About HESPER
Background and Registration
Hesper Wealth (operating under the name HESPER) is an online trading platform that was established on March 10, 2025. The company is registered in Saint Lucia, with a registered address at The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. According to our records, the broker is not regulated by any financial authority, and it holds no known licenses. The broker’s official domain is hesperwealth.com, and it maintains a presence on LinkedIn and YouTube.
Regulatory Status
While the broker's website claims regulation by the FSC of Mauritius, the FSCA of South Africa, and the CMA of the UAE, our investigation did not find these claims to be supported by any verifiable records. The license number provided (GB23202672) could not be cross-checked with the respective regulators' databases. In fact, industry databases list Hesper Wealth as having no registered regulators. This discrepancy is a significant red flag, and traders should consider the broker unregulated until independent confirmation is obtained.
Account Types and Trading Conditions
Hesper Wealth offers four account types to accommodate different trading styles and experience levels. The Standard account is aimed at beginners and casual traders, with no monthly fee and spreads from 0.3 pips. The Pro account is marketed at more active traders but carries a $500 monthly fee and wider spreads of 1.7 pips.
The ECN account provides direct market access with spreads from 0.0 pips for a $200 monthly fee. Additionally, a Professional account is available with ultra-tight spreads and higher leverage. All accounts offer leverage up to 1:500, which is high and carries substantial risk.
Margin call and stop-out levels are set at 80% and 50% respectively, with a reported execution speed of 300ms.
Trading Platforms and Instruments
The broker provides the MetaTrader 5 (MT5) platform, a widely used trading terminal that supports automated trading, advanced charting, and multiple order types. A web trader version is also available for browser-based access. Hesper Wealth claims to offer a diverse range of markets, including forex, cryptocurrencies, indices, stocks, commodities, and CFDs. This multi-asset offering is typical of modern retail brokers, although the actual depth of liquidity and execution quality remains unverified due to the lack of regulatory oversight.
Target Audience
Hesper Wealth appears to target a broad audience of retail traders, from beginners to professionals. The availability of a demo account and the simplicity of the Standard account suggest an appeal to new traders, while the ECN and Professional accounts are aimed at more experienced ones. The broker also promotes itself as a 'modern platform' that emphasizes speed, precision, and confidence. However, the absence of regulation and the very recent establishment date (2025) mean that traders should approach with extreme caution, especially given the high leverage offered.
Funding and Support
Details on funding methods are not explicitly listed on the website, but the broker mentions email and live chat support. The Singapore-broker also claims to provide expert market analysis and webinars to assist traders. As the broker is unregulated and based in Saint Lucia, deposit protection and dispute resolution mechanisms are not available. Traders considering this platform should be aware that their funds are not covered by any investor compensation scheme.
Overview compiled by FXCanary from regulatory records and public data. full HESPER review