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SwissCFD

SwissCFD | 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/RegionMarshall Islands
RegulationNo Regulation
Market InstrumentsForex, CFD, indices, cryptos
Demo Account/
LeverageUp to 1:500
SpreadFrom 1 pip (Mini account)
Trading PlatformMetaTrader 5
Min Deposit$500
Customer SupportEmail: 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 supportedLack of regulation
Relatively low spreadsBlacklisted by CONSOB
High initial deposit requirement
Limited contact channels

Is SwissCFD Legit?

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 TypeMin DepositMax LeverageSpread
Mini$5001:500From 1 pip
Standard$10,0001:400Fixed
Exclusive$20,0001:300From 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.

Related broker

No Regulation
SwissCFD
Company name:Brown Fox Ltd
Score
1.54
Website:https://www.swisscfd.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.54

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