Still no response from @OctaFX Rep
I think they just have nothing to answer. Just scam broker.Still no response from @OctaFX Rep
I used manual trading and my orders lived in the market from 5 minutes to several hours a long time and some trades over a day. so according to in your view, all profit makers are bad traders, for scamming people for not giving their profit you using useless points. Stop cheating people.Dear ganthiraj,
We regret that you feel you needed to share your feedback with us twice.
As mentioned in our other reply, after investigating your case with our team, we concluded that your account was deemed in breach of our Customer Agreement, clause 4.8, for using arbitrage trading and suspended in compliance with our policies. We wish to remind you that such strategies as arbitrage are not allowed at OctaFX, and it's the primary reason your account was disabled.
By taking this chance, we wish to duplicate this clause from our Customer Agreement for our FPA community: "Using arbitrage strategies on linked markets (e.g. currency futures and spot currencies) is prohibited. In case the Client uses arbitrage in either clear or hidden way, the Company reserves a right to cancel such orders."
Also, we want to list the arbitrage trading indicators that our Analitycs team detected in your account:
We genuinely hope that our reply clarifies your message, but if you have further questions, please get in touch with us at support@octafx.com.
- High frequency of short duration orders. Even though your orders are not short, the net position you are making while reopening your orders usually does not last more than several seconds, indicating an arbitrage strategy;
- High profit as a result of low orders' duration;
- Reopening orders only shortly before strong market movements and ignoring weaker market movements;
- Non-randomness of opening high-frequency orders on solid market movements.
Kind regards,
OctaFX Rep.
I've seen a lot of cases, this case clearly looks like a burglar in broad daylight. I am now showing this case in many other English-speaking community of traders...everyone's hair stands on end from such a brazen deception.Dear ganthiraj,
We regret that you feel you needed to share your feedback with us twice.
As mentioned in our other reply, after investigating your case with our team, we concluded that your account was deemed in breach of our Customer Agreement, clause 4.8, for using arbitrage trading and suspended in compliance with our policies. We wish to remind you that such strategies as arbitrage are not allowed at OctaFX, and it's the primary reason your account was disabled.
By taking this chance, we wish to duplicate this clause from our Customer Agreement for our FPA community: "Using arbitrage strategies on linked markets (e.g. currency futures and spot currencies) is prohibited. In case the Client uses arbitrage in either clear or hidden way, the Company reserves a right to cancel such orders."
Also, we want to list the arbitrage trading indicators that our Analitycs team detected in your account:
We genuinely hope that our reply clarifies your message, but if you have further questions, please get in touch with us at support@octafx.com.
- High frequency of short duration orders. Even though your orders are not short, the net position you are making while reopening your orders usually does not last more than several seconds, indicating an arbitrage strategy;
- High profit as a result of low orders' duration;
- Reopening orders only shortly before strong market movements and ignoring weaker market movements;
- Non-randomness of opening high-frequency orders on solid market movements.
Kind regards,
OctaFX Rep.
Hello.You can also ask to GASO for help in solving your problem with scam OctaFx.I used manual trading and my orders lived in the market from 5 minutes to several hours a long time and some trades over a day. so according to in your view, all profit makers are bad traders, for scamming people for not giving their profit you using useless points. Stop cheating people.
arbitrage so bias, this is your good weapon ?Dear ganthiraj,
We regret that you feel you needed to share your feedback with us twice.
As mentioned in our other reply, after investigating your case with our team, we concluded that your account was deemed in breach of our Customer Agreement, clause 4.8, for using arbitrage trading and suspended in compliance with our policies. We wish to remind you that such strategies as arbitrage are not allowed at OctaFX, and it's the primary reason your account was disabled.
By taking this chance, we wish to duplicate this clause from our Customer Agreement for our FPA community: "Using arbitrage strategies on linked markets (e.g. currency futures and spot currencies) is prohibited. In case the Client uses arbitrage in either clear or hidden way, the Company reserves a right to cancel such orders."
Also, we want to list the arbitrage trading indicators that our Analitycs team detected in your account:
We genuinely hope that our reply clarifies your message, but if you have further questions, please get in touch with us at support@octafx.com.
- High frequency of short duration orders. Even though your orders are not short, the net position you are making while reopening your orders usually does not last more than several seconds, indicating an arbitrage strategy;
- High profit as a result of low orders' duration;
- Reopening orders only shortly before strong market movements and ignoring weaker market movements;
- Non-randomness of opening high-frequency orders on solid market movements.
Kind regards,
OctaFX Rep.
arbitrage so bias, this is your good weapon ?Dear ganthiraj,
We regret that you feel you needed to share your feedback with us twice.
As mentioned in our other reply, after investigating your case with our team, we concluded that your account was deemed in breach of our Customer Agreement, clause 4.8, for using arbitrage trading and suspended in compliance with our policies. We wish to remind you that such strategies as arbitrage are not allowed at OctaFX, and it's the primary reason your account was disabled.
By taking this chance, we wish to duplicate this clause from our Customer Agreement for our FPA community: "Using arbitrage strategies on linked markets (e.g. currency futures and spot currencies) is prohibited. In case the Client uses arbitrage in either clear or hidden way, the Company reserves a right to cancel such orders."
Also, we want to list the arbitrage trading indicators that our Analitycs team detected in your account:
We genuinely hope that our reply clarifies your message, but if you have further questions, please get in touch with us at support@octafx.com.
- High frequency of short duration orders. Even though your orders are not short, the net position you are making while reopening your orders usually does not last more than several seconds, indicating an arbitrage strategy;
- High profit as a result of low orders' duration;
- Reopening orders only shortly before strong market movements and ignoring weaker market movements;
- Non-randomness of opening high-frequency orders on solid market movements.
Kind regards,
OctaFX Rep.
this broker must be stamp "Scam" from FPA authority...Just because Octa participation Ad in this site, they still safe from stamp?arbitrage so bias, this is your good weapon ?
lose no arbitrage, win arbitrage..
money hard to earn in this industry..
why u can just pay the profits and banned him from your house? so weak..so weak
this broker must be stamp "Scam" from FPA authority...Just because Octa participation Ad in this site, they still safe from stamp?
I respesct what FPA do in 2008 with instaforex stamp "scam" although they sponsor too in this forum.
So many complaint with proof for this octa broker and now still not Stamp?