I feel auto-buying and selling is a scam. I want to think about this more. Thanks for the knowledge.

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Futures are contracts between two events to buy or sell a given asset at a predetermined worth on a given day sooner or later. The contacts embody details about the value at which a forex shall be bought or offered and the day on which is the best app for forex trading the change will take place.

Founded in 2011, OctaFX holds regulatory licenses primarily in Europe by means of its Cyprus-based mostly entity – Octa Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). Your account may be eligible for certain CySEC protections – within the extraordinary event of Octa Markets Cyprus Ltd.’s bankruptcy, for instance, you’ll be protected for up to 20,000 euros from the Investor Compensation Fund (ICF).

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