Octa launches $50 prediction contest for Malaysian traders
Octa offers $50 for best EUR/USD forecast in MY
Octa, a global trading platform, has launched an engaging Instagram-based campaign for its Malaysian audience, offering a $50 USD prize to participants who accurately predict the EUR/USD exchange rate on June 19 at 8 PM MYT.
The initiative is designed to enhance user interaction while encouraging market awareness among local traders.
Simple participation rules
1. Register an account.
2. Repost the campaign post to the Instagram Stories.
3. Include your forecast for the EUR/USD exchange rate at the stated date and time. Predictions need to be submitted by June 17.
4. Tag Octa’s Malaysian Instagram handle: @octa_official_malaysia
The winner will be determined by how close their prediction is to the actual EUR/USD rate published on June 19, 8:00pm Malaysian time.
If no exact match is made, the closest forecast will take home the prize. The competition is open exclusively to users in Malaysia and requires a basic knowledge of foreign exchange markets.
Octa’s broader strategy to engage retail traders
Founded in 2011, Octa has grown into a prominent online broker known for low spreads, commission-free trading, and educational resources tailored to retail investors. The $50 campaign aligns with the company’s efforts to localize engagement strategies while promoting greater financial literacy and analytical skills within emerging markets.
By leveraging social media and incentivizing technical forecasting, Octa taps into both community building and brand visibility. The contest not only rewards accuracy but fosters confidence in retail participation across fast-moving currency markets.
We also reported that Octa holds MT4 Demo Contest with $1,000 monthly prize pool.
