SwedenCap

Note: SwedenCap is to operate via the website - https://www.swedencap.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

General Information & Regulation

SwedenCap is allegedly a forex broker registered in Saint Kitts and Nevis that claims to provide its clients with various tradable financial instruments with variable spreads on the MT4 and MT4 Mobile trading platforms via six different live account types. Here is the home page of this brokers official site:

As for regulation, it has been verified that SwedenCap does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.44/10. Please be aware of the risk.

Market Instruments

SwedenCap advertises that it offers access to a wide range of trading instruments in financial markets, including forex (140), stocks, commodities (45), indices and cryptocurrencies (150).

Account Types

SwedenCap claims to offer five types of trading accounts - Micro, Bronze, Silver, Gold and Platinum with minimum initial deposit requirements of $200, $10,000, $20,000, $50,000 and $100,000 respectively, as well as a Platinum VIP account about which no further information is given. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Spreads

All spreads with SwedenCap are a variable type, but we have no way to get more details about it due to its broken links.

Trading Platform Available

The platform available for trading at SwedenCap is one of the most notable and preferred trading platforms the market offers - MetaTrader4 and MT4 Mobile. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

SwedenCap says to work with numerous means of deposit and withdrawal choices, consisting of credit/debit cards like Visa and MasterCard, as well as Bank transfer and Bitcoin. The minimum initial deposit requirement is said to be $200. Withdrawals are said to be processed in 5 days.

Customer Support

SwedenCaps customer support can be reached by telephone: 18697654496, email: support@SwedenCap.com. You can also follow this broker on social networks such as YouTube. Company address: Charlestown Waterfront Plaza, Suite 556, Main Street. Charlestown, Nevis.

Pros & Cons

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.