Is Octa a Scam? Regulation Check 2026
We checked Octa's licence in the official FSA register. Here is what the public records say.
Verdict
Octa is NOT a scam. It holds FSA licence SD035, authorising it to offer trading services in Ghana.
How to verify on the official register
| Regulator | FSA FSA Seychelles Financial Services Authority (FSA) |
| Licence Number | SD035 |
| Regulated Entity | Octa Markets Inc |
| Founded | 2011 |
What FSA regulation means
FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.
What FSA regulation means for your money
- Client funds held in segregated bank accounts, separate from Octa's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSA if Octa fails to resolve your issue
- Octa submits to regular independent financial audits under FSA oversight
Frequently Asked Questions
Is Octa a scam or legitimate?
Octa is NOT a scam. It holds FSA licence number SD035. FSA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSA official register.
How do I check Octa's FSA licence?
Go to the official FSA website and use the public register search. Search for licence number SD035 or the entity name. The record will confirm Octa's authorisation status and the scope of its permissions.
Are my funds safe with Octa?
As an FSA-regulated broker, Octa must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Octa encounters financial difficulties.
What protection do I have as a Octa client in Ghana?
In Ghana, Octa operates under FSA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSA.
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