SwissCFD

WikiFX | 2024-10-29 13:57

Abstract：SwissCFD is a financial company which claims to be registered in the Marshall Islands. It is not regulated, and the information about this company is limited. It claims to offer forex and CFD trading with leverage up to 1:500. Moreover, the minimum deposit is high, which is up to $500.

Note: SwissCFD's official website https://www.swisscfd.com is currently inaccessible normally.

SwissCFDReview Summary
Founded	/
Registered Country/Region	Marshall Islands
Regulation	No Regulation
Market Instruments	Forex, CFD, indices, cryptos
Demo Account	/
Leverage	Up to 1:500
Spread	From 1 pip (Mini account)
Trading Platform	MetaTrader 5
Min Deposit	$500
Customer Support	Email: support@swisscfd.com

SwissCFD is a financial company which claims to be registered in the Marshall Islands. It is not regulated, and the information about this company is limited. It claims to offer forex and CFD trading with leverage up to 1:500. Moreover, the minimum deposit is high, which is up to $500.

Pros and Cons

Pros	Cons
MT5 supported	Lack of regulation
Relatively low spreads	Blacklisted by CONSOB
	High initial deposit requirement
	Limited contact channels

Is SwissCFD Legit?

SwissCFD is not regulated by the financial services regulatory authority in Marshall Islands, which means that the company lacks regulation from its registration site.

What Can I Trade on SwissCFD?

SwissCFD seems to offer trading services on forex, CFDs, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	❌
Indices	✔
Cryptos	✔
Stocks	❌

Account Type/Fees

SwissCFD offers 3 types of accounts: Mini, Standard, and Exclusive accounts.

Account Type	Min Deposit	Max Leverage	Spread
Mini	$500	1:500	From 1 pip
Standard	$10,000	1:400	Fixed
Exclusive	$20,000	1:300	From 0 pips

Leverage

For the Mini account, the leverage can be up to 1:500, and for the Standard and the Exclusive account, the leverage of each can be up to 1:400 and 1:300.