OctaFX Real or Fake | Complete Review

OctaFX Review : – Hello friends and welcome to our official website Ecyberplanet.com. In today’s post, we will see about an online trading app and website named OctaFX Trading App, and find out whether it is real or fake. We are sure that you have many questions about OctaFX trading App, such as what Is OctaFX trading?, Who is the owner of octafx?, Is Octafx  is fake or real?, Octafx trading is safe or not?, Is octafx is Real or fake, how does octafx Works? and many more others.

Octafx real or fake
OctaFX Real or Fake

Please read this complete article in order to get answers of all your questions about Octafx Trading App. Please share your Experience and feedback to help others after finding your queries. Your feedback and Experience will help number of other people who do not know about this Application. So friends, let’s start by moving this post forward.

What is OctaFX?

You may heard about an online trading application named octaFX Trading App. It is a well established forex and CFD broker that has grown over the past few years. The platform has been activated since 2011 and has proven to be reliable for people interested in trading.

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The company that controls the broker is called Octa Markets Limited and their offices are located in suite 305, Griffith Corporate Centre, Kingston.

Features of OctaFX Trading App:

  • You can manage your trading accounts
  • In App You can create trading accounts, modify leverage etc.
  • Many Language supported
  • Multiple Payment options
  • Compatible platform for trading app
  • You can Top Up Your demo account

‘OctaFX’ is Real or Fake:

If you want a quick review of ‘OctaFX’, we advise you that currently it is safe.


App Details:

  • Name – OctaFX Trading App
  • Status – Doubtful
  • App Type – Finance
  • Developer – OctaFX
  • Language – Bengali, English, Chinese, Hindi,Malay, Spanish, Thai etc.
  • Contact – [email protected]
  • Minimum deposit – 5 Dollars
  • Withdrawal Period – 1 Day to 3 Day

According to our review we found that OctaFX is not officially illegal in India. In India all the share trading platforms are monitored by SEBI, but while reviewing it we did not find any link between octafx and SEBI (Securities Exchange board of India) or RBI.

That means if a trader have any issues with application transactions then Indian authorities will not be able to help in this matter. As octafx is not monitored by Indian authorities, various Indian nationalized banks are not dealing with the platform directly.

We take a look at many reviews on Internet, and I was not shocked to find complaints. After reviewing so many websites and apps, I know how they work.

Does it mean Octafx is a scam?

According to our review currently OctaFX is safe and has proven to be reliable for people interested in forex trading.

OctaFX Pros and Cons:

Pros:

  • Multilingual Support
  • Withdrawal Period :- 24 hours to 3 days
  • Responsive customer support
  • Tight spreads

Cons:

  • little Network Errors.
  • No Referral Program
  • Minimum Deposit – 5 Dollars
  • Lack of licensing or certifications.
  • Limited deposit and withdrawal options
  • Limited range of instruments and markets

So according to our review OctaFX is safe but it has lack of licensing and certification.


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Please include a message in our Comment Box if you have any questions or wish to share your experience with us. We are looking forward to helping you.

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