SuisseCG is an offshore CFD trading brokerage firm, that opened in August 2019. They are now closed and no longer in business.
Most people like you came to this broker because of a fake algorithm trading app like Bitcoin Loophole or Tesler App. They also go by the name Suisse Capital.
Before you use any auto trading software, read this warning.
SuisseCG Broker Review
During our review of the brokers SuisseCG, we see that they are offering investors an in-house proprietary trading platform. The CFD trading platform is very basic, an easy to use for a newbie investors.
SuisseCG does not give you the ability of using MetaTrader 5, and they don’t have any mobile trading apps. Assets available for trading includes; Popular Forex pairs, Crypto Currency, Commodities and Stocks.
This broker requires a minimum deposit of 250 Euro. There are five account types to choose from based on the size of your deposit. The only difference between the different accounts is the leverage rates, which go as high as 500:1. Using high leverage is the best way to quickly lose your money.
We noticed during our review of their spread on $BTCUSD at $8300, that the spread was a mega $240 between the bid and ask price. Leverage on Bitcoin was only 5:1. Compare the largest CFD brokers, see here.
New Algorithm Trading Apps
Each week we get an email about a new trading software which will make thousands of dollars a week. Most of these systems are proven scams, and promoted by Fake News, read this article.
You can play around with some of the free trading robots listed here.
Is SuisseCG a Regulated Broker?
No, SuisseCG does not have a license, and is not a regulated broker.
Professional investors all know that the way to properly research if your CFD broker is a scam or legitimate financial institution, is by checking for a license. Every country has their own regulator of brokers, and you should only use a broker that is licensed locally in your country, see here.
SuisseCG is officially owned and operated by: Technoric Ltd, which is located at: Suite 305, Griffith Corporate Centre, 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. Contact phone numbers are, Germany: +4932229990008 and Sweden: +46812400563, and their customer support email address is: [email protected] or [email protected]. Formerly, this company went by the name TraderUR.
Compare Licensed Brokers
Investors and Forex day traders have a large choice of licensed and regulated CFD brokers, look here.
If you are currently investing with this broker, please share your thoughts in the comment section below.