Meet new currency pairs and a new commodity

13 April, 2021

We have introduced new currency pairs—USDZAR (U.S. dollar/South African rand), EURZAR (euro/South African rand), GBPZAR (Great Britain pound/South African rand), ZARJPY (South African rand/Japanese yen)—as well as a new commodity, XNGUSD (natural gas/U.S. dollar).

As South African rand is a large and important player on the African continent and in the world, the ZAR assets are some of the most tradable exotics. Whereas natural gas brings a lot of trading opportunities due to high volatility and numerous market factors.

The new symbols are available both on MetaTrader 4 and MetaTrader 5.

The maximum leverage for these pairs is:

  • 1:500 for USDZAR, EURZAR, and GBPZAR
  • 1:100 for ZARJPY and XNGUSD.

Please note that to use the leverage of 1:100 for ZARJPY and XNGUSD, you need to set the leverage of 1:500 in your trading account. Keep an eye on the economic news to spot promising opportunities for these new symbols. Happy trading!


Source  
OctaFX Introduces newest partner - the Delhi Capitals2 May, 2021  

We are proud to announce the fusion of two of our greatest passions, cricket and trading. The Indian JSW Group, owners of the storied Delhi Capitals franchise, have agreed to a sponsorship contract...

How to set your financial goals and follow through with them9 Apr, 2021  

Want to set financial goals for 2021 but have trouble with achieving them? There is no actual formula to how you can make this happen, but there are certainly some tricks you can use...

2020 in retrospect: OctaFX looks back on a unique year18 Jan, 2021  

In the years ahead, many will think about how it was precisely the year 2020 that ushered in serious change across the whole world. Some would come to call it The Great Reset, others would go with the term...


Trade more cryptocurrencies with a higher leverage5 Jan, 2021  

We are thrilled to announce that we’ve introduced two new cryptocurrencies to MetaTrader 4, MetaTrader 5, and our trading app. In addition to BTC, ETH, and LTC, you can now trade XRP and BCH...

It's our birthday, so it's time to celebrate you!27 Jul, 2020  

Over the last nine years, we've been doing our best to give you outstanding Forex experience and build a community of passionate traders. And you've been helping us tremendously.

OctaFX is donating 25,000 USD to COVID-19 relief1 May, 2020  

OctaFX is a Forex broker implementing online trading services globally since 2011. It offers a state-of-the-art trading experience to over one million users. OctaFX has won more than 20...


Introducing reductions to spreads24 Apr, 2020  

The fight against COVID-19 has deeply impacted people across the world. We’ve decided to take action by dramatically lowering spreads while you may be stuck at home...

Becoming a super Forex trader28 Jan, 2020  

A guide on how to be a super trader that covers the best strategies, recommended materials, how to develop your own trading plan, and a risk management guide. The financial market offers...

Ten tips about mutual funds1 Feb, 2019  

Discover 10 essential things you need to know about mutual funds. Types of funds and costs, benefits and risks, and how they differ from other products. Jack Bogle is 89 years old. He is also one of the most important people in American finance...