Score

1.51 /10
Danger

Swisspro Markets

United Arab Emirates

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.00

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

Swisspro Markets Limited

Company Abbreviation

Swisspro Markets

Platform registered country and region

United Arab Emirates

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Swisspro Markets · Company summary

General Information

Swisspro Markets is a United Arab Emirates-registered forex broker offering its clients more than 200 trading products such as forex pairs, indices, metals, shares and more, spreads as low as 0.01 pips with zero commission, leverage up to 1:1000, 24/5 live and multilingual customer support for its clients all around the globe.

General

Is Swisspro Markets safe to trade?

Swisspro Markets is a trading name owned and operated by operated by Swisspro Markets Limited, not subject to any regulation for the moment. Trading with an unregulated broker is risky, as they can do whatever they want to for trading account, draining up your money, blocking your account, rejecting your withdrawal application due to lack of regulation. When you step into the forex world, the foremost and most vital step is to find a strictly regulated broker to ensure a secure and transparent trading environment.

Market Instruments

With Swisspro Markets, traders can get access to a series of popular financial markets, including trading instruments such as forex pairs, precious metals, indices, commodities, shares, cryptocurrencies.

  • Forex-Over 38 currency pairs, majors, minors, exotic pairs

  • Precious Metals-Gold, Silver, and Platinum & Copper

  • Indices-9 global indices to trade from

  • Shares-Over 150 stocks to choose from

  • Crypto currencies

  • Commodities

Account Types

There are five trading accounts are on offer, with the minimum initial deposit for each accounts not disclosed. Each account shares almost the same offerings, except spreads.

Micro Accounts

  • Spreads from 2 pips

  • Leverage up to: 1:500

  • Commission: $0

  • Swap Free

  • Forex CFD & Stocks

ECN Classic Accounts

  • Spreads from 1pips

  • Leverage up to: 1:500

  • Commission: $0

  • Swap Free

  • Forex CFD & Stocks

ECN Elite Accounts

  • Spreads from 2 pips

  • Leverage up to: 1:500

  • Commission: $0

  • Swap Free

  • Forex CFD & Stocks

Premium Accounts

  • Spreads from 2 pips

  • Leverage up to: 1:500

  • Commission: $0

  • Swap Free

  • Forex CFD & Stocks

VIP Accounts

  • Spreads from 1 pips

  • Leverage up to: 1:500

  • Commission: $0

  • Swap Free

  • Forex CFD & Stocks

account

How to open an account?

Opening an account with Swisspro Markets is an easy and fast process. You just need to fill out an account opening application form, and then upload your identification documents, funding your accounts and start your trading.

Spreads & Commissions

There is no specialized spread section on the Swisspro Markets website, and spread is determined by trading accounts you are holding. This broker calculates all its trading costs into spreads. ECN account holders can enjoy more competitive spreads from 1 pip, and Micro and Classic account are offered spreads from 2 pips. There is no commission charged for all accounts.

Trading Platform

Swisspro Markets offers its traders access to the industry-recognized MT5 trading platform, available for Windows and Mac. A set of MetaTrader applications for Android and IOS allows you to trade on your account from any smartphone or tablets.

Some advanced features of the MT5 trading platform are listed below:

  • Highly customized

  • User-Friendly

  • Various charts and technical indicators

  • Expert Advisors (EA) supported

platform

Trading Tools

Aside from the MT5 ttarding platform, Swisspro Markets alos offers some trading tools to help you quickly acquaint yourselves with forex trading. They include Economic Calendar, MAM, CopyTrade, AUTO Chartist.

Deposit & Withdrawal

As for deposit & withdrawal, Swisspro Markets works with a series of payment options for traders to make a deposit and withdrawal, including Bank Wire, VISA, MasterCard, as well as some electronic payment processors like Skrill, Neteller, WebMoney and Perfect Money. The minimum deposit and withdrawal amount is not disclosed. Swisspro Markets claims that it will cover 50% of any deposit fees charged by payment providers.

Deposit via credit cards and bank wire will instantly appear in your account, while if you make deposit or withdrawal through e-payment processors, it usually takes 3-4 working days to process.

Deposit

Customer Support

The Swisspro Markets offers 24/5 live and multilingual customer support and they can also be reached through telephone at: +447425680331, and email: support@swisspromarkets.com. Furthermore, you can also follow this company via some social media platforms including Facebook, Twitter, Youtube, Linkedin and Instagram.

User Reviews

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User comment

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Comments

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FX2443950042
more than one year
totally scammed broker..they don't give my 30k $ account withdrawal...don't trust and trade with above broker...only scammers last 1 year I am trying for their withdrawal..but they blocked my account... no support from mediator and swiss pro team ...All traders stay away from this brokerbroker
totally scammed broker..they don't give my 30k $ account withdrawal...don't trust and trade with above broker...only scammers last 1 year I am trying for their withdrawal..but they blocked my account... no support from mediator and swiss pro team ...All traders stay away from this brokerbroker
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2022-12-16 11:13
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FX1099739628
more than one year
¡Esta empresa fraudulenta que decía estar registrada en los Emiratos Árabes Unidos ha vendido su nombre de dominio! Hay que decir que según la información proporcionada por wikifx, las condiciones comerciales que ofrece son bastante atractivas. Pero la seguridad es lo más importante, ¿no?
¡Esta empresa fraudulenta que decía estar registrada en los Emiratos Árabes Unidos ha vendido su nombre de dominio! Hay que decir que según la información proporcionada por wikifx, las condiciones comerciales que ofrece son bastante atractivas. Pero la seguridad es lo más importante, ¿no?
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2022-12-06 10:20
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