Score
Cyprus | 5-10 years |https://www.octafx.eu/
Website
Rating Index
MT4/5
Full License
OctaFX-Demo
Influence
A
Influence Index NO.1
India 7.71 
MT4/5 Verification
Full License
BelgiumInfluence
A
Influence Index NO.1
India 7.71 
Forex License 1
Licensed Entity：Octa Markets Cyprus Ltd
License No. 372/18
Cyprus 
WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
CyprusWikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
Cyprus
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
India
octaidn.site octafxidn.me octamarkets.net octaasia.com idnoctafx.info octafxidn.site 
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This section presents the relationship map and suspected clone brokers related to this broker, including unverified platforms, clone firms, risk scores, operating history, and suspicious regulatory licenses. It helps users identify high-risk platforms with names or branding similar to the broker, avoid confusing legitimate brokers with impersonation platforms, and reduce risks to their funds and personal information.
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts.At the moment, Octa offers over 300 trading instruments, including:CFDs on stocks: 150 (Apple, Google, Amazon, etc.)Forex currency pairs: 52 (EURUSD, GBPUSD, GBPJPY and other popular ones)Gold and silverEnergies: 3 (XBRUSD, XTIUSD, XNGUSD)Indices: 10 (US30, NAS100, SPX500, etc.) Cryptocurrencies: 34 (BTC, ETH, LTC, etc.)Spanning across the globe, Octa is subject to regulation by several authorities, reflecting the diverse regulatory landscape governing the activities conducted by Octa. Octa offers three account types: MT4, MT5 and account on its own proprietary trading platform OctaTrader. The average spread for EURUSD is 0.7 pips for all accounts with no additional charges or hidden fees. All accounts are swap-free—there are no overnight fees for traders.OctaTrader platform elevates traders' experience by offering a one-stop solution with features like Space—a dynamic feed with real-time analysis, collaborative tools, and educational resources, all in one place. A library of webinars and tutorials ensures continuous learning for traders at all levels. Another unique tool is OctaVision, powered by AI, which acts as a digital mentor, providing personalised analysis of past trading actions and giving data-driven recommendations to help users refine their trading strategies.
| Quick Octa Review Summary | |
| Founded | 2011 |
| Registered Country/Region | Cyprus |
| Regulation | Regulated by CYSEC |
| Market Instruments | Currrency pairs, gold/silver, commodities, indices, cryptos |
| Demo Account | ✅ |
| Min Deposit | 50 EUR |
| Leverage | Up to 1:30 |
| EUR/USD Spread | Floating around 1.1 pips |
| Trading Platform | OctaTrader, Web platform, Android |
| Payment Methods | Swissquote, BluOr Bank, RIETUMU |
| Deposit & Withdrawal Fee | ❌ |
| Customer Support | 9 a.m. – 6 p.m. UTC+3 |
| Email: clientsupport@octaeu.com | |
| Regional Restrictions | Belgium, the USA, Canada, Spain, and the UK, as well as to jurisdictions outside the European Economic Area (EEA) except Switzerland |
Founded in 2011, Octa a regulated broker registered in Cyprus, offering trading in currrency pairs, gold/silver, commodities, indices, and cryptos on OctaTrader, Web platform, and Android platforms.
| Pros | Cons |
| Regulated by CYSEC | Regional restrictions |
| Various tradable instruments | MT4/MT5 unavailable |
| Demo accounts available | Limited payment options |
| Tight EUR/USD spread | No 24/7 customer support |
| No fees for deposits and withdrawals |
Yes. Octa is currently regulated by Cyprus Securities and Exchange Commission (CySEC).
| Regulated Country | Regulated by | Regulated Entity | License Type | License Number |
 | CySEC | Octa Markets Cyprus Ltd | Market Making (MM) | 372/18 |
Octa offers trading in currrency pairs, gold/silver, commodities, indices, and cryptos.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Gold & Silver | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
The maximum leverage vary on the asset class. Detailed info can be found in the table below:
| Asset Class | Max Leverage |
| Currency pairs | 1:30 |
| Gold & Silver | 1:20 |
| Commodities | 1:10 |
| Indices | 1:20 |
| Cryptos | 1:25 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Octa offers commission-free trading and the EUR/USD spread is floating around 1.1 pips. If you are interested in spreads on other trading instruments, you can visit https://www.octaeu.com/spreads/
Octa has a built-in proprietary trading platform - OctaTrader available on the Web, Desktop, and Android versions.
Octa supports very limited payment options, only Swissquote, BluOr Bank, and RIETUMU.
The minimum deposit or withdrawal amount are both 50 EUR.
All deposits and withdrawals are free of charge, and can be processed within 3-7 business days.
Octa provides email instead of phone or live chat contact, which will result in traders being unable to deal with emergencies on time. You can also follow them on some social platforms, such as Facebook, Twitter, and Instagram.
| Contact Options | Details |
| clientsupport@octaeu.com | |
| Social Media | Facebook, Twitter, Instagram |
| Website Language | English, Italian |
| Physical Address | 1 Agias Zonis and Thessalonikis Corner, Nicolaou PentadromosCenter, Block: B', Office: 201,3026, Limassol, Cyprus |
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
Country / Region
Disclosure Date
2022-09-20
Broker Disclosures
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country / Region
Disclosure Date
2022-02-02
Broker Disclosures
INVESTOR ALERT LIST
Country / Region
Disclosure Date
2020-01-01
Broker Disclosures
INVESTOR ALERT LIST
Country / Region
Disclosure Date
2020-01-01
Broker Disclosures
octa has a CySEC-regulated entity, but its WikiFX Score is 1.62 and the file also shows regulatory warning disclosures plus a large number of recent user complaints. The core risk is not a lack of all regulation; it is the conflict between regulated-entity information and repeated withdrawal, account-blocking, and regional authorization concerns.
Octa carries an active CySEC record, yet multiple regulator warnings and a wave of withdrawal complaints point to a severe payout-risk pattern. Traders report blocked accounts, balances reduced to $0.00, completed withdrawals not arriving, and repeated KYC barriers after profits.
Octa holds a highly concerning WikiFX score of 1.62 due to severe withdrawal complaints and regulatory warnings from Asian authorities. Indian traders face high risk, as multiple users report blocked accounts and seized profits under questionable broker clauses.
In wake of India’s asset seizure, Cyprus regulator curbs OctaFX owner’s control to preserve local compliance.
World Charity Day is held annually on 5 September to raise awareness and motivate people to help others. In this article, Octa, a globally regulated and trusted broker operating since 2011, highlights
Trading losses are tough—and the less experience you have as a trader, the harder it is to handle them. However, those willing to persevere and learn from their mistakes can turn any temporary setback
Octa holds a CySEC license (MM, number 372/18) but has a low core score of 1.63 and a 'Frequent Complaint' regulatory status. While regulated, the presence of numerous user complaints regarding withdrawals and account freezes indicates potential reliability concerns. Traders should evaluate these factors carefully.
Yes, Octa is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 372/18, holding a Market Making License. Additionally, it holds an unverified Forex Trading License from the Mwali International Services Authority (MISA) in Comoros.
The minimum deposit requirement for Octa is not publicly specified in the latest broker data. Please refer to Octa's official website or contact their support for current deposit requirements.
Yes, Octa supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) with full licenses. The data confirms 24 MT4 and 9 MT5 servers, indicating robust support for both platforms.
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FX1459944709
Indonesia
I made 2 wtihdrawals on 19 jan 2026, each wd amount is $2500. So total $5000 and status is completed but money not received in my bank account. I complain send my bank account.. But they still delaying my payment! Alreafy 2 weeks.
FX1459944709
Indonesia
i made withdrawal on 19 jan 2026 and status is already completed. and got no money received by me. i keep complain and always said on checking. already 2 weeks. i don't know whether they don't want to pay my money or what please help. i have sent my bank statement. and when i ask the proof of transfer money to me. they cannot give me.
FX3341877044
Brazil
My account was already verified, however, after a transaction that resulted in a profit of $2,345.40, I made a withdrawal request of only $548. This withdrawal was not released and then Octa, through their KYC email, asked me to send the Binance statement proving the amount that left Binance and went to Octa, and also asked me to send a screen video and also a photo holding my documento.Tudo this was sent and everything is in order. After almost 10 days, today (22/06/2026) I receive an email saying that my account has been blocked! In other words, they did not return my initial capital nor pay my profit! In other words, they robbed me!!! And to justify this, they use a ridiculous clause: "Service denied according to subclause 3.10: 3.10. The Company reserves the right, at its discretion, to refuse to provide the Services to the Client at any time and the Client agrees that the Company will have no obligation to inform the Client of the reasons.
FX2410679820
India
I am reporting a major financial fraud by OctaFX on Account ID 125***** After generating a genuine profit of $1,355.66, my withdrawal was blocked for a fake "Internal Review". To hide my funds, they wiped my dashboard balance to exact $0.00 via a forced balance adjustment. When questioned, their official AI Assistant officially emailed me saying: "Your funds are safe, this $0.00 is just a temporary accounting correction." Even my IB Manager Viraz confirmed my money was secure but blocked me on WhatsApp when I demanded the payout. Immediately after, Sophia from KYC sent a final termination email under Clause 3.10 & 8.2, seizing my $1,355.66. They are using contradictory clauses and deceiving clients. One internal department promises safety while the other cancels the profit. This is an airtight scam trap.
Krismon
Indonesia
Octa offers a fairly stable trading experience for daily use. The registration and verification process runs quickly, so users can start immediately without significant obstacles.
Neutral
FX2009222320
Indonesia
I use Octa because the platform is stable, execution is quite fast, and deposit and withdrawal processes usually go smoothly. The app is also easy to use. But as always, still be careful with leverage and start with small amounts before going big.
Neutral
FX3702931450
Indonesia
I cannot withdraw funds even though the status is complete and the information is very confusing. I have emailed and contacted CS, but the response from Broker did not provide a good solution and was not cooperative even though I have been using Broker for 10 years. I really regret using Broker.
FX2691544081
Indonesia
With the reference number Complicated on 01/20/2026, but it has not been credited to my account as of 01/28/2026. I followed the instructions from OctaFX on 01/23/2026 to track the transaction with my bank, but my bank stated that there was no transaction with that reference number and that the transaction history for this month (January 2026) showed no transaction with the amount I withdrew. The only information I received from Octa was: The case is under further investigation? However, there has been no solution to date.