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• Our Review Method

• Is Swiss Assets FX Scam or Legit Broker?

• What is Swiss Assets FX?

• 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 Swiss Assets FX due to the issues we've identified.

Is Swiss Assets FX Scam or Legit Broker? ▲

Swiss Assets FX emerges as a broker lacking regulation and authorization, categorizing it as unsafe for trading activities. Our thorough examination reveals no evidence of registration or authorization for the broker, casting a shadow of doubt over its operations. The absence of a regulatory framework significantly increases the risk of engaging with Swiss Assets FX, as it might conduct its services from an undisclosed location.

Regulatory Status

• Registered in: No Registration

• Type of License: No License

• Is Swiss Assets FX safe to trade: No

• Recommended Licenses: FCA in UK & ASIC in Australia

Recommendations

• Due to the lack of regulation and authorization, we strongly advise against trading with Swiss Assets FX. It's essential to prioritize brokers that operate under stringent regulatory frameworks like the FCA in the UK or ASIC in Australia.

What is Swiss Assets FX? ▲

Swiss Assets FX claims to be a regulated investment services firm, authorized by the Swiss Securities and Exchange Commission (‘SFMSAS’) under license no. 092/08. However, our investigation reveals a stark discrepancy – there is no regulatory body by that name in Switzerland, indicating that Swiss Assets FX has been offering financial services without proper authorization.

Regulatory Discrepancy

• Swiss Assets FX's assertion of being regulated by an entity named SFMSAS is misleading, as such an organization does not exist within Switzerland's regulatory landscape.

• The rightful regulatory authority in Switzerland is FINMA, which mandates a substantial net capital requirement of 100 million CHF for forex trading licenses, alongside the necessity of operating from a Swiss office.

Misrepresentation and Lack of Transparency

• Swiss Assets FX's misrepresentation about its regulatory status casts a shadow on its transparency and reliability. Prospective traders and investors should be wary of entities making false claims about their regulatory adherence.

Conclusion ▲

In conclusion, Swiss Assets FX is identified as a broker operating without the necessary licenses, making it a high-risk choice for traders and investors. Our comprehensive review strongly advises against engaging with Swiss Assets FX or any broker lacking appropriate regulatory oversight. For a secure trading environment, we recommend seeking brokers regulated by reputable authorities such as the FCA in the UK or ASIC in Australia. The significance of trading with a regulated broker cannot be overstated, as it ensures the safety of funds and provides a reliable trading environment.