Tag: Octa

Unveiling the Divergent Opinions on Offshore Broker Octa: FinTelegram vs. Traders Union.

Compliance Ben - February 8, 2024

In the murky online brokerage world, the Octa (previously OctaFX) assessment by FinTelegram and Traders Union presents a starkly contrasting narrative. Is the offshore broker Octa a reputable and reliable platform for global traders or a cautionary tale for those navigating the complexities of regulatory compliance? The differing viewpoints of FinTelegram and Traders Union raise provocative questions about the right approach to evaluating online brokers.

Updated Review: Rebranded Offshore Broker Octa With Impressive Growth And Red Listing Confirmation!

CySEC tamir - February 8, 2024

In March 2023, we published our latest update on the Octa (previously OctaFX) broker scheme and reported a CNMV warning. CySEC regulates Octa Markets Cyprus Ltd with license number 372/18. Like many other CySEC-regulated brokers, Octa runs an offshore scheme via Octa Markets Incorporated. The offshore scheme deploys different domains to solicit clients over regulatory regimes. Octa showed impressive growth over the last 12 months.

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