About Cloex Capital
Company Overview
Cloex Capital is a financial services entity registered in China, with an official establishment date of November 12, 2020. The company's website is cloexcapital.com. However, due to the absence of independent web search results or accessible official materials, detailed information about the company's history, leadership, and operational scope remains scarce.
This lack of publicly verifiable data is a significant concern for potential clients, as transparency is a cornerstone of trustworthy financial services. Without corroborated sources, the claims made by Cloex Capital cannot be independently confirmed.
Regulatory Status
Based on the records available to FXCanary, Cloex Capital does not hold any active regulatory licences from recognised financial authorities such as the FCA, CySEC, ASIC, or any other major regulator. This is a critical red flag for traders, as regulated brokers are subject to strict oversight, capital requirements, and client protection schemes.
The absence of regulation means that clients have no recourse to any ombudsman or compensation fund in the event of disputes or malfeasance. FXCanary strongly emphasises that dealing with unregulated brokers carries inherent risks, including potential loss of funds without legal protection.
Risk Assessment
FXCanary has assigned Cloex Capital a Scam Risk Score of 75 out of 100, categorised as 'Severe'. This high score reflects the combination of no regulatory oversight, limited public information, and the generally high-risk nature of unregistered financial entities.
The severe rating indicates that the broker poses a significant threat to client funds, and traders should exercise extreme caution. It is advisable to conduct thorough due diligence and consider only fully regulated alternatives for trading activities.
Conclusion
In summary, Cloex Capital is a high-risk broker with minimal transparency and no regulatory safeguards. The scarce information available prevents a comprehensive evaluation, but the known facts point to a potentially dangerous platform for retail traders.
We advise traders to avoid engaging with unregulated brokers and to prioritise those with clear regulatory standing and a proven track record. The onus is on the trader to ensure the safety of their capital.
Overview compiled by FXCanary from regulatory records and public data. full Cloex Capital review