OctaFX Review 2023 | Is OctaFX Reliable or Scam?
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OctaFX , under the brand name of Octa Markets Incorporated, has been operating since 2011. Being one of the largest and fastest growing Forex Brokers in Asia, OctaFX holds FSA Saint Vincent and the Grenadines license, their license number is 19776 IBC. The company has its headquarter in Cedar Hill Crest, P.O. Box 1825, Villa, St. Vincent and the Grenadines.
OctaFX has been providing Forex and CFD services to the clients in over 100 countries around the world. However, as we commented earlier, the company is most popular in Asia. OctaFX has been well known for their customer-oriented approach which lead to highest level of service standards. Indeed, in July 2017, OctaFX became the first non EU regulated broker to receive the prestigious AtoZ Forex Approval title.
Furthermore, the company has also won many other awards, including Best Trading Conditions 2016 and Best STP Broker Award from FX Report Awards 2016, the Most Transparent Broker 2016 award from European CEO Awards 2016 and Best Forex Broker Europe Award from Forex Awards 2016.
Although, OctaFX is not an EU Forex broker, OctaFX website is up to date with all the GDPR and cyber-security requirements. They also have very fast execution, good list of trading instruments with competitive spreads which we will cover next.
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