Octafx eat my 22000$+ trading profits

Muhammad siddique

Private, 1st Class
Messages
51
Plzz all people participate in this case and solve my issue plzz 22000$+ my hard work and they eat 22000$( without any proof . Explained each my trade here or return back my 22000$+ plzz don't eat my hard work I want a solution and need u people help
 

4evermaat

2nd Lieutenant
Messages
1,814
Dear Muhammad Siddique,

First of all, you fully acknowledged and accepted our decision when this whole situation occurred over 10 months ago.
.........
Do you have a copy of this OctaFx? A screenshot or something like that. Maybe the trading record is deleted, but you would have this resolution and the response from the OP that you speak of.

Plzz all people participate in this case and solve my issue plzz 22000$+ my hard work and they eat 22000$( without any proof . Explained each my trade here or return back my 22000$+ plzz don't eat my hard work I want a solution and need u people help
The trading record would be nice. Perhaps we can get a general idea of the record. Can you explain:
How many total trades you made (approximately)
how long each trade was held (the time you close trade - time you open trade). The average time.
How many hours/days you traded for?

Were you able to withdrawal whatever OctaFx had left after they changed the record? (I assume the original deposits +/- profits made outside of the error period.)
 

Muhammad siddique

Private, 1st Class
Messages
51
Sir I traded more than 191 lot a day and my majority trade 1 lot each trade I normally open 1 to 10 mint time each trade I trade only 1 day after that Octafx disabled my account and deleted all profit I try to withdraw through my bank but Octafx said withdraw through ur ib. I have experience in forex I will again upload my old performance for u people get idea it's my experience I earn 20000$+ a day I earn many time but only Octafx eat other broker never complained about profit
 

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FxMaster

Lt. Colonel
Messages
8,826
The basic questions to OP and rep.

@Muhammad siddique, Why you raised your issue after almost 1 year?
Where were you in past one year?
As @OctaFX Rep claimed that you already acknowledged and accepted decision then why you raised it again?

@OctaFX Rep, I am still waiting for the answer to my previous question regarding threatening.
Are you able to share the acknowledged email?
 

Muhammad siddique

Private, 1st Class
Messages
51
Why you raised your issue after almost 1 year?
Where were you in past one year?
Sir when Octafx delete my 22000$+ profit on 5/15/2019 than I go to live chat and I tell where is my 22000$+ profit Octafx representative said sir in ur account only 2000$ u never trade in this account due to octafx IT team deleted my all history than 90+ people same issue like me server real 2 issue I thought not only me this happened all other people also face this . But 15 days ago I meet tayyab Iqbal and other his copier they happy and inform me they all received trading profit and 43000$+ commission same alligations Octafx blame on all people like me but they allow all other people to withdraw all profit so that is why I contact Octafx ist time after this happened . I said rules same for all one side u people allow trader's to withdraw all profit other side they eat my 22000$+ rules same for all . That y I am here for justice other all people received profit and Octafx accepted that other people all profit and commission is generated through aribetrage but Octafx allowed to withdraw as a Goodwill Goodwill implement for all not for selected people that is why I am here for my 22000$+ profit deleted by octafx assuming the aribetrage but fact is I am experienced trader I work with experience 20000$+ a day profit normal thing for me I repeat many time.
 

FxMaster

Lt. Colonel
Messages
8,826
Sir when Octafx delete my 22000$+ profit on 5/15/2019 than I go to live chat and I tell where is my 22000$+ profit Octafx representative said sir in ur account only 2000$ u never trade in this account due to octafx IT team deleted my all history than 90+ people same issue like me server real 2 issue I thought not only me this happened all other people also face this . But 15 days ago I meet tayyab Iqbal and other his copier they happy and inform me they all received trading profit and 43000$+ commission same alligations Octafx blame on all people like me but they allow all other people to withdraw all profit so that is why I contact Octafx ist time after this happened . I said rules same for all one side u people allow trader's to withdraw all profit other side they eat my 22000$+ rules same for all . That y I am here for justice other all people received profit and Octafx accepted that other people all profit and commission is generated through aribetrage but Octafx allowed to withdraw as a Goodwill Goodwill implement for all not for selected people that is why I am here for my 22000$+ profit deleted by octafx assuming the aribetrage but fact is I am experienced trader I work with experience 20000$+ a day profit normal thing for me I repeat many time.
Can you please ask them to join the FPA and post in this thread regarding the funds they received?
 

Muhammad siddique

Private, 1st Class
Messages
51
As @OctaFX Rep claimed that you already acknowledged and accepted decision then why you raised it again?
Sir I not aware they allow people to withdraw all profit if I am aware I come before few days ago I know Truth that is why I contact Octafx and forexpeacearmy kindly solve my issue and help me plzzz if Octafx have any proof they inform me 22000$+ profit case than they show email when they inform me
 

OctaFX Rep

octafx.com Representative
Messages
156
Do you have a copy of this OctaFx? A screenshot or something like that. Maybe the trading record is deleted, but you would have this resolution and the response from the OP that you speak of.



The trading record would be nice. Perhaps we can get a general idea of the record. Can you explain:
How many total trades you made (approximately)
how long each trade was held (the time you close trade - time you open trade). The average time.
How many hours/days you traded for?

Were you able to withdrawal whatever OctaFx had left after they changed the record? (I assume the original deposits +/- profits made outside of the error period.)
Dear all,

There is nothing we can produce in regards to this case, as it was deemed closed almost one year ago. Nevertheless, our team is trying to see if there’s any way in which we could retrieve the data, but it is very unlikely. And once again, the lack of a complaint e-mail from Mr. Siddique when the issue occurred is deemed an acceptance of the way in which the issue was dealt with. We cannot simply hold all the data, just in case a trader decides to change his mind after extensive amount of time had passed.

And, the fact is that Mr. Siddique isn’t able to present any valid evidence neither. The only evidence he refers to is that of his copy trading master, who happens to use the same IP address as him. Given the proximity, we cannot treat it with any validity, as we believe that the master Mr.Siddique is referring to is in fact, himself.

Therefore, at this point, there is no way in which we can resolve this case with the assistance of the FPA community. Regrettably, the only evidence that could stand against Mr. Siddique’s claims are our communications with him, which we cannot disclose due to our Privacy Policy. Finally, regardless of all the above, our Customer Agreement clearly specifies that a trader has one month to file a complaint in order to exercise his rights, which Mr. Siddique waved.

Also, to address the later question of 4evermaat to the creator of the thread, he never had any issues with withdrawing funds from OctaFX expect for one time. That is when his account was under investigation.

Kind regards,
OctaFX Rep.
 

Muhammad siddique

Private, 1st Class
Messages
51
Can you please ask them to join the FPA and post in this thread regarding the funds they received?
Ok sir I will try to invite people who received profit and commission during servers 2 issue I will invite tayyab Iqbal who received all trading profit and 43000$+ master commission received and withdraw alligations same aribetrage trading but rules not same for all one side they allowed other people to withdraw profit through aribetrage stragy according to octafx alligations and other side they eat my 22000$+ profit rules always same for all .
 

Octafixmaster

Recruit
Messages
4
Hi,

My name is tayyab Iqbal i remain trader in octa fx my trading id is 4000070 (meta trader id ) i have invested 5.30 USD on 29th April 2019 after trading i got profit to 3797.94 USD. On 9 May 2019 octa fx server real 2 was showing problem and after that octa fx disable all real 2 server account, at the start of incident octa fx repersentative said problem will be resolve with in few days . After a week problem on octa side resolved and their support team repersentative said that you can withdraw the trading profit ( account history is attached) but thay closed my trading account (4000070) for future trading and its still closed moreover i am still a leading top rank in master trading octa if octa opened my account i still be the top spot but octa is continusaly refusing to open my account.
At the same day octa release all profit of all copier friends

Thanks for this favour octa.

And one thing more on 8 july 2019 i have recieved commission on octa fx 43419.81 USD against my master commission

Octa fx I will attached all documents related to trading profit and withdrawal. But i am here becouse my friend muhammad siddique abbasi called me for help he has same case during that octa server issue we all recieved our trading profit except Mr muhammad siddique abbasi he is a great trader i know he him for last few years he invested 2000 USD and got 22000 USD but he is still waiting for his profit. I met him last month and he said that octa has not pay his profit i was so disoppointed becouse that 22000 USD if brocker is doing like that it could be a great concern for all of fx trader.
Sam (OctaFX)

May 21, 17:50 EEST

Dear Tayyab Iqbal,

I hope you understand since you were explained multiple times already that you have used arbitrage strategy, which is strictly prohibited at OctaFX.

As per our Customer Agreement:

"4.8. 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."

This gives us a right to annul your copy trading commission since all the positions that have been copied by your copier are also considered as arbitrage.
We simply cannot allow you to receive a master commission on positions that were copied using forbidden strategy.

This decision is final and cannot be reconsidered.
You violated our trading rules and now we act in full compliance with the Customer Agreement.

Best regards,

Sam
Trade Compliance Department. Octafx refuse to give any profit but after few days octa paid all my profit .
 

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