It has been flagged or banned by regulators in , Malaysia , Spain , and the Philippines for providing services without proper local authorization.
In April 2024, Indian authorities conducted search and seizure operations at OctaFX offices due to illegal forex trading activities. OCTAFX INC | FCA octafx
: Its European subsidiary, Octa Markets Cyprus Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) . It has been flagged or banned by regulators