Octa is an international broker providing online trading services since 2011. We perform checks on reviews I’m not familiar with the company yet but first time experience it was perfect Best platform ..quick deposit and withdraw ..easy to use app OctaFX should make the traders’ experience to be enjoyable by not pausing profiting trades!
Evaluation Fees & Profit-Share
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Verification can help ensure real people are writing the reviews you read on Trustpilot. Find out how we combat fake reviews. Companies can ask for reviews via automatic invitations. While we’ve tested thoroughly, issues may still occur.If you notice any errors or issues accessing your account, please report them to our Customer Care team via email.
Who owns Octa FX?
2,681 Crore ($358 million), including 19 immovable properties and a luxury yacht in Spain owned by Pavel Prozorov, the controlling shareholder of OctaFX. Pavel Prozorov has been arrested by Spanish Police Authorities, according to the ED.
Gast respond the issue
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- OspreyFX accepts cryptocurrency payments as well as bank transfers for withdrawals.
- Amazing broker withdrawal fast and easy trusted platform but only one thing changing the complain proces take more time it will be change.
- The broker offers a myriad of advantages, such as low spreads starting from 0.6 pips and zero commissions on deposits and withdrawals, making it an attractive option for traders, particularly beginners and intermediates.
Please be assured that Octa operates as a regulated broker and follows strict security and compliance procedures to protect our clients and their funds.At the moment, we’re unable to locate your details in our system. Dear Aryansh Kulshreshtha,Thank you for taking the time to leave your review.We have thoroughly checked your case and see that your account was undergoing a basic internal check. We aim to ensure a seamless trading experience and hope you will continue using our app and maybe share your ideas on what features you’d love to see in the future.If you have any suggestions, don’t hesitate to contact us via social media, email or live chat.Kind regards,Octa Rep. In case you don’t, please feel free to contact us via In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.
OspreyFX does not support other trading platforms such as MetaTrader 4 (MT4), cTrader, or DXTrade.MT4MT5MT4/MT5 Add-OnscTraderProprietary PlatformAutomated TradingGuaranteed Stop LossScalping OspreyFX offers just one evaluation option as route to trading a funded account. OspreyFX offers a competitively priced entry into proprietary trading, with evaluation fees starting from just $59 for a $5,000 account. OspreyFX has gained recognition for its prop offering by allowing advanced trading strategies and providing a modern trading infrastructure, appealing to both new and experienced traders.
Which broker gives the fastest withdrawal?
Zerodha's instant withdrawal feature allows you to withdraw money from your account to your primary bank account immediately, with no charges. You can withdraw between ₹100 and ₹2,00,000 once per day between 9:00 AM and 4:00 PM.
Its day 6 now of sending messages and proof to Octa as well as trying to chat to them on customer support. Since I wrote a review about this broker 4 days ago I have not heard from them neither have they attempted to resolve my issue here. Dear Kevin Price,We’re sorry to hear you experienced difficulties on the Octa platform. Dear Belema,Thank you for taking the time to update your review.We are pleased to know https://lunarcapital.world/ that your payment has been successfully processed. All necessary measures were taken to ensure a smooth transition for our traders.If you have any more questions or need help, please don’t hesitate to contact our Customer Support team or reach out to us on any official social media where we are officially present.Kind Regards,Octa Rep. Our team has provided a detailed explanation of what happened and how the technical update was processed.
The brokerage side of the business has a lower rating on the Forex Peace Army site with just 1.6 out of 5. OspreyFX operates a brokerage and prop business without regulation. I have summarized some of the key LunarCapital website benefits and potential drawbacks I discovered during my in-depth review of the OspreyFX prop offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. This may impact how, where and which companies / services we review and write about. Holding over 16 years of experience in global financial markets, and 4 B.A.
Customer Support Analysis
After carefully reviewing your account, we can confirm that your deposit has now been successfully credited.We regret that the process took longer than expected. Please note that sending a selfie from the email address linked to your account is a secure verification method designed to protect both your funds and your personal data.We’ve reviewed your account, and everything is currently active and unblocked. I tried for a week to get my new password and server name for the migrated account so I could keep enjoying my trading experience on MT4. To assist you properly and review your case in detail, we kindly ask that you contact us through our official support channels, such as social media, email, or live chat. It appears that this specific transaction cannot be credited to your account due to technical limitations.The Customer Care team should have requested additional details to process a refund for you.
Where is OspreyFX located?
The best Broker platform ever. However, I have requested a withdrawal for… Please to check to update Octa MT5 platform accordingly without any hiccup happening in the fu… It has happened many many times. Prevention of copy traders Stop-losses Octafx is a good app to invest or trade in forex.
Deposit verification is kind of slow, 30 mins and above, but the withdrawal option is… Octa is the no. 1 broker in th… Don’t panic this broker is genuine, i have been using them for few years now, not a single… Very super easy to use it, even for the first time, already familiar with the system within a few minutes.
I am very satisfied with Octa broker and I highly recommend it. Trading with the Octa platform is very convenient because all matters are prioritized. The trading app itself on the phone and pc i…
I’ve only had one unpleasant experience with the deposit delay after maintenance works, it arrived in 1 day while usually it takes minutes. Useful smart feed that sometimes helps with trading ideas. When we have any updates on your case, our Customer Care team will contact you.If you need our support, you can also contact us through social media or via our official email address.Kind Regards,Octa Rep.
Funded Account KYC
However, the varying degrees of regulatory oversight and mixed reviews regarding user experiences underscore the importance of comprehensive due diligence. In conclusion, OctaFX offers a competitive trading platform with low costs and a variety of educational tools, making it a suitable choice for beginner and intermediate traders. OctaFX maintains a customer support system accessible via email, live chat, and phone, yet does not offer 24/7 availability everywhere. “I’ve had mixed experiences with the withdrawal process; sometimes its smooth, but other times it raises concerns.” In essence, while OctaFX presents a captivating entry point into forex trading, both new and seasoned investors should conduct careful due diligence before moving funds into their accounts. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- Best platform ..quick deposit and withdraw ..easy to use app
- Then, I contacted Live support for help.
- We’re delighted to hear that you find our app smooth and easy to use, and glad to know that our supportive community have been helpful for you.
- OspreyFX does not list a maximum time limit but requires a minimum of ten profitable trading days for each of the two-step phases.
“MT4 and MT5 are reliable, but I find the proprietary platform a bit lacking.” OctaFX boasts over a decade of experience and multiple industry awards, fostering a favorable reputation among beginners. The operational framework includes adherence to various international financial regulations, albeit with mixed oversight levels that can impact customer trust.
WORLD TRADE ORGANIZATION
We’ve completed large-scale technical upgrades affecting all platform components. We’re here to review every detail and make sure everything on your account works exactly as it should.Kind regards,Octa Rep. Your past trading history remains intact and is available in your Personal Area under the Closed Accounts section; funds and bonuses were transferred together with your positions.Please note that while we do our best to ensure a seamless transfer, occasional errors can occur. We understand that this situation may feel unexpected, so we want to explain what happened as clearly as possible.As part of a scheduled technical update, your open orders were transferred from your previous MetaQuotes account to your new OctaTrader account. This experience has seriously damaged my trust in the platform.
Reviewers had a great experience with this company.
The minimum evaluation fee at OspreyFX is $59 for the $5,000 account with the two-step evaluation process. Support is offered in English, and while the firm does not advertise 24/7 availability, is helpful with queries related to account setup, trading issues, and the funded program. The firm also maintains a detailed library of articles and content on topics such as scalping, swing trading, and advanced strategy insights as well as general and platform-specific questions and answers.
OctaFx Trade Broker Review
The broker has been operating for 13 years so far. We hope, with these insights, anyone interested in Octa trading opportunities could decide whether to invest in them or not. Leverage provided by Octa varies across trading instruments. Clients using the OctaTrader, MT4 or MT5 account do not have to pay swaps. The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips.
My only concern is your MT5 platform hiccup during trading real account. Deposits and withdrawals are fast. Service wisely super good but on deposit and withdrawal your company using others account… Instant deposit & fast withdrawal. The availability of responsive and helpful customer support also stands out, with users noting the clear and professional assistance they receive.People value the platform’s improvements and the convenience of managing trades on the go through the mobile app. We work hard to offer you valuable information about all of the brokers that we review.
Through a partnership with Forex Squad, verified users gain free access to structured lessons covering courses on forex fundamentals, technical and fundamental analysis, trading psychology, and risk management. OspreyFX does not list a maximum time limit but requires a minimum of ten profitable trading days for each of the two-step phases. The firm uses a two-step challenge format, which is currently the only route to securing a funded trading account. Positive feedback mentions responsive customer service, praise for the TradeLocker platform with TradingView integration and range of tradable instruments.
However, some reviewers have reported inconsistencies in deposit verification times and a discrepancy between deposit and withdrawal rates. Many consumers have reported smooth and timely deposits and withdrawals, with some specifically mentioning the speed and transparency of these processes. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency.
Additionally, some users have reported issues with high fees related to specific withdrawal methods, such as $30 for withdrawals via certain payment systems. OctaFX provides trading services across several platforms including the well-known MetaTrader 4 and 5, alongside its proprietary trading platform, Octa Trader. OctaFX, a prominent player in the online forex brokerage space since 2011, has established itself with a reputation for competitive trading conditions.
Singapore is officially blocking OctaFX from June 20, 2025.This is due to unlicensed operations in breach of local financial law.Personally, not a good trading platform, sometimes broker plays aro… I have been an Octa customer for more than 7 months and a Platinum customer for more than 1 month, which means I will get priority withdrawals and deposits. Hi I am sunil from Bangalore India I have travelling with Octa for more than 15yrs they are the best trading broker I have seen they are very transparent with traders there is no issue in deposit or…