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SwissFS.com
Welcome to our comprehensive review of SwissFS.com, a well-established forex broker that has been in the financial industry since 2002. SwissFS is renowned for its advanced trading platforms, MT4 and UniTrader, which provide traders with a wide range of investment and trading options. With SwissFS, you can trade in over 20 forex currency pairs, CFDs, commodities, indices, gold, silver, and oil. The firm allows a minimum trade size of 0.01 and offers a maximum leverage of 400:1. However, to open a live trading account, a minimum investment of $3,000 is required. SwissFS is headquartered in Kuwait, with its offices located at City Tower (Al Madina Tower) Floor 16 Khalid Ibn Al Waleed Street Sharq Kuwait. SwissFS also offers mobile trading and supports automated trading with EAs/Robots. The company accepts various deposit and withdrawal methods, including Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, CASHU, Neteller, Skrill, and UnionPay. Despite its established presence and wide range of trading options, the regulatory status and the list of prohibited countries for SwissFS remain unclear. Therefore, potential traders should conduct thorough research and possibly seek professional advice before investing with SwissFS.com.
SwissFS is a Forex broker that has been operating since 2002. The company offers a range of trading options including Forex currency pairs, CFDs, commodities, indices, gold, silver, and oil. SwissFS has built a reputation in the Forex market by providing traders with the MT4 and UniTrader online trading platforms. The company is located in Kuwait and is regulated by MOCI #89468/2002.
Trading Platforms
SwissFS offers two major trading platforms: the MT4 Platform and the UniTrader Platform. Both platforms are widely recognized in the Forex market for their robustness and wide array of features. The MT4 Platform is known for its user-friendly interface, advanced charting capabilities, and automated trading features. The UniTrader Platform, on the other hand, is recognized for its simplicity and ease of use, making it ideal for beginners in the Forex market.
Trading Conditions
SwissFS provides a minimum trade size of 0.01 and a maximum leverage of 400:1. This gives traders the flexibility to manage their trading strategies and risk levels. The company also supports Expert Advisors (EAs) and robots, providing traders with the opportunity to automate their trading strategies.
Account Opening and Funding
Opening a live trading account with SwissFS requires a minimum deposit of $3,000. This may be a high entry point for some traders, particularly beginners. The company supports a variety of deposit and withdrawal methods, including Bank Wire, VISA, MasterCard, CASHU, Neteller, Skrill, and UnionPay. This provides traders with the convenience of choosing the payment method that best suits their needs.
Customer Support
SwissFS provides customer support through their email admin@swissfs.com and phone number 965 -22020490. However, the company does not provide information about the availability hours of their support team.
Pros and Cons
SwissFS offers a variety of trading instruments and supports popular trading platforms. The company also provides flexibility in trading conditions with support for EAs and robots. However, the high minimum deposit requirement may be a barrier for some traders. Additionally, the lack of information about customer support availability may be a concern for some traders.
Scammer or Not?
SwissFS has been in operation since 2002 and is regulated by MOCI, which suggests that the company is a legitimate Forex broker. However, traders are advised to conduct their own due diligence before opening an account with any Forex broker.
Safety Check
SwissFS is regulated by MOCI, which provides some level of assurance to traders about the company's adherence to regulatory standards. However, the company does not provide information about additional safety measures such as fund segregation and investor compensation schemes.
FAQs
What trading platforms does SwissFS offer?
SwissFS offers the MT4 and UniTrader trading platforms.
What is the minimum deposit to open a live trading account with SwissFS?
The minimum deposit to open a live trading account with SwissFS is $3,000.
Does SwissFS support automated trading?
Yes, SwissFS supports automated trading through EAs and robots.
Is SwissFS a scam?
SwissFS has been in operation since 2002 and is regulated by MOCI, suggesting that the company is a legitimate Forex broker. However, traders are advised to conduct their own due diligence.
For more information or to share your experience with SwissFS, visit forexroboteasy.com. This review is an independent analysis of the company and does not provide any recommendations or conclusions about the use of this broker.
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