Octa fx pin code
As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992.
Free forex bonuses
Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd. Trading platforms are designed to enhance your trading experience. Access your trading account via mobile and desktop platforms.
Trade with a regulated broker that adheres to placing clients' asset protection at the forefront.
Octa markets cyprus ltd offers spot forex and contracts for differences (cfds) on assets including equity indices, spot metals and commodities. Octa markets cyprus ltd offers easy-to-use platforms such as metatrader 5 and ctrader.
Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec) with license №372/18. Octa markets cyprus ltd complies with european securities and market authority's (ESMA) regulatory standards as well as with market in financial instruments directive (mifid II)
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Trading platforms are designed to enhance your trading experience. Access your trading account via mobile and desktop platforms.
Metatrader 5 and ctrader trading platforms are carefully designed to meet your trading needs.
Mobile and desktop trading on demo accounts
Trade markets with unlimited virtual funds. Test our trading platforms and your trading strategies with no risk involved by opening a demo account.
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Octa markets cyprus ltd notice
As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.
As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.
The website is the property of octa markets cyprus ltd.
Octafx: login, minimum deposit, withdrawal time?
RECOMMENDED FOREX BROKERS
Octatfx has a highly informative and accessible website that aims to promote their services in layman terms. And it achieves that, yet can it can it practice what it preaches?
The broker website is operated by the following companies:
Octa markets cyprus ltd is tightly regulated by the cyprus securities and exchange commission (cysec), carrying all necessary investigations in order to ensure fraud-free market operations. As regulated by cysec, OCTAFX is part of the ICF allowing for a compensation of up to €20 000 to be attributed to clients, if the broker fails or becomes insolvent.
Octa markets incorporated is regulated by the FSA SVG in st. Vincent and the grenadines. This body’s main duties are to ensure that financial institutions are well supervised and that all threats are acted upon with the appropriate force of action. Unlike cysec, this license issuer has no reimbursement scheme to speak of. Another significant drawback is that there is no regulation dedicated to foreign exchange (forex) trading and cryptocurrency, nor are there licenses issued for these two assets:
Spreads depend on the account the client has chosen. So for the MICRO account the EUR/USD spread is 1.1 pips, for the PRO it’s 0.8-1.1 pips, and for the ECN account it’s typically 0.7-0.8 pips. We would like to remind readers that in the UK and EU the current imposed maximum spread limit is 1:30. For those outside the jurisdiction of ESMA the spread reaches 1:500.
Currently, octatfx offers the following assets to trade with: forex pairs, cryptocurrencies, commodities, stocks. In the bustling, competitive world of forex today, this number of assets is considered low.
The broker is available in the following languages: english, spanish, arabic, indonesian, thai, vietnamese, chinese, german, malay, bengali, portuguese and hindi.
OCTAFX LOGIN
Octatfx offers three platform for trade: MT4, MT5 and ctrader. What’s interesting is that each platform acts also as a separate account.
METATRADER 4
Here we are again with this renowned platform, and for a reason! MT4 stands tall against other trading terminals. Consider using expert advisors to set your automated trading while you do other business, or take full advantage of what MT4 has to offer: multiple chart management, trading directly from the chart, customized trading indicators, huge selection of trading options and much more.
The MT4 acts as the MICRO account type. So, the spread for EUR/USD 1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches 1:500 for those outside these zones.
There are no commissions attached to this account.
MT4 is available on smartphones (iphone, android), on any browser and as a standalone desktop version.
METATRADER 5
MT5 strives to replace MT4 but fails to do so, not because it’s inferior but because most brokers nowadays use MT4 as the default terminal. Nevertheless, MT5 comes with new and handy features that traders will surely find useful. There are auto trading bots, plus VPS (same as MT4).
The MT5 acts as the PRO account type. So, the spread for EUR/USD 0.8-1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.
The are no commissions attached to this account.
MT5 is available on smartphones, on any browser and as a standalone desktop version.
The functional ctrader has been included by octafx. This platform handles with ease and possesses a much better visual style than both MT4/5. The interface is highly customizable, giving end users a much needed aesthetic touch of their own. One of the main features of ctrader is the ability for traders to access provider’s liquidity making room for better pricing and lower spreads. There is also automated trading, and great back testing facilities.
Ctrader acts as the ECN account type. So, the spread for EUR/USD 0.7-0.8 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.
Ctrader has a commission structure attached to it. For one standard lot a round turnof $6 will be feed. So this changes the EUR/USD spread from 0.7-0.8 pips to 1.3-1.4 pips.
Ctrader is available: for download as a standalone software for desktop, to mobile users, and can be accessed via a browser.
COPYTRADING
The broker offers for the opportunity to copy expert traders, automatically, without spending time on building a strategy or being constantly glued to a screen. This is a superb opportunity for those who do not have the time, or have little of it, to dedicate to online trading. To start, just browse through the many expert traders, set your preferences, invest and voila! Note that, even if the trader dealing for you gets a bonus if your investment turns to profit, this system does not guarantee 100% wins all of the time.
OCTAFX MINIMUM DEPOSIT
The minimum deposit is $50, immediately making room for smaller or casual traders. Typically, a higher minimum deposit limit has the ability to intimidate many novice traders.
The methods for depositing are: neteller, skrill and bitcoin. In this day and age of online currency and cfds trading these options are significantly low than bar. When considering the instruments in circulation by admiral markets and, especially, FX choice, the assortment that this here broker has seems laughable in comparison.
The base currencies are limited to only EUR and USD. The same comment as above can be applied here. A global broker should include more base currencies.
All methods of funding are instant. Here, however, octafx shines, as it falls in the niche of swift deposit methods, a niche that grows ever so tighter.
There are no fees attached. Fees commissioned by thirds parties will be covered by octafx.
OCTAFX WITHDRAWAL TIME AND FEES
Cysec regulation reassures that no harm will come to clients withdrawals.
The withdrawal methods are: neteller, skrill and bitcoin. Again, significantly fewer withdrawal methods that your standard broker.
Withdrawals are instant. This is a rare sight to see in an industry of long process times, and unexpected delays.
There are no fees attached to withdrawal. Fees commissioned by thirds parties will be covered by octafx. This makes us even more agitated at the fact that octafx has not included more payment options.
The minimum withdrawal amount is $5.
BONUSES AND PROMOTIONS
Bonuses are solely offered by octatfx’s offshore entity, due to cysec banning them in europe.
There is a 50% bonus with every deposit.
The most active and successful traders will have the opportunity to win smartphones/smartwatches, as well as a 3 luxury cars at the end of the year.
There is the opportunity to win $500 while trading with your DEMO account.
Trade suing a ctrader DEMO account, and finish with the highest profit at the end of the week to get $150.
BOTTOM LINE
First and foremost, octafx is regulated by one of the best institutes for the job in the world (cysec), as well as one of the shadier ones where many suspicious brokers get their licenses from- FSA SVG, making things rather ambiguous.
Second, there is a very limited number of payment methods, which in this day and age of online trading is unsatisfactory. However, there are no fees attached to said methods, and to top that the broker offers great and detailed trading platforms.
How to trade forex
Currency pairs and rates
All currencies in forex trading are quoted in pairs, one against another. Their names are given as a three letter abbreviation known as ISO code, where the first two letters represent the country and the third one is the name of the currency.
Depending on how commonly they are traded, currencies can be divided into three categories:
- The most traded ones are usually referred as to majors and include the US dollar, the euro, the great britain pound, the japanese yen, the canadian dollar, the swiss franc, the australian dollar and the new zealand dollar. Major pairs involve the US dollar and another currency from the list above, for example: EURUSD, USDJPY, USDCHF
- Cross pairs comprise of two major currencies neither of which is the USD dollar, for example: EURGBP, EURCHF, EURJPY, GBPCAD, GBPAUD and CHFJPY.
- Exotic pairs consist of a major currency and another less traded one, for instance EURTRY, USDSEK, USDDKK, USDHDK, USDSDG. Exotics tend to be less liquid and to have less tight spreads.
Currency rate always represents the value of the base (first) currency expressed in the quote (second) currency. In forex there are two prices given - bid and ask- the former shows how much of the quote currency is required to sell 1 unit of the base currency and the later represents how much will be required to buy it. Ask price is higher than bid. The difference between two prices is referred as to spread, which is usually measured in pips or points.
Previously, when only 4 digit precision was available, pip, or percentage in point, was the smallest unit to measure price fluctuations. With the introduction of more accurate 5 digit precision pricing the smallest unit of price change is called point, however 1 pip is still calculated by 4th digit.
For example, if bid price is 1.11443 and ask price equals 1.11449, spread is 0.6 pips or 6 points.
Orders
Direction wise, there are two types of trades:
- Buy or long positions are opened at ask price and closed at bid price;
- Sell or short positions are opened at bid and closed at ask.
Each of those can be opened either as a market or as a pending order:
Opened at current ask price
Opened at a predefined ask price, which is above the current one
Opened when the ask price reaches the order level; the current ask is below this price
Closed at current bid price
Opened at a predefined bid price, which is higher than the current one.
Opened at a predefined bid price, which is below the current one
Closing order is always opposite to the opening one, that is, by closing a long (buy) position you sell the amount back and vise versa - when you close a short (sell) position, you buy the amount you previously sold.
A position can either be closed manually at the current market rate or when a certain price level is reached, through stop loss and take profit orders.
- Stop loss is intended to limit the losses and is set above the open price for short positions and below the open price for long positions.
- Take profit allows you to close a position when a certain profit is gained. Take profit level is below current ask price for a short position and above current bid price for a long position.
In order to gain profit you need to close long positions when the price goes up and close short position when the price goes down.
Leverage, volume, required margin
To open a position you need to have a certain amount in your balance, which is commonly referred as to required margin or just margin. The amount depends on the trading tool, volume and leverage.
- Trading tool is basically anything you can trade with, including currency pairs, spot metals, oil or indices.
- Volume is the amount you buy or sell measured in lots. 1 standard lot equals 100 000 units of the base currency. Depending on your balance and account type you can also trade mini lots (0.1) and micro lots (0.01). Volume defines the pip price, that is, the higher your volume is, the more significant each price movement will be. For example, pip price for EURUSD 1 lot is 10 USD, for EURUSD 0.5 lot is 5 USD. You can use this tool to calculate pip price for any position.
- Leverage is a virtual credit provided by the company. The higher your leverage is, the lower marginal requirements will be. For example, when you use no leverage (ratio 1:1), you will need 100 000 EUR to open 1 lot of EURUSD; if your account leverage is 1:200, only 500 EUR will be required. The maximum leverage octafx offers is 1:500, that is, you will need only 200 EUR to open 1 lot.
Note that if you have a USD account, the required margin will be calculated as follows:
(current price × volume in lots × 100 000 units) / leverage
For example, if your leverage is 1:200 and you open 0.5 lot EURUSD order at 1.12931, required margin is
(1.12931 × 0.5 lots × 100 000 units) / 200 = 282.33 USD
Required margin is always calculated automatically by the platform. To check how much approximately will be required to open a certain position, you can use our forex calculator.
Balance, equity, free margin, margin level
When you open a position, note that your balance remains intact. In fact, it only includes deposits, withdrawals and closed trades.
The amount of required margin will be deducted from “free margin” field, which also comprises of your floating profit or loss and deposit bonus if you claimed one. Free margin is the funds you can open positions with. Note that when you open a hedge order with the same volume, no margin will be required; however, if your free margin is negative, you will not be able to open an opposite position.
Free margin = balance - required margin + floating profit / loss (+bonus)
Another value affected by your profit or loss is equity, which is calculated is follows:
Equity = balance + floating profit / loss (+bonus)
Equity is important because it, along with the required margin, determines your margin level:
Margin level = equity / required margin × 100%
If you margin level falls under 15%, your open positions will be mandatory closed starting with the trade that has the highest floating loss.
Balance, equity, free margin and margin level are calculated automatically by the platform and available anytime in the “trade tab”.
How to start trading
Basically, all you need to do to start trading forex is to open an account and download and install trading platform or sign in to the MT4 or ctrader web based terminal.
Demo account allows you to practice risk free, while with a real account you will be able to experience real market with minimum deposit as low as 5 USD.
If you are not familiar with the trading platform, make sure to check our manuals section for detailed instructions.
More information on how the forex market works, what tools and techniques you can employ to predict the direction of the prices or strategies you can apply is available in the forex basics section.
If you have any questions regarding the market, octafx website or trading conditions you can check our elaborate and comprehensive FAQ.
Whenever you encounter an unfamiliar term, word or market phenomena, you can check its definition and description in the forex glossary.
Our award-winning customer service is always glad to answer any questions you have and is available 24/5.
Octafx
- Limited payment options
- Apps not very user-friendly
- Slightly geared towards clients in southeast asia
Min deposit
Max leverage
Mini account
Bonus
Platforms
Withdrawal options
Review
Comparison
Review
Introduction
Ocatfx is one of the most well-known cfds and forex brokers in the world at present. Started in 2011, this company has been incorporated in the financial markets of the grenadine islands and sy vincent. Keeping the asian financial markets as its main service area, ocatafx has based in jakarta, indonesia. This platform has clients originating from over 100 nations around the world. It is important to note that the UK’s financial conduct authority considers octafx as a legitimate and regulated brokerage.
Trading conditions
Discover the lowest spreads in the entire industry
Octafx traders are able to executive lightning trades at visible prices without any slippage.
Negative balance risk mitigation
Octafx does not charge any commission on services including making deposits or withdrawals. It also does not change a transaction fee for currency exchanges.
Types of accounts on octafx
Octafx offers three different types of accounts:
This account type is meant for traders who wish to have the maximum leveraging options with the least monetary investment. The minimum deposit required to start this type of account is $50.
This account is meant for those with a good understanding of forex and a willingness to invest for larger profits. This account offers the lowest spreads which allow for the maximum length of trade options. You can also engage in CFD trading from this account.
This account type is for professional traders who can make prudent investment decisions. It offers a great deal of mobility as it requires no markup and provides ample liquidity access. For traders looking to earn big, ECN is the right option.
Products
Octafx basically offers two types of trading options – spot market trading and contract for difference or CFD trading. Traders can invest in a range of options on octafx including currency pairs, cryptocurrencies, stocks, market indices, precious metals, and other commodities. This combination of financial investment options allows for great profit potential. Investors can benefit from trading on the most popular market indices such as NASDAQ, eurostoxx 50, dow jones etc.
At present, octafx can support three primary cryptocurrencies – bitcoin, ethereum and litecoin.
Traders on octafx can also use cfds to access trading on stock indexes.
Regulation
As stated earlier, octafx is under the regulatory oversight of the financial conduct authority of the UK. This is one of the most stringent regulatory models in the forex industry. The company was established in 2011 under saint vincent and the grenadines IBC 2011 and granted the license number 19776. The company is in full compliance with international financial regulatory standards.
Platforms
Metatrader4
Octafx allows traders to select from a number of platforms for the biggest cross-section of trading preferences and levels. This platform has a very easy to understand setup and offers inbuilt expert advisors as well as customizable indicators.
Metatrader 5
An increasingly popular platform on octafx, MT5 has been considered by many as a potential replacement for MT4. In addition to the MT4 features, it provides a far more customizable interface, stop limit orders and native economic calendar.
Ctrader is the top-level trading platform for ECN brokers. Naturally, it provides level II quotes, server trailing stops, single-click trading and sophisticated charting options. It utilizes cloud servers to back up accounts and keep a centralized tab on all of them.
Mobile trading
Octafx is also available on mobile and has dedicated apps for both ios and android. There is virtually no performance difference between these mobile apps and desktop apps. Traders can easily use them to make trades while on the move.
The octafx trading app is an officially acknowledged forex trading software. It permits all financial transactions available through conventional desktop apps. Users can access the in-app settings to control their octafx trader profile and all activities related to that account. The apps provided fulfill the needs of traders, but we have seem apps from other brokerages that have been easier to use.
Pricing
Octafx has a commission model based on trading. The actual commission charge is based on a mixture of standard prices and markup spreads. For ECN accounts, the charge is 3 cents per 0.01 lot. The table below provides a general idea of the spreads typically seen across octafx’s platforms.
Instrument
Spreads (in pips)
Deposits & withdrawals
Octafx offers multiple channels for investment including credit/debit cards, bank wires, skrill, neteller etc. Traders from specific countries can also opt for local bank transfers. Octafx is constantly adding new payment methods. The deposits must be in USD or EUR and must be at least $5 or equivalent for micro account balances.
For withdrawal requests, the processing time is almost instantaneous and validated through an email. However, this will only happen provided personal information about the withdrawer in available and verified. As per the international anti-money laundering laws, forex brokers need to follow specific rules and octafx complies to them all.
In addition, octafx also keeps user funds distinct from that of the company. Thus, it is in compliance with international forex trading standards. Further, it uses an authentication model through 3D secure technology for extra protection to online payments.
Customer support
Octafx offers customer service round the clock on all workdays i.E. 24/5. Customers can choose between email, direct change and free calling options. The company will also provide a range of market new along with research and economic calendar.
Research & education
Octafx offers several trader tools such as an economic calendar, market insights, forex news, profit calculator, trading calculator, monitoring, live quotes, interest rates, and national holidays. More tools include:
Signals: these tools include MQL5 community settings, signal settings, signal subscribers, and signal providers.
EAS: EAS tools include tester parameters, code basetoolbox, experts tab, experts advisors launch, expert advisors setup, expert advisors shutdown, and autochartist installation manual.
Noteworthy points
· octafxcopytrading provides traders the chance to directly mimic the investment patterns of successful traders. This strategy is a failsafe against customized trading practices and ensures a reasonable degree of success.
· octafxhas been a supporter of the bali sports foundation which takes care of disabled sportsmen in bali and east indonesia.
· octafx supported rip curl cup padang-padang event in bali, indonesia.
· from july 1st, 2015 to 30th june 2016 octafx sponsored of southampton FC, a top-level football club in the UK.
Awards won by them:
· best trades execution 2017
· best trading conditions 2017
· from european CEO magazine
· best forex ECN broker 2017
· most transparent broker 2017
· from european CEO magazine
· best trading conditions 2016
Conclusion
Octafx has a truly impressive array of features and options to offer to traders. Their personal support is also genuine and customer care executives seem to eagerly resolve client queries and problems.
Additionally, their competitions and trading bonuses add an edge to their brokerage. Most other forex brokers do not offer such benefits. For novice and even experienced brokers, octafx offers a wide range of educational materials.
Novice traders also have the option of honing their skills with demo accounts which perfectly mimic live trade conditions.All in all, octafx is a very viable forex brokerage that offers a good experience and can be used profitably by smart traders.
Comparison
Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.
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Tidak mendapatkan pin octafx
@noer robby akbar: apakah sudah dicek di inbox email yang didaftarkan di octafx?
Kalau di inbox tidak ada, coba cek juga di spam karena mungkin saja sistem membacanya sebagai spam. Jika tidak ada, silakan lakukan pemulihan kode pin di personal area anda. Lihat langkahnya pada gambar di bawah ini.
Kategori deposit withdrawal
pertanyaan | penanya | balasan | dilihat | aktivitas |
WD berhasil, dana belum masuk akun? | Dian | 19 | 11017 | 09 sep 2016 |
tentang deposit di expertoption? | Aldy yusni | 15 | 5033 | 21 jan 2018 |
deposit olymptrade belum masuk? | Edu sahmada | 14 | 2165 | 14 okt 2019 |
bagaimana perlakuan pajak indonesia pada WD ke bank lokal? | Musliaty mmahmud | 13 | 11316 | 07 mei 2016 |
deposit olymptrade? | Donny | 13 | 3616 | 10 sep 2019 |
deposit gagal? | Juliyulhidayatulloh | 13 | 2958 | 23 agu 2019 |
Kirim komentar
Kirim pertanyaan
- Trading forex berisiko tinggi. Tanggung jawab dan segala keputusan ada pada anda sendiri.
- Informasi disajikan sebaik mungkin, namun tidak menjamin 100% keakurasian.
- Kami tidak menjamin kualitas materi promosi oleh pihak ketiga berupa iklan berbayar, banner, dll.
- Materi tidak diperkenankan untuk menyalin baca terms of use.
Konfirmasi
Tambahkan sebagai favorit ?
Buka akun trading
Kesulitan akses seputarforex?
Silahkan buka melalui https://bit.Ly/seputarforex
Alternatifnya, lakukan solusi ini jika anda mengakses lewat:
PC | smartphone
Akses seputarforex
- Pasang ekstensi VPN di browser
- Search kata kunci "vpn" atau "proxy" di mozilla addons atau chrome webstore.
- Setelah menemukan salah satu vpn (contoh: browsec), klik "pasang" atau "tambahkan".
- Aktifkan ekstensi.
- Aktifkan DNS-over-HTTPS (doh)
Untuk petunjuk mengaktifkan doh di browser google chrome dan apa saja keuntungan menggunakan cara ini, silahkan klik artikel cara efektif mengakses situs tanpa VPN.
Cara alternatif:
- Aktifkan doh dengan install aplikasi 1.1.1.1 di playstore, atau
- Aktifkan private DNS di pengaturan (untuk smartphone berbasis android pie ke atas). Caranya bisa disimak di halaman ini.
Cara withdrawal octafx ke bank lokal indonesia
Asetbisnisonline.Com – pada artikel kali ini admin akan berbagi panduan cara withdrawal octafx ke bank lokal indonesia. Penarikan dana dari akun trading merupakan sesuatu yang di nantikan oleh trader baik itu trader profesional maupun trader receh seperti admin. Sebagian besar trader pasti ingin deposit sekali withdrawal berkali-kali akan tetapi semua itu butuh proses trial dan error dan pastinya pernah MC seperti admin hehehe…
Oke.. Kita lanjut ke topik pembahasan kali ini cara penarikan dana atau withdrawal octafx ke bank lokal indonesia untuk panduan lengkapnya bisa anda baca pada halaman ini dan jika anda belum punya akun dibroker octafx silahkan mendaftar untuk panduan pada link dibawah ini:
Artikel terkait:
Langkah ke-1 cara withdrawal octafx
Silahkan login ke personal area octafx bisa melalui menu dibawah ini:
Kemudian isi dengan email dan password saat anda mendaftar di octafx, jika data yang anda masukkan sudah benar klik ” LOGIN “. Seperti contoh gambar dibawah ini:
Langkah ke-2 cara withdrawal octafx
Setelah anda login ke personal area octafx klik menu ” tiga garis” di pojok kanan atas, kemudian pilih menu ” withdraw ” selanjutnya klik ” request withdraw ” seperti contoh gambar dibawah ini:
Langkah ke-3 cara withdrawal octafx
Pada tahap ini anda berada dihalaman withdrawal request from account, anda akan di minta memilih dan mengisi data mulai dari memilih metode pembayaran, jumlah yang akan di withdraw dan seterusnya.
- Pada menu select payment option/ select payment method pilih indonesia local bank.
- Pada bagian enter payment details silahkan masukkan jumlah nominal yang ingin withdrawal atau ditarik dan pilih bank yang di inginkan.
- Pastikan data data yang anda masukkan benar kemudian masukkan pin penarikan anda lalu klik “request“. Seperti contoh gambar dibawah ini:
Langkah ke-4 cara withdrawal octafx
Pada tahap ini anda akan melihat konfirmasi apakah data penarikan di octafx sudah benar. Jika sudah benar klik “request“
Langkah ke-5 cara withdrawal octafx
Sampai dengan langkah ini proses penarikan di broker octafx sudah sukses selanjutnya anda tinggal menunggu uang masuk di rekening bank anda. Waktu yang di butuhkan sekitar 1-3 jam tetapi menurut pengalaman admin tidak sampai 15 menit sudah masuk kerekening.
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How to start making money with forex
Almost everyone who aspires to make money online has probably found that it is easier said than done. There are some that have succeeded in multiple fields, and forex trading is one of them. FX trading requires patience, planning, practice and common sense, just like any other activity to achieve success. There is no beating the market, but instead, one should focus on developing the skills that will make it possible to earn profit from your trades.
How to be profitable in forex trading
Below are some guidelines that online traders should follow to achieve consistent gains in the forex market.
Study the forex market
It is important to acquire as much knowledge as possible about the forex market if you want to reach success in your trades. Fortunately, forex brokers such as octafx provide you with a bucket-load of resources that are designed to help improve your trading. You can leverage the trading and educational resources as well as the tools that your preferred broker will provide. Most brokers provide market insights, video tutorials and forex news among other means.
It is also a good idea to take a trading course either through an online webinar, live seminar or trading academy. Doing this will allow you to get a feel for the trading environment and with a demo account you get access to live trading conditions but with virtual money. It means you will not be risking actual cash while you build up your trading skills.
Develop a trading strategy
So you have already involved yourself in webinars and have a demo account. What next? At this stage, you should consider developing a trading strategy that will help you achieve your trading goals. There are many strategies that you can learn online, or you could choose to build your strategy. The latter might be better especially since it will allow you to create a strategy that best works with your schedule.
Traders have a variety of strategies to choose from. For example, you may decide to trade against the trends (reversal trading) or follow the trend. You may also decide to trade as a long-term trader or an intra-day trader. The most important thing is that you are comfortable with your preferred strategy.
Traders usually rely on two main principles; technical analysis and fundamental analysis. Technical analysis usually refers to price chart analysis to determine future prices. The trader uses this principle to predict price movement and then execute trades based on their prediction. This method also involves the use of different analytical tools known as indicators as well as graphical tools.
Fundamental analysis uses economic indicators and news analysis as the base in making trade decisions. This approach helps the trader to determine why prices are moving in a particular direction.
Using fundamental analysis the trader gets a larger macroeconomic outlook, allowing them to execute trades more efficiently. You may choose to use fundamental analysis or technical analysis depending on your preference or even combine the two.
Forex leverage
Forex leverage allows you to boost the value of your investment. For example, if you choose to trade $1,000 at a 1:100 leverage ratio, then you can increase your funds to $100,000. It shows just how powerful online trading can be. However, leverage can also be dangerous because you might lose your money very fast if the trend does not go your way. High leverage can efficiently run down your account leaving you with no trading funds.
Come up with a robust risk management plan
As with all investment opportunities, where there is the potential for high gain, there is also the potential for loss. It is therefore vital for any trader to create a risk management plan regardless of how good their strategy is. A risk management strategy will help you minimize losses and most importantly, prevent you from blowing your account.
There are different ways to exercise discipline in your trades. For example, you can limit each trade to about 1 per cent of your entire capital. This approach means you will not incur any significant losses even if you encounter a few losing trades.
Forex trading platforms also provide profit taking orders and stop loss features which are usually automated. It means you can set the exit point for each trade once the price reaches a certain percentage or if the loss reaches a certain point. These features are ideal for cutting your losses and also help you maintain your hard-earned gains.
Get used to the market through a demo account
Many people rush into trading with live accounts and often, they end up blowing their accounts. There is no need to rush into trading before you are entirely sure about your trading strategy and money management techniques. Practising makes a mountain of difference because, at the end of it, you will be able to execute trades more confidently.
It doesn’t matter whether it takes more than a few months of demo trading as long as you gain the necessary exposure that will help you trade successfully once you start trading on a live account. A demo account may be the key successful trading and it is essential forex training tool. Even seasoned pros will use a demo account to test out new strategies.
Emotions and trading should not mix
Trading emotionally may throw you off your strategy and lead to poor trading decisions that cause you losses. Emotional trading refers to executing trades based on emotions such as anger, faith, fear, and hope. For example, you may lose a few trades and end up executing more poor trades in the hopes of recovering lost funds. A failing strategy might make you angry, causing you to deviate from your strategy and in turn lead to losses.
Another pro tip is to avoid focusing too much on your profits in order to avoid being greedy. Know when to stop and exit the market because you might end up losing if you push your luck too much.
The bruce kovner's contemporary bill lipschutz turned $12,000 into $250,000 during his university years. However, he lost the entire stake after one poor trading decision, a hard lesson on risk management that he carried throughout his career.
Consider tax laws
The whole idea of trading is to be profitable, and that should not stop at the trading level. You can exploit the tax code of your area to retain more profits. For example, you can claim a trader tax status that will allow you to enjoy tax deductions.
Is it possible to make money online?
2018 is probably the best time for making money online. Though there are no true get-rich-quick schemes, with a passion, patience and strategic planning you can become a successful trader. One of the most efficient ways for comfortable investing is an octafx copytrading
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Contents of the article
- Free forex bonuses
- Trade with a regulated broker that adheres to...
- Explore our platforms
- Mobile and desktop trading on demo accounts
- Octafx: login, minimum deposit, withdrawal time?
- RECOMMENDED FOREX BROKERS
- OCTAFX LOGIN
- OCTAFX MINIMUM DEPOSIT
- OCTAFX WITHDRAWAL TIME AND FEES
- BONUSES AND PROMOTIONS
- BOTTOM LINE
- How to trade forex
- Currency pairs and rates
- Orders
- Leverage, volume, required margin
- Balance, equity, free margin, margin level
- How to start trading
- Octafx
- Review
- Introduction
- Trading conditions
- Products
- Regulation
- Platforms
- Mobile trading
- Pricing
- Deposits & withdrawals
- Customer support
- Research & education
- Noteworthy points
- Conclusion
- Comparison
- Build secure, seamless experiences for your...
- How organizations use okta
- Connect your workforce to every app. Build...
- How organizations use okta
- "due to the increased work at home environment...
- Make the stack of your choice work better for you
- Programmable identity for developers. See the...
- Scale and flexibility for the world’s largest...
- Enabling global collaboration and rapid growth
- Securing access to apis in the pitney bowes...
- Building an intelligent, connected world
- What’s new at okta
- Go from zero to zero trust
- Tidak mendapatkan pin octafx
- Kategori deposit withdrawal
- Cara withdrawal octafx ke bank lokal indonesia
- Langkah ke-1 cara withdrawal octafx
- Langkah ke-2 cara withdrawal...
- Langkah ke-3 cara withdrawal...
- Langkah ke-4 cara withdrawal...
- Langkah ke-5 cara withdrawal...
- Langkah ke-1 cara withdrawal octafx
- Build secure, seamless experiences for your...
- How organizations use okta
- Connect your workforce to every app. Build...
- How organizations use okta
- "due to the increased work at home environment...
- Make the stack of your choice work better for you
- Programmable identity for developers. See the...
- Scale and flexibility for the world’s largest...
- Enabling global collaboration and rapid growth
- Securing access to apis in the pitney bowes...
- Building an intelligent, connected world
- What’s new at okta
- Go from zero to zero trust
- How to start making money with forex
- How to be profitable in forex trading
- Study the forex market
- Develop a trading strategy
- Forex leverage
- Come up with a robust risk management plan
- Get used to the market through a demo account
- Emotions and trading should not mix
- The bruce kovner's contemporary bill lipschutz...
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