Headquarters: | Bonovo Road – Fomboni Island of Moheli Comoros Union |
Foundation Year: | 2011 |
Country: | Comoros Union |
Email: | support@octafx.com, ib@octafx.com |
Trade Platform: | OctaTrader MetaTrader4 (MT4) MetaTrader5 (MT5) |
Acc Funding Methods: | Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay, Local Payment means in: Indonesia, Malaysia, Bangladesh, Pakistan, Nigeria, Thailand, India |
Max: Leverage: | 1:1000 |
Min. Deposit: | 25 |
Base Currencies: | USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD, CAD |
Min. Spreads: | 0.6 Pips |
OctaFX gives a 50% bonus on every deposit you make. This offer boosts your trading funds instantly, allowing you to trade more and earn more.
Joining Link: OctaFX 50% Deposit Bonus
Just make a deposit, and OctaFX adds 50% of that amount to your account. It’s an easy way to grow your trading potential quickly. There are no hidden hoops to jump through; just deposit and get your bonus. Use this to take advantage of more market opportunities.
Introduction to OctaFX 50% Deposit Bonus
This program offers the opportunity to boost your OctaFX deposit by 50%! Keep reading to understand the mechanics of the OctaFX 50% deposit bonus.
Discover how you can boost your OctaFX deposit by 50% with the help of this program. Keep reading to understand the mechanism behind the OctaFX 50% deposit bonus.
In order to attract clients, forex brokers employ different tactics including offering advantageous trading conditions, exclusive perks, special rewards, and bonus programs. However, out of all these options, the deposit bonus remains highly sought after in the market due to its advantages for both clients and brokers. On the one hand, customers can take advantage of the special benefits provided in their transactions, while on the other hand, brokers can increase their earnings by acquiring new customers.
In this article, we will feature the deposit bonus provided by OctaFX, a leading multi-asset brokerage firm in the market. With a history dating back to 2011, the company is under full regulation by CySEC. As commonly known, OctaFX is a beginner-friendly broker that offers various advantages such as competitive spreads, paper trading options, and a dependable trading platform.
What does the OctaFX 50% bonus entail?
OctaFX provides a 50% bonus on deposits made into a client's account. This means that if you deposit $200, you will receive an additional $100, which will be transferred to your real account. To take advantage of this promotion, all you have to do is sign up with OctaFX and add funds to your trading account. The bonus will be credited to your account automatically once it is activated.
There are specific terms set by the broker regarding the utilization of this bonus. The bonus will be granted as a portion of your account's total value and accessible margin, thereby enabling you to engage in trading and open positions with greater trading volumes. However, it is essential to keep your total value above the bonus amount in order to avoid potential cancellation of the reward.
OctaFX a renowned global broker, has been recognized with numerous accolades for its exceptional trading environment and personalized customer service. Established in 2011, the company is based in Kyros Tower, Nicosia at Strovolou 47.
In the year 2019, OctaFX was recognized with prestigious accolades such as "Best ECN/STP" and "Best Broker in Asia" by FX Daily Info. It also received the title of "Best Broker in Asia" in 2018 from Global Banking and Finance Review Magazine, and was awarded as the "Best Forex Broker" and "Best Trading Conditions" in 2018 by European CEO Magazine.
OctaFX is authorized by Octa Markets Incorporated and is officially registered in Saint Vincent and the Grenadines, making it a reliable choice for traders from various countries. This broker provides convenient services such as live chat in Indonesian and WhatsApp support, and allows deposits and withdrawals through multiple local banks. Additionally, there are no fees charged by OctaFX for deposits and withdrawals made by traders.
OctaFX provides a variety of account options that utilize market execution (STP/ECN) and have a floating spread of 2 pips. All account types offered by OctaFX enable the implementation of multiple forex tactics, such as scalping, hedging, and utilizing an EA for trading.
A discount on the fixed exchange rate can also be availed by those who open a Micro MT4 account. Deposits made in IDR will be converted at a rate of US $1 = Rs 10,000 and will be added to the trader's account balance. Additionally, a no overnight interest account is available for Muslim traders who wish to avoid paying interest on their trades.
OctaFX trading is ideal for beginners as well. This is due to the fact that OctaFX provides low spreads, starting from 0.0 points, and the initial deposit required is also minimal at just $25. The account currencies available are USD and EUR.
OctaFX offers a 50% bonus for every deposit made by a trader. As OctaFX expands its opportunities, these deposit bonuses can be withdrawn according to the specified terms and conditions.
For traders who may be struggling with calculating their profits, the OctaFX platform offers a trading calculator tailored to each account type. By inputting the currency pair, leverage amount, lot quantity, and account currency, traders can easily determine their potential profits.
The use of Autochartist feature not only enhances the chances of gaining profits but it also facilitates prompt notification for traders when a trade exhibits a profitable signal. This feature boasts an impressive accuracy of 83% in predicting trends.
Traders can rest assured that their funds are secure with OctaFX as they utilize segregated accounts and employ SSL technology to safeguard personal data and online transactions. This security measure is in compliance with international accounting standards and regulations.
OctaFX has a special promotion called Trade & Win, which rewards traders with attractive prizes. By simply opening a real account on either MetaTrader4 or MetaTrader5 through OctaFX, traders can earn lots which can be redeemed for prizes like T-shirts, Android smart watches, smartphones, and laptops. This unique program is just one of the many advantages of choosing OctaFX as your trading platform.
OctaFX frequently offers bonuses and promotions, including regular trading competitions on demo accounts and tangible bonuses that can be utilized for trading.
The OctaFX Champion-MT4 Demo Contest is one of the competitions that offers prizes, with a total of $1,000 and four winners per cycle.
Is it possible to withdraw the bonus?
In order to withdraw bonuses, it is necessary to engage in trading and fulfill the volume requirements, which can be determined using the following formula:
Bonus amount (USD) divided by 2 is equal to the standard lots.
When you make a deposit of $600, you will be given a bonus of $300, with half of it being the required number of lots to trade. This means that to withdraw the bonus, you will need to trade 150 lots, which is equivalent to 300 divided by 2.
Kindly take note that customers with Gold and Platinum status will have a reduced number of lots available for trading. You may refer to your profile on the deposit bonus page to track your completion progress and the remaining amount.
Steps for receiving bonus
To get started, sign up and open a legitimate trading account with OctaFX. Select the account type that best fits your personal preferences and trading approach. Make a deposit of at least $50, or the equivalent in your preferred currency, through any payment method of your choice. Take advantage of the free deposit bonus to boost your initial deposit by fifty percent. You can choose to manually activate the bonus in your profile after making a deposit, or you can opt for the "Automatically apply more bonuses" feature in the "Settings" section. As per the broker's guidelines, meet the required trading volume to withdraw the bonus amount, with special conditions for clients with a high user status.
It is possible to activate the bonus whenever you choose, and it is suggested to do so manually when selecting which bonus offer to utilize. Remember that enough funds must be available to sustain the bonus, therefore it is important to select a manageable plan. Additionally, if the program is terminated, the entire bonus amount will be automatically subtracted from the trading account.
In conclusion
OctaFX is a reliable brokerage firm that caters to customers globally. With the OctaFX Deposit Bonus, traders can boost their available margin and open positions that are up to 750 times larger than their initial investment. Simply deposit a specific amount into your account and keep trading to take advantage of this opportunity. Additionally, it is important to keep track of the broker's quotes as they may increase the bonus trade during special events, potentially multiplying your profits by 2,000 times.
Kindly consider only opting for bonus schemes that are within your financial means. While the initial deposit for this bonus plan may be comparatively low, the trading volume needed to cash out the bonus may be challenging to achieve, particularly for novice and small-scale traders.
OctaFX is a global Forex broker that operates globally and is a member of the Octa Markets Incorporated Group. The group is registered with the Saint Vincent and the Grenadines FSA. The company mainly caters to the Asian, South African, and Australian markets. However, it does not cater to European customers as they are directed to OctaFX.eu, which is regulated by CySEC.