Is it safe to open an account at OctaFX?

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M
Mamat
30 Apr 2015, 04:27 2,901 Views
I want to ask about OctaFX, is it safe for my master to open an account there?

1 Answer

R
rachmat 01 May 2015, 08:20

In our opinion, each broker has its advantages and disadvantages. Both in terms of services and other facilities. You can try it. You can deposit a small amount of funds. You can see how it performs. Once you know it, you can continue or even close it. And when choosing a broker, adjust it to your financial condition. And know that forex trading is not a trade that can immediately generate profits in a short time. You can experience ups and downs in this endeavor.  Every broker provides a warning, which is approximately:

..Trading using leverage such as Forex and CFDs is very risky. There is a possibility that you will lose all your capital. Therefore, you should not use funds that you cannot afford to lose. Before you start trading, you must fully understand the risks involved in the market, as well as consider your level of knowledge and experience. It is the Client's responsibility to ensure that the Client is able to accept the services and/or carry out transactions in the country where the Client resides. If you do not fully understand the risks that may occur, please seek independent advice..

Thanks.

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