OctaFX Blog

Trading Platform What trading platforms do you offer? We offer three very well-known trading platforms: MetaTrader 4, MetaTrader 5 and cTrader. You can open both demo and ...

How to Sign up at OctaFX How to Sign up a Trading Account To open a trading account, please, follow the step-by-step instruction: 1. Press the Open Account button. ...

Account Opening How do I sign up? Submit the signup form to open your first account. Fill in all the required information and click "Open account", or simply sign up ...

Deposit Bonus What deposit bonus do you offer? You can claim 10%, 30% or 50% bonus on each deposit.   How can I claim the bonus? To claim the bonus you need to make...

Metatrader 4 (MT4)   Metatrader 4 Web-platform MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform...

How to Withdraw Money from Your Trading Account or Wallet Important: by the law, you can only withdraw money after verifying your profile—this is required by law. Log in to ...

How can I verify my account? We require one document proving your identity: passport, national identity card or any other government-issued photo ID. Your name, date of birth, si...

Autochartist Market Reports provide a clear overview of the current trends across most popular trading instruments. Delivered to your inbox at the beginning of each trading session, the reports can suggest which trade you should enter next or whether your current strategy needs an adjustment. Moreover, it provides significant time saving benefits in analysing the charts. Each Market Report consists of three main sections:

What types of accounts does OctaFX offer? OctaFX offers a wide range of trading accounts suitable for any trading strategy and any level of your trading experience. Both real a...

I’m guessing you’re interested in trading because you want to break the shackles of your 9 to 6 job. Or maybe you want to generate another source of income so you can be financially secure. Whatever the case is, trading gives you hope. The hope that you can be financially free and better provide the needs of your family. However… Hope isn’t enough if you don’t know what you’re dealing with. So, are you ready to learn the truth about trading and hopefully, make it work for you? Then read on…

Forex candlestick patterns are a popular tool to analyse price charts and confirm existing trade setups. They have been used for hundreds of years by Japanese rice traders and have made their way to the West through Steve Nison’s books. In this article, we’ll cover what Forex candlestick patterns are, how they’re formed, and how to trade on them.

The 50-day simple moving average (SMA) is commonly plotted on charts and utilized by traders and market analysts because historical analysis of price movements shows it to be an effective trend indicator. The 50-, 100- and 200-day moving averages are probably among the most commonly found lines drawn on any trader or analyst's charts. All three are considered major, or significant, moving averages and represent levels of support or resistance in a market. So you’re wondering: “Which is the best moving average?” Well, there’s no best moving average out there because it doesn’t exist (as it depends on your objective current market structure). But in a healthy trend, the 50 day moving average is king. And that’s what you’ll discover in today’s post, so read on…