How to open OctaFX's Bonus Trading Account?

OctaFX

Considered by traders as an excellent means to interact in markets worldwide, OctaFX offers an extremely intuitive service, easy access, and full of advantageous investment solutions. Undisputed leader in the sector, the broker invests numerous resources in creating an easily accessible environment for any category of trader. Functional portfolio management, extremely advantageous trading conditions, excellent educational section, and maximum transparency. All to allow the trader to fully leverage their skills and get the most out of any operation.

Strictly regulated by multiple control bodies, the most quoted broker in Asian countries offers high security standards and absolute transparency. Having access to any documentation concerning account opening, trading conditions, and any costs to be incurred, the trader will be able to establish a relationship with the broker entirely based on mutual trust.

• Clear and secure management of client funds.
• Trading conditions among the most advantageous on the market.
• Simple and clear use of tools for optimal market interaction.
• Detailed section dedicated to learning to allow traders of any level to update and improve their style.
• Periodic updates of the services and tools offered.
• A range of accounts structured to allow any trader to choose the right solution to their needs.
• The most powerful and advanced platforms in the world: MT4, MT5, and OctaTrader.

In addition to the impeccable service offered, the broker periodically offers interesting promotional initiatives with the intent to enhance the work of its clients and benefit them in the ordinary course of operations. Contests, prizes, and very advantageous bonuses to allow the customer to expand their investment volume (compared to the actual capital invested) and to gain experience to improve their style.

Visit the official OctaFX website

OctaFX promotion list

As just mentioned, the broker periodically offers interesting promotional initiatives with the intent to support its customers and encourage them to perfect their style, to maximize the benefits of any operation. Enticing bonuses, attractive prize contests, and programs with exclusive services.

Among the promotions available at this time we find:

• Demo Contest.
• Trade and Win.
• 50% deposit bonus.
• Status Program.

Access OctaFX promotions

Demo Contest

Normally, contests and bonuses are initiatives exclusively dedicated to traders who consistently invest in markets around the world using their funds. The innovative “Demo Contest” offered by the broker stands out from more ordinary promotions, allowing the trader to win cash prizes by trading on demo accounts!

It works like this: the client will need to open a demo account and request to participate in the initiative. 1000 USD virtual will be credited to the account that the trader will need to use to trade. The promo lasts one month, participants with the highest balance at the end of the round will win a cash prize. Funds will be credited to a real account, can be withdrawn and used for trading.

The prizes will be divided as follows:

1. The 1st classified will receive 500 USD.
2. The 2nd classified will receive 300 USD.
3. The 3rd classified will obtain 100 USD.
4. The 4th place will obtain 60 USD.
5. The 5th place will obtain 40 USD.

To enter the contest just follow the next steps:

First step.

Visit the official website and open a Demo type account.

Second step.

Access the promo page and create a new account for the Champion contest.

Third step.

Download the MT4 trading platform (or alternatively use the browser version).

Fourth step.

The promo lasts a month (starts on the first and ends on the last day of the month), wait until the 1st of the next month and start trading on MT4 using the contest account.

Last step.

Strive to achieve the highest balance within the specified times.

Contest rules

Although it takes place on demo accounts with virtual funds, to participate in the initiative the trader must read and accept the terms and conditions. Next, the list of main information to know in order to participate in the initiative:

• The contest lasts monthly.
• The promo is accessible to everyone. Just open a new demo account.
• Registration for the Contest will be announced before it begins.
• The promo is only accessible to adult and verified traders.
• Each trader can participate in the contest every month, but each round the trader must open a new demo account.
• The participant must provide their data to the broker. False data will cause complete cancellation from the promo.
• The account features are as follows:
  1. Account type: MT4 OctaFX.
  2. Trading instruments: as offered in OctaFX’s MT4 account.
  3. Initial deposit: 1,000 USD virtual.
  4. Max leverage: 1:500
  5. Minimum volume — 0.01 lot (maximum volume not limited).
• Traders will be able to open and close orders on cryptocurrencies during the weekend.
• Automatic trading allowed.
• All open orders will be automatically closed at the end of the contest.
• Winners must allow the publication of their names on social media and respond to any interviews.
• Winners will have one month to collect the prize.
• If at the end of the contest, two participants present the same balance, the prize will be divided equally.

Participate in the OctaFX Demo Contest

Trade and Win

An exciting promo, created with the goal of encouraging the trader to give their best by fully leveraging their skills, Trade and Win offers traders the opportunity to receive fantastic prizes, simply by trading continuously. The promo is accessible to everyone and does not require any registration. By opening a new account, the trader will have to trade to be able to claim the prizes at stake. It works like this: for every lot traded, the trader will receive a “prize lot.” By accumulating as many lots as possible in a specific period of time, the trader can then exchange them for the corresponding prize.

The prizes at stake are the following:

1. 5 prize lots: Octa logo t-shirt.
2. 20 prize lots: portable power bank.
3. 100 prize lots: Smartwatch.
4. 350 prize lots: Android smartphone.
5. 2100 prize lots: MacBook laptop.

The promo does not have particular trading conditions or mandatory deposits to be activated. As already mentioned, the participant will only have to do their best in their operations and accumulate as many prize lots as possible to claim the coveted prize. Prize lots will be granted only on opened and closed positions.

Moreover, it is important to know that the quantity of prize lots that can be received varies according to the status achieved (Bronze, Silver, Gold, Platinum). Higher status levels of the program will allow receiving up to 1.5 prize lots more.

Promo rules details

To participate in the contest it is important that the trader knows the regulation. Following, a summary of the main rules and information:

• The promo is only accessible by adult clients residing in Malaysia, Indonesia, India, and Singapore.
• As of July 2023, the contest is also accessible in Nigeria but for a limited number of participants.
• Existing broker clients and new subscribers can access the promo at any time by opening a new account.
• The prizes that the trader can receive vary based on the balance of prize lots accumulated.
• To be able to accumulate prize lots, the trader can trade without restrictions on the entire range of instruments available.
• Demo accounts are not compatible with the offer.
• There are no limits regarding the duration of orders.
• Only closed operations will be considered valid for the count of traded lots.
• To be able to use the prize lots, the client will have to trade at least one lot every 30 days. Otherwise, their prize lots will be temporarily blocked. For reactivation, the trader will have to resume trading and close at least one order.
• The gifts available vary based on the trader’s country of residence. By accessing their profile, the participant will be able to view the complete list of available prizes.
• The trader will be able to redeem the gift by exchanging it with the accumulated prize lots.
• Prize lots will be calculated according to the following formula: 1 traded lot = 1 prize lot.
• Traders enrolled in the Octa Status Program will receive a higher quantity of prize lots:
  • Silver level: 1 traded lot = 1.1 prize lots.
  • Gold level: 1 traded lot = 1.25 prize lots.
  • Platinum status: 1 traded lot = 1.5 prize lots.
• Each participant may redeem only one prize per month.
• Prizes and participation in the promo cannot be changed or transferred to other accounts. However, in case the offered gifts are not available due to reasons not attributable to the broker, the latter may: offer alternative gifts of equal or higher value – return the prize lots used.
• Prize lots cannot be returned.
• Traders can participate only with strictly verified accounts.
• The broker will not issue any invoice for the gifts.
• In case of any faults in electronic prizes that do not violate the maintenance conditions established in the Gift service manual or on the manufacturer’s website:
  • In case of problems with Octa-branded electronic prizes, the trader can contact the support team within no later than 105 days from the date the prize was shipped. The broker will provide a replacement for the gift.
  • For non-Octa-branded electronic prizes, the customer can contact the broker within 45 days from the date of shipment. The broker will replace the gift.
  • Alternatively, for non-Octa-branded electronic prizes, the participant can go to the nearest manufacturer’s service center.
• In the event that the gift has been damaged during shipping, the customer must prove the damage by sending a photographic or video proof to customer service, within 7 days from the date of delivery.
• In case of a non-electronic defective prize, the customer will have six months to request a replacement.
• Once the measurements for non-electronic prizes have been selected, they cannot be modified.
• The broker may discretionarily change the quantity of prize lots needed to redeem a prize./li>
• When ordering any electronic prizes, the trader agrees to install Octa applications and services on the device, including customized features (such as wallpapers, lock screen images, animations for starting up and shutting down the device) associated with the broker.
• The prize will be delivered within ten weeks of the request, at the address specified by the trader
• The recipient and the requester must be the same person.
• Once provided, addresses cannot be changed.

Participate in the Trade and Win OctaFX Contest

50% Deposit Bonus

One of the most appreciated and popular promotions offered by the broker, the 50% Deposit Bonus offers traders the opportunity to significantly increase their investment volume. Extremely flexible promo, allows the client to select the percentage of extra funds to receive on each deposit (from 10% to 50%). The promo is freely accessible and is activated with a minimum deposit of $50. The extra funds received can be used for trading and withdrawn if trading conditions are met.

To be able to withdraw the Bonus, a certain number of lots must be traded, calculable according to the following formula: Number of standard lots = Bonus amount in USD / 2.

For example:

• Deposit made: $800
• 50% Bonus: $400
• Divide the Bonus: $400/2
• Number of lots to trade: 200 lots

It is important to clarify that each trader can request a new deposit bonus only if the sum of the bonuses previously assigned is less than the amount of funds present in the account (free margin). For example: if the total sum of extra funds received is $2000, to be able to request a new bonus, the free margin on the account must be greater than $2000.

Useful information

To access the promo, the trader must first read and accept the terms and conditions of use. In the next list, the main rules to be respected for participation in the promo:

• Extra funds cannot be transferred to other accounts unless otherwise specified.
• The bonus must be requested by the trader immediately after making a deposit.
• The bonus will be credited to the trader’s account and available only for trading until the volume requirements are met. Once the conditions of the volume are met, the bonus will be transferred from the credit section to the balance section. The operation will be performed hourly on a daily basis.
• The calculation of the volume necessary for withdrawal will be calculated on each credited bonus. This means that the trader will have to trade the necessary lots to be able to withdraw the first bonus, before being able to withdraw the subsequent ones. The calculation of the volume will start from the moment the bonus is activated. The volume for each deposit will be calculated separately. For example, the client makes a deposit of $200 on Monday and starts trading. Wednesday requests a $50 bonus. The volume calculation will start Wednesday and any volume traded previously will not be considered valid.
• If the trader’s capital is lower than the extra funds, the bonus will be automatically canceled.
• If the trader decides to withdraw their funds during the promotional period, the bonus will be automatically canceled.
• The trader has the possibility to cancel a deposit bonus at any time. Once the bonus has been canceled, it cannot be restored.

Request the 50% Deposit Bonus OctaFX

Status Program

More than a promo, the innovative Status Program can be understood as an excellent incentive that allows the trader to access exclusive services, to further improve their trading experience and evolve their modus operandi to a higher level.

The initiative is divided into 4 levels: Bronze, Silver, Gold, and Platinum. At each level correspond a series of functions and exclusive services. The higher the level, the greater the benefits to which the trader can access. The program is accessible by all traders. Beginners, experts, and high-volume investment traders can access the most suitable status to their needs by making the minimum deposit necessary for activation.

It is important to remember that the conditions of use of the service may undergo changes. Therefore, it is advisable to periodically visit the page dedicated to the initiative to remain constantly updated.

Participate in the OctaFX Status Program

OctaFX Account

Although the broker does not offer a wide range of accounts, the list of available accounts has been created to allow traders of any level to find the right option for their needs. Professionals in the field, beginners, and traders with particular trading needs will be able to quickly register and trade to the best of their abilities, through the use of carefully selected tools and services. The accounts are mainly distinguished by the type of platform used for trading, and each one presents particular features suitable for a specific category of traders. Despite this, all accounts offer variable spreads starting from 0.6 pip, zero commissions, and a deposit for activation of $25.

The accounts offered are:

• OctaTrader Account.
• MT4 Account.
• MT5 Account.

In case the trader wants to test the offered environment without having to risk funds, they can opt for opening a demo version of the selected account. In this way, the new client will be able to trade on the markets at zero cost and without risks, before deciding to open a real account and start investing.

Open a real account with OctaFX

OctaTrader Account

The main feature of the account is compatibility. The OctaTrader account is indeed an excellent choice for both professional and beginner traders. Regardless of the level of experience, the trader will be able to interact in the markets with extreme simplicity and invest with conditions suitable for any trading strategy or modus operandi.

Open an OctaTrader account with OctaFX

MT5 Account

Account created mainly for experienced traders and those with high investment volumes, the MT5 account offers exclusive tools and services for high-performance trading. The client will be able to trade in markets around the world with trading conditions carefully selected to allow proper risk management and optimal portfolio diversification.

Open an MT5 account with OctaFX

MT4 Account

The characteristics of the MT4 account make it particularly suitable for novice traders who want to trade without having to take too many risks in an intuitive environment rich with excellent investment solutions. Although usually chosen by newcomers, the MT4 account is also an excellent choice for experts who intend to test the service offered without having to commit excessive funds.

Open an MT4 account with OctaFX

How to open an OctaFX account

Opening a new account with the broker is simple and does not require excessive time. The client can register, choose the account most suited to their style, and start trading within a few minutes. It is important to remember that being a strictly regulated broker, OctaFX adheres to strict security standards which require the client to verify their identity.

To register, just follow these very simple steps:

First Step.

To begin, the trader must access the official website and click on the “Sign Up” icon visible at the top right of the page. In the new screen, they will need to enter their email, create a secure password to use, and accept the terms and conditions (after reading them very carefully). Click on “Submit” and check their email. The broker will send a verification email that the trader must open to confirm.

Second Step.

Now the client must fill out the form by entering their personal details including: first name, last name, country of residence, phone number, any trading experience, date of birth. After entering the required data, the trader will need to decide whether to open a “standard” type account or configure the account manually. Click on “Submit”.

Third Step.

To complete the registration, the trader must undergo a verification process of their identity and country of origin. To do this, they must send a clear front and back photo of a valid identification document (ID card, passport, driver’s license) and a recent utility bill (gas or electricity) containing the trader’s full address.

Final Step.

Once suitable, the trader can make an initial deposit and start trading.

It is important to remember that the “Standard” opening account is the OctaTrader account. After registering, customers can decide whether to open additional accounts and choose the right solution for their needs.

Open a real account with OctaFX