admin | Forex Broker - Part 7
Oct 02 2013


Broker Name: OCTAFX

Country: St. Vincent and the Grenadines.

Registered in: 2011

Minimum Deposit: 5 USD

Leverage: Up to 1:500

Minimum Order Size: 0.01 lots

Deposit Options: Bank Wire, Visa Card, Master Card, UnionPay, Indonesia Local Banks, Neteller, MoneyBookers.

OCTAFX broker is a St. Vincent and the Grenadines based foreign exchange broker registered in 2011 under the license number of 19776IBC2011. OCTAFX broker is regulated by FCA, UK. OCTAFX broker review reveals that octafx broker developed a variety option for the forex traders to do their forex trading in a convenient way. Live ECN accounts and Micro Accounts are great option of forex trading offered by OCTAFX broker to its clients. Meta Trader 4 Micro, Meta Trader 4 ECN and Ctrader ECN are the platform that a forex trader will get in trading with OCTAFX trader. With the Meta Trader 4 micro account a forex trader can start forex trading with only 5 USD as initial deposit. With this account a forex trader can trade forex with 12 currency pairs and in gold and silver. With Meta Trader 4 ECN account a forex trader can trade forex in 28 currency pairs and with gold and silver. A forex trader can involved in Forex trading with 48 currency pairs and gold and silver via cTrader ECN account.  The Meta Trader 4 Micro and Meta Trader 4 ECN account is swap free account and the cTrader ECN account is not. The most exciting advantage that a forex trader can get by trading with OCTAFX broker is that the the market execution happens under 0.1 second. Another advantage is that a forex trader can trade forex with a little investment with this broker. OCTAFX broker is committed to provide their clients with high quality service according to the international standards and regulations.

Demo account is a great initiative by OCTAFX broker. By this a new forex trader can practice forex trading by using virtual money provided by OCTAFX.

OCTAFX broker achieved different award by different awarding body for providing quality service to its customers. The awards achieved by OCTAFX broker includes ‘Best Forex Broker in Europe 2015’ awarded by, ‘Best International Broker 2015’ awarded by FX Empire, ‘Best Islamic Account Forex Broker 2015’ from, ‘Best STP Broker 2015’ from Europian CEO magazine, ‘2015 best STP Broker Outstanding contribution to the FX industry’ from Forex Report Magazine, ‘Most Reliable Broker 2014’ from FX Empire, ‘Best Broker Eastern Europe Best Broker Central Asia 2014’ awarded by Forex Report Magazine, ‘Best ECN Broker Asia 2014’ from Global Banking and Finance Review. In 2013 it got ‘Best Customer service Broker’ from FX Empire, ‘Best Broker Central Asia, Best Broker Central & Eastern Europe’ awarded by World Finance Magazine, and ‘ Best Customer Service Broker Asia’ from Global Banking and Finance Review. In 2012 it was awarded as ‘Fastest Growing Micro Forex Broker’ by Global Banking and Finance review.

A forex trader wants to trade forex with a great customer service and security, OCTAFX Broker can be a good choice.


Oct 02 2013


Broker Name: NSFX

Country: Malta

Payment Systems: Wire, Master cards, Maestro, Visa, American Express, Skrill, Fast Bank Transfer.

Initial Minimum Deposit: Standard MT4-300 USD, Professional ECN-3000 USD, VIP Account- 10000 USD

Maximum Leverage:  Standard MT4-Upto 1:200, Professional ECN- Upto 1:100, VIP Account- Upon Request

Spread: Standard MT4-Variable, Professional ECN-Fixed, VIP Account- variable and fixed.

Regulated By: Malta Financial Services Authority


NSFX is a foreign exchange broker runs their business with some valuable foreign exchange products. Any forex trader wants to trade in foreign exchange can do their trading with NSFX. They provide different financial products including trade forex, trade CFDs, gold trading, crude oil trading and indices trading. The business of NSFX designed to provide trading services to all types and all levels of traders. NSFX allows its traders to trade Forex and CFD from the same account.  NSFX has the license no. IS/56519 which has been issued by the Malta Financial Services Authority and is holding the Category 3 investment services.


A forex trader can open as many account as needed and on different kinds, platforms and currencies. The client of NSFX gets comprehensive trading report on all the traders trading platforms. The customers are also able to get access in some research tools like economic calendar and live quotes and more.

Practice Account:

NSFX allows the customer to open practice Account to get used to with the trading system on the first place to learn  how to minimize the risk and how to maximize the outcome.


NSFX is doing forex brokering business for so many years and the value their customers more than anything else. Customer satisfaction is their ultimate goal. So, a potential trader can rely on NSFX while get involved with the foreign exchange.

Customer Support:

NSFX provides customer support from different countries and in different language. Countries that has NSFX customer support centers includes UK, Spain, Germany, Italy, Bahrain, and Russia. They are dedicated to provide 24/7 customer support service.


  1. NSFX broker has three types of account system for different kinds of customers. These are Standard MT4, Professional ECN and VIP account. This enables the customer to open any of these accounts on the basis of their afford level, needs and demands.
  2. NSFX cares about their client and provides 24/7 customer supports.
  3. NSFX provides Personal accounts manager for the Standard MT4 and Professional ECN accounts and dedicated personal accounts manager for the VIP accounts.
  4. NSFX takes no commission on trades from the Standard MT4 account.


  1. Though they have three types of account -Standard MT4, Professional ECN and VIP account, the standard MT4 accounts needs at least 300 USD as initial deposit which makes it tough for the new traders to begin with.
  2. NFFX provides no guarantee of profit or avoidance of losses as the foreign exchange market is volatile. Hence, the forex traders have to take the risk of potential losses on their own.

Though NSFX has some disadvantages but a trader can chose NSFX for their good client services anyway.

Oct 02 2013


Oct 02 2013


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