About Forex Capital
Overview
Forex Capital is a retail forex broker registered in Bangladesh, established on 9 July 2020. The broker operates through its official website at forexcapitalfx.com and is based in Dhaka, Bangladesh. At present, Forex Capital has no known regulatory oversight from any financial authority, which places it outside the scope of major regulatory frameworks such as those of the FCA, CySEC, or ASIC. This absence of regulation is a significant consideration for traders when evaluating the broker's trustworthiness.
Account Types
Forex Capital offers five distinct account tiers designed to cater to different capital levels: SUPER PLAN (minimum deposit $5,000), PRO ($9,500), PREMIUM ($4,000), BASIC ($1,000), and STARTER ($300). The maximum leverage is not disclosed for any account type, leaving traders without clear information on the risk parameters. The account structure indicates a focus on traders with relatively higher capital, as even the most accessible STARTER account requires a $300 minimum deposit.
Regulation and Licensing
According to the known facts, Forex Capital does not hold any regulatory licences from recognised financial authorities. The broker is registered in Bangladesh, a country without a dedicated forex brokerage regulator, and operates without oversight from international bodies. As a result, traders are not covered by investor compensation schemes or standard regulatory protections, increasing the reliance on the broker's internal policies for dispute resolution.
Contact and Location
The registered address provided is Garden Street, Ring Road, Shyamoli, Dhaka 1207, Bangladesh. This physical presence in Dhaka aligns with the broker's country of registration. Contact details beyond the address are not available from the known facts, which may limit direct communication channels for prospective clients.
Conclusion
Forex Capital presents itself as a forex broker with multiple account options but lacks regulatory oversight and transparent details on trading instruments, leverage, and platform features. The limited public information and unregulated status suggest a higher risk profile, particularly for traders accustomed to licensed brokers. As with any unregulated entity, thorough due diligence is recommended before considering an account.
Overview compiled by FXCanary from regulatory records and public data. full Forex Capital review