Note for bank wires, there is a $25 fee for up to $5k withdrawal. Withdrawals from funded accounts after the challenge phases are passed are typically processed within 24 hours of the request. For those comfortable trading with a newer, tech-forward firm that emphasizes flexibility and affordability, OspreyFX can be a solid choice—provided you fully understand the terms, risks, and verification requirements involved. If your country is not on this list, you are generally eligible to trade with OspreyFX, though it’s always best to confirm eligibility through their official support channels as restrictions may change. It lists a number of other countries where it does not do business generally, those under sanctions or those that limit FX trading. Their live chat feature is available directly on the website and typically provide prompt responses during business hours.
Amazing broker withdrawal fast and easy trusted platform but only one thing changing the complain proces take more time it will be change. Trusted broker 2017 to till now I am using LunarCapital fx ..fast withdrawal and deposit some seconds highly recommended 👌 By DailyForex.com TeamThe DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. User reviews on platforms like ‘Trustpilot are mixed some highlighting good support and a trader-friendly environment and some less complementary.
They didn’t solve this issue till now, I want my amount to be credit to trading amount. Our dedicated team will be happy to look into your case and provide the necessary assistance.Kind regards,Octa Rep. To help us assist you promptly, we kindly ask that you reach out to us via email or live chat. Please don’t put all hard money in this platform. Don’t hesitate to contact us via email or live chat.Kind Regards,Octa Rep. If you ever need assistance or have suggestions, we’re always here to help.
OspreyFX offers the Trade Locker platform only, available on desktop and mobile, this comes with an integration to the popular TradingView application that provides advanced charting and analytical options. Inactivity for more than 30 days also results in a breach of the terms and termination of the trading challenge. Swap rates apply per instrumentIncreased leverage Not applicableStop-loss not required at trade entry Not applicableTotal fees for a $5,000 account $59 All evaluation fees are charged as a one-off cost and are reimbursed after your first profit split payout once you have successfully passed the challenge and reached the funded phase. OspreyFX follows the best practices established across the prop firm industry, which has meant it has grown in popularity in a short space of time.
Is Octa a good company?
OCTA been awarded a Top Workplaces 2021 honor by the Orange County Register. The list of top workplaces is based solely on employee feedback gathered in a third-party survey administered by Energage, an employee engagement technology company.
Octa Trading Conditions
- The brokerage side of the business has a lower rating on the Forex Peace Army site with just 1.6 out of 5.
- We’ve completed large-scale technical upgrades affecting all platform components.
- I always traded with LunarCapital but I usually used 3rd party tools to do analysis since at the time you weren’t able to subtract the instruments tab and it couldnt give you a large clear view on the chart….
- Interested prop traders can start the evaluation after selecting their desired package and paying the one-time fee.
- Sometimes delay by review 5 to 10 mins.😁😁.But seriously there is a issue of partial closure of position….Suppose if I have taken trade of lot size 1 and if want to close .5 from…
The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. OctaFX provides various account types that cater to both novices and experienced traders, with different minimum deposits starting at $25 and spreading costs starting at 0.6 pips. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
How to Pay the Evaluation Fee?
As a leveraged product losses are able to exceed initial deposits and capital is at risk. Currency trading on margin involves high risk, and is not suitable for all investors. The data contained in this website is not necessarily real-time nor accurate, https://lunarcapital.team/ and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees.
User Experience Analysis
OspreyFX offers an appealing entry point for aspiring and experienced traders alike, with low-cost evaluations starting at just $59 and a straightforward two-step challenge model. Interested prop traders can start the evaluation after selecting their desired package and paying the one-time fee. In addition, OspreyFX provides practical trading tools that traders will appreciate, including calculators, an economic calendar, and real-time spreads information. OspreyFX offers in my view a comprehensive range of educational materials aimed at supporting traders with different levels of experience.
Quick-Look Details
Yes the US does not appear on the list of restricted countries and other reviews and comments suggest US clients can use the firm. Crypto currency deposits are the only option which may put off some traders. The firm allows for flexible trading styles—including scalping, news trading, and EAs—with no time limits on challenges, which sets it apart from many competitors. Note that withdrawals attract a $25 fee for amounts up to $5000. OspreyFX accepts cryptocurrency payments as well as bank transfers for withdrawals.
MT4 moved to Web trader without my knowledge
Established in 2011, OctaFX is recognized for being a dominant force in the forex and CFD brokerage sector. The broker operates under varying regulatory frameworks which may raise concerns regarding fund safety and transparency. Additionally, it features comprehensive educational resources designed to enhance users’ trading skills. Targeting users who seek to expand their trading repertoire, OctaFX provides access to over 300 trading instruments, including forex, CFDs, commodities, and cryptocurrencies.
- We work hard to resolve issues as quickly as possible, but at times, technical delays can slow down the process.
- Dear Saravanana Kumar Vellaisamy,Thank you for your review.
- All Im being told is there is a technical issue they are resolving the problem while days go by.3.
- Withdrawals from funded accounts after the challenge phases are passed are typically processed within 24 hours of the request.
- In addition, OspreyFX provides practical trading tools that traders will appreciate, including calculators, an economic calendar, and real-time spreads information.
- If your country is not on this list, you are generally eligible to trade with OspreyFX, though it’s always best to confirm eligibility through their official support channels as restrictions may change.
We’re also sorry about the one-off deposit delay after the scheduled maintenance. We’re delighted to hear that you find our app smooth and easy to use, and glad to know that our supportive community have been helpful for you. Dear Summer F,Thank you for sharing your positive experience with Octa. I also like the nice supporting community. Dear Saravanana Kumar Vellaisamy,Thank you for your review. Please rest assured that your funds are safe.
The integration of the TradeLocker platform with TradingView tools provides a modern, accessible trading experience, though traders looking for MT4/MT5 compatibility may find this limiting. During my OspreyFX review I found the firm has responsive and accessible customer support, primarily through live chat and email. The OspreyFX evaluation begins after prospective prop traders choose their preferred evaluation account and pay the one-time evaluation fee. OspreyFX offers both traditional FX brokerage services and proprietary trading challenges, providing traders with opportunities to earn funded accounts. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
Trading Platforms
Is Octa a good company?
OCTA been awarded a Top Workplaces 2021 honor by the Orange County Register. The list of top workplaces is based solely on employee feedback gathered in a third-party survey administered by Energage, an employee engagement technology company.
The platform is easy to use, even for beginners, and it offers fast execution with almost no sli… Sometimes delay by review 5 to 10 mins.😁😁.But seriously there is a issue of partial closure of position….Suppose if I have taken trade of lot size 1 and if want to close .5 from… What I have noticed in recent months is that withdrawals are completed in few minutes without any difficulty… Generally quite user friendly and withdrawal has been fast. Tested both deposit and withdrawal options. I always traded with LunarCapital but I usually used 3rd party tools to do analysis since at the time you weren’t able to subtract the instruments tab and it couldnt give you a large clear view on the chart….
Dear Satheshsk S,Thank you for taking the time to leave your feedback.WWe’re sincerely sorry you faced difficulties during the internal transfer. Octafx scams the customer by AI assistant. Still no fund received back to my account. I made internal transfer between account.
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They asked me to follow several steps, all of which were completely incorrect and a waste of time.What’s most concerning is that the transaction they couldn’t help me with was only a couple of dollars. Providing a stable and efficient trading environment for our clients is always our priority.We’re glad to have you with us at Octa. Therefore, it is doubtful that the ‘Octa scam’ is a correct evaluation of the our activities. Users from all over the world have traded in the financial markets using our platforms and mobile apps.
We have reviewed your case and would like to confirm that it has been escalated to the dedicated team for further review. If you need any support or have questions, our team is always here to help.Best regards,Octa Rep. Replied to 97% of negative reviews Our dedicated support team is available 24/7. We hope, that reading all of the Octa reviews you will find the answers to your questions.
If you still encounter any issues, please provide more details about the deposit you’re referring to on our official social media in DM. I have lost opportunity of being in the market for 6 days and it seems Octa does not care at all despite my plea to them numerous times per day trying to understand what the issue is. All Im being told is there is a technical issue they are resolving the problem while days go by.3.
Please log in to the Octa site using the first search result.Now can able to login, because of they changed the platform into my.LunarCapitalbroker.comBut, withdraw is under pending only. If you prefer trading on MetaQuotes, you can open a new MetaQuotes account at any time and place new trades, while the positions on OctaTrader can be closed with a single tap.If anything about the transfer seems unclear or doesn’t match your expectations, please let us know. As per checking, the last deposit requests were successfully credited to your trading account. We do our best to provide fast and efficient processing, but unfortunately, we sometimes experience some shortcomings. My deposit I made on the 4th of December has not been credited back to my bank account or credited to my trading account.2. Placed a deposit but cancelled and haven’t received my refund after almost 2 weeks now the customer support is just an AI and doesn’t ever get to someone real I don’t even know if I’ll get my refund back
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MT4 represents the best choice for those who have just started trading. The company is involved in Lunar Capital company reviews a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. @Octafx No response even after submitting documents multiple times.
While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
