MetaTrader 4, MT4 MultiTerminal, MetaTrader Mobile
Headquartered
Pot 805/103 Rue D’Auvergne, Port Vila, Vanuatu
NordFX is one of the leading broker companies providing services on international online currency markets. The company was established in 2008, the head office is located in Port Louis, Mauritius. NordFX is regulated by CySEC, VFSC (Vanuatu) and SEBI (India). NordFX offers 33 currency pairs, gold, silver, 11 crypto pairs, 6 CFD indicies, 64 stocks for trading on MetaTrader 4 terminal and CopyTrading service.
The NordFX Group is incorporated under the laws of Vanuatu and is regulated by VFSC (Vanuatu) and SEBI (India). In 2015, NordFX CY also received a CySEC license. NordFX provides a full scope of forex services on the worldwide financial markets. Besides trading currency pairs, the broker offers trading metals (gold and silver), cryptocurrencies, CFD indicies and stocks.
NordFX offers its customers MetaTrader 4 for trading platform, also customized for usage on iOS and Android mobile devices. Traders can have access to all advanced trading software allowing for comfortable opening and closing of orders from anywhere in the world. In addition, NordFX makes available a simple and clear autotrading service – CopyTrading.
NordFX offers flexible trading conditions, including “Fix” account starting from $10, tight fixed (from 2 pips) and variable spreads (from 0 pips), depending on the account type. The broker allows traders to use expert advisors and various trading strategies including scalping and news trading.
The company’s customer support is available in 14 languages. Depositing and withdrawal of funds are available in plenty of ways including all the world’s most popular payment systems. In case of any problem on the part of a customer, the NordFX Finance Department resolves all issues with funds deposits and withdrawals fast and without delays.
Among the broker’s advantages are: no need to spend a lot of time filling agreements and sending documents to open a trading account, funds can be deposited anytime via online payment systems, four types of accounts suitable for traders of all levels of professionalism, order execution is under 0.5 seconds, variable spreads from 0 pips on main currency pairs allow decreasing costs significantly and enlarging a customer’s profit. We also do provide PAMM accounts, Stocks trading, 2 level partner program.
Basic NordFX Services
Full range of services for trading in Forex, gold, silver, crypto, oil, stocks & basic stock indexes such as Nasdaq, Dow Jones, Nikkei etc.
Leverage up to 1:1000
Trading platforms MetaTrader 4 and mobile applications
Minimum deposit 10 USD
Low spreads starting at 0 points
Extremely fast order execution of just 0.5 seconds
Accounts in USD, Bitcoins and Ethereums
Trading Signals & PAMM service
Investments in global shares through NordFX Investment Funds and special products (shares of Apple, Ferrari, Boeing, Coca-Cola, Microsoft, Visa, Google, Alibaba etc.)
Analytical materials and economic news
Extensive training section that includes hundreds of text, graphics and video materials
Metatrader 4/5, MT4/5 Mobile for Android/iPhone, cTrader, cTrader WEB, cAlgo
Headquartered
2 Devonshire Square, London, England, EC2M 4UJ
Is OctaFX scam or legit? OctaFX is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments. OctaFX acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients.
The five OctaFX benefits
This is why we rank OctaFX as the best Forex broker.
Security. They provide you with a prosperous environment by utilizing the tightest spreads in the industry, providing top market conditions and fixed-rated exchange rates (in some cases). OctaFX also offers negative balance protection, the industry’s lowest minimum deposit, no slippage or delays, no swaps, maximum leverage of 1:500, and does not make commission from deposits or withdrawals.
Convenience. OctaFX grants local deposit and withdrawal options. Their customer support speaks your language, so it should come as no surprise that they work with local banks and transfer services that enable you to make deposits and withdrawals seamlessly.
Peace of Mind. Take comfort in knowing that OctaFX has won many awards from several Forex focused publishers, including an accolade naming them the top broker in Asia.
Profit potential. OctaFX offers some of the most famous and most lucrative contests. Whether it’s for IBs, traders, or demo users, people have been winning huge prizes, like brand new cars, just by trading. There are even weekly random drawings for scooters. They provide a standard 50% deposit bonus, which sometimes climbs to 100% during special events or holidays.
Rewards. OctaFX has two unique programs. A free status program, which unlocks a bevy of benefit like even lower spreads, faster withdrawals, and invitations to VIP events. Additionally, you’re awarded incredible gifts just by trading, like MacBooks, and all for free.
This OctaFX Forex broker review is meant to help guide those unsure of how to navigate the murky Forex waters. Should you focus on who has the best Forex app or which broker offers the best copy trade platform? When searching for a Forex broker that is right for you, you need to consider several factors, like: Are they trustworthy and reliable, what are their fees, how is their platform, do they offer mobile trading, how is their customer service, do they have copy trading services. In this case, we will examine OctaFX. Is OctaFX a scam? No, absolutely not.
OctaFX has been in the market for years, servicing clients worldwide, but mainly those residing in Asia. They’re embedded deep within the fabric of society in countries they work with through charitable initiatives. There is not a single Forex broker that can claim to be more reliable or trustworthy than OctaFX.
OctaFX has taken home over 35 awards! Most notably, OctaFX was named the Best Forex Broker in Asia (2020), meaning that they are the best Forex broker in India, Malaysia, Indonesia, Pakistan, and elsewhere! To top it off, the best Forex app belongs to OctaFX as well, claiming that award back in 2018 when European CEO Magazine bestowed upon them that honor. These awards not only signify their respectability, but they denote an opportunity for potential clients to seek refuge with OctaFX and earn more.
Regulation
OctaFX is a global broker, who acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients.
Octa Markets Cyprus Ltd, a part of OctaFX, is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license â„–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).
OctaFX Mobile App
A mobile version is available via the app store, free of charge. In 2019, Europe CEO Magazine awarded OctaFX for the Best Mobile Trading App.
The app can used the same way as on desktop. You can modify your leverage, track your contest statistics, make money transfers, activate bonuses, and more. The user interface made the experience fun and easy to maneuver. The app supports nine languages in total.
Education
Whether you live in India, Indonesia or Pakistan, rest assured that OctaFX has you covered with daily expert trading advice along with educational insight.
OctaFX regularly holds webinars which are beneficial for those new to Forex trading and are determined to make a career out of it. While learning on your own is admirable, OctaFX works with big names in the industry and connects with their base through different mediums.
Copy trading
Several platforms offer services allowing newbies to copy professional traders. OctaFX’s program works in a similar way. In fact, according to Forex-Awards OctaFX is the ‘Best Copy Trading Platform 2020’. What makes OctaFX’s copy trading platform rise above the rest is the care they put into it.
Of course you can sort through thousands of Master Traders through the category that appeals to you most and read what they have to say about their trading strategies, but OctaFX goes a step further. They have in-house experts that closely monitor Master Trader’s and make sure they’re not engaging in risky trading behavior or misleading copiers.
Customer Service
OctaFX has first-class customer service, something other brokers could boast about. A representative is available to you 24/7 and they speak your language. When you consider how many countries OctaFX services, then it becomes even more impressive. Peace of mind may be the most underrated benefit, yet when you need an issue resolved, regardless of the time, OctaFX is there.
OctaFX Commissions & Spreads
OctaFX offers ultra tight spreads. The quotes at OctaFX are quoted at up to 5 decimal places and start from as low as zero pips for their ECN accounts. There are no commission charges applicable for trades with OctaFX.
Instrument Spreads (in pips)
EUR/USD Minimum 0.4 pips
GBP/USD Minimum 0.5 pips
AUD/USD Minimum 0.6 pips
USD/CHF Minimum 0.4 pips
EUR/JPY Minimum 0.6 pips
GBP/JPY Minimum 0.7 pips
NZD/USD Minimum 0.6 pips
OctaFX trading information
WWW
https://www.octafx.com/
Address
2 Devonshire Square, London, England, EC2M 4UJ
Headquarters
London
Free phone
+17844574224
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes
5
Minimum position size
0.01
Pip spread on majors
0.3-0.7
Spread Type
floating
Maximum Leverage
500
ECN, $
50
STP, $
Standard account, $
50
Mini account, $
5
Popular payment methods
Credit Cards, Wire Transfer, Skrill, FasaPay, Neteller, Local banks
Account currencies
EUR, USD
Available assets
Gold, Silver, Crypto, Indices
Languages
English, Indonesian, Chinese, Portuguese, Spanish, Bahasa Malaysia, Hindi, Bengali, Urdu, Vietnamese, German
Platforms
Metatrader 4/5, MT4/5 Mobile for Android/iPhone, cTrader, cTrader WEB, cAlgo
13/14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom
FxPro has been operating since 2006. For 12 active years, it confidently became one of the world’s leading Forex and CFD broker. An impressive list of more than 60 international awards is constantly being updated, and the number of loyal customers is increasing on a daily basis. FxPro is regulated by CySEC, FCA, FSB, DFSA, SCB. The commany offers a range of assets including CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies and cryptocurrencies.
According to an internal research, 70% of FxPro traders are ready to recommend the company to their colleagues and acquaintances. Such strong relationships are based on the absence of a conflict of interest. FxPro is an NDD broker, which means that all orders are executed without dealing intervention and with ultra-low latency data centres in London and Amsterdam. Our trading servers are co-located and connected to Tier-1 banks that provide liquidity through our proprietary aggregator Quotix.
As a result, we are able to offer the best ‘bid and ask’ prices possible in conjunction with dynamic leverage and 24/5 support.
FxPro Awards
By 2019, FxPro has gained 60+ international awards. The most recent ones include “Most reliable broker of the year” (2019, International Investor), “Most Trusted Forex Brand” (2018, Global Brands), “Best FX Broker” (2018, Shares Awards), “Best Forex Technical Excellence” and “Best Forex Trading Experience” (2018, UK Forex Awards).
Each prize is an appraisal of the hard work that’s been put in by developers and data analysts of the company. Their main task was to create flawless easy to use products that are in demand by traders around the world and they have exceeded all expectations.
FxPro Regulations
Clients who have been trading with FxPro for years are very familiar with our reliability, that’s backed by our 5 licenses of the world’s leading financial regulators and by our global presence in Cyprus, the Bahamas, Great Britain, Monaco, and Dubai.
FxPro Group Limited is the holding company of:
FxPro UK Limited, authorised and regulated by the Financial Conduct Authority (registration no. 509956).
FxPro Global Markets MENA Limited, authorised and regulated by the Dubai Financial Services Authority (reference no. F003333).
FxPro Financial Services Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and authorised by the Financial Sector Conduct Authority (‘FSCA’) (authorisation no. 45052).
FxPro Global Markets Ltd, authorised and regulated by the SCB (license no. SIA-F184).
Furthermore, traders from the UK and the EEA are protected under the Financial Services Compensation Scheme (FSCS) and Investors Compensation scheme respectively.
FxPro Trading Platforms
The company provides access to financial markets via 4 of the world’s most popular trading platforms. Clients can register trading accounts as well as a Demo account in … currencies with a leverage of up to 1: 500 and spreads from … on the following platforms:
MetaTrader 4
MetaTrader 5
FxPro cTrader
FxPro Edge
MetaTrader 4 (MT4)
MT4 combines an intuitive user interface with a customisable feature-rich environment. It provides everything a trader needs from chart assets, place orders, to managing of positions and creating algorithmic or manual trading.
Assets: Forex, Metals, Shares, Indices, Energies and Futures
No partial fills
EA trading facilities
Micro-lots available
MetaTrader 5 (MT5)
MT5 supports additional technical indicators, has an extended line of 21 timeframes, allows for up to 100 charts to be open simultaneously, and is also available in several versions, including a web-based platform which allows to trade without any software installation.
FxPro was honoured as the “Best MT5 Broker” twice (in 2015 & 2016 by the UK Forex Awards), and rightfully so, due to these available features:
A minimum deposit of $100
Assets for trading: Forex, Futures, Energies, Metals, and Indices
Instant and Market Execution
EAs supported
FxPro cTrader
The cTrader platform is the choice of our professional clients. It allows to view in-depth market information, optimize your trading, the platform has no requotes, and uses modern algorithmic strategies. Being ultra-fast and ultra-convenient, it offers spreads from 0 pips – this is our most advanced platform to date.
Spreads from 0 pips
In-depth market information
No restrictions on stop/limit levels
Full Market Execution
FxPro Edge (Beta)
FxPro Edge is the latest addition to our platform offering. It provides investors with a new way to trade the markets in the form of Spread Betting. It is a highly customisable web-based platform, which enables traders to place their orders without the need to download and install any additional software.
Spread Betting is only available to clients of FxPro UK Limited that reside in the United Kingdom. FxPro Edge (Beta) is available for all demo users.
Forex, Shares, Spot Indices, Spot Metals and Spot Energies
Limited Risk Account at no additional cost
No commission
Tight spreads
Tax-free (tax laws are subject to change and depend on individual circumstances)
All platforms are also presented as applications for Android and iOS. As well as that, FxPro offers various mobile tools that streamline trading experiences. By reducing unnecessary features and focusing on the essentials, we have created tools that put the client in the centre of the action with only their mobile device. These mobile apps allow traders to top up their accounts or open new ones, stay up to date with economic news and place market positions. A laptop is no longer needed to trade, as FxPro made it all possible directly via a mobile device.
Mobile applications
It is not a secret that the aim of trading is making profit, and the broker’s job is to create an environment where clients will not be distracted and will be able to quickly focus on making decisions, building their strategies accurately. To that end there are certain objectives that need to be met:
Convenience of trading;
Clients shouldn’t be concerned with non-market risks;
They should have all the necessary analytical tools at their fingertips.
Taking main industry trends into account, our team determined which elements of trading technology were used most frequently by our clients and created “FxPro Tools” – a very useful browser extension for Chrome, Safari, Mozilla and Opera. FxPro Tools offers real-time quotes, economic calendar, daily insights and analysis as well as FxPro Calculators that allow users to work out the required margin, pip value and swaps along with performing live currency conversions.
The desktop version is available at fxpro.com and the mobile applications for iOs and Android are available for download on your mobile device.
Another high-end application is “FxPro Direct” – the trading account management app. At its core is the FxPro Wallet, which keeps the clients’ funds from participating in the trading process and safe from market risks. It can be topped up via a Bank Transfer, Neteller, Skrill, NganLuong or Bank Cards. All these payment methods have 0% commission.
Both mobile applications are connected by internal easy-to-use transition buttons.
FxPro Trading Conditions
Our clients can trade 270+ assets:
70 currency pairs – the most popular instruments involve major global currencies and experience the highest trading volumes as well as liquidity;
55 shares of the major American, British, French and German companies;
20 futures – instruments that allow speculations on a wide range of commodities, indices, and energies;
24 spot indices – each one is a combined value of global companies’ stocks;
7 spot metals, which offer new trading opportunities;
All these assets are presented as CFDs (Contracts for difference) – a derivative instrument that allows traders to speculate on the changing values of the underlying assets without having to take ownership of them.
On all our platforms, we offer:
competitive floating spreads;
no commissions on MT4/MT5 accounts;
a variety of low rates;
special MT4 Fixed Spread account.
cTrader accounts have a commission of $45 for every $1’000’000 traded. Nevertheless, even with the commission charges, the spreads are extremely competitive:
As previously mentioned, FxPro Wallet is a top-notch money and risk management tool. One can transfer funds between FxPro Wallet and trading accounts anytime, keeping the remaining balance safe from unexpected market movements, but at the same time always available for trading.
Payment methods
Bank Transfer, Broker to Broker, Visa, PayPall, Skrill, Neteller, NganLuong Union Pay
FxPro Bonuses & Promotions
Note that FxPro does not charge for bank wire transactions. However, the banks may charge a commission in accordance with their fee structure. All clients’ funds are protected by 2 separate compensation schemes.
Due to current regulatory requirements, FxPro does not offer any kind of bonuses or promotional offers. We believe that confidence in a broker, certification of its legal activities and impeccable reputation is far more important than a potential virtual bonus that merely encourages gambling and impulsive behaviour, rather than rational and well-informed decisions.
Global collaborations
FxPro has invested approximately $121,000,000 in sports partnerships and various sporting events. Amongst others, we have sponsored three “Formula1” teams, four major league international football clubs, two rally championships and more than 22 other sporting events. We are incredibly proud to be involved in a wide range of collaborations with similar-minded people who share our ambition for development and growth. FxPro has been the official partner of the McLaren F1TM Team since 2018, official and main sponsor of Watford FC since 2017 and has been in partnership with Yacht Club de Monaco since 2016.
Pros
4 trading platforms
270+ trading instruments
5 international licenses
24 customer support languages
Spreads from 0 pips
Cons
No promotional bonuses
FxPro trading information
WWW
https://www.fxpro.com/
Address
13/14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom
Alpari is one of largest and most experienced forex brands in the world. The brand has over 2 million clients in the world, operates from 8 different countries and offers its services in over 10 languages. Alpari is regulated by FSC Mauritius. The company offers Gold, Silver, Bitcoin and currency pairs for trading on MetaTrader 4 and MetaTrader 5 platforms. With its dynamic new broker Alpari International, you’re trading with a global broker that is second to none.
Alpari International works day and night to sustain a trading environment that helps everyone access the markets – from first-timers to those who’ve turned trading into a career. The perfect example of this is in the kind of spreads it offers – which is the first thing every serious trader looks at. For the EURUSD pair, for example, Alpari International offers 0.9 on Standard accounts and an incredible 0.1 on ECN accounts. That’s super competitive against some of the biggest brokers out there.
Its broad range of services enable you to get the best guidance, advice and resources to potentially build a richer future. Alpari International provides a forex trading environment that is trustworthy, reliable and technologically advanced, while ensuring every client receives impeccable customer service.
Specialised help and knowledge when you need it
Clients are Alpari International’s number one priority, which is why they have experts available to answer all your questions by phone, email and live chat in a wide variety of languages.
Entry to the financial markets for everyone
With Alpari International, you have everything you need to start trading forex, metals, cryptocurrencies and commodity futures CFDs. Benefit from trading tools, interbank liquidity, advanced trading platforms and financial news to help you on your way.
Flexible trading options to suit your needs
Smart investment means having a variety of options. With Alpari International, you can trade and invest the way you want to, by choosing independent trading or joining Alpari Copy Trading and following strategies from experienced traders. With its Loyalty Cashback program, you can also get back part of your funds on different types of commission. Regular promotions, like extra credit on your deposit, help you to make the most out of your trading potential.
FXTM is a CySEC, FCA, IFSC regulated forex broker offering for trading Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, Cryptocurrencies and standard and ECN accounts. FXTM works from 2011 and has firmly established itself as a global broker. FXTM offers trading on MetaTrader4 and MetaTrader5 terminals with maximum leverage 1000:1.
The FXTM brand was launched in 2011, with a unique vision to provide unparalleled trading conditions and all-encompassing educational tools for clients in the forex industry.
In the course of just a few years, FXTM has firmly established itself as a global broker; basing its entire philosophy around the most precious commodity of all: time. By valuing the time of its clients, business partners, and team of dedicated professionals, FXTM ensures that its trading and investment products and services are efficient, effective, and reliable.
Boasting one of the most expansive and detailed educational centers in the business, this client-centric broker is passionate about empowering its clients with trading knowledge so that they get the most out of their trading experience. With multiple industry awards under its belt already, including a total of seven just in 2015, FXTM continues to grow and build respect as a major leader in the industry.
Disclaimer
ForexTime Limited, ForexTime UK and FT Global Limited share the same brand name, FXTM. ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. Forextime UK Limited is regulated by FCA with license number 777911. FT Global Limited (www.forextime.com) is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM.
Leverage is offered based on your country of residence, knowledge and experience.
Bonuses and promotions are offered based on your country of residence while terms and conditions apply.
Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, *Cryptocurrencies are only available in FT Global Limited; *NGN are only available to Nigerian clients