Scams Online Team wants to alert traders about possible Octavus Trade scam. Read a complete Octavus Trade Review to know more about this broker.
Broker Website – http://octavus.trade/
Address – New Zealand
Warned By – Financial Markets Authority (New Zealand)
Scams are everywhere. Scams Online’s aim is to protect online traders from scam brokers. Through Octavus Trade Review we wish to alarm the traders about the possible issues related to this scam broker. Read the detailed Octavus Trade review below and keep your hard-earned money safe from these types of scam brokers.
Scams Online Scam Detector for Octavus Trade broker
Scams Online analyzed the website of Octavus Trade, and we found many possible scam features present on their website. There is no concrete proof that Octavus Trade is regulated by any reputed regulatory body like FCA UK, ASIC Australia, CySec, Finma, Consob Italy, or any other.
Another major red flag is the absence of important information on their website. The absence of critical information required to know the identity of broker on the website is an indication that the broker does not want to show those to the traders and thus sign of a potential scam.
All the Attractive offers on the website are misleading, and they are meant only to commit scams by victimizing innocent traders who are entrapped by false promises.
How Octavus Trade scam is done?
Unregulated Scam brokers whether Forex scam broker, Crypto scam broker, or any another find it very easy to scam traders. There is no regulation from a controlling authority. Free Bonus offers, minimum initial deposit, and attractive returns which are far away from the normal are their tools. For example, you will be offered more than 100% profits in a month or something too good to be true. The team members will try everything to get an attractive deposit from innocent traders, and once the deposit is made, they can run away with it. Octavus Trade exhibits these features as a sign of scam.
Octavus Trade Review: Withdrawal issues
A number of traders have reported withdrawal issues when withdrawing funds from a Octavus Trade account. If you are already trading with Octavus Trade Limited, you should immediately withdraw your funds by submitting a withdrawal request. Your funds can not be safe with scam brokers like Octavus Trade. They might have asked you to sign some agreement which authorizes them to do anything they want to do.
Negative Octavus Trade Reviews
You can find negative Octavus reviews on popular online review websites like Forex Peace Army, Scams Online, and others. Scams Online have made extensive research work on Octavus Trade reviews before concluding the fact that Octavus.trade is a scam broker. There are hundreds of dissatisfied customers who have reported Octavus Trade scams in review websites like Trustpilot and others. These online reviews are from real people although the positive ratings might have been added by Octavus Trade Limited with the help of some fake reviews done through any automated network. Negative reviews are big Red flags and traders should avoid trading with brokers having negative reviews.
Is Octavus Trade Legit? Octavus Trade Review Conclusion
On compilation of all the facts provided above, it can easily be concluded that the Octavus Trade broker is a scam broker. Traders who have not invested in Octavus.trade assets should be warned about the possible scams done by this broker thus asking them to keep their money safe. Instead, invest in some genuine and profitable assets from genuine brokers.
Scams Online has made fund recovery completely possible from scam brokers through a legal process that has helped victims of scam brokers in getting back millions of dollars from scams. They have fund recovery experts who are legal lawyers and experts and who have already won hundreds of scam recovery cases.
If you are a victim of the Octavus Trade broker scam, you can get your funds back by reporting us. All you need to do is file a complaint against the broker here through our online complaint form. Our experts will contact you and provide a free consultation. We want to make you believe that fund recovery from scammers is possible and can be done in the most genuine way. We have more than 10 years of expertise in fund recovery from scam brokers and frauds.
We hope this Octavus Trade review helped you. Also, read our other expert reviews about scam brokers and keep your funds safe from scammers.