Octa (formerly OctaFX)
On the desk for one reason: multi-entity structure. 3 register lines are on this file, spread across 3 legal entities in 3 jurisdictions, none of them with a top-tier regulator.
On the wire
3 items · 0 noticesRegister lines are confirmed; several commercial figures remain unread and are left blank.
- 01register entry
CySEC entry 372/18 for Octa Markets Cyprus Ltd
Source: cysec.gov.cy
- 02register entry
FSCA entry FSP 51913 for Octa Markets (Pty) Ltd
Source: wikifx.com
- 03register entry
FSA Saint Vincent and the Grenadines (company registration) entry 19776 IBC 2011 for Octa Markets Incorporated
Source: forexbrokers.com.co
Entity by entity
3 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| CySEC | Cyprus | Octa Markets Cyprus Ltd | 372/18 | T2 | cysec.gov.cy |
| FSCA | South Africa | Octa Markets (Pty) Ltd | FSP 51913 | T2 | wikifx.com |
| FSA Saint Vincent and the Grenadines (company registration) | Saint Vincent and the Grenadines | Octa Markets Incorporated | 19776 IBC 2011 | T3 | forexbrokers.com.co |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | $25 |
|---|---|
| EUR/USD spread as published | 0.6 pips |
| Leverage as advertised | up to 1:1000 (offshore entity); 1:30 retail under CySEC |
| Platforms | OctaTrader · MT4 · MT5 |
| Account books | OctaTrader · MetaTrader 5 · MetaTrader 4 |
What the record says
Recorded by the desk: clients outside the EEA and South Africa are onboarded through Octa Markets Incorporated, registered in Saint Vincent and the Grenadines.
Not verified
4 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- The desk could not confirm headquarters city before filing.
- The desk could not confirm exact legal name of the FSCA-licensed entity before filing.
- The desk could not confirm maximum leverage per entity before filing.
- The desk could not confirm founding year 2011 relies on secondary sources plus Octa's own '15+ years in the market' claim before filing.
Other open files
The whole deskThis file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.