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on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Octa

Broker · International

About the company

Legal company nameVersustrategy Inc · Octa Markets Inc · Octa Markets Cyprus Ltd
Year founded2011
Headquarters / registered countryGros Islet, Saint Lucia
Websitewww.octabroker.com
Last checked08.10.2026

According to its official website, Octa (formerly OctaFX) is a forex and CFD brand operating since 2011; it dropped "FX" from its name in 2023. octabroker.com, which serves international clients including those in Turkey, is operated by Versustrategy Inc, registered in Saint Lucia under business registration number 2025-00917, and the client agreement is made with this company. For this entity the site gives only a company registration, states no regulatory licence, and its agreement says it is not licensed or authorised in certain countries. octatrade.co, part of the same network, is operated by Octa Markets Inc, registered in Saint Lucia (2023-00092), which also states no licence. The brand's only licensed entity is Octa Markets Cyprus Ltd, authorised by CySEC under number 372/18, which serves EU clients through octaeu.com; in other words, the entity serving international clients is unlicensed. The former main site octafx.com is no longer in use, and the octa.com domain is not related to the brand. The company offers CFDs on currency pairs, metals, energy, indices, cryptocurrencies, shares and ETFs through OctaTrader, MetaTrader 5 and MetaTrader 4 accounts; a copy trading app is also available. The minimum deposit is 25 USD. Leverage on international accounts is up to 1:1000 on forex and gold. The international site does not accept clients from some countries, including Canada, the EU, the US, the UK, Japan, New Zealand and the Philippines. This information is the company's own statement.

Account Details

ACCOUNT TYPESOctaTrader · MetaTrader 5 · MetaTrader 4 · Demo
MIN. DEPOSIT25 USD
PLATFORMSOctaTrader · MetaTrader 5 · MetaTrader 4
PRODUCTSForex · Metals · Energy · Indices · Cryptocurrencies · Shares · ETFs
LEVERAGEUp to 1:1000

Licences and regulation

CySEC (Republic of Cyprus)

Licence no.372/18
Licence holderOcta Markets Cyprus Ltd
ScopeInvestment firm (CIF) licence; listed in the CySEC register with licence date 10 Dec 2018, company registration no 359992, approved trade name "Octa". Serves EU clients through octaeu.com; this is not the entity serving international clients.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: December 2019 – October 2026

  • Withdrawal / payment: 170
  • Account / trading conditions: 78
  • Customer support: 14
  • Identity verification: 11
  • Bonus / promotion: 9
  • Other: 8

No. 4 for most complaints among 205 institutions.

RANK BY TOPIC — Withdrawal / payment: 2. · Account / trading conditions: 22. · Customer support: 28. · Identity verification: 16. · Bonus / promotion: 20. · Other: 62.

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on the Octa Trustpilot page (139) and WikiFX (151) records as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Octa name are left out. Across the complaints, allegations of restricted accounts, cancelled profits and losses caused by slippage, along with complaints about deposits credited late and delayed withdrawals, stand out.

Sources and verification history

Official company sourcesoctabroker.com — homepage, About us, Accounts comparison, Deposits and withdrawals, Legal documents, Customer Agreement, footer · octatrade.co — footer · octaeu.com — homepage, About, legal notice · octafx.com — closure (410) page
Regulator recordsCySEC — Octa Markets Cyprus Ltd, licence 372/18 (cysec.gov.cy)
Company registerThe site gives Saint Lucia business registration no 2025-00917 for Versustrategy Inc, 2023-00092 for Octa Markets Inc and HE359992 for Octa Markets Cyprus Ltd · Companies House — OCTA MARKETS UK LTD (formerly OCTAFX UK), company no 08849391, dissolved 27 Jun 2023
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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