Home -
SwissFS -

Score

1.54 /10
Danger

SwissFS

Kuwait

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.swissfs.com

Influence

D

Add brokers

Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.23

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

Broker Information

More

Company Name

Swiss International

Company Abbreviation

SwissFS

Platform registered country and region

Kuwait

Company website

X

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

I'm unable to withdraw my profit

i trade over Swissfs company and i get profits over 100K but they deny to send the money and delete every this even disable my account. i have all the evident and i will charge them

FX1849652333
2020-07-22 19:23
Scam

Scam broker.

A client of SwissFS had his account blocked when he tried to withdraw from his account. He communicated this issue to the officials of SwissFS through mail but got no response since then.

Mayaz Ahmad
2021-06-19 17:44
Scam

SwissFS Scam

I Open the Real Trading account with SwissFS in August 2020, with USD 10,000 and tranfer fund via bank detail as provided on their portal . Kindly note my account detail @ portal “my.sifx.sa.com” Account No: 1000192767 MT4 Trading Account No : 550328893 and 550328890 Kindly note the bank tranfer detail of USD 10,000 which was transfered to "Swiss International Company" in in AWAL Bank “SA65500000010694964009” on 26 Aug 2020.

Talal Baig68948
2021-10-01 17:34
SwissFS · Company summary
SwissFS Review Summary
Founded2004
Registered Country/RegionKuwait
RegulationNo regulation
Market InstrumentsForex, indices, equities, ETFs, commodities
Account TypeLive Account, Demo Account
Demo Account✔
LeverageUp to 1:200
Trading PlatformMT4
Customer SupportPhone: +965-22020490
Email: admin@swissfs.com
Physical Address: City Tower ( Al Madina Tower) Floor 16 Khalid Ibn Al Waleed Street Sharq Kuwait P.O.BOX 26635, SAFAT 13127

SwissFS Information

SwissFS, founded in 2004, is a brokerage registered in Kuwait. The trading instruments it provides cover Forex, indices, equities, ETFs, commodities. It is unregulated.

SwissFS Information

Pros and Cons

Pros Cons
Wide range of trading instrumentsUnregulated
Generous leverage up to 1:200No clear information about accounts
MT4 supportedLimited account types offered
Demo account availableNo commission information
No Islamic account
No payment methods information offered

Is SwissFS Legit?

It is clear that SwissFS is currently unregulated.

Is SwissFS Legit?

What Can I Trade on SwissFS?

SwissFS offers traders forex, indices, equities, ETFs, commodities to trade.

Tradable Instruments Supported
Forex✔
Commodities✔
Equities✔
ETFs✔
Indices✔
Metals❌
Futures❌
Options❌
What Can I Trade on SwissFS?

Account Types

SwissFS offers 2 different types of accounts to traders - Live Account, Demo Account. But there is no more account information on its official website.

Trading Platform

SwissFS's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTrader✔Web, Mobile
MT5❌
Trading Platform

User Reviews

More

User comment

7

Comments

Write a review

Eulalia Blackwood
more than one year
SwissFS opened up the financial world for me with a variety of trading instruments and a user-friendly account setup. The 1:200 leverage and MT4 platform make trading flexible, and the customer support is responsive. Overall, a decent experience.
SwissFS opened up the financial world for me with a variety of trading instruments and a user-friendly account setup. The 1:200 leverage and MT4 platform make trading flexible, and the customer support is responsive. Overall, a decent experience.
Translate to English
2023-12-06 10:15
Reply
0
0
Thaddeus Montgomery
more than one year
SwissFS falls short on crucial aspects – no regulatory authorization, undisclosed spreads and commissions, and high leverage. The lack of transparency and accountability is a red flag. Caution is advised for potential traders.
SwissFS falls short on crucial aspects – no regulatory authorization, undisclosed spreads and commissions, and high leverage. The lack of transparency and accountability is a red flag. Caution is advised for potential traders.
Translate to English
2023-12-05 16:16
Reply
0
0
3