CODART CAPITAL LIMITED

CODART CAPITAL LIMITED is a broker registered in Mauritius and operating for 1-2 years, but it operates without a valid, authoritative forex trading license from major global regulators like the FCA, ASIC, or CySEC. The company holds a Financial Services Commission (FSC) 'Securities Trading License (EP)' in Mauritius, which is not recognized as a mainstream forex regulatory framework, resulting in a severely low WikiFX Score of 1.91. This indicates a complete absence of credible financial oversight for its forex operations, placing client funds outside established investor protection schemes and presenting a significant risk profile.

In Mauritius, CODART CAPITAL LIMITED holds a Securities Trading License (EP) with the registration number GB23202518 from the Financial Services Commission (FSC). It is critical to understand that this license does not constitute authoritative regulation for its retail forex and CFD trading services offered internationally. The broker lacks verification from any major global financial regulator, meaning its primary trading activities are unregulated.

The broker operates under the full name CODART CAPITAL LIMITED. It is registered in Mauritius and categorized as a regional broker, having been in operation for 1-2 years.

Yes, CODART CAPITAL LIMITED provides clients with access to the MetaTrader 5 (MT5) platform. The broker's technical infrastructure is rated with an average execution speed of 81. It offers three primary account types—CLASSIC ($100 minimum deposit), ELITE ($1,000 minimum, includes an Islamic swap-free option), and PRO ($10,000 minimum)—all of which support leverage up to 1:100, hedging, scalping, and automated trading via Expert Advisors on the MT5 platform.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.