OctaFX Is Frequently Complained by Investors for Irregularities from freemexy's blog
Recently, the broker OctaFX has become the target of frustrated investors. Many of them reported the broker to WikiFX after suffering varying degrees of losses due to OctaFX’s manipulations. WikiFX recorded one of the victim’s experience of being scammed to remind other investors to avoid choosing this broker.To get more news about WikiFX, you can visit wikifx news official website.
Event recap
The complainant noticed the irregularities of OctaFXs platform on April 14th. When he woke up in the morning to check the trading results, he found that the platform did not execute his limit order at all when the market situation had been obviously in his favor. He immediately sent an email to the platform about the matter and reset the price of the limit order, but the platform did not responded.
Later, he traded EUR/USD and GBP/USD on the platform, but the
market was rising. The investor continued to send emails to the
platform, hoping that the platform would execute his orders at the limit
level he set, so he could keep all his positions, but again the email
was not answered.
The complainant then tried to contact the online customer service of the
platform for several times, and each time they offered a different
expected waiting period for complainant’s request, ranging from 1-3 days
to 10 working days. The complainant sent dozens of emails within four
working days, but none of them was answered.
In addition to this complainant, several investors also reported varying degrees of losses due to irregularities of OctaFX’s platform. According to WikiFX App, OctaFX is currently in valid regulation holding MM license issued by ASIC. However, despite a 7.0 rating on WikiFX App, OctaFX has been frequently complained by customer recently, and investors should be very careful in choosing this broker.WikiFX has recently received several exposure cases against OctaFX. If you have a similar experience with the broker, you can expose the broker to WikiFX and seek assistance for recovering the funds and defending your rights. It’s also recommended to withdraw your trading account balance in time to avoid further losses.
To date, WikiFX App has included more than 17,000 brokers profiles, while offering comprehensive features including Forums, Wiki Fair, and Exposure. Stay tuned for more exciting contents.
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