About OctaFX in Nigeria
Who OctaFX is, how it is regulated and what it offers Nigerian traders.
Open OctaFX Account →OctaFX (branded Octa) is an international forex and CFD broker company founded in 2011 and rebranded to Octa in September 2023. In Nigeria it operates through Octa Markets Incorporated, the group's international entity registered in St Vincent & the Grenadines, offering MT4, MT5 and OctaTrader from a $25 minimum deposit.
OctaFX at a glance
- Founded in 2011, OctaFX is an international forex and CFD broker that took on the shorter name Octa in September 2023.
- Nigerian clients are served through Octa Markets Incorporated, the group's international entity registered in St Vincent & the Grenadines.
- Traders can choose between MetaTrader 4, MetaTrader 5 and OctaFX's own OctaTrader platform, all opening from $25.
- There's no commission on standard pricing, spreads start at 0.6 pips, and forex leverage can reach 1:1000.
Frequently asked questions
Who owns OctaFX?
OctaFX (Octa) is an international broker group; Nigerian clients are served by Octa Markets Incorporated, the group's international entity registered in St Vincent & the Grenadines.
When was OctaFX founded?
OctaFX was founded in 2011 and rebranded to Octa in September 2023.
Is OctaFX regulated?
In Nigeria it works through its international entity, registered in St Vincent & the Grenadines; its EU entity is separately CySEC-regulated.