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OctaFX official representative

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  • Post #241
  • Quote
  • Mar 21, 2016 2:43am Mar 21, 2016 2:43am
  •  Johannas
  • | Joined Nov 2015 | Status: Member | 53 Posts
Quoting ZeF
Disliked
Some more gems from their T&C: "7.2. The Company reserves a right to modify Clients leverage settings at any time." This translates into: You are at 1:500 and close to MC on any given open position. They change the leverage on you to 1:200, and you get MC. Goodbye balance, hello negative balance. "13.12. For security reasons the Company reserves a right to demand Clients complete identification data, such as ID copy, address proof copy, bank reference letter and other relevant documents, apostilled or certified by a notary. Should such demand be...
Ignored
I guess people can read and good traders who are skilled enough to get some money in their trading are lireate enough to understand the rules of this or that broker. The question is: have you traded with this one? Otherwise there is no point in this theoretical discussion. I would love very much to hear the real cases of people who had the problems that you suggested (not experienced yourself). Like, really, what's the point of a forum if you don't mention your own practical experience?
 
 
  • Post #242
  • Quote
  • Mar 21, 2016 4:35am Mar 21, 2016 4:35am
  •  Fedricks
  • | Membership Revoked | Joined Sep 2014 | 413 Posts
Quoting Johannas
Disliked
{quote} I guess people can read and good traders who are skilled enough to get some money in their trading are lireate enough to understand the rules of this or that broker. The question is: have you traded with this one? Otherwise there is no point in this theoretical discussion. I would love very much to hear the real cases of people who had the problems that you suggested (not experienced yourself). Like, really, what's the point of a forum if you don't mention your own practical experience?
Ignored
This is real comedy…. Zef, you need to visit some doctor mate because you have really lost it. Johannas, you can suggest something to a person who got any real reason for certain actions, but here it is crystal clear that Zef thinks OctaFX is the only bad broker and given he is jobless, it is his 24/7 job to figure out the con of this company, I really suggest him to visit a doctor soon because things are getting from bad to worse!
 
 
  • Post #243
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  • Mar 28, 2016 4:42am Mar 28, 2016 4:42am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
How to trade Forex? You can now find the answer in our Education section!
Attached Image

OctaFX is ready to present our traders with everything they need to know: Education section is now released! Having a question? Want to learn more about Forex? Mastered easy techniques and ready for more? Weve been carefully studying every enquiry to our Customer Support as well as the latest tendencies in online trading and gathered all the knowledge you may need while conquering the world of Forex. Our Education section now has 3 major sub-sections:

 

  1. FAQ or Frequently Asked Questions is a sub-section where all vital questions about trading are all sorted into groups, so you will know where to go searching for information about our services.
  2. Glossary contains every term you need to know practicing online trading: all the items are sorted in alphabetical order to enhance usability.
  3. Manuals are all about two major trading platforms MT4 and cTrader. Find a part you are interested in and the link will take you to the developers manual.


Still want more? Articles from the leading OctaFX analysts are soon to be released as well as a top-secret innovative tool to help you advance in trading: keep your eyes peeled! We are trying our hardest to enhance learning process for every client, whether a newbie or a professional trader. Havent found what youve been looking for address our award-winning Customer Support for qualified help.



While you are reading this, others are already learning something new check out our Education section now!

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  • Post #244
  • Quote
  • Mar 29, 2016 4:19am Mar 29, 2016 4:19am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
OctaFX and Southampton FC challenge you to score! ​

OctaFX together with our English Premiere League football partner Southampton FC are calling you out on a challenge!

Blind Soccer Challenge from OctaFX is aimed to raise funds for visually impaired sportsmen across the globe!

Attached Image


Join Southampton FC star Jordy Clasie by sending us videos of you trying to score a goal blindfolded. You will help Saints Foundation and Bali Sports Foundation to support their programmes and heres how: OctaFX will donate 20 for every video you post!

All the funds raised will be equally divided between Saints Foundation and Bali Sports Foundation.

Participating in OctaFX Blind Soccer challenge is very easy: all you have to do is post the video via Instagram, Twitter or Facebook using the hashtag #octafxchallenge if you are willing to help!

Post your videos before April 21st! Dont forget to have fun and share the Blind Soccer Challenge with friends they may be willing to join as well!



Join OctaFX Blind Soccer Challenge!
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  • Post #245
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  • Mar 29, 2016 5:00am Mar 29, 2016 5:00am
  •  JT4xPro
  • | Joined Nov 2012 | Status: Member | 100 Posts
Dear OctaFX.Rep,

thanks for that information about how to trade and soccer. I got some other question left. What was it... AH I KNOW AGAIN: Why did you close my account without a reason? Almost forget that you are still owing me that answer.
Somehow I wonder why you did not answer yet. Maybe because you want to talk about it here https://www.facebook.com/octafx? Probably I should link it there...
 
 
  • Post #246
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  • Mar 29, 2016 8:48am Mar 29, 2016 8:48am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
Quoting JT4xPro
Disliked
Dear OctaFX.Rep, thanks for that information about how to trade and soccer. I got some other question left. What was it... AH I KNOW AGAIN: Why did you close my account without a reason? Almost forget that you are still owing me that answer. Somehow I wonder why you did not answer yet. Maybe because you want to talk about it here https://www.facebook.com/octafx? Probably I should link it there...
Ignored

Dear JT4xPro,

The answer to your question was given many times and we do not have any other answer for you except the one you had been already given. If you think that Facebook helps you to get another answer to your question, this is not true, our answer would be the same even there.

Best regards,
OctaFX Rep.
 
 
  • Post #247
  • Quote
  • Mar 29, 2016 10:02am Mar 29, 2016 10:02am
  •  JT4xPro
  • | Joined Nov 2012 | Status: Member | 100 Posts
Quoting OctaFX.Rep
Disliked
{quote} Dear JT4xPro, The answer to your question was given many times and we do not have any other answer for you except the one you had been already given. If you think that Facebook helps you to get another answer to your question, this is not true, our answer would be the same even there. Best regards, OctaFX Rep.
Ignored
Excuse me. You've got me wrong. I meant to receive an answer a reliable broker would give.
 
 
  • Post #248
  • Quote
  • Mar 29, 2016 10:43am Mar 29, 2016 10:43am
  •  Nabz
  • | Joined Aug 2014 | Status: Member | 781 Posts
Quoting JT4xPro
Disliked
{quote} Excuse me. You've got me wrong. I meant to receive an answer a reliable broker would give.
Ignored
Your story should be promoted to every corner of the internet. It also shows how these brokers are using True ECN slogan which is obviously false and OctaFX is a broker who is now regulated by FCA. I would recommend you to post your story on ForexPeaceArmy as well.

I hope one day governments crackdown on such brokers and make it mandatory for them to classify as casinos instead of brokerage firms where if you win continuously you are kicked out.
 
 
  • Post #249
  • Quote
  • Mar 29, 2016 8:42pm Mar 29, 2016 8:42pm
  •  reddevil
  • | Joined Feb 2014 | Status: Member | 122 Posts
Quoting Nabz
Disliked
{quote} Your story should be promoted to every corner of the internet. It also shows how these brokers are using True ECN slogan which is obviously false and OctaFX is a broker who is now regulated by FCA..
Ignored
Looks like sponsoring English football club has the desired effect which implies "FCA regulated" !!
 
 
  • Post #250
  • Quote
  • Apr 8, 2016 10:17am Apr 8, 2016 10:17am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
OctaFX Blind soccer Challenge

Maarten Stekelenburg supports #octafxchallenge!

Inserted Video

Join Southampton FC stars by sending us videos of you trying to score a goal blindfolded.
You will help Saints Foundation and Bali Sports Foundation to support their programmes and heres how: OctaFX will donate 20 GBP for every video you post!
All the funds raised will be equally divided between Saints Foundation and Bali Sports Foundation.

Participating in OctaFX Blind Soccer challenge is very easy: all you have to do is post the video via Instagram, Twitter or Facebook using the hashtag #octafxchallenge if you are willing to help!

Attached Image
 
 
  • Post #251
  • Quote
  • Apr 15, 2016 4:46am Apr 15, 2016 4:46am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
Attached Image

It is a last chance to win an iPhone joining the Round 20 of Supercharged real contest! iPhone will be given away to the trader of the Month on April 29!

Register here and win!
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  • Post #252
  • Quote
  • Apr 19, 2016 10:07am Apr 19, 2016 10:07am
  •  TradingCFDs
  • | Joined Mar 2016 | Status: Member | 20 Posts
Hi OctaFX,
I couldn't find any information regarding negative balance protection in your site.Do you offer negative balance protection?
 
 
  • Post #253
  • Quote
  • Apr 20, 2016 1:48am Apr 20, 2016 1:48am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
Quoting TradingCFDs
Disliked
Hi OctaFX, I couldn't find any information regarding negative balance protection in your site.Do you offer negative balance protection?
Ignored
Dear TradingCFDs,

OctaFX offers negative balance protection, so whenever you balance becomes negative we automatically adjust it to zero. If your balance becomes negative due to Stop Out, OctaFX will compensate the amount and bring your account balance back to zero. OctaFX guarantees that your risk is limited to only those funds you have deposited into your account. Please be aware that it does not include any debt payments from the Client. Thus our clients are protected from losses beyond the initial deposit at OctaFX cost. You can read more in our Customer Agreement section.

Best regards,
OctaFX Rep.
 
 
  • Post #254
  • Quote
  • Apr 20, 2016 8:03am Apr 20, 2016 8:03am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
Round 19 of Supercharged real contest: holding breath before the final straight!
Attached Image

Theres only one month left till the very end of OctaFX Supercharged real contest, and soon the ultimate winners will be unveiled. Stay tuned to learn who gets Tesla Model S and a whole lot of other outstanding prizes! Here is the list of prizes you can get competing in the final:

  1. Tesla Model S
  2. Smart Fortwo
  3. Renault Twizy
  4. The latest Apple iMac
  5. The latest Apple MacBook pro
  6. The latest Apple Macbook Air
  7. The latest Apple Mac Mini
  8. The latest Apple iPad
  9. Apple iPhone 6s plus
  10. iPhone 6s

In the meantime, the results of the last but one round are here, so lets welcome Chin Heung from Hong Kong who was the first trader in Round 19. The winner was excited to share his trading secrets and strategies:

The contest was an excellent drill for me. Ive been trading for quite a while now, but Ive never thought I could win in a contest: there are so many people participating... This time I got lucky and my profits were unexpectedly high. I mean, I consider myself an experienced trader but profits always vary and I cant say I dont face any losses. So Im really excited about the recent round of the Supercharged contest.

The contest wasnt taking a lot of time and effort, I was just trading as usual. At the same time, I was competing with the other contestants which was a good challenge.

My main strategy is no rush. If you are emotional and impatient, you are not a good trader. Forex is all about being calm and relaxed - no matter what happens on the market. Being reserved, you can see the whole picture in objective light. Of course, it took some time for me to develop this strategy and adopt it. The first year or two were full of mistakes and stupid losses. Now I learned to avoid them thanks to being patient and calm. There is one trick to acquire this kind of state: keep your trading money separate from your personal funds. Consider trading your job - this will help you bring down the level of nervousness.

My next plan is of course to win Tesla. The last round will be over soon and I stake my hopes on the last run. The prize is really big, so the competition is serious.

My advice for the fellow traders is the following: be strong, calm and be ready to win. Because why not?


OctaFX Supercharged real contest: time to win!

Attached Image
 
 
  • Post #255
  • Quote
  • Apr 21, 2016 2:46am Apr 21, 2016 2:46am
  •  a.miller
  • | Joined Mar 2016 | Status: Member | 28 Posts
Hello OctaFx.Rep,

I read some negative reviews about hidden commissions and charges.Many traders were complaining about their deposit via skrill. Also, I would like to know if your bonus is available for cTrader.
Thanks
 
 
  • Post #256
  • Quote
  • Apr 21, 2016 3:00am Apr 21, 2016 3:00am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
Quoting a.miller
Disliked
Hello OctaFx.Rep, I read some negative reviews about hidden commissions and charges.Many traders were complaining about their deposit via skrill. Also, I would like to know if your bonus is available for cTrader. Thanks
Ignored
Dear a.miller,

OctaFX doesn't charge any commission, and cover deposit and withdrawal fees applied by payment systems. When depositing via Skrill, the client pays no extra fees in case his Skrill account and his trading account are in USD. In case, client’s Skrill account is in USD and his trading account is in EUR, the deposit in USD will be converted to EUR as per FX rate. If client’s Skrill account is in currency other than USD, Skrill will convert the money into USD using their own exchange rate and may charge additional fee.

Deposit bonus can be credited only to MT4 account. You can read full information on our deposit bonus conditions here.

Best regards,
OctaFX Rep.
 
 
  • Post #257
  • Quote
  • Apr 21, 2016 7:44am Apr 21, 2016 7:44am
  •  a.miller
  • | Joined Mar 2016 | Status: Member | 28 Posts
Thank you for the explanation.Are you allow all types of trading ? scalping,hedging,spread betting?
 
 
  • Post #258
  • Quote
  • Apr 21, 2016 7:49am Apr 21, 2016 7:49am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 227 Posts
Quoting a.miller
Disliked
Thank you for the explanation.Are you allow all types of trading ? scalping,hedging,spread betting?
Ignored
Dear a.miller,

Our clients are welcome to use any trading strategies including but not limited to scalping, hedging, news trading, martingale as well as any Expert Advisers with only exception of arbitrage.

Best regards,
OctaFX Rep.
 
 
  • Post #259
  • Quote
  • Apr 24, 2016 7:09am Apr 24, 2016 7:09am
  •  nolimitz
  • | Joined Apr 2015 | Status: Member | 33 Posts
There is a lot of information about this particular broker, that it appears to be a scam! Any experience with octaFX guys?
really curious tho!
 
 
  • Post #260
  • Quote
  • Apr 24, 2016 7:18am Apr 24, 2016 7:18am
  •  Drolph
  • Joined Jun 2015 | Status: Member | 699 Posts
Just go through the last few pages of this thread to get your answer.
 
 
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