OctaFX Reviews

This has everything, good responsive support, great trials, lots of withdrawal options, the safety is there, its always in top-10 safest brokers lists. Some design choices I don't agree with, but the platform underneath, the back-end I mean, its great. I couldn't find anything there to significantly complain about.

I could name some brokers that are better than Octa for scalping specifically, and also some that have similar fees with crypto trading. But for overall, Octa by far takes the cake. I started just with a small depo, and it grew more and more, to the point that I leave most of it with Octa now. I like that I can trade whatever, and not feel pigeon-holed into some style that broker 'allowed' me to do. I traded cryptos here, and it was amazing this November - December. Before that, I've done forex and stocks, and those felt pretty good too.

The Octatrader, it needs to grow. It has amazing *features*, the artificial intelligence there looks very promising. But how it *looks* is not there yet. The lines are to small and narrow, also the zoom-in for some reason DOENS'T WORK ON THE LINES. So even if I zoom in, I still need to squint my eyes to see the narrow lines of the prices and my indicators, and where they overlap.
For this reason I barely use Octatrader, mostly trading on their MT5, but I would really love to use it more, fi the LINES WERE VISIBLE.
A shame they developed such great platform there, and didn't make it visually appealing enough.

It’s really cool and efficient for work… The customer support are my trading buddies, always ready to solve my issues and they operate in multiple languages

I like how it’s easy to operate and I don’t have to spend time cracking my brain on the screen. There are also no commissions here, how Nice!

I would recommend that there is more information on the platform website

Checked this out few years ago, was alright, but same as most mt brokers. Similar conditions, only thing was the account variety and the swap-free option was a big plus. But I came back end of last year, and so much has changed. The inside trader has become much more usable,, the features got added and quite complex (the program does charting for me, it shows the downtrend or the breakout levels sometimes, stuff like that). Meanwhile, spreads are actually lower than the industry average now.
Improvements all around.

The advancements in the web software they did during last year make me confident in the future of the project.
Spreads (e.g. fees) are lower than most, even if Octa is not focusing on them that much.
The features that do charting for me in the online trader window - I like a lot.
Safety is there, the regulations and insurance, stuff like that. Is a bonus.

The software, and company itself, is not as old as some of the competitors. Which can be a downside for some.
The design over all is good, but takes some getting used to, especially as the colors/lines can't be changed in the menus for anything except MT they offer.

Over more than a year of trading with them, surprisingly, I didn't get into any big issues or problems. I had slight non-understandings regarding the copy trading, but customer service explained detailedly.

I like that the broker has been experimenting and adding new features into their services. They added AI charting and octa vision, for instance, which was a big boom for me personally, because I liked using them. So that is great, i hope they will come up with something new again, who knows.

There is nothing i hate about this brokerage. I’m still with them, and i’m fully satisfied.

Overall Octa has been a reliable broker so far. From regulatory to platform wise stand points, it is solid and user-centric.

The availabiltiy of charing tools that make trading easier.
I believe that technical analyssi is a foundation for all traders to grasp, as if not learned properly it can be hard to navigate this rather complex trading world.still technical analysis is like a barometer when gauging the situation.

Moreover, to aid charting octa's platform has features I appreciate:
-Built-in AI helper
-Live trading ideas
-Trailing stops

Smth that MT4 and MT5 dont have

I would love to see addition of more assets to trade to the platform

Design of the web version can use some work, but functionality is undeniable to me. Far more than what I could've have expected for free version.

Absolutely crazy good ai, and it takes 2 forms here. One is suggesting (essentially a mentor), and 2nd one is actively showing patterns on charts. Far more advanced that I could get anywhere, and I looked. Its all for free too, completely free of charge, works for me on demo account even.

Ai that I use works only in the web version of their trading, and it isnt the most pleasing for the eyes. The desktop version, I can only copy my findings to, from the web.

I started trading here about 2 years ago, and if I needed to make a decision now about choosing a trading platform, I would still choose octa. I know there are plenty of positive Octa reviews and here is another one. The platform truly deserves praise because they kept a pace with the latest trends and introduced ai tools that can really be useful in trading

The OctaTrader app itself. I like how convenient it is, great ux, but the most useful features are the AI tools integrated

Nothing that matters and can affect your decision when choosing a broker

Overall Octa brand gives me the confidence to focus on trades instead of worrying about technical glitches or delays, and I use it whenever I trade monthly.

I like how the Octa software keeps everything clear, the charts load fast and orders execute well without delays

Sometimes the login refreshes too often and I have to re-enter my credentials

Overall, I haven’t yet gathered much information about the broker.
It looks good, with some cool benefits in costs, like swap free and no commissions. More than good-looking appearance, I like paying less🤭

I don’t follow wise thoughts of not judging the book by its cover. Doing the opposite😁 Most of all, I liked Octa, because of its convenient and pleasant eye interface.

I haven’t yet created a real account, but used MT5 before, knowing how hard it is to get used to this platform. Glad that they have their own custom platform.

Octatrader is lit!
I have tried using the MetaTrader apps before, but this time, I decided to give it a try to OctaTrader. I was surprised at how easy it was to learn and use. The design is much better and beginners would learn it much faster compared to other popular trading apps.

Its custom app is intuitive, easy to learn and start trading.
The trading conditions seem fine, the spreads are tight.

Educational resources could be more comprehensive, all basic concept are covered but it lacks some depth

My Octa review is positive. Weekly use has been stable. Works fine for essential trades without issues.

One major advantage of this platform are; User interface is sleek and uncluttered, very stable and loads quickly.

Limited advanced tools for analytics could improve.

My time trading here is mostly good, but I think they need to add much more assets to trade... make it 1000

They have great chars and AI tool to help with trading
Also education here is good, webinars are useful

Nearly not enough assets to trade, and not much winning price for competitions

I’ve used it for a while and find it okay, the software design is really nice, pleasant and easy to familiarizing with. I'd easily recommend this as a reliable and safe platform.

Nice and Easy-to-use interface, My trades have also been solid with fast execution speed, and the range of assets is really nice.

Withdrawals can be slow and a bit of a hassle and makes the platform frustrating

As I put it somewhere above, this is a broker for real trading. You don’t see bad surprises regarding price or the platform’s technical availability.
I recommend octa as a broker with minimum friction and good set of trading options.

I like accurate quoting and think that Octa’s platform can be a great reference for quotes on most traded currency pairs. If you are only starting like I did some time ago, chances are you will find the forex basics trading course very fulfilling. You won’t happen to become a trading wizard after going through it :) but you’ll become fully aware of how to trade.

The starting deposit could be under 50 usd/50 eur. I think that many other brokers have zero minimum deposit or it is about 10-15 usd.

Frankly speaking, after making lots of profit with the AI chart feature, I trust Octa broker 200% and I think we will have great cooperation for years.

Let me tell you something about the Octa broker and their AI chart feature. Recently they added the AI tool into the platform and you can’t even fathom how much noise there has been in the trading community. This tool can spot various technical patterns and you don’t need to waste time on manual technical analysis.

Not gonna lie, it took some time to understand how exactly it works, they should have published a guide instruction on how to use it in practice.

Made a right call to choose OctaTrader instead of MT5 that I wanted to try at a time. I still remember tho how easy it was to set up, and it took me like under 10 minutes to answer the questions ,and I though it's just for the info, but then space appeared on right and I started getting insights about all the currencies I choose and styles that are interesting for me as well, like support and resistance

Features are the biggest advantage of Octa, like AI that helps you detect patterns and octa vision that analyzes your whole history or a single trade to give you proper recommendations to improve.

One big disadvantage is that leverage on some assets is limited, it's only okay for forex, but on stocks and crypto, not much.

More than 2 years have been spent trading with this broker, and during this period I've been always pleased.
I would like to leave my octa trading app review in particular. I chose it because to me it was very user-friendly, the app is not so memory consuming. it has amazing built in tool, AI pattern recognition. Basically what it does it does detect patterns. When I trade I of course analyze charts myself to detect patterns, but quite often the AI tool does it better than me. For example a month ago on a intraday chart it showed me support and resistance levels on eur/usd, and trading a bounce from the support made me bucks, ngl. Imho, it is a tool that deserves attention most definitely.

There are a number of things I like here, if to go one by one then:
-different platforms to choose, the one I like the most is OctaTrader
-sufficient number of trading instruments
-fast feedback from customer support
-attractive conditions in terms of swaps and spreads

No big issues that would bother me here, but I think adding more stocks would be nice.

Once I registered account, the process btw was easy and hassle free, I opted for their app as I wanted to explore it. I tested the AI tool on some assets, mainly FX pairs and some stocks - results were good. Combined with my own pattern recognition and this AI - i have more confidence in support and resistance lines.

When I first discovered the broker I paid attention to the numbers related to the trust:
-lots of accounts have been opened that trade with the broker, in millions terms
-different International awards...
This meant that the company has been legit and doing business for some time. It earned my trust as well.
Another thing is apart from having the main MetaTrader platforms , they have their own proprietary trading platform, and possible to trade from web and mobile app...
But the real game changer was the introduction of AI into the app - the tool that is capable of automatically detecting patterns.

I cant say major things deserver improvement here, however, the CS needs maybe a different approach overall. I mean the support chat on the website might be glitchy, but sometimes I might blame my internet connection, internet providers nowadays are messy.

It has been designed in a way that is easy to use, the free trial is also a great learning experience and I'd recommend to anyone.

Thsi platform provides Improved charting tools, Multiple trading assets and account types based on your trading preferences

The cost of trading here is quite steep might be a discouragement for new or beginners

Despite this mini nitpick, trading with Octa could be considered a solid experience. It cost me nothing for open forex positions on the familiar MT5 platform. At any rate, they had a variety in almost everything.

Major benefit trading with octa was their cost of trading. Those mere spreads, hopefully I traded only majors and of course swap-free accounts by default. There was some room for flexible trading.

Lack of some payment methods. I like crypto and e-wallets but traditional methods would be nice too. No bank wire in my country.