The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
No restriction on the broker account. Provide service support by WikiFX
Octa Markets Cyprus Ltd.
1, Agias Zonis and Thessalonikis Corner, Nicolaou Pentadromos Center, Block: B', Office: 201, 3026, Limassol, Cyprus
The number of the complaints received by WikiFX have reached 25 for this broker in the past 3 months, please be aware of the risk and the potential scam!
It all happened in 5 seconds the price of XAUUSD went up to 1821 and then go down to 1797 and closed to 1810 killing both buy and sell postion Making alot of people MC
Scam Candle - Different Price Movement
July 1 2022 20:59:00 ~ 21:00:00 (GMT) (1 Minute Candle) XAUUSD price movement on OctaFX is different than to any other broker. XAUUSD on octafx ranged between 1796.55~1821.63. On other broker, XAUUSD only ranged between 1808.88~1809.23
July 1, 2022, XAUUSD price on octafx is different than other brokers.
Dear OctaFX Team, I am waiting withdrawal amount
Dear OctaFX Team, I am waiting withdrawal amount from 22 june 2022 my total withdrawal request is $ 4000 , still not received in account so kindly help me and transfer to amount in my account .My trading account is - 26545396 withdrawal details 1- $ 2000 withdrawal request 21/june/2022 request id - W6909659 2- $ 2000 withdrawal request 21/june/2022 request Id - W6909628 Total withdrawal amount pending $ 4000 . My account details ABHIJEET KUMAR A/C -043101511943 IFSC - ICICI0000431 ICICI BANK BHAGALPUR BRANCH BIHAR
Withdrawal not come
I made a withdrawal request of 33$ on 28 may 2022 but today is 9 june 2022 but my withdrawal is not come I contact support team of octaFX but they didn't do anything
unable to withdraw my money
she upgrade your VIP0 TO VIP 1 I was upgrade vip1 3000 I don't wanto withdraw any naira
The gift never came
It's been almost 6 months, to chase the prize until it runs out of hundreds of millions, but every time I'm asked there are many reasons that don't make sense.. my principle is if you want to give it, give it, then you give if; if you don't, answer no and tell me the reason... so I don't have to wait. ... if I think the solution is easy that just convert the total prize to cash ... even though it has to be cut, lets say 40%, it's more efficient and looks like the broker is responsible.
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?
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.
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.
Many have wondered how the domains of gold and crypto might intersect with each other. People may ask questions like "Is there any common ground?", "Does it have to be one over the other?" International Forex broker OctaFX will answer all these questions.
To start working with OctaFX, you need to deposit at least $100. This amount is enough to gain access to all features that the brokerage firm offers to its clients. Thus, you can join the broker, start with the platform, buy and sell all types of assets, benefit from low spreads and high leverage as well as use copytrading facilities.
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The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
License Type:Market Making(MM)
Regulated in Country/AreaCyprus
Regulatory License No.：372/18
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :STrovolou 47, KYROS TOWER, 5Th Floor, Nicosia 2018
Phone Number of Licensed Institution :35725251973
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
Basic Information & Regulators of OTCAFX
Octa Markets was established in 2017 with the aim of developing into a reputable, reliable, fair, and transparent forex trader. Octa Markets was authorized and regulated by the Cyprus Securities and Exchange Commission in 2018 (license number: 372/18).
Safety Analysis of OTCAFX
Octa Markets holds a full license from CySEC, a regulatory body that regulates forex fairly strictly, and therefore, a certain level of security can be ensured. Moreover, the trader has initiated a negative balance protection policy for each account, which completely separates the client's funds from the broker's operating funds to protect the safety of the client's funds.
Octa Markets offers investors the most popular tradable instruments on the financial markets, mainly spot Forex, CFDs on stock indices, CFDs on spot metals, CFDs on commodities.
Leverage & Account of OTCAFX
Octa Markets offers two different account types for conservative and aggressive traders: MetaTrader5 account and cTrader account. The maximum leverage of the account is set according to the amount of money deposited by the trader's registration. The maximum default leverage is 1:20 for major currency pairs, 1:20 for minor currency pairs, gold and major indices, and 1:10 for commodities other than gold and non-major stock indices.
Spreads & Commission Fees of OTCAFX
The minimum spread for EURUSD is 0.4 pips, for GBPUSD 0.5 pips, and for EURGBP 0.6 pips. The minimum spread for spot gold is 0.8 pips, and for spot silver is 1.0 pips. The minimum spread for MetaTrader5 accounts starts from 0.3 pips, and no commission is charged for Forex and precious metals trading. cTrader accounts have a minimum spread of 0.0 pips, and a commission is charged for trading, which includes the opening fee for one side and the closing fee for the other side. There is no SWAP for both accounts. The trading commission on the cTrader Platform consists of a side charge for the opening of the position and another side charge for the closure of the trade.
Trading Platform Applied of OTCAFX
Octa Markets provides traders with two market-leading and high-performance trading software packages: MT5 and cTrader5. MT5 is the latest version of the multifunctional trading platform with a powerful trading system that supports various order types, including markets, pending orders, and stop orders, and supports desktop, web, Android, and iOS versions. cTrader5 features secondary quotes, server tracking, stops, cloud services to keep all accounts and templates in one place, one-click trading, and advanced charting features. Traders have the flexibility to choose the trading software according to their needs.
Deposit & Withdrawal of OTCAFX
Octa Markets Cyprus Ltd does not charge its clients any fees. Moreover, deposit and withdrawal fees applied by third parties are also covered by the broker Octa Markets supports wire transfers with a minimum amount of 50 Euros, which can be received within 3 to 7 business days.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.