OctaFX Trading Account Types – Demo and Spread Comparison

What Account Options Does OctaFX Provide and How Do They Suit Different Traders?

OctaFX offers three primary trading accounts – MT4, MT5, and OctaTrader – each tailored to different trader profiles. All accounts are commission-free, support swap-free (Islamic) options, and allow for demo access. Leverage can go up to 1:1000 for Forex trading, depending on the asset type. Whether you're a beginner, algorithmic trader, or a scalper, theres an account setup that matches your goals. Importantly, traders can open multiple account types simultaneously and switch between live and demo environments freely.

What Are the Account Types, Minimum Deposits, and Leverage Options at OctaFX?

Asset-specific leverage maximums:

• Forex: up to 1:1000
• Metals / Energy / Indices: up to 1:400
• Cryptos: up to 1:200
• Stocks (MT5 only): up to 1:40
• Intraday assets: up to 1:1000

All accounts provide:

• Market Execution
• No commission
• Floating spreads
• Customizable leverage (from 1:1 up to the max allowed)
• Dedicated account manager
• 24/5 support

FAQs about OctaFX Account Type & Fees

Q1: Whats the minimum deposit required to open an account?

Just $25 is enough to open any live trading account on MT4, MT5, or OctaTrader.

Q2: Are the spreads fixed or floating?

Spreads are floating and start from 0.6 pips on major currency pairs.

Q3: Can I use Islamic (swap-free) accounts with OctaFX?

Yes, all accounts can be converted to swap-free by enabling Islamic mode in your account settings.

Q4: Do any OctaFX accounts charge commissions?

No. All account types are commission-free — you only pay through the spread.

Q5: Is there a difference in leverage across accounts?

All accounts offer the same maximum leverage per asset class, but you can adjust it per your preference.

Q6: Can I open both live and demo accounts simultaneously?

Yes. You can have multiple account types and demo accounts at the same time.