Quick Links

• Our Review Method

• Is Swissinv24 Scam or Legit Broker?

• What is Swissinv24?

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 Swissinv24 due to the issues we've identified.

Is Swissinv24 Scam or Legit Broker? ▲

Trading with Swissinv24 is not advised. Swissinv24, under the ownership of Swissinv24 Markets, is incorporated in the Marshall Islands, a location notorious for its lax regulatory environment. The Marshall Islands' minimalistic approach to forex trading regulation makes it a haven for questionable forex brokers, including known entities like MegaTradeFX and Finbitex. The lack of stringent oversight raises significant red flags regarding the safety and credibility of Swissinv24 as a trading platform.

What is Swissinv24? ▲

Swissinv24 Markets presents itself as a premier destination for spread betting, Forex trading, and related financial services. Despite these claims, the absence of transparent regulatory information casts doubts on its legitimacy. The company fails to disclose any regulatory oversight, likely indicating it operates without authorization from recognized financial authorities. The solitary piece of contact information—a phone number with a Swiss country code—does little to establish its credibility, especially since Swissinv24 lacks regulation within Switzerland to offer financial services. Furthermore, the Swiss regulatory body has recently issued warnings against engaging with this broker, reinforcing concerns about its reliability.

Pros ▲

• Claims of comprehensive trading services: Swissinv24 markets itself as offering a wide range of trading options, including Forex and spread betting.

• International phone contact: Provides a contact number, suggesting some level of customer service accessibility.

Cons ▲

• Lack of regulation: Swissinv24 operates without a clear regulatory framework, indicating potential risks for traders.

• Offshore registration: Registered in the Marshall Islands, a jurisdiction known for its minimal financial oversight.

• Warning from Swiss regulators: The issuance of a cautionary note against Swissinv24 by Swiss regulatory authorities raises serious concerns about its practices.

• Inactive website: The broker's website is currently nonoperational, suggesting a cessation of trading services and further questioning its reliability.

• No clear information on fees, spreads, or commissions: The absence of detailed financial terms makes it challenging to assess the costeffectiveness of trading with Swissinv24.

Conclusion ▲

Our comprehensive review strongly discourages dealing with Swissinv24 and similar entities based in the Marshall Islands. The critical aspect of Forex trading is the reliability and regulation of the broker, which are areas where Swissinv24 fails markedly. Investors are advised to engage with brokers regulated by reputable authorities such as the FCA (UK) and ASIC (Australia), ensuring the safety of their investments and a transparent trading environment. Given the significant issues identified with Swissinv24, including regulatory warnings, offshore registration, and lack of operational transparency, we recommend traders to steer clear of this broker and seek more credible and regulated trading platforms. Stay vigilant and prioritize trading with brokers that offer a secure, transparent, and regulated environment for your financial activities.