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    0 1 2 3 4 5 6 7 8 9

     /10.00

    Benchmark

    AA

    Licenses

    Cyprus Securities and Exchange Commission

    Market Making(MM)

    CYSECSuspicious Clone

    Overview

    • Company Name:

      OctaFX
    • Company Abbreviation:

      OctaFX
    • Country/Area of Registry:

      OctaFXUnited States
    • Regulatory Status:

      Scam Brokers
    • Customer Service Email Address:

      --
    • Customer Service Phone Number:

      +44 20 3322 1059

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: This platform is a Ponzi Scheme. Please stay away!

    Previous Detection: 2020.11.27 Risk: 4 Item

    • This broker bas been verified to be illegal and all of its licences have been expired, and it has been listed in WikiFX's Scam Brokers list; please be aware of the risk!
    • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
    • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • The CyprusCYSEC regulatory (license number: 372/18) claimed by this broker is a suspicious clone, please be aware of the risk!

    WikiFX Verification

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Market Analysis

    • Time Machine

    • Influence Ranking

    • Score

    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    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.

    • Licensed Institutions :

      Octa Markets Cyprus Ltd

      Effective Time :

      2018-12-10
    • Email Address of Licensed Institution :

      info@octafx.eu

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.octafx.eu

      Expiry Date :

      --
    • Address of Licensed Institution :

      STrovolou 47, KYROS TOWER, 5Th Floor, Nicosia 2018

      Phone Number of Licensed Institution :

      35725251973
    • Licensed Institution Certified Documents :

      OctaFX CySEC监管截图 View Certified Documents
    OctaFX · MT4/5

    Identification Result

      OctaFX · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          OctaFX· Genealogy
          OctaFX · Clones
          OctaFX · Market Analysis

          The data are from WIKI Research    2020.11.27 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          OctaFX · Survey×

          Special Note

          ×
          OctaFX

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesn't provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you've undergone sufficient preparation and risk management before use.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          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.