OctaFX was launched in the year 2011, and its head office is located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent, and the Grenadines. They have won various awards for several years in India and are the most used broker here.
The broker provides 3 platforms MT4, MT5, and C Trader in which users can trade as – per his/her experience. Though the broker offers a tight spread on almost every pair, they also offer a demo account at first in which you can check the services offered by the broker.
All three account types are also available for Islamic countries. The broker is providing its services in over 180 countries in the world and established itself among the top 10 brokers.
The broker provides a wide range of channels for depositing your funds so that they don’t charge any fees on deposit and withdrawal. The broker provides bonus offers also which is an impressive option for traders.
In my point of view, the trading experience with this broker went quite well. I haven’t faced any issue with this broker that all the processes run super smoothly.
If I have to choose the account out of three, I will go with the micro account, as it is the most convenient account for most of the people with the lowest investment, overall cost of the broker is also low whereas, in other accounts, one has a very high minimum deposit value and another account is difficult to trade-in.