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OCTAFX -

Score

1.29 /10
Danger

OCTAFX

China

2-5 years

Suspicious Regulatory License

High potential risk

https://www.octafxtrade.top

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Score

Regulatory Index0.00

Business Index5.33

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

OCTAFX

Company Abbreviation

OCTAFX

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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News

NewsGBP/USD PRICE ANALYSIS: THE PAIR BALANCES AT CRITICAL LEVELS

GBP/USD was trading in a narrower range of around 50 pips on Thursday having hit an 11-month high the prior day after the Federal Reserve raised rates but signaled an end to its tightening cycle is in sight. The technicals are left bullish, however, while on the front side of the weekly dynamic support line as the following will illustrate:

WikiFX
2023-05-06 18:36
GBP/USD PRICE ANALYSIS: THE PAIR BALANCES AT CRITICAL LEVELS

NewsGBP/USD SINKS FROM WEEKLY HIGH AS RISK AVERSION TAKES HOLD

The British Pound is moving in different directions against the US dollar and the Euro as interest rate expectations for all three currencies continue to make their mark. In the UK, the Bank of England (BoE) is expected to hike rates by 25 basis points on May 11th and be open to hiking again if inflation remains stubbornly high.

WikiFX
2023-04-27 17:46
GBP/USD SINKS FROM WEEKLY HIGH AS RISK AVERSION TAKES HOLD
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FX1581272515
more than one year
Setting up with OCTAFX is a breeze, and their account spreads are low, ensuring cost-effective trading. The execution speed is commendable. However, a notable drawback is occasional premature stop-loss triggering. It feels like the price never quite reaches your stop-loss, yet you end up being stopped out when it comes close. This quirk can be frustrating for traders looking for precise risk management.
Setting up with OCTAFX is a breeze, and their account spreads are low, ensuring cost-effective trading. The execution speed is commendable. However, a notable drawback is occasional premature stop-loss triggering. It feels like the price never quite reaches your stop-loss, yet you end up being stopped out when it comes close. This quirk can be frustrating for traders looking for precise risk management.
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2023-12-28 18:27
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