Octafx deposit bonus

Many would think that withdrawing your bonus is a terrible business model, but octafx disagrees with this statement.

Actual forex bonuses

OctaFX Deposit Bonus Review, octafx deposit bonus.

This broker actually allows you to withdraw the bonus funds once you’ve met the required trading amounts, which will vary depending on the volume that you deposit and receive. However, keep in mind that it is for trading and trading only. It isn’t advised to take the bonus out as it will inhibit your ability to trade at high volumes and make better profits. It is as simple as it sounds, there are no tricks like mandatory emails to the broker and etc. However, for security reasons the broker has full right to cancel your bonus if he finds your account activity suspicious. All of this info is included in the terms & conditions so don’t get surprised if this happens to you. Should it happen, you’re always free to contact one of the best customer service systems of the industry at octafx, and they’ll get back to you as soon as possible.

Octafx deposit bonus review

Platform

Expiration

Min. Volume

As with any other deposit bonus review, it’s important to know about the broker who is actually featuring the service. Therefore we encourage you to actually take a quick look at the octafx review here on forextradingbonus to get a good feeling of what kind of broker we’re dealing with.

If you don’t have time for the details, we generally like what octafx is doing with its service and would recommend it to traders of every caliber. However, we are here to review their deposit bonus, is it good? Is it workable? Let’s find out.

Octafx deposit bonus details

Essentially the deposit bonus is pretty simple to comprehend with octafx. They have a very detailed description of how it works, but let us break it down a bit further.

Depending on how much you deposit as your initial amount, you will be eligible for either a 10%, 30% or a 50% deposit bonus. Meaning you can trade with a lot more funds that you initially deposited. Also considering the broker’s maximum leverage of 1:1000 you’ll be trading with way more than you’ve deposited. Ok, let’s put this into perspective. Say you just deposited $1000 and this makes you eligible for a 50% bonus, so you accept. Now you have $1,500 on your account, but with additional leverage, you can trade a maximum amount of $1.5 million for a single trade.

However, make sure you understand the risks, because not only does this mean large profits, it could also mean horrible losses. There is also one inhibition that you may find with the broker. People eligible for the 1:1000 leverage need to be from the countries of bangladesh, indonesia, malaysia or pakistan. Not only that but, the 1:1000 leverage is also limited to the MT4 accounts. Although this may sound like an issue, it’s no surprise as the broker focuses on those countries mainly, but nevertheless, no matter where you’re from, you’ll still be able to access the 50% deposit bonus.

Octafx deposit bonus and how it works

There is a clear guideline of what a trader needs to do to receive the bonus, let’s bring it up.

Deposit a minimum of $50

Get your bonus with a simple application

Start trading

It is as simple as it sounds, there are no tricks like mandatory emails to the broker and etc. However, for security reasons the broker has full right to cancel your bonus if he finds your account activity suspicious. All of this info is included in the terms & conditions so don’t get surprised if this happens to you. Should it happen, you’re always free to contact one of the best customer service systems of the industry at octafx, and they’ll get back to you as soon as possible.

Also, it’s important to note that the bonus is not permanent. For example, if you deposit $100 and get $50 a bonus, your withdrawal of that $100 will cancel the bonus, so be aware of that as well. However, if you trade regularly, you’ll be able to withdraw your profits from the get-go, without disabling the bonus.

Withdrawing you octafx deposit bonus

Many would think that withdrawing your bonus is a terrible business model, but octafx disagrees with this statement. This broker actually allows you to withdraw the bonus funds once you’ve met the required trading amounts, which will vary depending on the volume that you deposit and receive. However, keep in mind that it is for trading and trading only. It isn’t advised to take the bonus out as it will inhibit your ability to trade at high volumes and make better profits.

Is octafx deposit bonus good?

Considering all of the features it all boils down to the deal being better than most brokers. Obviously, it isn’t the best deal you can find out there, but considering the quality of the broker and its services, it is still a really good idea.

Overall, octafx was able to make a solid feature with its bonus by adding the ability to actually withdraw it after a specific traded amount and most importantly, they’ve made it easily accessible. You may not agree with some of the features, like filtering the customer base for the leverage, but it is still one of the best deals you can get in the industry right now.

Subscribe to receive updates about FX bonuses

Be the first one to find out about available forex trading bonuses that can be trusted

Octafx sign up bonus

A first time octafx sign up bonus is not offered by octafx.

Traders who register a real account with octafx are not offered with either a first time sign up bonus, or a welcome bonus.

Octafx offers a 100% deposit bonus on each deposit which applies to both new and existing traders when a deposit of at least US dollar 50 is made into the trading account.

To make the deposit withdrawable, traders will have to comply to the trading requirements of a certain amount of lots to be traded. This will be determined by the amount that the trader deposits into the trading account.

Brokers often offer these broker bonusses to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.

Referral bonus

Octafx does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by octafx. The only referral program which is offered, is only available to introducing brokers.

Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base.

Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

Some of the criteria includes, but is not limited to:

The referral has to register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.

The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.

A certain minimum deposit amount has to be made by the referral.

The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus

Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempts to counter it by providing such bonuses.

Additional bonuses, promotions and rewards

Octafx does not currently cater for trading bonuses and there are no current initiatives to reward loyal customers.

Trading bonuses serve the purpose of encouraging traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.

Pros and cons

PROS	CONS
1. Deposit bonus offered to new and existing traders	1. Welcome bonus, , no deposit bonus , and first time sign up bonus not offered
2. No referral bonus offered
3. No trading bonus for loyal customers

Conclusion

Octafx offers traders who either register a real account, or those who already possess one, the chance of receiving a bonus every time they fund their trading account.

The conditions involved are stricter than when compared to other brokers who offer this type of bonus. Although there are no other bonusses offered, octafx has a competitive offering in addition to catering for both beginner and expert traders.

50% bonus on each deposit

1. Open an account

2. Make a deposit in your account

3. Increase your deposit by half with our bonus

4. Withdraw bonus funds

your deposit amount	$400
50% bonus we provide	$200
divide your bonus by half	$200/2
number of lots to trade	100 lots

Trade more and get more profit with our bonus

Without bonus

Get more profit using 50% bonus 50% bonus

Manage your bonuses wisely

Know when to apply the bonus: you can activate it for your deposit at any time.

Decide upon the bonus amount you want to apply.

If you cancel the bonus, mind that it will be deducted from your free margin at full.

When your bonus progress hits 100% you can use this money for other accounts and go on investing.

What you can do with a deposit bonus

Every day

Apply for a 50% bonus.

Set a maximum leverage.

Open positions of up to 750 times greater than your initial investment.

On special occasions

Make a deposit and track our offers.

Seize the best trading conditions during our events.

Multiply your profit potential 2,000 times.

Promotion rules

Deposit bonus can only be claimed by a verified customer.

The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.

Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.

The bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc. Unless stated otherwise.

Deposit bonus shall not be credited in case account free margin is less than your bonus amount.

Ctrader deposit bonus can only be claimed by a verified customer.

The client can claim a deposit bonus on each deposit he makes. The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.

Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.

"total bonus" denotes the total amount of bonus in a client’s account. Total bonus comprises all the bonuses claimed by the client for the trading account. Total bonus is affected when a part of the total bonus is withdrawn or cancelled or when additional bonuses are credited to the client’s account.

"active bonus" denotes the amount of bonus which can be used to open positions by adding it to the account’s equity. The amount of active bonus cannot exceed 100% of the account’s unrealized profit & loss + balance, therefore this value will fluctuate according to live conditions.

Ctrader deposit bonus can’t be used instead of, separately or before the account’s balance. If the account’s balance is zero, so will be the amount of active bonus.

It is required to trade (bonus amount)/2 (bonus amount divided by two) standard lots to be able to withdraw a bonus.

The deposit bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc., unless stated otherwise.

The deposit bonus shall be added to the total bonus in your account and remain there until the volume requirements are met or the bonus is canceled. After the required volume is traded the bonus will be withdrawn from the total bonus in your account and an equal amount of money will be added to your account’s balance.

The bonus for each deposit is considered a separate bonus and will have its own volume requirements.

Volume calculation starts from the first bonus and continues consecutively. This means that you can't withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is credited to the client’s account. The required volume for each deposit is calculated separately.

The bonus can be withdrawn ONLY if by the moment of lots calculation, the bonus is still present in the account. If a client had traded the required volume, but the bonus has already been canceled, it would not be added or compensated.

If the trader's own funds are withdrawn after the bonus has been credited, the bonus will be canceled.

A client can cancel deposit bonus at any time. Once deposit bonus is cancelled, it cannot be reinstated.

Octafx may reject client's bonus application(s) at any time without prior notification or providing reasons for such decision.

Octafx may cancel a client's bonus at any time without prior notification.

Any situation not described in these rules shall be subject to the company's decision.

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

Bonuses explained in examples:
ex.1: you make a 1000 USD deposit and get a 500 USD bonus. Your account balance will be 1000 USD, equity 1000+500=1500 USD, total bonus 500 USD. To be able to withdraw this bonus you will need to trade 500/2=250 standard lots, without time limit. Later you make another 800 USD deposit to your account and get a 400 USD bonus. Your balance will be 1800 (1000 + 800) USD, equity will be 2700 (1000+500+800+400) USD, total bonus will be 900 (500+400) USD. To be able to withdraw the second bonus you will need to trade another 400/2 standard lots.

In this example after you trade first 250 standard lots and complete the volume requirements for the first deposit bonus in your account, the bonus amount (500 USD) will be withdrawn from the total bonus, leaving its value at 400 (900 -500) USD. At the same time the equal amount of money (500 USD) will be added to your account’s balance.

Ex.2: you make 200 USD deposit and get 100 USD bonus. The balance in your account will be 200 USD, equity 300 USD, total bonus 100 USD, active bonus 100 USD. Then you close 1 unfortunate trade with a loss of 110 USD. Account balance will be 90 USD, total bonus will still be 100 USD, but active bonus will be also 90 USD now, therefore equity will be 180 USD.

Octafx deposit bonus review

Bonus size

Eligibility

Expires

Max. Bonus

Octafx is a broker that allows customers to trade in 28 currency pairs, 10 indices, select cryptocurrencies, commodities such as gold and brent crude oil and more. The company has gathered over a million user accounts and has executed more than 250 million trades. Octafx operates multinational and currently, reaches customers in 100 countries. Interestingly, the company provides on its website a number depicting the total amount of money paid out as bonuses that are updated live. At the moment of writing, the number stands at $2,436,492. This was achieved through an octafx bonus scheme that allows customers to receive up to 50% for free on each deposit. Below we provide the octafx bonus review as well as the details on how to obtain it.

How to claim the bonus?

Octafx 50% bonus can be obtained by the users of all three platforms: MT4, MT5 and ctrader. The first step to getting the octafx deposit bonus is opening an account and making a deposit of over $50. Then, the user has a choice to receive up to 50% as a bonus in order to increase the potential profits of his/her trading operations. There are minor differences in terms of how the bonuses work for the MT4 and MT5 platforms and how they work for the users of the ctrader.

For MT4 and MT5 platforms, the verified user can claim 10%, 30% or 50% on each deposit. The bonus is credited to the user’s account and remains locked until the specified volume requirements are met. After the customer meets those requirements the bonus is deducted from MT4/MT5 credit and is deposited in the balance. The volume requirement is simple, the customer simply has to trade the standard lots equalling the bonus amount divided by two in order to be able to withdraw the bonus. “volume calculation starts from the first bonus and continues consecutively. This means that you can’t withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is requested. The volume of each deposit is calculated separately,” – states the company. There are other details about bonuses that should be considered as well. For example, the bonuses can be cancelled by the client at any time and the withdrawal of client’s own funds after claiming the bonus will also lead to a cancellation of the bonus. These and other details are listed on the company’s website for the user’s convenience.

Octafx bonus on deposit is also available for the ctrader accounts. In this case, the size of the bonus, as well as the volume requirements, is similar. There is also a distinction between an “active bonus” and a “total bonus”. “active bonus” is the amount of bonus the customer can use to open positions. This number can’t be more than the account’s unrealized profit & loss + balance. On the other hand, ‘”total bonus” denotes the total amount of bonus in a client’s account. Total bonus comprises all the bonuses claimed by the client for the trading account,” – clarifies the website.

Octafx

Octafx overview

Octafx is an ECN broker, it was launched in 2011 and registered in st.Vincent and the grenadines. Octafx offers to trade cryptocurrencies via cfds, forex, metals, and indices. Octafx regulated by cysec and offers ctrader suite and metatrader trading platform. The broker octafx has two versions of website one is octafx.Com and another one is octafx.Eu. Octafx.Com is registered in st. Vincent and the grenadines and octafx.Eu is regulated by the cysec (cyprus securities and exchange commission) for european union users. But there is no restriction to use octafx.Com website for european union users, they can take advantage of high leverage.

Octafx is suitable for both professional and beginner traders and offers 3 types of accounts (micro, pro, and ECN).
Regulations and security

Octafx is a regulated broker and operated by octa markets incorporated, governed by the law of saint-vincent and the grenadines.

Broker overview

website	visit website
broker type	ECN/STP forex broker
demo link	open demo account
founded	2011
country	st. Vincent and the grenadines
headquarter	suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent and the grenadines
regulation	regulated by cyprus securities and exchange commission (cysec) licence number: 372/18
int offices	st. Vincent and the grenadines
phone	+17844574224
fax	no
email	support@octafx.Com
website lang	english, chinese, indonesian,malay, spanish, portugees, hindi, urdu, thai, bengali, german
accept us clients	no
account currencies	USD
trading platforms	MT4, MT5, ctrader (mobile, desktop and web)
promotions	50% welcome deposit bonus promotion and CHAMPION MT4 DEMO CONTEST
no deposit bonus	no
welcome bonus	up to 50% welcome deposit bonus promotions
commission	yes
withdraw options	bank wire, debit/credit card, neteller, skrill, fasapay, local payment means in: indonesia, malaysia, bangladesh, pakistan, nigeria, thailand, india
account funding methods	bank wire, debit/credit card, neteller, skrill, fasapay, local payment means in: indonesia, malaysia, bangladesh, pakistan, nigeria, thailand, india
other trading instruments	yes
min deposit	5
max leverage	1:500
mobile trading	yes
web trading	yes
news trading	yes
type of spread	fixed and even negative
minimum spreads	0.2 pips
lowest spread on eur usd	0.2 pips
precision pricing	4 and 5 digits
free demo account	yes
mini accounts	yes
islamic accounts	yes
VIP accounts	yes
ecn account	yes
swap free accounts	yes
segregated accounts	yes
managed account	yes
interest on margin	yes
trading contests	yes
hedging	yes
expert advisors	yes
one click execution	yes
oco orders	yes
gold silver	yes
cfds	yes

Account types

Octafx offers three types of account these are micro, pro, and ECN:

Micro account (metatrader 4): this account is very special for beginners and no commission.

The minimum deposit is $100
28 currency pairs, 2 metals (gold and silver), 4 indices and 3 cryptocurrencies
the maximum leverage is 1:500 for currencies, 1:200 for metals, 1:50 for indices, and 1:2 for cryptocurrencies
pro (metatrader 5): octafx recommends this account for experienced traders.
The minimum deposit is $500
28 currency pairs, 4 metals, 10 indices, 2 energies, and 3 cryptocurrencies
the maximum leverage is 1:500 for currencies, 1:100 for metals and energies, 1:50 for indices
and 1:2 for cryptocurrencies
the minimum volume is 0.01 lot and unlimited maximum volume
one click execution

ECN (ctrader): ECN account with ctrader trading platform is always for progressive traders

The minimum deposit is $100
28 currency pairs, 2 metals (gold and silver)
floating starting at 0, no commission, no swap but weekend fee enable

Trading platforms

Octafx offers metatrader and ctrader trading platforms, both are usable from desktop, laptop, and mobile device.

Metatrader 4 (MT4) – this is easy to understand and has turned into a most favorite for professional and beginner traders. Throughout the years it has been accessible, it has shown itself to be truly best and incredible for traders. In this MT4 trading platform most valuable trading tools are there, for example, risk management, real time market execution, indicators, and charting tools.

Metatrader 5 (MT5) – this is a very advanced and multi-resource trading platform for traders, offers advanced trading analysis, exceptional trading possibilities and automated trading.

Ctrader – this is incredibly customizable with an exciting interface. There is a couple of a bigger number of fancy odds and whistles than MT4.
Commissions and fees

In our octafx expert’s review, we found different commissions and fees are organized there contrastingly as per account. Small (micro), pro and ECN accounts utilize the meta trader (MT4, and MT5) and ECN platforms, separately, and bolster distinctive exchanging approaches, henceforth the variety in charges.

Spreads are largest on the micro account and there are some fewer instruments to trade. Normally, the spread on a EUR/USD exchange maybe 1.1 pips, however in the event that a similar exchange is made through the professional account, this may drop to 0.9 pips.

The pro account is really good for a range of instruments and price structure. The ctrader trading platforms account isn’t far-removed yet is restricted to 28 currency pairs and just 2 metals.

In the micro account floating spreads start from 0.4 pips, but, while it is fixed for beginning it starts at 2 pips. On the ECN account spread start from 0 pips, on the pro account spreads start from 0.2.

Not at all like the other two accounts, doesn’t it highlight a markup in any case? The ECN has only one charged a commission, the account comes with an end of the week charge.
Promotions & bonuses

Octafx always offers different types of amazing promotions & bonuses. But due to european union rules and regulations, the broker cannot offer bonuses on EU. So, octafx.Eu (cysec regulated) don’t offer any bonus. However, octafx.Com always offers different types of amazing promotions. Currently, these promotions and bonuses are going on:
bonuses:

50% withdrawal deposit bonus on each deposit with higher margins

Free forex signals with automated alerts

Supercharged 2 real contest, there are 3 prizes all these are latest powerful luxury cars

Champion demo contest, withdrawable prizes – 1ST $500, 2ND $300 and more

Crader weekly demo contest, withdrawable prizes – 1ST $150, 2ND $100 and more
education and research

Octafx offers a lot of educational trading articles, videos, analysis, tutorials and very good information about metatrader or ctrader trading platforms.

Octafx offers an amazing range of tools, you will find on octafx.Com website these are:

Economic calendar and national holidays
profit calculator
live quotes monitoring
market news update and insights
profit calculator
interest rates, stop loss and take profit and more

Deposit and withdrawal method

Octafx deposit and withdrawal method is good, depositing and withdrawing is commission-free also offer 50% bonus on deposit via skrill, neteller and bitcoin. The minimum deposit is 50 for both skrill and neteller and 0.00045 BTC and 5 USD is minimum withdraw.

Octafx awards

Octafx is multi-award winning broker has won a number of awards:

BEST ECN/STP BROKER 2019
BEST FOREX BROKER ASIA 2019
BEST FOREX BROKER ASIA 2018
BEST COPY TRADING PLATFORM 2018
MOST TRANSPARENT BROKER 2017
BEST FOREX BROKER EUROPE 2016
BEST FOREX BROKER IN EUROPE 2015
BEST INTERNATIONAL BROKER 2015
MOST RELIABLE BROKER 2014 AND more

Customer support

Octafx supports clients 24 * 5 through website live chat, phone, email and whatsapp from across multiple languages. Octafx also offers good support on various social site including facebook, twitter, and instagram.
Features

Monday to friday 24 hours site
website live chat support and a contact form
phone support: UK +44 20 3322 1059, hong kong +852 5808 8865, indonesia +62 21 3110 6972
whatsapp: +34 651 769 010 (texts only)

Office: suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent, and the grenadines

Octafx offers different manuals to help customers in utilizing the main two platforms are metatrader and ctrader.

Octafx deposit bonus

Platform

Expiration

Min. Volume

One of the clear-cut ways of making traders excited and pleased with the trading experience is to offer them a good bonus. With a promotion, brokers make high-level trading a bit more accessible and lucrative for their clients.

Octafx is known for its outstanding trading platform on the internet. The vast majority of online reviews talk about how its offerings are true to life and offer great opportunities to the traders. One of their main discussing points is the octafx deposit bonus which promises the clients to increase their every deposit by up to half of the initial size.

If you are already intrigued, let’s not waste any of your time anymore and jump right into reviewing this bonus.

A brief review

Unlike other deposit bonuses, the octafx deposit bonus is a recurring promotion. This means that no matter how many times you make a deposit on the platform, you’re still eligible for the bonus. We cannot imagine any single trader who wouldn’t be excited about such an offer.

Another great feature of this bonus, as well as the broker itself, is the fact that traders can choose from three different account types on the website. For example, if they want a micro-account with smaller deposits and position sizes, they can choose a metatrader 4 account which, as the name suggests, features MT4 trading software.

The more experienced traders can easily go with the pro account that features metatrader 5, or the ECN account that offers ctrader for better flexibility and direct connection with the liquidity providers. And for all three accounts, the 50% bonus is readily available at any time.

On top of that, traders can deposit their money using the most sophisticated platforms existing today. For instance, if they prefer cryptocurrencies, they can use bitcoin to deposit cash, but if they don’t trust digital tokens, they can always use e-wallets like skrill or regular credit cards.

How to get the octafx deposit bonus?

After this brief overview, let’s see how you can participate in this bonus program and increase your deposits, as well as possible profits. The very first thing any trader needs to do is create a micro, pro, or ECN account on the platform. While all of those accounts are available for any trader, people must make sure that they are choosing the one most suitable for their needs.

So, after the account is opened, the next thing is to actually make a deposit on the account balance. One of the great things about the octafx broker is that it has a very low minimum deposit requirement and certainly more so when considering other brokers’ requirements.

Traders can deposit as low as $50 on their trading account, whereas other brokers demand hundreds, even thousands of dollars to be transferred. This is a great feature for beginner traders who want to minimize risks and maximize profits. And as mentioned earlier, traders can use credit cards, as well as e-wallets and even cryptocurrencies to make the actual deposit.

And that’s pretty much it: once you’ve opened up an account on octafx and made your first deposit, you’re already eligible for the 50% deposit bonus that will greatly improve your trading outcomes.

How to actually use the bonus with a margin?

Next up, let’s discuss how you can use the octafx 50% deposit bonus in real life and how you can incorporate additional features to make your positions even more lucrative. To illustrate this point more clearly, let’s use an example:

Let’s say you want to open the pro account on octafx. The minimum deposit amount necessary for it is $500. So, you’ve deposited the cash and are ready to start trading right away. For the sake of this example, let’s first assume that you didn’t claim any bonus and proceeded without any promotions.

Now, say that you want to trade the EUR/USD currency pair. As the broker mentions, traders can use the leverage up to 1:200 for the forex pairs, therefore, you can use your $500 and turn it into a $100,000 trading position. Right away, you can see that your chances of getting a higher profit have increased quite a lot – 200 times, actually.

Now, let’s say that you did choose to enroll in the bonus system. As we’ve discussed above, you’re already eligible for a deposit bonus program where you can choose a bonus from 10% up to 50%. For this example, let’s say you chose 50% and received $250 more on your account.

So, the leverage will be applied not to the $500 initial deposit but to $750 which, in this case, will become $150,000. As you can see, now you can get 300 times more profit than your initial position, and 1.5 times more than the one with the leverage but no bonus.

All of that applies to the real-world results. For instance, if you were to gain 10 pips as a profit, the first non-bonus option would yield $100 of profit. But if you chose the 50% bonus, then your profit would reach $150. You can decide for yourself which one is better.

How to withdraw the bonus money?

It seems that the benefits with the octafx bonus don’t stop. This next point is about the ability to actually withdraw the bonus funds. Now, while you can certainly do that, there are some requirements that you need to fulfill first.

Here’s the thing: when you receive the 50% bonus – or whatever your choice is – the broker will set a certain traded volume that you’ll need to reach before being able to actually withdraw the bonus funds.

Here’s how it works: when you deposited that $500 on your account and received a $250 bonus, that amount automatically set you a minimum traded limit of 125 lots that you need to complete. The calculation is pretty straight-forward: the bonus amount in USD must be divided by 2 and you’ll get your required volume.

So, basically you need to keep trading and not rendering your account inactive if you want to actually withdraw the bonus money. But still, even with this requirement present, the octafx deposit bonus is way more beneficial than other bonuses because it allows you to really take that money and not have it locked on a virtual account.

Some additional benefits

Now that we’ve discussed all the main benefits of this bonus, let’s discuss some of the smaller ones that are also pretty advantageous. The first one is the ability to actually choose the amount of bonus that you want to apply to your deposits. You can choose from 10% all the way up to 50% bonus which can definitely prove useful on some occasions.

Another benefit is the ability to choose when to apply the bonus: at any time of the trading can you use the octafx deposit bonus to increase your trading outcomes. On top of that, you’re also able to cancel the bonus at any time. But you need to keep in mind that the bonus amount will be deducted from your margin fee in its entirety.

Octafx deposit bonus – a roundup

So, what’s the bottom line of this octafx bonus review? Does it hold up against some of the most competitive deposit bonuses on the market? We think that yes, it certainly does and even offers some of the better options. For starters, the bonus adds an additional half to your initial deposits and increase your prospective profits.

Not only that, you can apply for this bonus as many times as you want. As long as you meet the certain requirements listed above, you’ll be able to increase your deposits every single time. And with the help of margin trading, even larger profits will come flying to your account balance – that’s, of course, if your trades are successful.

All in all, the octafx deposit bonus is a very good promotion and is certainly worth trying out!

Octafx

Octafx overview

Octafx is suitable for both professional and beginner traders and offers 3 types of accounts (micro, pro, and ECN).
Regulations and security

Octafx is a regulated broker and operated by octa markets incorporated, governed by the law of saint-vincent and the grenadines.

Broker overview

website	visit website
broker type	ECN/STP forex broker
demo link	open demo account
founded	2011
country	st. Vincent and the grenadines
headquarter	suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent and the grenadines
regulation	regulated by cyprus securities and exchange commission (cysec) licence number: 372/18
int offices	st. Vincent and the grenadines
phone	+17844574224
fax	no
email	support@octafx.Com
website lang	english, chinese, indonesian,malay, spanish, portugees, hindi, urdu, thai, bengali, german
accept us clients	no
account currencies	USD
trading platforms	MT4, MT5, ctrader (mobile, desktop and web)
promotions	50% welcome deposit bonus promotion and CHAMPION MT4 DEMO CONTEST
no deposit bonus	no
welcome bonus	up to 50% welcome deposit bonus promotions
commission	yes
withdraw options	bank wire, debit/credit card, neteller, skrill, fasapay, local payment means in: indonesia, malaysia, bangladesh, pakistan, nigeria, thailand, india
account funding methods	bank wire, debit/credit card, neteller, skrill, fasapay, local payment means in: indonesia, malaysia, bangladesh, pakistan, nigeria, thailand, india
other trading instruments	yes
min deposit	5
max leverage	1:500
mobile trading	yes
web trading	yes
news trading	yes
type of spread	fixed and even negative
minimum spreads	0.2 pips
lowest spread on eur usd	0.2 pips
precision pricing	4 and 5 digits
free demo account	yes
mini accounts	yes
islamic accounts	yes
VIP accounts	yes
ecn account	yes
swap free accounts	yes
segregated accounts	yes
managed account	yes
interest on margin	yes
trading contests	yes
hedging	yes
expert advisors	yes
one click execution	yes
oco orders	yes
gold silver	yes
cfds	yes

Account types

Octafx offers three types of account these are micro, pro, and ECN:

Micro account (metatrader 4): this account is very special for beginners and no commission.

ECN (ctrader): ECN account with ctrader trading platform is always for progressive traders

The minimum deposit is $100
28 currency pairs, 2 metals (gold and silver)
floating starting at 0, no commission, no swap but weekend fee enable

Trading platforms

Octafx offers metatrader and ctrader trading platforms, both are usable from desktop, laptop, and mobile device.

Metatrader 5 (MT5) – this is a very advanced and multi-resource trading platform for traders, offers advanced trading analysis, exceptional trading possibilities and automated trading.

Ctrader – this is incredibly customizable with an exciting interface. There is a couple of a bigger number of fancy odds and whistles than MT4.
Commissions and fees

The pro account is really good for a range of instruments and price structure. The ctrader trading platforms account isn’t far-removed yet is restricted to 28 currency pairs and just 2 metals.

Not at all like the other two accounts, doesn’t it highlight a markup in any case? The ECN has only one charged a commission, the account comes with an end of the week charge.
Promotions & bonuses

50% withdrawal deposit bonus on each deposit with higher margins

Free forex signals with automated alerts

Supercharged 2 real contest, there are 3 prizes all these are latest powerful luxury cars

Champion demo contest, withdrawable prizes – 1ST $500, 2ND $300 and more

Crader weekly demo contest, withdrawable prizes – 1ST $150, 2ND $100 and more
education and research

Octafx offers a lot of educational trading articles, videos, analysis, tutorials and very good information about metatrader or ctrader trading platforms.

Octafx offers an amazing range of tools, you will find on octafx.Com website these are:

Economic calendar and national holidays
profit calculator
live quotes monitoring
market news update and insights
profit calculator
interest rates, stop loss and take profit and more

Deposit and withdrawal method

Octafx awards

Octafx is multi-award winning broker has won a number of awards:

Customer support

Office: suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent, and the grenadines

Octafx offers different manuals to help customers in utilizing the main two platforms are metatrader and ctrader.

50% bonus on each deposit

1. Open an account

2. Make a deposit in your account

3. Increase your deposit by half with our bonus

4. Withdraw bonus funds

your deposit amount	$400
50% bonus we provide	$200
divide your bonus by half	$200/2
number of lots to trade	100 lots

Trade more and get more profit with our bonus

Without bonus

Get more profit using 50% bonus 50% bonus

Manage your bonuses wisely

Know when to apply the bonus: you can activate it for your deposit at any time.

Decide upon the bonus amount you want to apply.

If you cancel the bonus, mind that it will be deducted from your free margin at full.

When your bonus progress hits 100% you can use this money for other accounts and go on investing.

What you can do with a deposit bonus

Every day

Apply for a 50% bonus.

Set a maximum leverage.

Open positions of up to 750 times greater than your initial investment.

On special occasions

Make a deposit and track our offers.

Seize the best trading conditions during our events.

Multiply your profit potential 2,000 times.

Promotion rules

Deposit bonus can only be claimed by a verified customer.

The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.

Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.

The bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc. Unless stated otherwise.

Deposit bonus shall not be credited in case account free margin is less than your bonus amount.

Ctrader deposit bonus can only be claimed by a verified customer.

The client can claim a deposit bonus on each deposit he makes. The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.

Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.

"total bonus" denotes the total amount of bonus in a client’s account. Total bonus comprises all the bonuses claimed by the client for the trading account. Total bonus is affected when a part of the total bonus is withdrawn or cancelled or when additional bonuses are credited to the client’s account.

"active bonus" denotes the amount of bonus which can be used to open positions by adding it to the account’s equity. The amount of active bonus cannot exceed 100% of the account’s unrealized profit & loss + balance, therefore this value will fluctuate according to live conditions.

Ctrader deposit bonus can’t be used instead of, separately or before the account’s balance. If the account’s balance is zero, so will be the amount of active bonus.

It is required to trade (bonus amount)/2 (bonus amount divided by two) standard lots to be able to withdraw a bonus.

The deposit bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc., unless stated otherwise.

The deposit bonus shall be added to the total bonus in your account and remain there until the volume requirements are met or the bonus is canceled. After the required volume is traded the bonus will be withdrawn from the total bonus in your account and an equal amount of money will be added to your account’s balance.

The bonus for each deposit is considered a separate bonus and will have its own volume requirements.

Volume calculation starts from the first bonus and continues consecutively. This means that you can't withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is credited to the client’s account. The required volume for each deposit is calculated separately.

The bonus can be withdrawn ONLY if by the moment of lots calculation, the bonus is still present in the account. If a client had traded the required volume, but the bonus has already been canceled, it would not be added or compensated.

If the trader's own funds are withdrawn after the bonus has been credited, the bonus will be canceled.

A client can cancel deposit bonus at any time. Once deposit bonus is cancelled, it cannot be reinstated.

Octafx may reject client's bonus application(s) at any time without prior notification or providing reasons for such decision.

Octafx may cancel a client's bonus at any time without prior notification.

Any situation not described in these rules shall be subject to the company's decision.

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

50% bonus pada setiap deposit

1. Buka akaun

2. Buat deposit ke akaun anda

3. Gandakan separuh deposit anda dengan bonus kami

4. Keluarkan dana bonus

jumlah deposit anda	$400
bonus 50% kami sediakan	$200
bahagikan bonus anda kepada dua	$200/2
bilangan lot untuk didagangkan	100 lot

Lakukan lebih banyak dagangan dan nikmati lebih banyak keuntungan dengan bonus kami

Tanpa bonus

Dapatkan lebih banyak keuntungan dengan 50% bonus 50% bonus

Uruskan bonus anda dengan baik

Ketahui waktu untuk memohon bonus: anda boleh mengaktifkannya untuk deposit anda pada bila-bila masa.

Putuskan jumlah bonus yang anda ingin mohon.

Jika anda membatalkan bonus, sila ambil maklum bahawa ia akan ditolak sepenuhnya daripada margin bebas anda.

Apabila bonus anda mencecah 100%, anda boleh menggunakan wang ini untuk akaun lain dan teruskan melabur.

Apa yang boleh anda lakukan dengan bonus deposit

Setiap hari

Mohon untuk bonus 50%.

Tetapkan leveraj maksimum.

Kedudukan terbuka sehingga 750 kali ganda lebih besar berbanding pelaburan awalan anda.

Pada acara istimewa

Lakukan deposit dan jejaki tawaran kami.

Manfaatkan syarat dagangan terbaik menjelang acara kami.

Gandakan potensi keuntungan anda sebanyak 2,000 kali ganda.

Peraturan promosi

Bonus deposit hanya boleh dituntut oleh pelanggan yang disahkan.

Jumlah bonus ialah 10% hingga 50% untuk setiap jumlah deposit. Anda juga boleh menuntut bonus 100% semasa tawaran istimewa, jika berkenaan.

Anda boleh menuntut bonus 10%, 30% 50%, 100% bagi setiap deposit yang anda buat. Walau bagaimanapun, anda tidak boleh menuntut 11%, 25%, 47% dan sebagainya.

Bonus ini tidak boleh ditambah ke deposit pindahan dalaman dan deposit daripada pertandingan/promosi dan sebagainya melainkan dinyatakan sebaliknya.

Bonus deposit tidak akan dikreditkan sekiranya margin bebas akaun kurang daripada jumlah bonus anda. Adalah dinasihatkan untuk menuntut bonus sejurus selepas deposit anda dikreditkan ke akaun dagangan anda.

Adalah dinasihatkan untuk menuntut bonus sejurus selepas deposit anda dikreditkan ke akaun dagangan anda.

Bonus akan dikreditkan ke akaun anda dan dikunci sehingga keperluan volum dipenuhi. Selepas volum yang diperlukan dilengkapkan, bonus akan ditolak daripada kredit MT4 | MT5 anda dan didepositkan secara serentak ke dalam baki anda. Operasi ini akan diproses setiap jam pada setiap hari.

Bonus untuk setiap deposit dianggap sebagai bonus yang berasingan.

Anda perlu berdagang (jumlah bonus)/2 (jumlah bonus dibahagikan dengan dua) lot standard untuk dapat mengeluarkan bonus.

Pengiraan volum bermula daripada bonus pertama dan seterusnya secara berturutan. Ini bermakna anda tidak boleh mengeluarkan bonus yang kemudiannya sebelum anda mendagangkan volum yang diperlukan untuk bonus pertama dan seterusnya. Pengiraan volum bermula dari saat bonus diminta. Volum bagi setiap deposit dikira secara berasingan.

Contohnya, anda membuat deposit $100 pada hari isnin dan mula berdagang. Pada hari rabu anda menuntut bonus $50. Pengiraan volum untuk bonus anda bermula dari hari rabu, sebarang volum yang didagangkan sebelum hari rabu tidak akan dimasukkan. Adalah dinasihatkan untuk menuntut bonus sejurus selepas deposit anda dikreditkan ke akaun dagangan anda.

Bonus ini boleh dikeluarkan HANYA jika pada masa pengiraan lot, bonus masih ada dalam akaun. Jika pelanggan telah mendagangkan volum yang diperlukan, tetapi bonus telah dibatalkan, ia tidak akan ditambah atau digantikan.

Sekiranya ekuiti akaun anda menjadi kurang daripada saiz bonus, bonus akan dibatalkan.

Jika jumlah dana peribadi pelanggan dalam akaun dagangan selepas pengeluaran/pindahan dalaman menjadi kurang daripada atau sama dengan jumlah bonus, bonus akan dibatalkan bermula dari bonus terkini sehingga jumlah dana peribadi akaun tersebut menjadi lebih tinggi daripada jumlah bonus.

Jika dana pedagang sendiri dikeluarkan selepas bonus dikreditkan, bonus akan dibatalkan.

Misalnya, jika anda mendepositkan $100 ke akaun anda, menerima bonus $50 dan kemudian mengeluarkan $100, bonus akan dibatalkan. Walau bagaimanapun, jika anda mendapat keuntungan, anda boleh mengeluarkan keuntungan yang diperoleh pada bila-bila masa dan ia tidak akan menjejaskan bonus anda.

Pelanggan boleh membatalkan bonus deposit pada bila-bila masa. Setelah bonus deposit dibatalkan, ia tidak boleh dikembalikan semula.

Octafx boleh menolak permohonan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal atau memberikan alasan untuk keputusan tersebut.

Octafx boleh membatalkan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal.

Sebarang keadaan yang tidak diterangkan dalam peraturan ini akan tertakluk pada keputusan syarikat.

Octafx berhak untuk mengubah, mengemas kini atau membatalkan promosi ini dengan pemberitahuan dalam berita syarikat.

Bonus deposit hanya boleh dituntut oleh pelanggan yang disahkan.

Bonus deposit ctrader hanya boleh dikreditkan ke akaun yang telah disahkan sahaja.

Pelanggan boleh menuntut bonus deposit bagi setiap deposit yang dilakukan. Jumlah bonus ialah 10% hingga 50% untuk setiap jumlah deposit. Anda juga boleh menuntut bonus 100% semasa tawaran istimewa, jika berkenaan.

Anda boleh menuntut bonus 10%, 30% 50%, 100% bagi setiap deposit yang anda buat. Walau bagaimanapun, anda tidak boleh menuntut 11%, 25%, 47% dan sebagainya.

"bonus keseluruhan" merujuk kepada jumlah bonus keseluruhan dalam akaun pelanggan. Bonus keseluruhan merangkumi semua bonus yang dikumpul oleh pelanggan berkenaan untuk akaun dagangan. Bonus keseluruhan terjejas apabila sebahagian daripada bonus keseluruhan dikeluarkan atau dibatalkan atau apabila bonus tambahan dikreditkan ke akaun pelanggan.

"bonus aktif" merujuk kepada jumlah bonus yang boleh digunakan untuk membuka kedudukan dengan menambahkannya ke ekuiti akaun. Jumlah bonus aktif tidak boleh melebihi 100% daripada untung & rugi + baki akaun yang tidak disedari, oleh itu, nilai ini akan menjadi tidak menentu mengikut syarat langsung.

Bonus deposit ctrader tidak boleh digunakan bagi menggantikan, secara berasingan atau sebelum baki akaun. Sekiranya baki akaun adalah sifar, jumlah bonus aktif akan turut menjadi sifar.

Adalah diperlukan untuk mendagangkan (jumlah bonus)/2 (jumlah bonus dibahagikan kepada dua) lot standard bagi membolehkan bonus dikeluarkan.

Bonus deposit tidak boleh ditambahkan ke deposit pindahan dalaman dan ke deposit daripada pertandingan/promosi, dsb. Melainkan dinyatakan sebaliknya.

Bonus deposit boleh ditambahkan ke bonus keseluruhan dalam akaun anda dan kekal di sana sehingga keperluan volum dipenuhi atau bonus dibatalkan. Selepas volum yang diperlukan didagangkan, bonus berkenaan akan dikeluarkan daripada bonus keseluruhan dalam akaun anda dan jumlah wang yang sama akan ditambahkan ke baki akaun anda.

Bonus bagi setiap deposit dianggap sebagai bonus yang berasingan dan akan mempunyai keperluan volum yang tersendiri.

Pengiraan bonus bermula daripada bonus pertama dan akan berterusan secara berturutan. Ini bermakna bahawa anda tidak boleh mengeluarkan bonus yang berikutnya sebelum anda mendagangkan volum yang diperlukan untuk bonus pertama, dan begitulah seterusnya. Pengiraan bonus bermula daripada saat bonus dikreditkan ke akaun pelanggan. Volum yang diperlukan bagi setiap deposit dikira secara berasingan.

Bonus HANYA boleh dikeluarkan sekiranya masih terdapat bonus dalam akaun semasa pengiraan lot dilakukan. Sekiranya pelanggan telah mendagangkan volum yang diperlukan, tetapi bonus tersebut telah dibatalkan, ia tidak akan ditambah atau dipulangkan.

Sekiranya dana pedagang sendiri telah dikeluarkan selepas bonus dikreditkan, bonus berkenaan akan dibatalkan.

Pelanggan boleh membatalkan bonus deposit pada bila-bila masa. Sebaik sahaja bonus deposit dibatalkan, ia tidak boleh dikembalikan.

Octafx boleh menolak permohonan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal atau alasan untuk keputusan sedemikian.

Octafx boleh membatalkan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal.

Sebarang situasi yang tidak dihuraikan dalam peraturan ini adalah tertakluk kepada keputusan syarikat.

Octafx berhak untuk mengubah, mengemas kini atau membatalkan promosi ini dengan pemberitahuan dalam berita syarikat.

Bonus ini dijelaskan melalui contoh:
cth. 1: anda melakukan deposit USD 1,000 dan dapatkan bonus USD 500. Baki akaun akan menjadi USD 1,000, ekuiti 1,000+500 = USD 1,500, bonus keseluruhan USD 500. Bagi membolehkan bonus ini dikeluarkan, anda perlu mendagangkan 500/2=250 lot standard, tanpa had. Kemudian, lakukan deposit sebanyak USD 800 lagi ke akaun anda dan dapatkan bonus USD 400. Baki anda akan menjadi USD 1,800 (1,000 + 800), ekuiti menjadi USD 2,700 (1,000+500+800+400), bonus keseluruhan menjadi USD 900 (500+400). Bagi membolehkan bonus kedua ini dikeluarkan, anda perlu mendagangkan 400/2 lot standard.

Dalam contoh ini, selepas anda mendagangkan 250 lot standard yang pertama dan memenuhi keperluan volum untuk bonus pertama dalam akaun anda, bonus keseluruhan (USD 500) akan dikeluarkan daripada bonus keseluruhan, menjadikan baki sebanyak USD 400 (900-500). Pada masa yang sama, jumlah wang yang sama (USD 500) akan ditambahkan ke baki akaun anda.

Cth. 2: anda melakukan deposit USD 200 dan dapatkan bonus USD 100. Baki akaun anda akan menjadi USD 200, ekuiti USD 300, bonus keseluruhan USD 100, bonus aktif USD 100. Kemudian anda menutup 1 dagangan yang gagal dengan kerugian sebanyak USD 110. Baki akaun akan menjadi USD 90, bonus keseluruhan akan menjadi USD 100, tetapi bonus aktif akan turut menjadi USD 90, dan ekuiti kini menjadi USD 180.

So, let's see, what we have: the octafx deposit bonus isn't a marvel of the industry with its 50% feature. However, it is in the top 5 deals you can get out there at this moment at octafx deposit bonus