Is Swiss Investment Fx Scam or Legit Broker?
No, it is not safe to trade with Swiss Investment Fx. Swiss Investment Fx is owned by Swiss Investment Corporation LTD., which is an offshore company registered in the Marshall Islands.
- The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost being low it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as Globalix, GoTechFx, and more.
About Swiss Investment Fx
| 🗺️ Registered in | Marshall Islands |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is Swiss Investment Fx safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets – licensed by ASIC in Australia |
What is Swiss Investment Fx?
Swiss Investment Fx offers Forex, crypto, and CFDs trading. The broker doesn’t provide any contact details and gives the option of contacting only via emails. We also couldn’t find any information about broker’s regulation. On the contrary, we have found several warnings from different regulators.
- The UK’s Financial Conduct Authority has issued a warning, where stated that Swiss Investment FX is a clone of FCA authorised firm Swiss Investment Corporation Limited:
“This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK”.
- Also, there is a warning from Austrian Financial Markets Authority:
“Swiss Investment Corporation Ltd/ Swiss Investment Fx is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to conduct deposit-taking business”.
Swiss Investment Fx Review Conclusion
We advise all investors and traders to avoid Swiss Investment Fx and other brokers from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HYCM and XM.com.
Swiss Investment Fx Update
Recently Swiss Investment Fx website remains inactive and unavailable to reach, meaning the broker mutes its trading offering and does not propose account openings. However, we still advise the traders to be alert and careful, in case their receive trading proposals.