ANSWER Dear Investor,Thank you for reaching out to us. We are concerned that Octa Market FX is a scam.The investment website doesn't disclose any valid licensing details to substantiate its legitimacy, which is a red flag. While it claims to be based in the UK, there are no indications that it is authorized or supervised by the Financial Conduct Authority (FCA). In addition, the Cyprus Securities and Exchange Commission (CySEC) has warned that Octa Market FX lacks the required authorization.Therefore, we strongly suggest you avoid using Octa Market FX. For a safer trading environment, it is recommended to opt for fully regulated brokers instead.
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