Octa FX
Product is rated as #26 in category Brokerage
| Offering of Investments | 6.7 |
|---|---|
| Commissions & Fees | 7 |
| Platform & Tools | 9.4 |
Company Overview
Octa Markets Cyprus Ltd uses up-to-date technology and provides reliable trading platforms, such as Metatrader 5 for comfortable trading experience. They claim to adhere to the most strict security standards providing segregated accounts and negative balance protection.
Description
Broker InformationÂ
| Company Name | Octa Markets Cyprus Limited |
| Company Abbreviation | N/A |
| Company Website | https://www.octaeu.com/ |
| Company Phone | +357 25 251 973 |
| Address | Strovolou 47, KYROS TOWER, 5th Floor, Nicosia |
| Registered Country | Cyprus |
| Established | 2018 |
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Trading InformationÂ
| Minimum Trade Size | 0.01 |
| Leverage | 1:30 |
| Minimum Investment | €50 |
| Account Types | Standard |
| Trading Instruments | Forex |
| Trading Platform | MT5 |
| Deposit Methods | Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Skrill |
| Withdrawal Methods | Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Skrill |
| Bonus Offers | N/A |
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6.3Expert Score
Octa FX
Company Overview
Octa Markets Cyprus Ltd uses up-to-date technology and provides reliable trading platforms, such as Metatrader 5 for comfortable trading experience. They claim to adhere to the most strict security standards providing segregated accounts and negative balance protection.PROS
- - Globally-acclaimed brokerage.
- - MT4 platform fully licensed.
CONS
- - No assured returns.
Reviews (8)
8 reviews for Octa FX
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Abilash –
I lost all my hard earned money of this scammers, Withdrawal problems and even trades during news cannot be fulfilled as they say it’s slippage.
Anne Dion –
system doesn’t seem to be authentic or functioning while performing trades in certain time periods.
Saanvi Patel –
Octafx is a great platform for traders in India. Deposits and withdrawals are straightforward. In 2024, they’ve increased leverage to up to 1,000, which is excellent news. I’ve been actively trading since 2021.
fiona clark –
You are very good with low spread and speedy deposit and withdraw
edward hall –
Very good Broker I have seen many but Octafx is too good in all process deposit withdraw and even support looking for long term business with Octafx
Christos Antoniou –
The platform is buggy, support is unhelpful, and withdrawals are slow. Look for a better broker.
Eleni Georgiou –
Their platform crashes often, customer service is bad, and withdrawing money is a hassle. Very frustrating experience.
Andreas Papadopoulos –
Octa Markets Cyprus Limited has been very disappointing. Their trading platform is slow and often crashes at critical times. Customer support is unresponsive and takes forever to address issues. The withdrawal process is also complicated and takes much longer than it should. I wouldn’t recommend this broker to anyone.