Swiss Codex (swisscodex.live) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 95 Laight St A New York NY 10014 United States This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: swisscodex.live.
After for the past year and a half with Swiss Codex (swisscodex.live), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Helpful community forum|Instant funding|Market news feed|Regular updates
Cons: Desktop app not available on Linux
I experienced a security concern with my Swiss Codex (swisscodex.live) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: API access|Regular platform improvements
Cons: Minimum deposit could be lower|Some tools only available on higher tiers
Swiss Codex (swisscodex.live) locked my account without warning and demanded documents I had already submitted. for a few weeks now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Multiple order types|Full transparency
Cons: Inactivity fee applies after 12 months
The platform itself is okay, but the customer service at Swiss Codex (swisscodex.live) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Comprehensive tools|Transparent fees
Cons: No phone support on weekends|Desktop app not available on Linux
I had high hopes for Swiss Codex (swisscodex.live) after seeing their ad online, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multiple order types|Regular updates|Tax reports included|Segregated accounts
Cons: Limited social trading features
I joined Swiss Codex (swisscodex.live) after doing extensive research and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Great customer service|Personal attention
Cons: Email notifications too frequent
The so-called education at Swiss Codex (swisscodex.live) 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 over three years thinking they would help me learn.
Pros: Great customer service|Fast support response|Intuitive for beginners
Cons: Slow to add new assets|Live chat only during business hours
Swiss Codex (swisscodex.live) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Transparent fees|Full transparency|Good mobile app
Cons: Inactivity fee applies after 12 months
If you are reading this considering Swiss Codex (swisscodex.live) - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over since the beginning of the year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Helpful community forum|Dedicated account manager|API access|No hidden fees
Cons: Cannot customize dashboard fully|Inactivity fee applies after 12 months
I am in a dispute with Swiss Codex (swisscodex.live) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Comprehensive tools|Transparent fees
Cons: Spreads widen during volatile periods