12.07.2024
Mirjan Hipolito
Cryptocurrency and stock expert
12.07.2024

Octa unveils significant updates to OctaTrader platform

Octa unveils significant updates to OctaTrader platform Octa unveils significant updates to OctaTrader platform

​Octa is preparing a series of updates to its flagship trading platform OctaTrader.

In a strategic move aimed at enhancing user experience and expanding its service offerings, Octa has announced a series of planned updates to its flagship trading platform, OctaTrader. 

These updates, set to roll out in the coming months, are designed to provide traders with more robust tools and improved functionality, reinforcing Octa’s commitment to delivering cutting-edge solutions in the competitive online trading market.

The planned enhancements to the OctaTrader platform include several key features intended to streamline trading processes and offer greater flexibility to users. They will affect 4 areas: payments, education, commerce and decision making. 

This all-in-one architecture allows the application to form a trading ecosystem designed for clients of various experience levels, trading styles, and asset preferences. Among the most notable updates are the introduction of advanced charting tools, enhanced mobile trading capabilities, and an expanded range of tradable instruments. These updates are expected to significantly improve the platform’s performance and usability, catering to both novice and experienced traders.

In the third quarter of 2024, the OctaTrader team will deploy Space, the analytics hub embedded into the application, for all regions and Octa clients. Bringing together analytics, education, and decision-making support within a single toolkit, Space will be an integral part of the OctaTrader’s interface, FX Empire informs.

One of the primary focuses of the upcoming updates is the enhancement of the platform’s charting tools. Traders will benefit from more sophisticated technical analysis features, including additional indicators, customizable chart layouts, and improved drawing tools. These enhancements are designed to provide traders with deeper insights into market trends and price movements, enabling them to make more informed trading decisions.

In addition to the advanced charting tools, Octa is placing a strong emphasis on mobile trading. The updates will include significant improvements to the OctaTrader mobile app, ensuring that traders can access their accounts and execute trades seamlessly on the go.

Octa’s commitment to innovation and user-centric development is further highlighted by its ongoing efforts to gather feedback from its trading community. The planned updates are a direct response to user input, reflecting the company’s dedication to addressing the needs and preferences of its clients. This collaborative approach ensures that the platform evolves in line with the expectations of its user base, maintaining Octa’s reputation for excellence in customer service.

The upcoming OctaTrader updates include adding analytical tools to the trading chart panel. This feature will allow traders not to draw patterns by hand and save their time by using presets from the feed instead and adding them to the chart layout. OctaTrader clients can place orders using ideas listed in the Space feed—or add the ideas that caught their eye to the chart for future analysis. 

The planned updates to the OctaTrader platform represent a significant advancement in Octa’s service offerings. 

Read also: FBS provides step-by-step guide on installing trading advisors on MT5

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