How to Earn Money Octafx

 

Is It Possible to Earn Money with OctaFX?

OctaFX remains one of the few brokers on the market that delivers both crypto and FX trading under one roof, so that you can get your forex and crypto fix from the same place. Whether you’re new to OctaFX or have been trading with them since their establishment in 2011, here’s an answer to this question—can you really earn money with OctaFX? The short answer is yes, you can! But before we get into how, let’s understand what we mean by earning money in this context.

What are the trading platforms like

Trading platforms are one of the most important factors in deciding which broker is right for you. Trading can be difficult, so it’s best not to deal with a buggy or slow platform. You want an intuitive platform that allows you to quickly execute trades and see real-time market data.

What are the market spreads

Margin requirements, account types, and deposit types: The spreads are a few pips wide at times, but not as much as some other firms. All of their accounts (except for one) start at $5K and up, which is above average for most retail traders. You can learn more about them here on their official website or sign up for a demo by using our link!

Which types of accounts can I open

You can open a demo or real account (either Basic or VIP) with no deposit required, and start trading immediately. You are also eligible for multiple attractive welcome bonuses, including $200 and $1,000 in cash bonuses. For example, when you create a real account and deposit at least $100 within 90 days of your registration date (using either Visa or MasterCard), you will receive a $100 credit into your trading account as soon as it clears.

What kinds of trading instruments should I choose from

A number of traders can’t decide which instrument will be their favorite and start trading. To help you choose a trading instrument, we offer two major categories: forex and CFDs. Read on and learn more about what are CFDs and how do they differ from forex markets. How do they work: The first difference between these two kinds of instruments is that while forex is regulated in most countries, CFDs are not regulated by anyone.

Where do I start

The best thing about CFDs is that you don’t need a lot of money to start trading them. Although minimum deposit amounts vary, depending on broker and currency pair, at most it’s $250-$500.

Recommended brokers

fxTrade/fxPremiere; eToro, ZuluTrade and iforex. Next up on our list of high-paying forex brokers are fxTrade and fxPremiere, which both offer 20%+ spreads. The minimum deposit amount is $250 for each of these accounts. There’s also a wealth of promotions in place, including fixed spreads on all major currency pairs from major banks and many educational tools for beginner traders. Another great broker worth mentioning is eToro.

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