Quick Links

• Our Review Method

• Is Suisse Trade Center Scam or Legit Broker?

• What is Suisse Trade Center?

• Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Suisse Trade Center due to the issues we've identified.

Is Suisse Trade Center Scam or Legit Broker? ▲

Delving into the legitimacy and operational frameworks of Forex brokers is a pivotal task in safeguarding your investments. Upon thorough investigation, it has been discerned that Suisse Trade Center falls short of meeting the basic regulatory benchmarks, making it an unsafe choice for traders. This broker is not only unregulated but has also been flagged for suspicious activities. The absence of any form of authorization or registration casts a shadow of doubt on the broker's operations, suggesting that Suisse Trade Center may be operating from an undisclosed location. These revelations have led to the conclusion that Suisse Trade Center is highly likely to be a fraudulent entity.

Pros

• There are no discernible advantages to trading with Suisse Trade Center due to its unregulated status and suspicion of fraud.

Cons

• Lacks regulatory oversight.

• Suspected fraudulent activities.

• Absence of transparency regarding operational location.

• Not recommended for trading.

What is Suisse Trade Center? ▲

Suisse Trade Center emerges as a Forex brokerage entity under the ownership and management of Suisse Trade Center Ltd, with purported establishments in Belize and Cyprus. Despite its attempts to cater to a specific demographic by offering services primarily in the German language and marketing itself towards Swiss clientele, the broker's legitimacy is severely compromised. The Swiss Financial Market Supervisory Authority (FINMA) has blacklisted Suisse Trade Center, underscoring the gravity of its operational discrepancies. This situation paints a clear picture: Suisse Trade Center either operates under the guise of offshore registration or lacks any legitimate registration or regulation. Such findings are alarming and advise caution.

Pros

• Attempt to cater to specific markets by supporting the German language and targeting Swiss customers.

Cons

• Blacklisted by reputable financial regulatory authority (FINMA).

• Operates under the suspicion of being unregistered or improperly regulated.

• Focus on a narrow market segment may limit service versatility and accessibility.

Conclusion ▲

In light of our extensive review, encompassing an assessment of over 1000 brokers, it is our informed stance to recommend against engaging with Suisse Trade Center for trading activities. The broker's unregulated status, combined with substantial suspicions of fraudulent operations, presents a significant risk to investors and traders alike. It is imperative to prioritize safety and regulation when selecting a broker, opting for entities regulated by reputable authorities such as the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). The closure and inaccessibility of the Suisse Trade Center's website further solidify our recommendation to avoid this broker and remain vigilant against any future propositions from similar unregulated entities.