Score

5.87 /10
Average

OCTAFX

Cyprus

2-5 years

Regulated in Cyprus

Market Making(MM)

MT4/5 full license

Regional Brokers

High potential risk

Influence

C

Better than 49.4% brokers
Comparison
Website

Score

License Index6.67

Business Index6.41

Risk Management Index0.00

Software Index6.91

Regulatory Index6.64

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

C

Better than 49.4% brokers
Website
Comparison

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+357 25 251 973

Broker Information

More

Company Name

Octa Markets Cyprus Ltd.

Company Abbreviation

OCTAFX

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts
Previous Detection : 2022-10-03
  • The number of the complaints received by WikiFX have reached 28 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose

    News

    NewsED Seizes OctaFX's Bank Accounts For A Suspected Unlawful Forex Trading Scheme

    On Thursday, September 29, the Directorate of Enforcement (ED) said that it has frozen the accounts of OctaFX India Private Ltd and connected firms with a total value of Rs 21.14 crore due to a violation of FEMA regulations.

    WikiFX
    2022-09-30 13:44
    ED Seizes OctaFX's Bank Accounts For A Suspected Unlawful Forex Trading Scheme

    NewsWIKIFX REPORT: OctaFX and AWARD association join efforts to provide aid for flood-hit Pakistan

    OctaFX joins AWARD association in providing emergency aid to 250 families of the flood-hit Taunsa, Dera Ghazi Khan District, Pakistan.

    WikiFX
    2022-09-13 13:40
    WIKIFX REPORT: OctaFX and AWARD association join efforts to provide aid for flood-hit Pakistan

    NewsWIKIFX REPORT: Putting Copy Trading in Perspective: OctaFX’s Vision of the Market

    The global broker OctaFX presents a brief overview of what copy trading is and how it works.

    WikiFX
    2022-08-04 15:01
    WIKIFX REPORT: Putting Copy Trading in Perspective: OctaFX’s Vision of the Market

    NewsWIKIFX REPORT: CYSEC SOUNDS REGULATION ALARM ON CLONES OF FXVIEW, OCTAFX

    The Cyprus Securities and Exchange Commission has once again stepped up its fight against unauthorized brokers.

    WikiFX
    2022-08-04 14:54
    WIKIFX REPORT: CYSEC SOUNDS REGULATION ALARM ON CLONES OF FXVIEW, OCTAFX

    NewsWIKIFX REPORT: Forex Broker News: Octafx Increases Leverage On Cryptocurrency Pairs

    The cryptocurrency markets appear to show no signs of slowing down their decline. But forex broker Octafx appears to have bucked the trend and has gone on to raise its leverage on cryptocurrency pairs.

    WikiFX
    2022-08-04 14:51
    WIKIFX REPORT: Forex Broker News: Octafx Increases Leverage On Cryptocurrency Pairs

    NewsWIKIFX REPORT: FinTech and Forex: the new era of trading

    Both the financial industry and technology are constantly changing. Once requiring your physical presence at the bank, several tasks now only need a single tap on your mobile banking app. Modern financial technology have made it feasible to send and receive money, keep money in multiple accounts, and even invest in a variety of assets.

    WikiFX
    2022-08-04 14:47
    WIKIFX REPORT: FinTech and Forex: the new era of trading

    NewsWIKIFX REPORT: OctaFX wins Best Mobile Trading Platform at Forex Brokers Award 2022

    OctaFX’s mobile trading platform was recognised as the best of its kind by public voting held by fxdailyinfo.com as part of its Forex Brokers Awards 2022.

    WikiFX
    2022-08-04 14:42
    WIKIFX REPORT: OctaFX wins Best Mobile Trading Platform at Forex Brokers Award 2022

    NewsWhat really is the situation with FX traders?

    Forex trading is causing a stir on social media, with many people drawn in by the promise of making a lot of money with little work, especially as a lucrative side gig. So, what's the issue with all the hullabaloo? Is it just a get-rich-quick gimmick, or can you truly start making millions?

    WikiFX
    2022-04-21 12:33
    What really is the situation with FX traders?

    NewsForex Traders Can Help Charity Organisations With OctaFX During Ramadan 2022

    OctaFX will raise funds for charitable activities during Ramadan 2022 together with its clients. OcatFX login. Active trading is all that’s needed to contribute to the noble cause.

    WikiFX
    2022-04-18 14:15
    Forex Traders Can Help Charity Organisations With OctaFX During Ramadan 2022

    NewsOctaFX Extends Its Trading Offer By 25 New Cryptocurrencies

    The international Forex broker OctaFX has recently added 25 new cryptocurrencies paired with the U.S. dollar, ready to be traded on its services from 14 March 2022.

    WikiFX
    2022-03-21 14:16
    OctaFX Extends Its Trading Offer By 25 New Cryptocurrencies

    NewsTwice in a Row: OctaFX Is Awarded 2021’s ‘Best Forex Copy Trading Platform’

    After having received the same honours last year, international Forex broker OctaFX managed to impress the international guide to Forex trading, FxScouts, once again.

    WikiFX
    2021-12-30 17:24
    Twice in a Row: OctaFX Is Awarded 2021’s ‘Best Forex Copy Trading Platform’

    News OctaFX Examines the Battle for Monetary Supremacy: Blockchain vs Legacy Finance

    OctaFX, a global broker

    WikiFX
    2021-12-08 09:27
     OctaFX Examines the Battle for Monetary Supremacy: Blockchain vs Legacy Finance
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    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;+44-7517747077
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:3313198376@qq.com