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I contacted with Lotas Capital and their customer service was nice, maybe they have got a license now?
Alan Johnson
愛爾蘭
2025-11-21
ANSWER Dear Investor, Yes, Lotas Capital currently claims to be licensed by the MWALI International Services Authority (MISA). Our investigation confirms that Lotas Capital Ltd is indeed listed in MISA’s registry, and the official website on file with the authority matches the platform’s domain. However, it is important to bear in mind that MISA is an offshore regulatory body with limited international recognition and relatively weak supervisory standards. As such, holding a MISA license does not provide robust assurance of regulatory compliance, operational transparency, or investor protection. Therefore, even though the broker appears to be formally regulated, we strongly advise you to exercise caution when considering trading with Lotas Capital.
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Hello, my question: do they have mini account?
Md Arif Hossain
尼泊爾
2022-07-17
ANSWER Lotas Capital is not a licensed or regulated broker even though it states offers that look good to be true. Lotas Capital claims it was founded in 2017. However, when we checked its domain, we found it was created on 26 Aug 2019. So how could it start its business in 2017? It is a red flag here.Besides, Lotas Capital shows its office address is in St. Vincent & the Grenadines. but we did not find any match results to Lotas Capital in St. Vincent & the Grenadines Financial Services Authority (SVG FSA). What's more, SVG FSA does neither issue licenses for forex trading nor regulate entities offering forex activities.The truth is, Lotas Capital is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Lotas Capital and trade with licensed brokers.
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