In this section we will analyze the broker Swiss Markets, is a CFD broker specialized in cryptocurrencies. Is Swiss Markets really recommended to make an investment? Or is it better not to invest with this company?
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: BDSwiss Holdings PLC.
As to its location, the broker mentions being based in: Cyprus.
If we analyze the regulation of the broker: it is regulated by the CySEC (Cyprus financial regulatory body) with regulation number 199/13.
If now we go on to analyze account types offered by Swiss Markets, we note that it offers 4 account types: the Classic STP Account, the RAW STP Account - SWISS11, the RAW STP Account - SWISS8 and the RAW STP Account - SWISS5.
Classic STP Account- Minimum initial deposit of $ 200, leverage up to 1:30, 1 lot = 100,000.
RAW STP Account - SWISS11- Minimum initial deposit of $ 200, leverage up to 1:30, 1 lot = 100,000.
The third type of account is RAW STP Account - SWISS8- Minimum initial deposit of $ 2.000, leverage up to 1:30, 1 lot = 100,000.
The last type of account is the RAW STP Account - SWISS5- Minimum initial deposit of $ 10.000, leverage up to 1:30, 1 lot = 100,000.
You can see even more features about the account types of the Swiss Markets broker (click aqui to see the image in full size) in the following image:
The platforms to operate that Swiss Markets offers are: the MT4 platform.
We will now analyze the different resources and aids for traders that Swiss Markets provides on its website.
Swiss Markets provides the following aids or resources to traders or interested parties: economic calendar, some trader calculators and currency converter, explanation of the instruments that can be traded with Swiss Markets, not much more than this.
Other information about Swiss Markets
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +34 (91) 0756974
Ending with this section, in our opinion Do we think the Swiss Markets company is trustworthy? Should you invest your money with the company?
At least for now, it does not seem like a very bad option, at least it is a regulated broker, although not with one of the best regulations, it is also regulated by the CySEC.
⛔ Attention ⛔ : in January 2021 CNMV added Swiss Markets to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV January 2021 warning
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