Score

1.09 /10
Danger

SwissCoinCo

Saint Vincent and the Grenadines

Within 1 year

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index3.75

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • 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

SwissCoinCo · Company summary
AspectDetails
Company NameSwissCoinCo
Registered Country/AreaSaint Vincent and the Grenadines
Founded YearWithin 1 year
RegulationUnregulated
Products and ServicesStocks, Forex, Indices, Cryptocurrencies, Commodities
Minimum Deposit€10,000
Maximum Leverage1:20 to 1:1000
Account TypesStandard, Advanced, Platlnum, Expert, VIP, Professional
Trading PlatformsSwissCoinCo
Deposit & WithdrawalBank Wire Transfers, Credit/Debit Cards, eWallets
Customer SupportEmail: support@swisscoinco.com; Phone: +442038687828Physical Address; Contact Form

Overview of SwissCoinCo

SwissCoinCo is an investment company registered in Saint Vincent and the Grenadines, established within the last year. It offers a variety of tradable assets, including stocks, forex, indices, cryptocurrencies, and commodities, allowing traders to diversify their portfolios. The platform provides six types of accounts, ranging from beginner to institutional levels, with leverage options from 1:20 to 1:1000.

SwissCoinCo platform supports multi-device access and features advanced charting tools and technical indicators. It offers secure deposit and withdrawal methods, including bank wire transfers, credit/debit cards, and eWallets. However, SwissCoinCo operates without regulatory oversight.

Overview of SwissCoinCo

Regulatory Status

This company operates without regulation. This absence of regulation can lead to concerns about the security of investments, transparency, and compliance with financial standards, making it potentially risky for users.

Regulatory Status

Pros and Cons

ProsCons
Offers Five Types of AssetsShort Establishment Period
No Download RequiredLack of Regulation
Multi-Device Support
Advanced Charting Tools and Technical Indicators

Pros

  1. Offer Five Types of Assets:
    1. SwissCoinCo offers a wide range of tradable assets, including stocks, forex, indices, cryptocurrencies, and commodities. This allows traders to diversify their portfolios and explore various market opportunities from a single platform.
  2. No Download Required:
    1. SwissCoinCo's CED WebTrader platform requires no downloads, allowing traders to quickly access global financial markets anytime, anywhere, ensuring they never miss a trading opportunity.
  3. Multi-Device Support:
    1. SwissCoinCo supports trading from various devices, including desktops, laptops, tablets, and smartphones, ensuring users can trade conveniently from any device.
  4. Advanced Charting Tools and Technical Indicators:
    1. The platform provides powerful charting tools and technical indicators, helping traders conduct comprehensive market analysis and make informed trading decisions.

Cons

  1. Short Establishment Period:
    1. SwissCoinCo is a relatively new platform. Due to its shorter establishment period, it may lack the experience and historical performance data that more established competitors offer.
  2. Lack of Regulation:
    1. The regulatory status of the platform is unclear. This can be a significant concern for users who prioritize investment security and compliance. The absence of regulation deter potential traders who are looking for a platform that ensures robust protections for their investments and personal information.
Pros and Cons
Pros and Cons
Pros and Cons

Market Instruments

SwissCoinCo offers five market tools designed to meet various trading preferences.

Forex: Forex trading on SwissCoinCo involves buying and selling currencies. It is characterized by low costs and no commissions, making it a cost-effective choice for traders looking to capitalize on currency price movements in global markets.

Indices: SwissCoinCo features indices composed of some of the best-performing companies in various markets. Investing in indices allows traders to gain exposure to the overall performance of specific sectors or economies, providing a broader perspective on market trends.

Cryptocurrencies: Cryptocurrencies have gained immense popularity on SwissCoinCo and are considered one of the most dynamic trading assets. These digital currencies offer significant trading opportunities due to their volatility, attracting traders seeking potentially high returns within a relatively short period.

Stocks: SwissCoinCo offers a diverse selection of global stocks for trading. Traders can easily diversify their portfolios by investing in stocks from different industries and regions, allowing them to capitalize on specific company performances and sectoral trends.

Commodities: The platform provides access to a wide range of commodities, including precious metals, agricultural products, and energy resources. Trading commodities on SwissCoinCo allows investors to hedge against inflation, diversify their investments, and take advantage of global supply and demand dynamics.

Market Instruments
Market Instruments

Account Types

Account TypeInitial DepositLeverageAdditional Benefits
Standard€10,000Up to 1:20Basic trading features
Advanced€25,000Up to 1:40Analyst training sessions
Platinum€100,000Up to 1:100Premium trading rooms, swap reduction
Expert€250,000Up to 1:200Managed account sessions, advanced analytics
VIP€500,000Up to 1:400Dividends, VIP events
Professional€2,000,000Up to 1:1000Independent contracts, unlimited sessions

SwissCoinCo provides 6 types of account types tailored to different levels of trading experience and investment sizes.

  • Standard: Designed for beginners with a starting deposit of €10,000, offering leverage up to 1:20 and basic trading features.
  • Advanced: Targets more experienced traders with a €25,000 deposit, providing leverage up to 1:40 and additional benefits like analyst training sessions.
  • Platinum: For seasoned traders investing €100,000, offering leverage up to 1:100, enhanced swap reduction, and access to premium trading rooms.
  • Expert: Aimed at advanced traders with a deposit of €250,000, featuring leverage up to 1:200, frequent analyst training sessions, and managed account options.
  • VIP: Catering to high-net-worth individuals with a deposit of €500,000, providing leverage up to 1:400, dividends, and exclusive VIP events.
  • Professional: Designed for institutional traders with a substantial deposit of €2,000,000, offering the highest leverage up to 1:1000, unlimited trading sessions, and independent contract management.
Account Types

Leverage

Each account type offered by SwissCoinCo features a distinct leverage ratio, ranging from a minimum of 1:20 to a maximum of 1:1000. This tiered leverage design allows investors to choose an account type that aligns with their risk preferences and capital size. Accounts with lower leverage, such as Standard and Advanced, are suitable for conservative investors, whereas higher leverage accounts like Professional provide greater flexibility and potential for investors with higher risk tolerance and more complex trading strategies.

Spreads & Commissions

SwissCoinCo offers a range of account types with varying spreads and commissions tailored to different levels of traders. The minimum spreads start from 1.5 pips for the Standard and Silver accounts, decreasing to as low as 0.8 pips for the Gold account, and potentially to 0 pips for the VIP account. This tiered approach allows traders to select an account that aligns with their trading frequency and strategy, offering competitive pricing as they move up the account tiers.

Spreads & Commissions

Trading Platform

SwissCoinCo offers an award-winning trading platform. This platform is accessible without any downloads, featuring a seamless and user-friendly design. It boasts a customizable interface, allowing traders to personalize their trading environment. With a large menu of tradable assets, including cryptocurrencies, forex, commodities, and indices, the platform provides extensive opportunities for portfolio diversification. It also includes a wealth of charting tools and technical indicators essential for in-depth market analysis, and supports one-click, fast trade executions to capitalize on market movements swiftly.

Trading Platform
Trading Platform

Deposit & Withdrawal

SwissCoinCo offers a variety of secure deposit methods, including bank wire transfers, credit/debit cards, and popular electronic wallets. The reflection time for deposits varies by method, with credit/debit cards and eWallets processing within minutes, while bank wire transfers take 3-5 days. SwissCoinCo provides six account types with varying initial deposit requirements: Standard (€10,000), Advanced (€25,000), Platinum (€100,000), Expert (€250,000), VIP (€500,000), and Professional (€2,000,000). Accounts can be held in USD, EUR, or GBP, with local currency funding available without extra fees.

Deposit & Withdrawal

Customer Support

SwissCoinCo provides comprehensive customer support through the following channels:

  1. Contact Options:

Email: support@swisscoinco.com

Phone: +442038687828

  1. Physical Address:

Euro House, Richmond Hill Road, Kingstown PO BOX 2897, VC0100, Kingstown, St. Vincent and the Grenadines

  1. Contact Form:

Allows clients to directly interact by filling out a form on their website, including fields for Full Name, Subject, Email, Phone, and Message.

Customer Support
Customer Support

Conclusion

Above all, SwissCoinCo presents both advantages and disadvantages for traders. On the positive side, it offers a wide range of tradable assets, an easy-to-use web-based platform accessible across multiple devices, and advanced charting tools that cater to both novice and seasoned traders. However, its lack of regulatory oversight and relatively short establishment period pose potential risks regarding investment security and platform reliability.

FAQs

What assets can I trade on SwissCoinCo?

SwissCoinCo offers stocks, forex, indices, cryptocurrencies, and commodities.

Is SwissCoinCo regulated?

No, SwissCoinCo operates without regulatory oversight.

What are the deposit methods available?

Deposits can be made via bank wire transfers, credit/debit cards, and electronic wallets.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

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