SwisTrust Broker Review

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SwisTrust Broker Review


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FAQ

SwisTrust Broker Review – Finally, SwisTrust.com Trading Scam Exposed

We have verified that this is an offshore scam, regardless of whether the broker misspelled its name or wanted to present itself as a Swiss broker.

Check out our trusted SwisTrust review to learn more. You can enhance your trading knowledge by reading our updated reviews of Monafoli, AxesPrime, and Quantrix Capital brokers.

  1. Scam Broker Status: Offshore
  2. Regulated by: Unlicensed company / unregulated
  3. Websites of scammers: SwisTrust.com
  4. Trading Status: Active Forex Scam
  5. N/A has blacklisted this scam as a scam
  6. Owner of the broker: Axent Tech LLC
  7. The company’s headquarters are in St. Vincent and the Grenadines
  8. Year of foundation: 2021
  9. Platforms for online trading: WebTrader
  10. Trading on mobile devices is available.
  11. The minimum deposit is $250.
  12. Bonuses on deposits: None
  13. Trading Crypto Assets: Not available
  14. CFD Trading Option: Yes, CFDs can be traded Forex / Indices / Commodities / Futures / Shares / Currency Pairs (FX)
  15. Maximum leverage of 1:400 is allowed.
  16. Accounts for Muslims are available.
  17. No free demo account; only live trading accounts are available.
  18. Does not accept US clients: US traders are not accepted.
  19. The Experts at Global Fraud Protection say this broker is a scam!

Is SwisTrust Safe And Regulated?

Founded in Saint Vincent and the Grenadines, SwisTrust is owned by Axent Tech LLC. Because this offshore country does not have a regulator, only the FSA register of financial institutions, we decided to check Tier1 license providers.

We were unable to locate SwisTrust regulation. 

What’s Wrong With License? – Fake Financial Firm

Moreover, Axent Tech LLC is registered as a tech company in Dubai, but there’s no trace of it in Saint Vincent and the Grenadines. You’re essentially involved in a scheme designed to extort money from you.

We recommend being careful and watching SwisTrust trading scams.

It would help if you avoided scammers such as NovaTechFX, EmexTrade or TriumphFX. The funds you have deposited will not be able to be withdrawn!

Broker SwisTrust Reviews: Is SwisTrust a Scam Broker?

Several websites have reviewed SwisTrust, including Trustpilot, the most popular. All of the broker’s recent reviews are negative, even though it has a solid rating of 3.5 stars.

Many brokerages do this – they write good reviews until their clients post the truth themselves. 

Here are a few examples of what the broker does: There are mainly three areas where the broker is present:

SwisTrust Partnership Scam

Nowadays, brokers use the partnership scheme as one of their most popular scams. The company offers you the opportunity to be an affiliate or an IB in addition to the SwisTrust bonus that prevents withdrawals.

In this way, you’ll earn up to 30% of the commission and be able to open a trading account without a minimum deposit. You will never receive your commission, while anyone you refer will get scammed.

SwisTrust Withdrawal Process – No Money Withdrawal Guarantees

Because broker SwisTrust is highly suspicious and does not belong to any regulatory jurisdiction, withdrawals are not guaranteed. It is easy for the company to refuse to return the money without facing any repercussions.

This is not a trustworthy provider of Forex and CFDs, so you should avoid it at all costs.

Scammed By SwisTrust Broker? – Talk To Our Recovery Experts

Global Fraud Protection decided to assist after receiving numerous SwisTrust complaints. Let us know if you fall victim to the SwisTrust scam. You may be able to get your funds back if you file a chargeback dispute with our chargeback specialists.

Make sure your hard-earned money doesn’t get stolen by scammers. Get your money back by standing up against this scam.

 

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FAQ Section:

1. What Is SwisTrust, And Should I Invest Money In It?

An offshore country provides illegal financial services through an online Forex and CFD trading provider.

2. What Is The SwisTrust Minimum Deposit?

To start trading with SwisTrust, you need a minimum deposit of $250.

3. Can I Trade Cryptocurrencies And CFDs With SwisTrust Broker?

Cryptocurrencies cannot be traded with SwisTrust, only CFDs.

4. Does SwisTrust Have a Mobile Trading App?

The broker indeed has a mobile app that corresponds to its Web trader.