Ronnie Irani

Forex brokers have remained to be a huge fan of football clubs, and this why OctaFX has remained to be a proud sponsor of the Southampton Football Club driving its potential to excellence. Not only in terms of the sponsorship, but there are many features that have attracted traders towards it. And this just leaves one thought in mind: Is OctaFX a right choice? The answer to this question will only be revealed here, as here we are going to discuss the features and services of the broker, and realize whether it stands to be a one of a kind broker or not. Features of OctaFX Forex Broker Known to many, OctaFX comes up with two forms of trading which are Micro Trading and true ECN/STP trading. Before knowing more about the broker, let's discover what exactly these forms of trading are. Micro trading is a common type of forex trading that offers a low risk market to the traders. Unlike the other forms of trading, here the investors only deal with small amounts and thus handle limited risks than the usual. Since the trading volume is low, it taken to be one of the best options for new traders who can try their chance in the arena of trading. True ECN or Electronic Communication Network is conferred to be the best way to deal with the Foreign exchange market. In this market, the traders have to follow the sophisticated financial protocol based by the broker and place their trade as per the latest fundamental, graphical and theoretical analysis. Chances of capturing markets with extremely high liquidity is better in this type of trading. OctaFX does its best to bring the ultimate micro trading and ECN/STP trading for the broker at the comfort of any device, such as phones, desktops, laptops and tablets too. Besides have a responsive platform it even endeavors high quality features, some of them are · The spreads and leverage of the broker is quite high which is equivalent to 0.2 pips and 1:500 respectively. · There is no spillage and no re-quotes in both the type of trading, which encourages better productivity · Gives the opportunity to trade with a maximum of 48 currency pairs along with Gold and Silver too · Swap Free Accounts with a market execution of 0.1 seconds, so that you can place your trade in no time · Expert advisors, scalping and hedging are allowed in every type of forex trading account offered by the broker. Reliability of OctaFX Forex Broker OctaFX has made reliability as its utmost priority. This can be easily understood from the fact that it through effective trading tools, services and features it satisfied the regulatory standards of Wales and England, which is regarded a stringent regulator. The achievements, reviews and regulatory framework of the broker undoubtedly prove that it is a reliable broker that can turn out to be the right choice for you, as here you can learn, nurture and implement the basic skills, strategies, and techniques that are essential to become an exceptional trader.

I am happy with both of these, I mean I wish to get both right and trade according to them, but it is obviously hard to get both right. I am trying to work over technical part, as that is so much easier especially with cTrader platform I use, it has advance charting system plus upgraded facilities, so that is very helpful for technical analysis. Now when it comes to Fundamental part, I am depending on OctaFX broker, as they provide me this facility for free, so that’s why I like it so much and this way I am able to get both working correctly, it was never possible without their support and guide, so that’s why I love it to work with them.

Sidejob, you are right, it is very strange mindset to use PAMM account, I mean if one is not confident about his chances on this business then he should simply leave it. I mean why risk our own money to others? I will never do that, I will always try to do it on my own and by chance, if I am unsuccessful then I rather quit then follow other’s tune. Luckily, I have got fair amount of success ever since I joined OctaFX Company, as been a scalper, I have been helped massively by the low spread, it rolls around from 0.1 to 1 pip on major pairs while quick execution within milliseconds in another great thing that makes them so good.

You are right Sidejob, there is no simple way to earn and it’s no rocket science to understand this. I believe earning money quickly after getting education and experience is quite very much possible, but in early phase of the career, it is not possible. I believe even the best of the best have struggled, but what they did right was to stick in there and continue with their work, it is what made them reach here, if we want to have luxurious life then we should give up on worry or tension. As you said analysis is the rightful solution, but for this we need to learn with full passion, I am doing that only and till then I follow OctaFX brokers provided analysis, as that’s pretty accurate too.

Frankly speaking, I am not scared or any timeframe, I mean we should trade on what we understand. Now if we are not able to understand how to trade on lower timeframe then how can we do that? I mean that’s the only thing for me at least. I am not scared of using lower timeframe, but I am definitely scared of trading without been confident. I always like using higher timeframe while currently on cTrader platform, I have got all timeframe from 1 minute to 1 year, it’s powered by OctaFX broker, so with such platform, it is obviously easier to do analysis, but still I put my confidence on higher timeframe, but still if we have experience then we can win from low timeframe as well.

Concentrating is definitely crucial, if we want to do well in business like Forex then we must concentrate well, as that’s the only way we will be able to plan well and then execute it correctly. If we are weak in concentrating then we will suffer a lot, as it is seconds in Forex that can make massive difference, so that’s why we have to be sharp not in spotting opportunities, but also to be able to ride them. I find practicing as the best way to sharpen up our skills and increase up the bar as far concentration is concerned, it gets helped greatly with OctaFX broker, as they have long list of demo contest like cTrader where we can win 400 dollars per week, so it’s ideal place to do practicing.

Mt5 platform is the worst I have seen, I believe it’s far better that we trade on solid platforms like Mt4; it has been my favorite ever since I started trading. At the moment, I use this and cTrader platform on separate account. I really love Mt4 as I said before, but cTrader is not far behind, as it is especially develop for ECN trading with no fear of manipulation or re-quotes, which of course is not my main concern anyway given that I work with OctaFX broker, it is a true ECN company, so I am very much satisfied with things there, but cTrader definitely makes things easier to do with extra touch of speed there to help us with performance.

I believe Forex is only going to become more popular in future, it is completely irrelevant to the overall results of people, as every business got winners and losers; it is never something that effects people. We should see any business to the actual benefits and that’s plenty in Forex, so that’s why the popularity is only going to get increased in coming years. I believe if we go through educational way then we can make it big without too much struggle, but without education, it is all too hard. I am lucky that I got perfect support in OctaFX, as after learning, I am able to practice things easily with the Champion demo contest, it has 1000 USD prize too.

In my view the best ECN broker has to be OctaFX, as they have proven themselves with years of achievements, as they have won 11 awards in just 4 years, so working with such company is pretty much dream like situation. I always wanted to work with broker that I can trust and rely upon, as that is how I can make higher investment without any tension, but majority of the brokers were not trustable to me. This is where, I am so proud to find this company, as with them, I can make investment without fear, as they have instant money transactions plus huge bonus of 50% on deposit, it’s more than enough things in one company to work.

I don’t really share these software or signals, I believe you should at least give a logical reason to try it or perhaps show us the results. I believe for any signal provider, it is absolutely vital that we see the previous performance or even if it’s software, it should be with sheet of the results that should weight the most. I am already very much satisfied with my performance courtesy to OctaFX broker, as they have awesome daily market news and analysis service, it is not difficult to use this and accuracy is too high as compare to majority of the analysis I have seen in the market and best part is this been free, so that’s wonderful thing.

I prefer been aggressive, so I use high lot size and that’s usually around 1.00, I have short targets with this high lot size, but due to tight use of SL, I am able to manage it well and it is also thanks to OctaFX broker for their rebate program, it is a cash back scheme where I am able to get 50% back according to the paid spread, so this means I can short cut any trade early if I feel it is not good for me and due to the cash back policy, I am able to do it with ease. Also, it is only due to this option that I can be aggressive if needed without fearing too much, so it’s all really good for me with them.

In my view this is sensible thing to do; if we don’t leave greed then we will only be left with nothing else. I have learned to get over the greed and it has helped me a lot with my level of consistency which was never possible when I was greedy, so that’s why I have learned to avoid greediness and that has helped me massively and allowed me to get fair amount of success. I trade with OctaFX broker which has played further role in enhancing my performance due to their rebate program where I am able to earn 15 dollars profits per lot size trade and this includes the losing trades too, so that’s why I like it so much.

I really love to participate on demo contest since it helps me so much in various ways, I am always eager to learn, but I feel really bored with demo account, so that’s why having to participate on demo contest can do such a great job for me or just about any new comer. The best part for me is that I am with OctaFX broker, it is a rock star as far demo contest is concerned with 3 top demo contest starting from Champion to cTrader and now the latest and probably the most exciting out of 3 with just been 90 minutes, but the thrill is something that’s hard to explain and we can win massive prize up to 400 dollars plus much more according to our performance.

Money management is definitely pretty crucial aspect of trading and for this we don’t need to be expert or have any degree, it comes with having better common sense and understanding the fact that, it is not possible to win every time which is why we need to plan for things when they wrong and at the time, it is money management that plays the key role. I work with OctaFX broker and there I get so much benefit given the giant bonus up to 50% on deposit and best part of this is that we can use this bonus, so that really help us to create larger money management and yet don’t let it affect our profit making ability.

It’s sometimes funny that there is only 2 options of Buy/Sell, but it looks like there are millions of options which is very strange, but it is only because when we get it right, we never let it go far, so our winning is never notice much, but for losses we let it go thinking it will eventually reserve, but majority times it won’t happen. Now when we learn to do trade with patience, it is the time we will find winning easier. I always love to do long term trading and that’s what I do with OctaFX broker using their swap free account where I can do long term trading with comfort and ease due to no worry of paying fees or charges for overnight trades.

Now day’s people are too lazy and impatient, so I can’t see majority lasting more than 1 month, but we need much more practice to have a chance of making profits consistently. I have used demo account for 2-3 months after that I continued my practice with OctaFX broker using their 8 dollars no deposit bonus, it is very nice for practicing while now after this I am still at practicing with demo contest Champion, it is lovely demo contest to be part of given the giant prize up to 1000 dollars while also this gives us real like feeling which is pretty cool as far new comers are concerned since mostly been bored is the biggest issue we face.

We don't have to follow every prediction.

My guide will be fairly simple and straight forward and that’s to locate broker’s history and figure it out how they treat low investors, as that’s how all successful brokers are built. It’s over 85-90% of the traders which are below 500 dollars investment, so if a broker is not treating them well then means 90% of the clients will be unsatisfied with things and I will never really want to work with such company. I trade with OctaFX broker and they are well known to take care of low investor with providing us with 50% bonus that’s use able too, so that’s easily the best and makes trading a lot more simpler and best part is that they give us all payments instantly without any issue.

Yeah of course it is definitely worthy to use Take Profit, it is ideal way to keep the risk factor gain and have more chance of success while another benefit is that we will never be required to make larger investment, it’s just perfect way to step up on the gas as far success is concerned, but we definitely need to make sure we have plenty of knowledge and experience to make it work. I trade with OctaFX broker where I can use TP or SL without any worry given that they are a true ECN broker, so there is no risk of manipulation or anything like that and that really helps me trade at my best, so that’s why I love to work with them.

I believe reality about Forex earning is straight forward and that is the one who is hard working and determined he is going to gain. I am fairly lucky that I never had to do all that much hard work all due to OctaFX broker, it is a really class company with having won 11 awards in just 4 years period, it is a sign of their greatness and for traders like me they are ideal company to work with. They help us in every possible manner starting from low spread of 0.2 pips, high leverage up to 1.500 plus there are so many more advantage like having free daily market news and analysis, it is a great facility to have to enhance our performance.

I want to know why you have such mindset? It’s just certain people who can use it like gambling, but that’s pretty horrible category to be in given they are losers in most occasion and winners on very few countable moments, I really don’t want to be like that which is why I am in different mindset as trader. I take trading as straight forward and simple business which we can win consistently, if we have knowledge or experience, I don’t really think we can ever be getting success without those things and then we will obviously play out as gambling which it definitely is not and with conditions like I get with OctaFX broker at the moment, it makes it so much easier with small spread of 0.2 pips, high leverage up to 1.500 plus much more!

Control the greed is not better; it is the best way to go for anyone if we wish to get anywhere near success or survival mode than greed control is very big need. I can’t see anyone getting success without getting the right control in place as even the best of traders will struggle with that, so that’s why we need to make sure that we control things well whether it’s for greed or emotions, it all has to be pick on to make them work. I trade with OctaFX broker where I get massive help especially with rebate program where I am able to earn 15 dollars profits per lot size trade including the losing one too, so that’s why it is perfect way to bring control into our career.

My first or whatever present knowledge I have, it’s from Baby pips, as even 2 years old can say after research that they are most in-depth educational platform online especially their school based system, it is pretty cool and helps me a lot. I won’t give them credit alone, but it has massive contribution from OctaFX broker that I am working with since last 3 years, as right from beginning till now they have always arranged magnificent demo contest and presently they have very special Champion demo contest where not only I am able to have chance to win up to 1000 USD while also the regular practice makes whatever I have learned even better for me given it always stay fresh due to regular practice.

Sidejob, I believe fear is not entirely bad because this can help us from making silly mistakes and perhaps also help us overcome the issue of getting over-confidence, I believe that if we remove fear too early before getting education or experience then I definitely fear we could do serious damage to our capital, so getting rid of fear should be one we are capable, but definitely not prior to that. I have got controlled over my fear, but I won’t want to get rid of it since it saves me from silly trades and rest I get a lot of help from OctaFX broker with their lovely daily market news and analysis service, it’s easy to follow and free as well.

If Forex was so easy thing to do then perhaps everyone would have been successful and the ratio of 95% losers was never so much highlighted, but the reality definitely say different opinion, it is the reason behind people are very scared when it comes to starting up in this business, it is great without any point of doubts, but that’s to the level one is willing to put effort into this. There is no freebies in the world at least in this modern time, so one always has to earn the right to be the best and luckily I have found things much easier than others due to OctaFX broker and their awesome conditions especially low spread of 0.2 pips, high leverages and much more, it’s all pretty good.