Score
SwissTrade
United Kingdom|2-5 years| https://swisstrade.io/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
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Website
swisstrade.io
Server Location
United States
Website Domain Name
swisstrade.io
Website
WHOIS.NAMECHEAP.COM
Company
NAMECHEAP, INC
Domain Effective Date
2020-02-07
Server IP
104.21.10.130
Company Summary
| SwissTradeReview Summary | |
| Founded | 1996 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Indices, Stocks, Crypto currencies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MetaTrader 4 platform, MetaTrader 5 mobile platform |
| Min Deposit | Not mentioned |
| Customer Support | Phone: +44 74888 72386 |
| Email:support@swisstrade.pro | |
| 24/5 Online Chat: Yes | |
| Physical Address: London, UK | |
SwissTrade Information
SwissTrade operates as an unregulated broker in the United Kingdom.It provides over 70 types of trading assets. SwissTrade offers a significant benefit with its impressive leverage of up to 1:500.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:500 | Unregulated broker |
| Spreads from 0.0 pips | High minimum deposit of $5,000 |
| 24/7 crypto currencies trading |
Is SwissTrade Legit?
SwissTrade is unregulated and with high potential risk now.
What Can I Trade on SwissTrade?
SwissTrade lets users trade over 70 different currency pairs, as well as a number of commodities, indices, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| ETFs | ❌ |
Account Types
SwissTrade offers four types of accounts:
Just Starting: Standard, Silver, Gold
Next Level: VIP.
Demo account is also available.
| Account Name | Min. Spread | Max Leverage | Commission | Suitable for |
| Standard | From 1.5 pips | Up to 1:200 | $0 | Beginners |
| Silver | From 1.5 pips | Up to 1:300 | $0 | Intermediate traders |
| Gold | From 0.8 pips | Up to 1:400 | Not specified | Advanced traders |
| VIP | From 0.0 pips | Up to 1:500 | Not specified | Professional and high-net-worth traders |
SwissTrade Fees
SwissTrade has low spreads starting from 0.0 pip to 1.5 pips and fees that are in line with industry standards. The broker lets users use high leverage of up to 1:500, based on the account users choose.
Trading Platform
SwissTrade provides MetaTrader 4 Margin platform as WebTrader.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 Margin WebTrader | ✔ | aDesktop | New traders and those seeking simplicity |
Deposit and Withdrawal
SwissTrade asks for a $5,000 minimum deposit for standard account.It hasn't mentioned the deposit and withdrawal methods.
| Account Type | Minimum Deposit | Deposit and Withdrawal Way |
| Standard | $5,000 | Not mentioned |
| Silver | $25,000 | Not mentioned |
| Gold | $100,000 | Not mentioned |
| VIP | Invitation only | Not mentioned |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 6
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だーし
Japan
I am applying for withdrawal. I have about $7,000 in my account, but I haven't received any money yet... I haven't received any reply to messages from customers or within the site.
Exposure
2023-01-31
だーし
Japan
I made a profit and tried to withdraw the money, but there was no response, so I contacted customer service. If I paid the tax, I was asked to pay a 20% fee for the withdrawal. I have more than $7000 in my account, but I am having trouble withdrawing.
Exposure
2023-01-13
MooTon Story French Na
Thailand
I was unable to contact customer service on Mt4. It did not reply at all.
Exposure
2021-08-07
Lisa46991
Peru
I've found Swisstrade to be a reliable partner in my trading journey. The convenience of their user-friendly platform, coupled with mobile and real-time trading features, has made executing trades easy and efficient. The forex education courses and valuable resources provided have been beneficial for enhancing my trading knowledge. I also appreciate the experienced management team, which adds credibility to the company. The financial security measures, such as separate custody arrangements for customer funds, give me confidence that my investments are well-protected. Swisstrade has been a trustworthy choice for me.
Neutral
2023-12-07
FX1505992472
United States
I've had a great experience trading with Swisstrade Finance International Ltd! Their platform is user-friendly and offers convenient features like mobile trading and real-time charting. It's been incredibly easy for me to stay connected and make timely trading decisions. The access to forex education courses and trading tools has also been a valuable resource in improving my trading skills. Overall, Swisstrade has provided me with a seamless and empowering trading experience.
Positive
2023-07-04
车联网李拨飞
Taiwan
It's Totally legitimate. I initially did as my account manager suggested...I invested a lesser amount because I wasn't sure but when I confirmed that it was indeed a legitimate broker was when I received my pay out...I immediately regretted and wished I had invested more initially.
Positive
2023-03-13