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Does Codart Capital have negative balance protection?
Pamela Kyrri-Royle
Switzerland
Aug 20, 2026
ANSWER Dear Investor, Regarding whether Codart Capital provides negative balance protection, we recommend contacting their customer service team directly for detailed clarification. Codart Capital claims to be regulated by the Financial Services Commission (FSC) in Mauritius. We have searched the Mauritius FSC database and located an entity with the same name. However, the Mauritius FSC has not disclosed the operating website for this licensed entity, making it impossible for us to confirm whether this licensed entity is genuinely affiliated with the broker in question. This presents a potential risk of misappropriated regulatory information. Furthermore, as the Mauritius FSC is an offshore regulatory authority with relatively weaker oversight, we advise you to exercise caution, conduct proper risk assessment, and perform thorough due diligence before engaging in transactions with this broker.
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How's Codart Capital? Do you recommend this broker?
Gustavo Efremov
Kuwait
Jan 28, 2026
ANSWER Dear Investor, Codart Capital claims to be operated by Codart Capital Limited, licensed by the Financial Services Commission (FSC) of Mauritius. While the company does appear in the FSC’s register, the regulator does not publish website or domain information for its licensees, so we cannot independently confirm whether the Codart Capital platform is truly linked to the licensed entity. Additionally, the Mauritius FSC is an offshore regulator with relatively light oversight and limited investor protections. This means that holding an FSC license alone does not guarantee strong safeguards for your funds. Therefore, we recommend you remain cautious when trading with Codart Capital. If you’re new to forex trading, starting with a demo account would be a wise and risk-free way to begin.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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