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Forex Trading in Canada for 2023 Find Best Brokers & Tips

We’re also a community of octafx review that support each other on our daily trading journey. Camarilla Pivot Points are a set of eight levels that resemble support and resistance values for a current trend. A leading indicator can point to what can happen in the future, but the results may not always be correct and should be used with other technical analysis tools to confirm the observation. While S4 and R4 are considered as breakout levels when these levels are breached it’s time to trade with the trend. Other times the price will move back and forth through a level.

Mostly, they have something to do with the security, or so the owners claim. Virtually the only piece of information worth noting on their ‘about us’ page is that they provide cost-effective service, which doesn’t make too much sense. There are thousands of Forex brokerage providers out there, and each tries to present their own unique approach or method of trading, all in order to stand out. Some claim to have extra-fast execution or utmost transparency, OctaFX tries to amalgamate all these qualities into their own product called cTrader.

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Should you wish to tell us more about your experience with OctaFX, please do not hesitate to contact us at Our team is always here to assist you. We are delighted to have you as a member of our trading community, and you are welcome to contact us via LiveChat or any of our social media platfomrs. Please remember that you’re welcome to contact us on any of our social media channels anytime. Could you please share more about your experience regarding this?

To ensure that the use of these trading methods is adopted, some brokers offer incentives to customers who trade using their mobile apps. Scam-Rescue is a website whose purpose is to provide direct access to reliable businesses in the the field of funds recovery and investment brokers. The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Always verify that the broker you choose to invest with, is licensed by your local financial regulator.

The weekend fee is applied for keeping a position open from Friday to Monday on cTrader ECN account. Trading with OctaFX can be done via the MetaTrader 4, Metatrader 5 and cTrader available on desktop terminal and mobile versions. OctaFX offers a limited selection of just 45 assets to trade, including Forex, indices, commodities and cryptocurrencies.

How to Use Camarilla Pivot Points

BlackBull Markets was founded with the goal of becoming the leading online Financial Technology and Foreign Exchange broker. BlackBull Markets is a true ECN, No Dealing Desk brokerage specializing in Forex, CFDs, Commodities, Fibre Optic Communications and Fintech solutions for a global clientele. TMGM is a sophisticated broker with a wide range of tools and services catering to the needs of even the pickiest traders. The Sydney-based company is one of the leaders in OTC derivatives trading in Australia, with its massive brand recognition since its foundation in 2013. Striving to find the Best Forex Brokers which is a perfect match for your trading style and goals?

Usually, when you use the live chat, agents respond immediately. The answers do not seem to be scripted and even appear to be quite professional. They speak many languages including English, Hindi, Thai, and several others. Multilingual support is always good and it proves that the company cares about its customers.

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It should be noted that the brokers are then controlled and regulated by the CySEC, the financial supervisory authority based there. As a result, there are no differences between the regulations of, for example, the BaFin, the FCA and CySEC. In principle, a regulation from a European country is worth no less than one from Canada. Unfortunately, there are still black sheep that do not have a license or whose regulation has not yet been issued.

These levels don’t prove very effective when looking to enter longer-term trades. Another essential part of our work is to examine the brokers for applicable licenses, regulations and legal restrictions. In turn, it is crucial since when and in which country a license for the broker’s work has been issued. Most of the companies are headquartered in other European countries, the majority in Cyprus. Cyprus is interesting because taxes are significantly lower there than in other EU countries.

Blows 70% people account and they get their account flagged for 2days they are okay again and have high rank. Reach our Know Your Customer team at and provide your CNIC/driving licence/passport to change your account country. It’ll enable you to deposit and withdraw funds while you’re in Pakistan. We hope that our partnership will continue for a long time to come, and we’re always here to provide you with the assistance you might need. Whether you have a question or need help with something, please don’t hesitate to get in touch with us via social media or LiveChat.

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Nothing else apart from indicators mentioned in «SECRETS OF PIVOT BOSS» were added in this indicator. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. CFD brokers often want to lure new customers with a high deposit bonus. This is usually indicated as a percentage and indicates how much the actual deposit will be increased if it is the first deposit with this broker. However, a high deposit bonus usually comes with strict deposit conditions. That’s why we took a very close look not only at the bonuses, but also at the conditions.

Another thing you must find out is the type of https://broker-review.org/ and assets you can trade on their platform. For instance, if you like to trade JPY/NZD, you need a broker who offers this pair. If you like to trade cryptocurrencies occasionally, you need access to the crypto market. Forex traders who trade with unlicensed brokers do so at their own risk, and many have been victims of fraud.

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Choose from some of the leading Forex platforms like MT4/5, AvaOptions, WebTrader or our award-winning app AvaTradeGO. Get access to trader insights, helpful tools and charting packages to enhance your trades and enjoy the personal touch, with our multilingual live support. Another user, Ian Beitzel, is extremely disappointed by the service. He writes that while making a deposit, he sent the money to the wrong account and the broker refused to add the bonus to the intended account.

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So before you head over to the OctaFX website, take a good look at all our money-saving offers to see what you can save. After reviewing the request, it usually takes a maximum of 30 days for the refund to be executed. Your request will be reviewed within 5 business days and replied to in a timely manner. If an account was funded via debit or credit card the funds can be refunded to the card.