SwissTrading24 Review 2024 | Information about SwissTrading24 Forex Broker

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SwissTrading24

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Operating status: SCAM

Website: https://swisstrading24.com/

Broker violations and abnormal records

2024-07-22 The FINMA issues a warning against SwissTrading24
On July 23, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against SwissTrading24, stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/swisstrading24/

On July 23, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against SwissTrading24, stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/swisstrading24/
2024-07-25 BrokersView has Reviewed that SwissTrading24 is an Unregulated Broker
According to its website, it shows two addresses. One is Switzerland and the other is the United Kingdom. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).
In addition, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against SwissTrading24, stating that this broker is not supervised.
The truth is that SwissTrading24 is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
SwissTrading24 is a scam.

According to its website, it shows two addresses. One is Switzerland and the other is the United Kingdom. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). In addition, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against SwissTrading24, stating that this broker is not supervised.The truth is that SwissTrading24 is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.SwissTrading24 is a scam.

Related Complaints

Q&A Complaints

How to open an acc with SwissTrading24?

AllisWong

Eritrea

2024-07-30

ANSWER We strongly suggest you avoid using SwissTrading24, due to its unlicensed status.The platform doesn't provide any regulatory information for verification. Despite claiming to have offices in the UK and Switzerland, there are no records from relevant financial regulators to substantiate its legitimacy. In addition, the Swiss Financial Market Supervisory Authority (FINMA) has added SwissTrading24 to its warning list for lacking the required authorization.In light of this, SwissTrading24 is risky. To have a safer trading environment, it is strongly advised against trading with unregulated brokers like SwissTrading24 and instead choose fully regulated ones.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.