ED says the platform used complex process with dummy e-commerce sites, shell companies & cryptocurrencies to defraud ...

Continuing on its spree of crackdown, the enforcement directorate (ED) has now frozen assets INR 21.14 Cr belonging to online forex trading app OctaFX. This comes after agency sleuths raided ...

OctaFX, reportedly the lead sponsor of the Delhi ... By channeling betting money through customers’ accounts via forex trading, and moving it through multiple financial layers, the illicit ...

Fake Transactions and False Performance:-OctaFX and other forex Companies may also engage in showing fake transactions and false performance metrics in customer accounts. This technique creates a ...

OctaFX, reportedly the lead sponsor of the Delhi ... By channeling betting money through customers’ accounts via forex trading, and moving it through multiple financial layers, the illicit ...

Thanks to absurdly high leverage of 1:100 or even 1:500 offered on the Octafx app, indicating the ratio of the margin money chipped in by traders and the extent of borrowed funds, panicked traders ...