Reviewed broker: OctaFX
Established in 2011
Location: St. Vincent and the Grenadines
Operating under: Octa Markets Inc. (St. Vincent and the Grenadines)
Regulation: FCA UK
ECN: yes
Recent awards in forex industry: Best Trading Conditions 2016 by Forex Report Magazine, Most Transparent Broker 2016 by European CEO Magazine, Best STP Broker 2016 by Forex Report Magazine
Minimum deposit requirement: $100
Demo account: yes
Account types: micro, pro, ECN
Interbank liquidity: yes
Educational material: Market news and research, convenient economic calendar
Payment methods: Credit Cards, Skrill, CashU, wire transfer Perfect Money
Trading platforms: Metatrader 4, Metatrader 5, cTrader
Islamic swap-free accounts: available
Spreads start from 1.1 pips
ECN spreads start from 0.4 pips plus $6 commission per standard lot
Maximum leverage is up to 1:500
Minimum trade size: 0.01
Scaling: allowed
Hedging: allowed
Expert advisors: allowed
Promotions and bonuses: 50% bonus one each deposit, demo trading contests
Customer support: online chat, phone, whatsapp, email