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OctaFX official representative

  • #261
  • Apr 25, 2016 3:11am Apr 25, 2016 3:11am
Quoting OctaFX.Rep
{quote} 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...
Thanks for your reply.I went through the customer agreement I have a question regarding leverage modification.

  1. 7.2. The Company reserves a right to modify Client’s leverage settings at any time. without prior notification.

In under which circumstances the company can modify clients's leverage?

  • #262
  • Apr 25, 2016 8:49am Apr 25, 2016 8:49am
Quoting nolimitz
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!
In what way it appears to be a scam? I have been trading with Octafx for long time now and I have never faced any major problem to talk about. Of course, I have issues personally (not able to control emotions and all that) but in their responsibility they have done everything what they initially promised (written on web) I personally love the instant payment system since I can get payments even if it’s Sat/Sun, so it gives me comfort and I know my profits is always with me!
  • #263
  • Apr 26, 2016 4:11am Apr 26, 2016 4:11am
Quoting TradingCFDs
{quote} Thanks for your reply.I went through the customer agreement I have a question regarding leverage modification. 7.2. The Company reserves a right to modify Clients leverage settings at any time. without prior notification. In under which circumstances the company can modify clients's leverage?

Dear TradingCFDs,

These circumstances include various Force Majeure events such as:

2.15.1. any act, event or occurrence (including, without limitation, any strike, riot or civil commotion, terrorism, war, act of God, accident, fire, flood, storm, electronic, communication equipment or supplier failure, interruption of power supply, civil unrest, statutory provisions, lock-outs) which, in the Company’s reasonable opinion, prevents the Company from maintaining an orderly market in one or more of the Instruments;
2.15.2. the suspension, liquidation or closure of any market or the abandonment or failure of any event to which the Company relates its Quotes, or the imposition of limits or special or unusual terms on the trading in any such market or on any such event.

Best regards,
OctaFX Rep.
  • #264
  • Apr 26, 2016 7:26pm Apr 26, 2016 7:26pm
Hey Guys,

Can anyone with live account and with 5k or more give me feedback on your experience with this broker?
I would really appreciate it as I need a new broker.
This question is to the rep. Do you allow scalping?
Thanks in advance.
G
I read and watch to learn.
  • #265
  • Apr 27, 2016 1:18am Apr 27, 2016 1:18am
Quoting Greenspanke
Hey Guys, Can anyone with live account and with 5k or more give me feedback on your experience with this broker? I would really appreciate it as I need a new broker. This question is to the rep. Do you allow scalping? Thanks in advance. G

Dear Greenspanke,

OctaFX allows scalping, hedging and other strategies, in case the orders are placed in accordance with our Customer Agreement. However, please note that arbitrage trading is not allowed.

Best regards,
OctaFX Rep.
  • #266
  • Apr 27, 2016 1:24am Apr 27, 2016 1:24am
Quoting Fedricks
{quote} In what way it appears to be a scam? I have been trading with Octafx for long time now and I have never faced any major problem to talk about. Of course, I have issues personally (not able to control emotions and all that) but in their responsibility they have done everything what they initially promised (written on web) I personally love the instant payment system since I can get payments even if its Sat/Sun, so it gives me comfort and I know my profits is always with me!
Really? You can withdrawal your money even if it's weekend?Which payment method did u use?
  • #267
  • Apr 27, 2016 1:41am Apr 27, 2016 1:41am
Deposit your euro account with Skrill! ​
​
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We are glad to inform you that starting from today you can deposit your euro trading accounts with Skrill! OctaFX introduces direct deposits and withdrawals for Skrill in euro currency.

Every day we are aiming to make your trading more convenient. Today we are ready to introduce an improvement of Skrill deposit option: starting from now if you keep your funds on your Skrill account in euro no conversion is required to deposit OctaFX euro account! You can also withdraw your funds with no commission.

 

  1. Minimal deposit amount is 50
  2. Account credit is instant
  3. No commission is taken
  4. No conversion is performed


Try out this new option deposit your euro trading account with Skrill now!


Stay tuned to know about OctaFX improvements first!

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  • #268
  • May 2, 2016 3:13am May 2, 2016 3:13am
Quoting a.miller
{quote} Really? You can withdrawal your money even if it's weekend?Which payment method did u use?
When I say instant it should be obvious that it can be withdrawn anytime whether it’s week days or weekend. I always prefer to use Skrill, but also have got another account where I am using Bank Option (SCB), but that of course is not instant. I basically use banking deposit for long term trading (higher investment) and Skrill is used for smaller account for scalping, I am happy both are going pretty well so far with OctaFX and I hope it continues that way.
  • #269
  • May 2, 2016 11:04am May 2, 2016 11:04am
So Octa Fx, there is no where to log into my account anywhere on your website, the site map also has no mention of a log in link. The log in page that I had book marked also now leads to the same home page with NOWHERE to log in. Better yet when I try to send an E-mail to support querying this....the message will not send...Octa FX what are you doing? You have gone from my number 1 Broker to a distinctly shady operation. What exactly is the deal? If You can be bothered to assist I would sure appreciate it...although as of right now I am DISTINCTLY UNIMPRESSED.
  • #270
  • May 4, 2016 4:15am May 4, 2016 4:15am
Quoting Husker
So Octa Fx, there is no where to log into my account anywhere on your website, the site map also has no mention of a log in link. The log in page that I had book marked also now leads to the same home page with NOWHERE to log in. Better yet when I try to send an E-mail to support querying this....the message will not send...Octa FX what are you doing? You have gone from my number 1 Broker to a distinctly shady operation. What exactly is the deal? If You can be bothered to assist I would sure appreciate it...although as of right now I am DISTINCTLY...

Hello Husker!

If you trade from the United Kingdom, you will be redirected to our www.octafx.co.uk web-site. At this moment you can't log into your account from www.octafx.co.uk, we are sorry for this inconvenience but we are working really hard on this issue, so, stay tuned to our latest announcements. As soon as all necessary changes in compliance with the new status (FCA) are made, we'll be able to accept the UK clients.

Best regards,
OctaFX Rep.
  • #271
  • May 10, 2016 5:51am May 10, 2016 5:51am
Boat for Bali Sports Foundation sails now!
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We are glad to let you know our boat for Bali Sports Foundation sails now!

We're supporting Para-sailing programme for disabled people across Bali region and are proud to announce we've donated a Hansa boat so people willing to be involved in parasailing could practice!

OctaFX is proud to support Bali Sports Foundation, taking care of disabled sportsmen in Bali and East Indonesia. We believe that determination and strength can be acquired through sport and we are happy to help BSF change lives. Find out more
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  • #272
  • May 12, 2016 7:23am May 12, 2016 7:23am
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Our real account contest OctaFX Supercharged has rolled into its final stage: the winner will be announced in a week!

Take your chance to win and register here.


Forex trading involves a high degree of risk and may not be suitable for all investors.
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  • #273
  • May 13, 2016 10:06am May 13, 2016 10:06am
To Octafx users,
can you check with Malewarebytes if you are infected by a trojan named passwordstealer , injected by octafx4setup.exe

Quote
PWS (Password Stealer) Trojan, a malware that monitors your keystokes, captures personal information such as user names and passwords, and send this information to the malware originator.
  • #274
  • May 14, 2016 10:00pm May 14, 2016 10:00pm
Quoting duxis
To Octafx users, can you check with Malewarebytes if you are infected by a trojan named passwordstealer , injected by octafx4setup.exe {quote}
What do you mean?
  • #275
  • May 15, 2016 2:10am May 15, 2016 2:10am
Quoting duxis
To Octafx users, can you check with Malewarebytes if you are infected by a trojan named passwordstealer , injected by octafx4setup.exe {quote}
I found the same. I hope a false positive
  • #276
  • May 18, 2016 8:47am May 18, 2016 8:47am
Supercharged traders awarded: Syed Yazid from Malaysia won Tesla Model S!
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OctaFX Supercharged real contest lasted for 1.5 years and now its time to unveil the winners! 3179 traders took part in this fierce competition that comprised 20 rounds plus the exciting finish line, and OctaFX team would like to thank all the traders who took part in this contest. We are happy to announce the winners and grant the following prizes that we have prepared:

 

  1. Tesla Model S, an all-electric powerful hatchback goes to Syed Yazid from Malaysia
  2. BMW i3, an urban electric model goes to Chin Heung from Hong Kong
  3. Renault Twizy, a battery-powered electric city car goes to Budi Santoso from Indonesia
  4. The latest Apple iMac goes to Daniel Abella from Spain
  5. The latest Apple MacBook Pro goes to Satriya Agung Wibowo from Indonesia
  6. The latest Apple Macbook Air goes to Erwin Agung Prasetyo from Indonesia
  7. The latest Apple Mac Mini goes to Motie Hayajneh from Jordan
  8. The latest Apple iPad goes toJia Qi Guo from China
  9. Apple iPhone 6splusgoes to Dira Septria Dwi Sari from Indonesia
  10. Apple iPhone 6sgoes to Yohanes Prayoga from Indonesia


During the contest, OctaFX also awarded 20 iPhones 6s to the monthly round winners.

For the details on the contest, visit the Supercharged real contest results page and watch the video to witness the winners announced. Stay tuned to read the success stories of the winning traders!

OctaFX hopes that you enjoyed participating in Supercharged real contest. Stay tuned to know about our new contests and promotions first!

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  • #277
  • May 19, 2016 1:35am May 19, 2016 1:35am
Me and Yazid in same country (Malaysia) congratulation! Malaysian trader.
  • #278
  • May 19, 2016 9:27pm May 19, 2016 9:27pm
It's amazing that traders from Indonesia are always there in winners list, it's amazing to see the consistency of good traders from that country!
  • #279
  • May 23, 2016 3:17pm May 23, 2016 3:17pm
Quoting Greenspanke
Hey Guys, Can anyone with live account and with 5k or more give me feedback on your experience with this broker? I would really appreciate it as I need a new broker. This question is to the rep. Do you allow scalping? Thanks in advance. G
Hi!

I scalped at OctaFX. When my account started to grow exponentially they kicked me out without giving me any reasons. I did not trade any strategy against their rules. I asked again and again why they kicked me out. All they say is it is allowed by their rules to close your account without giving any reasons.
My experience is that they lose what you win so they will like you as long as you dont win.

Kind regards,
Jan.

P.S. I started with 13 USD and when I was at about 450 USD they closed my account. Have fun to try this with 5k initially deposit!
P.P.S You can read at post #167 about it. If you want to answer your question if this broker is trustworthy enough to spend 5k do your self a favor and spend 10 minutes reading before.
  • #280
  • May 24, 2016 1:25am May 24, 2016 1:25am
Quoting JT4xPro
{quote} Hi! I scalped at OctaFX. When my account started to grow exponentially they kicked me out without giving me any reasons. I did not trade any strategy against their rules. I asked again and again why they kicked me out. All they say is it is allowed by their rules to close your account without giving any reasons. My experience is that they lose what you win so they will like you as long as you dont win. Kind regards, Jan. P.S. I started with 13 USD and when I was at about 450 USD they closed my account. Have fun to try this with 5k initially...

Dear JT4xPro,

When you'll decide to tell traders your story next time in this thread, please, don't forget to mention that before you account was closed all of your funds had been successfully withdrawn and that any company HAS the right to discontinue to provide its services to the client without disclosing the reason.
Please, be more attentive, when you read and agree with the Customer Agreement.

Best regards,
OctaFX Rep.
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