Score
Cyprus
|
2-5 years
| https://www.swissco.com/
Website
Rating Index
Influence
D
Influence index NO.1
United States 2.76
LicensesLicensed Entity：DEMETERER (PTY) LTD
License No. 50354
Cyprus swissco.com United States| Swissco Review Summary | |
| Founded | 2001 |
| Registered Country/Region | Cyprus |
| Regulation | FSCA (Suspicious clone) |
| Market Instruments | Stocks, indices, commodities, forex, ctyptos |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | WebTrader/cTrader/Mobile Trading |
| Minimum Deposit | / |
| Customer Support | Live chat, contact form |
| Email: support@swissco.com | |
| Regional Restrictions | US |
Swissco is a suspicious clone broker, offering trading on stocks, indices, commodities, forex and ctyptos with demo accounts on WebTrader/CTrader/Mobile Trading platforms.
| Pros | Cons |
| Various trading instruments | Suspicious clone FSCA license |
| Demo accounts | No MT4/MT5 platforms |
| cTrader platform | US clients are not allowed |
| Commission fees charged |
Swissco is licensed by FSCA to offer services, but suspicious clone. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Sector Conduct Authority (FSCA) | Suspicious Clone | DEMETERER (PTY) LTD | Financial Service Corporate | 50354 |
Swissco offers trading on stocks, indices, commodities, forex and ctyptos.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Forex | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Here are three account types Swissco offers: STP Bronze, STP Gold, and STP Silver. But the minimum deposit requirements are not specified.
| Account Type | Commissions |
| STP Bronze | $6/lot |
| STP Gold | ❌ |
| STP Silver | $2/lot |
More detailed info can be found via https://swissco.com/account-types-3/
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | iOS, Android | / |
| cTrader | ✔ | Desktop, mobile, iPad | / |
| Mobile Trading | ✔ | iOS, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Swissco accepts payments via MasterCard, Maestro, VISA, Skrill, Neteller, Verisign, etc.
No minimum deposit or withdrawal amount defined and no fees or charges specified.
Swissco doesn’t mention a minimum deposit requirement, which is quite flexible for me. I would still contact customer support to make sure there aren’t any hidden fees or specific conditions for deposit.
Swissco charges commission fees, like $6 per lot for the STP Bronze account and $2 per lot for the STP Silver account. As a trader, I’d need to take these fees into account as they could impact my overall profitability. I’d also want to double-check with customer support about any additional costs.
Yes, Swissco offers forex, stocks, indices, and commodities. However, I noticed they don’t provide options, bonds, or ETFs, which I occasionally trade. For me, this could be a limitation if I wanted to diversify my portfolio.
Swissco supports various withdrawal methods, including MasterCard, Maestro, VISA, Skrill, and Neteller. These options are convenient for me, but I would still need to confirm with customer support about any fees or withdrawal limits.
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