Is Octagon trade a scam?

A number of unregulated brokers like Octagon Trade have been reported to scam people. Broker Dispute helps victims of scam brokers to fight back and get their lost money back from scam brokers. We do not recommend to trade with Octagon Trade since this broker has been suspected as a scam broker.

Which forex broker is legit?

2021 Overall Ranking

Brokers	Trust Score
Saxo Bank	99
CMC Markets	99
Interactive Brokers	99
TD Ameritrade	98

How reliable is Forex Trading?

Forex trading can bring profits fairly reliably, if you learn what you’re doing. Forex trading can bring profits fairly reliably, if you learn what you’re doing. For the most part, Forex trading is not “investing” in the sense of buying a position and holding it for the long-term.

Is octagon trade safe to invest in?

Octagon Trade is an offshore broker! Your investment may be at risk. Don’t put all your eggs in one basket. Open trading accounts with at least two brokers. Octagon Trade is a forex broker trading in forex, commodities, indices and cryptocurrencies.

What is octoctagon trade and how does it work?

Octagon Trade is a forex broker trading in forex, commodities, indices and cryptocurrencies. We can say one thing for sure – this broker doesn’t want you to waste your time by reading such ‘unnecessary’ things as Terms and Conditions or other legal documents or anything about accounts, regulation, etc.

Is octafx safe to trade?

OctaFX provides safe trading environment. OctaFX launched since 2011 walked a path with various operation licenses including SVG registration, operating the UK branch, yet suspended this entity back in 2017 and target Cyprus as its next destination of operation. Is OctaFX legit?

Are forex brokers legit?

Forex trading is legal, but not all forex brokers follow the letter of the law. Forex Brokers: Are They a Scam? Forex is rife with bad actors, but there are legitimate brokers making a business in the market as well. (Getty Images)