About Wexante Capital
Company Overview
Wexante Capital is a forex and CFD broker registered in Russia, claiming to have been founded on 20 September 2019. Its registered address, 4042 Lexington St., London, England, suggests a cross-jurisdictional presence, though no operational ties to the UK financial regulatory framework have been established.
According to the information available, the broker positions itself as a provider of online trading services, likely offering access to major currency pairs, indices, commodities, and other derivatives. However, as of our review, no official website or marketing materials were accessible to verify these claims or the specific instruments offered.
Regulatory Status
Wexante Capital operates without any known regulatory licence from a recognised financial authority. Our records indicate that it is not registered with the Central Bank of Russia, the UK Financial Conduct Authority (FCA), or any other major supervisor. This absence of oversight is a critical risk factor for traders.
Without regulation, clients have no recourse to an ombudsman or compensation scheme should disputes arise. The broker's Scam Risk Score of 48/100 from FXCanary places it in the 'Guarded' zone, reflecting a moderate but notable risk profile primarily driven by the lack of regulatory transparency.
Corporate Background
The broker is registered in Russia, yet its stated address lies in London, England. This discrepancy raises questions about its true operational base and legal jurisdiction. The London address, 4042 Lexington St., does not correspond to any known regulated financial firm and may be a virtual office or mailing service.
Founded in late 2019, Wexante Capital is a relatively new entity in the retail forex space. The combination of a short operating history and opaque corporate structure makes independent verification of its claims difficult for potential clients.
Account Types and Platforms
Based on the limited information available, Wexante Capital likely offers standard retail account types such as Micro, Standard, and possibly ECN or Islamic accounts. However, specific details—including minimum deposit requirements, spreads, leverage limits, and available trading platforms—are not publicly documented in our sources.
Typically, brokers in this segment provide the MetaTrader 4 (MT4) and/or MetaTrader 5 (MT5) platforms, though without direct access to the broker's website, we cannot confirm this. Traders are advised to proceed with caution and seek clarification directly from the broker before committing funds.
Deposits and Withdrawals
No verified information is available regarding the payment methods supported by Wexante Capital. Common methods in the industry include bank wire transfers, credit/debit cards, and various e-wallets such as Skrill or Neteller. However, the absence of regulatory oversight increases the risk of delayed or denied withdrawals.
Traders considering this broker should independently verify the funding and withdrawal policies, as well as any associated fees, before depositing capital. The lack of transparent information is a significant red flag.
Target Audience
Wexante Capital appears to target retail traders, particularly those in regions with less stringent regulatory requirements. Its Russian registration and London address suggest it may aim at both European and CIS-based clients, though without clear marketing materials, this remains speculative.
The broker's offering is not suitable for risk-averse traders or those requiring the protection of a regulated environment. Given the high-risk profile, only experienced traders willing to accept significant counterparty risk should consider engagement, and even then only with funds they can afford to lose.
Overview compiled by FXCanary from regulatory records and public data. full Wexante Capital review