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Blue Suisse Review: Bluesuisse.com Compelling Broker

Blue Suisse Review: Bluesuisse.com Compelling Broker

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Blue Suisse (Bluesuisse.com) is a Forex broker platform dully registered in Mata and offers unique market insights. BlueSuisse is a smart online trading platform allowing members to try out using a demo account. The platform has over 80+ currency pairs and over 25 global commodities. You can get over 15 global indices as well as trading with popular Crypto Currencies. Read this detailed BLUE SUISSE Review and find out more.

Blue Suisse Review

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Blue Suisse Review

Once you land on their homepage, you can easily see how well their website is designed. Blue Suisse has made sure information can be retrieved easily by investors. What we also liked about their webpage is being user friendly, navigation is easy. There are lots of positive reviews regarding this platform and we simply had to investigate. Is Blue Suisse offering attractive products at an affordable rate? What are the pros and cons of trading with Blue Suisse? Want to know more about this platform?

To start us off, we contacted their offices to ensure the broker is authentic. And it looks like we have a real broker here. All their contact details checked out which means they are a true brokerage firm. Apart from a few negative comments from some corners, we are sure this is a broker to try out. Although we don’t fully recommend it, we simply ask investors to be careful when trading. Some of these brokers are licensed and yet offer unattractive leverage and spreads.

About Blue Suisse

As we said earlier on, Blue Suisse is an EU regulated boutique broker under the supervision of MFSA. MFSA stands for Malta Financial Services Authority and they gave backed this broker. Their headquarters are located in Malta and have regional offices in Germany. What about ownership?

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And this is where we have a problem with this platform. They claim to have their headquarters located in Malta and give no names. Who are the people running this website? Can we get the names of professionals behind this platform? Who are the founding members of this brokerage firm? It would be prudent to know the names of people handling your funds. Anonymity is a scammer’s best friend and we wouldn’t want anyone to be a victim. No name is a clear violation of ownership details.

Is Blue Suisse licensed and registered?

Blue Suisse License and reiatration

We checked with the Malta Financial Services Authority for confirmation, and yes they are registered. It would seem the platform is signing up European investors which pose a huge problem. International regulatory bodies such as ASIC, COSNOB, CySEC, FCA, and NFA have strict guidelines. The MFSA simply does not include brokers to make a huge security deposit.

With international regulatory bodies, every broker must deposit a security to protect investors. Blue Suisse does not follow this strict guideline because of affiliation with MFSA. It ensures your deposits are safe and that the broker participates in a compensatory scheme. With BlueSuisse, we are not sure whether funds are properly secure.

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Features of Blue Suisse/ Advantages

Accounts offered

Blue Suisse is furnishing users with three types of accounts to choose from. These accounts are named Denim Blue, Sky Blue, and Sapphire blue. Advantage of dealing with these accounts is getting multi-currency account denomination. Members also get technical support as well as weekly market outlook. Users can trade on the go as the accounts are mobile friendly and competitive fixed mark-ups. With that, we could not find any appealing features with their accounts.

Blue Suisse Account Types

Demo Account

We are happy with the fact that Blue Suisse is offering users a demo account. A demo account gives users a chance to test the platform. Their demo account is full of promising features since they have MT4 and MT5 platforms. Users can easily get to learn how to use these platforms to their advantage. By using the features and technical analysis, you can get to learn a lot. Demo account proves to be helpful as it allows users to get a taste of what to expect with a real account.

Deposit and withdrawal

Blue Suisse has made it easy for investors to fund accounts with no hassles. Depository channels include Bank wire transfer, MasterCard, and Visa. And this is an advantage as any investor in the world can use any of the depository channels. What the broker has done is make it easy and fast to fund accounts as it takes less than five minutes. These depository channels are also safe which means protection from third party attacks.

Trading platform

Another advantage of trading with Blue Suisse is having a stable platform. MT4 and MT5 are known platforms which are stable and come highly recommended. Thanks to their unique security features, it ensures protection from third party attacks. These platforms also have unique features which offer great advantage when trading.

Disadvantages of Account types

These accounts require a high minimum deposit to start trading. Denim Blue is the most basic account and requires a minimum deposit of $500. And this is a huge problem as the industry set minimum required deposit is $250. Another huge problem with their accounts is lack of proper information. No one knows the leverage and spread types used in these accounts which poses a great disadvantage. Why would a broker not post such relevant information to their would-be clients?

Are funds safe with Blue Suisse?

We have a huge problem with segregation of accounts as there is no information on it. Does this mean users are depositing funds to owner’s personal bank account? We are not sure whether this broker is pooling funds in one account which is extremely risky. Funds are not fully secure with BlueSuisse.

Is Blue Suisse legit or a scam?

Blue Suisse Trading platform

Blue Suisse is a genuine broker with a valid license. If they were licensed by ASIC, COSNOB, CySEC, FCA, NFA, or SEC, we would have recommended it. If you open an account with them, we suggest you tread carefully.

Bottom line

We will be taking a closer look at how trading goes on with BlueSuisse.

You can also opt for Forex trading robots which have been vetted by experts. Innovative and robust Forex robots are what you need to start making real profits. Choose Forex trading robots with a proven reputation. It is what you need to start earning money with online trading.

Wishing all the best in your trading experience.

 

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