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OctaFX Reviews

OctaFx Review

➡️ In this section we will analyze OctaFx (also called with the name: octafx.com), A Forex, Cryptocurrency and CFD broker. Is OctaFx really recommended for investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

Now, you can find the following: opinions about OctaFx ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: is OctaFx a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.

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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

  • ❌ OctaFx mentions being part of Octa Markets Incorporated.
  • ❌ Regarding your location, the company is based in St. Vincent and the Grenadines.
  • If we analyze your security, we note that OctaFx does not have any kind of regulation.

ATTENTION: OctaFx is a broker NOT REGULATED.

📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

Account types | Investment platform

 

Now we go on to analyze the account types that OctaFx offers, in this case, we note that it offers 3 different account types:

  • Beginner Traders Account: minimum initial deposit of $ 100, variable spreads from 0.4 pips / fixed from 2 pips, leverage up to 1: 500 (FX), 1: 200 (Metals), 1: 100 (Indices), 1:10 (Cryptocurrencies), minimum trade size 0.01 lots , market execution, fifth decimal place, margin call / stop out level 25% / 15%, hedging, scalping, expert advisors.
  • Experienced Traders Account: minimum initial deposit of $ 500, variable spreads from 0.2 pips, leverage up to 1: 200 (FX), 1: 100 (Metals), 1:50 (Indices), 1:10 (Cryptocurrencies), minimum trade size 0.01 lots, execution to market, fifth decimal , margin call / stop out level 45% / 30%, coverage, scalping, expert advisors.
  • Advanced Traders Account: minimum initial deposit of $ 100, variable spreads from 0.4 pips, leverage up to 1: 500 (FX), 1: 200 (Metals), minimum trade size 0.01 lots, execution to market, fifth decimal place, margin call / stop out level 25% / 15%, hedging, scalping, expert advisors.

The trading platforms that OctaFx offers are: MetaTrader 4 and MetaTrader 5.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that OctaFx provides on its website. We believe that the resources and help provided on the website can be a great advantage for the broker.

OctaFX Website
OctaFx website

OctaFx provides the following help or resources to traders or interested parties: a brief explanation about the services it offers, market news and analysis, FAQ section, not much else.

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Another Mavenir's customer information about OctaFx

 

🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻

  • 🌏 Website: octafx.com
  • 📞 Telephone number: does not have
  • 📧 Email: [email protected]

Maybe you wonder why we review OctaFx. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

Valuation on OctaFx

Ending with this section, in our opinion: Do we believe OctaFx company is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐

After you have examined it, we recommend be cautious, since it is a illegal company, clearly stated for taking money from people through deception and cheating. It is very little transparent, its headquarters is located in a recognized tax haven, therefore its regulation is practically null and the risk of losing money is much greater. ❌


A pocas palabras: It doesn't seem like a good idea, we suggest using caution.

ATTENTION!: in January 2021 FCA added to OctaFx to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the A️ FCA January 2021 warning

ATTENTION!: in October 2021 BCSC (British Columbia) added to OctaFx to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to BCSC October 2021 warning ⚠️


Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻

 

What do you think of OctaFX? What has been your experience?

 

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2 comments on «OctaFX: Rating and Comments»

  1. Leandro Reply

    I started with 500 usd but a few days later they began to ask me for more saying stupid things to convince me, which at that time, it sounded very tempting, now I realize everything I have lost by getting carried away, I hope you can help me

    • Recommended Brokers Reply

      Hi Leandro, thank you for sharing your experience with Octafx. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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