Octa Trading Signals - TU Expert review

Octa Trading Signals

Copy trading signals

To start copying trades of successful traders through the automated Octa platform, you need to open a trading account and make a deposit. Next, you need to select a signals provider (master trader) from the rating published on the broker's website. A trader can be selected by the percentage of growth, the size of profit and loss, and the number of connected subscribers, etc. After joining the selected account, the master trader’s signals are automatically copied to the investor's account. If the trade is profitable, the subscriber gives a part of it (agreed in advance) to the master trader.

• The investor can connect to an unlimited number of strategy providers. Subscribing to multiple master traders allows the investor to create a balanced and diversified trading portfolio to generate a stable income.

• The investor has complete control over the trading process. At any time, he can stop copying, unsubscribe or close an unprofitable trade.

• Octa provides super fast copying speed. Trade on the investor's account is copied within 5ms after the master trader has placed a trade order.

• The investor himself determines the acceptable level of risk. In the settings, the subscriber specifies a certain percentage of his deposit, from 1% to 100%. If the current balance decreases by the amount set by the investor, the system automatically pauses itself and ceases to copy new trades.

Any client of the broker can become both a master trader and a subscriber. To become a strategy provider, you need to regularly make profitable trades and then add your account on the monitoring page. The higher the trading performance of the master trader, the higher his score rises in the overall rating. A high position in the list of successful traders is a guarantee of increased interest from potential investors.

Forex alerts

Octa supports alerts. Alerts in financial markets are notifications about certain events, such as an asset reaching a specific price, trend reversal, etc. Traders can customize events for which they want to receive alerts. Thanks to Octa alerts, users can stay informed about events in financial markets and react quickly. There is no need to constantly monitor quotes. Traders receive notifications according to their settings and can make reasoned investment decisions.

Autochartist signals

Traders who trade with the Octa broker can receive Autochartist signals. Autochartist is a service for chart pattern recognition and technical analysis. The service analyzes charts, identifies forming patterns, and provides recommendations for opening trades in a particular direction for a specific asset. Autochartist provides the following features:

Autochartist recommends trade direction, entry and exit points, and provides a large amount of useful information for any trading strategy to traders.

Conclusion

Based on the results of the analysis of the Octa trading signals, Traders Union analysts established that the conditions are average. The broker offers limited opportunities for the clients choose its trading signals. However, there are also benefits, which is why they can be considered for investment. Keep in mind that trading signals carry the risk of losses and make sure to use the rules of risk management.