Hiway FX
Min Dep.
$20
Leverage
500:1
Octa FX
Min Dep.
$5
Leverage
500:1
UFX Markets
Min Dep.
$100
Leverage
200:1
Markets
Min Dep.
$100
Leverage
200:1
Octa FX                          

OctaFX is a famous ECN/STP broker, which lies in Saint Vincent and the Grenadines. It is a brand-new breed of online foreign exchange broker which has awarded by Worldwide Financial and Financing Evaluation as Fastest Expanding Micro Broker 2012. No question, the quick development of this broker can be associated with the excellent quality trading services that the broker is offering to its traders. OctaFX knows that its customers are the most important property as well as for this reason pursue perfection.

Minimum Deposit Need

They offer a minimum down payment of just $5 which should be neglected as also in a micro-account there is no sensible technique which can be applied to a $5 profile. In a common account, the minimal deposit should be $1,000 in order to be able to perform a method with correct risk administration treatments, which in theory would equate to a down payment of $10 for a micro-account.

General Facts

Regulated By: IFSA (St. Vincent and also Grenadines)
Maximum Leverage Ratio: 1:500
Permits US Clients: No
Trading Platform: MT4
Min. Down payment: $5

Spreads & Compensations

Though this broker has a variable spread, the sort of spread is quite low. The most affordable spread of EUR/USD is approx. 0.2. It doesn’t take any commissions for micro as well as ECN accounts. Spread terms and conditions may vary for different types of trading accounts.  

Types of Trading Platforms

OctaFX supplies the Metatrader 4 system, a comfortable and fully adjustable investing terminal that utilizes the latest innovation ins the Foreign exchange market. It has a wide variety of build-in scripts, several time-frames, progressed charting devices, market indications and quick execution. It is additionally accessible on iOs, Android as well as windows cell phones for clients aiming to trade on the move.

Accounts Segregation

OctaFX maintains its company funds very carefully. It always keeps its client’s funds separate from the company fund. It is done on the basis of worldwide rules and accounting standard.

Modes of Banking

Any financial transaction at this broker can be made via typical channels, like Bank Wire Transfers, and Skrill, Visa/ MasterCard, yet various other domestic banking techniques are also assisted with new ones being added monthly. One can use these methods for safe and secure financial transaction.

Risk Warning : Forex trading is not risk free, not all online forex brokers offer straight-forward and secure modes of banking. It is suggested to you to go with the broker who has a great reputation in the industry for offering their visitors the most reliable and secure modes of banking as money is the main issue while trading forex online.
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