Ultimate Guide to Octa deposits and withdrawals

Deposits and withdrawals could not be simpler with us. To make things even easier and guide you through the process, we've answered some of the most common questions and concerns you may have about our Octa deposit and withdrawal rules.

Continue reading to find out how to deposit and withdraw with ease.

All about the deposit

Minimum deposit

The Octa minimum deposit is one of the most attractive features for new traders, making us an appealing choice for both beginners who want to start with a small investment and experienced traders alike.

The minimum deposit in South Africa is as low as 480 ZAR, and the minimum deposit for Octa in Nigeria is 30,000 NGN. The Octa copy trading minimum deposit is the same.

How to deposit to your Octa account

1. Log in to your Octa profile.
2. Press the New deposit button.
3. Choose the trading account you want to top up.
4. Choose your preferred payment method and the amount.
5. Follow the payment method instructions.

Payment options

You can deposit funds using various payment methods supported by Octa, including:

• local bank transfers
• credit or debit cards
• e-wallets (such as Ozow, Skrill, and Neteller).

All about withdrawing

Minimum withdrawal

To ensure you can access your profits, we ensure that minimum withdrawal amounts are as low as possible. Depending on your chosen method, the minimum Octa withdrawal in South Africa is 90 ZAR, and the minimum Octa withdrawal in Nigeria is 3,000 NGN.

How to withdraw money from Octa

1. Ensure your account is verified—this is required by law.
2. Log in to your Octa profile.
3. Press the Withdrawals button.
4. Choose the payout method.
5. Provide the required information and choose the trading account you want to withdraw from.

Withdrawal methods

Withdrawing funds from your Octa account is straightforward. You can use the same payment methods available for deposits, including local bank transfers, credit or debit cards, and e-wallets.

Octa withdrawal time may vary but requests are typically processed by us within 1–3 hours. However, please be aware that it may take a further 1-3 business days for your bank or chosen method to process the transaction.

Earn more with Octa bonuses

Welcome bonus

When you join us, you'll receive a special 50% Octa welcome bonus on your deposit. This means that you can start earning more from your very first trade. Please remember that you must deposit a minimum of 50 USD to claim your welcome bonus.

Deposit bonus

With every further deposit you make, you'll still get a 50% bonus. For example, if you deposit 400 USD, you'll get an extra 200 USD to trade with from the Octa deposit bonus. You can trade your 50% bonus with a leverage of up to 1:1000.

Other bonus offers

We occasionally offer limited-time bonuses. These can be up to a 100% deposit bonus, which you can trade with a leverage of up to 1:1000.

Remember that to withdraw your bonus, you must trade (bonus amount)/2 (bonus amount divided by two) standard lots. 

Watch this video guide for instructions on how to use your deposit bonus.

Deposit and withdrawal problems

Common problems

We do our best to ensure that your deposit and withdrawals are quick and smooth, but sometimes, things can happen beyond our control. 

Common Octa deposit problems:

1. Payment not found. This might happen if you submit a deposit request in your Profile but do not send the money to Octa, or if your payment proof is still being verified. Try sending the payment again or uploading proof of payment.
2. Your profile is not verified. Verify your account and resubmit a deposit notification. If you are unable to verify your account, you can submit a refund request.
3. Payment is made from a nonbeneficiary account. Please ensure that you send your deposit payment from an account in your own name.

Common Octa withdrawal problems:

1. Not enough free funds. This might occur because the withdrawal request was made when you had open trades and didn't have enough funds to cover the withdrawal. 
2. Invalid bank account. Please double-check the account details are correct and resubmit the withdrawal request.
3. Withdrawal to another person's account. Please resubmit the withdrawal request to an account in your own name.

If you have a problem with your Octa deposit or withdrawal, please contact us via Live Chat on our website or send us an email at support@octafx.com with the proof of payment attached, and we'll assist you right away.

Does Octa pay real money?

Longstanding track-record

For over 13 years, we've been proud of delivering our fully-regulated award-winning service to you. Part of this is ensuring that you receive the profits you deserve in real money.

To do this, we have a host of safety measures in place. These include segregated accounts, SSL protection of your data, and 3D Secure technology for transfers.

In fact, our excellence as a broker has been recognised worldwide. We've won 70+ awards, including Best Trading Conditions in Africa 2024 from Finance Magnates and Best Trading Experience South Africa 2024 from International Business Magazine.

Octa deposit and withdrawal reviews 

Check out what some of our valued traders are saying about our deposit and withdrawal process on Trustpilot, Sitejabber, and MouthShut review sites:

Transparent conditions

Finally, don't forget—we don't have any hidden fees, don't take commissions, and have 0% swaps. 

Now you know how to quickly and successfully deposit and withdraw your funds with Octa. Trade now to spend later by opening an order—make the most of the market and start increasing your profits today!