4evermaat
2nd Lieutenant
- Messages
- 2,702
@Octafixmaster if you have some more time, can you please re-upload your evidence, but use a laptop to gather the evidence?
Please try to select the correct prefix when making a new thread in this folder.
Discuss is for general discussions of a financial company or issues related to companies.
Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"
Compare is for things like "Which of these 2 (or more) companies is best?"
Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"
Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.
More info coming soon.
Thanks alot you come for me here thanks again GOD give u more tayyab Iqbal thanks again I never forget your this act of kindness thanks againHi,
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 .
@OctaFX Rep Your words here?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 .
I want to clarify for the FPA community that I never accepted the claim that arbitrage took place.And, with all due respect, you knew and accepted the fact that you engaged in arbitrage trading over ten months ago. You acknowledged that the profits you earned were not for you to enjoy since you abused our company's terms and conditions.
...I am upliner of both tayyub iqbal ( posted earlier ) and muhammad siddique Abbasi, now according to tayyub iqbal he has withdarwan all his trading profit so muhammad has the rights to withdraw his profit which is still not paid to him.
How many of you were affected that day or that week (approximately 08 May 2019)?
Did those affected eventually get paid?
Are you aware of anyone else in your "downline" or other octafx client that did not get paid?