✔️ Information reviewed and updated in April 2024 by Eduardo López
IS TheOctopusfx-Trade RELIABLE? OPINIONS
CONTENT
- 1 IS TheOctopusfx-Trade RELIABLE? OPINIONS
- 2 ℹ️ BROKER DATA:
- 3 📞 LIST OF PHONE NUMBERS:
- 4 💰 DEPOSITS AND ACCOUNTS:
- 5 🌐 WEBSITE – WEBSITE:
- 6 ⭐ OPINION FROM TheOctopusfx-Trade:
- 7 💬 WHAT TO THINK OF A COMPANY LIKE TheOctopusfx-Trade?:
- 8 📣 LATEST UPDATES:
- 9 ✔️ CLAIM MONEY FROM TheOctopusfx-Trade:
- 10 🚨 REPORT TheOctopusfx-Trade:
- 11 ❓ FAQS – FREQUENTLY ASKED QUESTIONS:
In this post I will analyze TheOctopusfx-Trade. Is it the broker for forex, cryptocurrencies, indices, stocks, energy and raw materials TheOctopusfx-Trade (with website octopusfx-t.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think TheOctopusfx-Trade is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
| Information | About the company |
|---|---|
| (I.e. Company | Not mentioned |
| ???? Direction | Mention being located in UK |
| 📄 Registration | Not mentioned |
| 🛡️ Regulapain | Not mentioned |
| ️ ️ Phone | +44 7466045215 |
| [email protected] | |
| 🌐 Website | octopusfx-t.com |
| ???? Live Chat | Yes |
| 💳 Payment methods | Not mentioned |
| ❓ Company type | forex, cryptocurrencies, indices, stocks, energy and raw materials broker |
📞 LIST OF PHONE NUMBERS:
+44 7466045215
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of plans/accounts that TheOctopusfx-Trade offers; They are divided into 3 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.
| TYPE OF plans/accounts | MINIMUM INITIAL DEPOSIT |
|---|---|
| STARTER ACCOUNT | €500 |
| CLASSIC ACCOUNT | €5,000 |
| PLATINUM | €10,000 |
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “octopusfx-t.com” was registered on January 25, 2024. That is, it is a website that is not very old. 🚩
- The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩
⭐ OPINION FROM TheOctopusfx-Trade:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in the UK, but I think they are trying to mislead about their location. I recommend extreme caution.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “octopusfx-t.com” was registered on January 25, 2024. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company mentions generating a large percentage of profitability, which is so good and exaggerated, that I think it is false.
6) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.
“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE TheOctopusfx-Trade?:
OctopusFX-t.com is an investment broker that presents several important red flags for potential investors. Despite claiming to be located in the United Kingdom, information regarding its location appears to be false, raising serious questions about its credibility and transparency. Furthermore, there is no evidence that OctopusFX-t.com is regulated by any financial authority, which increases the risk for investors. The lack of regulation leaves investors unprotected and exposed to possible fraudulent activities by the broker.
An additional factor to consider is negative comments from dissatisfied customers, which suggest that OctopusFX-t.com does not meet its customers' expectations and may be involved in questionable financial practices. Furthermore, if the broker promises high returns to its investors, it is important to be cautious, as such promises are often indicative of scam schemes designed to lure unsuspecting investors and scam them. It is important to remember that OctopusFX-t.com is a broker and not an investment platform, so investors should be aware of the risks associated with this type of financial intermediaries.
In conclusion, the false UK location, lack of regulation, negative customer feedback, and possible promises of high returns are clear signs that OctopusFX-t.com may be an extremely risky investment option. Furthermore, the complaint issued by the UK Financial Authority (FCA) against OctopusFX-t.com reinforces concerns about the legitimacy of this platform. Investors are strongly recommended to avoid this broker and look for safer and more reliable alternatives to protect their funds and avoid falling into potential financial frauds.
📣 LATEST UPDATES:
1) Update April 2024: la FCA, Financial Authority of the United Kingdom, has reported TheOctopusfx-Trade.
✔️ CLAIM MONEY FROM TheOctopusfx-Trade:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT TheOctopusfx-Trade:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
TheOctopusfx-Trade is an investment broker in a wide range of investment services including forex, cryptocurrencies, indices, stocks, energy and commodities.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
TheOctopusfx-Trade is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
This company is a scam. They don't care about everything, they just want to rob you and they don't give you your money back, don't do it, listen to me.
Hello Álvaro, TheOctopusfx-Trade is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.