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In 2025, Swiss Assets Management has garnered significant attention within the forex trading community, primarily due to its controversial status as an unregulated broker. The overall sentiment surrounding this broker is predominantly negative, with multiple sources highlighting its lack of regulatory oversight and potential risks for investors. Notably, the Swiss Financial Market Supervisory Authority (FINMA) has issued warnings against Swiss Assets Management, labeling it as a scam.
Note: It is crucial to recognize that different entities may operate under similar names across various regions, which can lead to confusion. The information presented here is based on a thorough analysis of multiple sources to ensure fairness and accuracy.
Category | Rating (out of 10) |
---|---|
Account Conditions | 2 |
Tools and Resources | 3 |
Customer Service and Support | 2 |
Trading Setup (Experience) | 3 |
Trustworthiness | 1 |
User Experience | 2 |
We score brokers based on a combination of user feedback, expert reviews, and regulatory compliance information.
Swiss Assets Management, previously known as Platinu Markets, is an offshore broker that claims to operate from Switzerland. However, it lacks any legitimate licensing from recognized financial authorities, which raises significant concerns regarding its operational legitimacy. The broker was reportedly established in 2016 but has faced scrutiny for its unregulated status. It offers a proprietary trading platform but does not support well-known trading software like MetaTrader 4 or 5. The broker claims to provide access to a range of trading assets, including forex pairs, commodities, and indices.
Swiss Assets Management operates without any regulatory oversight, as it is not registered with the Swiss Financial Market Supervisory Authority (FINMA) or any other recognized regulatory body. This lack of regulation puts traders at risk, as there are no legal protections in place to safeguard their funds. The FINMA has explicitly warned against this broker, indicating that it is not entered in its commercial register and lacks compliance with financial regulations.
While Swiss Assets Management offers various deposit and withdrawal methods, including cryptocurrencies and credit cards, the lack of transparency regarding fees and withdrawal processes is concerning. Users have reported difficulties in withdrawing their funds, which is a common red flag for unregulated brokers. The minimum deposit requirement is reportedly around €250, which is relatively high compared to more reputable brokers.
There is limited information regarding bonuses or promotional offers from Swiss Assets Management. However, it is essential to exercise caution as many unregulated brokers use attractive bonuses as a means to bind clients with high trading volume requirements, making it nearly impossible to withdraw funds.
Swiss Assets Management claims to offer a variety of trading instruments, including forex, commodities, and indices. However, the absence of a robust trading platform like MetaTrader raises concerns about the quality of trading conditions. The broker's spreads and commissions are not clearly outlined, which adds to the uncertainty surrounding trading costs.
The broker's leverage offerings can reportedly go up to 1:300, which is significantly higher than the regulatory limits set by many financial authorities. Such high leverage can increase the risk of significant losses, making it unsuitable for inexperienced traders. Additionally, the lack of transparency regarding spreads and fees further complicates the trading experience.
Swiss Assets Management does not support any widely recognized trading platforms like MT4 or MT5. Instead, it offers a proprietary web-based platform that lacks many of the advanced features found in industry-standard platforms. This limitation can hinder traders' ability to execute effective trading strategies.
While specific information on restricted regions is not readily available, the broker's unregulated status suggests that it may not be a suitable option for traders in jurisdictions with strict regulatory frameworks.
Customer support appears to be limited, with no clear information on the languages available for assistance. This lack of clarity can be problematic for users seeking help in their native languages.
Category | Rating (out of 10) |
---|---|
Account Conditions | 2 |
Tools and Resources | 3 |
Customer Service and Support | 2 |
Trading Setup (Experience) | 3 |
Trustworthiness | 1 |
User Experience | 2 |
Account Conditions (2/10): The account conditions offered by Swiss Assets Management are subpar, primarily due to the lack of regulatory backing and unclear terms regarding deposits and withdrawals. Users have reported challenges in accessing their funds, which is a significant concern for potential investors.
Tools and Resources (3/10): The broker's proprietary platform lacks the advanced tools and resources available on established platforms like MetaTrader. While it claims to provide access to various trading instruments, the overall user experience is hampered by the platform's limitations.
Customer Service and Support (2/10): Customer service appears to be inadequate, with limited language options and reports of slow response times. This lack of support can lead to frustration for traders seeking assistance.
Trading Setup (3/10): The trading experience is compromised by the absence of a recognized trading platform and the lack of transparency regarding costs. The high leverage offered is a double-edged sword, increasing risk for traders.
Trustworthiness (1/10): The absence of regulation and the warnings issued by FINMA significantly diminish the trustworthiness of Swiss Assets Management. Investors are strongly advised to exercise caution when considering this broker.
User Experience (2/10): Overall user experience is negatively impacted by the broker's unregulated status, lack of transparency, and inadequate customer support. Users are likely to encounter challenges that could lead to dissatisfaction.
In conclusion, based on the Swiss Assets Management review, it is evident that this broker poses substantial risks to potential investors. The lack of regulation, transparency, and reliable customer support makes it a questionable choice for trading. It is highly recommended that traders seek out fully regulated brokers to ensure the safety of their funds and a more reliable trading experience.