Address
One BKC, C Wing 810, 8th floor, Bandra Kurla Complex, Bandra East, Mumbai Mumbai City MH 400051
Website
Phone
0838.0838.5555
Crypto Scam in India
Name: OctaFX
Description: OctaFX is a shady, illicit and fraudulent broker. It has duped and is continuing to dupe thousands of traders across the world, it has thousands of negative reviews all over the internet and it is already under the purview of many Government agencies who will soon put the scammers running this front to justice.
-
Trust
(1.5)
-
Reputation
(0.5)
-
Transparency
(2)
-
Value
(1.5)
What is OctaFX?
OctaFX is a shady, illicit and fraudulent broker. It has duped and is continuing to dupe thousands of traders across the world, it has thousands of negative reviews all over the internet and it is already under the purview of many Government agencies who will soon put the scammers running this front to justice.
Pros
- Extremely Smart
Cons
- International Scammer
- Bad Publicity
- Police Record
User Review
( votes)IMPORTANT LINKS
Online Forex Trading App OctaFX Under ED Scanner For FEMA Violation
ED freezes accounts with over Rs 21 crore belonging to OctaFX for illegal online Forex trading
OctaFx probe: ED attaches assets worth ₹34.75 crore
Investor alert! RBI says forex trading on these 34 platforms is illegal0 Consumer Reviews for OctaFX
Add reviewResearch OctaFX
Latest Videos on OctaFX
Frequently Asked
Questions
OctaFX is not publicly traded and does not operate a bank. OctaFx is scamming investors by taking illegal transactions from suspicious agents and circulating money and even having large hawala transactions in various countries including India. Govt must be vigilant to OctaFX and others who are scamming the people at large by engaging in various advertisements involving popular cricket players and Bollywood celebrities.
No, OctaFX operates illegally and maliciously. It is already under investigation and there are thousands of traders trying to recover their lost money.
Yes, please visit – https://www.outlookindia.com/business/rbi-issues-alert-list-on-entities-not-authorised-to-deal-in-forex-trading-news-221754 for more information on this.