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OctaFX Pakistan: How to Start With

© by OctaFX Pakistan

Pakistani traders have many options on how to gain access to financial markets. OctaFX is one of those brokers, providing local market participants with the opportunity to buy and sell 35+ currency pairs various CFDs on stocks, indices, cryptocurrencies, and others. Below you will find a brief guide on how to start trading with this Forex brokerage firm.

Creating an Account

OctaFX does its best to allow you to start with the brokerage firm with no difficulties. Thus, to create an account, you need to provide the company with a bunch of your personal data, including First and Last Name, as well as your email address. You can also register using your Google Account, Facebook, or Apple ID.

Keep in mind that after the registration procedure, you will also be asked to verify your data, as all traders’ data at OctaFX is subject to AML/KYC policies.

Depositing Funds

Once your OctaFX Pakistan account is ready, you can proceed with crediting it with real cash. It is to mention that the brokerage firm accepts various payment methods, including credit/debit cards, eWallets, and a variety of cryptocurrencies.

While the minimum deposit is not set by a brokerage firm itself, there are some payment limitations, depending on a particular banking option. Thus, to start buying and selling assets at OctaFX, you need to deposit at least $25 from your VISA card, or EUR50 from your Mastercard card. To learn more about those minimum amount limitations, you can visit the Deposits and Withdrawals section of the OctaFX official website.

Boosting Your Trading Opportunities

OctaFX is one of those rare Forex brokerage firms offering lucrative bonuses to their clients. All new clients can benefit from a 50% welcome package, allowing you to spend even more cash on various assets and CFDs. The welcome bonus is transparent and fair with affordable rollover requirements.

Apart from this generous welcome program, the brokerage firm offers various loyalty statuses, allowing traders to benefit from even more opportunities, including 24/7 support, commission-free transfers, personal account managers, faster withdrawals, etc.

Picking a Trading Platform

OctaFX allows you to trade with one of the most sophisticated trading software apps — Metatrader. Traders can choose between the fourth and the fifth version of this trading terminal and benefit from all their features, including deep technical analysis, macroeconomic data, trading bots, strategy tester, graphic analysis tools, and others.