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OctaFX.com-Happy weekend to all!







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*Demo accounts to test your trading strategy or your EA
*Micro accounts to try our outstanding services for as little as 5 USD
*ECN accounts for advanced and professional traders and investors
*Interbank liquidity from the world's top providers
*Market news and research, convenient economic calendar
*True ECN execution without requotes
*A wide range of deposit / *withdrawal options and much more.









Trade with OctaFX - the Most Reliable Forex broker!


Stand out for outstanding with OctaFX!


Please stay tuned for the news and updates from OctaFX!

Wishing you luck and profitable trading, yours truly, OctaFX!



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Stay updated with OctaFX and the latest Forex news!


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USD/JPY: Yen better bid amid European stocks rally

FXStreet (Mumbai) - The USD/JPY pair continues to trade in a slim range since European open, with the JPY bulls fight hard to retain control amid persisting risk-on sentiment.

USD/JPY rises from hourly 100-SMA
Currently, the USD/JPY pair trades -0.05% lower at 119.38, finding good support at 119.22 session lows, where the hourly 100-SMA coincides. The Japanese currency remains supported versus the US dollar this session after Japanโ€™s Chief Cabinet Secretary Yoshihide Suga recently noted that the government is not planning for further stimulus now.
While the upbeat BOJ quarterly Sakura report, which showed that the central bank upgraded its assessment of the nationโ€™s nine regional economies, also continues to underpin the yen.
However, the downside in the USD/JPY pair remains capped as the risk-on rally in the European indices, having shrugged-off the Chinese GDP print, offers support to the bulls.
Looking ahead, the dollar-yen pair will continue take cues from a set of speeches from Fed officersโ€™ amid a data-thin trading session today.

USD/JPY Technical levels to consider
The pair holds remains supported above 119 handle eyeing the next resistance located at 119.55/58 (daily R2 & highs) beyond which 119.83 (20-DMA) could be tested. Above the last, the pair could climb further towards 120 barrier. While to the downside immediate support might be located at 119.14/17 (daily lows & 5-DMA), below which 118.80 (Oct 16 Low) could be exposed. A breach of the last, the pair could drop to 118.65/62 (Sept 7 & Oct 14 Lows).

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Hi Gloria,

Sure, we have quite a few contests to choose from. There is a Supercharged real contest with a lot of valuable prizes and a chance to win Tesla Model S, an OctaFX Champion demo contest (500 USD for the first place), and a cTrader weekly demo contest (150 USD for the first place).

Good luck!

Hello, OctaFX!

Specify, please, does your company hold any contests for traders?

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OctaFX trading schedule changes
due to the end of Daylight Saving Time



OctaFX team would like to notify you that on Sunday, October 25, Daylight Saving Time ends in Europe. Please, note that Forex market and our servers convert from EEST to EET on this date. Our server time will be EET (Eastern European Time) starting Sunday, October 25. Don't forget to consider this fact while planning your trading.

Please note, that on Friday October 30th, 2015, trading on all available instruments will be closed at 23:00 EET (Server Time), due to the fact that the USA converts to Standard time a week later.

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Trading hours will be standard after November 1st 2015:

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Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day.

We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to [email protected].

Thank you for choosing OctaFX as your top-notch Forex Broker.

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OctaFX Supercharged Real Contest!
7 Rounds left till final!

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OctaFX Supercharged Real Contest welcomes one more winner to our list of round finalists who was ready to take the risk! Some tips on points scoring are also below!

Mr. Selim Shikder from Bangladesh is ready to share his success story with OctaFX traders:

Q: How do you feel about OctaFX Supercharged real contest?
A: Being a trader of the month in OctaFX Supercharged contest, I feel very excited and filled with joy! I thanked almighty Allah as well as Octafx to arrange this great contest.

Q: How involved in the contest you were โ€“ was it taking all of your time?
A: Actually I am always involved with Forex news and the price changes for different currency pairs. I am looking for opportunity for a perfect entry. And of course it did not take all my time.

Q: What is the key factor to your success? Why are you better than everyone else?
A: Key factor of my success is waiting for the exact entry. When I saw that ranking just 4 days prior to ending I found myself in the top and believed that I can win this contest. Then I decided I wonโ€™t lose this contest! Thatโ€™s why I closed several orders in loss. I have a plan to take a risk in last day of the contest to become a winner.

Q: What was your strategy? Have you developed a perfect plan or tried various techniques?
A: Actually I trade according to market trend. Thatโ€™s why my trade logs contain little long-term trading and scalping. To win this contest I try to gain more pips and more gain so that I can become top positioned.

Q: What was your most spectacular gain? Have you encountered considerable loss?
A: I think last day I made my best gain. Yes, I encountered several losses. Because I think Forex trader should make considerable loss. Otherwise they donโ€™t learn forex trading and one day they will lose entire account if they donโ€™t want to make any loss.

Q: Do you plan to win Tesla?
A: Yes, of course. My main target is to win Tesla Model S. I will devote myself to win this contest by taking correct trade decisions at the right time.

Q: What advice can you give to your fellow participants of OctaFX Supercharged real contest?
A: One advice to all traders: just obey the market and go with the market trend. Because market is always right.

As time flies, the final is approaching! Register in Supercharged real contest now to fight for Tesla Model S and other top-notch prizes!

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EUR/USD flatlined around 1.1030, IFO on sight

FXStreet (Edinburgh) - The single currency has started the week on the right footing vs. the greenback, with EUR/USD sidelined around the 1.1030 area so far.

EUR/USD focus on IFO

The pair has managed to regain some strength an advance towards the current 1.1030/40 region during the Asian trading hours after briefly testing sub-1.1000 levels last Friday.

Spot has broken below the key support at the 8-month uptrend on Friday, following the increased selling pressure after the ECB meeting. In the meantime, EUR is expected to remain under pressure as todayโ€™s German IFO is expected a tad lower than the previous readings.

EUR/USD relevant levels

As of writing the pair is up 0.12% at 1.1031 and a breakdown of 1.1000 (psychological level) would target 1.0915 (low Jul.7) and finally 1.0847 (low Aug.5). On the flip side, the next hurdle lines up at 1.1074 (8-month uptrend) followed by 1.1117 (200-day sma) and then 1.1153 (61.8% Fibo of 1.0808-1.1713).

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OctaFX donates equipment to BSF Wheelchair Basketball programme!


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OctaFX has been working with Bali Sports Foundation focusing on how to improve life of disabled sportsmen in Bali, Indonesia.

With our help, BSF can now afford to put in action more people willing to play wheelchair basketball: weโ€™ve donated 10 brand new wheelchairs to BSF wheelchair basketball programme! It will also improve the quality of training sessions, as new equipment is much more advanced!

We are really happy to support the development of this programme, as it helps young people from all over Bali to socialise, practice and set new goals! We strongly believe that by being involved into sports young disabled people receive healthy and positive experience.

OctaFX team is proud to support BSF athletes as we know they are trying hard to overcome any difficulty they may have. Seeing positive results is our best reward!

"On behalf of Bali Sports Foundation, I would like to thank OctaFX for their kind support in sponsoring these new WB chairs, so now instead of our old heavy steel wheelchairs, we have light strong aluminum ones that now allow us to compete on equal footing with other countries in wheelchair basketball."

Rodney Holt,
Founder of BSF

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It has been a great beginning of our collaboration with BSF. Supporting BSF in 3rd International Bali Para Games, we are glad to provide further assistance to BSF athletes across different programmes.

Follow our news page to know all the details and head over to BSF official website to change lives together with OctaFX!

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Have you already participated in
OctaFX Supercharged Contest?


Hurry up to get a chance to win
one of the awesome valuable prizes!


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How to win?
Your postion in the contest is not affected by your balance. What matters most is skillful trading. Each profitable trade brings you contest points. More profitable trades, more pips, more points! Your maximum contest score of 200 points consists of two parts:
Pips points: maximum 100 points. The more profitable pips you acquire, the higher your position is.
Gain points: maximum 100 points. The more profit you get โ€” the more chances to win you have.
Read more about the winning strategies on our website.

Register now
for your chance to win:

  • Tesla Model S
  • Smart Fortwo
  • Renault Twizy
  • The latest Apple iMac
  • The latest Apple MacBook pro
  • The latest Apple Macbook Air
  • The latest Apple Mac Mini
  • The latest Apple iPad
  • Apple iPhone 6s plus
  • iPhone 6s
  • Monthly prize - iPhone 6s
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EUR/USD firmer, advances near 1.0980


FXStreet (Edinburgh) - The European currency keeps alive its march north on Thursday, sending EUR/USD to highs near 1.0980 albeit at snail pace.

EUR/USD indifferent post-EMU data

The pair kept the composure after Octoberโ€™s mixed results in the euro area saw Business Climate and Economic Sentiment coming in above estimates, while Services Sentiment missed consensus and Consumer Confidence matched forecast at -7.7.

Next of relevance will be the preliminary inflation figures in Germany for the current month, ahead of the flash Q3 GDP figures and PCE in the US economy.

EUR/USD levels to watch

As of writing the pair is advancing 0.43% at 1.0971 and a break above 1.1021 (76.4% Fibo of 1.0808-1.1713) would target 1.1113 (200-day sma) en route to 1.1162 (100-day sma). On the other hand, the initial support lines up at 1.0894 (low post-FOMC Oct.28) followed by 1.0847 (low Aug.5) and finally 1.0808 (low Jul.20).

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OctaFX: Our Advantages


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OctaFX values every customer and does everything possible to make their Forex Trading experience with us positive and profitable. It has always been our top priority to provide our clients with high quality services in accordance with international standards and regulation. Our aim is making a trading experience convenient and outstanding, striving to drive forex trading to a completely new level.

ECN execution
OctaFX works with various liquidity providers around the world - clients' orders are sent directly to one or several liquidity providers to be executed on their end. Our system is designed to offer the best prices available at each moment to the clients. Read more.

The more liquidity providers a broker has, the better the execution for the clients is: more liquidity available generally means less price slippage. What makes us a true STP (Straight Through Processing) broker is that we donโ€™t internalise the orders; instead we send them to liquidity providers, acting as an intermediary between the client and the real market.

Client funds security
Account verification. Providing your ID and address proof ensures your transactions are safe and personalized.
Segregated accounts. OctaFX acts in compliance with international standards keeping customersโ€™ funds segregated from companyโ€™s assets.
SSL-protected Personal Area. Secure SSL encryption makes all your information confidential and inaccessible to third parties.
Secure transactions. 3-D Secure technology adds an authentication step for online payments making your VISA/Mastercard payments protected.

Negative balance protection
Our clientโ€™s losses cannot exceed their deposits, and if a clientโ€™s OctaFX trading account balance becomes negative, this does not mean the client is liable โ€“ OctaFX will compensate the clientโ€™s OctaFX trading account balance back to zero. Regardless of the market circumstances OctaFX protects the client from losses exceeding their deposits with OctaFX, which comes in handy in a constantly changing economic situation. However, the clientโ€™s capital is at risk and they may lose their initial investment.

Trading Software
OctaFX provides a wide range of trading tools available on both desktop and mobile platforms.

Totally client-oriented
Our operators reply to more than 2000 enquiries on an average day and are highly trained to comply with every company standard.
Thereโ€™s no question left unanswered โ€“ an average enquiry takes our award-winning Customer Support up to 5 minutes to solve.
OctaFX provides you with qualified support in English, Bahasa Indonesia and Chinese. Moreover we are always expanding our multilingual staff.
You will spend 4 to 10 seconds waiting for a reply in our live chat โ€“ the convenient and swift way to contact OctaFX!
Our well trained multilingual customer support is available 24 hours a day Monday to Friday to answer your enquiries and help you. The team are highly skilled and trained to comply with our corporate quality standards whilst providing efficient client assistance in a polite and professional way.

Join promotions and contests!
OctaFX develops a range of promotions to keep your trading spirit high, and to support healthy competitive attitude towards trading! Join our contests that engage more than 3000 people monthly! Check out Supercharged Real Contest to win Tesla Model S, cTrader Weekly Demo Contest to win $150 without risking your own money, or OctaFX Champion Demo Contest to win $500.

Press about us
"OctaFX have managed to conquer the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, OctaFX certainly comes highly recommended."
FX Empire



Ready to trade profitably with OctaFX? Follow one of the links below:

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OctaFX: 50% deposit bonus


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OctaFX provides a 50% bonus on each deposit!

To get your very own bonus, follow these simple steps:

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REGISTER. Select the account type that satisfies your needs.
Fill in your personal information, choose the account type
(MetaTrader4 Micro, MetaTrader4 ECN, cTrader ECN), leverage and currency.

DEPOSIT. No commission, instant processing.

GET BONUS. Available for all account types, credited on each deposit.

OctaFX offers the following benefits:

Margin support: open a position of a higher volume.

Automatic payout: get your bonus instantly after trading required volume.

Withdrawable bonus: withdraw your bonus funds when bonus is complete.

Get your bonus at our website!

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Stay updated with

OctaFX and the latest Forex news!

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EUR/GBP keeps falling, around 0.7120

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FXStreet (Edinburgh) - The increasing offered tone around the single currency has now dragged EUR/GBP to test fresh lows in the 0.7120/15 band.

EUR/GBP lower on EUR weakness

The European cross is thus trading at shouting distance from recent multi-month lows around the 0.7100 neighborhood, all against the backdrop of renewed selling interest surrounding EUR following the last ECB meeting and subsequent comments by ECB officials regarding the likeliness of further easing by the central bank.

Data wise, UKโ€™s Construction PMI has come in at 58.8 for the month of October, matching estimates and a tad lower than Septemberโ€™s 59.9. Next of relevance will be the speech by President M.Draghi later in the European evening.

EUR/GBP relevant levels

As of writing the cross is losing 0.42% at 0.7117 and a breach of 0.7105 (low Nov.2) would aim for 0.7067 (23.6% Fibo of 0.6935-0.7496) and finally 0.6934 (2015 low Jul.17). On the flip side, the next resistance lines up at 0.7215 (50% Fibo of 0.6935-0.7496) followed by 0.7238 (200-day sma) and then 0.7311 (55-day sma).

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Winners of 28th Round cTrader Weekly demo contest announced!

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The new round of the long running cTrader weekly demo contest is over, now we will announce the winnersโ€™ names. The best traders of the round are awarded with our $400 prize fund. While we congratulate five newly emerged winners, we welcome all the traders to register for the next round. Now letยดs meet the distinguished winners of Round 28 cTrader Weekly demo contest:

1st place with the award of $150 goes to Mr. Asel from Indonesia.
2nd place with the award of $100 goes to Mr. Raheel Ameer from Pakistan.
3rd place with the award of $75 goes to Mr. Wali Muhammad Bhatti from Pakistan.
4th place with the award of $50 goes to Mr. Crescencio Florento from Philippines.
5th place with the award of $25 goes to Mr. Karim Said from United Kingdom.

We would like to cheer up all the traders who participated but couldnโ€™t get to the top 5. We believe that you will improve yourself in the coming rounds. Register now, and explore all the advantages of cTrader Weekly demo contest. cTrader Weekly demo contest is devised specifically for upgrading your trading skills!

Explore new level of trading with OctaFX!

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EUR/USD ready to resume the downside?

FXStreet (Edinburgh) - After hitting multi-month peaks just above 1.1700 the figure following Chinese events, EUR/USD has been retreating since then and is currently about to close its second consecutive week in red figures.

Fedโ€™s lift-off in September?

Positive readings from the US labour market during August have teamed with previous auspicious results in the US economy, particularly the better-than-expected GDP revision for the second quarter.

All adds to increasing market expectations of the Fed resuming its normalization of the monetary policy this month after almost a decade, giving at the same time fresh oxygen to the greenback and opening the door to a resumption of the broader bearish prospect for the pair, that is, the divergence in monetary policy by the ECB and the Fed.

Hence, the possibility of the Fed hiking rates this month plus the return of the activity in the Chinese markets on Monday emerge as the main drivers for the global sentiment in the upcoming sessions.

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OctaFX is happy to announce the winners of
Round 44 OctaFX Champion demo contest!


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Round 44 of OctaFX Champion demo contest is over, and we are happy to announce the winners! The battle was fierce, so three lucky traders can be called the real champions. They share the $1000 prize fund. If you want to follow their example and test your trading abilities, register for the demo contest here. Try your luck and test your trading skills to get an amazing opportunity to win the next Round of OctaFX Champion demo contest. Now letโ€™s congratulate four champions of Round 44 who will be mentioned in the lists of OctaFX Hall of Fame:

โ— 1st place with the award of 500 USD goes to Mr. Alexey Melnikov from Kazakhstan
โ— 2nd place with the award of 300 USD goes to Mr. Supriadi SH from Indonesia
โ— 3rd place with the award of 100 USD goes to Mr. Alfi Hendri from Indonesia
โ— The last runner in the contest, Mr. Srini Vasa from India is granted 100 USD

This contest is created specifically for those traders, who want to test their trading skills on a demo platform and gain more trading experience. However, we welcome all participants: even the experienced traders are welcome to take part in OctaFX Champion demo contest. The prizes are real, which makes the contest even more challenging! We inspire the new traders with the success stories about our champions who share their strategies, tactics and useful tips. Stay tuned: we will publish the new success story soon for you to know more about the winners of Round 44 and their strategies! We want to thank all the traders who took part in Round 44. Registration for the new Round has already started, so donโ€™t miss your chance to try all the benefits of OctaFX Champion demo contest and win a valuable prize!

You can be the next OctaFX champion!

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OctaFX congratulates
Round 29 cTrader weekly demo contest
winners!

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We are delighted to let you know that the results of Round 29 cTrader weekly demo contest have already arrived and newly-awarded winners celebrate their victory! Round 29 participants who showed their best trading performance share $400 prize fund. While we congratulate five lucky winners, we encourage all traders to register for the next round and compete for the real prize!

We are glad to award prizes to the distinguished winners of Round 29 cTrader weekly demo contest:

โ— 1st place with the award of $150 goes to Mr. Dedi Monalianto Saputra from Indonesia
โ— 2nd place with the award of $100 goes to Mr. Imam Sugiono from Indonesia
โ— 3rd place with the award of $75 goes to Mr. Asel Asel from Indonesia
โ— 4th place with the award of $50 goes to Mr. Santhoshkumar Latchathipathi from India
โ— 5th place with the award of $25 goes to Ms. Lia Listiawati from Indonesia

We thank all traders for participating in our advanced cTrader Weekly demo contest, and we hope that you have enjoyed it. You still have a chance to make your trading even more entertaining and show your abilities by joining the next round of this outstanding contest that will start just in several days. Itโ€™s high time to discover cTrader advantages and win OctaFX prizes!

Explore new level of trading with OctaFX!

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Stay updated with OctaFX and the latest Forex news!

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GBP/USD deflates to 1.5130 on UK data

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FXStreet (Edinburgh) - The sterling is losing its shine during the European morning, now dragging GBP/USD to the 1.5140/30 area.

GBP/USD weaker on UK job figures

The pair has surrendered part of the initial strength after UKโ€™s Claimant Count Change has increased by 3.3K during October vs. 1.5K expected and 0.5K previous. Further data saw the unemployment rate ticking lower to 5.3% in September while Average Earnings have come in below expectations.

Ahead in the session, the pound will remain under pressure in light of the speech by Governor M.Carney, while the renewed dovish stance from the BoE at its meeting last week still lingers over the markets.

GBP/USD levels to watch

At the moment, the pair is advancing 0.17% at 1.5143 facing the next resistance at 1.5204 (38.2% of 1.5496-1.5023) followed by 1.5233 (7-month uptrend prev. support now resistance) and then 1.5314 (55-day sma). On the other hand, a break below 1.5023 (low Nov.6) would aim for 1.4948 (low Jan.23) and finally 1.4563 (2015 low Apr.13).

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Your funds will always be secure with

OctaFX!

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Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection:

Segregated Accounts

In accordance with international regulation standards, OctaFX uses separate accounts to keep protected customers' funds segregated from the company's balance sheets. This keeps your funds secure and untouched.

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SSL-protected Personal Area

We use highly secure technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties.

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Account verification

OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured.

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Secure withdrawal rules

Since a withdrawal from a live account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party.

3D secure Visa/Mastercard authorization

We apply 3D secure technology when processing credit and debit cards. This technology makes all Visa/Mastercard transactions transparent and safe.

Advanced protection

The OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely.

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Our Round 44

OctaFX Champions talk about their key to success!

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The winners of our Round 44 OctaFX Champion demo contest have already shared their stories of success with us! Itโ€™s always inspiring to get the view of the contest from the leaders themselves, so, we canโ€™t wait to offer you to enjoy the experience and impressions of our champions. Read, learn, show your best trading strategies and next success story might be about you! Let us remind you the names of the winners of round 44:6

1st place with the award of 500 USD goes to Mr. Alexey Melnikov from Kazakhstan
2nd place with the award of 300 USD goes to Mr. Supriadi SH from Indonesia
3rd place with the award of 100 USD goes to Mr. Alfi Hendri from Indonesia
The last runner in the contest, Mr. Srini Vasa from India is granted 100 USD

1st place โ€“ Mr. Alexey Melnikov from Kazakhstan

Thank you very much OctaFX, I'm very happy to win this contest. I tried my best, firstly, I was on the 3rd place, but then the other two participants were disqualified...so, never give up, I'm very happy now. I didnโ€™t spend too much time to succeed in this competition, only the last day was rather involving. I havenโ€™t decided yet about my participation in other OctaFX contests, probably, I will try. My recipe to success is be risky! I wasn't better than other traders, but I was risky, my last deal was perfect, big volume - big profit. Practically, these factors determined my victory! My main strategy was to predict reverses and follow a trend. To tell the truth, my biggest profit is winning in this competition, because I am only doing my first steps, Iโ€™m just learning. So, my win could become a great inspiration to newcomers!

2nd place โ€“ to Mr. Supriadi SH from Indonesia

I am very happy to stand second on the list of the OctaFX Champion demo contest. I have never thought that I would become a winner! Talking about my involvement in the contest I canโ€™t say that I spent too much time - only a few minutes and not even every day. Moreover, I think that the time has come and I will definitely participate in the other contests and promotions of OctaFX. Frankly, the key to my success is very simple - observe market movements and when the current market situation is good, enter the market! I used no particular strategy, my advice is just to learn and learn to trade Forex on a regular basis. I want to repeat that I am satisfied enough to be the second in this race, which I have never imagined! What I like most is that I have never experienced substantial losses. I believe, it might require more than a year to become a good trader.

3rd place โ€“ to Mr. Alfi Hendri from Indonesia

I was very thrilled during this round of the contest and I would like to thank OctaFX for providing us with such a competition! I devoted only some time to the contest, actually, I traded when I was not busy. I am very excited about the OctaFX promotions and I will continue to participate in any of them. My successful trading is based on three elements: patience, discipline and time management. I developed and followed my own plan and used the existing techniques. Honestly speaking, I made quite a big profit, my loss is small compared to my gain. I believe that it takes about 5 years to become a good trader. To my mind, if you want to gain success, improve yourself every day!

We would like to thank the traders for sharing their success stories, as well as all traders who have participated in the competition. We hope that these stories got you inspired! Join our next round registration for the contest to become a champion and find your story in our news! Next round is yet to come and open for all participants!

Be the Champion with OctaFX!

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