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OctaFX official representative

  • #281
  • May 24, 2016 2:04am May 24, 2016 2:04am
Quoting OctaFX.Rep
{quote} Dear JT4xPro, When you'll decide to tell traders your story next time in this thread, please, don't forget to mention that before you account was closed all of your funds had been successfully withdrawn and that any company HAS the right to discontinue to provide its services to the client without disclosing the reason. Please, be more attentive, when you read and agree with the Customer Agreement. Best regards, OctaFX Rep.
This is hilarious. In consequence it should be mentioned that you are the only broker closing an account using this particular strategy due to the profit it made.

A good and reliable broker relies on transparency and honesty - not beeing able to give a solid reason speaks for itself. It is useful reminding this here from time to time.
Hiding behind the Customer Agreements shows the true and ugly face of your business.
  • #282
  • May 24, 2016 5:20am May 24, 2016 5:20am
OctaFX Supreme Game Demo contest - trading season is on!
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OctaFX Southampton Supreme Game score is 60 65 to Reds!

Congratulations to all the winners and to those traders who scored!
Thank you for participating!


Get an opportunity to win 150 USD in 90 minutes in OctaFX Supreme Game demo contest. New round kick-off every Monday, unlimited prizes and football spirit.


Join the next Monday game here!
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  • #283
  • May 24, 2016 3:27pm May 24, 2016 3:27pm
Quoting OctaFX.Rep
{quote} Dear JT4xPro, When you'll decide to tell traders your story next time in this thread, please, don't forget to mention that before you account was closed all of your funds had been successfully withdrawn and that any company HAS the right to discontinue to provide its services to the client without disclosing the reason. Please, be more attentive, when you read and agree with the Customer Agreement. Best regards, OctaFX Rep.
Dear OctaFX Rep,

that is right. I was allowed to withdraw my money. I wonder why you emphasize this that much. Shouldn't it be normal? Or is it the exception when trading with OctaFX?

All I wanted to do was to answer the question of Greenspake to share my experience with you. He wants to scalp. That was what I did. And what you did was to close my account. I do not say that this is not written in your Customer Agreement. So Greenspake and everybody else who considers to trade with you agrees that you may close the account if you like to. Everybody has to expect that it could happen to him all of a sudden without announcement. Donīt you want to tell me the reason why you did this? Donīt you want everybody to know what he is not supposed to do to give you a reason to quit his account? Donīt you want to act like a reliable partner?

With kind regards,
Jan.
  • #284
  • May 25, 2016 12:42am May 25, 2016 12:42am
Quoting Drolph
{quote} This is hilarious. In consequence it should be mentioned that you are the only broker closing an account using this particular strategy due to the profit it made. A good and reliable broker relies on transparency and honesty - not beeing able to give a solid reason speaks for itself. It is useful reminding this here from time to time. Hiding behind the Customer Agreements shows the true and ugly face of your business.
Actually your post is more hilarious than that mate, it should be mentioned that youre the only person who is so much interested in a broker WHICH you havent even worked with, I really like to appreciate your ability to do that. Its also a reminder that people like youre forever found everywhere with their non-sense stuff to make things doubtful for others.

Quoting JT4xPro
{quote} Dear OctaFX Rep, that is right. I was allowed to withdraw my money. I wonder why you emphasize this that much. Shouldn't it be normal? Or is it the exception when trading with OctaFX? All I wanted to do was to answer the question of Greenspake to share my experience with you. He wants to scalp. That was what I did. And what you did was to close my account. I do not say that this is not written in your Customer Agreement. So Greenspake and everybody else who considers...
I have seen many cases where people lose and still broker doesnt care about them even when its never their fault, but I am amazed here Octafx paid you the profit and not a single coin was lost from your end yet your acting needs an Oscar Award.

What do you call out of sudden mate? Did they close your account while your trade was on? I bet No, every single broker have right to do that and sorry to tell you mate, BUT Its not in your RIGHT to question them!

Its Shameful that instead of appreciating Octafx brokers honesty youre crying out like you lost millions I believe you need to check other brokers thread and thats when you should realize how worst things could get, but I guess some people are so much bias towards certain thing that no matter what others say, it will be irrelevant.
  • #285
  • May 25, 2016 3:13am May 25, 2016 3:13am
Quoting JT4xPro
{quote} Dear OctaFX Rep, that is right. I was allowed to withdraw my money. I wonder why you emphasize this that much. Shouldn't it be normal?

Dear JT4xPro,

I just only added quite an important information to your answer in order to provide other traders with all the details of that situation, that's all.

Best regards,
OctaFX Rep.
  • #286
  • May 25, 2016 5:13am May 25, 2016 5:13am
Quoting OctaFX.Rep
{quote} Dear JT4xPro, I just only added quite an important information to your answer in order to provide other traders with all the details of that situation, that's all. Best regards, OctaFX Rep.
Please ad the information that is really important: Tell us why you closed my account.
  • #287
  • May 25, 2016 7:06am May 25, 2016 7:06am
Quoting OctaFX.Rep
{quote} Dear JT4xPro, I just only added quite an important information to your answer in order to provide other traders with all the details of that situation, that's all. Best regards, OctaFX Rep.
I mean let's break it down - you are not admitting the most important information -> why do you close profitable accounts .. as it would reveal your business model.

However you would be suprised if you knew how many possible trading volume you are already missing by clients avoiding you just because of this endless issue here. That's worth it.

Fortunately this is likely not a big deal for you, as high volume and consistent profitable traders like Fedricks are compensating this more than enough.
  • #288
  • May 26, 2016 1:22am May 26, 2016 1:22am
$400 for the winners in Round 43 of OctaFX cTrader Weekly demo contest
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Round 43 of cTrader Weekly demo contest is over, and it means that its time to announce the new winners! Five skillful trades shared the weekly prize fund of $400, and here is the victorious list:

  1. 1st place with the award of $150 goes to Mr. Asim Maqsood from Pakistan.
  2. 2nd place with the award of $100 goes to Mr. Abdurrazak Said from Indonesia.
  3. 3rd place with the award of $75 goes to Mr. Nur Endah Solekah from Indonesia.
  4. 4th place with the award of $50 goes to Mr. Abdul Hameed from Pakistan.
  5. 5th place with the award of $25 goes to Mr. Naglaa Mansour from Egypt.


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Ready to test your trading skills and take one of the prize places? Then open a demo account to participate in the next cTrader Weekly demo contest round!


OctaFX cTrader Weekly demo contest: high time to win!

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  • #289
  • May 27, 2016 5:10am May 27, 2016 5:10am
US Memorial Day Trading Schedule​
​
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OctaFX would like to inform you of the changes in the trading hours of XAU/USD and XAG/USD on US Memorial Day May 30. Trading closes Monday, May 30, 2016 at 20:00 (EET, Server time) and reopens Tuesday, May 31, 2016 at 01:00 (EET, Server time).

Here is the timetable for your convenience:
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Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day.

We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to [email protected]


Thank you for choosing OctaFX as your top-notch Forex Broker!
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  • #290
  • May 30, 2016 8:40am May 30, 2016 8:40am
OctaFX introduced local bank deposits in Thailand!
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From now on, a local bank deposit option is available for our Thai clients! With the help of this option, you can easily deposit and withdraw your funds via the following banks in Thailand:

 

  1. Kasikorn Bank (KBank);
  2. Siam Commercial Bank (SCB);
  3. Bangkok Bank (BBL);
  4. Krung Thai Bank (KTB).
  5. Krungsri Bank
  6. TMB Bank


We are always happy to provide the best conditions for our clients, so we offer the most affordable exchange rates provided by the Bank of Thailand. We charge no commissions, and the minimum deposit amount is as low as 5 USD!

You can start depositing and withdrawing your funds via Thailand local banks right now!


Thank you for staying with OctaFX!

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  • #291
  • May 31, 2016 2:11am May 31, 2016 2:11am
Quoting JT4xPro
{quote} Please ad the information that is really important: Tell us why you closed my account.

Dear JT4xPro,

We've finally decided to stop this endless conversation once and for all because it is exceptionally disturbing to our clients and simply freaks us out.

First of all, don't pretend to be a real trader earning for the living by Forex trading. What you actually do is just selling your high-risky scalping advisor to other real traders. Moreover, the reviews of your MicroBOT are not so impressive, this EA is not as profitable as you try to prove: https://www.mql5.com/en/market/produ...ll_description. So, stop lying to everyone here, you do not worry about traders' fortune, but about your own reputation and business, because if nobody buys this 799$ "product", you'll probably become a bankrupt.

If you still want to know the reason here it is - We do not permit arbitrage trading and we state so in the Customer Agreement. Orders that rely on price latency arbitrage opportunities cannot be considered trading. That is why your account was banned. If you can argue against all these facts, please, you're welcome!

Best regards,
OctaFX Rep.
  • #292
  • May 31, 2016 5:24am May 31, 2016 5:24am
Quoting OctaFX.Rep
{quote} Dear JT4xPro, We've finally decided to stop this endless conversation once and for all because it is exceptionally disturbing to our clients and simply freaks us out.

Dear OctaFX.Rep,

Lets calm down and bring this discussion back to a level where logic makes the pace no need to freak out at all.

I will try to argue as you suggested:

Your reason why you closed my account Latency arbitrage trading

This is technically not possible. You delivered the proof by posting the link to MQL5 market:

For latency arbitrage trading you need to compare the price feed of a fast broker (Broker X) with the price feed of a slow broker (Broker OctaFX).
If you had read the rules of the MQL5 market you would have known that MQL5 prevents EAs from calling any DLL including Microsoft Windows system libraries (see rules IV. Products No. 2). Without this feature you cannot read any other quotes than the one of the broker you are trading with (OctaFX).

I would call this a fact. No assumption no guesswork no speculation.

Considering the scenario from this point of view there are now two unanswered questions:
1. Why did you close my account?
2. Does that mean you are not able to differentiate whether someone is trading latency arbitrage or just scalping? Because if so it would mean that you apply your rules without any reason.

Kind regards,
Jan.
  • #293
  • May 31, 2016 6:12am May 31, 2016 6:12am
Dear JT4xPro,

The reason why we closed your account is suspicion of arbitrage trading. We don't want to blame you and we have reasonable grounds for this suspicion and we have the right to protect our business from such abusive activities. Anyway, in this situation you can't charge us with closing accounts of profitable traders and infringement of their interests, because you are not a trader, but a programmer who earns by selling trading advisors. We may only wish you good luck in your business!

Best regards,
OctaFX Rep.
  • #294
  • Edited 8:38am May 31, 2016 8:19am | Edited 8:38am
Quoting OctaFX.Rep
Dear JT4xPro, The reason why we closed your account is suspicion of arbitrage trading. We don't want to blame you and we have reasonable grounds for this suspicion and we have the right to protect our business from such abusive activities. Anyway, in this situation you can't charge us with closing accounts of profitable traders and infringement of their interests, because you are not a trader, but a programmer who earns by selling trading advisors. We may only wish you good luck in your business! Best regards, OctaFX Rep.

It is hard to find objective words for such an ignorant post from a "business"...

JT4xPro just PROVED, why he is and was not beeing able using arbitrage! And you just simply ignored his argumentation to the fullest. This is ridiculous and utterly unprofessional.

I am trading damn successful with his strategy, and i would claim even more profitable than the majority of your clients. I can prove this easily if necessary. "Risky" trading means using hedge or martingale strategies where you always have to risk your whole deposit on each trade, not scalping. Funny to explain this to you as a retail trader.

Trustworthy brokers know about the benefits of scalpers, as they are trading high frequently using comparable large lot sizes. It is a win/win situation for both sides.
Closing his account just proves you are either far from having a deep liquidy pool tolerating this type of trading or you are taking the counterpart of your client trades not beeing able to tolerate the losses.
Either way there are just so many alternatives out there offering better, reliable and most important more honest services than you do.

Now you can go on with your promotional chatter.
  • #295
  • May 31, 2016 9:05am May 31, 2016 9:05am
Quoting Drolph
{quote} It is hard to find objective words for such an ignorant post from a "business"... JT4xPro just PROVED, why he is and was not beeing able using arbitrage! And you just simply ignored his argumentation to the fullest. This is ridiculous and utterly unprofessional. I am trading damn successful with his strategy, and i would claim even more profitable than the majority of your clients. I can prove this easily if necessary. "Risky" trading means using hedge or martingale strategies where you always have to risk your whole deposit on each trade,...
Dear Drolph,

Everything has been proved, the reason was presented here as you might notice. Even JT4xPro asked me to stop continuing this conversation after my reply (by PM).

Best regards,
OctaFX Rep.
  • #296
  • May 31, 2016 9:23am May 31, 2016 9:23am
He only offered you to end this conversation on another channel aside from the public, which is an honorable move! He is simply sick of the whole story, especially as there are a dozen of brokers allowing the strategy WITHOUT any noticeable problems. The exactly same one. If it would be arbitrage they ALL would be blind or too stupid to notice??
Stop twisting things to make yourself look straightforward!

But I am still encouraged to move against brokers that make this whole business even more difficult as it is on itself. Just to save at least some of the unexperienced traders from expensive mistakes.

NOTHING has been proved, as there is nothing to proof! Stop fooling the community, dammit.
  • #297
  • May 31, 2016 10:45am May 31, 2016 10:45am
I will try Octafx my self and let see what will happen.
Info: ForexPeaceArmy website upgrading (security) to prevent DDoS attack.
  • #298
  • Jun 1, 2016 3:06am Jun 1, 2016 3:06am
What I read in the reviews to this microbot is that:
This ROBOT is very and I repeat very latency, LUCIDITY, AND BROKER dependent. I traded with ICmarkets on their vps and lost over 18% of my Equity in just 2 days. all losing trades. The results shared by many is in no way comparable to the account on the MQL5.
So maybe the problem is that this broker and this bot are not too good with each other. That's it. Just use another broker if you want to benefit from this bot.
By the way, I see other comments to the bot like:
Almost every day friends Ian edit your comments, or once every few days by taking out 5 stars on the top of its super feedback. Scroll below, read more, in more detail,
Sounds suspicious to me.
  • #299
  • Jun 2, 2016 2:57pm Jun 2, 2016 2:57pm
Quoting Drolph
He only offered you to end this conversation on another channel aside from the public, which is an honorable move! He is simply sick of the whole story, especially as there are a dozen of brokers allowing the strategy WITHOUT any noticeable problems. The exactly same one. If it would be arbitrage they ALL would be blind or too stupid to notice?? Stop twisting things to make yourself look straightforward! But I am still encouraged to move against brokers that make this whole business even more difficult as it is on itself. Just to save at least some...
I dont know about NOTHING, but I know about 2 things. Firstly you're ever so interested in issue that has no connection to you. I understand what's your right in taking this thing far? You're not even a client with OCTAFX! So whats your problem here? One thing is clearly proved that no matter what, OctaFX is wrong and is one of the worst broker in history of earth, its exactly what you want to label here, but unfortunately you're trying to do it in bit indirect way. If anyone is FOOLING around here, its you mate not him. So, please if you have anything sensible to say then go ahead or else stop spreading useless stuff.

Quoting Irwan1976
I will try Octafx my self and let see what will happen. Info: ForexPeaceArmy website upgrading (security) to prevent DDoS attack.


I have been working with them without any issue especially with scalping, I bet you will love it especially if you use cTrader platform.
  • #300
  • Jun 3, 2016 4:44am Jun 3, 2016 4:44am
I open both cTrader and mt4 ECN, I will find out the truth about Octafx but it will take maybe a few month before make any decision.

https://v2assets.zopim.io/2BSwZFi8TM...?1429110991223
Mona OctaFX
Hello!
https://v2assets.zopim.io/2BSwZFi8TM...?1429110991223
How can I help you?
Irwan Iskandar Mustapar
Hello Mona,any restriction on trading style with octafx
https://v2.zopim.com/widget/images/a...le_visitor.png
https://v2assets.zopim.io/2BSwZFi8TM...?1429110991223
Mona OctaFX
All trading strategies are allowed.
Irwan Iskandar Mustapar
Thank you Mona
https://v2.zopim.com/widget/images/a...le_visitor.png
https://v2assets.zopim.io/2BSwZFi8TM...?1429110991223
Mona OctaFX
It’s my pleasure to help you.
Irwan Iskandar Mustapar
Thank You,until next time
https://v2.zopim.com/widget/images/a...le_visitor.png
https://v2assets.zopim.io/2BSwZFi8TM...?1429110991223
Mona OctaFX
Feel free to contact us anytime if you have any other questions.

Very fast respond! So no restriction here.Same as what Octafx told us in FPA Website.
So that's it for now,let see what will happen...until next time.
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