Is Octa a Scam? Regulation Check 2026
We checked Octa's licence in the official FSCA register. Here is what the public records say.
Verdict
Octa is NOT a scam. It holds FSCA licence 49846, authorising it to offer trading services in South Africa.
How to verify on the official register
| Regulator | FSCA Financial Sector Conduct Authority (FSCA) |
| Licence Number | 49846 |
| Regulated Entity | Octa Markets SA Pty Ltd |
| Founded | 2011 |
What FSCA regulation means
FSCA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSCA directly.
What FSCA 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 FSCA if Octa fails to resolve your issue
- Octa submits to regular independent financial audits under FSCA oversight
Frequently Asked Questions
Is Octa a scam or legitimate?
Octa is NOT a scam. It holds FSCA licence number 49846. FSCA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSCA official register.
How do I check Octa's FSCA licence?
Go to the official FSCA website and use the public register search. Search for licence number 49846 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 FSCA-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 South Africa?
In South Africa, Octa operates under FSCA 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 FSCA.
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