What More to Know About OctaFX Broker?
What is OctaFX Broker?
OctaFX is a forex broker which basically provides its services to its user so they can trade conveniently from anywhere around the globe.
Is OctaFX legal in India?
Yes, OctaFX is legal in India. I just got out find that this broker is also registered under SEBI which is an Indian legal body to authorizes the broker to operate in India.
Minimum Deposit Amount with OctaFX
OctaFX broker has different minimum deposit limits for different account types with Micro and ECN account types the minimum deposit amount is USD 100 and for Pro account types it is USD 500.
What can be traded with OctaFX?
They provide their clients to trade in currency pairs, metals, indices, and cryptocurrencies.
“Even inherently, fear is not meant to limit you in any way. What fear means is to let you know that there is something important for you to overcome.”
OctaFX Research and Education
OctaFX does provide a lot of education and analysis material on their website with the help of which you can trade. When you click on the analysis and education option on their website the below screen will be shown:
They provide variety of tools which includes traders’ tools, analytics tools, and education material. Whether you are new to this field or experience there a lot of things in this section you can learn and can enhance your skill, just click on the desired option and there you go.
Trading Experience
Though it is suggested to know the concept of forex trading before investing with real funds still you can trade easily if you are new as the platform is not that hard to know, on the other hand, your choices of the trade can go wrong if you open a bid without any knowledge you might end up bearing the loss. So, before investing with real funds start using a demo account, take the help of education material, learn, analyze then earn.