SwissFS Review – Is it a Scam or Legit Broker (2024)

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this SwissFS Review, we are going to take a look at the offer that this broker prepared for its traders. SwissFS operates on the financial market since 2002. When it comes to trading platforms, the broker features UniTrader and MetaTrader 4. The SwissFS minimum deposit is 0 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this SwissFS Review

Website address:swissfs.com
Operated by: SWISS INTL. FINANCIAL BROKERAGE CO. K.S.C.C.
Licensed and authorised by regulatory bodies:MOCI
Supported languages:English
Customer support available via:E-mail, phone, live-chat
Contact details:[email protected], +965 - 22020490
Available deposit methods:Bank transfer, VISA, MasterCard, CASHU, Neteller, Skrill, UnionPay
Available withdrawal methods:Bank transfer, VISA, MasterCard, CASHU, Neteller, Skrill, UnionPay
Minimum deposit:0 USD
Min. trade in lots:0.1t
Spreads:Variable
Tradable assets:
Might be a CFD.
Forex (20)
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:UniTrader
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:400
Social trading:No

Random reviews of competing FX & CFD brokers: Uptos, GFCInvestment, KlasFX24 and TegasFX

Frequently Asked Questions

🧐 Is SwissFS a Scam?

In accordance with our research, SwissFS is a broker licensed and regulated by the MOCI. While it is a good thing that the broker is regulated, the MOCI regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that SwissFS is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the SwissFS minimum deposit?

In order to start trading with SwissFS, you have to deposit at least 0 USD.

📵 What deposit and withdrawal methods SwissFS supports?

SwissFS allows funding your account via Bank transfer, VISA, MasterCard, CASHU, Neteller, Skrill, UnionPay.

⚖️ Would you recommend me choosing SwissFS?

We don’t have our own personal experience with SwissFS. However, the broker is regulated by the MOCI which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with SwissFS.

Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA $ 10 MT4 & MT5 0.3 PIPs ¹
  • Competitive spreads
  • International support
Start tradingRead a review
CySECASIC £/€/$ 100 MT4 & MT5 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review
FCACySECASIC £/€/$ 0 MT4, MT5 & TradingView 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.

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