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RAND SWISS

South Africa|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.randswiss.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

South Africa 2.63

Surpassed 64.03% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+27 11 781 4454
trade@randswiss.com
https://www.randswiss.com/
1st Floor JSE Building, One Exchange Square, 2 Gwen Lane, Sandton, South Africa

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-06-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The South AfricaFSCA regulation (license number: 45837) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

RAND SWISS · WikiFX Survey

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RAND SWISS · Company Summary

General Information & Regulation

Rand Swiss is a full-service boutique broker that offers tailored investment solutions, unrivaled trading and investment research, one-on-one personal broker service.

Rand Swiss is registered in South Africa and is not subject to any regulation.

Trading Products

At Rand Swiss, traders can trade and invest the way they want with access to a variety of instrument choices. From forex, futures, and options, to local and international CFDs, equities, bonds and ETFs.

Services Offered

Services offered include the following:

• Advisory Stockbroking

• Online Trading,

• Offshore Transfers

• TFSA

• Managed Portfolios

• Retirement Planning

• Structured Products

Account Options

Traders can choose one of three ways to invest with Rand Swiss through three ways depending on how involved they need this company to be in each buy and sell decision.

DISCRETIONARY ACCOUNT: traders give this company the discretion to manage their portfolio using an agreed house strategy.

ADVISORY ACCOUNT: Rand Swiss provides traders with advice and ideas and only execute the decisions this company agrees on together.

EXECUTION ONLY: Rand Swiss act on traders requests as opposed to offering advice.

Account Opening

Become a Rand Swiss client in three steps:

STEP ONE: Complete an online or physical mandate. www.randswiss.com/openaccount.

STEP TWO: Send your FICA Documents to info@randswiss.com.

These include:

• A certified copy of your ID

• Proof of residential address

• Proof of bank account not older than three months

• Proof of tax number

STEP THREE: Fund your account using the banking details that will be emailed to you when your account is active.

Minimum Deposit

Different accounts have different minimum requirements. To open an online local trading account, one need to deposit at least R5,000 and to open an international trading account, one needs to deposit $2500.

Trading Software

Rand Swiss offers its traders the Protrader, which is available for both iOS and Android users. Simply navigate to the App or Play Store and search for ProTrader SA.

Customer Support

The Rand Swiss customer support team can be reached through telephone: +27 11 781 4454, email: info@randswiss.com. Rand Swiss address: 1st Floor JSE Building, One Exchange Square, 2 Gwen Lane, Sandton, 2196.

Broker Information

Company Name

RAND SWISS

Company Abbreviation

RAND SWISS

Regulatory Status

Suspicious Clone

Platform registered country and region

South Africa

Company website
Phone of the company
  • +27 11 781 4454

Twitter
Facebook
Instagram

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YouTube

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Company address
  • 1st Floor JSE Building, One Exchange Square, 2 Gwen Lane, Sandton, South Africa

Linkedin
WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • trade@randswiss.com

Company Summary

User Reviews

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FX1411334836
more than one year
I lost a significant amount of money with RAND SWISS, but I must admit that most of it was my fault. I was too inexperienced and naive when I started trading with them. The platform was user-friendly and the customer service was helpful, but I didn't take the time to learn and understand the market trends and the risks involved in trading.
2023-03-20 18:04
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