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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

F-wise Capital

South Africa South Africa | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.fwise.co.za/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

United States United States 2.67
Surpassed 15.50% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 010 271-2450
http://www.fwise.co.za/
1st Floor, 292 Surrey Avenue, Cnr Harley Street, Ferndale, Randburg, GAUTENG

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Africa
Operating Period
5-10 years
Company Name
F-WISE CAPITAL (PTY) LTD
Abbreviation
F-wise Capital
Employees
--
Email
forex@fwise.co.za
Contact Number
+270102712450
Address
1st Floor, 292 Surrey Avenue, Cnr Harley Street, Ferndale, Randburg, GAUTENG
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • fwise.co.za
    154.0.160.236
    Server Location
    South Africa South Africa
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

F-wise Capital Review Summary
Founded2017
Registered Country/RegionSouth Africa
RegulationExceeded license of FSCA
Market InstrumentsForex, derivatives, bond, futures, and commodity derivatives, and more
Demo Account/
Leverage/
EUR/ USD Spread/
Trading PlatformsAvvento Trading System and Diro OnlineTrading System
Minimum Deposit/
Customer SupportPhone, email and contact form

F-Wise Capital (Pty) Ltd, a JSE member, is a subsidiary of Farmwise Grains, founded in 1997. It is one of the original members of the Agricultural Markets Division of Safex, now part of the JSE's Commodity Derivatives Market. It offers all kinds of fianancial products and services through its two trading platform. However, their license of FSCA has been exceeded.

F-Wise Capital's homepage

Pros and Cons

ProsCons
Diverse financial products and servicesExceeded license of FSCA
Two trading platform across many devicesLimited information about accounts, fees, funding methods and so on

Is F-wise Capital Legit?

F-wise Capitals license of the Financial Sector Conduct Authority (FSCA) has been exceeded, holding the license type: Financial Service Corporate with the license number: 48564.

Regulatory StatusExceeded
Regulated bySouth Africa
Licensed InstitutionF-Wise Capital (PTY) Ltd
Licensed TypeFinancial Service Corporate
Licensed Number48564
Exceeded FSCA license

What Can I Trade on F-wise Capital?

In F-wise Capital, you can trade forex, derivatives, futures, bond and commodity derivatives, and more. They offer forex spot and forward products through the various banks, fixed Income derivatives and Forex/Currency trading on the JSEs IRC Market (formerly known as Yield-X), Commodity Derivatives trading on the JSE.

What Can I Trade on F-wise Capital?

Services

Aparting from offering trading in many products, F-Wise Capital also offers price risk management services, including swap contracts, option contracts, hedging on JSEs IRC, and traditional Forward Exchange Contracts (FECs). They structure packaged option and futures deals for producers and provide daily reporting.

Services

Trading Platform

F-wise Capital offers two trading platform: Avvento Trading System and Diro Online Trading System.

Avvento Trading System supports multi-asset watchlists, depth screens, and basic technical analysis tools, allowing trading directly from these screens. Deal management is intuitive, with off-screen trades and commissions. A mobile version is available for on-the-go trading.

Avvento Trading System

Diro Online Trading System is preferred for JSE markets. It includes a charting package with hundreds of technical indicators and drawing tools. Direct connectivity to the JSE ensures fast and reliable information and trade execution. Real-time risk management and advanced encryption keep data secure. The platform also offers SMS deal alerts and a programmable API for algorithmic traders.

Diro Online Trading System

Customer Service

F-wise Capital offers phone, email and contact info to contact them.

Contact OptionsDetails
Phone010 271-2450/ 010 060-0121
Emailforex@fwise.co.za
Contact Form
Online Chat
Social Media
Supported LanguageEnglish
Website LanguageEnglish
Physical Address1st Floor, 292 Surrey Avenue, Cnr Harley Street, Ferndale, Randburg, GAUTENG
Contact info

The Bottom Line

In summary, F-Wise Capital is more suitable for experienced traders. They provide sophisticated products and services, along with unique trading conditions via two platforms that require deep adaptation. However, there is an issue concerning their license expiry.

FAQs

Is F-wise Capital safe?

No. They have an exceeded license.

Is F-wise Capital a good for beginners?

No. Novices have no access to get familiar with their trading conditions quickly.

At F-wise Capital, are there any regional restrictions for traders?

No.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of F-wise Capital evaluated?

The fund security evaluation for F-wise Capital is fundamentally poor, based on a comprehensive WikiFX Score of 1.55 out of 10 and a complete absence of verified regulatory oversight from any recognized financial authority. Client funds are not protected under any investor compensation scheme, a direct consequence of its unregulated status.

04-02
United States

What is the current regulatory status of F-wise Capital?

F-wise Capital's regulatory status is classified as Unverified. The entity claims an affiliation with the Financial Sector Conduct Authority (FSCA) in South Africa under license number 48564. However, WikiFX assessment indicates this license is not verified, and the firm operates without any valid, authoritative forex trading licenses.

04-02
United States

What is the official website of F-wise Capital?

Official website details for F-wise Capital are not currently publicly disclosed, which is consistent with the broader pattern of limited transparency observed in the firm's profile.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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