Bob Hatch
OctaFX has been up and running since the year 2011. OctaFX is a mobile application for the convenient trading of your funds. This mobile application is part of bigger organizations which are Octa Markets Incorporated (based in Saint Vincent and the Grenadines) and Octa Markets Cyprus Ltd. Both of these organizations are based in Cyprus.
The Overview of OctaFX
In these modern times, financial education is a crucial skill. There is a need to be financially aware to eventually be financially smart. OctaFX is an important platform that lets all individuals move towards being smart about their finances and investing in the right place.
Financial Trading is the act of essentially the buying and selling of financial tools. These not only include the money but also financial assets such as stocks, crypto, and others.
There are a lot of aspects of financial trading which are defined below,
- Shares- The capital of a company is divided into small equal units of a finite number. A share is this unit or a percentage of ownership in a company or a financial asset in simple terms.
- Other financial assets include commodities (that is physical assets), indices, and forex (foreign currency).
These assets need to be traded in during circumstances. For example, during travels, one needs forex trade to enable foreign currency.
One can trade popular pairs and other assets on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. OctaFX can help track the investments of one person.
Features of OctaFX Application-
OctaFX makes one financially smart. The application involves the easy investment, multiplication, and growth of money.
- One of the pros of the application is the low minimum account balance for registration. It is as low as 50$. This enables individuals who are starting out in investing market to start their journey with OctaFX.
- It also enables fast deposits and withdrawals.
- Diversification of financial assets is facilitated. For example, cryptocurrencies are also accepted as funding sources. Trading through OctaFX is also achieved in form of cryptocurrencies.
- The trading app also provides comprehensive investor education resources, as well as trading signals, charting tools, and regularly updated investment articles and webinars. Hence, decisions can be easily made with this study and decision-making tools.
- OctaFX enables user to access their financial trading database from their smartphones from anywhere at any time.
- The application is available everywhere and hence is available in all languages.
How to set up an account at the OctaFX Trading App?
The process of setting up an account at OctaFX trading application is quite simple.
- When we initiate the application, one can choose either their email, google or Facebook to set up their trading account. At this point, there is also an option to continue with a demo to see how the trading works.
- Further, one is required to fill out all other personal details for the verification of their credentials.
- One is required to choose an appropriate trading platform from MetaTrader 4, MetaTrader 5, or C trader and then proceed.
- After these steps, one can evaluate all the features of the applications and proceed with their financial traders.
Why is using the OctaFX application important?
The OctaFX application is the best way to start trading right. There is no fee for registration. The application is used worldwide and therefore trading can be done in all currencies. OctaFX offers an iOS app for Apple users. Simply go to the Apple App Store, type OctaFX into the search bar, and the app will appear. Numerous features such as a demo account, flexibility, and forex trading.
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