Guide on How to Trade Forex at Octafx

The main goal of trading on the trading platform is to make a profit. Therefore, knowing the stages of how to start trading on a particular platform must be mastered by a trader. How to trade at Octafx from scratch? Here is the review.

Guide on How to Trade Forex at Octafx

Login To Octafx Web Based Platform

Trading activities at Octafx can only be done through the platform. Therefore, the first step a trader should take is to log in to the Octafx platform. This can be done by opening a browser and searching for platforms in the search field.

The Octafx website itself does not require installation first. This means traders don't have to install the app on the device. Entering this platform can also be done using various devices such as Android or desktop.

Create an Account

Before you can start trading on Octafx, especially for transactions, a trader must first have an Octafx account.

For how, first, open the Octafx application on the device via the web or install the application first. On the first page, several main menus will appear. To create an account, click on the “Register” menu.

Here you will be asked to enter your email name and password. You will receive an email from Octafx via the registered email address. Click "Confirm Account" to continue creating the account.

Next, you will be asked to fill in personal data and information. Complete the requested data correctly, and follow the instructions for the next steps until the account creation is complete and you get the account.

Open Octafx Account

The next step to take to trade at Octafx is to open an account. This step can be done after getting registered and getting an account.

The way to trade at Octafx at this stage is to enter the personal area page. This step aims to manage your assets so you can get various additional bonuses and participate in various promotional programs from Octafx.

Making Deposits

Making a deposit payment is the next step for how to trade at Octafx. Deposit is the initial capital that you have to deposit on the Octafx platform, which will later be used to make transactions on this platform.

At Octafx, deposits can be made in various ways. Among them by transferring via account numbers, using electronic wallets, and you can also use Bitcoin currency.

Deposits can be made by entering the personal area page, then selecting the "deposit" menu on that page. Next, you just have to choose the desired payment method, whether by transfer, electronic wallet, or using Bitcoin.

At Octafx, the minimum initial deposit that you have to deposit is $100. However, the amount of this deposit is not the same in each region, according to the time of registration. Next, make the payment according to the instructions provided.

Opening Trades

After making a deposit payment, you can start trading, by opening an order. Here you only need to click "buy" if you are going to make a purchase, and click "sell" if you want to sell.

At this stage of how to trade on Octafx, you also have to determine the level of leverage. This step aims to maintain your position, so that later you can open orders with a larger volume.

Trading on the Octafx platform does require several strategies in order to benefit from the trades you make. Here, you need experience so you can determine the right steps before trading.