Forex Brokers

Octagonalis

1.5 (15 reviews)
🇳🇱 Netherlands
Visit Website
1.5
15 reviews
5
0
4
0
3
0
2
7
1
8

About Octagonalis

Octagonalis has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Octagonalis. This company is a suspected boiler room, a form of online investment fraud. Octagonalis has approached persons without being asked, to offer them investment proposals. A boiler roo... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.octagonalis1.com/.

Customer Reviews

Write a Review

All style no substance

K
Kevin T.
2 months ago

My card was charged twice by Octagonalis on the same day. I had to dispute it with my bank. Octagonalis then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Dividend tracking|Stable platform|Wide product range|Portfolio tracking tools

Cons: Account statements could be more detailed|Minor UI glitches occasionally

Listed in warning databases - be aware

A
Anna J.
2 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Flagged by international regulators|Due diligence required

Crypto only no stocks

K
Kevin V.
4 months ago

The so-called education at Octagonalis is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since mid-2025 thinking they would help me learn.

Pros: Demo account available|Tax reports included

Cons: Alert system is basic

Minimum withdrawal amount too high

T
Tiffany Y.
5 months ago

I gave Octagonalis a fair chance. After for about five months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: No hidden fees|Low minimum deposit|Dedicated account manager

Cons: Cannot customize dashboard fully|Wait times can be long during peak hours

Leverage too high for retail

S
Steven I.
7 months ago

Octagonalis had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Fast support response|Customizable dashboard|Economic calendar

Cons: Minimum deposit could be lower

A disaster from day one

J
John J.
7 months ago

I have been trying to close my account with Octagonalis for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Easy to use platform|Reliable uptime

Cons: Website design could be more modern

Withdrawal blocked indefinitely

S
Shannon G.
8 months ago

After using Octagonalis since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: No hidden fees|Clean UI

Cons: Limited demo account features|Desktop app not available on Linux

Duplicate charges on my card

D
Dean E.
8 months ago

I closed a profitable position at Octagonalis and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Good mobile app|Intuitive for beginners

Cons: No integrated tax optimization|No dark mode on mobile

Currency margin requirements unclear

R
Rachel I.
9 months ago

I signed up with Octagonalis after a family member had a good experience and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Fast support response|Segregated accounts|Market news feed|Two-factor authentication

Cons: Minimum deposit could be lower|No phone support on weekends

Commission structure changed retroactively

G
Grace V.
9 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Octagonalis said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Clear documentation|Full transparency|Easy withdrawals

Cons: Help articles are sometimes vague