Does Wobo Capital pay out?
The verdict, the risk score and the figures behind them.
We found something serious: a payout pattern, a severe clause, or regulator action.
We could not evidence a single payout from Wobo Capital, and the UK company that operates it has been struck off the register while the checkout is still selling challenges.
- The brand is operated by Paxwix Payment Technology Limited (SC840820, Glasgow). Companies House records a compulsory strike-off: first gazette notice 7 July 2026, dissolved 1 September 2026.
- Zero dated, attributable payout artefacts exist. There is no review-platform profile for the domain, no community server, and no independent trader reports at all.
- The homepage advertises a 20% maximum drawdown; the rules page sets a 10% trailing drawdown. That is the number that decides whether an account survives.
- The profit split, the single most important commercial term, is not published anywhere on the site.
- An 'as seen on' strip names Forbes, Bloomberg, CNBC and the BBC. We found no coverage of this firm in any of them.
Risk breakdown
Six axes, each scored 1-10. Higher means more risk.
Six axes, scored 1 to 10, where a higher number means more risk. Being unregulated is normal for a prop firm and is not scored against them.
- Identity & transparency9/10
Operating company dissolved by compulsory strike-off, no company number or team published, a serviced mail address, a rival brand name left in the rules, and an unsupported claim of coverage by Forbes, Bloomberg, CNBC and the BBC.
- Payout8/10
Zero evidenced payouts across four sources, only the firm's own undated certificates and leaderboard, and the legal entity that would owe the money has ceased to exist. No complaints were found either, which is why this is not higher.
- Terms & rug-pull risk9/10
Unrestricted amendment right, final and unappealable internal risk decisions inside a seven day window, termination without refund, an undisclosed profit split and a drawdown figure that differs between the sales pages and the rules. The published 35% and three times lot thresholds are credited against this.
- Trading conditions8/10
No trading platform named anywhere, a broker referenced but never identified, and a rules page describing a demo account 'linked to live funding' against a site notice stating virtual funds only.
- Reputation7/10
No independent trader reports exist on any platform, positive or negative, while the site carries looping initials-only testimonials and an unsupported press strip. Manufactured social proof with nothing external to weigh it against.
- Operational & social9/10
No social or community presence of any kind, email as the only support channel, and a live competition still promoted on the homepage seven months after its January 2026 end date showing zero participants.
Payout reality
Whether the money actually arrives, and what we could evidence.
Nothing has been evidenced. We found no dated, attributable record of money leaving this firm to any trader, and the entity that would owe that money no longer exists on the UK register.
- What the firm claims: three payout certificate graphics on the homepage naming Samuel K. at $175, Precious N. at $55 and Fatima H. at ₦60,000, plus a leaderboard of fourteen names with amounts. None of them carries a date, a certificate identifier or anything that can be checked. They are the firm's own artwork about its own performance.
- What we could verify: nothing. The domain has no profile on any independent review platform. Searches of trader forums and prop-firm directories return no discussion of this firm at all, positive or negative. There is no public community channel where payouts could be posted.
- The absence cuts both ways, and we say so plainly: there are also no complaints. We found no report of a refused payout, no breached account, no advance-fee demand. This is unevidenced, not a confirmed failure, and it should not be read as one.
- What makes it worse than youth alone: a firm eighteen months old with no payout trail would be ordinary. Here the operating company was placed under compulsory strike-off on 7 July 2026 and dissolved on 1 September 2026, having never filed a confirmation statement or accounts, while the storefront continues to sell evaluations and the terms page carries a current date. A trader who passes and requests a payout would be pursuing a company that has ceased to exist, under an arbitration clause pointing at Glasgow.
- The marketing contradicts the rules: the homepage promises payment 'within 24 hours of your request' with 'no delays, no hidden rules', while the rules require 30 active trading days before the first request is even eligible.
How the program works
The evaluation, the funded phase and what the firm keeps.
A two-phase evaluation bought outright for a one-off fee, priced in naira, with account sizes denominated in naira rather than dollars.
- Price and size: Starter ₦8,999 for ₦100,000, Rising ₦35,000 for ₦500,000, Pro Trader ₦60,000 for ₦1,000,000, Senior ₦130,000 for ₦2,500,000, Elite ₦220,000 for ₦5,000,000.
- Phase 1: 20% profit target, minimum 5 trading days spread across the phase.
- Phase 2: 10% profit target, minimum 5 trading days across at least two separate weeks.
- Drawdown: the rules set a 10% trailing maximum drawdown from highest equity and a 5% daily loss limit including floating losses. Every pricing card and the hero banner instead advertise 20%.
- Consistency: no single day may exceed 35% of the profit target, and no single trade may exceed three times the average lot size for the phase. Both are published numbers, which is better practice than most of this market.
- Payout: once per calendar month, first eligible only after 30 active trading days on the funded account. The profit split itself is never stated.
- Payment: Nigeria bank transfer, Ghana mobile money, or USDT. No card checkout is offered.
Who they are
The company behind the brand, and where it is registered.
- Brand: Wobo Capital
- Legal entity: The site says only 'Paxwix Technology UK' and publishes no company number. The registry entity matching that name and address is PAXWIX PAYMENT TECHNOLOGY LIMITED.
- Registered: Company number SC840820, Scotland, incorporated 11 March 2025. Status: dissolved via compulsory strike-off, 1 September 2026. The only document ever filed was the incorporation, on GBP 1 of capital.
- Registered address: Office 986, 3 Fitzroy Place, 1/1 Sauchiehall Street, Finnieston, Glasgow G3 7RH, a serviced mail address. The site shortens this to '3 Fitzroy, Glasgow Central'.
- Website: wobocapital.online
- Team disclosed: Nobody. The site names no founder, no risk manager and no support staff. The registry shows one director, Muili Seun, a Nigerian national resident in Nigeria, appointed 11 March 2025, with a Companies House identity verification deadline of 24 March 2026 that passed unmet.
- Who it accepts: Nigeria and Ghana first, priced in naira with a USD option; US residents excluded by the site notice.
Company on record
The legal entity named in the terms, as found on a public registry.
- Legal name
- PAXWIX PAYMENT TECHNOLOGY LIMITED
- Registration number
- SC840820
- Jurisdiction
- United Kingdom (Scotland)
- Incorporated
- 2025-03-11
- Registered address
- Office 986, 3 Fitzroy Place, 1/1 Sauchiehall Street, Finnieston, Glasgow Central, United Kingdom, G3 7RH
- Registry
- UK Companies House
Why this verdict
How the findings add up to this verdict.
Two things drive this: the operating company has been struck off, and every commercial promise the firm makes is either contradicted elsewhere on its own site or unsupported.
- The legal counterparty was dissolved by compulsory strike-off, the outcome for a company that stops filing. It never filed anything after incorporating.
- The site publishes no company number, no team and no named broker, so a trader cannot identify who owes them money before they pay.
- The drawdown figure differs between the sales pages and the rules, and the rules page still carries the name 'PropCapital', which is not this brand.
- The profit split is not published at all. The rules point to a pricing section that does not contain it.
- The terms reserve an unrestricted right to amend and hand final say on any violation to an internal risk team with a seven day dispute window.
- An 'as seen on' strip names Forbes, Bloomberg, CNBC and the BBC. No coverage of this firm exists in any of them.
- There is no community channel and no independent trader anywhere discussing this firm, so nothing external corroborates a single one of its claims.
Counterpoints
The strongest case in their favour, and what would change our mind.
The case in their favour
The honest case in its favour is narrower than the case against, but it is real and worth stating.
- It is genuinely a prop firm, not a broker in costume. We looked specifically for deposit machinery and found none: no cashier, no funding or wallet page, no live account option at signup, no client-money language in the terms, and no named live trading server. The site notice states in plain words that accounts are simulated with virtual funds and that the firm does not accept deposits. Many firms obscure exactly this.
- Two of its rules are published as numbers. The 35% single-day profit cap and the three times average lot size limit are the sort of stated thresholds that take the undefined consistency mechanic away from the firm. That is better than the industry norm.
- The rules page limits rule changes to new purchases. As written, changes 'apply to new purchases only unless required by regulation', which is a protection most competitors do not offer.
- Naira pricing and local payment rails solve a real problem. A ₦8,999 entry point and mobile money funding genuinely widen access for West African traders locked out of dollar-card checkouts.
- No trader has publicly accused it of anything. There is no complaint record, no dispute pattern and no regulator has acted against it.
What would change our mind
Specific, checkable things, in both directions.
- Upward: a live UK or Nigerian company registration published on the site with its number, replacing the dissolved entity.
- Upward: the profit split stated as a percentage on the pricing page, and the drawdown figure reconciled to one number across the homepage and the rules.
- Upward: two or more dated payout artefacts from identifiable traders on an independent platform, answering follow-up questions, within a quarter.
- Upward: the 'as seen on' strip either substantiated with links to the actual articles or removed.
- Downward: a first report of a payout requested and refused, or of an account breached only once a withdrawal was asked for.
- Downward: the checkout continuing to take money while support stops answering, or the site switching to crypto only.
- Downward: any regulator naming this domain or Paxwix Payment Technology Limited.
Evidence ledger
Every finding behind the verdict, with its source.
- Against
E1Paxwix Payment Technology Limited (SC840820), the company whose registered address matches the site, was dissolved by compulsory strike-off. First gazette notice 7 July 2026, final gazette 1 September 2026. The only filing since incorporation on 11 March 2025 is the incorporation itself.
Hard proofUK Companies House filing history - Against
E2The site names its operator only as 'Paxwix Technology UK' with no company number, and lists a single sole director on the registry, Muili Seun, resident in Nigeria, whose identity verification deadline of 24 March 2026 passed unmet. No person is named anywhere on the website.
- Against
E3The rules page sets 'Maximum overall drawdown: 10% trailing from your highest recorded equity' while the hero banner and every pricing card advertise a 20% maximum drawdown. The number that determines whether a funded account survives differs by a factor of two between the firm's own documents.
- Against
E4The rules page states 'Profit split: as communicated on the website pricing section', and no profit split percentage appears anywhere on the pricing pages, the homepage or the terms. The core commercial term of the product is unpublished.
- Against
E5The rules page closes with 'PropCapital reserves the right to update rules at any time', naming a different brand entirely. The site also sells a white-label service supplying servers, bridging, CRM and certificate generation, indicating the storefront is an unedited instance of a resold template.
- Against
E6An 'as seen on / trusted media and fintech partners' strip lists Forbes, Bloomberg, CNBC, BBC, Fox23, Fox34, Punch, Vanguard and others as plain unlinked text, including the misspellings 'Digital Jornal' and 'Arise New'. No coverage of this firm was traceable in any named outlet.
StrongWobo Capital homepage - Against
E7The terms reserve an unrestricted amendment right and allow immediate termination without refund, while the rules make internal risk team decisions final within a seven day dispute window. No appeal path exists outside binding arbitration in Glasgow.
- Against
E8No profile exists for the domain on any independent review platform, and searches of trader forums and prop-firm directories return no discussion of the firm. The only payout artefacts are three undated certificate graphics and a fourteen-name leaderboard with no dates, both published by the firm itself.
- Against
E9The site publishes no social or community account of any kind and offers only an email address for support. The homepage still promotes a 'Jan CIO Challenge' running 2 to 31 January 2026, showing zero participants, seven months after it closed.
- In favour
E10The firm passes the deposit test: no cashier, funding, wallet or live account page exists, registration offers only an evaluation, the terms contain no client-money language, and the site states plainly that accounts are simulated with virtual funds and that it does not accept deposits. Checkout takes a one-off evaluation fee only.
Official channels
Official accounts and the captures we archived.
What we captured
Screenshots taken by WIKILIX on the review date. Pages change; these do not.
Questions about Wobo Capital
The questions traders actually ask about this firm.
We could not evidence it. Every payout figure on the site is the firm's own undated artwork, and no independent trader report exists anywhere. That is unproven rather than proven bad, but it means nobody has publicly shown money arriving.
It is not published. The rules page says the split is 'as communicated on the website pricing section', and the pricing section does not state one. Ask in writing before paying.
The rules require a minimum of 30 active trading days on the funded account before the first payout is eligible, then once per calendar month. The 24 hour figure on the homepage is the processing time after approval, not the wait.
No platform is named anywhere on the site. The rules refer to instruments and leverage 'supported by our broker' without naming a broker, while the site notice says all accounts are simulated with virtual funds.
The testimonials repeat verbatim in a loop and carry only initials and a city. The 'as seen on' strip lists Forbes, Bloomberg, CNBC, the BBC and several Nigerian outlets as plain text with no links, and includes at least two misspelled names. We found no coverage of this firm in any of them.
Paxwix Payment Technology Limited, the Glasgow company whose name and address match the site, was placed under compulsory strike-off on 7 July 2026 and dissolved on 1 September 2026. The website has continued selling evaluations through that period.
The homepage and every pricing card say 20%. The rules page says 10% trailing from your highest recorded equity, plus a 5% daily loss limit. Assume the rules page governs, because that is the document the risk team will cite.
The pricing cards say the fee is refundable. The terms say fees are non-refundable once you have placed your first trade. The two documents contradict each other.
We found no regulator action, warning-list entry or enforcement naming this firm, this domain or Paxwix Payment Technology Limited. Being unlicensed is the ordinary position for a prop firm and is not itself a concern here.
No. We checked the funding pages, the signup flow and the full terms and found no deposit rails, no live account option and no client-money language. The fee buys an evaluation and nothing else, which is the correct prop-firm structure.
What we would do
What we would do with our own money.
Do not buy an evaluation here on the current facts.
- Treat the payout as unproven. No trader has publicly shown money arriving from this firm.
- Understand who you would be contracting with. The UK company behind the brand was dissolved on 1 September 2026, and the site publishes no replacement entity and no company number.
- Before spending anything, ask support in writing for the profit split percentage, the correct maximum drawdown, and the registration number of the company that will pay you. Keep the reply.
- Read the rules page and the terms page together, not separately. They disagree on drawdown and on whether the fee is refundable.
- If you have already paid, request your payout as soon as you are eligible, keep dated screenshots of the account and every message, and use a payment method that offers some recourse.
- Prefer firms that publish a live registered entity, a named team, a stated profit split and a public payout channel you can read before you pay.