Octagon Trade Review – Scam Broker
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Is Octagon Trade scam broker?
OctagonTrade is a forex and CFD broker that offers to trade in commodities, indices, stocks, and cryptocurrencies. The website of OctagonTrade does not feature any details about the company behind the brokerage firm. There is no company name found anywhere on the website, neither an address nor any contact number. Even, there isn’t an email provided. OctagonTrade provides some oversimplified web-based platform for trading which doesn’t appear reliable or trustworthy. The broker provides traders a spread of 0.5 – 0.6 pips on Euro or USD which would be perfect if the broker was
regulated. The leverage offered by the OctagonTrade broker is as high as 1:400, whereas the minimum deposit required is 200 dollars.
The broker OctagonTrade has nothing legit about itself, as the broker is anonymous and doesn’t hold any license from any financial regulatory whatsoever. OctagonTrade is an anonymous broker which is not even regulated. Trusting such kind of broker is nothing but mere risk. The choice of the broker to hide its identity reflects that it has evil intentions towards the money of the traders. Such firms can close their business anytime and run
away with your hard-earned money. Hence, it would not be a good decision to invest with this broker.
Many people have reported that they had trouble dealing with Octagon Trade . If you had a bad experience or feel that you Have you been scammed by the broker Octagon Trade and lost your money to them you can report then as a fraud broker? Your chance to get a refund can be high if you fit the criteria. A number of unregulated brokers such as Octagon Trade have been reported to us and we do our very best to provide you with the right solution. Broker Dispute helps victims of scam brokers to fight back and get their lost money back from fraud brokers.
To start your process if your fund recovery please Click ‘File a complaint’ button above to take your first step towards recovering your lost money to Octagon Trade fraud broker or fill the complaint form above..
Based on our experience we do not recommend to trade with Octagon Trade since this broker has been suspected as a scam broker. Our team of experts at Broker Dispute will help you resolve your case and solve your fund recovery via the right solution for you. If you still have funds with the broker please ask to withdraw your funds if you are currently trading with them. Check the following listed activities of a scam broker. If you believe that you have experienced any of these activities contact us today as chances are you have been scammed by Octagon Trade.
Signs You Have Been Scammed:
• The broker blocked your trading account
• The broker froze your trading account all of a sudden
• Funds have been deducted or taken from your account without your knowledge
• The broker’s website I no longer online or is blocked from your location or IP
• You call the broker via phone and no one answers your calls or keep you on hold forever
• The broker asked you to activated an online sharing screen and steals money from your account
• The broker repeatedly asks you to deposit more money with guaranteed unbelievably high returns
• The brokers ask you to pay via bitcoin and you never hear from them again
• The broker contacts you via social media out of the bloom
• The broker address location is not a real office
• The broker has bad reviews about them online
• The broker asks you to pay a high tax to withdraw your money
• The broker is shown on financial regulators websites with a trading warning.
• The broker promises you you will make 1000% on your deposit.
A scam can be done when a broker takes your money through unfair means and therefore there can be many more ways to scam innocent traders. Do not give up if you were scammed by Octagon Trade. We will help you to get your lost amount refunded. Please fill the form after you click the ‘File a complaint’ button above and our experts will contact you and help you to start the process of your fund recovery.