Octa trading broker
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Currency trading made clear for everyone

Trade currency pairs with Octa and enjoy tight spreads, high leverage, and free trading ideas

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Why Octa is the best choice on the currency market

  • Stable spreads from 0.6 pips

    among the lowest on the market

  • All 7 major pairs and 28 others

  • Leverage up to 1:1000

    for most FX pairs

  • No fees, no commissions, and no swaps

  • Order execution in under 0.1 seconds

  • Low entry threshold

    Start with 25 USD and trade from 0.01 lots

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Octa live quotes and spreads for currency pairs

OctaTrader MT4 MT5
Symbol Bid Ask Spread (Pips)
EURUSD 1.0849 1.0850 1.0
GBPUSD 1.2864 1.2866 1.4
USDJPY 153.91 153.93 2.2
USDCHF 0.8806 0.8807 1.7
AUDUSD 0.6547 0.6548 1.5
NZDUSD 0.5891 0.5893 2.0
USDCAD 1.3816 1.3818 2.0
View all live quotes
Symbol Bid Ask Spread (Pips)
EURUSD 1.0849 1.0850 1.0
GBPUSD 1.2864 1.2866 1.4
USDJPY 153.91 153.93 2.2
USDCHF 0.8806 0.8807 1.7
AUDUSD 0.6547 0.6548 1.5
NZDUSD 0.5891 0.5893 2.0
USDCAD 1.3816 1.3818 2.0
View all live quotes
Symbol Bid Ask Spread (Pips)
EURUSD 1.0849 1.0850 1.0
GBPUSD 1.2864 1.2866 1.4
USDJPY 153.91 153.93 2.2
USDCHF 0.8806 0.8807 1.7
AUDUSD 0.6547 0.6548 1.5
NZDUSD 0.5891 0.5893 2.0
USDCAD 1.3816 1.3818 2.0
View all live quotes
Trade currency pairs

How the global currency market works

The currency market is the largest investment market in the world. It is where national currencies, such as the US dollar (USD) or the Japanese yen (JPY), are exchanged.

  • Currencies are listed as pairs. They look like this: USDJPY 149.5190. Here, it means you can buy one lot, or 100,000 US dollars, for 14,951,900 yen.
  • Most private traders do not have enough funds to buy an entire lot. Octa allows you to trade 0.01 lots and use margin trading to profit from Forex pairs, even with small deposits.
  • To make a profit on the Forex market, you buy a pair and wait for its price to grow, then sell it. You can also sell a pair to repurchase it when the price decreases.

How to trade Forex currency pairs

For novices in Forex trading, the best choice is major pairs: EURUSD, GBPUSD, and USDJPY. They are relatively stable, liquid, and overall more predictable than others.

You can benefit from any movements of the market. All you need is to predict how the price will change. There are two major approaches to that: fundamental and technical.

Fundamental methods focus on external factors: events, statements, global trends, or interest rates. News is a particularly valuable source of trading ideas here.

Explore Space for live trading ideas

Space is a unique live feed designed by Octa to get you fresh trading ideas right in the OctaTrader trading platform. Learn about the current trends for different pairs from the Octa experts and open orders on the same screen to save time and effort.

Explore Octa Space

Trade currency efficiently and securely with Octa

Free trading education

All traders must go through a period of trial and error to become pros. We aim to make that period more accessible for you with our free Forex trading lessons.

Negative balance protection

Suppose your trading account balance goes below zero after an unsuccessful trade. In that case, we will compensate it back to zero; this way, you will not owe us anything.

Automated trading support

Use trading bots for market analysis and risk management without any limitations. Test your bot on a free demo account, adjust it to your investment goals, and then put it into action.

Choose your Forex trading platform

Each currency trading platform has specific features that define your experience. If you are still deciding which one to choose, try OctaTrader, a trader-oriented platform designed to help you earn.

OctaTrader
Currency pairs:
35
All 7 major Forex pairs + 28 others
Spread from:
0.6 pips
Floating spread, markup
Trading commission:
$0
No deposit or withdrawal fees
Min deposit:
$25
Recommended: $100
Max leverage:
1:1000
Minimum order size: 0.01 lot
Currency pairs:
35
All 7 major Forex pairs + 28 others
Spread from:
0.6 pips
Floating spread, markup
Trading commission:
$0
No deposit or withdrawal fees
Min deposit:
$25
Recommended: $100
Max leverage:
1:1000
Minimum order size: 0.01 lot
Currency pairs:
35
All 7 major Forex pairs + 28 others
Spread from:
0.6 pips
Floating spread, markup
Trading commission:
$0
No deposit or withdrawal fees
Min deposit:
$25
Recommended: $100
Max leverage:
1:1000
Minimum order size: 0.01 lot
Create trading account

Forex currency trading hours: when to trade

The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess.

The best time to trade specific Forex pairs depends on the active session. To maximise your profits, learn about trading sessions and adjust your orders accordingly.

UTC EEST
Instrument
Monday to Friday
Major and minor pairs
Monday to Friday
09:05 p.m. – 09:00 p.m.
(5-minute recess)
ZAR pairs
Monday to Friday
01:00 a.m. – 09:00 p.m.
(4-hour recess)
Saturday / Sunday
No trading
Instrument
Monday to Friday
Major and minor pairs
Monday to Friday
12:05 a.m. – 12:00 a.m.
(5-minute recess)
ZAR pairs
Monday to Friday
04:00 a.m. – 12:00 a.m.
(4-hour recess)
Saturday / Sunday
No trading

FAQ

What is currency trading?

Currency trading is buying and selling currency pairs for profit. To trade in currency as a private investor, you need a reliable Forex broker. With the Octa trading app, you can invest in currencies right on the go.

Is currency trading profitable?

Currency trading can be highly profitable: some of the most successful private traders earn 10% monthly or more. That usually implies using high leverage rates for multiplying your profits. However, be aware that margin trading multiplies your losses as well.

How to start Forex currency trading?

Open an Octa trading account and make a deposit—you need just $25 to start. Then, enter the trading platform and open your first order. If you are still unsure where to start, check out our introductory video course.

What are the best Forex pairs to trade?

Majors are the best Forex pairs for novices, especially EURUSD, GBPUSD, and USDJPY. They are very stable, liquid, and predictable. Many trading strategies work for them.