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Octa offers reduced spreads during the U.S. election

2024-10-25 Octa

A highly impactful event on the global political landscape, the U.S. presidential campaign presents additional opportunities for traders. As the race between Donald Trump and Kamala Harris is about to reach its high point, Octa, a broker with globally recognised licences, announces a special offer to match this period of increased market activity. The broker will offer all its clients worldwide a significant spread reduction on a broad range of tradable assets.

 

The special offer will last from 15 October to 15 November and include the spreads on the following instruments (reduction from the current spread value in brackets):

● US30 (-21%)  

● GER40 (-20%)

● AUS200 (-44%)   

● FRA40 (-59%)  

● EUSTX50 (-59%)  

● UK100 (-56%).

 

It is worth noting that Octa already offers some more popular instruments, including NAS100, JPN225, and SPX500, with spreads tighter than the market benchmark.  

 

From the traders' perspective, spreads form a significant part of the transactional costs and substantially affect financial outcomes. A trader can make up to a few hundred trades daily, depending on the strategy and how frequently attractive opportunities appear. As such, even a marginal spread difference between two brokers can add up to a considerable amount at the end of a session, especially for intraday traders and scalpers.

 

To capitalise on the upcoming market fluctuations using Octa's reduced spreads, visit the following link.

 

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

 

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

 

Since its foundation, Octa has won more than 70 awards, including the ‘Best Forex Broker 2023’ award from All ForexRating and the ‘Best Mobile Trading Platform 2024’ award from Global Brand Magazine. 


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