Royal Swiss Market was an unlicensed Forex & Digital Contracts broker that opened in July 2017, and is now closed. For problems making a withdrawal from a broker, read this.
They are owned by Chillimarkets LTD, which is located at: 5 Narva Mnt, Tallin City, Estonia. Contact phone number in the United Kingdom: +44 203 807 4759. Contact email address is: [email protected], and the brokers official website is: https://www.royalswissmarket.com/.
Royal Swiss Market Review
A review of Royal Swiss Market finds that they are offering the new Tradologic CFD trading software for Fixed Return Options and Forex / Crypto Trading. This trading platform has all Major Currency pairs as well as minor crosses. A large selection of underlying assets are available for trading including; Commodities, Indices, Stocks, Ripple, Litecoin and Bitcoin.
We noticed a few problems on the brokers website. We could not find an option to use the MetaTrader4 platform, and the links to the mobile trading apps did not work. Minimum deposit for a new trading account is $250, and the minimum withdrawal amount is $50.
Crypto Trading Software Scams
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Royal Swiss Market License Check
Scam Broker Investigator reviews hundreds of Forex & Bitcoin brokers to see if they are scam brokers or legitimate brokers. The way to properly assess a broker is by checking to see if the FCA in England or ASIC in Australia gave the broker a license.
Royal Swiss Market does not have a license. If you invest your money at an unlicensed broker, then you will never see it again!
Compare The Best Brokers
Many investors get overwhelmed with so many brokers to choose from and compare. You can see all the popular licensed brokers listed here.
PepperStone is a very popular broker that is licensed by ASIC. They offer a variety of unique trading platforms, see here.
If you are already investing with Royal Swiss Market, please share your experience in the comments section below.