Index Swiss has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was about to invest with Index Swiss but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commission de Surveillance du Secteur Financier has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
I referred a friend to Index Swiss after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Transparent fees|Tax reports included|Good mobile app|Multi-currency support
Cons: Live chat only during business hours
The so-called education at Index Swiss is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past six months thinking they would help me learn.
Pros: Dividend tracking|Regular platform improvements|Real-time alerts|Responsive team
Cons: Account statements could be more detailed|No phone support on weekends
If you are reading this considering Index Swiss - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Good analytical tools|Clean UI|Regular platform improvements
Cons: Onboarding videos are outdated|No integrated tax optimization