SwissCoinCo

WikiFX | 2024-12-13 16:23

Abstract：SwissCoinCo is a broker. Over 500 instruments with a maximum leverage of 1:500 include forex, commodities, stocks, cryptocurrencies, and indices. The broker also provides demo accounts and various real accounts. The minimum spread is from 0 pips and the minimum deposit is $250. SwissCoinCo is still risky due to its unregulated status and inconsistent account information. The account information on the trader's official website is inconsistent, and traders should be on high alert.

SwissCoinCoReview Summary
Founded	2023-10-20
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex/Commodities/Stocks/Cryptocurrencies/Indices
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0 pips
Trading Platform	SwissCoinCo (Web)
Min Deposit	$250
Customer Support	Phone: +44 2038687828
Customer Support	Email: support@swisscoinco.com

SwissCoinCo Information

SwissCoinCo is a broker. Over 500 instruments with a maximum leverage of 1:500 include forex, commodities, stocks, cryptocurrencies, and indices. The broker also provides demo accounts and various real accounts. The minimum spread is from 0 pips and the minimum deposit is $250. SwissCoinCo is still risky due to its unregulated status and inconsistent account information. The account information on the trader's official website is inconsistent, and traders should be on high alert.

Pros and Cons

Pros	Cons
Various tradable instruments	Unregulated
Demo account available	MT4/MT5 unavailable
Spread as low as 0 pips	No 24/7 customer support
Leverage up to 1:500	Account information inconsistent

Is SwissCoinCo Legit?

SwissCoinCo is not regulated, making it less safe than regulated brokers.

What Can I Trade on SwissCoinCo?

SwissCoinCo offers a wide range of market instruments, including forex, commodities, stocks, cryptocurrencies, and indices.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indice	✔
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

SwissCoinCo provides 4 account types with bonuses up to 100%: standard, silver, gold, and VIP. Traders who want low leverage can choose a standard account, while those who want low spread can open a VIP account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type	Standard	Silver	Gold	VIP
Demo account	✔	✔	✔	✔
Max leverage	Up to 1:200	Up to 1:300	Up to 1:400	Up to 1:500
Min spread	From 1.5 pips	From 1.5 pips	From 0.8 pips	From 0 pips
Bonus	Up to 30%	Up to 50%	Up to 70%	Up to 100%

SwissCoinCo also shows five additional account types: standard, advances, platinum, expert, and VIP. The account information is messy and seems unreliable.

Account Type	Standard	Advances	Platinum	Expert	VIP
Pricing	10000€	25000€	100000€	250000€	500000€
Leverage	Up to 1:20	Up to 1:40	Up to 1:100	Up to 1:200	Up to 1:400
Spreads	Varies from asset to another	Varies from asset to another	Varies from asset to another	Varies from asset to another	Varies from asset to another
Swap Reduction	10%	20%	30%	40%	50%
Stop Out Level	10%	8%	6%	4%	2%
Divides per Month	❌	1000€	3000€	7500€	15000€

SwissCoinCo Fees

The spread is from 0 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

SwissCoinCo provides a proprietytrading platform available on the web to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading Platform	Supported	Available Devices
SwissCoinCo	✔	Web

Deposit and Withdrawal

The minimum deposit is $250. SwissCoinCo accepts Visa, Bitcoin, Mastercard, and Wire Transfer for deposit and withdrawal. The withdrawal requests are processed within a few days.