Lax Capital Limited

Reference number: 917361

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
11656526
Company status
Active
Company type
Private limited company
Incorporated
2 November 2018 (7 years old)
Registered office
Level 30 The Leadenhall Building, 122 Leadenhall Street, City Of London, EC3V 4AB, England
Nature of business
  • Fund management activities (SIC 66300)

Current directors and secretaries

Name Role Born Appointed
Devesh Vishwakarma Director Dec 1982 2 Nov 2018

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money · Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.

    Check your FSCS cover →

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
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  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments
  • Managing investments

Limits on what they may do

  • Restriction on activities related to Cryptoassets, Crypto Tokens, Structured Products and broking arrangements
    1. The Firm must not, without prior written consent of the FCA, conduct any regulated activities for which it has a Part 4A permission, in relation to: (i) the Orion Crypto Actively Managed Certificate (ISIN CH1134836233) (ii) the Orion Tokens (iii) financial products involving the tokenisation of investments (iv) structured products (including, but not limited to Actively Managed Certificates) with the exception of those where the Firm is acting as a distributor for an entity, and the relationship between the Firm and that entity has been pre-agreed by the FCA (v) cryptoassets 2. From the date of these Requirements, the Firm must not conduct any regulated activities with, through, on behalf of, and/or involving: (i) Mr Navin Bhal, and/or (ii) Equiti Brokerage (Seychelles ) Limited, a company incorporated with limited liability under the laws of the Republic of Seychelles, under registration number 8428558-1, with its registered address at First Floor, Marina House, Eden Island, Republic of Seychelles. 3. The Firm must not enter into any broking arrangement with a counterparty that is not established in the United Kingdom or the European Union. 4. By 20 August 2025, the Firm must confirm to the FCA: (i) that it has put in place written contracts with all current counterparties, including but not limited to brokers, traders and, investors, and (ii) it will enter into written contracts with all future counterparties, including but not limited to brokers, traders, and investors.
  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Lax Capital Limited FCA authorised?
Yes, Lax Capital Limited (FRN 917361) is authorised by the FCA to carry out regulated activities.
Is my money safe with Lax Capital?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Lax Capital to the Financial Ombudsman Service, free of charge.
Is Lax Capital a scam or clone?
Lax Capital is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Lax Capital's Firm Reference Number (FRN)?
Lax Capital's FRN is 917361. You can verify it on the FCA register.