Score

1.35 /10
Danger

Swiss Capital

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Business Index5.79

Risk Management Index0.00

Software Index4.00

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Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Swiss Capital · Company summary
Aspect Information
Registered Country/Area China
Founded Year 2020
Company Name Swiss Capital
Regulation None (Unregulated)
Maximum Leverage Up to 1:200
Spreads Approximately 2.5 pips for EUR/USD
Trading Platforms MetaTrader 4 (MT4), WebTrader
Tradable Assets Forex, Indices, Commodities, ETFs, Equities
Demo Account Available
Customer Support Not specified
Payment Methods Credit/debit cards, wire transfers, UnionPay, ApplePay, SamsungPay, American Express, AliPay, Discover, Diners Club International

Overview

Swiss Capital, founded in 2020 and purportedly based in China, operates as an unregulated brokerage firm. Despite offering a maximum leverage of 1 :200 and access to various trading platforms like MetaTrader 4 (MT4) and WebTrader, it has garnered a negative reputation with reported allegations of being a scam. The company's website is currently down, which further contributes to concerns about its credibility.Additionally, while it provides a wide range of payment methods and access to demo accounts, critical information such as customer support availability remains unspecified. Traders should exercise caution and conduct thorough due diligence before engaging with the Swiss Capital.

Overview

Regulation

Swiss Capital operates as a brokerage firm without regulatory oversight.In its role as a broker, Swiss Capital facilitates transactions and trades in various financial markets without being subject to regulatory requirements. This lack of regulation distinguishes it from other financial entities, allowing Swiss Capital to operate with a certain degree of autonomy and flexibility. However, the absence of regulatory oversight also raises concerns about potential risks for investors, as there may be limited protections in place to safeguard their interests. Despite this, Swiss Capital continues to serve as a platform for individuals and institutions seeking brokerage services, leveraging its independence to offer tailored solutions to its clientele.

Regulation

Pros and Cons

Swiss Capital offers a diverse range of market instruments and a maximum trading leverage of 1:200, along with advanced trading platforms like MT4 and WebTrader. However, its status as an unregulated brokerage firm and lack of transparency regarding withdrawal policies and fees raise concerns about investor protection

Pros Cons
  • Offers diverse market instruments
  • Operates as an unregulated brokerage firm
  • Provides maximum trading leverage of 1:200
  • Lack of transparency regarding withdrawal policy and fees
  • Employs advanced trading platforms like MT4 and WebTrader
  • Imposes spreads as the primary fee structure, potentially impacting profitability

Market Instruments

Swiss Capital provides a comprehensive array of market instruments, organized across different asset classes:

  1. Forex (Foreign Exchange): Clients can engage in currency trading, speculating on the exchange rates between various currency pairs, such as EUR/USD, GBP/JPY, or USD/JPY.

Forex (Foreign Exchange)
  1. Indices: Swiss Capital offers trading opportunities in stock market indices, enabling investors to speculate on the performance of entire markets or sectors. Examples include the S&P 500, FTSE 100, or NASDAQ Composite.

  2. Commodities: Investors can trade commodities such as precious metals (gold, silver), energy (crude oil, natural gas), agricultural products (corn, wheat), and industrial metals (copper, aluminum).

  3. ETFs (Exchange-Traded Funds): Swiss Capital facilitates trading in ETFs, which provide exposure to diversified portfolios of assets, including stocks, bonds, commodities, or other financial instruments, and are traded on stock exchanges.

  4. Equities: Clients have the opportunity to buy and sell shares of publicly traded companies, allowing them to participate directly in the ownership of these businesses and potentially benefit from capital appreciation and dividends.

Leverage

Swiss Capital offers a maximum trading leverage of 1:200 to its clients. Leverage allows traders to control larger positions with a relatively smaller amount of capital, magnifying both potential profits and losses. With a leverage ratio of 1:200, clients can trade with a position size up to 200 times the amount of their initial margin deposit. This high level of leverage provides traders with increased buying power, potentially amplifying their returns on successful trades. Trading with leverage, however, also increases the level of risk, as losses can exceed the initial investment. Therefore, traders should exercise caution and implement risk management strategies when utilizing leverage in their trading activities.

Leverage

Spreads

Swiss Capital imposes spreads as its primary fee structure for trading activities. For the benchmark EUR/USD currency pair, the spread is approximately 2.5 pips, which represents the difference between the bid and ask prices. While this spread is wider compared to the industry average of 1.5 pips, it serves as the main cost incurred by traders when executing trades. Notably, Swiss Capital does not charge transaction fees, meaning there are no additional costs beyond the spread for entering or exiting positions. Traders should consider the impact of wider spreads on their profitability and trading strategies, especially when engaging in high-frequency or scalping trading techniques where tighter spreads are typically favored.

Deposit & Withdrawal

Swiss Capital offers a variety of payment methods for deposits, including credit/debit cards, wire transfers, and digital payment platforms such as UnionPay, ApplePay, SamsungPay, American Express, AliPay, Discover, and Diners Club International. However, the broker lacks transparency regarding its withdrawal policy, as no information is provided on the minimum deposit and withdrawal amounts or any associated fees.This lack of clarity raises concerns, particularly in light of complaints from clients who have alleged that they were persuaded to invest significant sums only to be subjected to fraudulent practices. Without clear guidelines on deposit and withdrawal processes, clients may face difficulties accessing their funds or understanding the costs involved. Such opacity undermines trust and suggests a need for greater transparency and accountability from Swiss Capital in its financial operations.

Trading Platforms

Swiss Capital provides its clients with two powerful trading platforms: MetaTrader 4 (MT4) and WebTrader. With MT4, traders have access to a feature-rich and user-friendly platform widely recognized for its advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). MT4's flexibility allows traders to execute trades across various asset classes, manage their portfolios efficiently, and analyze market trends comprehensively. Additionally, Swiss Capital offers the WebTrader platform, which enables traders to access the markets directly from their web browsers without the need for any downloads or installations. WebTrader offers a seamless trading experience with real-time quotes, one-click trading functionality, and a user-friendly interface accessible from anywhere with an internet connection. Whether using MT4 for its extensive functionality or WebTrader for its convenience, Swiss Capital ensures that its clients have access to cutting-edge trading technology to pursue their investment goals effectively.

Trading Platforms

Conclusion

Swiss Capital operates as an unregulated brokerage firm, offering a wide range of market instruments including Forex, indices, commodities, ETFs, and equities. Despite the absence of regulatory oversight, clients have access to a maximum trading leverage of 1:200, enabling them to amplify potential profits and losses. While the broker imposes spreads as its primary fee structure, with the benchmark EUR/USD pair having a spread of approximately 2.5 pips, it does not charge transaction fees. However, there's a lack of transparency regarding the withdrawal policy and associated fees, raising concerns about the accessibility of funds and potential risks for investors. Swiss Capital provides two powerful trading platforms, MetaTrader 4 (MT4) and WebTrader, offering clients advanced charting tools, technical indicators, and automated trading capabilities. Despite these offerings, the broker's website is currently inaccessible, leading to accusations of fraudulent practices. This situation underscores the importance of caution and due diligence when considering engagement with Swiss Capital.

FAQs

Q1: Is Swiss Capital regulated?

A1: No, Swiss Capital operates as an unregulated brokerage firm.

Q2: What market instruments does Swiss Capital offer?

A2: Swiss Capital provides access to Forex, indices, commodities, ETFs, and equities.

Q3: What is the maximum trading leverage offered by Swiss Capital?

A3: Swiss Capital offers a maximum trading leverage of 1:200 to its clients.

Q4: What are the fees associated with trading on Swiss Capital?

A4: Swiss Capital primarily imposes spreads as its fee structure, with no transaction fees. However, specific details regarding withdrawal fees are unclear.

Q5: What trading platforms does Swiss Capital provide?

A5: Swiss Capital offers MetaTrader 4 (MT4) and WebTrader as its trading platforms, offering advanced charting tools, technical indicators, and automated trading capabilities.

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FX2339577018
6-12months
This company has no regulation, they are scammers. Their modus operandi is to ask you for money that you will never get back. Their investment screens are simulators where you win, when you have enough money (which does not exist), to get it out they ask you to pay taxes. They are simple scams. Esta empresa no tiene regulación, son unos estafadores. Su modus operandi es pedirte dinero que nunca recuperarás. Sus pantallas de inversión son simuladores donde ganas, cuando tienes dinero suficiente (que no existe), para sacarlo te piden que pagues impuestos. Son simples estafas.
This company has no regulation, they are scammers. Their modus operandi is to ask you for money that you will never get back. Their investment screens are simulators where you win, when you have enough money (which does not exist), to get it out they ask you to pay taxes. They are simple scams. Esta empresa no tiene regulación, son unos estafadores. Su modus operandi es pedirte dinero que nunca recuperarás. Sus pantallas de inversión son simuladores donde ganas, cuando tienes dinero suficiente (que no existe), para sacarlo te piden que pagues impuestos. Son simples estafas.
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2024-04-17 17:49
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Wilhelmina Featherstonehaugh
more than one year
Ugh, Swiss Capital, we need to talk. Withdrawals are like pulling teeth – slow and painful. Customer support MIA sometimes – frustrating! Also, fees lurking around like hidden traps. Regulated, yes, but the struggle is real. Not my ideal trading romance.
Ugh, Swiss Capital, we need to talk. Withdrawals are like pulling teeth – slow and painful. Customer support MIA sometimes – frustrating! Also, fees lurking around like hidden traps. Regulated, yes, but the struggle is real. Not my ideal trading romance.
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2023-12-06 10:59
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