
Swiss FX Broker Review
- Minimum Deposit $250
- Not strictly regulated
- Brokers do not offer demo accounts, only live ones.
Swiss FX Broker Review – Get All The Facts About Swiss-FX.net Fraud
The Swiss FX broker appears to be one of those who extorted money and disappeared. We tried our best in this unbiased Swiss FX review to uncover the scheme since many people have been left without a chance of getting their funds back.
One of the company’s domains is inactive, while the other, swissfxuk.com, is currently on the market for sale. Probably the company is waiting for everyone to forget about the fraud before reactivating it.
Please also read our recently updated scam broker reviews for AvaTrade , ACE FX, and InvestFW. With them, your funds are at risk!
- Offshore broker status
- Regulated by: An unlicensed scam broker
- Websites of scammers: swiss-fx.net and swissfxuk.com
- Operational Status: Active Forex Trading Scam
- CONSOB (Italy) blacklisted it as a scam
- Owner of the broker: FM Solutions Group Limited
- Country of headquarters: Saint Vincent and the Grenadines
- The foundation’s foundation year is 2020
- Platforms for online trading: MT4, WebTrader
- Trading on mobile devices: Available
- The minimum deposit: N/A.
- Bonuses on deposits: Available
- Trading of crypto assets: Available
- You can trade CFDs: Yes, you can
- There are several trading instruments available, including Forex (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos).
- Leverage maximum: N/A
- No Islamic Accounts are available
- There is no free demo account available.
- The company accepts US traders.
- Experts’ Verdict: Don’t Invest in This Scam Broker!
Is Swiss FX Regulated? – Beware Of Fraud
Swiss FX is owned by FM Solutions Group Limited, based in Saint Vincent and the Grenadines. Since this offshore country lacks an official financial regulator, many fraudulent firms have set up shop there.
The name itself, however, suggests the company operates in the UK, while the domain implies it has ties to Switzerland.
Does the Broker Have a Tier 1 License?
Swiss FX’s regulation is not listed in FINMA, FCA, and several other Tier1 registers. Consequently, the broker has been operating illegally and is unregulated. Also, this is why clients have difficulty getting reimbursed today.
Warnings Against Swiss FX Fraud
Italian regulators have warned this fraudulent investment firm after receiving numerous Swiss FX complaints.
Official Warning Issued by Italian CONSOB – Evidence of Fraud
However, the Swiss FX trading scam peaked in Italy, and CONSOB listed its domain swissfxuk.com as unregulated. Also, this is where we got official approval that Swiss FX is a scam.
Also, keep an eye out for scammers like OptionWeb, RaceOption, and GoldenrodFX. Tell us about your scam experience if you can.
Where Is Swiss FX Trading Scam Active?
Swiss FX scams are primarily active in:
- Germany
- Switzerland
- UK
- US
From CONSOB’s warning, you can tell it’s also in Italy. Don’t get desperate if you’ve fallen victim to Swiss FX, wherever you are. However, there is a possibility of getting your money back!
Scammed By Swiss FX Broker? – Talk To Our Recovery Experts
Is Swiss FX or a similar bogus broker scamming you? Let us know. Your funds can be recovered with Global Fraud Protection’s assistance.
Having trouble with fraudulent trading firms is not an isolated issue; you’re not the only one. We can get your money back together if we take a step together. Book a free consultation with us via online chat now to get started!
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FAQ Section:
What Is Swiss FX, And Should I Invest Money In It?
This is an unregulated offshore broker whose website has been taken down.
What Is The Swiss FX Minimum Deposit?
There was no disclosure of the minimum deposit or any other trading conditions from this trading company.
Can I Trade Cryptocurrencies And CFDs With Swiss FX Broker?
Swiss FX allows you to trade crypto and CFDs together.