OctaFX A Forex broker that isn’t restricted in any way, offers an additional 50% of the deposit for new customers who sign up. The company is internationally based and offers Forex Trading services to Forex traders from more than 80 nations. The broker provides trading access to various options, such as stocks, CFDs as well as Forex exchange rates. The broker also offers competitive terms. The deposit bonus offered by OctaFX full report is now available.
OctaFX clients will get the deposit bonus of 50. The promotion will only last for a limited time period and must be approved by brokerages. Only new clients are eligible to open Micro or Pro accounts, and make deposits of at the minimum of 50 US dollars.
We recommend you look into XM’s fifty percent deposit bonus, since the bonus terms and conditions aren’t very easy and easy to understand.
OctaFX Deposit Bonus Information
The deposit bonus terms of OctaFX could be a little complicated. The terms of deposit bonuses are explained in depth, however, it’s not simple to comprehend. Let’s take it further.
You’ll receive an amount of deposit bonus that is 10 percent, 30 percent or 50% based upon the deposit amount. This means you will be able to trade using more cash than you initially deposited. You are able to trade with more than what you’ve put in, if you consider the maximum leverage for brokers is 1:1000. Let’s take this in the context of. Let’s say that you’ve recently made a $1000 deposit. You are qualified to receive a 50 percent bonus. You’ve agreed. You have now 1500 dollars to your credit card. But, with greater leverage, you are able to exchange as much as $1.5 million for each trade.
It is important to be aware of the dangers. It could result in massive profits, but also devastating loss. The broker could have a limitation. The leverage of 1:1000 is only available to those who reside in Bangladesh, Indonesia or Malaysia. The leverage 1:1000 is only available to accounts with MT4. This might seem to be an issue. The broker’s focus is on these three countries primarily. But, no matter where you live the broker is focused on, you’ll be qualified to receive the deposit bonus of 50.
How the deposit bonus at OctaFX operates
Let’s take a look at the specific guidelines that outline what traders must perform in order to receive an extra bonus.
- Sign up for the broker’s Micro or Pro accounts.
- The minimum amount of deposit is $50.
- Apply for your bonus
- Trade immediately
There is no trick that aren’t legal, like obligatory emails to brokers or other such. If he believes that your activity on your account is suspect, the broker has the right to remove the Bonus. The information you need to know is part of the Terms and Conditions. Don’t be shocked if this occurs to you. You can always reach OctaFX customer service to report the issue. They’ll get back to you as soon as they can.
It’s important to note that the bonus won’t last forever. In the event that you put $100 into your account the $50 will be added as an additional bonus. But, if you withdraw $100 from the bonus can cause the bonus to be cancelled. If you frequently trade however, you may take your profit immediately, without removing any bonus.
You can cash out the deposit bonus from OctaFX.
The most difficult aspect of trading is reclaiming your bonus. Brokers often require you to make more trades than you earn as an incentive. OctaFX does not make it very difficult, however, it requires that clients be able to meet a quantity requirement. After you’ve met the requirements for trading and the broker allows you take your bonus money. It will be contingent on the amount you deposit and how much. The bonus is to be used for trading. Don’t be tempted to take advantage of your bonus, as it may hinder your ability to trade in large quantities and earn more money.
Does the deposit bonus adequate?
It’s more affordable than many brokers when you look at all of the options. It is not the most affordable but it’s an excellent choice when you consider the service and quality offered by this broker.
OctaFX was able to include an amazing bonus feature permitting you to cash out the bonus upon reaching a certain trading amount. Most importantly, it was simple to gain access. While you might not be completely in agreement with features like restricting customers to leverage, it’s one of the best offers in the business.
FAQs regarding the deposit bonus
- How do Claim my bonus from OctaFX?
Create an account to trade using OctaFX. Deposit at minimum 50 US dollars. You will be awarded a bonus on every dollar you make. The broker will give you the deposit bonus of percent, 20% or 50%, depending the amount you’ve put into. To withdraw the bonus, you must first satisfy the minimum volume of trading.