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Lotas Capital

Saint Lucia|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.lotascapital.com/

Website

Rating Index

Contact

+44 7537 168853
backoffice@lotascapital.com
https://www.lotascapital.com/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 7537 168853

English

+359 (2)4928522

Other ways of contact

Broker Information

More

Company Name

Lotas Trading LLC

Abbreviation

Lotas Capital

Platform registered country and region

Saint Lucia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Lotas Capital · WikiFX Survey

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Lotas Capital · Company Summary

Lotas Capital Review Summary
Founded 2017
Registered Country/Region Saint Lucia
Regulation No Regulation
Market Instruments 140+, currency pairs, CFDs, stocks, cryptocurrencies
Demo Account Unavailable
Leverage 1:200 (Standard Account), 1:200 (Gold Account), 1:400 (Platinum Account), 1:200 (ECN Account)
Spread Raw spread
Trading Platforms MetaTrader4
Minimum Position 0.01 lot
Customer Support Phone Number: +44 7537 168853
Email: backoffice@lotascapital.com
Address: P.B.1257 Bonovo Road, Fomboni, Moheli, Comoros Union
Contact form

What is Lotas Capital?

Lotas Capital, established in 2017 and registered in Saint Lucia, operates as a trading platform offering a diverse range of financial instruments, including 140+ currency pairs, CFDs, stocks, and cryptocurrencies. Moreover, Lotas Capital provides contact options via phone, email, and an address in Comoros Union. They offer various account types and a popular trading platform (MT4) but a major red flag is their lack of regulation.

Lotas Capital‘s homepage

Pros & Cons

Pros Cons
  • High Leverage
  • No Regulation
  • Multiple Account Types
  • Multiple Customer Support Channels

Pros:

  • High Leverage: Lotas Capital offers high maximum leverage of 1:400 that allows traders to control large positions with a relatively small amount of capital, providing the potential for higher returns on investment.

  • Multiple Account Types: The platform offers diverse account types, including the Standard Account, Gold Account, Platinum Account, ECN Account, Swap-Free Account, PAMM & MAM Account, and IB Affiliate Program, catering to various trading needs and experience levels.

  • Multiple Customer Support Channels: Lotas Capital provides various customer support channels including phone, email, address and contact form, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

Is Lotas Capital Safe or Scam?

Lotas Capital currently has no valid regulation, which means that there is no guarantee of protection for traders. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without the oversight and accountability provided by regulatory authorities, trading with Lotas Capital may pose considerable risks. Individuals need to carefully consider the risks before engaging with the platform.

No license

Market Instruments

Lotas Capital does offer a significant variety with over 140 trading instruments across various asset classes. This includes:

  • Currency pairs (Forex): These allow speculation on the exchange rate movements between two currencies.

Currency pairs
  • Contracts for Difference (CFDs): Contracts that track the underlying asset's price movement (stocks, commodities, etc.) without actually owning the asset.

  • Stocks: Ownership shares in publicly traded companies.

CFDe
  • Cryptocurrencies: Digital assets used as a medium of exchange.

Cryptocurrencies

Account Types

Lotas Capital provides a comprehensive range of account types to cater to diverse trading preferences. Clients can choose from the Standard Account, Gold Account, Platinum Account, ECN Account, Swap-Free Account, PAMM & MAM Account, and also participate in the IB Affiliate Program. Each account type offers a unique set of features and benefits to accommodate various trading styles and objectives.

Furthermore, Lotas Capital maintains a minimum position size of 0.01 lot for Standard Account, Gold Account, Platinum Account, and ECN Account, ensuring accessibility for traders with different risk profiles and capital sizes. This inclusive approach allows clients to select the account that best aligns with their individual needs, fostering a tailored and flexible trading experience on the platform.

Account Types

Leverage

Lotas Capital offers various account types with different maximum leverage levels.

  • Standard & Gold Account: These two accounts both provide a maximum leverage of 1:200. This means for every $1 you deposit, you can control a position worth up to $200 in the market. They are good options for new traders who want to start with a moderate level of risk.

  • Platinum Account: This account caters to experienced traders by offering the highest leverage of 1:400. This allows you to control a much larger position size with a smaller deposit.

  • ECN Account: The ECN Account also offers a maximum leverage of 1:200. ECN stands for Electronic Communication Network, which offers a raw spread compared to other account types. However, ECN accounts have a $6 commission per lot associated with trades.

Trading Platforms

Lotas Capital provides its clients with the widely acclaimed MetaTrader 4 (MT4) trading platform. Renowned for its user-friendly interface, advanced charting tools, and comprehensive analytical features, MT4 offers a seamless and robust trading experience. By choosing MT4, Lotas Capital empowers its clients with a sophisticated platform that facilitates efficient trade execution, in-depth market analysis, and access to a wide range of financial instruments.

Customer Service

Lotas Capital provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone Number: +44 7537 168853

  • Email:backoffice@lotascapital.com

  • Address: P.B.1257 Bonovo Road, Fomboni, Moheli, Comoros Union

  • Contact form

contact form

Education

  • FX Trading Education: This could include written guides, video tutorials, or even webinars covering various aspects of forex trading. Look for topics on fundamental and technical analysis, trading strategies, risk management, and more.

forex education
  • Forex Calculators: These online tools can help estimate profits and losses based on pip values, position sizes, and leverage.

Forex Calculators
  • FX Glossary: A comprehensive glossary can be invaluable for understanding key forex terminology. This can help you navigate educational resources and market analysis more effectively.

FX Glossary
FX Glossary
  • Daily Newsletters: These newsletters can keep you updated on relevant forex news, market analysis, and trading opportunities.

Daily Newsletters

Conclusion

In conclusion, Lotas Capital offers an extensive range of trading instruments, various account types, a high maximum leverage, MetaTrader4, and various customer support channels, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

Q 1: Is Lotas Capital regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does Lotas Capital offer demo accounts?
A 2: No.
Q 3: Does Lotas Capital offer the industry leading MT4 & MT5?
A 3: Yes. It offers MT4.
Q 4: At Lotas Capital, are there any regional restrictions for traders?
A 4: Yes, they do not provide services to Turkey, USA, UAE (and any relevant jurisdiction that they are not authorized to operate).

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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