简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:How does the worldwide Forex brokerage service OctaFX fair in light of current uncertainties and anxieties in financial markets in general, and the foreign exchange market in particular? We investigated the firm further to find out.
Financial self-determination is helped by the fact that financial services are becoming less centralized and consumers are becoming more independent when they enter new markets. However, the recurrent and genuine issue of which financial services deserve the confidence and which are out to take advantage of—or even exploit—unsuspecting new consumers remains.
This time, we decided to look at the international broker OctaFX to see how honest, reliable, and good their service is overall.
A proven track record
For over eleven years, the broker has been active in the worldwide market. That is an eternity in the Internet era, particularly when you consider how many dodgy “one-day brokers” or outright fraudulent platforms are launched every single day. In a competitive and ever-changing industry like forex, devotion, tenacity, and discipline become vital foundations that cement the longer a firm remains relevant, develops, and aims to even higher standards.
Over the previous 10 years, the firm has received over 45 significant industry honors. These awards demonstrate the company's accomplishments and excellence. To mention a few, International Business Magazine's “Best Global Broker Asia 2022,” the Global Banking & Finance Review's “Best Forex Broker Malaysia 2022,” and Singapore-based World Business Outlook's “Best Trading Conditions Asia 2021.”
Community
Upon research, OctaFX's customer base seems to be solid—the statistic of over 12 million opened accounts attests to this. Furthermore, its customers originate from 150 nations throughout the globe, and 8.8 million distinct requests have been successfully processed thus far. Furthermore, nearly a billion trading orders were performed using this financial service. This might be because OctaFX provides its customers with some of the greatest trading conditions on the worldwide market.
Corporations' accountability
When it comes to social and charity work, it can be hard for companies in the financial sector to keep the public's trust because they make so much money from their services. In this aspect, OctaFX's sincerity, dedication, and effort in corporate responsibility are stuck. The most recent cooperation we learned about was with the Great Vision Charity Association. They gave six Malaysian students an allowance for the next year that they would not have gotten otherwise.
Education
At OctaFX, education and philanthropy often go hand in hand. They care a lot about not only staying in touch with their customers but also helping them reach their investing goals. The organization seems to have figured out a simple fact: if you want to help someone reach their investment goals, you must first teach them about the subject.
The broker offers an excellent online training program, a large number of specialists and professors, and a large number of webinars. Personal growth is high on the priority list here.
To guarantee the experience
There are no two ways about it: security is the foundation of any financial service or organization. True transparency and reliability come with efficient, cutting-edge security. All of these concepts are interconnected, and they can be seen in the digital infrastructure that OctaFX has constructed and maintained over the years. OctaFX is a data-driven organization that investigates and employs cutting-edge financial technology to maintain the greatest degree of security. One of the key reasons is the user experience—an increasing number of retail investors and traders join OctaFX's trustworthy environment.
To summarize
It all comes down to the long-term relationship the broker wants to establish and maintain with its customers. On the one hand, it is a multinational firm; on the other, it manages to retain extremely local-regional honors, such as the aforementioned “Best Forex Broker Malaysia 2022,” but regular charity projects in areas near its real clientele speak plainly of this fact.
Stay tuned for more Forex Broker News.
Download the WikiFX App from the App Store or Google Play Store.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The German Federal Financial Supervisory Authority (BaFin) has recently flagged a fraudulent clone of the licensed retail FX and CFD broker Pepperstone. This fake entity, operating under the domain pepperstone.life, has been offering financial and investment services without obtaining the necessary regulatory authorisation.
The Royal Malaysian Police (PDRM) have raised concerns over the increasing use of TikTok by criminal syndicates to lure victims into investment scams.
Webull Canada now offers extended trading hours from 4 a.m. to 5:30 p.m. ET, plus options trading. Gain flexibility and manage risk in an ever-changing market.
Webull Financial, alongside Lightspeed Financial Services Group and Paulson Investment Company, LLC, has agreed to pay a collective fine of $275,000 following an investigation by the US Securities and Exchange Commission (SEC). The penalty was issued due to the firms’ failure to include essential information in suspicious activity reports (SARs) over a four-year period.