Is a 4-digit code you use to verify the most important actions on the Octa site: withdrawals, internal transfers, and gift delivery. We send you Octa PIN in a welcome email. You can change it any time—just check Octa PIN on the Password Change page.

Our integrated trading platform. It allows traders to manage their funds more efficiently, as there is no need to switch back and forth between different apps and browser tabs.

A formal proposal made by a buyer to a seller, expressing the buyer's willingness to purchase a product or service. An offer can be made in writing, via electronic means, or orally. If the seller accepts the offer (as opposed to countering or rejecting it), a binding contract is formed, and both parties are legally obligated to fulfil their respective obligations.

This term refers to various activities and locations outside one's national boundaries. Usually, it's connected to a company's or individual's assets kept outside their home country, mainly in a tax haven that offers favourable tax rates.

Short for “Open High Low Close” chart that shows opening, high, low and closing prices. This type of chart is often used for technical analysis. Candlestick chart and Bar chart are varieties of OHCL chart.

An open order is an order that remains unfilled or pending execution until a certain requirement is met. The customer can cancel it, or it can expire if left open for too long.
Open orders can be classified as either market or limit orders. A market order is used to buy or sell a security immediately at the best available price. A limit order is for buying or selling a security at a specific price or better.
There are several types of open orders, each with its own limitations. Some of the most common types include Fill or Kill (FOK), Immediate or Cancel (IOC), Day Orders, and Good Till Canceled (GTC).

An order that has been entered but has yet to close out with an opposing order. This can happen following a long or a short position. The position remains open until an opposite-directed trade occurs. For example, if an investor buys 300 shares, they have an open position until the shares are sold.

Is an instruction from the trader to open, close or modify a position.

Technical analysis tools commonly used to identify short-term price trends. They help traders determine when an asset is overbought or oversold, which can indicate a potential trend reversal. Oscillators are also helpful in detecting divergences between an asset's price and its momentum, which can signal a possible trend reversal.
Oscillators are plotted above or below a price chart and move within a range. They are bounded by two extremes, typically set at 0 and 100. When an oscillator reaches the upper extreme, the asset is said to be overbought, while a lower extreme reading suggests it's in the oversold zone.
Some of the most commonly used oscillators include:

1. Relative Strength Index (RSI)
2. Moving Average Convergence Divergence (MACD)
3. Stochastic Oscillator
4. Commodity Channel Index (CCI)
5. Rate of Change (ROC).

Buying and selling securities outside of the regular trading hours of a stock exchange. This can occur before or after the opening hours and during holidays or weekends. Out-of-hours trading is usually conducted through electronic communication networks (ECNs) and is typically associated with higher volatility and lower liquidity.

Trading securities outside formal exchanges such as the New York Stock Exchange (NYSE) and NASDAQ. OTC trading is done through a network of dealers and brokers instead of on an exchange. OTC trading is more common for stocks of small companies that may not qualify for listing on formal exchanges. It is more flexible in terms of pricing and trading volume and allows investors to trade stocks of smaller companies that may not be listed on formal exchanges. However, OTC trading is less transparent, can be riskier due to lack of oversight, and can have lower liquidity than trading on formal exchanges.

A market condition when the price of an underlying asset rises too quickly compared to normal market conditions. An overbought condition typically triggers a correction in the market when the prices start returning to a relatively normal range.

The economy that is experiencing unsustainable growth and is at risk of experiencing a sharp contraction. An overheated economy is usually characterised by high inflation, rapidly rising asset prices, excessive consumer confidence, and an abnormally low unemployment rate. Governments and central banks are responsible for ensuring that the economy does not become overheated—by adjusting interest rates, regulating the money supply, and implementing fiscal policies.

The indicators plotted on top of the price chart used to analyse price movements and identify potential trends or reversals in the market.
Some of the most commonly used overlays are Bollinger Bands and Ichimoku Clouds.
Overlays are particularly useful in identifying support and resistance levels. They can also help traders identify potential Buy or Sell signals based on price movements relative to the indicator.

Positions that remain open beyond the end of a typical trading day. They are commonly seen in foreign exchange and futures markets but are not typically held by day traders. Long-term investors often have overnight positions as part of their investment strategy.

A market condition where the price of an underlying asset falls too quickly compared to a normal market condition. An oversold condition typically triggers a correction in the market, whereby the underlying asset's price will recover and return to normal market range or movement.