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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

South Africa South Africa 2.59
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

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

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

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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