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
The brand was renamed from OctaFX to Octa in 2023.
Clients outside the EEA and South Africa are onboarded through Octa Markets Incorporated, registered in Saint Vincent and the Grenadines.
Octa's account comparison page lists a $25 minimum deposit across OctaTrader, MT4 and MT5 accounts.
Octa states it does not accept clients from the EU, UK, USA, Canada, India, Iran, Myanmar, North Korea, Pakistan or the Philippines.
Not verified
5 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.
- headquarters city
- exact legal name of the FSCA-licensed entity
- maximum leverage per entity
- founding year 2011 relies on secondary sources plus Octa's own '15+ years in the market' claim
- headquarters
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.