Hi! Thanks for your question, it's important indeed. Octa is an international brokerage, and we have welcomed clients from all over the globe since 2011. The Forex market itself is decentralised. So focusing on local regulations would restrict the advantages of trading conditions that global brokers like us wish to offer. On the contrary, we offer traders more freedom and flexibility in their trading and vast educational materials.

Nevertheless, we realise that regulation is a crucial point for our traders. At the moment we are regulated by MISA, Comoros Island and comply with all international anti-money laundering and trading security policies.

I mean, you can check out their website or reviews of OctaFx India to see for yourself. OctaFx's platform has been around for yearss. Their really deep when it comes to research, which is great for transparence. Every day, I see updates, new trends, more. Maybe you could blame them for the fact that they don't offer a ton of educational material for new users, but in my opinion, that's is a small thing.

I doubt that a platform like OctaFx around since 2011 is a scam. Regarding legal in India, its not like they hide in the dark web. OctaFx reviews didn't give me a very clear image of the company, by the way. I kept expecting some hidden fees or charges but I haven't seen anything like that. On their website, they say that they don't have commission fees and, for me, that's been the case. I think if the trading is cheap it only helps me make more money.

So I don't know all the ins and outs of how OctaFx India works, but it's definitely legit. Reading your question got me wondering for myself, and apparently they're regulated by Tier-1 and Tier-2 jurisdiction, which is a kind of regulatory thing that monitors trading platforms and keeps them in check. At any rate, my experience has been great.