Note: SwedenCap's official website: https://www.swedencap.com is normally inaccessible.
SwedenCap Information
SwedenCap is an unregulated brokerage company registered in Saint Kitts and Nevis. While the broker's official website has been closed, so traders cannot obtain more security information.
Is SwedenCap Legit?
SwedenCap is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
Downsides of SwedenCap
The SwedenCap website is inaccessible, raising concerns about its reliability and accessibility.
Since SwedenCap does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
SwedenCap is not regulated, which is less safe than a regulated one.
According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.
Negative SwedenCap Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
Currently, there were 3 pieces of SwedenCap exposure in total.
Exposure. Cannot withdraw/Scams/Others
You may visit: https://www.wikifx.com/en/comments/detail/202009267102566040.html https://www.wikifx.com/en/comments/detail/202007093542751054.html https://www.wikifx.com/en/comments/detail/202007096842837557.html.
Conclusion
SwedenCap Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
2023-03-01 18:18
