Helius Capital Review

About Helius Capital

Helius Capital Limited, operating through the website , is not registered to trade in, or advise on, securities or derivatives in British Columbia; a warning was issued on 13 July 2022 by the British Columbia Securities Commission (BCSC) to this effect (). Additionally, the Ontario Securities Commission (OSC) issued an investor warning dated 6 February 2023 stating that Helius Capital Limited is not registered in Ontario to engage in the business of trading in securities (). Neither Canada’s FINTRAC nor the United States National Futures Association (NFA) lists Helius Capital as registered; its claims of regulation by these bodies are unsupported (; ).

The broker offers leveraged trading in forex and commodities via the MetaTrader 5 (MT5) platform, and reportedly advertises leverage up to 1:400 with spreads starting as low as 0.1 pips (; ). Deposits and withdrawals are facilitated through cryptocurrencies and wire transfers, with no minimum deposit disclosed and possible high withdrawal fees (e.g., 20%) as noted in some sources (; ). Account types, base currencies, swap-free options, hedging, scalping, expert advisor usage, or NBP protections are not documented through primary, verifiable sources.

Pros and cons

Pros

• Access to MetaTrader 5 platform (MT5) for trading execution ().

Cons

• No valid regulatory registration under recognized authorities including FINTRAC, NFA, or Canadian securities regulators (; ).
• Warnings issued by both BCSC (13 July 2022) and OSC (6 February 2023) indicating unregistered status (; ).
• High-risk trading conditions such as extreme leverage (up to 1:400) and opaque fees (e.g., high withdrawal charges) (; ).
• Absence of transparency regarding company ownership, management, jurisdiction, and legal entity, raising accountability concerns ().
• Reports of difficulty withdrawing client funds from the platform ().