The Market Watch window with two tabs is on the left of the charts. The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs. Below this is the Navigator window, where traders can view their account(s), indicators, and Expert Advisors. We measure success by the cost-effective trading conditions we provide and by success stories our traders share. Use the Octa economic calendar to find an upcoming news release and analyse how it might affect the price of a certain asset.
What is the minimum deposit for Octa?
It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
Enjoy real market conditions
That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts. The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes. MetaTrader 5, or MT5, is a next-gen multi-asset trading platform that will replace MT4 in the very near future. Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing.
Japan likely spent JPY3.37 to JPY3.57 trillion for July 11 Yen intervention – BoJ data
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven https://limefx.club/ advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Octa is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled Octa to continue to expand its products and services.
years in the market
You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading. As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions. Automated trades are also executed much quicker, leading to a decreased chance of slippage.
- MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS.
- Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability.
- Check out my picks for the best mobile trading apps in the industry.
- The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts.
MetaTrader 4 free trading software
This electronic trading platform is used by new and experienced traders alike. It’s trusted by individual investors, introducing brokers, and trading companies. It is flexible enough to implement both simple and highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies. We do not limit the array of assets available on demo accounts—trade anything you like and diversify your skills. The actual list of available trading instruments is specific to each trading platform.
The account works like a real account, except it allows you to trade with virtual funds rather than real money. Experienced traders often use MetaTrader 4 demo accounts to test new trading strategies before using them in real trading. MetaTrader 5 (MT5), besides simply offering more than MT4 does, also includes features and trading functionalities that are better than many other online trading platforms available today. With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options.
With the Octa trading app, you can invest in currencies right on the go. The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. Space is a unique live feed designed by Octa to get you fresh trading ideas right in the OctaTrader trading platform. Learn about the current trends for different pairs from the Octa experts and open orders on the same screen to save time and effort. The focus is on making trading easy and more profitable for traders.
To maximise your profits, learn about trading sessions and adjust your orders accordingly. We strive to offer the best trading conditions on the market to make trading easier and more profitable for our traders. Scalping allows traders to take profit opportunities even when the price changes are very small.
Here you can find all the most crucial Forex trading tools in one place. Use this page to see which trading sessions are currently open and check the exact trading hours for every available asset. Learn about the next important event that can affect market prices and check live quotes for major currency pairs with this simple trading helper.
Watch the videos attached to understand how to deposit into your LimeFX account and verify your LimeFX account with the required documents. Founded in 2011, Octa (formerly LimeFX) is part of a group of global entities, which include Octa Markets LTD (based in the island of Mwali) and Octa Markets Cyprus Ltd (based in Cyprus). Octa also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Octa’s market research is well organized and varied in its content. Rather than specializing in any one field, Octa provides a wide assortment of content types.
Octa (formerly LimeFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. Make a deposit via Octa trading app or on our site and we’ll give you a 50% bonus, which you can manage directly in our app. Use it to open trades of a higher volume for more profit potential. 50% bonus applies to your margin and allows you to perform bigger trades. Keep trading so you can withdraw your bonus funds—you will get the payout automatically. MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS.
At Octa, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind. We also offer educational materials and MT4 demo accounts for all traders, letting them practise in a risk-free environment. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. MT4 opens with four charts by default, each representing a unique currency pair.
We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. To practise your trading skills scammed by limefx safely, try opening a risk-free Forex demo account before creating a real one. With the Octa demo account, you get a full trading experience while using only virtual funds without risking any real money.
Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques. The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. They analyse quotes from financial instruments allowing traders to execute the most profitable trades.