SwisCapital was a new unlicensed Forex & Crypto CFD broker, which opened in June 2020, as a remake of the old brokers FXLeader. Their website is now shut down as well.
For withdrawal problems and complaints, read this.
SwisCapital Reviews
Our review of SwisCapital shows that they offer their day traders and investors, the basic TraderSoft CFD trading platform. On the trading app you will find CFD’s on; Crypto Currency, Stocks, Forex, Commodities and Market Indices. This broker does not offer MT5 or mobile apps, you can only use their web based trading software.
SwisCapital’s website is available in English, German and Italian. Minimum deposit to start trading is $250, and leverage rates are 100:1 on Forex. Spreads are pretty high compare to other brokers, showing 6 pips on the Euro / US Dollar pair.
Most people that are investing at this broker, were direct to them from the Bitcoin Era scam. Before falling into the algorithm trading app scam, take a moment to read this.
Is SwisCapital a Legit Broker?
No, SwisCapital is not licensed or regulated.
The method that the Scam Broker Investigator uses to review a new Forex broker is very simple, check for a license from the FCA or ASIC. Any legitimate broker will have a license from your governments financial regulator, for example; ASIC Australia, FCA United Kingdom or FSCA South Africa.
Officially they are owned and operated by SwisCapital Limited, which is located at: Suite 305, Griffith Corporate Centre, Beachmont PO Box 1510, Kingstown, Saint Vincent and the Grenadines.
Contact phone number is in the United Kingdom at: +442033183211, and from Singapore: +6531386989. Customer support email is: [email protected], and the official website is: https://www.swiscapital.com/.
Compare Licensed Brokers
Day trader today have many options of brokers to use, and most people choose one of the popular CFD brokers. A smart person will always verify, that their broker is licensed & regulated in their local country. You can see the list of popular Forex brokers here.
If you are currently investing with SwisCapital, then please write a review of the brokers in the comments below.