OctaFX Copytrading is a mobile app dedicated to investing. In this app, investors choose particular Master Traders whom they want to invest their money with. Master Traders are professionals who trade on a foreign exchange, stock, and other markets with their money. They allow the clients of OctaFX Copytrading to copy their positions for a commission and benefit from their speculations.
OctaFX Copytrading tracks Master Traders’ performance and analyses their success rate. Master Traders provide their trading strategy, and set the commission amount. All this information is available to the public, so the clients can browse through the list of masters applying handy filters and select the ones they are ready to entrust with their money.
Master. The app allows you to scroll through Master Traders and compare their gain, number of copiers, and commission amount apply convenient filters.
By tapping a Master Trader on the list, you can view his or her detailed performance stats and trading strategy description.
Investor. You can get detailed statistics on how your investments perform: amounts of your profit, floating profit, and equity and percentage of your gain.
You can also view the breakdown of your investment success with every Master Trader.
Investors have full control of their finances at any moment. They can split their investment as they think fit and parcel it between different Master Traders or accumulate part of their funds in their Wallet for withdrawing it all together.
Additionally, investors can see in what trades their investment is engaged in a given moment and close deals at their will. We do not recommend you do it though, as long as you trust the Master Trader you’ve chosen.
Diversifying your portfolio. To minimise possible risks from losing trades, we strongly recommend you split your investment capital between several Master Traders who stick to different trading strategies and trade on different symbols.
Adjusting the drawdown percentage. When you start copying any Master Trader, you can set a drawdown percentage. It is a percentage below which you do not tolerate your current equity to drop if the trade gets too deep into the loss. You can also adjust this value later on at any moment, even if you’ve already started copying the Master Trader.
Terminating copying. If you are not satisfied with the Master Trader you’ve selected, you can stop copying his or her trades at any moment and collect back your investment and all the accumulated profit.
DEPOSITS AND WITHDRAWALS
A wide variety of methods for adding money to the service or cashing it out:
Neteller, Skrill, and other international payment systems
Direct wire transfers with Visa and Mastercard
Local banks—learn more on our site to know whether we have partner banks in your area
Direct carrier billing (for certain services only)
LOGGING IN AND SIGNING UP
You can quickly sign up with your Google or Facebook accounts, or create a stand-alone account right in the app.
If you have a registration on the OctaFX site, you can use these credentials to log in.
You can contact us via a live chat directly in the app, text us via WhatsApp, or call us — the contact details are in the app.