SwissFS Review – What Do We Know About This Forex Broker?

William Thompson 10.01.2023 No Comments
Rating
Table of Contents
Broker status Offshore Scam Broker
Regulated by Unlicensed Forex Provider / No Regulation
Scammers Websites Swissfs.com
Blacklisted as a Scam by N/A
Owned by Swiss For Trading In Currencies, Metals and Commodities Co
Headquarters Country Kuwait (allegedly)
Foundation year N/A
Supported Platforms MT4
Minimum Deposit N/A
Cryptocurrencies Forex, commodities, indices, shares, ETFs
Types of Assets Not Available
Maximum Leverage N/A
Free Demo Account Yes

Is SwissFS A Forex Scam Broker?

SwissFS is a trademark of Swiss For Trading Currencies Metals and Commodities Co. It was registered in Kuwait. According to the company, it holds a license from Kuwait’s Ministry of Commerce and Industry. The Kuwait Chamber of Commerce should also regulate SwissFS.

Our research revealed that the brokerage has not been registered with any of these organizations and does not have regulations.

There’s a good chance you won’t get your money back if you make a mistake with this scammer. We need your story. Please feel free to contact our team with any information you might have about the SwissFS trading fraud.

SwissFS is not located in Kuwait. It is not licensed to provide trading services. Low trust and multiple withdrawal issues are reflected in negative reviews.

False Claims about Regulation are a bad sign

The Central Bank of Kuwait (CBK) is the primary regulator for FX licenses in Kuwait. We did not find any results regarding SwissFS or its alleged owner when we searched the database. Accordingly, the firm claims it is licensed.

These claims are the basis of SwissFS’ reputation, and we want to tell you that they are false.

Are SwissFS scam victims living in Canada?

The majority of SwissFS victims are from:

  • Saudi Arabia
  • UAE
  • Turkey
  • Egypt
  • Kuwait

The brokerage’s focus is on the Gulf countries where the story of the license could pass. Do not fall for it and do not invest one cent with Swissfs.com.

SwissFS MetaTrader 4 Platform

The SwissFS trading platform is quite impressive. Access to MT4 (an older version of MetaQuotes) is available through the company. It is an incredible platform that has millions of users. This software or its successor MT5 is offered by most licensed brokers. You may mistake SwissFS for a legitimate financial services provider.

SwissFS, despite its impressive software and many TAs, is a trading fraud.

SwissFS Mobile Trading – Is there a mobile app?

SwissFS MT4 also comes with a mobile application, just like any MetaTrader. It is compatible with both Android and iOS devices, and allows for smooth login. This is a wonderful feature, but it’s important to remember the broker’s regulatory status.

What can I trade with the SwissFS Brokers?

SwissFS clients have access to the following trading assets

  • Currency pairs: EUR/USD. GBP/AUD. USD/ILS
  • Commodities Gold, Natural Gas, Crude Oil
  • Indices – AU200, BE20, NASDAQ
  • Shares – Alibaba, Nvidia, Adidas
  • ETFs – SPDR S&P 500, Invesco QQQ

Another disadvantage is that crypto trading is not permitted.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

SwissFS: Video

Below you will find a short video about SwissFS. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about SwissFS!

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Author: William Thompson
William Thompson

Copywriter with more than 10 years of experience. Wrote analytical content for one of the largest forex brokers in the world. Works as an editor-in-chief at assistance-refund.com

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FAQ

  • SwissFS is a legitimate broker. Should I invest in it?

    SwissFS is not a legitimate broker. Contact us if you are having problems receiving your payouts, or if your request for withdrawal is denied.

  • SwissFS is a MetaTrader4 Forex Broker

    SwissFS is a MetaTrader4 Forex broker. SwissFS offers full access to all MT4 features.

  • What is the minimum deposit for SwissFS?

    We do not have information about minimum deposits, withdrawal amounts, or accepted payment methods.

  • SwissFS Deposit Methods: How to Deposit?

    The minimum SwissFS deposit is not disclosed. We do not have any Terms and Conditions, or other legal documents to specify this. We don't know anything about accepted payment methods.

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