Octaprimaxtrade (Octaprimaxtrade.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Wayne Pennsylvania USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: octaprimaxtrade.com.
I signed up with Octaprimaxtrade (Octaprimaxtrade.com) through a financial advisor 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: Smooth onboarding|Good mobile app|Reliable uptime
Cons: Mobile app could be improved
I opened an account with Octaprimaxtrade (Octaprimaxtrade.com) for a few weeks now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Tax reports included|Responsive team|Risk management tools
Cons: Currency conversion fee exists|Help articles are sometimes vague
After since early this year with Octaprimaxtrade (Octaprimaxtrade.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Customizable dashboard|Fast support response
Cons: Alert system is basic|No live chat on mobile
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. Octaprimaxtrade (Octaprimaxtrade.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Tax reports included|Copy trading available|Social trading features
Cons: No live chat on mobile
Octaprimaxtrade (Octaprimaxtrade.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Multi-device support|Portfolio tracking tools
Cons: Desktop app not available on Linux
After since last summer with Octaprimaxtrade (Octaprimaxtrade.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Wide product range|Great customer service
Cons: Minimum deposit could be lower
I requested my data from Octaprimaxtrade (Octaprimaxtrade.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: High security standards|Multi-currency support|Customizable dashboard|Market news feed
Cons: Live chat only during business hours|Limited social trading features
I gave Octaprimaxtrade (Octaprimaxtrade.com) a fair chance. After since the beginning of the year 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: Customizable dashboard|Dedicated account manager
Cons: Spreads widen during volatile periods|Some tools only available on higher tiers
My withdrawal from Octaprimaxtrade (Octaprimaxtrade.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I retired last year of being strung along.
Pros: Stable platform|Two-factor authentication|Easy to use platform
Cons: Mobile app could be improved
The so-called education at Octaprimaxtrade (Octaprimaxtrade.com) 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: Quick verification|Risk management tools|Segregated accounts
Cons: Would like more payment methods|Limited social trading features