Octa
Broker News
OctaFX Rebrands to Octa2023-09-26
The rebranding is part of a bigger transformation process, OctaFX says.
5 Best Nigerian Forex Brokers for Leverage2023-04-25
Looking for Nigerian forex brokers that offer high leverage for your trading needs? Check out our guide to the 5 best forex brokers in Nigeria that provide leverage to traders.
Deposit Rate Comparison Between Forex Brokers in Nigeria2022-05-09
Here is a list of the top 7 popular forex brokers that offer relatively good deposit exchange rates and trading platforms to Nigerian traders.
Updates
Promotions
Octa offers reduced spreads during the U.S. election
The broker will lower spreads on most assets for a whole month between 31 October and 15 November to provide traders with extra opportunities during high market activity before and after the elections.
2024-10-25
Account Type
8.6
Very Good
different account currencies supported
MT5 Account
OctaTrader account
MT4 account
Trading Platforms
MT5
Min Deposit
25.0 USD
Max Leverage1 : 1000
Min Trade Volume
0.01 Lots
Margin Call Level25%
Stop Out Level15%
Commission
0 USD
Spread TypeVariable Spread
Account Currencies
USD
Trading Instruments
Cryptocurrencies, Stocks/Equities, Indices, Energies, Precious Metals, Forex/Currencies
EA
Hedging
Scalping
NBP
Islamic
Deposit and Withdrawal
8.6
Very Good
support crypto wallets
Features
|
Deposit Method
|
Commission
|
Exchange Rate
|
Processing Time
|
|---|
 |
None
|
Current Exchange Rate
|
1-5 minutes
|
 |
None
|
Current Exchange Rate
|
Instant
|
 |
None
|
Current Exchange Rate
|
1-3 hours
|
|
Withdrawal Method
|
Commission
|
Exchange Rate
|
Processing Time
|
|---|
 |
None
|
Current Exchange Rate
|
1-3 hours to approve the withdrawal and up to 5 minutes to transfer the funds.
|
|
|
None
|
Current Exchange Rate
|
1-3 hours to approve the withdrawal and up to 1 hour to transfer the funds.
|
 |
None
|
Current Exchange Rate
|
1-3 hours to approve the withdrawal and up to 30 minutes to transfer the funds.
|
Company and Service
8.6
Very Good
high spreads & good customer support
Features
Profile
Headquarters Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union
Founded2011
Broker Type
STP
Time ZoneGMT+3
Credit ProfileNo information
Trading Platforms
MT4
OctaTrader, MT4
MT5
OctaTrader, MT5
Contact
|
Country
|
Office Type
|
Phone Numbers
|
Email
|
|---|
 |
Headquarters
|
–
|
support@octafx.com
|
Others
Website Language
Bengali, Chinese(Simplified), Chinese(Traditional), English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai, Turkish, Vietnamese
Customer Service By
Email, Live Chat
Supported Language
Bengali, Chinese(Simplified), Chinese(Traditional), English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai, Turkish