This broker is thife don't trust them , Firstly thay frizz your withdraw, when your try to withdraw your money they will blocked your id , last 7 day ago thay stolen my 595 usd , also thay are blocke... Toon meer

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I’ve been using this platform since it was OctaFX, and the transition to Elev 8 has been seamless. The interface remains user-friendly, and the execution speeds are as reliable as ever. It’s great to... Toon meer
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I want to share my experience with Elev8. At first there were some delays during the account review, but in the end the process was completed and my withdrawal was successfully processed. I appreci... Toon meer
Bedrijf heeft geantwoord
Trading's smooth, platform's solid, and support's great! Withdrawals are a breeze as long as you use the same bank account as your deposit 💸. Just make sure you're verified before depositing and you'... Toon meer
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Bedrijfsgegevens
Info over Elev8
Geschreven door het bedrijf
Elev8 integrates the entire trading experience into an all-in-one ecosystem that offers trading insights, powerful analytical and educational tools, integrated AI solutions, and responsive customer support.
Elev8 ecosystem's key features:
- Elev8Trader—the trading hub that provides access to all markets, accounts, and services—all in one place. Elev8Trader allows traders to manage their finances, open and close positions with a single click, and tap into all the resources of the Elev8 ecosystem.
- Space—a powerful toolkit within the Elev8Trader platform that enables decision validation and helps traders develop market expertise. Daily trading insights, expert analytics, educational resources, and networking.
- Elev8 Rewards—a status program that allows clients to gain reward points for various activities within the ecosystem. Reward points can be exchanged for prizes, trading bonuses, or privileges.
Write to us: support@elev8.com
Contactgegevens
Mauritius
- support@elev8.com
- elev8.com
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This broker is thife don't trust them
This broker is thife don't trust them , Firstly thay frizz your withdraw, when your try to withdraw your money they will blocked your id , last 7 day ago thay stolen my 595 usd , also thay are blocked my email aslo.
USD 19,885 confiscated by Octa/Elev8/Finexis Markets Ltd
Elev8 blocked my account (MT5 44838188) on 15 April 2026 and confiscated USD 19,885 under an unsubstantiated latency arbitrage accusation. My trading history — 98 transactions, 57% loss rate, 52% maximum drawdown — makes that claim objectively implausible. No arbitrageur loses 57% of their trades.
But the real issue is not the accusation. It is the regulatory structure behind it.
— THE REGULATOR UNDER WHICH MY FUNDS WERE ACCEPTED AND CONFISCATED HAS NO LEGAL STANDING —
At the time my funds were accepted and confiscated, Elev8 / Finexis Markets Ltd operated under a Comoros MISA licence (T2023320) — an authority the Banque Centrale des Comores has officially declared to have no legal standing as a financial regulator. This is false on three levels:
1. MISA — the Mwali International Services Authority — is not a recognised financial regulator. The Banque Centrale des Comores, the sole legitimate monetary authority of the Union of the Comoros, published an official communiqué in December 2025 explicitly stating that entities claiming regulatory authority linked to the Comoros without BCC authorisation are operating without any legal basis. MISA is one such entity.
Source: official communiqué published by the Banque Centrale des Comores on 8 December 2025, available on their official website at banque-comores.km
2. Licence T2023320 is not even registered to Finexis Markets Ltd — the entity that holds client funds. It is registered to Octa Markets Ltd (octafx.com), a different legal entity entirely.
3. That licence expired on 06 July 2025 — months before I deposited my first dollar. My funds were accepted, held, and ultimately confiscated under a licence that was simultaneously without legal standing, registered to the wrong company, and expired.
In practice, there was zero regulatory protection at any point.
Additional red flags documented:
— The FSC Mauritius licence on their website belongs to Elev8 Markets, a separate entity that does not hold client funds
— Their Google Play app is published by Quixotex Solutions Limited (Cyprus), a self-described payment agent with no investment licence
— This same group previously operated as OctaFX and Octa; a new entity (Versustrategy Inc., Saint Lucia) is already registered
I have compiled a full regulatory dossier documenting this structure in full. I have chosen to publish this review prior to submitting the dossier to FSC Mauritius and CySEC — the latter given the role of Quixotex Solutions Limited (HE 451250, Cyprus), the Cypriot entity through which client funds are processed, which describes itself solely as a payment agent with no investment services authorisation — as a final opportunity for Elev8 / Finexis Markets Ltd to resolve this matter directly. Should the full amount of USD 19,885 be returned, I will withdraw the submissions and update this review accordingly. That option remains available — but not indefinitely.
I am sharing this publicly so that prospective clients can make an informed decision.
Copy trading loss followed by unfulfilled refund claims from IB
I am sharing my experience with Octa / Elev8 in relation to their copy trading platform.
I participated in Octa copy trading through their app and incurred a loss of approximately USD 10,342.44. Following the loss, I joined a Telegram group that was directly accessible via the platform interface and associated with the strategy provider (Introducing Broker).
In that group, the IB acknowledged issues with the trading activity and indicated that there had been negligence. Subsequently, statements were made suggesting that losses would be compensated or refunded. However, no such compensation was ever provided.
It is also worth noting that some of these statements are no longer visible in the Telegram group, although I have retained records.
When I raised this matter with the company, they denied responsibility on the basis that the IB is a third party, despite the fact that access to the Telegram group was provided within the platform environment.
This matter has since been submitted to the Securities Commission Malaysia for review (Case Ref: SC2026-89284), as it raises concerns about how external links and representations are presented within the platform.
I am sharing this so others can better understand the risks associated with relying on third-party communications linked through trading platforms.

Antwoord van Elev8

Antwoord van Elev8
Cannot withdraw my profit.
I try to withdraw my profit but for somehow it was still pending till today. I feel like being scammed by this app. Hopefully they will take action as soon as possible.

Antwoord van Elev8
I want Appreciation to Elev8 Support Team share my experience with…
I want to share my experience with Elev8.
At first there were some delays during the account review, but in the end the process was completed and my withdrawal was successfully processed. I appreciate the team for resolving the issue and helping finalize everything.
Thank you Elev8 team for the support and for completing my withdrawal. I hope the service continues to improve for all traders.

Antwoord van Elev8
Problem with log in.
Very poor Customer Service, I am still locked out of my MT5 and CS are repeating themselves like robots to rectify the problem.

Antwoord van Elev8
Serious Concerns: Withdrawal Rejected, Account Restricted, No Clear Explanation
I was already severely damaged in the Octa environment, with losses well into six figures. Given the public history surrounding Octa, I had hoped Elev8 would clearly prove that it is different and would not continue the same kind of troubling conduct.
Instead, after finally recovering part of my historical losses through successful trading, my withdrawal requests have now been rejected and transactions on my account have been restricted during an internal review. The amount at issue is significant ($70k).
I submitted the requested KYC documents in full. Support then confirmed that my documents had been received, that nothing further was required from my side, and that my funds were safe. My first email was sent on 5 April 2026. As of 9 April 2026, I still have no substantive email reply, no proper explanation, and no concrete resolution timeline.
Another highly troubling point is that, despite previous assurances, I still cannot withdraw by bank transfer and appear to be pushed toward crypto-only withdrawal options instead. In light of the past public allegations associated with the wider Octa environment, this raises even more serious concerns and does nothing to build trust.
What makes this even more alarming is that I have now come across multiple very similar complaints from other users describing denied withdrawals, prolonged reviews, restrictions, and repetitive support responses.
If Elev8 truly wants to be seen as different from the Octa past, then this is the moment to show it through actions, not scripted reassurances.
I expect immediate clarification, restoration of withdrawal access, including by normal bank transfer, and a transparent resolution without further delay. I will update this review if the matter is properly resolved.
##### UPDATE AND RESPONSE 10.04. #####
Elev8’s reply still avoids the actual issue.
My withdrawal was declined, transactions on my account were restricted, and since my first email on 5 April 2026 I still have not received a real written explanation. Live chat has produced nothing except scripted stalling.
What is especially troubling is that this is now being widened into a review of “account activity” rather than remaining a simple KYC check. That creates the clear impression that KYC was used first to freeze the account, and that the process is now being expanded after the fact because my trading finally moved back in my favour.
The public record from the Octa past makes this impossible to ignore. If Elev8 wants to claim it is different, it should stop hiding behind PR language and resolve the case properly.
I expect an immediate written clarification, full restoration of withdrawal access, including bank withdrawal, and an end to these generic responses.
##### UPDATE 15.04. #####
STILL NO RESOLUTION!
I have now even provided the requested wallet signature proving control of the deposit wallet. Two days later, there is still no follow-up or confirmation, no clear timeline, and withdrawals remain blocked.
At this point, the pattern is becoming very clear: each time a new requirement is fulfilled, the result is not resolution, but further delay!!!
This is not a reassuring compliance process. Traders should take this very seriously.
##### UPDATE 21.04. #####
Elev8 emailed me yesterday that my account was “fully active and unlocked” and that I was “all set to receive withdrawals”.
I then tested the withdrawal again properly, including internal transfer to the Wallet section. The result was the same: withdrawal request failed again.
I informed them of this contradiction and received no response.
So the issue is no longer just delay. Elev8 stated that withdrawals were restored, but in practice they still do not work.
Support chat later admitted that the review was still ongoing and that the withdrawal would only be processed once that review was complete.
That is a direct contradiction.
Given this new development, previously raised concerns about their ability to honor payouts are becoming harder to dismiss.
!!!!IMPORTANT!!!!
Based on this experience, I would strongly caution anyone against depositing funds with Elev8.

Antwoord van Elev8
5 STAR SUPPORTER
terbaik dengan layanan serta bantuan. penjelasan yang jelas serta bantuan yang amat cemerlang di berikan.

Antwoord van Elev8
Ganti IB
Layanan pelanggan respon cepat dengan bahasa yang mudah di mengerti.

Antwoord van Elev8
I’ve been using this platform since it…
I’ve been using this platform since it was OctaFX, and the transition to Elev 8 has been seamless. The interface remains user-friendly, and the execution speeds are as reliable as ever. It’s great to see a platform evolve while keeping the core trading experience top-notch. Highly recommended for both new and experienced traders!

Antwoord van Elev8
Trading menggunakan broker elev8
Trading menggunakan broker elev8 recommended

Antwoord van Elev8
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