close
close

Mondor Festival

News with a Local Lens

Octa Broker platform announces six-fold growth by end of 2024
minsta

Octa Broker platform announces six-fold growth by end of 2024

OctaTrader’s innovative features and customer-focused design resulted in a six-fold increase in users by the end of the year.

End of 2022, Octa broker launched OctaTradera proprietary trading platform designed to simplify the trading experience. Two years later, OctaTrader has seen impressive growth, with its customer base increasing sixfold year-over-year by the end of 2024. This growth reflects Octa’s commitment to innovation and customer-centric solutions.

OctaTrader: a holistic trading experience

Entering the financial markets can be difficult for new traders, who often face a steep learning curve. In addition to decision-making complexities and psychological pressures, practical issues such as account setup, platform navigation, and managing multiple tools can create additional obstacles.

To meet these challenges, the Octa broker has developed OctaTraderA all-in-one trading platform designed to make trading more accessible. Available on all devices, OctaTrader allows users to seamlessly switch between mobile and desktop, ensuring a smooth and uninterrupted workflow.

OctaTrader’s main features include:

  • Payments and transactions: Secure and streamlined options for deposits and withdrawals.
  • Trading platform: A user-friendly interface suitable for traders of all levels.
  • Space: An integrated analytics hub offering insights and decision-making tools.
  • Special Offers Section: Access to exclusive incentives and business opportunities.

By consolidating these features into a single application, OctaTrader creates a secure and user-friendly environment that meets the needs of new and experienced traders.

In the third quarter of 2024, OctaTrader introduced Spacean integrated analytics hub now available to all customers. This feature brings together analysis, education and decision support, making trading more efficient and data-driven.

graphic on the phone

Main advantages of the space:

  • Predictive insights: Space uses machine learning to analyze historical data and generate actionable predictions.
  • Validation by experts: The information is reviewed by Octa’s experienced trading professionals, ensuring its accuracy and reliability.
  • Integrated workflow: Traders can directly apply insights and predictions from Space’s curated news feed to their trading charts in just a few clicks.
  • Comprehensive learning resources: Space offers educational content on technical analysis, fundamental trading concepts, and market dynamics to help users improve their skills.

This combination of advanced technology and human expertise allows traders to make informed decisions, reducing the cognitive load often associated with trading.

In the competitive world of online trading, even small improvements can make a significant difference. The Octa broker continuously collects customer feedback to identify weak points and improve the OctaTrader platform.

By adopting a forward-thinking approach, OctaTrader evolves to meet the changing needs of traders. Its dynamic features, such as organized business insights and real-time analytics, make it easy for users to make better decisions.

As 2024 draws to a close, Octa Broker is celebrating the success of OctaTrader while remaining committed to innovation and customer satisfaction. The significant growth of the platform demonstrates its ability to effectively address traders’ challenges and create a more accessible trading experience.

About Octa

Octa is a global broker that has been offering online trading services since 2011, providing its clients around the world with commission-free access to the financial markets. Trusted by traders in 180 countries, Octa has made it easy to open over 52 million trading accounts, making it a leading choice for online trading.

To help clients achieve their investment goals, Octa offers a range of free educational resources, including webinars, articles and analytical tools suitable for traders of all experience levels.

Beyond commerce, Octa is dedicated to making a positive impact through various charitable and humanitarian initiatives, such as improving educational infrastructure and supporting local communities with emergency relief projects.

Since its inception, Octa has been recognized with more than 70 industry awards, including:

  • Best Forex Broker 2023 AllForexNote.
  • Best Mobile Trading Platform 2024 Global brand magazine.