OctaFX is an online forex broker. Octa FX offers access to some financial markets to be traded with, including:
The above assets can be traded on several trading platforms, like:
There are three methods of deposit and withdrawal in Pakistan.
It is a simple tool to help Forex traders to buy and invest something big. For this you need to select the currency pair and volume you want to trade, the way you want to trade, Toggle the open and close both prices to calculate your profit potentials. To get familiar with this app you need to go through it keenly and observe so that you will be able to know the movements of the market and deal with your trading with this handy machine. This calculator shows a breakdown of your net profit, including gross profit, swaps, and trading fees.
You need to make a deposit in the beginning. OctaFX does not charge a commission on deposits or withdrawals. Moreover, OctaFX covers fees applied by payment systems. It also does not limit the number of deposits per day. Deposits are processed within 1-3 hours whereas credit/debit cards and e-wallet deposits are instant.
The minimum deposit on MetaTrader 5 is $500. Forex traders from Indonesia, Pakistan, Malaysia, Thailand, and India can deposit and withdraw using their local banks at any time they need.
As mentioned earlier, for those who cannot use local banks we support different payment services and credit cards:
Please, notice, that according to our AML policy you will need to verify your credit/debit card as we cannot accept transactions from third parties. In order to make a deposit, you have to enter the deposit amount, confirm it, and fill in your credit/debit card details in the form.
You can also deposit with Bitcoin. After selecting ‘bitcoin’ in the list, you will see the current exchange rate and address of your wallet. The next step is to open your bitcoin wallet and process transaction.
Skrill is formally known as Money bookers. It is the most reliable and faster payment transaction method. It allows the users to do payments around the globe with the help of an online deposit account. In the personal accounts of the user’s e-wallet, one can transfer or receive skrill to skrill amounts, which is by all means better than sending or receiving cheque, money order or wire transfers.
For this process, you need to undergo further steps.
Log in to your personal area on your site. Two ways to withdraw
Have a look at withdrawing from your wallet-Open the app and view the main menu by entering the icon on the right-top of the screen. Then press “withdraw” under your wallet balance.
By selecting the account you want to withdraw money from on the main screen. Then press Withdraw.
You will see a full list of payment options available in your region. Pick the one that suits you best and press next.
The site usually processes withdrawal requests for 1–3 hours, but it’s up to your payment system how long it will take the money to reach the destination.
It is very easy to withdraw amounts from Skrill to any Pakistani bank. The user just has to keep in mind the following simple tips.
Once you have decided to withdraw funds, select a credit card, bank card, or debit card as your withdrawal method while processing the transaction. This form is the best, easiest, and convenient way to use it.
If the user has transferred the funds through eWallet, this option is available to you. You can only withdraw money to your eWallet account used for the deposit.
This withdrawal is subject to charges and takes longer than usual. Although this sounds like a last resort for withdrawing money, there are two benefits of withdrawing money through this procedure. These include:
The following are some of the FAQs on the internet by online users.
OctaFX minimum deposit is only $5 for the Micro account and $50 for the other account types. You can use up to 1:500 leverage; you can trade over 20 currency pairs, Gold, Silver and other. Spreads are floating; starting at 0 pips depends on the currency pairs.
Absolutely, OctaFX is one of those Forex brokers that have an excellent reputation in the financial markets due to their unique service offering, which caters to the different requirements of a wide variety of retail traders.
We usually process withdrawal requests for 1–3 hours, but it’s up to your payment system how long it will take the money to reach the destination. For different local banks, these limits may vary.
Yes, Olymp Trade is legal in Pakistan. The traders from Pakistan can trade online Olymp trade.
How to start trading in 4 easy steps
Register with OctaFX by opening an account. Having an account allows you to access your personal space on our website so that you can trade with OctaFX.
OctaFX is regulated in Cyprus and Saint Vincent and Grenadines. Their regulatory licenses are:
To make a deposit, follow the below steps to get it done.
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