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octafx Complaints & Reviews

P
Pratigyasharma765
Feb 29, 2024
Apr 22, 2024
This thread was updated on Apr 22, 2024
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OctaFx Service

I am dissatisfied with OctaFX's service. Withdrawal processing delays, inadequate customer support, and platform glitches hinder efficient trading. Urgent action is needed to improve service quality. Timely resolution is expected to maintain patronage. Thank you for addressing these concerns promptly....
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Karan.kundra446
Feb 28, 2024
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Worst platform

I started using OctaFx 2 months ago. I really got disappointed with the customer support team of it. They don't reply timely. My funds are stuck now how can I get them into my account. Let me know....
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H
Haq gee
May 15, 2023
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Liquidity scam by octafx to my account

Octafx
My account balance was 4491$My loss was 4470$ and locked the account GBP USD price remain between 1.2455 to 1.2444 for at least three to four hour my account remain safe and okay at time of closing of market 23:59 my all lots automatically closed and account washed
Please correct your mistake in system and refund same amount in my account with active my lots...
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R
Apr 13, 2023
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Deposit issue

On 27 March at 09:11AM, I transferred INR 49500 from my Paytm to the phone pay number which is provided to me by the octafx deposit system.
After successfully fund transfer, funds not reflected in my trading account.
I complaint it to the octafx support mail and chat section too that I have this issue, but all of them saying same thing that we are doing our best since last 18 days. I already shared all payment proofs with them...
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M
Madhu1974
Mar 17, 2023
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Deposit not credited

Website:www.octafx.com

My octafx ID : 18673729

I made a deposit of 16000 INR on 10-March-2023 via UPI payment mode.
Till date the amount is not credited in my account.

I have contacted company chat agents multiple times in the last seven days. Each and every time they have the same reply " OUR FINANCE TEAM IS WORKING ON THE ISSUE. WE WILL UPDATE YOU VIA EMAIL ONCE WE HAVE AN UPDATE".

I've contacted their customer...
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Website:Octafx

On 8/03/2023 my money has been debited from my account to get deposit on my octafx account which was not reflected. I have been chatting with this guys which are not providing any solution to it just giving me assurance. They are openly looting people.
I have provided all the proof needed but they are least concern about my money...
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S
Satyajit57557
Mar 9, 2023
Mar 10, 2023
This thread was updated on Mar 10, 2023
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Amount not deposited

Until now, the deposit has not been made. I think the OctaFX team is scamming me. I have contacted their customer representatives and support more than 20 times...
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Yuvraj vatsa
from Agra, Uttar Pradesh
Jul 27, 2022
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My withdrawal of 1000$ not credited in my bank account

Sir, I have raised a withdrawal request of 1000$ on 19th July 2022. Same day there was deducted 1000$ from my trading account, but this amount is not credited yet (till date 27.07.2022 in my bank account . octafx couldn't explain anything about the withdrawal, they are saying every day " wait for some time" please take some necessary actions.
Yuvraj Singh Vatsa
Account 26540291 mt4 octafx account...
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1
121317008
from anand, Gujarat
Jul 16, 2022
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Withdrawal amount not reflected in my bank account

Withdrawal amount not reflected in my bank account after one week.
85$ withdrawal amount from octafx.
How to get that Amount?...
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B
Bung Creation
Jul 5, 2022
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Funds not added

Address:21,The Arcade,Ground Flr, World Trade Centre Complex,Cuff Parade MUMBAI Mumbai City MH 400005 IN
Website:www.google.com/aclk?sa=L&ai=DChcSEwjA9tHuw-H4AhUbHCsKHe99AbcYABABGgJzZg&ae=2&sig=AOD64_1u5vbAnADzs2s98I_wygXnbBiHHA&q&adurl&ved=2ahUKEwi75szuw-H4AhXST2wGHdk_C-0Q0Qx6BAgCEAE

I have added the funds on dt 3 and today is dt 5, still not credited ...i have reached out to customer service of no use i want my moeny to be available on my wallet, please help my problem...
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D
Deba Boruah
Jun 16, 2022
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Diposit amount is not credited

I have made two consecutive deposits of 1553 and 1555 INR respectively on 8 and 10 jun. Money has been debited from my account but yet to reflect in my octafx account.

Octafx agent is saying o[censored]PI issues, however the payment gateway confirmed about the successful transaction to octafx....
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Benedi Gonza
Jun 13, 2022
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Not giving my Withdrawal fund

Its been 4 days i havent received my money back. Its 40 usd but nevertheless i havent got it .. they keep saying technical problem . They r screwing with me . Pls help me

My email-
[protected]@gmail.com...
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Benedi Gonza
Jun 13, 2022
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Not giving my Withdrawal

Its been 4 days i havent received my money back. Its 40 usd but nevertheless i havent got it .. they keep saying technical problem . They r screwing with me . Pls help me...
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Harish kumar7767
Jun 6, 2022
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Transction

Address:off no 21,The Arcade,Ground Flr, World Trade Centre Complex,Cuff Parade MUMBAI Mumbai City-400005 Maharashtra
Website:Octafx

I done a transction on 27th May and by mistake i submited wrong account number and i said to cancel my order and they said they will cancel and it will be done in 2 days and i said ok and i again'messeged after 2 days and they said at end of day the amount is reflected and again messeged another day they Said they forwarded to financial team every time I'm messaging they simply saying that they forwarded to financial team and I'm not getting...
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A
abhii95
from sindri, Jharkhand
Jun 6, 2022
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Money did't receive after withdrawal

Address:Near old ara machine rangamati, sindri, house no. 75

Withdraw is still pending in my account, but the withdrawal amount is just gone from my account and I didn't receive that in my bank account, so please tell me where my money is....
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bhananil2002
from Jammu, Jammu and Kashmir
Jun 4, 2022
Jun 4, 2022
This thread was updated on Jun 4, 2022
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Refund of $100 along with compensation of 25x

Website:octafx.com

I was doing trading on octafx mobile app and regularly withdra and deposit my funds as per my needs. On 10th May I had made 3 withdrawl requests of $100 each but I don't know how all the transactions were cancelled by the company. I later contacted the octafx through there live chat option and out of three withdrawls requests two were processed and the funds were transferred to my account but the third one of $100 is still pending from 10th...
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Badrul41992
May 31, 2022
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Withdrawal issue

Iam facing withdrawal issues from last 5days. Whenever I try contact customer support or via email I always get one answer sorry for inconvenience. Is this you treat your clients. I need my money urgently...
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A
abelkumarv
from Dharmapuri, Tamil Nadu
Mar 10, 2022
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Missing credit not reverted

Address:Octafx

I am doing online cryptocurrency trading in octafx platform. I deposited money on 9th February which was not credited in my trading account. So I contacted them since then but they didn't reverted my money back...
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Website:www.octafx.com

Transaction failed while transferring funds to octafx on 31st Dec'21 but amount got debited from my bank account. I have been in touch with their customer care also had shared my bank statement but as of today 05-Jan-2022 still haven't received my refund. I am completely frustrated and disappointed as didn't expect this during my initial start with Octafx !!!

My reference case number is 7031137...
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V
from Indore, Madhya Pradesh
Dec 8, 2021
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Withdrawal request of $690 pending

Address:Octafx

I have placed withdrawal request of$690 on octafx but they have stopped replying on mails
On live chat they just say sorry request is still processing.
This is simply unethical if don't have any timeline for considering a transaction to be processed or failed
Then they are simply fooling innocent people.
I request everyone please don't do such mistake that I have done . Please your hard earn money
I have...
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D
Dharmen Dar
Dec 4, 2021
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Regarding legality

Website:OctaFx.com

Indian government says trading online forex isn't legal apart from other currencies paired with INR. But this broker offers trading to all the currency pairs apart from INR. I've also read that if you trade with other currency pairs you're voilating Indian law and you can be punished for it. So why is this app/broker still legal. When I contact their support they say they have many Indian customers who are able to withdraw without issues...
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D
Donney
Nov 13, 2021
Jan 7, 2022
This thread was updated on Jan 7, 2022
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DO NOT TRUST OCTAFX with your money

Dear Concern,

I have transferred some funds to OctaFX, and that amount got debited from my bank account, I received the confirmation and even ny bank statement showing that they have transferred the funds to some STARPAY, This happened on 9th Nov. 1.00 am.

But to my surprise my Octafx wallet showing 0 balance, then my struggle begin with this trader. I have been using edelwiess / profitmart since many years...
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1. Deposits are allowed without verification not withdrawal
2. You can't withdraw all your money only a portion. There is fix money you can't take it back.
3. You cant find closed trading account information in app. There is whole lot of steps you need to follow and that would be portal based. You can't find that in app.

On Friday I opened trading account 50 dollar by just giving email id phone number and it allowed...
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P
Praveen5614
from Coimbatore, Tamil Nadu
Jun 7, 2021
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Deposit transaction failed

Website:www.octafx.com

Deposited 2500 on June 2 2021, but it's failed. But amount debited.unable to view status in my account. Customer care replies as transaction failed we try to add in octafx or we will refund. But still today 7/6/2021 amount not refunded or credited to octafx account. Worst customer support.
octafx :12461195...
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S
Swati25
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Customer service fake information provided

Website:Octafx.com

Octafx transfer my funds in wrong account number which accts mot not in any SBI Bank. date 02 Feb 21 withdraw no W 2116730 ....
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S
Swati25
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Fund transfer in wrong account

Address:Suait 305, Kingstown
Website:Octafx.co.in

Sir octafx transfer my money in wrong account. Withdraw no W2116730. Date 02 Feb 21.which acc trf my money not available in SBI Bank of India. two times confirmation given to financial department. But abhi tak koi mail ya information given me . When when we chat customer care tell me waiting for bounce back.sir if accts no not in any SBI Bank how funds transfer....
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