: It holds licenses from the Financial Sector Conduct Authority (FSCA) in South Africa and the Mwali International Services Authority (MISA). Warnings & Bans :
It has been flagged or banned by regulators in , Malaysia , Spain , and the Philippines for providing services without proper local authorization. octafx
In April 2024, Indian authorities conducted search and seizure operations at OctaFX offices due to illegal forex trading activities. OCTAFX INC | FCA : It holds licenses from the Financial Sector
: Supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary platform, OctaTrader . Regulatory Status Octa's regulatory standing is complex and varies by region: OCTAFX INC | FCA : Supports MetaTrader 4
Octa (formerly ) is a global forex and CFD broker that has operated since 2011, currently serving over 6 million accounts in more than 100 countries. While it is a popular platform known for low fees and tight spreads, it faces significant regulatory scrutiny and mixed user feedback regarding fund withdrawals. Key Company Information Founded : 2011. Headquarters : St. Vincent and the Grenadines.
: Forex (28 pairs), metals, energy, indices, and cryptocurrencies like Bitcoin and Ethereum.