OctaFx Trade Forex Broker Markets Review 2025 Pros & Cons

Established in 2011, OctaFX is recognized for being a dominant force in the forex and CFD brokerage sector. The broker operates under varying regulatory frameworks which may raise concerns regarding fund safety and transparency. Additionally, it features comprehensive educational resources designed to enhance users’ trading skills. Targeting users who seek to expand their trading repertoire, OctaFX provides access to over 300 trading instruments, including forex, CFDs, commodities, and cryptocurrencies.

Forced Migration to OctaTrader With No Way to Return to MetaTrader

• OctaFX should make the traders’ experience to be enjoyable by not pausing profiting trades!
• Your past trading history remains intact and is available in your Personal Area under the Closed Accounts section; funds and bonuses were transferred together with your positions.Please note that while we do our best to ensure a seamless transfer, occasional errors can occur.
• Learn about Trustpilot’s review process.
• Very super easy to use it, even for the first time, already familiar with the system within a few minutes.

Octafx is a tested and trusted broker.Instant deposit and instant withdrawal made this broker, a must broker to trade with.The bonuses offer of LunarCapitalfx is a great support for traders like us with s… Frequent complaints about the withdrawal process and payment method limitations, alongside mixed reviews on customer support responsiveness, suggest that not every user experience is smooth. I deposited amount to my trading account but it didn’t added, I asked customer support assistance but it didn’t help there are bots saying the same answers even after a 150+ mails and more live chat bots. The broker offers a myriad of advantages, such as low spreads starting from 0.6 pips and zero commissions on deposits and withdrawals, making it an attractive option for traders, particularly beginners and intermediates. If you notice any discrepancies, kindly specify the orders via email or live chat so that we can double-check with our technical team.After the transfer, you will see a new OctaTrader account in your dashboard; this is where your active trading will continue. I worst experience ever i made deposit around 100 usdt in LunarCapitalfx account.

• Both automated and human support agents told me they could not assist and advised me to close all my open positions before making an internal transfer.
• It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts.
• Based on reviews, created with AI
• “I’ve had mixed experiences with the withdrawal process; sometimes its smooth, but other times it raises concerns.”
• They asked me to follow several steps, all of which were completely incorrect and a waste of time.What’s most concerning is that the transaction they couldn’t help me with was only a couple of dollars.

The Pros & Cons of OspreyFX

Learn about Trustpilot’s review process. We use dedicated people and clever technology to safeguard our platform. Anyone can write a Trustpilot review.

The lack of advance notice and the inability to restore my account setup have placed me in a difficult and unfair situation.I request that Octa reverse the migration and return my balance and open trades to MetaTrader. Both automated and human support agents told me they could not assist and advised me to close all my open positions before making an internal transfer. We’re always here to support you.Kind regards,Octa Rep. Don’t hesitate to contact us via email or live chat.Kind regards,Octa Rep. Dear Andi Arifin Wibowo,Thank you for sharing your positive experience with Octa. Please note that we are a global broker that follows international laws to ensure our clients’ security, and we’re always ready to help our clients in case of any difficulties.Thank you for your patience and understanding!

The “Traps” of Non-Trading Fees

If you still encounter any issues, please provide more details about the deposit you’re referring to on our official social media in DM. I have lost opportunity of being in the market for 6 days and it seems Octa does not care at all despite my plea to them numerous times per day trying to understand what the issue is. All Im being told is there is a technical issue they are resolving the problem while days go by.3.

I have lost confidence in the broker. If you have any further questions or need additional assistance, please don’t hesitate to reach out to us via email or live chat. I would hate to take this social media platforms exposing the operations of this company and their unethical behavior towards their clients!!! I am unable to use that email right now to send attachments, so please can you unlock my account. 4 people for the last 3 days and my account is still blocked for no reason.They requested I send them a selfie picture which I did, Chris can’t accept my selfie because I didn’t use the email address I opened my account with.

Company Background and Positioning

Please log in to the Octa site using the first search result.Now can able to login, because of they changed the platform into my.LunarCapitalbroker.comBut, withdraw is under pending only. If you prefer trading on MetaQuotes, you can open a new MetaQuotes account at any time and place new trades, while the positions on OctaTrader can be closed with a single tap.If anything about the transfer seems unclear or doesn’t match your expectations, please let us know. As per checking, the last deposit requests were successfully credited to your trading account. We do our best to provide fast and efficient processing, but unfortunately, we sometimes experience some shortcomings. My deposit I made on the 4th of December has not been credited back to my bank account or credited to my trading account.2. Placed a deposit but cancelled and haven’t received my refund after almost 2 weeks now the customer support is just an AI and doesn’t ever get to someone real I don’t even know if I’ll get my refund back

Where is OspreyFX located?

We’re also sorry about the one-off deposit delay after the scheduled maintenance. We’re delighted to hear that you find our app smooth and easy to use, and glad to know that our supportive community have been helpful for you. Dear Summer F,Thank you for sharing your positive experience with Octa. I also like the nice supporting community. Dear Saravanana Kumar Vellaisamy,Thank you for your review. Please rest assured that your funds are safe.

Gast respond the issue

Dear Satheshsk S,Thank you for taking the time to leave your feedback.WWe’re sincerely sorry you faced difficulties during the internal transfer. Octafx scams the customer by AI assistant. Still no fund received back to my account. I made internal transfer between account.

In this case my old bank account got freezed still now from last 1year … Best is there is additional trading points given for every trade. Brokers giving up to 50% bonus credits for all deposits. A few users have also mentioned issues with the MT5 platform and concerns about spreads.See more Customers appreciate the user-friendly platform, highlighting its ease of navigation and accessibility, even for beginners.

This platform is trustworthy. I also like it that they have good controls for Deposit/Withdrawal of funds to ensure that Withdrawals track back the the same source of Deposit. I have been https://lunarcapital.live/ trading with OctaFx for more than 5 years. Octa platform easy to use & visualize.. Upon checking with the promo code in real time, the issue was resolved, and I found…

Traders can access the TradeLocker platform, integrated with TradingView, and the firm claims to support various trading strategies, including scalping, hedging, and news trading. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…

Some traders trade only one instrument, while I pay attention to multiple if not a number.Especially stocks, coz different market sectors behave and move differently.With this broker the process… I have been using OCTA FX for many years yet recently I felt NOT SATISFIED with OCTA MT4 platform spread which is much BIGGER than other well known brokers so the result Lunar Capital official site is some EA’s will result eithe… Fast withdrawal and deposit! Based on reviews, created with AI Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews.

MT4 represents the best choice for those who have just started trading. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. @Octafx No response even after submitting documents multiple times.

The platform is easy to use, even for beginners, and it offers fast execution with almost no sli… Sometimes delay by review 5 to 10 mins.😁😁.But seriously there is a issue of partial closure of position….Suppose if I have taken trade of lot size 1 and if want to close .5 from… What I have noticed in recent months is that withdrawals are completed in few minutes without any difficulty… Generally quite user friendly and withdrawal has been fast. Tested both deposit and withdrawal options. I always traded with LunarCapital but I usually used 3rd party tools to do analysis since at the time you weren’t able to subtract the instruments tab and it couldnt give you a large clear view on the chart….

Assessing Support Effectiveness

OspreyFX offers an appealing entry point for aspiring and experienced traders alike, with low-cost evaluations starting at just $59 and a straightforward two-step challenge model. Interested prop traders can start the evaluation after selecting their desired package and paying the one-time fee. In addition, OspreyFX provides practical trading tools that traders will appreciate, including calculators, an economic calendar, and real-time spreads information. OspreyFX offers in my view a comprehensive range of educational materials aimed at supporting traders with different levels of experience.

OspreyFX offers the Trade Locker platform only, available on desktop and mobile, this comes with an integration to the popular TradingView application that provides advanced charting and analytical options. Inactivity for more than 30 days also results in a breach of the terms and termination of the trading challenge. Swap rates apply per instrumentIncreased leverage Not applicableStop-loss not required at trade entry Not applicableTotal fees for a $5,000 account $59 All evaluation fees are charged as a one-off cost and are reimbursed after your first profit split payout once you have successfully passed the challenge and reached the funded phase. OspreyFX follows the best practices established across the prop firm industry, which has meant it has grown in popularity in a short space of time.

They asked me to follow several steps, all of which were completely incorrect and a waste of time.What’s most concerning is that the transaction they couldn’t help me with was only a couple of dollars. Providing a stable and efficient trading environment for our clients is always our priority.We’re glad to have you with us at Octa. Therefore, it is doubtful that the ‘Octa scam’ is a correct evaluation of the our activities. Users from all over the world have traded in the financial markets using our platforms and mobile apps.