Octa Reviews and Comments – Page 10

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I started a month ago and should confess that the things go not so well with this broker as I expected. It doesn’t mean it is bad, but the low spreads seem to be its only strong point. Perhaps one can be impressed by the fast execution but it is not a peculiarity - most brokers do their best to show the high speed. At the same time there is a lack of tools and bonuses. Yeah…they offer a deposit bonus for MT4 account but that is not enough. Within the periods of high volatility I face slippage. The same is observed during news release. So, I could not recommend it but still I would not recommend against it also. Take a try if you want to know more about brokers.
Ed 11 Jun 2016 Reply

OctaFX is worth to trade with. Thank you for the German version (Danke schon!), it makes things easier. Their spreads grew only with news releases, because I traded with other brokers and their spreads grew for now reason, this is unfair I think. And withdrawals are really mean profit which you can get, not just a word, you know.
Dangerous 15 Dec 2015 Reply

Most of the instruments provided by this broker are no affordable spreads. No wonder many of the Forex traders never deal with them even once!
bdforext 17 Sep 2015 Reply

Dear bdforext,
Thank you for your review. However, as an official representative of OctaFX, I would like to stress that we have the tightest spreads possible (0.2 minimum spread for EUR/USD). I hope you'll have a positive trading experience with us in the future.
Kind regards,
Hanna
OctaFX_Hanna 23 Nov 2015

I'm testing OctaFx and first of all (OctaFX pay attention, please)) I am not very satisfied with the payment systems you provide, actually, I would prefer Paypal, but Ok, it is more a preference than a real demand or complaint. Speaking about pluses I would say that the withdrawal process and speed of their services on the whole make me return to OctaFX again and again, more than enough, I was prepared for the worst. Besides I had some issue with their verification process (documents were declined), but their customers service helped me without any delay and much words. I dare say that the withdrawal thing has really surprised me in a positive way, hope that the level of their services will remain the same, any way, I will keep you up to date.
Xian_wei 3 Sep 2015 Reply

Dear Xian_wei,

Thank you for your feedback about our brokerage. We regret that we couldn't respond to you when you posted your review, but we didn't work with forex-ratings reviews until now. Even though an extensive amount of time had passed, we want you to know that we will be forwarding your feedback to the relevant team, as all traders' input matters to us.

We hope you're still a happy OctaFX trader now and manage to experience all the changes and the additional payment methods that we have now. If there's anything we can do for you now, please, don't hesitate to get in touch with us.

Kind regards,
OctaFX Rep.
Octa (Official) 19 November 2020

As for me, I have quite a good experience trading with OctaFX. One of the major advantages for me, which I found while dealing with them, is a smooth and fast withdrawal process, better than expected. Many have some issues about their regulation and have doubts about their reliability, but if you trade legally and follow their terms and conditions, you would not be disappointed with their service, I suppose.
Jack 25 Aug 2015 Reply

Dear Jack,

We're so happy to see such positive feedback about our brokerage. We regret we couldn't respond to you sooner, but we didn't work with forex-ratings.com regularly before. We hope you're still a happy OctaFX trader and if there's anything we can do for you please, don't hesitate to get in touch with us.

Our traders' feedback is always welcome, and we'd be happy to hear from you again.

Kind regards,
OctaFX Rep.
Octa (Official) 11 November 2020

The phrase "after i won a lot of money" is the first signal to bring this "scam" into a question). What about the details of your trade? Have you contacted with OctaFX, their support?
Jack 24 Aug 2015 Reply

Dear Jack,

Thank you so much for your trust and support. We always try to provide our clients with the best service and help them as much as possible. Therefore, yes, we agree that to check any problems we need as much information about the inquiry as possible. It will help us understand the issue in question, but also improve our services in the future. All constructive inputs from our clients are most welcome.

Kind regards,
OctaFX Rep.

Octa (Official) 19 November 2020

Octafx was the best scambroker. Why is it here?
I used to open one account at Octafx. After I won alot of money,Octafx quickly delete transaction history. Then they challenged me to force me to withdraw the amount of money i deposit.
LeoNam 10 Feb 2015 Reply

Dear LeoNam,

We hope that you were able to receive the necessary assistance and have your case resolved. We regret that we couldn't respond to you when you posted your review, but we didn't work with forex-ratings reviews until now.

Since an extensive amount of time had passed we might not be able to verify your complaint, but if you have anything that could help us determine what was the issue you were facing please, feel free to share it with our team.

Kind regards,
OctaFX Rep.
Octa (Official) 11 November 2020

Good broker with tight spread and fast execution. They also held demo contest and weekly prediction contest regularly and from my experiences after participating and successfully withdrawal prize money from both contest without any problem I give them 5 out 5 stars.
j0gy 8 Sep 2014 Reply

Dear j0gy,

We're so happy to see such positive feedback about our brokerage. We regret we couldn't respond to you sooner, but we didn't work with forex-ratings.com regularly before. We hope you're still a happy OctaFX trader and if there's anything we can do for you please, don't hesitate to get in touch with us.

Our traders' feedback is always welcome, and we'd be happy to hear from you again.

Kind regards,
OctaFX Rep.
Octa (Official) 9 September 2014

How to review,
I dont receive my ib comission for 2 day ago and them also cannot confirm when will credited to my account.
Swap free. Yes swap free but they change to charges. Still got charges when you close your trade. But when you trade at demo account, no charges applied.
Client cannot transfer their account under ib now. They said got technical issue but that all nonsense.

psucho 8 May 2014 Reply

Dear psucho,

We hope that you were able to receive the necessary assistance and have your case resolved. We regret that we couldn't respond to you when you posted your review, but we didn't work with forex-ratings reviews until now.

We would like to inform you that during these years, we've been constantly improving our services and you're welcome to check them out again.
If there's anything we can do for you or if you have any questions, please, don't hesitate to get in touch with us anytime.

Kind regards,
OctaFX Rep.
Octa (Official) 11 November 2020

octa fx is very good broker,no requote,low spread,etc
sutrisman 11 Feb 2013 Reply

Dear sutrisman,

We're so happy to see such positive feedback about our brokerage. We regret we couldn't respond to you sooner, but we didn't work with forex-ratings.com regularly before. We hope you're still a happy OctaFX trader and if there's anything we can do for you please, don't hesitate to get in touch with us.

Our traders' feedback is always welcome, and we'd be happy to hear from you again.

Kind regards,
OctaFX Rep.
Octa (Official) 11 November 2020

Never heard about them. Where are they regulated? Anybody knows?
Roman 6 Feb 2013 Reply

Dear Roman,
OctaFX is regulated by FCA, UK. I hope it helps.
Kind regards,
Hanna,
OctaFX official representative
OctaFX_Hanna 23 Nov 2015

Octa

Is Octa scam or legit? Octa is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments. Octa acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their...

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