OctaFX Review WikiFX

OctaFX Review WikiFX

OctaFX Review WikiFX

Regulated

OctaFX Review WikiFX

Regulated in Cyprus

Market Making(MM)

MT4/5 full license

High potential risk

Better than 54.2% brokers

Comparison

Website

License Index6.67

Business Index6.46

Risk Management Index0.00

Software Index6.91

Regulatory Index6.64

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

Better than 54.2% brokers

Licenses

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

Open for free

Contact number

OctaFX Review WikiFX

English

+357 25 251 973

Octa Markets Cyprus Ltd.

OCTAFX

Platform registered country and region

Cyprus

  • https://www.octafx.eu/

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts

Previous Detection : 2022-11-20

  • The number of the complaints received by WikiFX have reached 29 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Platform Capital Ratio

--%

-- --

100%

--%

100%

  • Fundamental Item(A)
  • Total Supplementary Items(B)
  • Debt Amount(C)
  • Non-Fixed Capital(A)+(B)-(C)=(D)
  • Relative amount of risk(E)
  • Market Risk
  • Transaction Risk
  • Underlying Risk

Pyramid scheme complaint

Expose

Close the position unilaterally

Today is August 12, 2022,,,, the price of octa is 1792 in the xauusd pair,,,, while at Mifx it is still priced at 1789 and I opened a position at 1789 and SL at 1793 at 03.50WIB,,,,, around 5 o'clock I passed hit a stop loss

2022-08-12 08:15

Trade & win bonuses are gone/disappeared

My trade&win bonus just disappeared without remaining.. Even though I collected it for a very long time. When I wanted to take the bonus prize I couldn't open it and my trade&win bonus disappeared. OctaFX is great, you can change it in the app. Maybe tomorrow tomorrow the funds will disappear

2022-09-16 18:53

    OctaFX Review WikiFX

    Masood Bazmi

    I am Masood Ahmed Malik Mirza Syed Bazmi from Nawabshah Sindh Pakistan. I have signed up and login yesterday first time in OctaFX account of me. Kindly guide and tell me how to start trading in it. I am daily selling and buying dollars USD/BTC in my Cryptomania.app. I did 104 trades in it in last 55 days. my yesterday earning is +$55405=PakistaniRupees.12,00,1393.40. I shall do Insha Allah every day the trade of 1200000.00 in this app.

    I am Masood Ahmed Malik Mirza Syed Bazmi from Nawabshah Sindh Pakistan. I have signed up and login yesterday first time in OctaFX account of me. Kindly guide and tell me how to start trading in it. I am daily selling and buying dollars USD/BTC in my Cryptomania.app. I did 104 trades in it in last 55 days. my yesterday earning is +$55405=PakistaniRupees.12,00,1393.40. I shall do Insha Allah every day the trade of 1200000.00 in this app.

    Translate to English

    OctaFX Review WikiFX
    2022-11-11 12:59

    OctaFX Review WikiFX

    farhana4345

    nice

    nice

    Translate to English

    OctaFX Review WikiFX
    2022-11-11 12:51

    News

    36

    Can OctaFX be trusted?

    Is OctaFX Safe? OctaFX is considered high-risk, with an overall Trust Score of 67 out of 99. OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

    Is OctaFX good for scalping?

    The maximum leverage at OctaFX is 1:500 for Forex traders and 1:25 for cryptocurrency traders. It is excellent for scalpers and traders who require highly leveraged trading accounts.

    Is OctaFX trading real?

    Although the OctaFX Demo Account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You'll see live trading signals, charts, and trading assets absolutely free!

    Which is better OctaFX or XM?

    Is XM Group better than OctaFX? In our analysis of 23 international regulators across 39 of the best forex brokers, XM Group is considered low-risk, with an overall Trust Score of 90 out of 99. OctaFX is considered high-risk, with an overall Trust Score of 67 out of 99.