SCAM- SwisCapital Forex Broker Review (2020)

SwisCapital

SwisCapital (https://SwisCapital .com) is a kinda new unlicensed Forex & Crypto CFD broker, which opened in June 2020, as a remake of the old brokers FXLeader and reported by a customers as SCAM.

For withdrawal problems and complaints, read this.

SwisCapital Reviews

Our review of SwisCapital shows that they offer their day traders and investors, the basic TraderSoft CFD trading platform. On the trading app you will find CFD’s on; Crypto Currency, Stocks, Forex, Commodities and Market Indices. This broker does not offer MT5 or mobile apps, you can only use their web based trading software.

SwisCapital’s website is available in English, German and Italian. Minimum deposit to start trading is $250, and leverage rates are 100:1 on Forex. Spreads are pretty high compare to other brokers, showing 6 pips on the Euro / US Dollar pair.

Most people that are investing at this broker, were direct to them from the Bitcoin Era scam. Before falling into the algorithm trading app scam, take a moment to read this.

SwisCapital Broker Review
SwisCapital Broker Review

Is SwisCapital a Legit Broker?

No, SwisCapital is not licensed or regulated.

Officially they are owned and operated by SwisCapital Limited, which is located at: Suite 305, Griffith Corporate Centre, Beachmont PO Box 1510, Kingstown, Saint Vincent and the Grenadines.

Contact phone number is in the United Kingdom at: +442033183211, and from Singapore: +6531386989. The official website is: https://www.swiscapital.com/.