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Octamarkets -

Score

1.30 /10
Danger

Octamarkets

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://octamarketstrading.com

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.39

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • 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!

WikiFX Verification

Octamarkets · Company summary

Note: Octamarkets's official website: https://octamarketstrading.com/ is currently inaccessible normally.

Octamarkets Information

Based in the UK, Octamarketstrading Investments is a company that provides financial trading and investment services. This firm is not regulated and is targeting people in the UK.

Octamarkets

Is Octamarkets Legit？

Octamarkets is not regulated by a financial authority with strict standards. It indicates that Octamarkets is not a trusted broker.

No license

Downsides of Octamarkets

Oatamarkets has drawbacks we can't overlook.

  • Unavailable Website: Octamarkets's website cannot be opened currently. We can't test their trading conditions and trading platforms.
  • Regulatory Concerns: The lack of regulation indicates less customer protection and compliance with industry standards of the broker. Trading with Octamarkets is of high risk.
  • Lack of Transparency: There is limited information about Octamarkets' trading conditions available.
  • Reported Withdrawal Difficulty: There is a complaint on WikiFX about Octamarkets' withdrawal difficulty.

Conclusion

In summary, we suggest you avoid trading with Octamarkets as it is not regulated by a reputable regulator. Trade with a more experienced and regulated broker will be a better choice.

User Reviews

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悠
more than one year
They always refuse your withdrawal requests, instead, just ask you to always deposit more. I was very annoyed and frustrated with the platform for weeks. I don't ever want to have anything to do with platforms like Octamarkets again.
They always refuse your withdrawal requests, instead, just ask you to always deposit more. I was very annoyed and frustrated with the platform for weeks. I don't ever want to have anything to do with platforms like Octamarkets again.
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2023-03-09 12:27
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