Why swiss capital ae cannot be trusted? There are many reasons but the main one is definitely the fact that this shady broker is not compliant with any trading regulations and does not possess a license.
Our Swisscapital ae Review aims to expose the fraudster by carefully analyzing the scarce information available on the website. We shall also focus on what other reviews say about Swisscapital ae.
Swisscapital ae is not a legitimate broker company. First of all, there is no concrete information about this company, no ID or registration number, address, etc. All the website provides is a map and several dots, supposedly indicating where this dubious entity has offices.
Many traders have decided to share their frustration about the Swisscapital ae scam. Please heed these warnings and avoid this fraudulent broker. Call us if you need help getting your money out!
Never ever invest with them. they are scammers. The consultants will try to convince you with wrong information and make you invest your hard earned money. Later on you will come to know that they stop answering your call, start to ignore your messages and refuse to give your money back or withdrawal.
The sales consultants are very cunning with their way of talking.So please beware of these people.
The complaint against the broker we posted in the previous section perfectly explains how the scam works. Swisscapital ae adopts an aggressive approach to getting the client to invest as much money as possible. Once the user deposits money, suddenly it’s not enough and the broker keeps demanding more.
Swisscapital ae will at some point cease all communication and leave the trader without answers. A similar scam we exposed is Future FX so watch out for that too.
GoDaddy’s WHOIS database did not reveal when was this website created, probably due to the .ae domain. But judging by the reviews, this trading scam has been active for over a year. When it comes to areas of activity, we compiled a list of countries where the broker mainly provided illicit services:
The reviews confirm this; the majority of Swisscapital ae users are from the UAE but this entity is not registered with the country’s regulatory authorities. If you are a victim of this scam, contact us to recover your funds!
According to the Swisscapital ae website, there are two available trading platforms. Traders can use MetaTrader 4 and WebTrader, a browser-based trading terminal. The former is a world-class trading software with cutting-edge tools such as advanced charting and automated trading.
Yes. Swisscapital ae included Android and iOS versions of MT4. Mobile trading in general is great for trading on the go and making quick adjustments. It is advantageous only if your broker offers a safe mobile platform. Swisscapital does not, which is why you must avoid this unregulated broker.
Here’s an overview of Swisscapital ae’s available trading assets, per the website:
Swisscapital ae claims that there is a demo version of the web platform. However, in order to open a demo account, you have to first register and provide your personal information.
There seems to be no demo version of MT4, which is a red flag. Legit brokers always include a risk-free demo account and a training license.
Despite the whole monkey business not being transparent, Swisscapital ae at least provided an overview of the maximum leverage and spreads for all the trading instruments.
The trading conditions are not favorable, to put it lightly. For instance, the maximum leverage for Forex currency pairs is 1:200. This super-high leverage is not in line with the regulatory limits in the world. Trading at such high leverage is extremely risky and often brings huge losses.
As for the spreads, the website says that the spread for the benchmark EUR/USD pair is around 2.5 pips. This is too wide to be profitable, considering that the industry’s average is 1.5 pips. There are no transaction fees.
The available payment methods, or at least logos of the issuing companies were listed on the website:
However, there is no Swisscapital ae withdrawal policy so we do not know anything about the minimum deposit & withdrawal amounts and related fees. Based on the complaints, the broker convinced clients to invest tens of thousands of dollars only to scam them. Such a lack of transparency is alarming!
To sum up our swiss capital.ae review, Swisscapital ae is an anonymous trading scam that has claimed many victims. This financial swindler mainly targets traders from the UAE, India, and Pakistan. If you are among the Swisscapital ae victims, please contact us for help.
Our team will tell you more about the chargeback procedure, which is the process of reversing credit/debit card transactions that can be requested at the issuing bank within 540 days of the transaction.
Book your free consultation with our team today and start the chargeback process!
Swisscapital ae is an anonymous trading scam with no regulation. Do not invest money in this scheme. If you did, please contact us for help.
Swisscapital ae did not disclose the minimum deposit requirement. Victims lost tens of thousands of dollars.
Swisscapital ae’s platform includes CFDs but not cryptocurrencies but you shouldn’t trade with this broker.
Swisscapital ae is an anonymous trading scam with no regulation. Do not invest money in this scheme. If you did, please contact us for help.
Swisscapital ae did not disclose the minimum deposit requirement. Victims lost tens of thousands of dollars.
Swisscapital ae’s platform includes CFDs but not cryptocurrencies but you shouldn’t trade with this broker.
The post Swisscapital ae Review: Unlicensed Yet Expects To Gain Your Trust appeared first on Global Fraud Protection.
