Swiss Private Capital has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.swiss-private.com.
The only good thing about Swiss Private Capital is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast support response|Great customer service
Cons: Account statements could be more detailed
If you are reading this considering Swiss Private Capital - run. I wish I had read more negative reviews after doing extensive research. I thought the positive ones were real. Maybe some are. My experience over for nearly two years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Great customer service|Clean UI|Fast support response
Cons: Limited cryptocurrency options|Nothing significant
The reporting at Swiss Private Capital is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Multi-currency support|Easy to use platform|Dedicated account manager
Cons: No live chat on mobile