PASHA Capital

5-10 years Mar 02, 2026
Score 1.6/10
Region Azerbaijan
Regulation N/A
Spread N/A
Critical Risk Warning Live AI Analysis · Powered by algorithmic scoring model
Critical Warning

PASHA Capital shows critical safety concerns. Regulatory transparency is severely limited and the risk profile suggests traders should exercise extreme caution before engaging.

Score: 1.6/10 Risk: High Updated: Mar 02, 2026
Performance Matrix

Main Score & Risk Matrix

N/A
Score
1.6
Very Poor
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
License 1.8
Business 1.1
Risk Control 1.4
Software 2.1
Regulatory 1.6
Company Profile

Basic Information

Company Name PASHA Capital
Registered Region Azerbaijan
Established Period 5-10 years
Email Address office@pashacapital.az
Contact Number +994124934646
Balanced Review

Pros & Cons

Pros

  • Competitive spreads starting from 0.2 pips
  • Variety of trading instruments available
  • Over 10 years of operational experience
  • Accessible trading platform

Cons

  • No regulatory licenses held
  • Withdrawal process can be cumbersome
  • Customer service lacks personalization
  • Limited leverage options at 1:50
Safety Analysis

Is PASHA Capital Safe and Legit?

PASHA Capital, registered in Azerbaijan since 2012, has over 10 years of operational experience. It offers a range of trading instruments, including currency pairs and commodities, with a maximum leverage of 1:50 and competitive spreads starting from 0.2 pips, primarily through its proprietary trading platform.

The broker currently holds no regulatory licenses, which raises concerns regarding its safety and legality in the financial market. Consequently, potential traders are advised to exercise caution when considering engagement with PASHA Capital due to the inherent risks associated with unregulated brokers.

In the market, PASHA Capital has garnered mixed reviews. While some users appreciate the variety of trading options and competitive spreads, others have reported challenges with the withdrawal process and indicated that customer service could be more personalized. Overall, feedback suggests that while the platform has potential, its user interface and support services may require improvements to enhance user satisfaction.

Capital Protection

Client Fund Segregation

Capital Protection Measures

PASHA Capital does not hold client funds in independently regulated bank accounts, and there are no specific regulations governing the segregation of client assets from the broker’s own. As a result, there are inherent risks associated with fund protection for clients.

PASHA Capital Leverage

The maximum leverage offered by PASHA Capital is 1:50 across its trading instruments. This leverage aligns with the operational parameters of unregulated brokers, which can expose clients to heightened risks without the protections offered by regulated entities.

Withdrawal Review

How to Contact PASHA Capital?

Does PASHA Capital Have Withdrawal Issues?

Complaints regarding PASHA Capital predominantly focus on challenges with the withdrawal process, with reports indicating a cumbersome experience that necessitates multiple verification steps. Credible sources of these complaints include user reviews on trading forums and social media platforms, where feedback reflects mixed experiences. While there are no significant public complaints or large-scale reports of withdrawal issues, the broker’s response times to customer inquiries appear to be inconsistent. Overall, the lack of regulatory oversight raises safety concerns for potential traders considering engagement with PASHA Capital.

These are the highest-rated forex brokers registered in Azerbaijan.

Global Rankings

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The following brokers represent the highest overall trust scores across all regions on our platform.

Knowledge Base

Frequently Asked Questions

A1: No, PASHA Capital does not hold any regulatory licenses, which raises concerns about its safety and legality in the financial market. Potential traders should exercise caution due to the risks associated with engaging with unregulated brokers.

A2: PASHA Capital does not hold client funds in independently regulated bank accounts, and there are no specific regulations governing the segregation of client assets from the broker’s funds. This lack of protection increases the risks for clients regarding the safety of their investments.

A3: Users have reported challenges with the withdrawal process at PASHA Capital, indicating that it can be cumbersome and often requires multiple verification steps. While there are no major complaints about withdrawals, feedback suggests that the process may not be user-friendly.

A4: You can contact PASHA Capital via phone at +994 12 493 33 66 or through email at office@pashacapital.az. Their physical address is Caspian Plaza, 44 Jafar Jabbarli street, Baku AZ1065, Azerbaijan.