Is OctaFX a legit company?
OctaFX Rep. Octafx is a fraud company.
Is OctaFX legal?
Yes, OctaFX is legal in India. According to the broker’s website, it is fully compliant with international legislation and allowed to operate worldwide.
Is OctaFX safe for trading?
OctaFX features an easy-to-read layout and good integration for all three trading platforms. The mobile apps run smoothly, with charts and current prices clearly visible and updated in real time. The platform is stable and reliable, with users reporting very few problems with connectivity and stability.
Who owns OctaFX?
Georgios D. Pantzis –
Georgios D. Pantzis – CEO / General Manager – OCTAFX | LinkedIn.
Where is OctaFX from?
Introduction. “OctaFX is a Forex ECN broker registered in St. Vincent and the Grenadines offering to trade on Forex, Indices, Metals and Cryptocurrencies via CFDs, across the MetaTrader suite of trading platforms as well as their own OctaFX Trading App.”
Does OctaFX allow scalping?
OctaFX allows scalping, hedging and other strategies, if the orders are placed in accordance with our Customer Agreement.
Is OctaFX good for scalping?
OctaFX allows scalping, hedging and other strategies, if the orders are placed in accordance with our Customer Agreement. However please note that arbitrage trading is not allowed.
Where is OctaFX located in Nigeria?
OctaFX – a quick look
| Broker Name | OctaFX Nigeria |
|---|---|
| Address | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent And Grenadines |
| OctaFX Minimum Deposit | $50 (₦18,000) |
| Maximum Leverage | 1:500 |
| Regulation | CySEC (372/18), SVGFSA (19776) |
Is OctaFX registered with SECP?
“In this regard, it is stated that as checked from database of companies registered with SECP, no company with the name and style of “OctaFx” as mentioned in the subject complaint is registered with SECP.” Therefore, it added, the activities of the said entity do not fall within the ambit of the Companies Act 2019 and …
Where is OctaFX head office?
Mumbai Mumbai City
Octafx India Private Limited company’s registered office address is Off No 21,The Arcade,Ground Flr, World Trade Centre Complex,Cuff Parade Mumbai Mumbai City Mh 400005 In.
Is OctaFX Indian company?
OCTAFX INDIA PRIVATE LIMITED is an Indian company incorporated on 04/10/2019 and its registered office address is off no 21,The Arcade,Ground Flr, World Trade Centre Complex,Cuff Parade MUMBAI Mumbai ,City,Maharashtra,India,400005.
What is ECN OctaFX?
It is a broker’s business model in which clients` orders are sent directly to one or several liquidity providers to be executed on their end. The more liquidity providers a broker has in general, the better execution for its clients will be (more liquidity available generally means less price slippage).