Swissinv24 Forex Broker

Note: Swissinv24's official website - https://swissinv24h.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.Swissinv24 Review SummaryFounded/Registered Country/RegionMarshall IslandsRegulationNo regulationMarket InstrumentsForex currency pairs, gold, silver, CFDs, oil, gas, indices, and agricultural productsDemo Account✅LeverageUp to 1:50EUR/USD SpreadFloating around 1.8 pipsTrading PlatformMT4Min Deposit$500Customer SupportTel: +4162 674 67 27Email: support@swissinv24.comCompany address:1113 Sofia City, Sofia District, Metropolitan Municipality, Izgrev Region, Izgrev R.A, BULGARIATrust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MARSHALLS ISLAND, MH 96960 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.Pros and ConsProsConsDiverse tradable assetsUnavaialble websiteDemo accountsNo regulationMultiple account options to choose fromHigh minimum depositMT4 supportMultiple payment optionsIs Swissinv24 Legit? No, Swissinv24 is not regulated by any regulatory institutions. From the FCA, we learn that Swissinv24 copies the details of another firm (clone of FCA authorised firm).What Can I Trade on Swissinv24?Tradable Instruments Supported Forex currency pairs✔Gold & silver✔CFDs✔Oil & gas✔Indices✔Agricultural products✔Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account TypeAccount TypeMin DepositMini$500Standard$5,000Gold$10,000Platinum$15,000Leverage The maximum leverage offered by Swissinv24 is up to 1:50. Since leverage can amplify gains and losses, inexperienced traders are not advised to use high trading leverage in case of heavy fund losses.Spread The spreads for EUR/USD fluctuate between 1.8 pips and 1.9 pips when tested on Swissinv24 demo accounts. When tested with the online trading platform, the EUR/USD spread is even higher, at 3 pips, which is far above the industry standard, so Swissinv24 is most likely a scam.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔/BeginnersMT5❌/Experienced tradersDeposit and 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.