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SwedenCap foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.swedencap.com/register-live-account/, about the company's legal and temporary regulatory information, the company's address Charlestown Waterfront Plaza, Suite 556, Main Street. Charlestown, Nevis.

SwedenCap Forex Broker

Basic Information

Registered Region
Saint Kitts and Nevis
Operating Period
--
Company Name
SwedenCap
Abbreviation
SwedenCap
Company employee
--
Customer Service Email Address
support@SwedenCap.com
Contact Number
18697654496
Company address
Charlestown Waterfront Plaza, Suite 556, Main Street. Charlestown, Nevis
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: SwedenCap's official website: https://www.swedencap.com is normally inaccessible.SwedenCap Information SwedenCap is an unregulated brokerage company registered in Saint Kitts and Nevis. While the broker's official website has been closed, so traders cannot obtain more security information.Is SwedenCap Legit? SwedenCap is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.Downsides of SwedenCapUnavailable Website The SwedenCap website is inaccessible, raising concerns about its reliability and accessibility.Lack of Transparency Since SwedenCap does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.Regulatory Concerns SwedenCap is not regulated, which is less safe than a regulated one.Withdrawal Difficulty According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.Negative SwedenCap Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. Currently, there were 3 pieces of SwedenCap exposure in total. Exposure. Cannot withdraw/Scams/OthersClassificationUnable to Withdraw/Scams/OthersDate2020Post CountryChile/Peru You may visit: https://www.wikifx.com/en/comments/detail/202009267102566040.html https://www.wikifx.com/en/comments/detail/202007093542751054.html https://www.wikifx.com/en/comments/detail/202007096842837557.html.Conclusion SwedenCap Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

Rating Index

Platinum VIP

Minimum Deposit
--

Platinum

Minimum Deposit
100,000

  

SwedenCap Forex Broker - Complete Information Guide

  

1. Broker Overview

  SwedenCap, officially known as Sweden Capital LLC, is a forex and cryptocurrency broker that has been operational since its inception. The company is headquartered at Charlestown Waterfront Plaza, Suite 556, Main Street, Charlestown, Nevis. As a privately held entity, SwedenCap primarily serves retail and institutional clients across various global markets, focusing on providing trading services in forex, cryptocurrencies, and other financial instruments.

  Over the years, SwedenCap has developed a reputation within the trading community, although it remains one among many brokers in the competitive landscape of online trading. The company's business model is primarily centered around retail forex trading, offering a diverse range of trading assets, including over 140 forex pairs, stocks, commodities, indices, and cryptocurrencies.

  SwedenCap aims to cater to traders of all experience levels, providing accessible trading solutions and educational resources. The broker's growth trajectory has included the introduction of various trading platforms and tools designed to enhance the trading experience.

  As a brokerage firm, SwedenCap operates with the goal of delivering a comprehensive trading environment, making it a viable option for traders seeking to explore the forex market. This overview highlights SwedenCap as a notable player in the forex brokerage space, marking the first instance of the term "SwedenCap broker."

  

2. Regulatory and Compliance Information

  SwedenCap operates without a regulatory license from any major financial authority, which raises concerns regarding investor protection and compliance. The absence of regulation means that the broker does not adhere to the stringent requirements set by regulatory bodies, which can include maintaining client funds in segregated accounts and ensuring transparency in trading practices.

  Different sources indicate that SwedenCap does not have a specific regulatory number or license. This lack of oversight may pose risks to traders, as there is no governing body to address disputes or enforce compliance with trading standards.

  Regarding client fund protection, SwedenCap does not appear to participate in any investor compensation schemes, which is a common safety net for clients of regulated brokers. Furthermore, the broker's Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are not explicitly detailed in available resources, making it challenging to ascertain the effectiveness of their policies in safeguarding clients.

  In summary, the regulatory landscape surrounding SwedenCap is a significant consideration for potential traders. The lack of regulation emphasizes the necessity for traders to conduct thorough due diligence before engaging with this broker, marking the second instance of "SwedenCap broker" in this guide.

  

3. Trading Products and Services

  SwedenCap offers a wide array of trading products, catering to diverse trading preferences. The broker provides access to over 140 forex currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to engage in various trading strategies and capitalize on market movements.

  In addition to forex, SwedenCap features Contracts for Difference (CFDs) across several asset classes, including:

  • Indices: A variety of global indices are available for trading, enabling clients to speculate on market movements.
  • Commodities: Traders can access 45 different commodities, including precious metals and energy products.
  • Stocks: SwedenCap offers a selection of stocks from various markets, providing opportunities for equity trading.
  • Cryptocurrencies: With 150 cryptocurrency options, SwedenCap caters to the growing demand for digital asset trading.

  The broker is committed to regularly updating its product offerings, ensuring that clients have access to the latest trading instruments. SwedenCap also provides retail trading services, making it suitable for individual traders seeking to enter the forex market.

  While institutional client services and white-label solutions are not explicitly mentioned, SwedenCap's broad range of trading products positions it as a versatile broker in the forex landscape. This section marks the third mention of "SwedenCap broker."

  

4. Trading Platforms and Technology

  SwedenCap supports the widely recognized MetaTrader 4 (MT4) platform, which is a staple among forex traders due to its user-friendly interface and robust analytical tools. The MT4 platform allows traders to execute trades efficiently and access various technical indicators and charting tools.

  In addition to MT4, SwedenCap also offers a mobile trading application, providing traders with the flexibility to trade on-the-go. The mobile app is compatible with both iOS and Android devices, allowing users to manage their accounts and execute trades from anywhere.

  The broker employs an execution model that includes both Electronic Communication Network (ECN) and Market Making, giving traders various options depending on their trading preferences. SwedenCap's technological infrastructure is designed to support efficient trade execution, although specific details about server locations and API access for automated trading are not provided.

  Overall, SwedenCap's platform offerings and technological capabilities cater to a wide range of trading needs, enhancing the overall trading experience for its clients.

  

5. Account Types and Trading Conditions

  SwedenCap offers a standard trading account with a minimum deposit requirement of $200, which is accessible for most retail traders. The trading conditions include variable spreads, with specific details on commissions not being clearly outlined in available resources.

  For advanced traders, SwedenCap may provide specialized account types, although specific details on VIP or professional accounts are not available. The broker also offers a demo account, allowing prospective clients to practice trading without risking real funds.

  Leverage options vary depending on the asset class, enabling traders to maximize their trading potential. The minimum trade size is set at 0.01, accommodating both novice and experienced traders.

  SwedenCap's overnight fees policy is not explicitly detailed, leaving traders to inquire directly with the broker for specific terms. Overall, the account types and trading conditions reflect SwedenCap's commitment to providing a flexible trading environment for its clients.

  

6. Fund Management

  SwedenCap supports various deposit methods to facilitate client funding, including bank transfers, credit cards (Visa and Mastercard), and cryptocurrencies like Bitcoin. The minimum deposit requirements vary based on the account type, with the standard account requiring a deposit of $200.

  Deposit processing times are typically swift, although specific timeframes are not provided. As for deposit fees, the information remains unclear, and traders are encouraged to check with SwedenCap for any applicable charges.

  Withdrawal methods are likely to mirror the deposit options, although specific withdrawal limits and processing times are not explicitly stated. Transparency regarding withdrawal fees is also lacking, necessitating direct communication with the broker for clarification.

  In summary, while SwedenCap offers a range of funding options, potential clients should exercise caution and seek detailed information about fees and processing times before proceeding with account funding.

  

7. Customer Support and Educational Resources

  SwedenCap provides various customer support channels, including email and phone support, ensuring that clients can reach out for assistance as needed. The support team is accessible during business hours, although specific service hours and time zone coverage are not detailed.

  The broker supports multiple languages, including English, Spanish, and Portuguese, catering to a diverse clientele. Educational resources are available, including webinars, tutorials, and e-books, designed to enhance traders' knowledge and skills.

  Additionally, SwedenCap offers market analysis services, including daily analysis, news updates, and research reports, helping traders stay informed about market trends. Trading tools, such as calculators and signal services, are also provided to assist clients in making informed trading decisions.

  Overall, SwedenCap's customer support and educational offerings aim to empower traders with the knowledge and resources needed to navigate the forex market successfully.

  

8. Regional Coverage and Restrictions

  SwedenCap primarily serves clients in various regions, including the European Union, Australia, New Zealand, Great Britain, and the United States. However, specific details regarding regional offices are not provided in available resources.

  Certain countries may be restricted from accessing SwedenCap's services, although the exact list of excluded jurisdictions is not detailed. Traders should verify their eligibility based on their country of residence before opening an account.

  In conclusion, SwedenCap's regional coverage reflects its ambition to cater to a global clientele while ensuring compliance with local regulations.

  This comprehensive guide serves to inform potential clients about SwedenCap's offerings, regulatory status, and trading environment. It is crucial for traders to conduct thorough research and consider their individual needs before choosing to engage with the SwedenCap broker.

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Latest Reviews

星宇6914

星宇6914

New Zealand

SwedenCap's website is no longer open, and I noticed that even for a micro account, the minimum deposit is $200. In fact, the threshold of 200 US dollars is not too high, but for micro accounts, the amount of 50 US dollars and below should be more appropriate.

37130

2023-03-01

MutnedJemet

MutnedJemet

Chile

SwedenCap wasn’t authorized. High risk to invest.

Exposure

2020-09-27

FX1323446432

FX1323446432

Peru

The broker manipulates the price. They call you to invest in a certain product of theirs. Then you would suffer losses. However, because the price volatility is not too much, your loss would be small. Therefore, you would not choose to withdraw. Then you will probably be defrauded to make further investment.

Exposure

2020-07-10

SwedenCap Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.33, Software Index 4.00 Risk Control Index 0.00.