Octafx has tightest spreads | Forex Factory

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Octafx has tightest spreads

  • #1
  • First Post: Jan 9, 2013 6:45am Jan 9, 2013 6:45am
I have been executing a few trades with www.octafx.com to test their system and I am impressed.
0.6pip spread on EURUSD with no commission and no slippage. The price you click buy on the Euro is the price you get.

How would they be hedging these trades?
  • #2
  • Jan 9, 2013 7:56am Jan 9, 2013 7:56am
Sending money to St. Vincent and the Grenadines, or to Baku, Azerbaijan - bright idea, isnt it..
  • #3
  • Jan 9, 2013 8:28am Jan 9, 2013 8:28am
Quoting shrike
Sending money to St. Vincent and the Grenadines, or to Baku, Azerbaijan - bright idea, isnt it..
Never a bright idea for large sums. But small amounts is no problem. Losing $1000 is not an issue. Octafx leverage is 1:500 and the first person who can't withdraw their money and it will be all over forexfactory, they would be shutdown very quickly, it is a risk worth taking. Just continually withdraw profits.

There has not been one slippage on any of my trades.
  • #4
  • Jan 9, 2013 8:33am Jan 9, 2013 8:33am
Quoting StephanusR
I have been executing a few trades with www.octafx.com to test their system and I am impressed.
0.6pip spread on EURUSD with no commission and no slippage. The price you click buy on the Euro is the price you get.

How would they be hedging these trades?
Extremely incredible that someone could make a judgment in execution, spread and possible slippage of a broker from a demo account.

J.
  • #5
  • Edited Jan 12, 2013 9:53pm Jan 9, 2013 11:30am | Edited Jan 12, 2013 9:53pm
octafx is a forex broker, why was this thread moved to commercial?
  • #6
  • Last Post: Jan 9, 2013 11:31am Jan 9, 2013 11:31am
Quoting jeuro
Extremely incredible that someone could make a judgment in execution, spread and possible slippage of a broker from a demo account.

J.
Real account. You can open one for $5.
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