Octa Journal
Journal status: live Octa joined in | not yet |
Octa Profile
Website
Year
2011
Country
Comoros
Branches
1
Regulation
MISA Comoros, CySEC Cyprus, FSCA South Africa
Registration
MISA Comoros
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Philippines, UK, US
Broker type
ECN pricing
Dealing book
A-book
Tier
1
Execution speed
100 ms
LPs total
1
LPs quality
MTFs
LPs names
LMAX
Octa Accounts
ECN
Minimum Deposit
25 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.6 pips
Commission
0 $/lotRT
Volume
500 lots
Margin Call
25 %
Stop Out
15 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bitcoin, Skrill, Neteller, Litecoin, Dogecoin, Ethereum, Tether, Debit Card, Credit Card
Base currency
USD, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker |
- Full listing profile: Octa broker profile
Is Octa safe?
- Investor protection: no
- Regulation: MISA Comoros, CySEC Cyprus, FSCA South Africa
- Registration: MISA Comoros
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Octa trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - Octa website: highly detailed, updated
★★★★★ - Octa popularity (by visitor count): top visited
★★★★★
How Octa works
4.1. The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.
10.5. The Company at its sole discretion will specify the current market price.
4.9. In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.
https://www.octafx.com/company/customer-agreement/
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