✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the broker OctoFinance
¿It is the broker OctoFinance (aka octofinance.io) really trustworthy? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The OctoFinance broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Widdershins Group Limited.
OctoFinance is based in: Dominica.
If we talk about regulation, the broker OctoFinance does not mention absolutely anything about being regulated, OctoFinance is an unregulated broker.
We will continue to analyze the different account types that OctoFinance offers. In the case of OctoFinance, we note that it has 5 different plans or types of account: Mini Account, Standard Account, Trader Account, Gold Account and VIP Account.
Mini Account: minimum initial deposit of $ 250, +50 instruments, standard spread 1.8 pips, leverage up to 1: 200, minimum trade 0.01 lots, maximum trade 15 lots.
Standard Account: minimum initial deposit of $ 1.500, +100 instruments, standard spread 1.8 pips, leverage up to 1: 160, minimum trade 0.01 lots, maximum trade 15 lots, 10% welcome bonus, 5% upgrade bonus.
Trader Account: minimum initial deposit of $ 10.000, +150 instruments, standard spread 1 pips, leverage up to 1: 120, 24/5 signal platform, minimum trade 0.01 lots, maximum trade 20 lots, 15% welcome bonus, upgrade bonus of 10%.
Gold Account: minimum initial deposit of $ 30.000, +250 instruments, standard spread 0.7 pips, leverage up to 1: 100, 24/5 signal platform, minimum trade 0.01 lots, maximum trade 25 lots, 20% welcome bonus, upgrade bonus of 15%.
VIP account: Minimum initial deposit of $ 60.000, +250 instruments, standard spread 0.4 pips, leverage up to 1:40, 24/5 signal platform, minimum trade 0.01 lots, maximum trade 30 lots, 25% welcome bonus, 20 refresh bonus %.
Is your broker giving you problems?
Leave a comment on our website explaining your difficulties and we will try to help you.
The platform used to trade is: OctoTrader platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that OctoFinance offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
OctoFinance Features
Would you like to know the best 2021 broker ? Find out HERE
Additional information about the company
Phone number: does not have.
E-mail: [email protected]
Website: octofinance.io
Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
OctoFinance valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, that is, it is not supervised by any body, in addition, it is based in a very unsafe country (Dominica), when looking for information and other evaluations about OctoFinance we found a large number of negative reviews.
Attention: Both OctoFinance and SpaceMarket, finlay, CF Broker, supra trade, 24FinTime, AdamantFx, TopTradeGroup, AssetGroup are part of the company Widdershins Group Ltd., a company with a terrible reputation and hundreds of customer complaints. We recommend staying away from these brokers.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
Are you part of OctoFinance? Are you a representative or worker of the company? Write to us at >> use this form <<
↓ ↓ ↓ Traders and users score
Good afternoon, I find a problem with these brokers, I asked for my money and they do not return it to me, they do not answer my messages, how can it be recovered, they have deceived me ... I WANT MY MONEY THIEVES !!!!!! !!!!
Hi Herbert, this broker named OctoFinance is a SCAM, many investors have denounced OctoFinance for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Many customers have complained about NOT BEING ABLE TO WITHDRAW YOUR MONEY.
We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/
Greetings.