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What is OctaFX? and How it Works?
What is OctaFX? | India | Demo | Sign Up: Hello Folks….in this article I will talk about one of the most famous and Trending Trading Brokers i.e OctaFX.
In This article, I will cover.
- What is OctaFX
- How OctaFX Works?
- How to Get Started with OctaFX?
What is OctaFX?
If you are an Instagram or a Facebook user. I bet you must have seen OctaFX ad. Where a former Cricket Suresh Raina used to come and Talk about How to Make Money via OctaFX very easily?
But the real question that arises is Is it that easy to make money via OctaFX?
Well, don’t worry I am 2 old experienced Trader and I am surely going to cover all your doubt’s in this and upcoming articles.
Let’s get started with What is OctaFX?
OctaFX is Forex Trading Platform. which allows you to Trade i.e BUY or SELL commodities, Gold, silver & more.
In Case You don’t know:
Foreign Exchange Market or Forex or Currency Market is a global decentralized or over the counter market for the trading of currencies.
This market determines the foreign exchange rates for every currency. It includes all the aspects of buying, selling and exchanging currencies at current or determined prices.
To be honest, This is by far the largest market in the world then, followed by the credit market.
The main participants in the forex market are the larger international banks & more.
How to Get Started with OctaFX?
Getting Started with OctaFX is damn very easy.
Firstly, Click this link and you will land to the Homepage of OctaFX.
Now, you need to confirm your mail.
Secondly, Enter your address details like given below.
Now, select your account and click on continue.
Now, enter your Profile Avatar. download from google or just upload your image and click on Open Account.
That’s it!!!!!! You are done with Opening your account. now it’s time to start Trading journey with OctaFX.
How OctaFX works?
As said above the Forex Market is run by global networks of banks spread over four major Trading centres in different time zones: London, New York, Sydney Tokyo.
There are basically three types of Forex Markets:
- Spot Forex Market: The physical pair of a currency pair. which takes place at the exact point the Trade is settled – on the spot” within a spot of time”.
2. Foreward Forex Market: It means a contract is agreed to Buy or Sell a set amount of currency to be settled at a set date in the future or within a range of future dates.
3. Future Forex Market: It means a contract is agreed to Buy or Sell a set amount of currency at a set price and date in future. Unlike forward, a future contract is legally binding.
If you are newbie and wanna learn Forex Market properly, I highly suggest you to complete OctaFX Classes which is completely FREE.
You just need to click this link and you land to the Homepage OctaFX Trading Academy.
Winding Up:
I hope you have found this article helpful. This article was all about What is OctaFX?, OctaFX India, OctaFX Demo, OctaFX Sign Up, How to Get Started with OctaFX?, How OctaFX works?.
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