If you are looking to find an app or website from where you can invest in Forex then, Octa FX is the one. Did you know that Forex trade is the biggest trading market in the world. In this article we will learn about the minimum amount to invest in Octa fx app or website.
Before moving further let’s know about what Octa FX is. Octa Fx is a forex broker through which traders can buy and sell currencies. The Octa FX is reliable and provides high level of security on their platform, which allows the traders to invest and trade in currencies without any fear.
The straight answer to this question is that it requires only $25 to invest in the Octa Fx app but it is recommended that one has to deposit a minimum of $100 in it. This will allow you to maintain and manage your portfolio effectively and you can earn sustainable more profits as compared to just the minimum deposit of $25. So therefore it is very important for traders to make an strategy to grow their portfolio and target the currency.
How to deposit the money
The depositing of money in the Octa FX app is very easy and straightforward. First a user has to open his or her account in the Octa FX app. Then you just need to fill your basic details like your name, phone number, email address, date of birth, password and then click on the continue. After continuing users have to verify themselves by providing the government issue id and a residency proof. After your kyc in the Octa FX is done you can start depositing the amount. As Octa FX is a reliable platform there is no issue in depositing the amount. This app supports deposits via credit card or debit cards, Skrill, Bitcoin, Litecoin, Doge Coin, Bank Wires, Tether TRC – 20 and much more. If you want to know any clarifications about the depositing of money then you can contact the customer support team of Octa FX.
Another thing one must know that the depositing time of internal deposits like Skrill, Netteller and Mastercard are instant. But on the other hand if someone’s deposits the amount via Visa Card then they have to wait between 1 to 5 minutes, Crypto Currencies takes somewhere around 3 to 30 minutes and Bank Wires takes around one to three hours (it also depends on the bank).
So this is the answer to the question that, what is the minimum amount to invest in the Octa FX app. It must be taken into consideration that trading in any Forex market is subject to risk, you should read all the terms and condition before investing in the Forex market and you should also know the risk and reward factor. The article has been shared with the purpose of sharing the information and as the forex trading involves money. You should trade at your own risk and you should trade with the amount of money you should afford to loose.