Swiss Trade Capital has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Swiss Trade Capital is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city : Sandown Sandton, South Africa This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: swisstradecapital.net.
My card was charged twice by Swiss Trade Capital on the same day. I had to dispute it with my bank. Swiss Trade Capital then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Competitive fees|Segregated accounts|Detailed reporting|Good mobile app
Cons: Desktop app not available on Linux|Spreads widen during volatile periods
After for about eight months with Swiss Trade Capital, 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: Automated trading options|Quick verification
Cons: Help articles are sometimes vague|None so far
For anyone considering Swiss Trade Capital, please be aware that this company has been flagged by Autorité des marchés financiers. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Do not believe the bonus offer from Swiss Trade Capital. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Tax reports included|Competitive fees|Wide product range|Clean UI
Cons: Wish they had more educational resources