What Happened to OctaFX? It's Now Elev8 (2026)

FXOnboard Review Teamwe open real accounts and document every step

Reviewed by TalhaUpdated 2026-07-07

Signing up? You'll now see the Elev8 brand

OctaFX is now Elev8 — same broker, same account setup. Registration is free and takes about 3 minutes. After you click, you'll see the Elev8 name and logo.

📢 OctaFX is now Elev8 — same broker, same account. You’ll see the Elev8 name and logo after you click.

Open OctaFX (Elev8) account →

Trading forex/CFDs carries significant risk. This is general information, not financial advice.

The short answer

OctaFX rebranded to Elev8, effective 9 February 2026. Traffic from the old octafx.com now redirects to elev8.com, and a handful of instruments had their trading hours updated on 16 February 2026 per the broker's own rebrand notice. Beyond that, this is a name and visual-identity change — not a sale, not a shutdown, and not (as far as your account is concerned) a change of company.

According to the broker and reporting by Finance Magnates, "the customer journey will remain unchanged" across trading conditions and platform functionality, and "the changes will affect only the brand identity, while the operational processes remain unchanged." Existing customers were migrated to Elev8, keeping the same accounts, statuses and benefits. So if you had an OctaFX account, you have an Elev8 account — same login, same balance.

For context, this isn't the broker's first name change: it earlier shortened "OctaFX" to "Octa" around its 11th anniversary (circa 2022–2023) before the 2026 move to Elev8.

What actually changed (and what didn't)

The easiest way to see the rebrand is to split it into what you'll notice and what you won't. Here's the practical breakdown, based on the broker's published rebrand statements:

In other words, the change is cosmetic from your side of the screen. You log in the same way; you'll just see "Elev8" where it used to say Octa. If you're opening a fresh account today, you sign up directly with Elev8 — you can start the registration here — and the welcome screen greets you with the new brand.

Is Elev8 the same company as OctaFX?

For your account, yes — practically speaking, Elev8 is the operational successor to OctaFX. The rebrand kept the same underlying legal entities in place and migrated existing customers across; it did not hand your account to a different, unrelated firm.

Elev8 operates through two licensed offshore entities:

• Elev8 Markets LTD — registered in Mauritius (company registration C186509), regulated by the Financial Services Commission (FSC) of Mauritius under licence GB21027161. The FSC is an offshore regulator, generally regarded as one of the more reputable offshore ones, but it is not a tier-1 authority. (One review noted it could not locate this entity in the FSC registry, so treat the licence as "stated by the broker" and verify it yourself.)
• Finexis Markets Ltd — Elev8's Comoros entity, registered in the Comoros Union (Moheli/Mwali), holding a licence issued by the Mwali International Services Authority (MISA). MISA is a weak, lightly-regulated offshore authority.

So the honest summary is: same broker, same accounts, continuing under Elev8 — operating through these two offshore entities.

The "Finexis Markets" confusion, cleared up

This is the single most misunderstood part of the rebrand, so let's be precise. You may read online that "OctaFX renamed itself Finexis." That is not what happened.

The consumer brand — the name you see when you log in — is Elev8. "Finexis Markets Ltd" is the name of one of Elev8's licensed operating entities: specifically its Comoros/MISA-licensed company (registration HY00623410, MISA licence T2023320). It is a back-office legal entity, not a re-branding of the app or website you use.

• Correct: Elev8 is the brand; Finexis Markets Ltd is Elev8's Comoros-licensed entity.
• Incorrect: "OctaFX became Finexis" or "Finexis is the new consumer brand."

If you see "Finexis Markets Ltd" named in your account documents, terms, or on a legal page, that's normal — it's the entity your account may sit under, alongside the Mauritius entity (Elev8 Markets LTD). It is not a sign something is wrong or that a stranger now holds your funds.

What this means for your money and regulation

Here's the honest part, because a calm explanation shouldn't gloss over it. The rebrand did not upgrade the broker's regulatory protection — if anything, it clarified that Elev8 runs fully offshore.

The former OctaFX group included a Cyprus entity regulated by CySEC — a tier-1, EU regulator that offers Investor Compensation Fund protection to EU clients. Per reporting from Finance Magnates and BrokersView, that CySEC entity was not carried into the Elev8 rebrand; the group left the brand-sharing arrangement, and Elev8 now operates only under the Mauritius (FSC) and Comoros (MISA) offshore entities. So you should not assume Elev8 is CySEC-regulated.

What that means for you in plain terms:

• Your funds and account carried over — the migration itself didn't remove money from anyone's account.
• Oversight is offshore only. Offshore regulation offers weaker protections than a tier-1 regulator like the FCA, ASIC or CySEC. If you were previously an EU client relying on CySEC protection, that specific protection is not part of the Elev8 brand.
• Size your deposits accordingly. As with any offshore-regulated broker, it's sensible not to hold more on the platform than you're comfortable trading with.

For a fuller, two-sided look at complaints and safeguards — including the recurring theme around large-withdrawal delays that readers ask about — see our is OctaFX (Elev8) safe and legit? guide.

FAQ

Quick answers to the questions worried OctaFX users ask most after the rebrand.

Bottom line

OctaFX became Elev8 on 9 February 2026, and it's a name-and-logo change, not a disappearance. Your account, login, balance, trading conditions and platform carried over unchanged — you simply see the Elev8 brand now. Elev8 is the operational successor, running through two licensed offshore entities: Elev8 Markets LTD (Mauritius/FSC) and Finexis Markets Ltd (Comoros/MISA). Remember that "Finexis" is the name of one of those entities, not a new consumer brand — OctaFX did not "become Finexis." The one genuine change worth weighing is regulatory: the former CySEC (EU) protection is not part of Elev8, which now operates fully offshore. Log in, check that your balance looks right, and size your deposits with that offshore reality in mind.

The broker in this guide

OctaFX (Elev8)

★★★⯪3.8

Commission-free trading, copy trading, MT4/MT5 and OctaTrader. Minimum deposit from $25 (varies by method). Offshore-regulated (Mwali/Comoros) — read our full review before you decide.

Open OctaFX (Elev8) account →

FAQ

What happened to OctaFX?

OctaFX rebranded to Elev8, effective 9 February 2026. It's a name and visual-identity change — the same accounts, logins, balances, trading conditions and platforms carried over to Elev8. The old octafx.com now redirects to elev8.com.

Is my OctaFX account and money safe after the rebrand?

Your existing account was migrated to Elev8 with the same login and balance — the rebrand itself didn't remove funds. That said, Elev8 is regulated only by offshore authorities (Mauritius FSC and Comoros MISA), not a tier-1 regulator, so protections are weaker than at an FCA- or CySEC-licensed broker. Size your deposits accordingly and check your balance after logging in.

Did OctaFX rename itself to Finexis Markets?

No. The consumer brand is Elev8. "Finexis Markets Ltd" is the name of one of Elev8's licensed operating entities — its Comoros/MISA-licensed company. It's a legal entity behind the brand, not a new name for the app or website. It's incorrect to say "OctaFX became Finexis."

Do I need to open a new account or move my funds?

No. Existing OctaFX customers under the Mauritian and Comoros entities were migrated to Elev8 automatically, keeping the same account, status and benefits. You log in the same way — you'll just see the Elev8 name and logo.

Is Elev8 still regulated by CySEC like OctaFX was in the EU?

No. The former OctaFX group's CySEC (Cyprus, EU) entity was not part of the Elev8 rebrand. Elev8 now operates fully offshore under the Mauritius (FSC) and Comoros (MISA) entities only, so you should not assume Elev8 carries CySEC/EU compensation-fund protection.