General Information & Regulation
Swissinv24 is owned by Swissinv24 Markets, which is an offshore company registered in the Marshall Islands.The Marshall Islands is notorious for its practically absent requirements and regulations. Swissinv24 is not subject to any regulation at this stage.
Market Instruments
Swissinv24 offers investors access to forex currency pairs, gold, silver, CFDs, oil, gas, indices, and agricultural products.
Minimum Deposit
To meet the investment needs and trading experience of different investors, Swissinv24 offers four different types of trading accounts, such as Mini (minimum deposit of $500), Standard (minimum deposit of $5,000), Gold (minimum deposit of $10,000), and Platinum (minimum deposit of $15,000). The minimum deposit to start trading with Swissinv24 is set at 500 USD and that is twice higher than the initial investment most brokers require.
Swissinv24 Leverage
When it comes to trading leverage, the maximum leverage offered by Swissinv24 is up to 1:50. Since leverage can amplify gains and losses, inexperienced trader are not advised to use high trading leverage in case of heavy fund losses.
Spreads & Commissions
The spreads for EURUSD fluctuate between 1.8 pips and 1.9 pips when tested on Swissinv24 demo accounts. When tested with the online trading platform, the EURUSD spread is even higher, at 3 pips, which is far above the industry standard, so Swissinv24 is most likely a scam.
Trading platform
Swissinv24 offers traders the market-leading and widely acclaimed MT4 trading platform, the most popular outbound and metals trading platform, with an intuitive and clear interface, powerful charting capabilities, multiple custom indicators. Moreover, Swissinv24 supports EA smart trading, which helps traders of all levels to develop different trading strategies.
Deposit & Withdrawal
Swissinv24 offers traders a wide range of convenient ways to deposit and withdraw funds, among which the main ones are VISA, MasterCard, Maestro, POLi, TrustPay, GiroPay, SporoPay, TickerSurf, eBay, etc., while some popular payment methods such as Skrill, NETELLER are not available.
Swissinv24 Pros & Cons
Swissinv24 Advantages Include:
2. MT4 Available
3. Multiple Account Options to choose from
Swissinv24 Disadvantages Include:
1. Not subject to any regulation
2. High spreads
3. High minimum deposit amount
4. Some popular payment methods not available, such as Neteller, skrill, Fasapay, etc
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