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AC-508949
Octavus Trade
⚠ Flagged on the register · High risk
We checked Octavus Trade against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
⚑ On a regulator warning list
Named in relation to FMA (New Zealand)
What we found
On 15 Sep 2022, the New Zealand Financial Markets Authority (NZ FMA) issued a warning that Octavus Trade may be operating a scam. The entity does not hold a Derivative Issuer License and is not a registered financial service provider in New Zealand or licensed by the FMA. As such, it is not permitted to offer derivative trading services to New Zealand retail customers. You may visit
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Octavus Trade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.