Octa
Questions & Answers

I really like the platform, it is not just fast order exection, it is aslo in-built AI tools... The one that helps me pattern recognition had a positive effect on my PnL... not huge %, but I am up +13%... if I missed a brekout on some of the us stocks, I would have been just neutral, but thhose swings made my year... Also, spreads are quite low

At least for not messing with the usual manual trading, yes it makes sense. In terms of copy trading, it all depends on the quantity and quality of provided strategies. Compared to industry average, Octa’s copy trading is better. I’ve seen very poor service, like 2-3 strategies with promised “big winrates”. Here there is the variety and reasonable figures. The app is comfortable to use. Imho I’d suggest to use it as additional income, not the main source. Trade on your own and subscribe to some good strategy provider.

First thing you need to understand is that swap or overnight fee doesn’t really depend on your region. It’s not like EU rules force broker to charge swap or not. Swap fees are set by brokers themselves depending on their policies… for example, Octa is very well known for giving swap-free accounts. This is part of their core strategy since the beginning. So yes, even if you are based in Europe, you can open account here and trade swap-free :) and it would be smart thing to do if your trading strategy is swing trading or you like to hold positions long time.

No issues, but it also depends on the payment method as well. If it's something bank related, like wire or visa, then depo is quick but withdrawal is going to take time. Even if Octa processes it in 1 hour, the funds may arrive much later. But about crypto and e-wallets. Octa does process the withdrawals quickly, usually in under 3 hours, if there are no difficulties. THen it takes like 5-10 minutes for the funds to arrive in your wallet.

I was a victim of this scam, this company took my hard earned money, to be very honest it was not easy meeting different acclaimed recovery person for help to recover my money, as God may have it, I was lucky to meet Alex crypto FX at writeme dot com (he's email). Who helped recover my lost funds in just 48 hours, I almost thought I have lost it all until I met him. I personally recommend him to you

Hello, Cheng Z.! Thank you for reaching out to us with your question. Our AI pattern recognition feature is a helpful tool that can support your trading decisions by identifying technical patterns in real time. However, while it offers valuable insights, we recommend using it as part of a broader trading strategy rather than relying on it for every trade. Combining AI insights with your own analysis—whether technical, fundamental, or both—can lead to more informed and confident decisions. If you have any more questions, feel free to contact us at support@octafx.com. Thank you.

Any hassles that can happen are only cause of your bank. See if it supports forex brokers (I know some banks don't, and will flag your transaction to them OR from them). Paying in crypto is the easiest, but you have to make sure you copied the correct wallet address. If you copy it wrong, theres no returning of funds there. Easiest and cheapest way is through USDT on TRC20 network I found, its the cheapest of them all, always $1 in network fees (mby dogecoin is cheaper, never tried that).

Hello Bishr, thank you for your question! At the moment, the AI pattern recognition feature is available exclusively for OctaTrader accounts. This tool is designed to enhance your market analysis experience by helping you identify chart patterns in real time. We're always working on expanding our tools and features, so feel free to stay updated through our official channels. If you have any further questions, you're welcome to reach out to us at support@octafx.com. Thank you.

Oh yes they aren't. I know how surprising it might sound but the broker is pretty cost effective.