FCA Warns on Complex ETP Sales Practices
UK FCA urges firms to tighten complex ETP sales, citing rising retail demand and risks tied to leverage and social media promotions.
Original
Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Financial Commission Issues Warning Against Octave Trade
Abstract：The Financial Commission has been notified by concerned traders regarding the company Octave Trade (OctaveTrade Limited) and its associated website.
The Financial Commission has been notified by concerned traders regarding the company Octave Trade (OctaveTrade Limited) and its associated website.
Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors.
As such, the Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps. Given this information, Octave Trade (OctaveTrade Limited) will be placed on the Financial Commission's Warning List.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Long Short Slippage Leverage Indicator Quoted currency Roll-Over US Non-farm Payrolls Broker Clearing Commission Currency Pair Dealer Future Inflation Arbitrage Spot Market Spot Price Contract Interest Net Position Devaluation BOE PBOC Volume Liquidity Margin knowledge Learn basic forex Forex trading Forex margin Forex Chart Forex indicator support and resistance Forex Broker Forex strategy Forex Currency pair Forex Analysis Forex news leverage in forex forex pips Basic forex knowledge forex market forex beginners FSCA monetary policy mortgage-backed securities interest rates inflationary Non-farm payrolls Ramadan Stock Scam Alert Fraud Alert Cryptocurrency Blockchain Bitcoin Ethereum CFDs indices commodities demo accounts MT4 MT5 cTrader WebTrader
Read more
Is TradingMoon Regulation Strict or Light-Touch?
TradingMoon operates under offshore regulation by Seychelles FSA. License SD042 covers forex and derivatives trading.
Original
Is DBInvesting Regulation Safe for Traders?
DBInvesting regulation is offshore under Seychelles FSA, offering oversight but limited protection, with reported withdrawal risks for traders.
Original
One Message, RM600K Gone: WhatsApp Investment Scam Exposed
A 71-year-old property consultant in Pahang lost RM622,161 after being tricked by a fake investment scheme promising 50% profits via WhatsApp.
Original
WikiFX Broker
Latest News
Situation In Venezuela Adds To Dollar Uncertainty
WikiFXEURUSD Fails to Make New Highs
WikiFXTP ICAP Expands Global Reach with Acquisition of Vantage Capital Markets
WikiFXRM2.95 Million Gone: Terengganu Director Falls for ‘High-Return’ Scam
WikiFXTrade War Crossroads: Supreme Court Ruling and Tariff Maze Threaten Economic Stability
WikiFXDollar Reigns Supreme: Economic Resilience Eclipses Political Noise Ahead of
WikiFXDollar Dives and Metals Surge: Powell Investigation Sparks Institutional Crisis
WikiFXThe 'Just-in-Case' Era: Strategic Hoarding Ignites Commodity Supercycle
WikiFXSilver Markets Face 'Liquidity Squeeze' Risk, Warns Goldman Sachs
WikiFXTop Forex Brokers Offering Free Demo Accounts
WikiFXCurrency Calculator
USD
CNY
Current Rate:0
Amount
USD
Available
CNY
Calculate