Wikilix
EA Capital logo

EA Capital

Suspicious Clone
South Africa
,
Since 2023
Last Updated:
43/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
500
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 16%, 2: License 61%, 3: Software 51%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
16%Poor
License
61%Fair
Software
51%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:EA Capital
Founded:2023
Headquarters:South Africa
Enterprise Offices:1offices

Customer Support

Phone:
+27 (83) 255–3014
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

Company Profile

EA Capital operates through its website at eacapital.co.za. According to its own page, the company is an authorized and regulated Financial Services Provider (FSP) and Crypto Asset Services Provider (CASP) in the Republic of South Africa with local regulation by the Financial Sector Conduct Authority (FSCA), and under supervision by the Financial Intelligence Centre (FIC SA).

They represent a hybrid service model, combining traditional banking-style services with digital asset/crypto services and FX/hedging services in one offering targeted at providing currency risk management, alternative investments, and crypto/digital-asset investments to clients and small/medium enterprises.

Regulation & Safety

• Considering South African regulation, the firm allegedly holds FSCA/CASP licensing.

• In independent broker-tracking databases, such as a listing on a forex-broker directory, for example, EA Capital is flagged as having a "suspicious regulatory license / high potential risk."

• According to those directories, the regulatory credentials are "unverified."

• Lack of verifiable, credible regulation impairs confidence in fund-safeguarding mechanisms—segregated accounts, deposit insurance, negative-balance protection—which are either not clearly documented or not independently confirmed.

Services & Instruments

It offers a wide range of services in foreign exchange, hedging, digital assets/cryptocurrencies, alternative investments, and "liquidity-provider / secured financing" services.

• On its website, EA Capital highlights "Digital Asset Investments", by which it means trading or investing in cryptocurrencies and other digital assets - but mentions that crypto is a financial product according to South African regulation and not legal tender, and crypto investments carry high risk.

This company works in the SME segment, offering relatively inexpensive management of currency risk and "alternative investments and private deal-flow" to clients seeking assets other than traditional ones.

Transparency & Client Fund Safety

• Contact details and a physical address in Cape Town are publicly listed: “401 San Michelle, 52 Victoria Road, Clifton, Cape Town, South Africa.”

Customer support is provided over the phone and by email, suggesting some infrastructural legitimacy.

• That said, independent reviews note that EA Capital's claims of regulation appear to be a "suspicious clone," insomuch as there is no confirmed register entry matching their license number in a verifiable way.

Because of this, there is no clear public evidence of investor safeguards such as client-fund segregation, negative-balance protection, or an independent audit.

User Feedback & Reputation

Certain factors include an extremely low overall score on the broker-tracking website on which the firm is listed, such as 2.03 / 10, with warnings regarding regulatory authenticity and high potential risk.

• Although the website claims FSCA license number 49425, this license — according to external checkers — is flagged as unverified/“clone,” which strongly undermines the credibility of the firm.

• There is very little transparent, publicly verified feedback from actual clients, making it difficult to assess the track record, withdrawals, performance, or user satisfaction of each independently.

Pros & Cons

Pros - What EA Capital claims or offers Cons/Risks & Red Flags

Licensed as FSP/CASP under South African regulation - so they claim Regulatory license flagged as “suspicious/unverified” by independent directories

Diverse offering: FX/hedging, crypto/digital assets, alternative investments, services for SMEs Lacking in clear documentation of investor protections (fund segregation, negative balance protection, audits)

Public contact information and physical address in Cape Town: Provided; Very low independent trust/reputation score; limited/no verified user feedback or reviews

Product provides a mix of traditional finance + digital assets/crypto; might be interesting to diversified/institutional investors. A very limited operating history of just a few years, combined with the classification of "suspicious clone", increases manifold the risks for retail clients.

Risk Assessment

Currently, EA Capital exhibits one or more of the following features that are considered typical of a high-risk broker or investment service provider for retail and/or small clients. Among them are: unconfirmed regulatory licensing, a lack of transparent mechanisms that guarantee the protection of funds; limited independent confirmation of performance and user reviews; generally low trust rating in industry databases.

Even though EA Capital claims to be regulated and offers a broad product portfolio, the doubts surrounding its legitimacy raised by external watchers make it much riskier compared to well-established, clearly regulated brokers.

Conclusion

This may make EA Capital particularly attractive to those users who like the mixture of traditional and digital-asset offerings it purports to have, along with its range of services on offer. With the uncertain regulation, lack of publicly verifiable proof of the safety of funds, and low trust ratings, though, it is best to exercise extreme caution with EA Capital. For traders or investors, especially those investing larger funds, it is wise to favor brokers whose regulation is fully verified and transparent, who have clear fund-protection mechanisms in place, and an established track record.

Regulatory Licenses

Compliance & oversight

1 license
South Africa
FSCATier 2
South Africa#49425
License Details
Type:Financial Service Corporate
License #:49425
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

No Funding Methods

Funding method information is not available for this broker yet.

Trading Platforms

Professional trading tools

2 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with EA Capital: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark EA Capital at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for EA Capital

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

EA CAPITAL LLC

Comoros
active

Registration

L18031922

Established

2012-11-13

Comments

Share your thoughts and experiences with EA Capital