Swiss Investment FX Forex Broker

Note: Swiss Investment FX's official website - https://swissinvestmentfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.Swiss Investment FX Review SummaryFounded/Registered Country/RegionMarshall IslandsRegulationNo regulationMarket InstrumentsForeign exchange currency pairs, CFDs on indices, commodities, precious metals, stocks, and cryptocurrenciesDemo Account✅LeverageUp to 1:100EUR/USD SpreadFloating around 1.5 pipsTrading PlatformMT4Min Deposit$250Customer SupportEmail: support@swissinvestmentfx.com Swiss Investment FX claims to be operated by Swiss Investment Corporation Ltd and is not currently subject to any effective regulation.Pros and ConsProsConsVarious trading productsNo regulationMultiple account typesDormant account fee chargedDemo accountsWithdrawal fee chargedPopular payment optionsHigh minimum depositMT4 supportOnly email supportIs Swiss Investment FX Legit? The primary criterion for the safety of a forex platform is whether it is formally regulated. Swiss Investment FX is currently an unregulated broker, which means that investors' funds are not protected or compensated in the event that the broker misappropriates client funds or faces bankruptcy.What Can I Trade on Swiss Investment FX? Swiss Investment FX claims to offer investors a wide range of financial assets, mainly foreign exchange currency pairs, as well as CFDs on indices, commodities, precious metals, stocks, and some of the most popular cryptocurrencies.Tradable InstrumentsSupportedForex✔CFDs✔Indices✔Commodities✔Precious metals✔Stocks✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type/FeeAccount TypeMin DepositMicro$250Standard$5,000Premium $10,000VIP $50,000 A dormant account fee of 10% per month is charged to traders who have not logged in or traded for more than 6 months.Spread After testing on Swiss Investment FX MT4 demo accounts, the spreads on EUR/USD fluctuate between 1.5 pips and 1.6 pips. This spread is in line with industry standards but not competitive.Leverage The maximum trading leverage for Micro accounts is 1:100. All other accounts do not offer leverage. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Swiss Investment FX accepts payments via Visa, MasterCard and wire transfer. It charges a $30 withdrawal fee for each withdrawal made after the first of the month. The minimum withdrawal amount is $100.