OctaFX rebrands and cuts spreads by 20-25% in 11th anniversary

Rick Steves

OctaFX has now decided to rebrand and adopt a fresh new look, with refined colors, space-inspired elements, and a new logo.

OctaFX is 11 years old and to mark the anniversary, the FX and CFD broker has lowered spreads by 20% on XAUUSD, EURUSD, GBPUSD, USDJPY, GBPJPY, USDCHF, XTIUSD, and US30, as well as by 25% on BTCUSD and ETHUSD.

Throughout the last 11 years, OctaFX has reportedly executed over 1 billion trades for more than 12 million client accounts spread across over 150 countries.

OctaFX has a strong presence on YouTube, where it offers education material to more than 600,000 traders, having developed approximately 2,500 educational webinars.

The broker has removed swaps for all clients, added 30 cryptoassets, and supports 28 languages.

OctaFX shares core philosophy amid rebrand

In an announcement, OctaFX shared the core elements of its philosophy that explain its success next to customers.

“OctaFX is always online. The broker has already processed 8.8 million requests and dedicated approximately 96,800,000 minutes to resolving issues and answering the questions of its clients honestly and openly.

“OctaFX is always looking for ways to improve, and therefore analyses all feedback carefully. Identifying the problems traders face when using its services or functionality they wish the broker had is what guides OctaFX’s development. Apart from other significant changes, it managed to decrease the average verification process to around three minutes, with 85% of clients passing it on the first time”, said the statement.

“Constant change in the financial world is what keeps OctaFX agile and ready to transform and develop at all times. This approach resulted in releasing its own mobile trading and copytrading apps, adding a variety of popular financial instruments ranging from cryptocurrencies to stock indices, and developing a copytrading platform with unique features for finding and copying professional traders.

“Data is what OctaFX is driven by. The broker is constantly conducting research and analysis of itself, learning about the latest financial technologies—all to make sure it provides the clients not only with the best trading conditions, but also with the cutting edge technical solutions”, the broker continued.

OctaFX has now decided to rebrand and adopt a fresh new look, with refined colors, space-inspired elements, and a new logo.

Read this next

Digital Assets

Midas launches investment strategies for the ‘crypto winter’

Midas.Investments has released three new investment strategies on its custodial CeDeFi platform, creating new opportunities during the ‘crypto winter’.   The platform merges diverse approaches to digital asset management into single-click products to let investors gain steady profits in any market conditions — including the ongoing bear market. a custodial CeDeFi platform, CeDeFi: Unlocking the […]

Digital Assets

Bitcoin.com Wallet adds several ERC-20 tokens

The product expansion includes representatives of the DeFi world, the Metaverse, and the largest stablecoins.

Market News

Savvy Investors to Profit Whether the Stock Market Rebounds or Not

Equities have gone up enormously since the low. SP500 has gained 13.88% since June 17. In August, the indices drifted sideways. On Wall Street, veteran investors expect a move in either direction.

Industry News

Wall Street-backed MEMX obtains SEC approval for options trading platform

The company has raised more than $135 million in funding from 18 stock trading and investing heavyweights, including BlackRock, Citadel Securities, and Morgan Stanley.

Industry News

Amundi US launches ESG strategy that seeks to outperform S&P 500

Amundi’s Responsible investing team includes more than 45 specialists, and its ESG analysis covers more than 13,500 issuers across debt and equity.

Industry News

Verto launches embedded FX payments solution

The Verto API automates currency conversions, tracks payments and exchange rates in real-time, and is being launched in the follow-up of a $10 million in Series A funding last year.

Industry News

SEC awards over $16m to whistleblowers after another successful enforcement action

The program is 10 years-old and has arguably played a critical role in the Division of Enforcement’s ability to effectively detect wrongdoing, protect investors and the marketplace, and bring violators to justice.

Digital Assets

Ripple submits most succint explanation of Hinman issue in XRP lawsuit

It might be useful to get up to date as this could be the end of the road for the SEC.

Retail FX

TradingView integrates first Brazilian broker, Órama Investimentos

Órama offers all kinds of investment products, from fixed income to crypto-related funds.

<