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• Our Review Method

• Is Swiss Investment Fx Scam or Legit Broker?

• What is Swiss Investment Fx?

Pros

Cons

• 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 Investment Fx due to the issues we've identified.

Is Swiss Investment Fx Scam or Legit Broker? ▲

It is advised against to engage in trading activities with Swiss Investment Fx. This broker is a business entity under Swiss Investment Corporation LTD., which finds its registration within the Marshall Islands. The Marshall Islands are widely recognized for their minimalistic approach towards regulations and requirements. The low costs associated with setting up a business here have not led to the establishment of forex trading regulations, turning it into a haven for dubious forex brokers like Globalix, GoTechFx, among others. The absence of stringent regulatory oversight raises significant concerns regarding the safety and legitimacy of Swiss Investment Fx.

What is Swiss Investment Fx? ▲

Swiss Investment Fx provides trading services in Forex, cryptocurrencies, and CFDs. The broker fails to offer any tangible contact information, only providing email as a method of communication. Information regarding the broker’s regulatory status remains elusive, further raising red flags. However, it’s not the lack of information that’s alarming but the warnings issued by various authoritative bodies. The UK’s Financial Conduct Authority (FCA) has labeled Swiss Investment FX as a clone, clarifying that it has no association with the FCA authorized Swiss Investment Corporation Limited. Additionally, the Austrian Financial Markets Authority has issued a caution, stating that Swiss Investment Corporation Ltd/Swiss Investment Fx is not authorized to conduct banking transactions in Austria that require a license.

Pros ▲

• None identified.

Cons ▲

• Registered in an offshore jurisdiction with minimal regulatory oversight.

• Lacks transparent contact information.

• No information available about the broker's regulation.

• Warnings issued by reputable financial regulatory authorities including the FCA and the Austrian Financial Markets Authority.

• The broker’s website is currently inactive, suggesting a discontinuation of its trading services.

Conclusion ▲

The recommendation to steer clear of Swiss Investment Fx and other Marshall Islands-based brokers cannot be overstated. Traders are encouraged to engage with brokers that are subject to rigorous regulatory frameworks, such as those in the UK or Australia. Reliable brokers like HYCM and XM.com stand as beacons of trustworthiness in the forex trading domain. The recent inactivity on the Swiss Investment Fx website further underscores the unreliability of the broker, highlighting the importance of vigilance and due diligence in the selection of trading partners.