Company Profile
Note: Swiss24's official website https://swiss24.io/ is currently inaccessible normally.
| Swiss24Review Summary | |
| Founded | 2020 |
| Registered Country/Region | UK |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices, CFDs, Shares, Cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1: 500 |
| Spread | / |
| Trading Platform | Web-based |
| Min Deposit | 500 EUR |
| Customer Support | Tel: +44 74 3521 5611 (English); +44 20 4501 0097 (Italian) |
| Email: support@swiss24.io | |
| Address: 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica | |
Swiss24 was registered in 2020 in the UK, offering trading in Forex, Commodities, Indices, CFDs, Shares, and Cryptocurrencies. It uses its own web-based trading platform, and the maximum leverage is 1:500, which is relativley high. Moreover, it is not regulated, and the risks cannot be ignored.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Lack of regulation | |
| Not supported by MT4 or MT5 | |
| High minimum deposit |
Is Swiss24 Legit?
No, Swiss24 is not regulated by financial regulatory authorities in the UK. What's more, the Financial Conduct Authority (FCA) issued a warning notice, which says that Swiss24 is a clone firm of Swiss Investment Corporation Limited, and the latter is a regulated company.
What Can I Trade on Swiss24?
Swiss24 provides a variety of products, such as forex, commodities, indices, CFDs, shares, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
The leverage can be up to 1:500, which is relatively high. Careful considerations are recommended, because the potential risks are likely to be high when the leverage is high.
Trading Platform
Swiss24 uses its own web-based trading platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
