Lotas Capital Ltd, which owns this platform, positions itself as a reliable broker with many years of experience. According to the information on the website, this firm is registered under the number HY00823423 in the Comoros Islands, and its activities are regulated by the Mwali Authority (MISA) with license number T2023347. In addition, the intermediary claims to have been operating since 2017. However, the domain lotascapital.com was created much later – on August 26, 2019.

Can you trust your money to this company? How profitable and safe is trading with the dealer? Let’s get to the bottom of this.

Trading Conditions

Lotas Capital offers its clients access to trading currency pairs and CFDs through the MetaTrader 5 platform. The company’s website lists the following conditions:

5 account types, including ECN accounts and swap-free accounts.
Starting deposit $100.
Minimum lot 0.01.
Leverage from 1:200 to 1:400.
No swaps for major currency pairs.

The broker offers an IB referral program as well as a 100% margin bonus on the first deposit. According to the information on the website, withdrawals take 30 minutes.

It is worth noting that the broker does not provide information about spreads, commissions, and other important parameters for clients to decide on cooperation.

The website has forex calculators, an economic calendar, and access to webinars. In addition, clients have access to trading signals, 24/7 multilingual support, and newsletters.

FAQ

Would investing in Lotas Capital offer the best returns?

Cooperating with this broker may cause you to lose your funds due to unknown basic trading conditions. In addition, you are taking a risk in CFD trading with a leverage of 1:400, which is limited to 1:30 in countries with strict regulatory oversight.

Does Lotas Capital carry out withdrawals?

It is difficult to answer this question unequivocally. However, judging by the reviews of deceived traders, they have never been able to return the invested funds. If you had an experience with this broker, please share it in the comments.

May I be scammed on lotascapital.com?

The risk of fraud is quite high. This is indicated by offshore registration, an ambiguous license, and a domain registration date, which does not correspond to the stated start of the company.

What's the best way to share my experience with Lotas Capital?

Fill out the form and we'll make sure your voice is heard.

How can I tell if this is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore

License: other

Leverage: 1:400

Broker type: ECN

Demo account: No

Affiliate program: Referral

Minimum deposit: 100$

Trading platform: MetaTrader 5

Assets: Forex, CFD

16 reviews about Lotas Capital

Stanley
April 17
You will not get your money back
This broker is blacklisted everywhere, so trading here is strictly forbidden! Invest your money if you don't feel sorry for it, but you will get nothing in return, that's how this forex trap and SCAM works.
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GarryX
April 15
Managers work against traders
It feels like their service is specially set up for clients to extort their deposits. In any case, this was the case for me. Therefore, I decided to try to connect my account to one manager to be a provider of transactions, i.e. banal copying. I chose the best one, he has been trading for 3 years without heavy drawdowns on lotascapital.com. However, as soon as I connected, he immediately wasted half of my deposit. Maybe not right away, but within a week it was definitely gone, and within about a month I had lost 50% of my account value based on his trades. Dude, is that cool?!?!! So, I've been trading for 2 years without any serious drawdowns, and all of a sudden I lost $8,630, which is half of my account!!! I found this very strange, and what's more, there is no contact to get in touch with this person. It feels like this whole thing was a set up. I connect and the crooks at LOTAS CAPITAL advise me on how to lose my deposit, taking my money in their pocket.
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James02
April 6
I should never have trusted my funds to these scammers, now I can't withdraw my money
So, I trusted this broker and what's the use? I have been trying to get back my 1,500 dollars invested for two weeks now. The verification staff has been checking my documents for 10 days and I can't withdraw without KYC, allegedly in accordance with AML&KYC policy. Why didn't they tell me this right away? That's the first question. And why is it taking so long? That's the second question. Guys, write back who also had their documents checked for a long time? Maybe LOTAS CAPITAL is stalling on purpose so that I can trade with this money until I can't withdraw it, but can only lose it? After all, they are also interested in me trading and spending money, not withdrawing capital. At least they will charge me more money in the meantime. By the way, I withdraw all my money from here, because I understand that it is better to trade through brokers who work under a European license. It will be safer and more reliable for me that way.
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Alyce Webb
March 14
The platform is just terrible!
There are technical glitches all the time on the terminal, especially when the market is moving and traders could make good money. This is the third time I missed a profitable trade because of their “technical work”. This is simply unacceptable! It feels like they have everything set up so that traders lose money.
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Justin Brown
March 13
The bonuses are just a common bait
Scammers are running this platform. Their training and extra bonuses are just a bait for gullible clients, which I was too, they offer preferential treatment for one purpose - so they can get rich off of you later ... I believed the scammers and got into trading on this platform because of the training, they acted cunningly, they gave me some money and then provoked me to deposit 3,800 dollars and then I spent half of that money, so I withdrew the rest and stopped cooperating with them.
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S. Arnold
March 11
Personal manager will help you lose your money
Trading on this site is not the most reliable way to make money on stock markets and forex. The thing is that I already lost 4.4k XRP in trading with this company, I wasted them in crypto trading with a personal manager who kept withdrawing my account in the red. This continued after every deposit and all my manager's advice was false and aimed at losing money.
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Damien
March 8
There are a lot of advantages and almost no disadvantages
I see a lot of advantages with this company. Here is my personal set of advantages:
- Type of trading platform. The broker provides a choice of either metatrader 4 or metatrader 5. Basically, they are not much different, but MT5 has more features. I just don't recognize the other platforms, I just like MT4/5.
- Regulations from Fincom. I have already encountered the work of this financial commission, and I understand perfectly well that it solves all issues in favor of the client, that is, the trader, and very quickly.
- Low spreads. Bid/Ask ratio plays an important role in the forex market, and here this indicator is one of the lowest.
Only one problem lotas capital has - there is no translation of the site into French, but this is just another reason to learn English :) because the whole planet speaks it.
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James Morris
March 6
I never thought a broker could be so brazen!
They constantly widen spreads during times of high volatility. As soon as there is some news, the spread increases 5 times! And then they wonder why people leave. I lost €217 in one trading session This is just robbery! Honest trading is impossible here!! I feel nothing but disappointment.
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Michael Mason
March 5
I have encountered fraud and fake quotes
I realized that fake quotes are here and you can't even expect to trade honestly. I worked with cryptocurrency and followed the real stats and what was happening on the Lotas Capital platform Everything is pure imitation! These scoundrels made me lose my balance by 870 USDT, and when I contacted their support team and said that I know how the broker embezzled my money, instead of apologizing I heard a lot of negativity and they just blocked my account. Basically, these crooks stole my money and blocked my profile without explanation. Overall, the situation really bothers me as no one is going to refund my money and unfreeze my account. You should not get involved with these uncool people.
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Mr. Hunter
March 3
Brutal liars
The brokerage organization is located in Bulgaria without a proper license, although they give the address of their office in this country. They also wrote that they have been operating since 2017, although in fact since 2019 - that's when the domain was created, and social media only appeared in 2020.
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Katrina W.
March 2
My Opinion
I have been trading with this broker for a couple of months now and I have a neutral impression. On the one hand, I am glad that the company's activity is controlled by regulatory authorities. It adds confidence in the reliability and safety of the broker. On the other hand, it is inconvenient that the available currencies for accounts are few at Lotus Capital. Because of this, I have to pay double conversion fees, which increases costs. I find this company reliable, but I would like to see more account currency choices.
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Theodore
February 25
Unfavorable trading conditions
You can trade through Lotas Capital only at a loss. The spreads here are huge, honestly, I haven't seen such big spreads in a long time. And at the same time, they also charge various commissions without paying attention to the spreads. It will be unprofitable for you to trade through this broker. I have my statistics of working with another broker for 5 years of trading - there the average percentage of income per month is +6.23%. I should note that I also keep statistics on lotascapital.com. I do it from the beginning of my trading here and after 6 months I see that the average income is +2.01%. That is, my situation is much better at another broker. Obviously, it's not about my trading abilities but about the conditions. Therefore, I decided that I need to stop trading at Lotas Capital. The conditions that this broker has do not suit me at all, I lose here twice as much in percentage of profit than I earn.
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Mr. Williams
February 23
Everything is fine here: it's licensed, guaranteed, and insured
First of all, this is a professional, legal and licensed broker. You can see the certificate by making an official request to Lotus Capital tech support. This document is issued by the Financial Commission, which implies not only the resolution of disputes and conflicts between traders and brokers, but also insurance up to €20k for each brokerage account. Thus, your money up to €20k is definitely protected. Secondly, the company has been in the market for several years. It is the largest market in Europe and some of my friends also trade here. The company has been on the market since 2017 and it's doing well. I trade currencies through Lotus, I prefer major currencies like EUR/USD, GBP/USD and USD/CAD. I trade intraday, I earn about 10% per month on deposits. I make 3-5 trades per day. I withdraw money once a month - 80% of net profit. They withdraw perfectly, no problems or delays. In the meantime, you will need to send documents to confirm your identity. However, this is not a problem either.
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Harriet
February 22
Typical scam!!!
Immediately suspected that Lotas had such nice bonus offers for a bad reason. Well I registered, got the bonus, and when it was time to withdraw my profits, my account was blocked. They said that I had violated some terms and conditions that nobody told me about at all. Typical scammers! Don't believe their ads - they just attract people and then abandon them.
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Rebecca Lewis
February 21
I hate to realize that the fraudsters scammed me
This company just helped me lose $12,000 dollars. Lotascapital.com is the website I will remember for the rest of my life. The fraudsters scammed me out of 12,000 and that to me is a huge amount of money that I have never been able to get back.
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Nielsen
February 20
Comfortable trading
I've been looking for a broker with a solid reputation and a variety of trading tools, and LOTAS CAPITAL fits the bill perfectly. It offers the MetaTrader 5 platform, which provides the flexibility I need for trading. The initial deposit of just $100 makes it easy to get started, and the 1 pip spread on the Gold account makes trading more profitable. I have appreciated their educational resources that help me develop my skills. Customer service is always available and answers all questions. This makes my trading experience more comfortable.
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