https://www.octafx.eu/
Website
MT4/5
Full License
OctaFX-Demo
Influence
C
Influence index NO.1
MT4/5 Identification
Full License
Influence
C
Influence index NO.1
Licensed Institution:Octa Markets Cyprus Ltd
License No.:372/18
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Most visited countries/areas
octafxidn.me
Server Location
United States
Website Domain Name
octafxidn.me
Server IP
104.21.52.24
octamarkets.net
Server Location
Belgium
Website Domain Name
octamarkets.net
Server IP
35.195.213.35
octaasia.com
Server Location
United States
Website Domain Name
octaasia.com
Server IP
104.21.29.153
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts.
At the moment, Octa offers over 300 trading instruments, including:
CFDs on stocks: 150 (Apple, Google, Amazon, etc.)
Forex currency pairs: 52 (EURUSD, GBPUSD, GBPJPY and other popular ones)
Gold and silver
Energies: 3 (XBRUSD, XTIUSD, XNGUSD)
Indices: 10 (US30, NAS100, SPX500, etc.)
Cryptocurrencies: 34 (BTC, ETH, LTC, etc.)
Spanning across the globe, Octa is subject to regulation by several authorities, reflecting the diverse regulatory landscape governing the activities conducted by Octa.
Octa holds the following licenses:
Octa Markets Cyprus Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 372/18.
Octa Markets Ltd. is authorised and regulated by the Mwali International Services Authority (MISA) with license number HY00623410, and international brokerage and clearing house license number: T2023320.
Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number 51913 from the Financial Sector Conduct Authority (FSCA) in South Africa.
Octa offers three account types: MT4, MT5 and account on its own proprietary trading platform OctaTrader. The average spread for EURUSD is 0.7 pips for all accounts with no additional charges or hidden fees. All accounts are swap-free—there are no overnight fees for traders.
OctaTrader platform elevates traders' experience by offering a one-stop solution with features like Space—a dynamic feed with real-time analysis, collaborative tools, and educational resources, all in one place. A library of webinars and tutorials ensures continuous learning for traders at all levels. Another unique tool is OctaVision, powered by AI, which acts as a digital mentor, providing personalised analysis of past trading actions and giving data-driven recommendations to help users refine their trading strategies.
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
Country/Region
ID BAPPEBTI
Disclosure time
2022-09-20
Disclose broker
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country/Region
ID BAPPEBTI
Disclosure time
2022-02-02
Disclose broker
INVESTOR ALERT LIST
Country/Region
MY SCM
Disclosure time
2020-01-01
Disclose broker
INVESTOR ALERT LIST
Country/Region
MY SCM
Disclosure time
2020-01-01
Disclose broker
News Octa's trading platform reports 5x growth in open orders in 2024
For Octa, a global broker with more than 13 years of experience, 2024 was a year focused on researching clients' needs and using the results to incrementally improve their trading platform, OctaTrader
2024-12-23 21:09
News Profiting from the crypto boom: Octa broker's guide to leveraged trading
With Bitcoin going through the roof in 2024 and the entire crypto market showing substantial growth, retail investors' interest in this asset class also peaked. But how best to profit from the changes
2024-12-17 17:45
News Octa Unveils Festive Promotion with Bonuses and Prizes This December
Octa, a globally licensed broker, has announced its ‘Octa New Year’ promotional campaign, running from 2 to 27 December 2024. The initiative, guided by the theme ‘Trading that feels like home’, offers deposit bonuses, reduced spreads, and a live prize draw to enrich the trading experience during the holiday season.
2024-12-11 17:15
Exposure OctaFX Denies Allegations After India Seizes $9.6 Million
OctaFX denies claims of false promises after Indian authorities seized $9.6 million, emphasizing their commitment to transparent and educated Forex trading practices
2024-08-07 16:30
Exposure ED Raids OctaFx in Fraud Case, Seizes Rs 80 Crore
ED raids forex trading platform OctaFx in a massive fraud case, seizing over Rs 80 crore in assets. Investigations reveal extensive money laundering.
2024-07-25 15:42
Exposure Indian authorities accuse OctaFX, broker denies
OctaFX, a well-known brokerage firm, has recently come under charges of money laundering and chart manipulation by Indian authorities. The company denied the accusations and said the allegations are baseless.
2024-04-26 13:44
Please enter...
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
anu321
India
my whole wealth will be destroyed by this broker Deposit is more than withdrawal
Exposure
12-07
FX2663248516
Hong Kong
I have been a client of Octa Markets Ltd since 29-July-2024. The first deposit of USD19,000 was made on 29-Jul-2024, and the first withdrawal USD32,000 was made on 14-Aug-2024. On 10-Sep-2024, I submitted a request to withdraw USD13,000 from my account. Despite complying with all necessary verification processes and providing the required documentation, my withdrawal request has been unjustly denied. Now I can't login to my account! This has caused me significant distress and financial inconvenience. Despite my attempts to resolve this issue directly with Octa Markets Ltd through their customer support, I have not received a satisfactory response or a clear explanation for the denial of my withdrawal. The lack of transparency and the refusal to release my funds suggest potential misconduct or malpractice.
Exposure
10-25
FX2074115839
India
I have been using Octa for a while, but recent experiences have been extremely disappointing. For over two weeks now, I've been facing an issue that was supposedly escalated to their finance team and senior management, but there has been no resolution or clear update on what's happening. Despite repeated follow-ups, all I get are generic statements like: "Our processing department is still in the midst of investigating this issue." "This will be the report number that has been escalated to our finance team regarding this clarification: 3858103" "Please know that we're taking this issue very seriously and are working to resolve it as quickly as possible." No SLAs or ETAs have been provided, and it feels like the finance team is running the entire operation with no accountability to the customers. It's honestly frustrating to see no concrete progress despite my issue being escalated to high-level management. I would urge others to be cautious when dealing with Octa.
Exposure
10-24
jay693
Spain
after trading from 31 dollars octa Fx took all of my funds and disable my trading account and also blocked my profile that 800 isnt a withdrawal at all it was a transfer to my mt4 account stay away from this scam broker save your funds guys thank you
Exposure
09-26
拉ki
Hong Kong
I deposited 9900 on June 17th to the Octa platform. Due to the platform's bonus promotion and high leverage, my funds doubled within a month. At this point, I wanted to withdraw the profits, but the platform refused my withdrawal request and asked me to provide KYC and three months of USDT wallet transaction records. After providing the requested documents, the platform claimed that I engaged in unauthorized trading. However, I traded normally, placing manual orders without delay or pushing positions. They want to deduct my profits and I even considered just getting back my initial investment. It has been almost three months now, and my initial investment has still not been withdrawn. Every time I communicate with the platform via email, their response is either that they are handling my withdrawal request normally or that it has been forwarded to the finance department. I hope that through Tianyan, the platform will address this issue correctly. Thank you.
Exposure
09-25
FX2963100740
Mexico
Withdrawal is too slow, it hasn't arrived for a day.
Exposure
09-15
whishu
India
they deverified the accound and asked for document which i already submitted 2 days back still till now not verified and not letting me with draw too
Exposure
08-26
FX5811563192
Thailand
I opened a sell USDJPY position on OctaFX to hedge import costs. Despite generating a profit for 15615 USD, OctaFX accused me of arbitrage and seized my funds. I provided ample evidence to prove that my hedging was legitimate, and multiple OctaFX agents confirmed this. However, OctaFX's compliance department insisted otherwise. I tried filing a complaint with CySEC, but they responded that OctaFX is no longer regulated by them. I urge other traders to be cautious when using swap-free accounts, as there's a risk of your profits being unfairly seized.OctaFX's actions were unjustified and have damaged my trust in the company.
Exposure
08-18
FX6212386820
Germany
Since the EU accounts were canceled, there have been no more payouts, only standard answers from support
Exposure
06-03
ed8020
Azerbaijan
never use octa as a broker they are pure scammer the more gain my profit the more i loss. both my capital and profit lost while my trade giing all the way up.
Exposure
04-06
Ram7836
Turkey
hi my name is riham Ramadan the OctaFX have stopped withdrawal my account I have 23000$ in my account and no one of them give time to release the account always the telling me soon you will receive email and we will solve this problem almost one month
Exposure
03-24
hector3351
Trinidad and Tobago
I earned a late 5 thousand dollars, after that they blocked my access to the account without any explanation, banned me from the platform and the payment I received was less than half of my earnings.
Exposure
02-09
Ahmad Al-Zughair
Jordan
This company suspended my account and there was a large sum of more than $70,000 in it
Exposure
2023-09-21
vinubhai
India
pls see my trade advance do... market is goin on 1953... when i check my trade this time also pending.. pls check my sell trade time ..
Exposure
2023-09-02
jagrajbhai
India
octa fx is a fek broker my withdrawal not received in my bank account octafx officially ap is a show complete in a withdrawal 463$
Exposure
2023-08-23
RealHopeFX
South Korea
My name is jangsooyoung. The deposit caused by the payment problem has been delayed and this deposit has to be refunded to me from octafx. But they're delaying this refund and I've been having this unpleasantness for two weeks.I was expecting a quick refund due to their quick response but they are just asking me to wait.I'm not sure if they really refund my deposit.
Exposure
2023-08-03
sanvi
India
I m deposite money .. suddenly it goes zero ..after going ask in customer care .they said..u dnt have balance. and.. disconnected.. please give back my money
Exposure
2023-07-12
Shakeel466
India
ill withdraw some amount but its not creadit in my bank account but the app is show in completed what i do
Exposure
2023-07-07
charlize
Philippines
this Mercy James Forex will just get all your money, and when i was scanning at the bar code to make deposit it appears on the bar code OCTAFX, how come?if it is OVALEXFCRYPTOMARKET?... they will just get all your money and then you cannot withdraw it you need to deposit first 30,000 pesos for you to withdraw...after you deposit theres still no withdrawal....
Exposure
2023-06-27
Angel1697
Mexico
In the Octafx CopyTrading application, I have losses of thousands of dollars in my account. They took all my money. I'm looking for a way to get it back please.
Exposure
2023-06-11