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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

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