Octextrade
Regulated By: Octextrade is regulated by FCA, UK . But there is no trusted regulatory information.
Headquarters: Pittington Rd, West Rainton, Houghton spring, United Kingdom
Promotion: N/A
Foundation Year: 2021
Min. Deposit: $2000
Max Leverage: 1:10000
Your money is at risk
Website Languages: English and other languages
Minimum Spreads: 0.2 pips
Swap Free Acc: Yes
Acc Funding Methods: Bank Transfers, Credit card/ Debit card
Vip Accounts: Yes
Type Of Broker: ECN/STP/Micro/Crypto/Demo
Mini Accounts: Yes
Acc Withdrawal Methods: Bank Transfers, Credit card/ Debit card
Segregated Acc: Yes
Islamic Accounts: No
Managed Accounts: Yes
Free Demo Acc: Yes
Trading Platform: Web Trading
Web Trading: Yes
Hedging Scalping: Yes
News Trading: Yes
Mobile Trading: Yes
No Deposit Bonus: No
Welcome Bonus: This broker is not providing any welcome bonus
Telephone: Unavailable
Trading in Public: Yes
Tradable Options: Forex Currencies, Crypto, Commodities, Indices, Stocks
Email/Skype: [email protected]
Fax: Unavailable
Octextrade is an online trading broker that trades on Forex, CFDs, Stocks, Indices, and Commodities. This broker also trades on Cryptocurrencies. Trading with this broker is easy and cost-saving. This broker is free from UK stamp duty. Clients can get access to the 1500 global shares.
Octextrade provides their client with a free demo account. Besides this, this broker has seven types of live trading accounts. All these accounts come with a different level of minimum deposit. The spread and leverage are also different. The different account comes with different facilities. All these accounts are discussed below:-
- Starter Account:- This account starts with a $2000 minimum deposit. The spread in this account is 3.3 pips and the leverage in this account is 1:300. This account holder will only get live chat support.
- Basic Account:- This account starts with a $10,000 minimum deposit. Just like the starter account, this account also has a spread starting from 3.3 pips. The maximum leverage in this account is 1:500.
- Bronze Account:- This account requires a $30,000 minimum deposit. The spread in this account is 2.2 pips and the maximum leverage in this account is 1:700. This account gets access to all the educational tools this broker provides.
- Silver Account:- This account starts with a $50,000 minimum deposit. The spread in this account starts from 1.5 pips and the maximum leverage on this account is 1:1000. This account gets a technical analysis report.
- Gold Account:- The minimum funding required for this account is $100,000. The spread in this account is starting from 1.0 pips and the maximum leverage on this account is 1:5000. This account gets emails on market updates.
- Platinum Account:- This account starts with a $250,000 minimum deposit. The spread in this account is 0.5 pips and the maximum leverage in this account is the same as the Gold account. All the features in this account are just as same as the gold account.
- Premium Account:- This account starts with a $500,000 minimum funding. The spread in this account starts from 0.2 pips. The maximum leverage in this account is 1:10000. This account gets all the facilities just like the Gold and the Platinum account.
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