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EUR/GBP keeps falling, around 0.7120

 


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, UK’s Construction PMI has come in at 58.8 for the month of October, matching estimates and a tad lower than September’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 winners’ 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 let´s 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 couldn’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.

Fed’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 let’s congratulate four champions of Round 44 who will be mentioned in the lists of OctaFX Hall of Fame:

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

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 don’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:

1st place with the award of $150 goes to Mr. Dedi Monalianto Saputra from Indonesia
2nd place with the award of $100 goes to Mr. Imam Sugiono from Indonesia
3rd place with the award of $75 goes to Mr. Asel Asel from Indonesia
4th place with the award of $50 goes to Mr. Santhoshkumar Latchathipathi from India
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. It’s high time to discover cTrader advantages and win OctaFX prizes!

Explore new level of trading with OctaFX!

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GBP/USD deflates to 1.5130 on UK data

 

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 UK’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!

 



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! It’s always inspiring to get the view of the contest from the leaders themselves, so, we can’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 – 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 didn’t spend too much time to succeed in this competition, only the last day was rather involving. I haven’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, I’m just learning. So, my win could become a great inspiration to newcomers!

2nd place – 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 can’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 – 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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You can now trade at OctaFX using
Metatrader 4 web-platform!


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OctaFX presents to you MT4 web-platform that allows you to trade from any browser on any operating system with a well-known interface of a desktop Metatrader 4 platform. All major tools are available including one click trading and chart trading.

Trading becomes more accessible every day and OctaFX MT4 web-terminal adds a token to that progress. Metatrader 4 web-platform is easy to use you dont have to download and install the software to enjoy the most widespread software used for trading.

What features are available in the web version on the MT4?
  • One click trading
  • Chart trading
  • History of trading operations
  • Graphical objects
  • Full set of trading orders: close by, multiple close by, stop loss/take profit
  • 9 timeframes
  • Technical analysis tools: Fibonacci Retracement, Equidistant channel
  • Full screen option
  • All three types of charts: line, bar and candlestick. Charts are also customisable.
  • Several major languages support including English, Indonesian, Malay, Portuguese, Chinese and Spanish.
  • Interface mirrors a desktop version of the Metatrader 4
Moreover, you can trade in any browser on any operating system (Windows, Mac, Linux) which means users of Mac and Linux systems do not have to look for alternative solutions any longer!

Click here to access our trading terminal and dont forget to bookmark this page!

Contact our award-winning customer support in case you have any questions, we are always ready to help!
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Trading season is on!
OctaFX announces new demo contest!


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OctaFX Southampton Supreme Game demo contest is here!
We’ve developed a new trading demo contest dedicated to our partnership with Southampton FC!
It lasts for 90 minutes and brings you unlimited prize fund! Exciting? See for yourself:

Upon registering you’ll receive a notification with your account credentials, and 10 minutes before the game you’ll be assigned to one of two teams: Southampton FC or OctaFX United.

Trade to double your equity and score goals for your team! Best three players of each team are rewarded with a prize fund and each goal-scorer gets additional $10:

Place Winning team Losing team
1 $150 $75
2 $100 $50
3 $50 $25

However, that’s only a set-up: for this contest we offer you a life feed of what’s happening on the field and you can show this streaming to everyone! Our contest platform will allow you to track the progress of the match, see how your team is doing and many more! See how it works here. Every match takes place each Monday at 14:00 Server time, so don’t miss your chance to play like a pro!

See you at OctaFX Stadium!

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GBP/USD remains vulnerable – Commerzbank


FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair remains vulnerable after being rejected from the 1.5340 area.

Key Quotes

“GBP/USD’s burst higher has been thwarted by the 200 day ma at 1.5341and is back under pressure. We look for the correction higher to have terminated at 1.5337. Resistance above here intensifies we have the 1.5397 resistance line then the 1.5515 October high”.

“Below 1.5107 (October low) is needed to refocus attention on the downside towards 1.5020/00 and below 1.5000 will target initially the 1.4860/78.6% retracement of the move up from April. This is regarded as the last defence for the 1.4568 April low”.

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US Thanksgiving Trading Schedule 2015

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OctaFX would like to inform you about the changes in trading hours of XAU/USD and XAG/USD during US Thanksgiving holiday period: November 26th and November 27th. Trading closes Thursday, November 26th, 2015 at 20:00 (EET, Server time). The next day Friday, November, 27, trading closes at 20:45 EET (Server time). Please, consider the following schedule while planning your trading.

For your convenience, we provide you with this timetable:

Instrument Thursday, November 26, 2015 Friday, November 27, 2015
XAU/USD Closes 20:00 EET Closes 20:45 EET
XAG/USD Closes 20:00 EET Closes 20:45 EET

We would like to remind you that according to the standard OctaFX operating hours trading on XAU/USD and XAG/USD opens at 01:00 EET.

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 introduces local bank deposits option in Malaysia!

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OctaFX is glad to announce the launch of another convenient deposit option for our clients. We are ready to announce that Malaysian customers can now use local banks for making deposits! From now on you can easily deposit and withdraw funds from your account via local banks in Malaysia, namely Maybank and CIMB Bank.

Follow these steps and enjoy the advantages of local deposits option:

  • Open a real OctaFX account and log in to your Personal area
  • Make a transfer to OctaFX bank account
  • Create a deposit request in your Personal Area
  • Wait until the request is proceeded
  • Done, your account is credited!

We are glad to make deposit and withdrawal process easier for our clients from Malaysia! All the payments have the conversion rate provided by the Central Bank of Malaysia, we do not charge any additional fees while the minimum deposit amount is only 5$!

Contact us in case you have any questions!

OctaFX wishes you good luck and profitable trading!

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Local banks deposits are now available
for our Pakistani clients


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OctaFX is excited to announce a deposit option that was highly requested by our Pakistani customers. We’ve recently launched Pakistani local bank deposits, and you are free to deposit and withdraw your funds easily using the following banks:
  • Soneri Bank (SBL);
  • Standard Chartered Bank (SBC);
  • United Bank Limited (UBL).
Here is a detailed instruction how to deposit your account:
  • Open a real OctaFX account.
  • Log in to your personal area.
  • Choose Pakistani banks in the “Deposit my account” section.
  • Choose “Wire the funds” and find OctaFX bank details.
  • Make a transfer to OctaFX bank account.
  • Press the “Notice after transfer” button.
  • Create the “Notice” and specify the amount of the deposit, your payment method, time of payment and your bank name.
  • Press the blue “Request” button.
  • Wait until the request is processed.
  • Done, your account is credited!
We offer the best exchange rates provided by the State Bank of Pakistan. We would like to remind you that we charge no commissions! The minimum deposit amount is only 5 USD.

Contact us in case you have any queries.

Thank you for trading with OctaFX!
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Meet newly announced Round 30 cTrader weekly demo contest winners!


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One more round of cTrader weekly demo contest is over, and we are happy to greet our 5 lucky winners! These traders know perfectly well how to operate on cTrader platform, so, they managed to break away by showing their diverse trading skills. If you want to become one of OctaFX winners, simply register for a new round and try your best - we are always glad to see new participants!

Our Round 30 winners have been awarded with the regular prizes of cTrader weekly demo contest:

1st place with the award of $150 goes to Mr. Abdul Qodir from Indonesia
2nd place with the award of $100 goes to Mr. Imam Mustaqim from Indonesia
3rd place with the award of $75 goes to Mr. Roman Volokhov from Ukraine
4th place with the award of $50 goes to Mr. Imam Sugiono from Indonesia
5th place with the award of $25 goes to Mr. Saiful Islam from Bangladesh

We thank all traders for participating in our cTrader Weekly demo contest, and we hope that you have enjoyed it. We would like to cheer up all traders who have participated in the contest and don’t see themselves among winners. You have a great opportunity to show your abilities in our next round. Register now, and explore all advantages of cTrader Weekly demo contest. We cannot wait to reward our new champions. Good luck to the next round participants!

Explore cTrader platform with OctaFX on demo accounts and be prepared for a real trading!

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OctaFX Supercharged Round 14 winner
shares his secrets of success


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OctaFX Supercharged real contest is an exciting challenge for traders all around the world who fight to get the ultimate prize - Tesla Model S! This month, our finalist is Mr. Sohail Abbasi from Pakistan. He demonstrated his outstanding trading abilities and became the Round 14 winner. He was happy to share his success story, and here it is:

Q: How do you feel about winning this month’s Supercharged round?

A: I feel amazing! You can’t even imagine how happy I was when I learned that I was the winner.

Q: Why did you decide to participate in the Contest? Do you think you can win the top prize, Tesla Model S?

A: To tell the truth, when I saw the prizes that are so big and valuable, I thought: wow, I have to try! I must win the contest for my family and for my country! The ultimate prize is so appealing that my only option is to do my best and finally win it.

Q: Are you an involved Forex trader?

A: Well, I do work hard. As a matter of fact, I work 18 hours a day, designing the best strategy and the most suitable plan that can help me to win. When I have a few tried and tested ideas, I pick the best one and implement it.

Q: So is Forex your full-time job?

A: Yes. I’ve been trading for the past 6 years. I did my MBA and then I realized that I don’t want a usual office job, so I focused on Forex trading.

Q: What would you recommend for those who are only planning to take part in the contest?

A: Select your goal and focus on it. Search for the possible ways to achieve it and then try a few plans. Work hard to finally get what you want. This is actually my piece of advice: your success is your hard work, hard work again and even more hard work. But at the end of the day, when you find yourself a winner, it’s all worth it.

The final round is just around the corner, so don’t lose your chance to get Tesla Model S! Register in our Supercharged contest now and fight to win!

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How to win a round of OctaFX Champion Demo Contest: success stories

 


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Round 45 of OctaFX Champion demo contest is over, and our participants are ready to share their trading experience and key to success. Here are the lucky traders who won prizes in Round 45:

  • 1st place with the award of 500 USD goes to Mr. Md Toiab Ali from Bangladesh
  • 2nd place with the award of 300 USD goes to Mr. Suparmin from Indonesia
  • 3rd place with the award of 100 USD goes to Mr. Rahardyan Widodo from Indonesia
  • The last runner in the contest, Mr. Manat Phusrisalap from Thailand is granted 100 USD

Here’s what our winners have told us:

1st place – Mr. Md Toiab Ali from Bangladesh
I’m so happy to be the Champion this time! My friend told me there was an exciting opportunity to test my trading skills and introduced OctaFX broker to me. Right away, I thought that it was a great idea. Now, when I won the round of one of the demo contests, I would love to take part in the Supercharged real сontest. I think I can win there as well. I have a secret that I can share with all the traders who want to become successful: forget about greed, but be confident. My self-confidence was so strong that I traded better than the others and therefore I was able to grab the first prize. I can’t say that my gain was spectacular, but I didn’t encounter considerable losses either. That’s all because I wasn’t greedy.

2nd place – Mr. Suparmin from Indonesia
I’m really excited to be the champion: I’ve tried several times and finally I won! I’m rather involved in trading and I spend a lot of time on it. I need a few hours to focus and I wait patiently for the right moment to enter the trade. This contest was very useful for me and helped to improve my trading skills. The prize was also very attractive, so I plan to participate in a few more contests in the future. As for the success factors, my secret is patience. To win, you have to stay focused and observe the market movements, sticking to your strategy. The luck factor is also significant, but patience is the first key. I’m sure a lot of contestants are much better than me, but many traders are impatient and they use bigger lots, so it leads to failure. Apart from being able to wait and watch, I follow the market sentiment and trends. I read the news, the forums, Twitter, Facebook, etc. To open a trade, I use the indicators in Metatrader 4 such as EMA, stochastics or BB. My plan is not perfect, but it has always helped me to trade. And yes, I think that you have to practice trading for years to become a good trader. To be honest, I’ve never had any remarkable gains, but for me, the best profit is the consistent profit, so I can consider myself a successful trader.

3rd place – Mr. Rahardyan Widodo from Indonesia
I’m surely happy that I’m one of the winners. I’m a really active trader and I would be glad to participate in OctaFX contests later on - they help me educate myself and provide a few useful trading skills. I took part in this round of Champion contest because I was sure I’d be patient enough to win. I also think that one of the important success factors is being able to learn from the experts. In addition, my strategy includes waiting for the right moment and analysing the trends in a proper way. With the help of these ideas, I’ve never experienced any huge losses. I’ve been trading for some time now and I firmly believe that the right way to do things is to learn for as long as you can. A year or even more is a minimum amount of time to become a good trader.

The last runner – Mr. Manat Phusrisalap from Thailand
I would really like to improve my performance next time and defeat the other contestants. That’s my goal now, and I’m really sure I can do it. I’m even more motivated now than I was in the beginning of the contest. Trading takes a lot of my time, so why not? I use scalping as my most preferred trading tool so I think I’m going to use it next time to be the winner.

Register in the new round of OctaFX Champion to find your name in the news!

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Stay updated with OctaFX and the latest financial news!



US retail sales and UK construction output data in focus today – Lloyds Bank

FXStreet (Delhi) – Nikesh Sawjani, Financial Economist at Lloyds Bank, lists down the key economic releases for the day.

Key Quotes

“Today’s US retail sales report represents the penultimate key economic data release that could impact on market expectations for next week’s FOMC meeting. Yet, in the absence of a wildly weak report, it is unlikely that the data, at this stage, can meaningfully change current expectations of a hike in the Fed Funds target rate. Instead, the report is expected to reinforce the positive mood about domestic demand with headline sales expected to strengthen to 0.4% m/m in November from 0.1% in October, underpinned by strong vehicle sales over the month.”

“Ahead of this, UK construction output for October provides the domestic focus. Despite ongoing signs of strength in survey-based indicators of construction output, activity in Q3 contracted by 2.2%. More timely evidence, including the construction PMI and BoE Agents’ scores, suggest the activity outlook for the sector is broadly positive. Notwithstanding the volatility in monthly estimates, we expect a modest 0.5% gain in October activity.”

“Elsewhere, in the euro area the focus will be on the next TLTRO. The last operation attracted a very low take up of just €15.5bn and with liquidity surpluses elevated and low prevailing market rates, a similarly benign take up is expected.”

“In terms of key speakers, BoE’s Martin Weale is scheduled to speak on pension reforms at the NIESR conference.”

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Congratulations to the winners of Round 32
cTrader weekly demo contest!

 

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Round 32 of cTrader weekly demo contest is over, and it’s high time to announce the winners. The prize fund of $400 is divided between five lucky traders who were experienced and skilled enough to be the first in this race. Register for the next round for the chance to take up the lead of these lucky winners:

  • 1st place with the award of $150 goes to Mr. Alienforce16 from Kenya.
  • 2nd place with the award of $100 goes to Mr. Dia Romdiana, S. Kep. Ners from Indonesia.
  • 3rd place with the award of $75 goes to Mr. Amrizal from Indonesia.
  • 4th place with the award of $50 goes to Mr. Olexandr Korobkin from Ukraine.
  • 5th place with the award of $25 goes to Mr. Rudi Harianto from Indonesia.

We want to thank all the participants of the Round 32 of cTrader weekly demo contest. If you haven’t won any prize yet, you’ll definitely have a chance to do it in the next round! Register now and test your skills in the upcoming Round 33 that will start in a few days! Discover the advantages of OctaFX and trade to win!

сTrader weekly contest – brought to you by OctaFX!

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OctaFX.com is now available in three more languages!

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We are excited to announce that www.octafx.com is now available in three more languages: Bengali, German and Hindi. Click the language selection menu in the top right corner of our website to change the language.

We are glad to expand our horizons for our customers from all over the world and we are happy to provide the top-notch broker service in as many languages as possible! Our website is already available in English, Indonesian, Chinese, Malay, Portuguese, Spanish and Thai. Adding Bengali, German and Hindi to the list, we offer access to the information in ten languages!

We are constantly upgrading our services and adding new features, so if you haven’t yet found your native language on the list, please stay tuned!

If you have any questions, do not hesitate to contact us or email our customer support at [email protected].

Thank you for trading with OctaFX!

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Christmas and New Year Holiday Period Trading schedule
and Customer Support operating hours



OctaFX would like to inform you about the changes in trading hours for all instruments during Christmas and New Year holiday season. Also we are keen to provide you with Customer Support department operating hours. Please, consider the following schedule while planning your trading.

For your convenience, we provide you with this timetable:

Trading schedule

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Customer Support operating hours


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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]

Happy holidays from OctaFX!

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OctaFX is recognised as Best STP Broker 2015 by World News Media!


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The year 2015 comes to an end and there is quite something to celebrate at OctaFX!

European CEO magazine published by World News Media awarded OctaFX with a title of Best STP Broker 2015.
We are immensely happy to receive such a high evaluation of our services! We also would like to thank our clients for the trust and loyalty they demonstrate trading with us! We perceive this as a responsibility that OctaFX is happy to bear. Being Best STP Broker 2015 makes us try harder in 2016 to deliver excellent level of services to our clients.

European CEO magazine claims OctaFX to be “celebrated for its technological prowess, and also known for its outstanding knowledge of the forex industry, and its ability to cater complex clients needs”. We are glad to answer industry’s highest standards.

More about European CEO and World News Media: World News Media is a leading publisher of quality financial and business magazines, including European CEO. By recognising what it is that differentiates the best from the rest, the European CEO Awards offer an insight into where the European climate for business is headed. The European CEO Awards look at the most innovative names. Taking into account strategy, sustainability, profitability and a range of other factors, this year's European CEO Awards consist of only the brightest lights in business.

Read about the European CEO awards 2015 here. Pick up the latest virtual edition issue of the magazine here to read more about OctaFX role in the industry.

Trade with OctaFX - Best STP Broker 2015!

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Vote for OctaFX in FX Empire awards 2015!

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We are proud to announce that OctaFX has been nominated for the Most Innovative Broker and the Best International Broker titles in Forex Broker Awards 2015 by FX Empire!

We are happy to represent these categories and to be recognised by FX Empire, a flagship website of FX Empire Network which provides traders with the most expert and most timely technical analyses, fundamental analyses to facilitate traders decision-making!

We appreciate FX Empire experts evaluation of our innovative approach and recognition of our global presence, and we ask you, our clients to back us up in these nominations!

Show your support of our service by voting here!

This is the third year in a row when we are recognized by FX Empire: in 2014 we were awarded the Most Reliable Broker title and in 2013 OctaFX was given the Best Customer Service Broker award. We hope that your support will help us win in 2015’s FX Empire competition too!

Voting for OctaFX is really easy and 10 voters will win a 3-months free subscription to FX Empire premium Signals service!

Make a difference and vote for your Most Innovative Broker and Best International broker here!

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Round 15 Supercharged real contest winner: focus on trading!

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OctaFX welcomes one more round winner of our Supercharged real contest! This contest is an exciting opportunity for both the beginners and the advanced traders. Mr. Wagirifrom Indonesia was skilful and lucky enough to leave other participants behind. He was glad to share his strategy and trading tips that helped him to win:

Q: How do you feel about OctaFX Supercharged real contest?
A: I was very happy to be a part of the Supercharged real contest by OctaFX. I felt quite stressed when my points had a little difference at the end of the contest, but that's the art, the contest makes us more excited.

Q: How involved in the contest were you – was it taking all of your time?
A: No, I would just do an analysis, open a position and then put a Take Profit. Then I would leave to check it in a few hours later and so on. So, I didn’t spend too much time in front of the chart.

Q: What is the key factor to your success? Why are you better than everyone else?
A: The key to my success is simple. I make a plan about my trade and I follow it. Of course, any plan may fail, but when something goes wrong, I look for the most appropriate solution to the problem and apply it as soon as I can.

Q: What was your strategy? Have you developed a perfect plan?
A: I use a strategy that most people use. I just focus on one technique and always learn from my mistakes. Then I stick to this experience until it becomes a part of my instinct. In trading, the most important factors are instincts and timing. I’ve been trading for almost 3 years, and I’m sure: to be a good trader, you always have to learn from your mistakes and to try to fix them, even though you may experience the same failure up to hundreds or even thousands of times.

Q: Have you encountered a considerable loss?
A: Yes, I had substantial losses. However, I consider everything a lesson and motivation to survive and restore the profits in the future.

Q: Do you plan to win Tesla?
A: Yes! I will strive to win Tesla which is a very attractive prize.

Q: What advice can you give to your fellow participants of OctaFX Supercharged real contest?
A: My advice is to keep struggling to achieve what you want and not be too focused on your position: instead, focus on your trading. Then the victory will come to you.

If you haven’t participated in the Supercharged real contest yet, it’s high time for you to take the chance!
Register in the next round now and trade to win!

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Merry Christmas and Happy New Year from OctaFX!


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Dear clients and partners!

OctaFX team would like to wish you a Merry Christmas and Happy New Year! Traditionally, we are inviting you to take a quick look at our 2015! Its been a great year and we are grateful that you shared our every achievement with us!

OctaFX Year 2015 Highlights are:

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Our clients enjoyed to benefit a total of over $700000
in OctaFX amazing promotions.

Moreover:

Awards and nominations received in 2015:
  • Best STP Broker by FX Report Magazine
  • BEST STP BROKER by European CEO bMagazine
The vote in 8 nominations continues here:You can find Christmas and New Year Holiday Period Trading schedule and Customer Support operating hours here.

We wish you a Merry Profit and Happy New Trades!

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  • Dennis#MD changed the title to Octafx - www.octafx.com

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