However, read our honest Capital Swiss review and find out what we do know and why we don’t recommend trading with this company!
- But firstly, we want to invite you to read our recently updated Primefin, InstaForex and AlpsMarkets scam broker reviews. Your funds are in danger with them!
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||No Regulation (Unlicensed Firm)|
|Scammers Websites:||Capital-Swiss.com and SwissGlobalPro.com|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||Italian CONSOB|
|Broker Owner:||DevTech Holding|
|Online Trading Platforms:||MT5|
|Minimum Deposit:||250 EUR|
|Broker Deposit Bonus:||Available for initial deposit|
|Crypto Assets:||Not Available|
|Available Trading Assets:||Bonds, Forex (FX), Commodities, Indices|
|Islamic Account:||Not Available|
|Free Demo Account:||Yes|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is Capital Swiss Safe And Regulated? – The Importance Of Regulation
As you’ve probably been told million times so far, the first thing to check about the broker is its regulation. And while broker might mislead you to believe it’s anyhow related to Switzerland, the FINMA register says differently. So, is Capital Swiss regulated, and by whom?
What’s Wrong With Capital Swiss License?
As this offshore country has no financial regulator and we found no trace of Capital Swiss regulation with FCA or ASIC, we can only conclude you’re dealing with an illegal fraud.
False Claims About Regulation – The License Doesn’t Exist
As mentioned, despite false claims, Capital Swiss is not regulated and doesn’t hold an ASIC license, nor had they ever applied for the FCA one. It shows us how unscrupulous the employees are and how far they will go to defraud clients.
Beware of the Capital Swiss trading scam and make sure not to become the next victim!
Scam Warnings From Financial Regulators
Even though it’s evident that Capital Swiss forex brokerage will go far in their intentions to scam clients, even change their domain and company details, they couldn’t avoid being blacklisted and exposed.
Warning Issued by CONSOB
The Italian regulatory body published an official warning against DevTech Holdings, a.k.a. Capital Swiss or Swiss Global Pro, as they used to call themselves before this warning. As per CONSOB, Capital Swiss is a scheme, and everyone who falls victim should file a complaint immediately.
Negative Capital Swiss Reviews – Stay Away From Trading Scam
According to Capital Swiss reviews, clients are everything but satisfied with the service they’ve been provided with. Besides withdrawal issues that are high on the list, we have problems with the platform itself and the broker’s unprofessional account managers, whose main goal is not to help or manage but to extort as much money as possible.
Capital Swiss login issues are also one of the things you must be aware of and report immediately.
Capital Swiss Platform Review – Available Trading Software
While insisting that it provides safe and secure trading, the Capital Swiss trading platform offer is not as diverse as it should be. All clients have is an MT5, a newer generation of a MetaTrader. As much as we would like to agree with the brokerage and say it’s the most widely used trading software, we cannot neglect the popularity of the MT4 that is in use by 80% of market players.
However, MT5 does offer a solid range of technical indicators, a vast number of charts, and an automated robot trading system, which we would highly advise you to avoid, as it’s a favorite tool of fraudulent companies.
Mobile Trading – Is There Any Mobile Trading App?
Since the broker offers MT5, there’s an app for Android and iOS that you can download. It makes the Capital Swiss trading process a little bit less painful but not less illicit.
Capital Swiss Trading Accounts – Account Types
This online trading platform offers four different account types:
As with many brokers, the main difference is in the amount of money you need to deposit and the service you will be provided with. Capital Swiss’s minimum deposit is 250 EUR, while to get even a Classic account, you will need to upgrade your account to 25,000 EUR.
Capital Swiss Demo Account
Besides standard Live accounts, broker offers a MAM account and a Demo account. However, the broker insists on sharing the screen when opening a Demo, which is not recommended since the company can access your online banking and everything on your desktop or a laptop.
Capital Swiss Withdrawal Issues – No Money Withdrawal Guarantees
As previously discussed, Capital Swiss is not regulated, which means you have no guarantees you will get your money. Not your deposit and not your potential profit. The broker gives clients an initial bonus without exposing all of the terms and conditions.
Once you accept it, you will be told you cannot withdraw your money before reaching a trading volume of 10% of the bonus amount plus the deposit amount. Besides, the leverage is undisclosed, making your calculations impossible.
Did You Fall Victim to the Capital Swiss Scam? – We Can Help You!
To sum up, if you’ve invested your money and have been scammed by Capital Swiss, we can help you. Global Fraud Protection recently received numerous complaints about the broker and assisted many in the refund procedure.
Let us know what happened via online chat, and let’s find the best solution for your case. Don’t let scammers go with your hard-earned money, contact us before it’s too late!
Don’t Let the Scammers Go Away for Free!
What Is Capital Swiss, And Should I Invest Money In It?
Basically, this is an unregulated online trading brokerage, not worth your time or money.
What Is The Capital Swiss Minimum Deposit?
Broker requires a minimum deposit of 250 EUR to open an account.
Are My Funds Safe With Capital Swiss?
Since the broker is not regulated and has been blacklisted in Italy, your funds are not safe.