Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighHolds one genuine, own-name registration confirmed on the issuer's register with a matching website, but MISA is a non-supervisory island registrar with no client-money protection, and the certificate's stated term ended in March 2025 with no renewal recorded.
Identity & transparency
6/10 · HighCompany number, registered office and beneficial owner are all disclosed on the register, which is a real credit; against that, the trading address is a private apartment in Tbilisi, it replaced a Montenegro address without explanation, and the site names no staff.
Withdrawals & conduct
3/10 · LowNot one fund-integrity or service complaint on any platform checked, and no advance-fee demands; scored low but not clean because the silence reflects an absent client base rather than a demonstrated record of paying people out.
Reputation
6/10 · HighNo Trustpilot page, no forum discussion, no directory entry and no reviews of any kind, positive or negative, for a firm describing itself as a leading forex provider.
Website claims
7/10 · HighPromises a customer panel and fifteen-minute withdrawals that the site cannot support, calls a non-supervisory registration strict regulatory standards, and has carried placeholder text and unfinished deposit and demo pages since May 2024.
Operational history
5/10 · ModerateAbout two and a half years of verifiable existence from the domain and licence dates, with no incorporation date obtainable, so the figure is an upper bound; no predecessor brand and no rebrand found.
Who they are
A quick desk file on the company behind the brand.
- Brand: Off Capital Trading
- Legal entity: Off Capital Trading LTD, company number HT00224021
- Registered: Bonovo Road, Fomboni, Island of Moheli, Union of the Comoros
- Listed office: Al. Kazbegi Ave. No. 15, Block C, Apartment #83, Tbilisi, Georgia. Until 2025 the site showed an address in Podgorica, Montenegro instead. The contact number remains a Montenegrin mobile, +382 67130388.
- People: the licensing register names Aydin Saral of Istanbul, Turkey as both chief executive and ultimate beneficial owner. The website itself names nobody.
- Website: offcapitaltrading.com, registered 7 March 2024
- Only licence: Mwali International Services Authority (Comoros), BFX2024036, issued 7 March 2024
- Offers: forex, indices, commodities, precious metals and crypto CFDs on MetaTrader 5, leverage up to 1:500, spreads advertised from 0.1 pips
- Not accepted: residents of Turkey, the United States and North Korea
- Age claim: none. The site publishes no founding year, though it calls itself a leading forex trading provider.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Mwali International Services Authority (MISA)
Why we reached this verdict
How the evidence adds up.
Two things drive this rating, and neither is a finding of wrongdoing.
- The operation is young. The domain was registered on 7 March 2024, the first security certificate was issued four days later, and the first archived copy of the site dates from April 2024. That is about two and a half years of verifiable history. The Mwali company registry publishes no searchable company file or incorporation date, so the age rests on the domain alone and should be read as an upper bound rather than a confirmed figure.
- There is no community trace at all. Trustpilot has no page for this website. We found nothing on Reddit, nothing on ForexPeaceArmy, nothing in the MetaQuotes community and no entry in the broker directories. That is not the same as a clean record. A brokerage with real clients leaves some mark, positive or negative, and this one has left none.
- On the evidence we gathered the score came out at 59 percent. A young operation with no verifiable client base carries risk that a thin evidence file understates, so the published figure is 65 percent. We want to be plain about what that number means: it is a measure of what could not be established, not an accusation.
What we did establish adds to the caution rather than relieving it.
- The licence is real but nearly empty of value. The authority's register lists Off Capital Trading LTD under BFX2024036 with offcapitaltrading.com as its website, so the credential belongs to this company. MISA is a registrar for an autonomous island, not a functioning conduct supervisor. Its brokerage list holds 258 entries, none issued after 2024, and 252 of them are marked Active with no cancellation or lapse recorded anywhere on it. The certificate for this company states a term ending 7 March 2025 and shows no renewal.
- The site describes facilities it does not have. The FAQ tells clients they can raise withdrawal requests automatically through a customer panel on the website. There is no customer panel. There is no login, no client area and no trading portal on this domain or on any subdomain of it, and none appears anywhere in two and a half years of archived pages. For someone deciding where to send money, that is a material misstatement.
- Deposits go to unnamed bank accounts. The instruction is to transfer funds to the firm's affiliated bank accounts. No payment provider is named, no account holder is identified and there is no statement that client money is held separately from the company's own.
- The site has never been finished. The Deposit and Withdrawals page and the Demo Account page have both said 'This page is being updated' since May 2024. The homepage still carries the standard printer's placeholder paragraph under a heading about why you should work with them. The social media icons link to bare facebook.com, instagram.com, twitter.com and linkedin.com addresses, and the WhatsApp button is wired to the number 000. MetaTrader 5 is promoted across the site with no download link, no server name and no listing we could find in the MetaQuotes broker community.
- The trading address is a private flat. The company gives its office as Block C, Apartment #83 on a residential avenue in Tbilisi, having previously given an address in Montenegro, while its owner is recorded in Istanbul and its phone number is Montenegrin. A firm inviting bank transfers should be locatable.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The licensing authority's register lists entry 170 as Off Capital Trading LTD, licence BFX2024036, issued 07/03/2024, status Active, with the website field linking to offcapitaltrading.com. The licence is therefore genuinely this company's own and matches the site we investigated.
E2The authority's verification record gives company number HT00224021, a licence term of 07 March 2024 to 07 March 2025, and names Aydin Saral of Istanbul as chief executive and beneficial owner. No renewal is recorded. Every entry on this register carries a 2025 end date and an Active status, so the standing of the licence today cannot be confirmed from it.
E3The same register publishes the company number, registered office and the named beneficial owner. Disclosure at that level is more than most offshore registrations provide and counts in the company's favour on transparency.
ModerateMISA licence verification recordE4Licence BFX2024035 on the same register belongs to Profit Peak Ltd and BFX2024037 to EarnoTrade Ltd. The number this broker advertises has not been taken from another company, and no identity misuse was found.
E5The register holds 258 brokerage entries, none issued after 2024, of which 252 are marked Active with no cancellation, expiry or suspension recorded against any entry. An authority that never removes a licensee cannot tell a client who is still permitted to trade.
E6The domain offcapitaltrading.com was registered on 7 March 2024 through Name SRS AB and runs on DigitalOcean nameservers. That is the same week the licence was issued and places the whole operation at about two and a half years old.
E7The earliest certificate ever issued for this domain dates from 11 March 2024, and the only names ever certificated are offcapitaltrading.com and www.offcapitaltrading.com. No client portal, login or trading subdomain has ever existed.
E8The broker's FAQ states that withdrawal requests are raised automatically through a customer panel on its website. No customer panel, login or client area appears anywhere on the site, on any subdomain, or in any archived copy of it. The facility promised to depositors does not exist.
E9The same FAQ instructs clients to deposit by transferring money to the firm's affiliated bank accounts, with their name and account number in the reference. No payment provider is named, no account holder is identified, and nothing states that client funds are held separately from the company's own money.
E10The Deposit and Withdrawals page and the Demo Account page both display only the sentence 'This page is being updated'. The archived copy from May 2024 shows the identical text, so these pages have been empty for about twenty eight months while the site invites people to open accounts.
E11The homepage still carries the standard printer's placeholder paragraph beneath the heading about why you should work with Off Capital Trading, and it was present in the May 2024 archive too. The social media icons point to bare facebook.com, instagram.com, twitter.com and linkedin.com addresses, and the WhatsApp contact is wired to the number 000.
ModerateOff Capital Trading homepageE12The company gives its trading office as Al. Kazbegi Ave. No. 15, Block C, Apartment #83 in Tbilisi, a private flat on a residential avenue, while its phone number is Montenegrin and its owner is recorded in Istanbul. The archived homepage from May 2024 shows a Podgorica address in the same slot, so the office moved without explanation.
E13Trustpilot holds no page for offcapitaltrading.com at all, which means no client has ever reviewed it there. We also found no discussion on Reddit, ForexPeaceArmy or the MetaQuotes community and no entry in the broker directories. There are no complaints and equally no positive reviews.
E14No regulator warning, alert-list entry, enforcement action or fraud-related court record names this company, this website or this licence number. The sweep covered the British, Spanish, Italian, German, Australian and American lists and the Turkish access-blocking notices.
E15The site's server at 165.232.74.174 hosts this domain and nothing else, and distinctive sentences from the site appear nowhere else on the web. There is no sign of a shared scam template or a cluster of sibling brands, and the register carries no other company under the same owner.
E16MetaTrader 5 is promoted on its own page and across the site, but that page carries no download link, no server name and no account details, and we found no listing for this broker in the MetaQuotes community. Nothing independently confirms a live trading server exists.
The other side
The strongest case in this broker’s favour.
The case for this broker is stronger than the rating suggests, and it deserves stating fairly.
- The licence is genuinely its own. We checked the numbers either side of it on the register. BFX2024035 belongs to Profit Peak Ltd and BFX2024037 to EarnoTrade Ltd. Nothing here is borrowed from another company, and the register itself links the licence to this exact website. Many of the operations we investigate fail that test.
- Ownership is disclosed. The register publishes the company number, the registered office, and the name and city of the chief executive and beneficial owner. A great many offshore shells hide all of that behind nominees.
- Nothing adverse exists on the public record. No regulator warning, no enforcement action and no fraud-related court record names this company, this website or this licence number. We swept the main European, British, Australian and American warning lists and the Turkish access-blocking notices and found nothing.
- Nobody reports losing money. There are no withdrawal complaints, no frozen-account reports and no demands for a payment before funds are released. On the record we can see, no client has been harmed.
- It is not part of a scam network. The site sits alone on its own server with no other domains beside it, its text does not match any template we could find in use elsewhere, and it has run under one brand and one entity since launch with no rebrand and no predecessor.
- An unfinished website is not a theft. A small firm that never properly launched, or one that sells through a call centre rather than a web funnel, would look much like this. That reading is entirely consistent with what we found.
What would change this
What we would need to see to revise the verdict.
This rating is not fixed. Concrete things would move it.
- Lower it: a working client area and a published, specific deposit and withdrawal page naming real payment providers; a renewed entry on the Comoros register with a current term; an independently confirmed office at the Tbilisi address; a body of genuine client reviews across more than one platform showing withdrawals being paid; and above all a licence from a tier-one or tier-two authority such as the FCA, CySEC, ASIC or the FSCA.
- Raise it sharply: any credible report of a withdrawal refused, delayed or reversed; any request for a tax, fee or insurance payment before money is released, which is the single most incriminating pattern in this business; a regulator warning naming offcapitaltrading.com; evidence of cold calling or a WhatsApp or Telegram sales funnel; or the appearance of the same people and phone number behind a new brand.
- Settle the age question: a dated incorporation record for Off Capital Trading LTD would replace an upper-bound estimate with a real figure.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
MISA licence verification record for Off Capital Trading LTD
The authority's own record showing the licence number, company number, owner and licence term.
MISA list of authorised brokerage companies
The full register this broker appears on, at entry 170.
Off Capital Trading licence and regulations page
What the broker itself claims about its regulation.
Off Capital Trading deposit and withdrawal FAQ
Where the broker explains how money goes in and comes out.
Frequently asked questions
Quick answers about this broker’s safety.
Is Off Capital Trading a scam?
We found no evidence that it is. There are no withdrawal complaints, no regulator warnings and no enforcement actions against it. We rate it high risk at 65 percent because it is a young operation with no verifiable clients and only a Comoros registration, which means very little can be confirmed either way. High risk and proven scam are different things, and this is the first.
Is Off Capital Trading a fraud?
No regulator or court has made any finding of fraud against Off Capital Trading, and we found no fraud-related record naming the company, its website or its licence number. We did find claims on its site that do not match reality, such as a customer panel that does not exist. That is a reason for caution, not a finding of criminal conduct.
Is Off Capital Trading regulated?
It holds one registration, number BFX2024036, from the Mwali International Services Authority in the Comoros. We confirmed it on that authority's own register, linked to this exact website. MISA is a company registrar on an autonomous island rather than a working financial supervisor, and the Comoros central bank has publicly disavowed its licences, so the practical protection is close to none.
Is my money safe with Off Capital Trading?
There is no safety net. A Comoros registration brings no compensation scheme, no requirement to keep client money in a separate account and no effective complaints process. The site also asks you to wire deposits to unnamed affiliated bank accounts. If a dispute arose over your balance, you would have very little recourse.
Can I withdraw my money from Off Capital Trading?
We cannot confirm it either way, because no client has publicly reported trying. The FAQ promises withdrawals within about fifteen minutes through a customer panel on the website. We could find no customer panel, login or client area on that website at all, which makes the promise impossible to verify.
Who owns Off Capital Trading?
The licensing register names Aydin Saral of Istanbul, Turkey as both chief executive and ultimate beneficial owner of Off Capital Trading LTD. The website itself names no directors, managers or staff. Publishing the owner on the register is more transparency than many offshore firms offer.
How old is Off Capital Trading?
About two and a half years. The domain was registered on 7 March 2024, the first security certificate followed on 11 March 2024 and the licence was issued the same week. The Comoros registry publishes no incorporation date, so that figure is an upper bound rather than a confirmed history.
What is a MISA licence actually worth?
Very little. The Mwali International Services Authority registers companies on an autonomous Comoran island and does not supervise how they treat client money. Its brokerage list has 258 entries, none added since 2024, and marks 252 of them Active with no cancellation or lapse recorded against any of them. A register that never removes anyone cannot tell you who is still fit to trade.
Has the Off Capital Trading licence expired?
The authority's certificate for this company states a term running from 7 March 2024 to 7 March 2025, and no renewal appears on the record. The register still shows the status as Active. Every entry on that list carries a 2025 end date and an Active status, so the register is stale rather than singling this firm out, but it means the current standing of the licence cannot be confirmed.
Is Off Capital Trading a clone of another broker?
No. We checked the licence numbers immediately either side of BFX2024036 and they belong to two different companies, so this number has not been lifted from anyone. The brand does not copy a well-known firm and the register links the licence to this exact website.
Why does the website look unfinished?
Because it is. The Deposit and Withdrawals page and the Demo Account page have both read 'This page is being updated' since May 2024, the homepage still shows standard printer's placeholder text, the social media icons point at empty addresses and the WhatsApp button is set to the number 000. Two and a half years is a long time for a firm asking for bank transfers to leave those gaps.
Does Off Capital Trading really offer MetaTrader 5?
It advertises MT5 across the site, but we found no download link, no server name and no listing in the MetaQuotes broker community. Without a named trading server there is no way for an outsider to confirm that a live trading operation exists behind the marketing.
What should I check before depositing with any broker?
Confirm the licence on the regulator's own register, not on the broker's website, and check that the register names the same company and the same web address. Make sure the payment account is in the broker's own name. Test a small withdrawal early. And treat any request to pay a tax, fee or unlock charge before your funds are released as a stop signal.
What do I do if I have lost money to a broker?
Gather everything first: dates, amounts, the account names you paid, and all correspondence. Report it to the police and to the financial regulator in your own country, and ask your bank or card issuer about a chargeback straight away, since the window is limited. Never pay a recovery agent who asks for money upfront, because that is a second scam aimed at the same victims.
What we recommend
The practical takeaway from everything above.
We would not deposit money here, and we would not tell a reader to.
- Do not send funds by bank transfer to an account whose holder you have not been told. If the account name does not match Off Capital Trading LTD, stop.
- Ask for the client portal before anything else. The site promises one. Ask for the link, log in, and confirm you can see a withdrawal function before a single payment is made.
- Understand what the licence gives you. A Comoros registration carries no compensation scheme, no requirement to hold your money apart from the company's own, and no realistic dispute process. If there is a disagreement about your balance, there is no regulator to take it to.
- If you already hold a balance, request a small withdrawal now and keep every record: dates, amounts, account names and message threads. If the payment is refused, delayed or met with a request for a further payment, stop depositing and report it to the police and to the financial regulator where you live.
- Prefer a supervised alternative. Brokers licensed by the FCA, CySEC, ASIC or the FSCA offer segregated client money and a complaints route. For most people that difference matters more than any spread.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 22, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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