✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in SwissFX Bank. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about SwissFX Bank and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteswissfxbank.live
🏠 Company*SwissFX bank Group Limited
RegulatoryNot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 Directiondoes not mention it

⚠️ SwissFX Bank is owned by SwissFX bank Group Limited, the company does not mention where it is located, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in an unknown place, be careful. ⚠️

Account types

We now move on to analyze the account types offered by SwissFX Bank, in this case, we note that it mentions that it offers account types, but does not provide information.

Information on the web

SwissFX Bank website

SwissFX Bank provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, informative videos, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 SwissFX Bank Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH SwissFX Bank.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about SwissFX Bank:

Date Update – news
November 2022We receive a large number of messages from SwissFX Bank clients who claim that they cannot withdraw their capital.
February 2023Complaint against SwissFX Bank of CONSOB.
June 2023Complaint against SwissFX Bank of FSMA.

User Reviews

[democracy id = ”5843 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with SwissFX Bank.

At the end of the review you will find customer comments.


How to Claim Money Scammed by SwissFX Bank

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report SwissFX Bank

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report SwissFX Bank?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is SwissFX Bank a scam – is it a scam?

Yes. We believe that SwissFX Bank is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is SwissFX Bank trustworthy?

No. SwissFX Bank is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from SwissFX Bank?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to SwissFX Bank?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

6 comments on «Is SwissFX Bank a scam? Opinions of 2023»

    • Recommended-brokers.com Reply

      Hi Camilo, thanks for writing about SwissFX Bank. This broker is considered a SCAM. The FSMA (Financial Regulator of Belgium) has put a notice on them, for lack of regulation and for deceiving their clients (See FSMA link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  1. Lorenzo Reply

    CONSOB has launched an alarm against questi grandi truffatori, statene alla long

    • Recommended-brokers.com Reply

      Hi Lorenxo, thanks for commenting on SwissFX Bank. This broker is a SCAM. The CONSOB (Italian Financial Regulator) has already warned about them, for lying and not being regulated (See CONSOB link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  2. Francesco Reply

    Ho perso sia i soldi investiti sia quelli che avevo guadagnato con swissfxbank .com, ho avuto che fare con un certo dott Claudio Marelli, sta di fatto che malgrado ho escritto a qualsiasi società Cysec, FCA, consob, la société francese è quella australiana , ed infinity up there, nessuno conosce this società, non hanno nessuna licenza e purtroppo quello che è perso è perso. In this day I have called a different Romanian accent of mine with the name of Alessandro Fumagalli (richer ovunque I exist only other people who are not fanno trader) with this name, I have said that I have sold it in his account, to recover it dovrebbe I will pay, when I have these things, these days I feel I am going to sleep and I will not break the cazzo. Cmq hanno cambiato nome del domaino en https :// swissfxbank .live/platforms.html, state attention non vi lasciate convincere, purtroppo io ci ho rimesso soldi, quindi uomo avvisato mezzo salvato. Il nome che vedete non è il mine, ma per scrivere dovevo e quindi ho messo uno a caso, aprite gli occhi

    • Recommended-brokers.com Reply

      Hi Francesco, thanks for writing about SwissFX Bank. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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