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Europe Octa Fx

Item: Europe Octa Fx
Rating: 1.30

China|2-5 years|

Suspicious Scope of Business|High potential risk|

https://euoctafx.com/index.html

Website

Open Account Time Machine

Rating Index

Contact

info@euoctafx.com

https://euoctafx.com/index.html

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

Open Now

Disclosure

Danger

ES CNMV

2024-03-04

CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM

Europe Octa Fx

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Warning: Low score, please stay away! 2

Previous Detection : 2024-09-17

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The current information shows that this broker does not have a trading software. Please be aware!

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Europe Octa Fx · WikiFX Survey

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Europe Octa Fx · Company Summary

Note: Europe Octa Fx's official website: https://euoctafx.com/index.htmlis currently inaccessible normally.

Europe Octa Fx Information

Founded in 2023, Europe Octa Fx is an unregulated brokerage company registered in China. This firm specializes in forex trading.

Is Europe Octa Fx Legit？

Europe Octa Fx, incorporated in China, operates without regulation from any recognized financial authority. This lack of regulatory oversight is a major red flag for potential traders. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Downsides of Europe Octa Fx

Unavailable Website

Europe Octa Fx's official website is currently inaccessible. So maybe it's time to find another brokerage.

Lack of Transparency

There is a notable lack of information about Europe Octa Fx available online. This lack of transparency can really dampen investors' enthusiasm.

Regulatory Concerns

Europe Octa Fx is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Negative Europe Octa Fx Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative Europe Octa Fx Reviews on WikiFX

As of now, there are two pieces of Europe Octa Fx exposure in total.

Exposure 1. Cannot withdraw

Classification	Others
Date	MAY 12, 2023
Post Country	Italy

The user said that he had been scammed. You may visit: https://www.wikifx.com/en/comments/detail/Co202305121631910470.html

Exposure 2. Money was never returned to me

Classification	Others
Date	April 12, 2023
Post Country	Portugal

The user said that after closing his account with profits, the money was never returned to him. You may visit: https://www.wikifx.com/en/comments/detail/Co202304116201801010.html

Conclusion

Lack of transparency is a huge barrier for beginning traders. Europe Octa Fx is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.