The Forex is the world’s largest financial market. It allows participants to buy, sell and exchange currencies. The Forex is comprised of commercial companies, banks, central banks and investment firms. Since currencies go up and down it is essential to put your investment on the right place so that it can grow. In order to invest in the market you need to understand the market properly. That’s why OctaFX broker helps you to put your money on the right place and guarantees to get higher returns than expected. Managing clients of more than 100 countries, they have proven themselves to be the best in the industry

What is ECN?

Electronic communication Network is a computerized forum that allows trading of financial products outside stock exchanges. Primary products which are traded via ECN are currencies and stocks. It is a kind of brokers’ business model that helps the clients to send orders to one or more liquidity providers to be executed. It allows the client to reach more liquidity providers for a better for a better execution. A true STP (Straight through Processing) broker doesn’t internalize the processing; rather, it acts as a channel between the client and the real, market.

News Trading       

OctaFX allows you to scalp, which most brokers doesn’t. Dealing desk brokers carry client’s trades and decide whether to run their clients overall position at any given moment. Thus momentum scalping makes it tough for dealing desk brokers to manage the position of the client as scalpers open and close trades quickly. Scalpers generate a large number of request trades even on busy periods, which a great issue for dealing desk brokers. OctaFX are not like these dealing desk brokers. Here trades are passed to liquidity providers. As we work on a commission based trade volume, the more number of trade orders we receive, the better it is for us.

How does OctaFX make money?

Dealing desk providers earn from the difference of client’s losses and clients gains that isn’t hedged. OctaFX earns from the commissions liquidity providers offer for each transaction. The designed system offers best prices for liquidity providers to our clients. When a new order is placed, you get the best price from our liquidity providers. When you see it on the trading platform, our commission is already included on the spreads. Thus we want you to stay as our beloved clients and trade with us.

Benefits for you

It allows you to trade smoothly and without any difficulty. There are no others involved in the trading process. It is done between the client, the liquidity provider and OctaFX. Once you learn to trade you will be able to trade by yourself. OctaFX prioritizes their customers and helps them to earn the maximum benefits. They try to answer your queries at the earliest. The maximum time it takes to answer your query is 5 minutes. The skilled staff is able to answer your each and every question through live chat for a better understanding and communication.