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Octa

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WELL-PERFORMING BROKER
8.6
(84 Reviews)

Founded: 2011 Min Deposit: 20 USD

Headquarters: Comoros Max Lev: 1 : 1000

Score
Business Scope
8.6
Trading Cost
8.6
Trading Platforms
8.6
Support
8.6
Licence Status

regulated by CySEC

CySEC 372/18
FSCA 51913
MISA T2023320
Authorised
Authorised
Authorised
Multiple Base Currencies Support
Deposit/withdrawal Problems
Multilingual Support
Fast Deposit
Fast Withdrawal
Multiple Account types
Tight Spread
Low Commission
Not for US Customers
High Leverage
Mohammad
2023-01-20
OctaFX is a reliable broker, I have been with them for a long time, and they fulfilled the obligations they gave me from the beginning. I regularly withdraw funds, open orders and complete transactions immediately. I think these are indicators of a good and reliable broker.
Oscar Adams
2022-11-24
Low spreads, fast execution, useful personal area and withdrawal funds. octafx is great!
Christoph Pratschke
2022-12-22
I have extensive experience in OctaFX trading. It is an honest and trustworthy broker who always serves customers. The service provided is excellent, the execution speed is also very fast, and there is no need to re-quote
EllenRodger
2022-10-20
octafx is a very good broker, but the spread is very high. Please consider carefully

Updates

Octa offers reduced spreads during the U.S. election

The broker will lower spreads on most assets for a whole month between 31 October and 15 November to provide traders with extra opportunities during high market activity before and after the elections.

2024-10-25

Deposit and Withdrawal

8.6

Very Good

support crypto wallets

Features

Deposit/withdrawal Problems
Fast Deposit

See more
See more

Company and Service

8.6

Very Good

high spreads & good customer support

Features

Quick Response
Good Customer Service
Fast Registration
Profile
Headquarters Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union
Founded 2011
Broker Type
STP
Time Zone GMT+3
Credit Profile No information
Trading Platforms
MT4
OctaTrader,  MT4
MT5
OctaTrader,  MT5
Contact
No Data
Others
Website Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish,  Vietnamese
Customer Service By
Email,  Live Chat
Supported Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish

Related Complaints

Q&A Complaints

Overall Score

8.6
84 Reviews

Cost 8.6

Platforms 8.6

Deposit & Withdrawal 8.6

Customer Support 8.6

Indicates the average level of Brokers

Keywords for selection
High Spreads Bad/Unprofessional Customer Support Good/Professional Customer Support Reliable & Reputable

84 Reviews

bunga
0-6 months Malaysia
stay away from this broker, very horrible and slippages will make you loss your money.
2023-09-14
1
Reply
Samuel Kwadwo Acquaah
0-6 months OctaTrader account Estonia
I have been trading with them in the past few months . OctaFX is definitely not a bad broker. So far, they have provided good execution without requotes and sliding opportunities. Spreads and swaps.
2023-01-11
1
Reply
HelenNoble
Not used yet MT5 Account
Not used myself but a friend had real problems with this broker. Seems to be very difficult to get your money out.
2022-08-27
1
Reply
Lee Yong Zu
7-12 months Singapore
Almost a year for me. Earned $800 rn, good? ... but $200 of them were from bonuses, to be fair...
2024-11-06
Reply
Angkiat Kang
7-12 months Indonesia
I went through some octa reviews and my experience with Octa has also been great! Their educational materials really helped me understand trading better. I’ve been trading for about 10 months, and I appreciate the analytical tools available. The support is responsive, and I’ve had no issues with my account.
2024-11-02
Reply
Kuning Murni
7-12 months Malaysia
I like trading the S&P 500 index and I think the price will reach an all time high near the new year, probably 6500 points. Nevertheless, I think the swap commissions are kind of expensive for me. :)
2024-10-27
Reply
Seah Ruo Jiang
1-3 years Malaysia
Been using this broker for over 1 year now and I haven’t had delays with my money withdrawals so it’s a YESS…
2024-10-25
Reply
Chander Cheema
0-6 months India
so far, Octa FX has been good I got a standard account, and all was fine with deposits and withdrawals, quick though at certain times slower support is always responsive and helpful Judging by the Octa reviews, everything I’ve seen seems fair
2024-10-18
Reply
Arnoud Rehatta
Over 3 years Indonesia
Been trading with them for liek 4 years, go to say that it an excellent platform...
2024-10-13
Reply
Ramzi A.
0-6 months Malaysia
Feels like tyhere are not much really weak sides, everything seems to be in order with conveinent conditions for trading. Just open an account and start trading, its as easy here.
2024-10-10
Reply

1-10 of 84 comments

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