Is Octa a Scam? Regulation Check 2026
We ran Octa through the kitchen inspection, looking up its licence in the official FSCA register. Here is what the paperwork says.
Verdict
Octa is NOT a scam. It cooks under FSCA licence 49846, which clears it to serve trading 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 the FSCA seal buys you
A FSCA-regulated kitchen has to keep client money in its own segregated pot, offer negative balance protection, and open its books to independent audits. If something goes wrong, you can take your complaint straight to FSCA.
What the FSCA seal puts on your plate
- Your money kept in a segregated pot, walled off from Octa's own capital
- Negative balance protection, so you can never lose more than you put on the table
- A direct line to FSCA for complaints if Octa will not put things right
- Regular independent audits of Octa's books under FSCA oversight
Frequently Asked Questions
Is Octa a scam or legitimate?
Octa is NOT a scam. It is authorised by FSCA, one of the most respected inspectors in the business, and the authorisation is publicly verifiable on the official FSCA register.
How do I check Octa's FSCA licence?
Open the official FSCA website and use the public register search. Search the entity name; the entry will confirm Octa's authorisation status and exactly what it is cleared to serve.
Are my funds safe with Octa?
As a FSCA-regulated kitchen, Octa must keep every client's money in its own segregated pot, walled off from the firm's own funds. That shields your deposit even if Octa runs into trouble.
What protection do I have as a Octa client in South Africa?
In South Africa, Octa sits under FSCA supervision, so you get: segregated client money, negative balance protection (you can never lose more than is on the table), and the right to take a complaint straight to FSCA.
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