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Five Rings Capital LLP Review: What Traders Need to Know

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Today we’ll take a closer look at the broker Five Rings Capital LLP. The company goes to great lengths to appear legitimate and trustworthy. However, we are convinced that this image is nothing more than a poorly crafted façade. In our analysis, we’ll present clear evidence showing that this is a scam project. We hope this information will help you protect your money.

Author: Josh Middleton. Edited and fact checked by: Alex Banks
About Our Team

Five Rings Capital LLP Snapshot

Claimed Regulation FCA
Verified Regulation Not Found
Licence Last Checked 12/05/2025
Minimum Deposit $1,000
Retail Leverage up To Not Disclosed
Affiliate Programme Not Found
Type of Education Not Found
Claimed Year Foundation 2015
Domain Parked Since 11/03/2025
Trading Software Unknown WebTrader
Mobile Compatibility Browser Trading
Languages Supported English, Poland, Romanian, Russian, Arabian, Deutsch

Advantages and Disadvantages

  • The website offers a multilingual interface.
  • Different account types are formally declared.
  • The broker uses another company's name and licence without any affiliation.
  • The official website was registered just two months before this review was published.
  • Minimum deposit requirements are excessively high.
  • Spreads, commissions, and the execution model are not disclosed.

Legitimacy Check

Interestingly, the broker’s website includes a dedicated section outlining its history. According to this version of events, the company was founded in 2015. There’s even a separate regulation page that links directly to the FCA register.

So, we checked the details. The licence does indeed exist and is issued to Five Rings Capital LLP, authorising various types of investment and brokerage services, including CFD trading. Does this mean the company is operating legally?

Not quite. First of all, Five Rings Capital LLP is not a standalone company. It is a partnership, meaning it consists of multiple entities. Therefore, only some of its members may be authorised to provide brokerage services, and the partnership as a whole does not possess full legal personality. Secondly, the licence itself lists important restrictions. The firm is not allowed to hold or control client funds. This means that while it may act as an intermediary in CFD trading, it cannot open or maintain actual client accounts.

Thirdly, the genuine Five Rings Capital LLP owns the domain fiveringscapital.com. That website is now offline, but the contact details listed in the FCA register clearly refer to that domain — not fiverings-capital.com, which is the site currently in use.

The platform falsely associates itself with a licensed UK firm, but has no actual connection to legitimate Five Rings Capital LLP

Lastly, the real partnership was formed in December 2013. Yet, according to the broker’s version of its history, it was founded in 2015.

From this, the conclusion is clear. The broker in question has no connection to the legitimate Five Rings Capital LLP. It operates without a legal registration or any valid licence. It is simply using someone else’s name to disguise its illegal operations.

To clarify the timeline, the legitimate partnership was founded in 2013, and 2015 is presented in the broker’s legend as its founding year. But what about the actual facts?

According to Whois records, the domain fiverings-capital.com was registered only on March 11, 2025. That is the real launch date of the broker’s online presence. Just two months had passed before we wrote this review. The story about “10 years of experience” is nothing but a blatant lie.

WHOIS shows the domain fiverings-capital.com was created only in March 2025

Fiverings-capital.com Content Quality

The broker’s official website is far from a masterpiece. The design looks outdated, like something from the early 2000s. Apologies for the personal opinion, but there are also more objective issues that go beyond aesthetics.

Site design and content appear outdated

For instance, the broker tends to overcommunicate in places where it’s unnecessary. Instead of creating a proper FAQ section, they’ve included just five actual questions and filled the rest of the space with self-promotion. The site’s navigation menu feels amateurish. As we know, no respectable broker offers so few sections. Most legitimate platforms aim to publish valuable content for visitors, such as market news or investment insights. Here, you’ll only find a couple of legal documents and that’s it.

Naturally, we also visited the important “Fees and Commissions” section. And what do you think we found? Nothing of substance. There’s no mention of specific fees, spreads, or transaction costs. However, instead there are just vague, overly general statements.

The only somewhat positive feature is the presence of multiple language versions. While we can’t confirm the accuracy of every translation, it’s clear that the content is not machine-translated. So, at the very least, the platform appears to be trying to serve a multilingual audience.

Key Trading Features

So, Five Rings Capital LLP offers several account types to start trading. As we understand it, these are supposedly designed for different levels of traders. At first glance, having four account options might seem like a sign of a professional approach. However, upon closer inspection, it becomes clear that this whole classification is, let’s say, more decorative than practical. In reality, it offers no real benefit to the trader. Let’s take a closer look at a few important points.

The first thing that stands out is the excessively high minimum deposit. Even the most basic account requires a $1,000 deposit, which is already far above industry standards. For comparison, most reputable brokers allow you to start trading with as little as $10 to $250. And $250 is already considered a lot.

The following account tiers go completely beyond reason:

  • Silver — from $10,000.
  • Gold — from $100,000.
  • Platinum — from $500,000.

There is, of course, no explanation whatsoever as to why a trader should invest such serious sums in a project that’s been online for two months.

Meanwhile, each account description is limited to a couple of vague phrases. For example:

Suitable for beginners.

  • Additional tools.
  • Premium features.
  • Personal account manager.

Okay, the account manager part is clear. But what exactly are these “additional” or “premium” features? There are no specific details about trading instruments, no list of platforms, and no concrete conditions. Everything is built around empty, generic marketing statements with no measurable parameters.

In fact, one of the major problems here is the complete lack of information about spreads and commissions. Despite the mention of “lower trading costs” in some descriptions, not a single actual number is provided. This means traders will only find out the real cost of trading after they deposit funds, which is too late to do anything about it. You open a trade and suddenly discover a 10-pip spread. Let’s hope no one ever has to experience that in practice.

Moving on. Five Rings Capital LLP does not even offer a demo account. There are also no cent or micro accounts. And if there’s no demo, it would at least be nice to have some kind of alternative so traders could test the platform with minimal risk.

In general, the takeaway from this so-called variety is simple: the company either doesn’t understand client-oriented service or deliberately ignores all industry standards.

And finally, the broker doesn’t mention one of the most important aspects: the order execution model.

  • ECN?
  • STP?
  • Dealing Desk?
This matters because it determines whether the broker actually sends client orders to the market or acts as a counterparty itself, which creates a direct conflict of interest. Then again, since we’ve already established that this project is not officially registered, the only working model for it would logically be a Dealing Desk. Which, unfortunately for you, dear traders, means the platform profits directly from your losses.

Five Rings Capital LLP Custom Utilities Insight

The website does not mention the name of any specific trading software. It is unclear what kind of platform the company uses. Is it a proprietary system? A third-party solution? A modified version of existing software? There is no information about desktop apps, mobile versions, availability through the App Store or Google Play, digital certificates, security signatures, or even a basic description of the platform’s interface and functionality.

The terminal is only accessible via the user’s personal account. It offers only the most basic functions.

There is no possibility to use external software for analysis, custom trading signals, or algorithmic trading. All that’s available is a standard set of indicators and charting tools.

Needless to say, such a setup is unlikely to satisfy the needs of professional traders.

Customer Service Overview

The company provides a UK-based address, a phone number with a British country code, and a support email, all intended to create the impression of a legitimate presence. However, several critical elements are missing:

  • No contact form for direct inquiries.
  • No live chat for real-time support.
  • No links to official social media accounts or community channels.

One would expect that if Five Rings Capital LLP had truly been operating since 2015, it would have at least established a minimal presence on platforms like YouTube. Or are we to assume that social media engagement is somehow irrelevant to their operations? Perhaps it’s because clients are acquired through targeted cold calls rather than through transparent online offers or community interaction. It’s also worth noting that the company doesn’t mention its support team’s working hours — another red flag for anyone considering engaging with this platform.

Our Verdict

In light of all the information gathered, we can confidently state that this project is not trustworthy. Behind the facade of a supposedly British broker lies an opaque and poorly structured operation, lacking clear terms and genuine regulatory oversight. There is virtually no client-oriented approach, and the services offered appear superficial and unconvincing. It seems the main goal of this platform is to collect as much money from clients as possible, without offering anything of real value in return. We see no honesty, no advantage, and no reliability here. Getting involved with this “broker” is simply too great a risk for any rational investor.

About the author

Josh Middleton
Josh Middleton
Technical specialist
Josh Middleton is a technology enthusiast and software developer with a deep interest in financial markets. Josh has worked on developing trading platforms and algorithms for various brokers and fintech companies. His articles and reviews highlight brokers that offer innovative and user-friendly trading software, helping traders find the best technological solutions.

1 Five Rings Capital LLP Review

  1. Leo

    I didn’t take the risk and that was the right decision. I spoke with a real trader who fell for this scam. They don’t process withdrawals at all. There’s no response, no support, and no explanation. Once your money is in, it’s gone!!

    2.0 rating
    2/5

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