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

Find out if SwissTrades is a safe option for your investments. We tell you the analysis we carried out on this company.

Be sure to review every detail to make an informed decision.

We analyze the website and examine the main characteristics that are taken into account when choosing a real broker such as location and regulation, among other details.

Below is the essential information on SwissTrades and the reason for our conclusion:

Basic Information

🌐 Websiteswisstrades365.com
🏠Company *​Ninety One Group Ltd
RegulatoryIt is not regulated.
📧 EmailDoes not have
📈PlatformOwn platform
📌Address​Does not mention.
🕑 Website ageWebsite registered in: 2024-01
Company typeforex, CFDs, cryptocurrencies, indices, rails and energy broker.

Company:
⚠️ SwissTrades is owned by Ninety One Group Ltd, a company registered in Castries, Saint Lucia. However, this does not reduce doubts about its credibility.

Location:
⚠️ The company does not mention its location.

We can already tell you that we are concerned about several characteristics of this company.

What is SwissTrades?

By examining the website we conclude that it is a forex, CFDs, cryptocurrencies, indices, rails and energy broker.

Account types

The company does not provide the following information about having different types of accounts.

Here the different types of accounts/plans SwissTrades:

types of accountsMINIMUM INITIAL DEPOSIT
STANDARD 10000€
ADVANCED25000€
PLATINUM100000€
EXPERT250000€
VIP500000€

Information on the web

SwissTrades website

Capture made May '2024 from the website of SwissTrades, which is swisstrades365.com .

Contact: phone numbers and email

After having performed an analysis of the website:

📞 We have found the following phone number: Not mentioned.

📧 We have found the following email: [email protected]

Regulation of SwissTrades

Analyzing in depth the ⚖️ regulatory situation ⚖️ of the company we reach the following conclusion:

They mention being regulated by FCA, CySEC and ASIC but they do not provide the regulation number to be able to verify that it is a true regulation. We believe they are trying to deceive and are an unregulated company. Investors should be aware that trading with an unregulated broker carries significant risks.

It is essential to do thorough research before trusting a company with your investment.

🚫 final assessment of SwissTrades 🚫

Completely analyzing the most important features of SwissTrades and we come to the following conclusion:

Location: It does not mention any information about its location and questions its authenticity.

Regulatory: It mentions being regulated by FCA, CySEC and ASIC but it turns out to be false information, which shows a lack of seriousness on the part of the company and intentions to deceive customers.

The company has been reported by BaFin, Federal Superintendency of Financial Supervision.

EXTREME CAUTION.

After a thorough examination of the website of SwissTrades, is confirmed to operate as a forex broker, as well as offering CFDs on stocks and indices. However, it is worth noting that the domain “swisstrades365.com” was registered in March 2024, a new entity in the market.

We emphasize the importance of taking into account that SwissTrades has been reported by the Federal Superintendency of Financial Supervision (BaFin), which confirms the need for extreme caution when considering any type of business relationship with this company.

🚨🚨 In summary, our evaluation indicates that this company does not meet the required seriousness and safety standards. We recommend that you be cautious when considering any type of financial transaction with her. 🚨🚨

Updates

➡️ News about SwissTrades:

Date Update – news
May 2024Complaint against SwissTrades financial regulator BaFin, Federal Superintendency of Financial Supervision.

Be very careful!

User Reviews

[democracy id = ”8921 ″]

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

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


How to Claim Money Scammed by SwissTrades

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 SwissTrades

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

Are there (recommended) alternatives to SwissTrades?

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

How can I report SwissTrades?

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 SwissTrades reliable?

No. SwissTrades It is not reliable, it is a very unsafe company: It does not mention its location, it is not regulated and it has a complaint from the BaFin regulator, Federal Superintendency of Financial Supervision.

How to recover money from SwissTrades?

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.

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.

2 comments on «SwissTrades: opinion and comments – Is it a scam?»

  1. María Reply

    This company will rip you off. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Maria, thank you for writing about SwissTrades. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      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 fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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