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How to Register and Verify Account in OctaFX


How to Register Account at OctaFX


How to Register a Trading Account


To open a trading account, please, follow the step-by-step instruction:


1. Press the Open Account button.

The Open Account button is located at the top right corner of the webpage. If youre having trouble locating it, you can access the registration form using the signup page link.
How to Register and Verify Account in OctaFX
2. Fill in your details.

After pressing the Open Account button, youll come across a registration form asking you to fill in your details. After filling in your details, press the Open Account button below the form. If youve selected to sign up with Facebook or Google, fill in the missing information and press continue.
How to Register and Verify Account in OctaFX
3. Verify your email address.

After providing your details and submitting the form, youll be sent a confirmation email. After locating and opening the email, press Confirm.
How to Register and Verify Account in OctaFX
4. Fill in your personal details.

Following confirming your email, youll be redirected to our website to fill in your personal details. The information provided must be accurate, relevant, up-to-date, and subject to KYC standards and verification. Please notice that you need to be of a legal age to trade Forex.
How to Register and Verify Account in OctaFX
5. Select a trading platform.

Next, youll need to choose which trading platform you want to use. Be prompted to select between either a real or a demo account.
How to Register and Verify Account in OctaFX
To understand which account is best for you, you should check our detailed comparison of Forex accounts and their types and compare trading platform features from OctaFX. Most clients typically choose the MT4 platform.

Once youve selected your desired platform, youll need to choose whether you want to open a real or a free demo account. A real account uses real money, while a demo account allows you to use virtual currency with no risks.

While you cannot withdraw funds from the demo account, you will be able to practice strategies and become acquainted with the platform without a hassle.


6. Complete account choice.
  • After choosing a platform, press Continue to finalize your account creation.
  • You will see a summary of your account, including:
  • Account number
  • Account type (demo or real)
  • Currency of your account (EUR or USD)
  • Leverage (you can always change it in your account later)
  • Current balance
How to Register and Verify Account in OctaFX

7. Make your first deposit and submit a verification document for withdrawal.

You can then make your first deposit, or you can first complete the verification process.

Please, notice that according to our AML and KYC policies, our clients must verify their accounts by providing the required documents. We request only one document from our Indonesian clients. You need to take a photo of your KTP or SIM and submit it. This way validates you are a sole holder of a trading account and ensures no unauthorized access.

Following the steps above allows you to create a trading account on OctaFX. To start trading, you need to initiate the deposit process.

Read how to deposit at OctaFX.

Before opening an account, it’s important to familiarise yourself with this information:
  • Please, read the customer agreement thoroughly before you open an account.
  • Forex margin trading involves substantial risks. Before entering the Forex market, you need to be aware of the risks involved.
  • AML and KYC policies are in place to protect accounts from unauthorized access. To secure transactions, we require documents verification.

How to Register with a Facebook account

Also, you have an option to open your account through web by Facebook and you can do that in just few simple steps:

1. Click on Facebook button
How to Register and Verify Account in OctaFX
2. Facebook login window will be opened, where you will need to enter your email address that you used to register in Facebook

3. Enter the password from your Facebook account

4. Click on “Log In”
How to Register and Verify Account in OctaFX
Once you’ve clicked on the “Log in” button, OctaFX is requesting access to: Your name and profile picture and email address. Click Continue...
How to Register and Verify Account in OctaFX
After That You will be automatically redirected to the OctaFX platform.


How to Register with a Google+ account

1. To sign up with a Google+ account, click on the corresponding button in the registration form.
How to Register and Verify Account in OctaFX
2. In the new window that opens, enter your phone number or email and click “Next”.
How to Register and Verify Account in OctaFX
3. Then enter the password for your Google account and click “Next”.
How to Register and Verify Account in OctaFX
After that, follow the instructions sent from the service to your email address.

OctaFX Android App

How to Register and Verify Account in OctaFX
If you have an Android mobile device you will need to download the official OctaFX mobile app from Google Play or here. Simply search for “OctaFX – Mobile Trading” app and download it on your device.

The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, OctaFX trading app for Android is considered to be the best app for online trading. Thus, it has a high rating in the store.



FAQ of Account Opening


I already have an account with OctaFX. How do I open a new trading account?

  1. Sign in to your Personal Area with your registration email address and Personal Area password.
  2. Click Create account button on the right of My accounts section or click Trading Accounts, and select Open real Account or Open demo account.


What type of account should I choose?

It depends on the preferred trading platform and the trading instruments youd like to trade. You can compare account types here. If you need to, you can open a new account later.


What leverage should I select?

You can select 1:1, 1:5, 1:15, 1:25, 1:30, 1:50, 1:100, 1:200 or 1:500 leverage on MT4, cTrader or MT5. Leverage is virtual credit given to the client by the company, and it modifies your margin requirements, i.e. the higher the ratio, the lower the margin you need to open an order. To choose the right leverage for your account you can use our Forex calculator. Leverage can be changed later in your Personal Area.

How to Verify Account in OctaFX

 

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, signature, photograph, ID issue and expiry dates and the serial number must be clearly visible. The ID must not have expired. The entire document must be photographed. Fragmented, edited, or folded documents will not be accepted.

If the issuer country differs from the country of your stay, youll also need to provide your residence permit or any local government-issued ID. The documents can be submitted within your Personal Area or to [email protected]


Step-by-step guide

1. Put your KTP or SIM on a table or other flat surface in front of you.

2. Take a photo of its front side with a digital camera or your smartphone’s camera as it is shown below:
How to Register and Verify Account in OctaFX
3. Make sure that all the required details are easy to read and all corners of the document are visible on the photo. Otherwise, your verification request will be declined.

4. Upload the photo via our verification form.

Important! We do not accept scanned copies.


You will not get verified with:
  • Your photo without personal details
How to Register and Verify Account in OctaFX
  • A screenshot of the document
How to Register and Verify Account in OctaFX



FAQ of Verification


Why should I verify my account?

Account verification allows us to make sure your information is valid and protect you against fraud. It ensures that your transactions are authorised and secure. We strongly recommend submitting all of the required documents before making your first deposit, especially if you want to deposit with Visa/Mastercard.
Please note that you can only withdraw funds if your account is verified. Your personal information will be held in the strictest confidence.


I have submitted the documents. How long does it take to verify my account?

It usually takes just a few minutes, but sometimes it may require more time for our Verification Department to review your documents. This may depend on the amount of verification requests, or if it was submitted overnight or at the weekend, and, in these cases, may take up to 12-24 hours. The quality of the documents you submit can also affect approval time, so make sure your document photos are clear and not distorted. Once verification is completed, you will get an email notice.


Is my personal information safe with you? How do you protect my personal information?

We use highly secure technology to protect your personal data and financial transactions. Your Personal Area is SSL-secured and protected with 128-bit encryption to make your browsing safe and your data inaccessible to any third parties. You can read more about data protection in our Privacy Policy.
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