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No Regulation
Score
1.51 /10
Danger
SwissCFD
5-10 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.03
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-11
- 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
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.
Trading Platform
SwissCFD uses MT5 as its trading platform. However, detailed information about its trading platform is limited.
Deposit and Withdrawal
SwissCFD accepts payments via VISA, MasterCard, UnionPay, Neteller, Skrill, PayPal and bank wire.
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