Brokers  /  CODART CAPITAL LIMITED

CODART CAPITAL LIMITED

High riskForex / CFD broker
🇲🇺 Mauritius · < 1 year · since 2025-10-31 · CODART CAPITAL LIMITED
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.96/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from CODART CAPITAL LIMITED? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that CODART CAPITAL LIMITED actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
57
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 8 months old
  • Registered in Mauritius (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCODART CAPITAL LIMITED
Headquarters🇲🇺 Mauritius
Founded2025-10-31
Years operating< 1 year
Employees0
Official websitecodartcapital.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
4th Floor, The Docks, MU, Port Louis, Mauritius

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
PRO1:100$10,000From 1.1Zero
ELITE1:100$1,000From 1.5Zero
CLASSIC1:100$100From 1.8Zero

Review analysis AI

Codart Capital Limited is a newly established, unregulated forex and CFD broker incorporated in Mauritius. Our review found no regulatory oversight from any major authority, which significantly elevates the risk profile for clients. The broker's FXCanary Scam Risk Score of 57/100 reflects concerns around transparency, track record, and regulatory status, making it a high-risk choice for traders.

Best for
  • Experienced traders comfortable with unregulated brokers
  • Traders with large capital seeking high leverage (1:100)
  • Those looking for a Mauritius-incorporated CFD broker
Not for
  • Beginners or retail traders seeking regulatory protection
  • Risk-averse investors
  • Traders requiring low minimum deposits or micro accounts
Period:

Real user reviews

Similar brokers

What CODART CAPITAL LIMITED says about itself as stated by the broker · not independently verified by FXCanary

Company Vision & Mission

According to its website, Codart Capital Limited aims to 'revolutionize the world of online trading by building a trusted, global platform where innovation meets opportunity at every step.' The company states that its vision is to anticipate and address the evolving needs of traders, offering 'a seamless, intuitive, and secure environment that fosters confidence and growth.' Its mission is to empower traders of all levels by integrating cutting-edge technology, advanced trading tools, and educational resources.

The broker claims to provide 'secure market access, advanced analysis, and fast execution designed for confident, efficient, and transparent trading across global markets.' It emphasizes a commitment to innovation and trader empowerment through its platform.

Risk Disclosure

Codart Capital publishes a formal risk disclosure on its website, stating that 'trading on margin carries a high level of risk to your capital, and you may lose more than your initial deposit.' The broker warns that Contracts for Difference (CFDs) on currencies, commodities, indices, or equities are 'margin-traded products that inherently carry high risks and may not be suitable for all investors.'

The disclosure advises potential clients to carefully consider their investment objectives and financial situation before opening an account. It explicitly states that traders may lose more than their initial deposit, a standard warning for leveraged products.

Terms & Conditions

The broker's Terms and Conditions, as published on its website, govern the legal relationship between Codart Capital and its clients. The document defines 'Client' as any person or legal entity that accepts the terms, and 'Account' as the trading account created with Codart Capital. 'Services' refers to 'CFD trading and related financial services, and any authorized financial services that Codart Capital can provide.'

To use the services, clients must be at least 18 years old and have the legal capacity to enter into binding agreements. The terms cover standard provisions for account operation, client obligations, and service limitations.

Privacy & Security

According to its Privacy Policy, Codart Capital LTD is 'Licensed as an International Business Company (IBC)' and is 'committed to ensuring that all personal and financial information always remains secure.' The broker states that it collects personal information directly from clients or indirectly through their relationship with the firm.

The policy outlines the measures Codart Capital takes to collect, use, and safeguard user information. The broker claims to 'maintain high standards of privacy and cybersecurity to foster trust and confidence in its services.'

About CODART CAPITAL LIMITED

Overview

Codart Capital Limited is a global CFD and forex trading brand incorporated in Mauritius as a Global Business Company. The broker was founded on 31 October 2025 and operates from registered offices at 4th Floor, The Docks, Port Louis, Mauritius. According to its website, the company aims to provide traders with 'a secure, transparent, and technology-driven trading environment.'

The broker offers leveraged trading on a range of financial instruments through Contracts for Difference (CFDs). It targets both retail and professional traders, with account tiers designed to accommodate different capital levels. Codart Capital maintains a presence on social media platforms including Facebook, Instagram, and LinkedIn.

Regulation & Licensing

In FXCanary's assessment, Codart Capital Limited does not hold any form of financial services regulation from a recognized regulatory authority. The broker is registered as an International Business Company (IBC) in Mauritius, but registration does not equate to regulatory oversight for trading activities. The company's risk disclosure acknowledges the high risks of margin trading but does not reference any regulatory license.

The absence of regulation is a significant factor for traders considering this broker. Without oversight from a body such as the FCA, CySEC, or ASIC, clients have limited recourse in the event of disputes or financial difficulties. FXCanary's Scam Risk Score for Codart Capital is 57 out of 100, indicating an elevated risk level.

Account Types & Trading Conditions

Codart Capital offers three account tiers: PRO, ELITE, and CLASSIC. The PRO account requires a minimum deposit of $10,000 and offers maximum leverage of 1:100. The ELITE account requires $1,000 minimum deposit with the same maximum leverage of 1:100. The CLASSIC account is the most accessible, with a minimum deposit of $100 and leverage of 1:100.

All accounts share the same maximum leverage, suggesting that the differentiation lies in other benefits such as spreads, commissions, or additional services. The broker's website provides calculators for margin and pip values, indicating a focus on risk management tools. However, detailed information on spreads, commissions, and available instruments is not prominently displayed on the site.

Platform & Tools

The broker offers a web-based trading platform accessible via its client portal at portal.codartcapital.com. The site includes a demo account registration page, allowing potential clients to test the platform with virtual funds. Codart Capital also provides educational resources and trading calculators for margin, pip value, and position sizing.

Additional tools include a margin calculator and a pip calculator, both available directly on the website. The broker promotes fast execution and advanced analysis tools, though specific platform details (such as MetaTrader or proprietary software) are not specified. The company also runs an Introducing Broker (IB) program, inviting partners to refer active traders in exchange for revenue sharing.

Client Support & Contact

Codart Capital states that its support team is available 24/5 to assist with account, platform, and general enquiries. The average response time is claimed to be under 30 minutes. Clients can reach the broker via phone at +23055368357 or email at support@codartcapital.com.

The physical and registered address is listed as C/o Renark Management Solutions Ltd, 4th Floor, Docks 4, The Docks, Port Louis, Mauritius. The website includes a contact form for sending messages directly. The broker's social media presence on Facebook, Instagram, and LinkedIn provides additional channels for engagement.

Target Audience & Suitability

Codart Capital positions itself as a trading platform suitable for both novice and experienced traders, citing educational resources and advanced tools. However, the high minimum deposit for the PRO account ($10,000) suggests a focus on well-capitalized or professional traders. The CLASSIC account with a $100 minimum is more accessible to retail traders.

Given the absence of regulatory oversight, the broker is best suited for traders who are experienced, understand the risks of unregulated trading, and are comfortable with high leverage. Beginners or risk-averse investors should exercise caution. The broker's elevated scam risk score further reinforces the need for due diligence before committing funds.

Overview compiled by FXCanary from regulatory records and public data. full CODART CAPITAL LIMITED review