Leeds Capital Review

About Leeds Capital

Leeds Capital is presented on its official website as operated by Leeds Capital Holdings Limited, allegedly based in Australia at the address 30 Dennis Vale Dr, Daisy Hill, Queensland 4127, and holding an Australian Financial Services Licence (AFSL) number 440193. However, the ASIC register confirms that the licence does not authorize the firm to offer forex services or products to retail clients, limiting its provision to wholesale clients only—meaning the broker lacks valid regulation for retail forex operations.    

The broker claims to offer trading in forex, commodities, cryptocurrencies, and CFDs via a proprietary trading platform, but there is no disclosure of account types, minimum deposit requirements, spreads, commissions, leverage, base currencies, swap-free accounts, or fund protections such as investor compensation schemes. Reports indicate that the broker accepts payments via bank transfers and cryptocurrencies, lacks established contact information such as phone or office addresses, and has numerous client complaints centred on withdrawal failures and non‑responsiveness.   

Pros and cons

Pros

• Proprietary trading platform (no details on functionality or reliability).
• Access to multiple asset classes: forex, commodities, cryptocurrencies, CFDs (exact instruments not specified).

Cons

• Unregulated for retail forex – licence does not permit offering services to retail clients under ASIC rules.
• No transparent information on account types, pricing, leverage, or deposit requirements.
• Lack of published contact details (telephone number, company headquarters, etc.).
• Numerous user reports of withdrawal difficulties and poor customer support.
• Website has been reported as suspended at least once, indicating operational instability.  
• No evidence of client fund protection measures (e.g., segregation, compensation schemes).