OctaFX Discussion

Round 40 of OctaFX cTrader Weekly demo contest showed the outstanding skills and ample experience of Indonesian traders: this time, all the winners happened to be from Indonesia! Let’s welcome five traders who were the greatest in the latest round of cTrader Weekly demo contest:

• 1st place with the award of $150 goes to Mr. Ariyanti from Indonesia.
  
• 2nd place with the award of $100 goes to Mr. Hafiz Mirsada from Indonesia.
  
• 3rd place with the award of $75 goes to Mr. Endang Sudiarto Sudiro from Indonesia.
  
• 4th place with the award of $50 goes to Mr. Cucu Hasan Sadikin from Indonesia.
  
• 5th place with the award of $25 goes to Mr. Aris Triyono from Indonesia.
  

Taking your chances in OctaFX cTrader Weekly demo contest is not as hard as you can imagine. Just register a demo account to take part in the next round and join the competition! Participating in cTrader Weekly demo contest is completely risk-free: you don’t have to use your personal funds to trade, but you get a chance to receive real prizes. If your trading week is successful enough, you get as much as $150. Register to try the convenient cTrader platform and get your money prize at no cost!

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Time flies, so here are another week’s results of OctaFX cTrader Weekly demo contest. Let’s welcome five more winners and five more valuable prizes that were given to the most skillful traders of Round 41 of cTrader Weekly demo contest:

• 1st place with the award of $150 goes to Mr. Yudi Indra Lesmana from Indonesia.
  
• 2nd place with the award of $100 goes to Mr. Ferry Nugroho from Indonesia.
  
• 3rd place with the award of $75 goes to Mr. Mohd Hafsham Hashim from Malaysia.
  
• 4th place with the award of $50 goes to Mr. Brian Thabiso Mmiroa from South Africa.
  
• 5th place with the award of $25 goes to Mr. Subagyo from Indonesia.
  

OctaFX cTrader Weekly demo contest offers a unique opportunity to boost your trading confidence by testing your skills and advancing your Forex experience. OctaFX cTrader Weekly demo contest is a risk-free option for those who prefer to stick to demo accounts and to trade without any losses yet win some real money. Competing with other contestants, you don’t just trade - you learn how to excel. So join the contest now to participate in the next round and to get the first prize!

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OctaFX is happy to announce the new winners of Champion demo contest! Let’s congratulate the traders:

• 1st place with the award of 500 USD goes to Mr. Kariyanto Kariyanto from Indonesia
  
• 2nd place with the award of 300 USD goes to Mr. Noor Ul Amin from Pakistan
  
• 3rd place with the award of 100 USD goes to Ms. Ledi Manullang from Indonesia
  
• The last runner in the contest, Mr. Abd Hadi from Indonesia is granted 100 USD
  

Do you want to learn how to trade so that you keep winning? Just read these success tips from our best traders!

1st place - Mr. Kariyanto Kariyanto from Indonesia

I’ve been trading with OctaFX for a long time, and finally my time has come! I’m the first winner! I’d like to express my gratitude to OctaFX for this opportunity. Honestly speaking, I’m learning on the go: in the past, I was spending a lot of time on trading (not always successful enough), but now I just wait for the right moment to trade, so there’s not much time consumed. Since I’m more successful now I believe I will go on participating in OctaFX contests. Who knows, may be I’m in a winning streak at the moment. I think my success is patience, being precise in using the market moment and determination. Also, I like to take all the trading opportunities. The more I take advantage of the opportunities, the greater my chance for victory. Yes, I suffered huge losses in the past, because I was (and I still am) a newbie, but I hope I’m learning faster and faster. I’ve been trading for 5 years and I’ve got some thrilling experience that I hope will help me in the future trades.

2nd place - Mr. Noor Ul Amin from Pakistan

First of all, I want to thank OctaFX for organizing such a thrilling contest. It’s great that you can challenge yourself and trade in a competition with others! As for me, I’m not a full-time trader: I have a regular job, and trading is a hobby for me. I trade from time to time whenever I’m free. I’m considering participating in some other contests that OctaFX organizes, maybe I’ll go and pick more than one. OctaFX has quite a wide range to choose from. My key success factors are hard work and concentrated analysis of the market. I guess these were the reasons I got one of the prizes in this contest. I don’t use any kind of EAs or other indicators; the only strategy that I use is my own strategy. Most of my trades were profitable this time. However, one of the trades was a loss of more than 6000, but then I got a profit of 6290, so I basically got the lost money back. According to my experience, learning as well as practical work take around 6 months to become a good trader.

3rd place - Ms. Ledi Manullang from Indonesia

If you ask me what I feel, I can say I’m super happy! I trade when I have a couple of minutes of free time so I’m not too an involved trader. I’ve never thought I’d become a winner one day, but here I am! I will continue to participate in the next rounds even after this success. When I trade, I’m optimistic and confident - this is the best state that you can imagine for trading. I’m also patient to wait for the right moment, I’m not pushed by emotions. I got a spectacular profit for the first time in this contest, no losses occurred! Speaking of experience… My best guess is that the time that you have to spend to become an exceptional trader is unlimited. A good trader is willing to learn from experience without being too impatient.

The last runner in the contest - Mr. Abd Hadi from Indonesia

I’m a beginner Forex trader. Although I failed this time, I’m happy to get a consolation prize of $100. I learned a lot from the experience of this contest, ranging from the strategy to the calculation of the lot. My failure makes me even more motivated to try harder, to learn more about the market and to study technical analysis and fundamental basics. Of course, now I’m enterprising and determined to learn how to be a successful trader. Together with OctaFX, I believe that behind the failure there is the success. I hope next time I will no longer experience failure, and maybe it will take 2-3 months to become a better trader. Once again, thank you very much, OctaFX.

OctaFX Supercharged real contest lasted for 1.5 years and now it’s time to unveil the winners! 3179 traders took part in this fierce competition that comprised 20 rounds plus the exciting finish line, and OctaFX team would like to thank all the traders who took part in this contest. We are happy to announce the winners and grant the following prizes that we have prepared:

1. Tesla Model S, an all-electric powerful hatchback goes to Syed Yazid from Malaysia
   
2. BMW i3, an urban electric model goes to Chin Heung from Hong Kong
   
3. Renault Twizy, a battery-powered electric city car goes to Budi Santoso from Indonesia
   
4. The latest Apple iMac goes to Daniel Abella from Spain
   
5. The latest Apple MacBook Pro goes to Satriya Agung Wibowo from Indonesia
   
6. The latest Apple Macbook Air goes to Erwin Agung Prasetyo from Indonesia
   
7. The latest Apple Mac Mini goes to Motie Hayajneh from Jordan
   
8. The latest Apple iPad goes toJia Qi Guo from China
   
9. Apple iPhone 6splusgoes to Dira Septria Dwi Sari from Indonesia
   
10. Apple iPhone 6sgoes to Yohanes Prayoga from Indonesia
    
11. 
    

During the contest, OctaFX also awarded 20 iPhones 6s’ to the monthly round winners.

For the details on the contest, visit the Supercharged real contest results page and watch the video to witness the winners announced. Stay tuned to read the success stories of the winning traders!

OctaFX hopes that you enjoyed participating in Supercharged real contest. Stay tuned to know about our new contests and promotions first!

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Round 43 of cTrader Weekly demo contest is over, and it means that it’s time to announce the new winners! Five skillful trades shared the weekly prize fund of $400, and here is the victorious list:

• 1st place with the award of $150 goes to Mr. Asim Maqsood from Pakistan.
  
• 2nd place with the award of $100 goes to Mr. Abdurrazak Said from Indonesia.
  
• 3rd place with the award of $75 goes to Mr. Nur Endah Solekah from Indonesia.
  
• 4th place with the award of $50 goes to Mr. Abdul Hameed from Pakistan.
  
• 5th place with the award of $25 goes to Mr. Naglaa Mansour from Egypt.
  

If you’ve never traded on cTrader platform, it’s high time to test its unique features such as:

• Mobile trading (mobile browser or iOS/Android app);
  
• Direct Market Access brokerage capabilities;
  
• Algorithmic trading with cAlgo;
  
• Full-size tick chart;
  
• Creating and sharing screenshots automatically;
  
• Reversing/doubling position in one click;
  
• Closing all open positions in one click.
  

Ready to test your trading skills and take one of the prize places? Then open a demo account to participate in the next cTrader Weekly demo contest round!

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OctaFX would like to inform you of the changes in the trading hours of XAU/USD and XAG/USD on US Memorial Day May 30. Trading closes Monday, May 30, 2016 at 20:00 (EET, Server time) and reopens Tuesday, May 31, 2016 at 01:00 (EET, Server time).​

Here is the timetable for your convenience:

Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day.

We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to [email protected]

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It is high time to follow OctaFX Official on Google+. Support your reliable and proven forex broker!

We use various social media channels to provide out traders and followers with the latest updates. Google + is growing rapidly and we aim at catching up with the trends!

Follow us on Google + and support us in keeping up with tendency!

Risk notice: your capital is at risk

Dear traders!

OctaFX wants to congratulate all Islamic traders with Ramadan – the holiest and long-awaited holiday in the Muslim calendar. Ramadan is a time for spiritual reflection and self-devotion. It is one of the most important days of the year for Muslims.

OctaFX wishes the spirit of Ramadan fills your days with happiness and love.

May Allah, the almighty, enlighten you and bless you with peace and grace. This divine holiday will bring happiness to your home and lead you to the right path. Be respectful and thankful for everything! And may this Ramadan remind you to forgive and forget.

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Another Round of OctaFX Champion demo contest is over and we are happy to announce the winners! Here they are:

• 1st place with the award of 500 USD goes to Mr. Alexander Lukyanchikov from Ukraine
  
• 2nd place with the award of 300 USD goes to Mr. Zainal Abidin from Indonesia
  
• 3rd place with the award of 100 USD goes to Ms. Zunairoh Zunairoh from Indonesia
  
• The last runner in the contest, Mr. Alfredo Martinez Martinez from Spain is granted 100 USD
  

What strategy to choose? Is it a bad idea to put all eggs in one basket? Should you choose a single currency pair or to trade with a few of them? Can an old dog learn new tricks? Is the risk inevitable in Forex? If you are ready to get the answers to these questions, read the success stories of our winners:

1st place - Mr. Alexander Lukyanchikov from Ukraine

Thank you for congratulations! I’m happy to share my contest experience. Have you seen my avatar? I’ve been using it for a few years. It shows the goal that I was pursuing: at the beginning, I was looking in the mirror; now I’m looking out of it. I achieved one of my life goals and I’m happy. On July, 2nd, I’ll turn 65. Thanks to OctaFX, I made myself an anniversary gift. Judge for yourself: my Ukrainian pension equals to $51 a month. It’s a bit more than $600 a year.

I’ve been trading for 8 years and now I’m sure that choosing one currency pair is much better than watching a few pairs’ trends. If you work with just one currency pair, all your funds are localized, it’s easier to manage and control them. However, it may conflict with the idea not to put all eggs in one basket. My strategy is not that good with the sideways trend, but it was perfect with the May AUDUSD trend. In the second part of the contest I started making mistakes, so I tried hedging, and when I realized what my mistake were and I got profits.

I don’t spend all my time using this strategy: when I can’t predict the further movement, I wait for a couple of days to see the trend clearer.

The key factor of my success can be perfectly described by a quote by Mark Douglas:

“When asked for their secrets of success, they categorically state that they didn't achieve any measure of consistency in accumulating wealth from trading until they learned self-discipline, emotional control, and the ability to change their minds to flow with the markets. First, I want to point out that self-discipline, emotional control, and learning to change one's mind after making a commitment are all psychological issues that have nothing to do with news services, advisory services, new exchanges, or technical or fundamental trading systems - computerized or not. Second, from my trading experiences, observations, and research, I have discovered that all traders - both winners and losers - seem to share some very common experiences. Either in the beginning or at some point early in their trading career, all traders experience confusion, frustration, anxiety, and the pain of failure. The few-traders who pass through this phase to accumulate wealth are those who eventually confront and work through some very difficult psychological issues about what it means to be a trader, and this process of realization and change normally takes several years, even for the best of them. … There is some element of truth to the saying that you can't teach an old dog new tricks, except that it should really read "An old dog won't learn new tricks". It's not that it is impossible for someone regardless of their age to learn something new; the issue isn't ability.”

2nd place - Mr. Zainal Abidin from Indonesia

I am very glad to get second place this time, all my efforts paid off! Time that I use to trade is around 3-4 hours per day. I try to be as disciplined as I can without to much greed. That's the key to my success. And the strategy that I use is SR and MM. I've been trading for about 2-3 years and I am determined to improve my ability to be better. Thank you, OctaFX, for already appreciating my trading skills!

3rd place - Ms. Zunairoh Zunairoh from Indonesia

I’m happy like never before! It’s great to become one of the winners. I didn’t spend too much time trading but, anyway, I was deeply involved. Now I’ll take a short break and won’t trade for some time not to dull the edge of the winner’s pleasure. Then, I will surely go on competing again. I firmly believe that it’s experience that teaches us to be better and to do better. Preferably, 3 years or more - that’s enough to become quite a pro in trading. Experience and patience are the key elements in successful trading. As far as my experience says, the existing Forex data doesn’t necessarily affect the chart, so my advice is not to believe the data blindly. This strategy has always helped me, especially when I got 100 pips in a single transaction.

The last runner in the contest - Mr. Alfredo Martinez Martinez from Spain

I plan to considerably improve my performance in the next round of the contest. I learn a lot when I trade, so this time I learned that it’s rather dangerous to trade with the high leverage, especially if it’s all about the highly volatile assets. Anyways, to win the contest, you have to accept this risk, and risk means losses but also higher gain. Very large gains are needed to qualify for any prize position in the contest.

I didn’t use stop loss this time in hope that the asset would spin in my favor, but the trend was the opposite. As the leverage was very high, it was really quick. This is a contest, so I didn’t lose any real money; I became the last runner which is not so bad considering the prize. So this contest, is anyway, worth accepting the risk. No risk - no gain.

During the contest, I was continuously monitoring the market with periodic checks (every 3-4 hours). At first I got very good yields, but at the end of the first week my balance turned negative. However, my most successful operation was Buy with EURCAD. My favorite tools were Crossing Moving Averages and Awesome Oscillator.

I guess time is different for each person and their circumstances, but I’ve been trading for two and a half years trying many things, and I think I'm close to being a good trader. Now what I need to do is to trade for some time on a demo account just for the sake of practice.

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Football is a big part of our society and is world-recognised as a universal sport in many countries. It educates and inspires people of all ages, brings people and communities together.

OctaFX, in conjunction with the Saints Foundation, Southampton FC kindly donated pitch playing time for a lucky group from the Fustal programme. We are helping to enable young people to gain an education while playing the sport.

The Saints Foundation’s Futsal and Education Scholarship was created in 2011 and started with 16 scholars. The course now has 76 full-time scholars, including the club’s first ever girls’ team who are currently fourth in the league.

OctaFX has recently helped facilitate the opportunity for a group of young people to play within Saint Mary's stadium. An experience such as this has given these young people a much deserved reward and morale boost for all their hard work, during their past 2-years of study. On the day, a great game was played by both teams and the players enjoyed the event immensely.

This combination of studying and playing sport has proved incredibly successful, with former students now undertaking football scholarships in the US, university study in the UK, and work opportunities with the Saints Foundation itself.

Many students from the group that played have been accepted to universities. The group who play at Saint Mary's stadium on this day were also crowned FLT Fustal League 3 and League 4 National Champions as well as League 2 runners up.

As the scholars come to the end of the year they will be working hard to complete their studies before they go to compete in the FLT Futsal National Finals for the last time.

OctaFX is proud to be associated with the Saints Foundation as they are encouraging the youth of today to aspire through sports education, ensuring a brighter future.

The “Brexit” vote, taking place on the 23rd of June this year, on whether or not there should be a British exit from the EU, is an important day to be aware of for OctaFX customers.

OctaFX is responding to the increasing probability that there could be some changes in the currency markets, therefore, OctaFX will update its trading conditions.

Due to the Brexit vote, OctaFX will increase margin requirements on all pairs, that include British pound (GBP) and the Euro (EUR), starting from June 23rd until June 27th. The margin requirements are going to be increased to 1 per cent on the GBP pairs (1:100) and to 0.5 per cent on the EUR pairs (1:200). On the day of the referendum, June 23rd, margin requirements on the British pound pairs can be increased to 2% (1:50).

This vote is something that traders and markets cannot ignore.

Also, please be aware that there are always potential risks, OctaFX would like you to make you aware that the requirements can be changed depending on market volatility.

At OctaFX we are happy to support sports education and foundations, that help make a difference to the lives of people with disabilities.

That’s why we, at OctaFX, are proud to call ourselves a socially responsible company that offers support to disabled people. One such foundation that we aid is the Bali Sports Foundation (BSF), that helps disabled sportsmen in Bali and East Indonesia partake in various sports. We support 3 sports, on behalf of the BSF:

• Wheelchair Basketball
  
• Wheelchair Rugby
  
• Disabled Sailing
  

Through our time and effort of volunteering for the BSF, we are very happy to announce the recent purchase and donation of a Hansa 303 para sail boat worth $10,000, for the BSF sailing programme. This sail boat will enable many disabled people, in the region, to develop skills that otherwise would be hard to attain.

The BSF helps improve the lives of many people living with disabilities in Bali and East Indonesia. The BSF focus on disabled, special needs and adaptive sports. The foundation runs many programmes for autistic, cerebral palsy, blind, deaf mute and amputee youths. Parasailing is just one of the many sports run by the BSF for disabled people.

The foundation endeavours to make sporting provisions for the disabled and bring together the Indonesian Ministry of Health, Ministry of Youth and Sports, Ministry of Education along with national sports federations and the Paralympic committee, to provide opportunities for disabled sportsmen and women.

The parasailing boat is currently being used within the BSF and will be seen in action in the up and coming Bali International Disabled Sailing Regattas on September 8th – 12th September 2016.

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OctaFX would like to let you know that company’s financial position has not been negatively affected due to today’s market volatility caused by Britain’s decision to leave the EU.

Both outcomes of the referendum were carefully studied by our experts, therefore high volatility came as expected. In order to prevent any additional risks occurrence we have taken measures to protect our clients’ interests in advance, increasing margin requirements.

OctaFX remains fully reliable and solvent facing significant market moves caused by Brexit. Thanks to the advanced risk management procedures and extensive experience in operating under volatile market conditions OctaFX has managed to minimise the risks associated with the event.

In case you have any questions, don’t hesitate to contact our award-winning Customer Support:[email protected].

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1. Register with OctaFX by opening an account.

Having an account allows you to access your personal area on our website and to trade with OctaFX. Once registered, please check your email to find out your personal area login details and trading account credentials.

Personal area login details will allow you to manage your funds, get bonuses and take part in our promotions, while trading account credentials are used to access trading platform.

2. Make a deposit.

Login to your Personal area to make a deposit. At OctaFX you can start trading with a minimum of $5 although the initial deposit can be higher. According to Risk Management strategy, the more funds you have, the less risks you are exposing yourself to on a particular trade.

We don’t charge any commissions on your deposit and our withdrawal systems work efficiently to help you withdraw your profits.

3. Sign in to the web based platform.

The web based platform requires no installation and allows you trade from any device anytime. To sign in, click File->Login, enter your account number into “Login” box, along with your trader password that was sent to your email address into the “Password” box and select OctaFX-Real, if you sign in with a real account. Alternatively, you can trade from your desktop, iOS or Android device.

4. Click “Buy” or “Sell”

The web based platform requires no installation and allows you trade from any device anytime. To sign in, click File->Login, enter your account number into “Login” box, along with your trader password that was sent to your email address into the “Password” box and select OctaFX-Real, if you sign in with a real account. Alternatively, you can trade from your desktop, iOS or Android device.

OctaFX would like to inform you of the changes in the trading hours of XAU/USD and XAG/USD pairs only, on Independence Day, July 4th.

Trading closes Monday, July 4th, 2016 at 20:00 (EET, Server time) and re-opens Tuesday, July 5th, 2016 at 01:00 (EET, Server time). Below is the timetable for your convenience:

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Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day.

We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to [email protected]

The results of Round 52 of OctaFX Champion demo contest are here, so let’s meet some and congratulate our recent winners who shared the prize fund of $1000. They were happy to share their keys to success and secret techniques. Let’s welcome these traders:

• 1st place with the award of 500 USD goes to Ms. Nur Maid from Indonesia.
  
• 2nd place with the award of 300 USD goes to Ms. Nur Hasyim from Indonesia.
  

Do you want to learn how to trade so that you keep winning? Just read these success tips from our best traders!

How to win if you take part in the contest for the first time? Should you follow the news or the instincts? Should you trade during high volatility times? Learn the answers from the success stories of OctaFX champions:

1st place: Ms. Nur Maid from Indonesia

Thank you for your kind wishes! I am very happy to be in the first position this time, because of the efforts that I've done so far, finally bearing fruit! I trade every day and also will try another contests.

The key to my success is patience and the strategy that I used is SnD and good MM. I have been trading for the past 6 years and I am determined to improve my ability to be better. Thanks to OctaFX who have appreciated my trading skill!

2nd place: Ms. Nur Hasyim from Indonesia

I´m very proud and happy. I didn't spend a lot of time doing this. I will participate in future contests and other promotions while continuing to learn and how to trade, probably because I've been using MM wisely.

The strategy I used is reading the area of supply and demand, therefore I could predict where the market will move. Could I win the contest - no, because I only use the little money I have, to learn about trading. Traders need to learn to be patient.

Are you ready to try the OctaFX Champion demo contest yourself? It just takes a few moments to join our fantastic contest. Just register here and accept the challenge!

The new MetaTrader 5 trading platform is designed to offer practice at brokerage services to customers in Forex, CFDs and Futures, along with equity markets. That's why we would like to announce that we are offering this version of demo trading along with our established demo accounts, for our customers.

Demo accounts allow the opportunity to work in a training mode without real money, allowing users to test a trading strategy. They offer all the same functionality as the live ones. The difference is that demo accounts can be opened without any investment and, therefore, a user does not profit from them.

It is a powerful demo platform for Forex and Exchange markets. With this platform, it offers the best demo trading platform, thus enabling you to practice execution of trades.

The MetaTrader 5 application features netting and hedging systems, 31 technical indicators, 23 analytical objects, one-click-trading and the entire set of trading orders. The program interface has been translated into 41 languages making it a truly international platform for web traders around the world!

Millions of users from around the world have chosen MetaTrader 5 demo trading as it allows you to enjoy the independence of practice without any risks.

The application is a mixture of the key advantages of the desktop platform with the handiness of the cross-platform nature of the web terminal. MetaTrader 5 can be applied to the following:

● MetaTrader 5 demo for PCs, smartphones, and tablets or launch the web platform - Rich trading functionality with fundamental and technical market analysis.

● MetaTrader 5 demo for iPhone and iPad - Over a million users of Apple devices have already downloaded MT5 demo mobile to practice trading Forex, Stock and other securities.

● MetaTrader 5 for Web Trading - Allows you to practice trading on the Forex and exchange markets from any browser and operating system.

● MetaTrader 5 for Android - Download MetaTrader 5 demo on your Android OS smartphone or tablet.

Successful practice trading on financial markets begins with a comfortable and multi-functional demo trading platform.

We are happy to announce a deposit option that has been highly requested by our Indian customers. We’ve recently launched Indian local bank deposits and you are free to deposit and withdraw your funds easily using the following banks:

● AXIS

● HDFC

Here is a detailed instruction how to deposit to your account:

1. Open a real OctaFX account or Log in to your personal area.

2. Choose Indian banks in the “Deposit my account” section.

3. Choose “Wire the funds” and find OctaFX bank details.

4. Make a transfer to OctaFX bank account. The minimum deposit amount is 500 Indian rupees

5. Press the “Notice after transfer” button.

6. Create the “Notice” and specify the amount of the deposit, your payment method, time of payment and your bank name.

7. Press the blue “Request” button.

8. Wait until the request is processed.

9. Done, your account is credited!

We offer the best exchange rates as per central bank. We would like to remind you that we charge no commissions! The minimum deposit amount is only 500 Indian rupees.

In case you have any questions, please don’t hesitate to contact us.

The results of Round 53 of the OctaFX Champion demo contest are out, so let's meet and congratulate our recent winners who shared the prize fund of $1000. They were happy to give us their insights into their trading methods and successes.

● 1st place with the award of 500 USD goes to Mr. Indra Sakti Laksana from Indonesia.

● 2nd place with the award of 300 USD goes to Mr. Ibnu Hajar from Indonesia.

● 3rd place with the award of 100 USD goes to Mr. Budiman from Indonesia

● The last place is Ms. Insana from Indonesia who has won 100 USD

To gain some more insight and tips - just read the following interviews from our successful traders!

1st place: Mr. Indra Sakti Laksana from Indonesia

I am very happy to be a winner with OctaFX. I do not spend a lot of time trading, but it takes a lot of concentration to keep up with all the participants. I will take part in every contest whenever possible to practice and focus more. Within trading I use a combination of various analyses of the current price conditions. I have not experienced anything spectacular but it depends on the individual trader.

2nd place: Mr. Ibnu Hajar from Indonesia

I am very happy to be involved in the contest although I did not spend much time trading.

In the coming months I want to improve my trading knowledge and experience. My plan is to take part in the contest more often after my recent success to improve my chances of winning. Being disciplined in money management is important to trade well. My advice to help you trade better is that you need to see the bigger trading picture. I did not use many techniques, just the Bollinger Bands (BB). It has taken me approximately two years to develop a good understanding of the best strategies.

Bollinger Bands - this is a member of the “Trend” family of technical indicators within Forex trading. Traders use the bands to anticipate increases or decreases in volatility that can signal trend changes.

Last place: Ms. Insana from Indonesia

My plan is to do better in order to achieve better results. This experience has been a lesson for my trading skills. I normally do not spend a lot of time trading as I do it in my spare time. My most successful trade has been a profit of $1159.20. I used BBMA or Bollinger Bands (BB) when I traded recently. To be a good trader and knowledgeable, takes approximately two years I think.

It just takes a few moments to join our fantastic contest. Just register here and accept the challenge to be in with a chance to win!

Round 50 of cTrader Weekly demo contest is finally over, and it's our pleasure to announce the brand new winners of the contest!

Five skillful traders share the weekly prize fund of $400, and here they are:

• 1st place with the award of $150 goes to Mr. Dony Fitrah from Indonesia.
  
• 2nd place with the award of $100 goes to Mr. Rizwan Ahmed from Pakistan.
  
• 3rd place with the award of $75 goes to Mr. Grigoriy Danilov from Uzbekistan.
  
• 4th place with the award of $50 goes to Mr. Kirit Rupala from India.
  
• 5th place with the award of $25 goes to Ms. Sri Wahyuni from Indonesia.
  

The cTrader Weekly demo contest offers the ideal chance to win one of our valuable prizes while offering a risk-free option in demo trading. If you’ve never traded on cTrader platform before, it’s now your time to test its unique features such as:

• 
  
• Mobile trading (mobile browser or iOS/Android app)
  
• Direct Market Access brokerage capabilities
  
• Creating and sharing screenshots automatically
  
• Algorithmic trading with cAlgo
  
• Full-size tick chart
  
• Reversing/doubling position in one click
  
• Closing all open positions in one click
  

This contest is an ideal option both for those who are testing their skills or starting out in the Forex market.

Are you ready to test your trading skills and win one of the prizes? Don't miss out! Then open a demo account to participate in the next cTrader Weekly demo contest round!

Dear traders!

With the success and popularity of our promotion for users of MT4, we are now introducing it to cTrader users. OctaFX is all about driving Forex trading to new levels and we are proud to announce a 50% deposit bonus for cTrader users!

Enjoy trading and add half of your deposit as a bonus! Simply deposit funds to your account and you can choose what bonus you want to have - between 10% to 50% of your deposit. It is the perfect chance to increase your account free margin and potentially gain more profit.

Any user, whether new or existing, can enjoy the benefits of the offer. You can also choose to receive bonuses automatically via your Personal Area, every time you deposit to your account.

To receive this exclusive offer simply:

1. Register an account with OctaFX

2. Deposit funds to your account with no commissions

3. Get bonus

You can get bonus upon each of your deposits and it is withdrawable, please see rules.

OctaFX reserves the right to change, update or cancel this promotion with notification in the Company news.

Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection:

SSL-protected Personal Area

We use highly secure technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties.

Account verification

OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured.

Secure withdrawal rules

Since a withdrawal from a live account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party.

3D secure Visa/Mastercard authorization

We apply 3D secure technology when processing credit and debit cards. This technology makes all Visa/Mastercard transactions transparent and safe.

Advanced protection

The OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely.