Which is better Zerodha or OctaFX?

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Which is better Zerodha or OctaFX?

Zerodha allows traders to trade up to 5,000 financial instruments while OctaFX have around 50 on their trading platform. The more instruments you can trade on the Zerodha and OctaFX trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary.

Is OctaFX good broker?

Overall, OctaFX is a great trading platform with accessible starting deposits and a strong variety of asset classes and trading instruments.

Is OctaFX illegal in India?

OctaFX trading is legal in India and safe for everyone. You can do trading with the help of the broker and earn profits.

Is OctaFX trading legal?

Yes, OctaFX is legal in India. According to the broker’s website, it is fully compliant with international legislation and allowed to operate worldwide.

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Which demat app is best in India?

14 BEST Demat Account In India [2022 RANKING]

  • Demat Accounts In India.
  • List Of The Best Demat Account In India. Comparing Top Demat Trading Accounts. #1) Upstox. #2) Zerodha. #3) Angel Broking. #4) 5Paisa. #5) Sharekhan Demat Account. #6) IIFL Demat Account. #7) Motilal Oswal Demat Account. #8) HDFC Securities Demat Account.

Can I make money from OctaFX?

While most people and businesses concentrate on spending and selling stuff at steep discounts, OctaFX offers opportunities to earn money and increase income during this global mass purchase-fest.

What is fixed rate in OctaFX?

1 US$ = 55 Rs. The fixed Indian rupee rate option is only available for the OctaFX MT4 and OctaFX MT5 accounts where USD is account currency. Any deposit bonuses can be added to the fixed rate accounts only after the rate is applied and the USD is credited to the account. A client can use 10\%, 30\%, 50\% deposit bonus.

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Is OctaFX halal?

They’ve awarded us as the Best Islamic FX Account of 2020. Our accounts are crafted explicitly in a way to facilitate Muslim traders.

What type of broker is OctaFX?

OctaFX is an online currency trading brokerage. OctaFX uses up-to-date technology and knowledge to improve the forex trading experience.

Why is Zerodha better?

Zerodha has low fees, it even offers free equity delivery trading. The web and mobile trading platforms are easy-to-use and well-designed. There is a wide range of high-quality research tools. The account opening is slow and not fully digital.

What is the difference between octoctafx and Zerodha?

OctaFX offers a minimum deposit of 5 while Zerodha have a 0 minimum deposit. The first obvious reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive.

Is octafx regulated in India?

OctaFx is not an Indian Regulated Broker. Zerodha is. You can compete Zerodha with Finvasia, Upstox, 5paisa, or any brokers with Indian regulations and exchanges like SEBI, NSE, BSE. OctaFx has no relation with zerodha Dont go for silly YouTube ads… .

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Which broker is better Zerodha or upstox?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4.5 out of 5.

What is the difference between 5paisa and Zerodha share brokers?

Both the brokers are Discount Brokers. 5paisa is having overall lower rating compare to Zerodha. 5paisa is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5. Here we present side-by-side comparison of 5paisa vs Zerodha share brokers in India.