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Octa

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7.7
(133 Reviews)

Founded: 2011 Min Deposit: 20 USD

Headquarters: Comoros Max Lev: 1 : 1000

Score
Business Scope
7.6
Trading Cost
7.5
Trading Platforms
7.6
Support
7.7
Licence Status

regulated by CySEC

CySEC 372/18
FSCA 51913
MISA T2023320
Authorised
Authorised
Authorised
Contact
support@octafx.com
https://www.octafx.com/
https://www.facebook.com/octaworldwide
Multiple Base Currencies Support
Deposit/withdrawal Problems
Multilingual Support
Fast Deposit
Fast Withdrawal
Multiple Account types
Tight Spread
Low Commission
Not for US Customers
High Leverage
Mohammad
Jan 20, 2023 Germany
OctaFX is a reliable broker, I have been with them for a long time, and they fulfilled the obligations they gave me from the beginning. I regularly withdraw funds, open orders and complete transactions immediately. I think these are indicators of a good and reliable broker.
Oscar Adams
Nov 24, 2022 Bermuda
Low spreads, fast execution, useful personal area and withdrawal funds. octafx is great!
Christoph Pratschke
Dec 22, 2022 France
I have extensive experience in OctaFX trading. It is an honest and trustworthy broker who always serves customers. The service provided is excellent, the execution speed is also very fast, and there is no need to re-quote
EllenRodger
Oct 20, 2022 San Marino
octafx is a very good broker, but the spread is very high. Please consider carefully
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

OctaFX Rebrands to Octa Sep 26, 2023
The rebranding is part of a bigger transformation process, OctaFX says.
5 Best Nigerian Forex Brokers for Leverage Apr 25, 2023
Looking for Nigerian forex brokers that offer high leverage for your trading needs? Check out our guide to the 5 best forex brokers in Nigeria that provide leverage to traders.
Deposit Rate Comparison Between Forex Brokers in Nigeria May 09, 2022
Here is a list of the top 7 popular forex brokers that offer relatively good deposit exchange rates and trading platforms to Nigerian traders.

Deposit and Withdrawal

7.5

Good

support crypto wallets

Features

Deposit/withdrawal Problems
Fast Deposit

See more
See more

Company and Service

7.6

Good

high spreads & good customer support

Features

Quick Response
Good Customer Service
Fast Registration
Profile
Headquarters Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union
Founded 2011
Broker Type
STP
Time Zone GMT+3
Credit Profile No information
Trading Platforms
MT4
OctaTrader,  MT4
MT5
OctaTrader,  MT5
Contact
No Data
Others
Website Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish,  Vietnamese
Customer Service By
Email,  Live Chat
Supported Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish

Related Complaints

Q&A Complaints

are there any cool tech analysis tools, apps, signals or smth like that?

Camden Littel
Singapore
Apr 16, 2025
ANSWER Dear Investor, Thank you for your question regarding technical analysis tools, apps, signals, or other resources provided by Octa. We recommend contacting Octa’s customer service team directly or visiting their official website for detailed information.
See more

What can you tell me about social trading feature with octa, what should I pay attention to?

John Navarednam
Malaysia
Mar 20, 2025
ANSWER Dear Investor, For information about the social trading feature with Octa and specific details, it's best to visit the broker's official website and explore their resources. Additionally, reaching out to their customer service team can provide you with tailored answers and guidance on how to use this feature effectively. Please always ensure you fully understand the platform's terms, conditions, and potential risks before engaging in any trading activities.
See more

Overall Score

7.7
133 Reviews

Cost 7.5

Platforms 7.6

Deposit & Withdrawal 7.5

Customer Support 7.7

Indicates the average level of Brokers

Keywords for selection
High Spreads Bad/Unprofessional Customer Support Good/Professional Customer Support Reliable & Reputable

133 Reviews Clear filter

Sort by
Haitham Ebrahim
7-12 months OctaTrader account Grenada
They are not ready to pay you. In my experience their service is worst . To withdraw my funds I was to pay more than 1000 USD in spite of all amount paid they didn't transfer the amount through the TRC 20 wallet nor through wire transfer into my bank account instead they sent it through DHL as cash and that agent again charged 450 USD and now he is asking me to pay 600USD. Still I am yet receive my money which I think will not happen. They are big scamster kindly be aware and safe gaurd your money from such people
2 hours ago
Reply
Biru bin Biru
7-12 months Malaysia
I been using Octa Forex for almost 9 months now and what i notice is that their executions is quite good and fast, even when the market is really moving crazy. The deposit system work smooth but the withdrawal sometimes takes like 1 to 2 days which i think they can still make better. Overall i trust Octa Forex because the service has been steady since I started
Jul 28, 2025
Reply
Kahley Baker
1-3 years South Africa
I love how diverse octa is with its trading assets and also its account types… I am able to make money if different ways here and my profit margin is above 60%…The customer service is also a gem as they always attend to every need of mine.
Jul 27, 2025
Reply
Abihu Sibarani
0-6 months Indonesia
Until I checked the platform on my own, even positive octa reviews couldn’t make me believe that this broker is indeed transparent like they claim they’re. Once, I started trading. at the beginning with small deposit I understand what traders meant. Nothing hidden, not commissions of any kind and the best part no resistance when it come to withdrawals. They earned my trust that’s for sure.,.
Jul 09, 2025
1
Reply
Wong Nien
1-3 years Malaysia
Withdrawing my bucks to my neteller account was easy breezy. Glad that they don’t require too much information for this process. It took less than 12 hours to receive my money on the account.
Jul 03, 2025
Reply
Boris Tebyanian
1-3 years Australia
I’m using this broker since 2023 and it’s been great for me
May 30, 2025
Reply
Kowara Li
1-3 years Indonesia
Octa Forex was strange butI liked all the services they have. Every time when I need to find out something, I reach out to the sup[port team, they explain sometimes difficult things. They are good!
May 24, 2025
Reply
Dorcas
7-12 months Singapore
There is no lack of octa reviews if you want to learn more about other traders experiences on the platform, and from what I saw here, the broker is fully reliable
May 23, 2025
Reply
Liana Wangi Lesmana
1-3 years Indonesia
it’s mostly been a nice experience so far . The cost of trading here is decent, and the platform is easy to navigate. I do think there could be improvements in the deposit and withdrawal process, but customer support is great, and I feel confident with my trades here. It also has a great reputation with strong regulations
May 18, 2025
1
Reply
Haani bin Haashim
1-3 years Malaysia
The broker is transparent in its processes, no problems, my trading there was stable. Some things are not as convenient and suitable for me. In general, though, I can say they’re trustworthy.
Apr 28, 2025
Reply

1-10 of 133 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.