OctaFX Broker Deposits & Withdrawals

[Jimmy Cook]

One of the newest and most revolutionary platforms available for trading is the OctaFX broker. This broker is based in Saint Vincent and has won numerous awards for the services it offers to its clients. This broker is an ECN/STP broker and is a part of the international finance community. This broker is known to allow traders and trade to develop and grow and reach new heights of success. It is a micro trading platform which is gaining immense popularity. This service is known for helping and providing its clients with the best customer support and other services.

 

Deposit

 

In order to create an account with OctaFX broker for any type of trade an account needs to be created. When an account is created a trader can not only trade but also receives added benefits. When you create an account you are provided a personal area where you can see details of all the transactions that you have performed till date. This personal area contain information about all the transactions and profits been made through your account.

 

After the account is created all you have to do is deposit the amount. The amount that needs to be deposited initially varies with your method of payment. If you are wiring the money then a considerably larger sum of money needs to be deposited. If the transaction being performed is through a card or online transfer then an individual only need to pay a mere $5. The user does not receive any commission in most of the forms of submission of money. There is a standard procedure which needs to be followed otherwise the OctaFX broker system will not be able to recognize that a transaction has been performed.           

  

Withdrawal

 

After a trade is conducted the amount that you earn is automatically credited to your account. When you generate huge profits you might also earn commissions along with it. Whenever you want to withdraw the sum form your account of this broker you need to verify that it is you. This verification can be done by providing some concrete information that you have set as the recognition for your account. No other third parties are allowed to make withdrawals from your account of OctaFX broker. This is strictly prohibited as you are the owner of the account and should ensure safety of your account from your side as well. It takes approximately an hour to process the request and if the request reaches after the office hours then it will be processed the next day. The procedure for withdrawing is similar to that of depositing into your account.

 

Funds Security

 

The funds of the clients are kept separate and different balance sheets maintained for them by OctaFX broker. They do not mix it up with the assets of the company so that the amount of the client is kept safe. All the financial transactions are performed under highly encrypted environment and this is the reason why no fraud or scam can be carried out. Your verification is needed throughout the process of both deposit and withdrawal ensuring that it is you who withdraws and submits the amount.      

[Prissila]

Hello, by saying that OctaFX broker is the  newest broker, does it mean it has no experience in this business? Personally, I can never trade with new brokers, New brokers are prone to slippages, errors name it!