Swisstrade Finance is a Forex broker that provides foreign exchange and CFD trading services for investors. The company's website supports English and Japanese as the language of use. In addition, the Swisstrade Finance official website account registration link is not working.
Company background:
The official website of Swisstrade Finance does not provide registration information, nor does it provide an office address or contact address to verify and confirm the incorporation information of the company. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on February 7, 2020, and the domain name registration time has been more than 3 years ago.
Account Registration:
Swisstrade Finance provides investors with a link to sign up for a real account, according to the company's website. To Register a live Account, click "Open An Account" in the upper right corner of the Swisstrade Finance website, or "Register Now" on the home page of the Swisstrade Finance website. However, the real account registration link provided on the Swisstrade Finance website is not working. In addition, the Swisstrade Finance website does not provide a link to sign up for a demo account.
Account Type:
Swisstrade Finance's website doesn't provide information on the type of trading account.
Trading Products:
Swisstrade Finance website information shows that the company provides investors with foreign exchange, CFD trading services. In addition, the official website of Swisstrade Finance does not provide the specific trading products covered by foreign exchange and CFD, nor does it provide the commission, spread, minimum trading unit, maximum trading unit, overnight interest and other information of the specific trading products covered by foreign exchange and CFD.
Margin ratio:
The Swisstrade Finance website does not provide margin (leverage) ratio information for specific trading products covered by Forex and CFDS.
Trading Hours:
The Swisstrade Finance website does not provide information on the trading hours of specific trading products covered by Forex and CFDS.
Deposits and Withdrawals:
The official website of Swisstrade Finance does not provide information on the channels and methods of deposit and withdrawal supported by Swisstrade Finance, nor does it provide information on the currencies supported by Swisstrade Finance, as well as the fees and time of deposit and withdrawal.
Trading Software:
According to the Swisstrade Finance website, the trading software provided by the company to investors is suspected to be MetaTrader4 (MT4) or MetaTrader5 (MT5). In general, the MT4 and MT5 software support the computer version (Winodws/MacOS), the Web version of the mobile version (IOS/Android). However, the Android version of MT4 and MT5 software in some countries or regions, there are problems that can not be downloaded or downloaded installation speed is slow.
Regulatory information:
Not only does the Swisstrade Finance website not provide the regulatory or authorization information obtained, it also does not provide the office address or contact address to inquire about the regulatory or authorization information obtained. In addition, a query on the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) website shows that the company holds FinCEN's Coin Services Business License (MSB license). However, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) is the financial intelligence unit of the United States whose primary mission is to facilitate the detection, prevention, and deterrence of money laundering and terrorist financing, and does not regulate or authorize forex brokers.
Summary:
Swisstrade Finance is suspected of fraud. First, the Swisstrade Finance website does not provide detailed information on account types, trading products, deposits and withdrawals, and trading software. Secondly, the official website of Swisstrade Finance does not provide registration information, nor does it provide an office address or contact address, so it is impossible to verify and confirm the incorporation information of the company. Finally, the website of Swisstrade Finance does not provide the regulatory or authorization information obtained, and it is not possible to query the regulatory or authorization information obtained through the office address or contact address.
In addition, a query on the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) website shows that the company holds FinCEN's Coin Services Business License (MSB license). However, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) is the financial intelligence unit of the United States whose primary mission is to facilitate the detection, prevention, and deterrence of money laundering and terrorist financing, and does not regulate or authorize forex brokers. Judging from this, Swisstrade Finance is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
