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Swiss Premium FX Review: Swisspremiumfx.com a Nasty Scam

Swiss Premium FX Review: Swisspremiumfx.com a Nasty Scam

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Swiss Premium FX claims that they are the future in the Forex trading. The company state that it will guide every investor into achieving their financial goals. The platform is also offering educational services to investors to improve their skills. The information is available via webinars, market trends, and video courses.

The company claim that they are following a customer-centric approach to surpass the expectation of their customers. The additionally brag that they are using top-notch tools and innovation to generate profit. However, investors’ money is not safe in this entity, and you should look for another alternative in the market.

The platform claim that their system is easy to use and convenient. They design their tools with their customers in mind. The withdrawal and deposit procedure is straight-forward, and you can benefit from these activities. Unfortunately, we do not take scammer seriously and return this as a marketing strategy.

Swiss Premium FX claims that they are reputable and have clients all over the world. They keep talking about how they are focusing on their customers in the whole website has fluff content. However, they did not discuss in detail the services that they are offering. You should invest with the best Forex trading software in the market.

A company brags that they have years of experience in Trading, and they are offering a variety of stock with minimal fees. They do not charge any markups, management fees, or ticketing.  The company does not have minimal trading volume or commission; however, additional costs might apply, which they have not clarified.

Swisspremiumfx.com Review

The company trades various assets like CFDs and Forex all commodities, stocks, indices, energies, and metals. They also plane to have multiple trading instruments at the disposal of their customers. It is funny that they claim investors are secure on their website. The company does not have the necessary certificates they are for. They are termed as an insecure venture.

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Swiss Premium FX Review, Swisspremiumfx.com Platform

Moreover, the entity state that they are fair and transparent in all their dealings. What they advertise is what their customers will receive, and they do not have any hidden charges. We do not believe their words because they lack the reputation that is required for financial ventures.

Investors will also have an opportunity to interact with other traders in the market. They also feature the trending news and analysis on their website. The company claim that they are an award-winning Forex trading venture. However, this is just another method to attract innocent investors. They do not specify the organization that awarded them this title.

Additionally, Swiss Premium FX state that it was established in 2016. The entity is lying about history. According to whois.com, The entity was registered in November 2019. Ask yourself if they can lie about such minor detail, what else are they hiding?

The company is trading over 200 instruments, and then spread goes as low as zero points. You will also execute your trade instantly without experiencing any delay or slippage. They even brag of having a solid foundation. The company is trying its level best to stay relevant in the market. However, we would love to see trading results before endorsing them.

Available Trading Platforms

The company claim that they are using the mt4 trading platform. This is the most famous platform in the market that the majority of investors love. It is compatible with various gadgets, even mobile phones. You can execute a trade at a higher speed and conveniently.

Trading Conditions

The company features the currency pair that you can trade on their website, and this includes but is not limited to; AUDCAD, AUDCHF, EURCAD, AUDJPY, EURAUD, GBPAUD, EURUSD, among others. Trade is performed around the clock. The leverage that they offer varies depending on the currency pair. It ranges from 1:100 up to 1:200.

The company has three investment plans that they offer to their customers. The minimum amount of money that you can deposit in this entity is $100. None of their accounts have a commission, and the minimum trading lot is 0.01. The leverage that the company is offering is that of 1:1000.

Financial regulatory bodies restrict the leverage to 1:50 and even lower. Novice traders should trade carefully because high levels can lead to increased profits. Additionally, you can lose a large number of funds.

Withdrawal and Deposits

Investors can deposit funds using the following methods; wire transfer, credit or debit card, Venus, or E-Wallet. The least amount of funds that you can withdraw is $100. In the case of six months inactivity, you have to pay a charge of 10%.

The amount and requirements that the entity subject to their customers are not favorable. You should cash out as low as $10 if you please. The information that the venture avail is not sufficient. Withdrawal requests are also processed in a period of 2 to 5 business days.

A legit investment entity will offer better conditions to its clients. Check in the term and condition section before depositing funds. You will learn the factors that an entity subject to you.

Customer Support

The company claim that they are offering the best customer support services in the market. You can contact them 24/5 and get help whenever you have a problem. Additionally, the platform is offering personal account managers to assist you in your trading activity.

Additionally, The entity state that their customer support services are offered in various languages. They have also traveled to interact with their clients to be able to provide the best outcome. The company speaks very highly of itself, but the statement cannot be verified.

You can rely on them to take you through complementary products and assist you in analyzing the market. Unfortunately, this entity does not have a telephone number or an email address. Therefore, they are operating in an anonymous manner, which shows there shadiness.

They feature their office address, which is Trust Company Complex, Ajeltake Road, Majuro, Marshall Islands. Trading with them will only cause distress, and your safety is not guaranteed.

Regulation

Swiss Premium FX is a company that is not regulated by any government. It means that in case of any problem, they will, or it will not come to your rescue. The company is an offshore entity that is not regulated.

Therefore, they can go against the law whenever they please without facing the consequences. We always advise investors to stick with licensed ventures to avoid losing money. They are incorporated by KBS Capital Markets LTD, which is registered in Marshall.

We do not endorse offshore ventures to traders. The entity accepts investors from Europe, Africa, Asia, Latin America, and the Middle East. Some of this country has stringent measures when it comes to collecting money from its citizens.

Therefore, Swiss Premium FX is an illegal scheme that you should not trust with your fund. If at all, they are a transparent entity, they will operate by the set guideline.

Final Verdict

Swiss Premium FX is a company that is operating as they please. The entity is a clone of another scam in the market. Whoever is responsible for the commodity has had an intention with clients’ funds. They are not regulated.

Invest with legit Forex trading software in the market. You will get a better outcome, and you can also verify its results before joining. Transparent is a fundamental aspect when it comes to the safety of your funds.

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