Before you trade actively, it is definitely a discussion of users or experiences from other parties as necessary material for thought. Through the narrative and experience of Trading at OctaFx, novice traders will get a description of the tactics that need to be applied later.
Important Factors in Trading at OctaFx
Account Clarification Factor
Account clarification is the first factor to be discussed because it is quite important and must be understood by everyone before trading at OctaFx. You need to recognize that the clarification process at the broker is quite difficult even though the opportunity is wide open.
The process of clarifying an OctaFx account is basically really easy to carry out. You only need to scan your ID card or passport. However, experience shows that what is meant is a selfie photo holding an identity card.
Spread Factor
Incoming spreads are also monitored in the details of the trading experience at OctaFx. The broker gives a certain categorization to some of its traders, so that the spread value between accounts has some kind of inequality.
If taken basically, the spread value at OctaFx is relatively small and cheap. This of course gives certain advantages for novice or professional traders because they have the opportunity to pocket more profits without additional costs.
Deposit and Withdrawal Factors
The deposit and withdrawal factors are one of the attractive factors in discussing the trading experience at OctaFx. If you are still a beginner with this broker, there is no need to worry about depositing balances because there are many payment systems.
One of the deposit payment systems provided is via local bank transfer. In addition to the ease of depositing, OctaFx makes it easier for some of its uses when making withdrawals or withdrawals. The clarification process is also fast and on time.
Trading Experience at OctaFx Small Capital
For some novice traders, brokers who provide micro accounts are targeted because they are more friendly in various ways. If you are going to open a micro account to study the foreign exchange market, then OctaFx is the right answer.
You can top up your balance or deposit into a registered account through various local banks such as Bank BCA, Berdikari, BNI, and others. The process of clarifying a micro account at OctaFx is fast, which is only one working day.
The Experience of Losing in Forex Makes Your Guts Shrink
Playing trading on Forex provides a lot of valuable experience, starting from psychic training, patience, management, and accurate analysis. You should learn about technical and essential analysis in detail before trading.
The difference in trading success in essence is only 100:1. There are quite a few novice traders who are emotional or influenced by someone, so that they lose a lot of capital because they experience losses while trading.
Trading Capital at OctaFx
First deposit
Trading experience at OctaFx is tied to the first deposit. You must have a minimum capital of $50. This has the aim of avoiding yourself from margin calls or even greater losses.
Capital Used
Capital to trade is one of the most vulnerable keys and must be understood by some novice traders. Many cases of suicide arise because a person experiences big losses due to trading in forex and the like.
Use the cold money concept to trade. If you don’t have the ideal funds left, don’t force yourself or go into debt. This will have an effect on us and our families in the future.
In Trading, you must understand the process and each risk that accompanies it. All factors need to be studied properly as one of them is recommendations and trading experience at OctaFx. This will help in calculating all the worst risks.
