Score

1.30 /10
Danger

SwizzPRO

Estonia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.38

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

CFNX Solution OU

Company Abbreviation

SwizzPRO

Platform registered country and region

Estonia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SwizzPRO · Company summary

Category Details
Company Name CFNX Solution OU
Registered Country Estonia
Founded Year 2021
Regulation Not regulated
Account Types STANDARD, PREMIUM, VIP
Maximum Leverage 1:30
Spreads From 1.4 pips
Customer Support Address: Harju maakond, Tallinn, Kesklinna Linnaosa, Roosikrantsi tn 2-K517, 10119 Estonia

Overview of SwizzPro

SwizzPRO, operated by CFNX Solution OU, is a forex broker based in Estonia that entered the market in 2021. It offers three account types: STANDARD, PREMIUM, and VIP. SwizzPRO provides a maximum leverage of up to 1:30, With spreads starting from 1.4 pips. However, it operates without official regulatory status, and its website is currently inaccessible.

Overview of SwizzPro

Pros and Cons

SwizzPRO provides three different account types. The broker's provision of low minimum spreads can also attract traders seeking cost efficiency. Moreover, its low maximum leverage potentially minimizies risk exposure.

However, the broker lacks regulation, and the inaccessible official website along with the absence of detailed information on minimum deposit requirements create transparency issues.

Pros Cons
  • Three account types
  • No regulation
  • Low minimum spreads
  • Inaccessible official website
  • Flexible leverage
  • Lack of transparency of minimum deposit
  • Limited information on customer support

Is SwizzPro legit or a scam?

SwizzPRO is not under the regulation of any recognized financial authority. This lack of regulatory oversight indicates challenges regarding transparency, the safety of funds, and ethical trading practices.

Account Types

SwizzPRO provides three trading account types: STANDARD, PREMIUM, and VIP. The VIP account offers spreads starting from 1.4 pips, while the STANDARD account provides a maximum leverage of 1:30. However, more specific details on accounts are not available.

Account Types Leverage Spreads
STANDARD 1:30 -
PREMIUM - -
VIP - 1.4 pips

Leverage

SwizzPRO provides a maximum leverage of 1:30 for its STANDARD account.

Leverage

Spreads & Commissions

The minimum spread starts from 1.4 pips for VIP account.

Customer Support

Address: Harju maakond, Tallinn, Kesklinna Linnaosa, Roosikrantsi tn 2-K517, 10119, Estonia

Customer Support

Conclusion

SwizzPro, run by CFNX Solution OU, provides STANDARD, PREMIUM, and VIP accounts, with spreads from 1.4 pips and a maximum leverage of 1:30. Despite these options, the broker lacks regulation. Furthermore, the website is inaccessible, leaving critical information unclear, such as minimum deposit requirements and support details.

FAQs

  1. Q: Is SwizzPro regulated?

    A: No, SwizzPro is not supervised by any regulatory body.

  2. Q: What trading account types are available at SwizzPro?

    A: SwizzPro offers STANDARD, PREMIUM, and VIP accounts.

  3. Q: What is SwizzPro's maximum leverage?

    A: For the STANDARD account, the maximum leverage is 1:30.

  4. Q: What are SwizzPro's minimum spreads?

    A: The VIP account provides spreads starting at 1.4 pips.

  5. Q: How do I reach SwizzPro's customer support?

    A: SwizzPro's customer support is accessible through their address in Tallinn, Estonia. However, due to the inaccessibility of their website, other contact details are unavailable.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

User Reviews

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User comment

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Comments

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FX1592069555
more than one year
As a forex beginner, I'm quite excited about SwizzPRO. Their user-friendly platform, low spreads, and flexible account options make them an excellent choice. The customer support is outstanding, and the demo account is a valuable learning tool. Deposits and withdrawals are smooth. SwizzPRO is my top pick as a beginner.
As a forex beginner, I'm quite excited about SwizzPRO. Their user-friendly platform, low spreads, and flexible account options make them an excellent choice. The customer support is outstanding, and the demo account is a valuable learning tool. Deposits and withdrawals are smooth. SwizzPRO is my top pick as a beginner.
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2024-01-09 18:33
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FX1397222448
more than one year
SwizzPRO offers almost everything I want, live chat support service, demo accounts, MT4 trading platform, and most importantly, free educational resources. If all can always be as smooth as they are now, I am very willing to trade with them all the time. Who doesn't want a professional and reliable broker?
SwizzPRO offers almost everything I want, live chat support service, demo accounts, MT4 trading platform, and most importantly, free educational resources. If all can always be as smooth as they are now, I am very willing to trade with them all the time. Who doesn't want a professional and reliable broker?
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2023-03-20 17:12
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