Swiss Prime Scam Broker Complaint | Swiss Prime Review Fraudmike2020-11-26T13:57:23+00:00
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Swiss Prime Complaint – Swiss Prime Review
Is Swiss Prime a scam Broker?
Swiss Prime is a forex broker located in Switzerland. The broker claims to provide services for trading in forex, indices, cryptocurrencies, and commodities. The trading software provided by Swiss Prime is a web trader, the user friendly and popular MT4 and MT5 is not supported by the broker. There is no information available on the broker’s website about who is operating the website or the owner of the firm. Keeping such details hidden from the people is always a negative sign and no legit broker would choose to hide its identity. Talking about the trading conditions, the broker is offering a leverage of 1:200.
Swiss Prime is an unlicensed and unregistered broker. The commissions charged by the broker are pretty high as compared to the market. There are three types of trading accounts offered by the broker- standard, premium, and luxury. The minimum deposit asked for the basic Standard account is 250 dollars, which is unreasonably high compared to what other legit broker charge. To your surprise, the minimum deposits required for the other two accounts are 2500 dollars and 25000 dollars. The payment options provided includes wire transfer, credit card, OK Pay, and Bitcoin. The broker is suspected to have scamming intentions.
If you have traded with Swiss Prime and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed Swiss Prime review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is Swiss Prime a scam or legit broker?
Swiss Prime has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with Swiss Prime contact them immediately and try to get your fund out. If the Swiss Prime has done the following, you have probably a victim of Swiss Prime scam broker.
Reason to suspect a scam broker is in action:
The broker froze your account
The broker blocked your account
You cannot login back into your account
Money has been taken out from the account
The broker doesn’t take your calls
The broker shut down his website
You noticed the broker took money out from your bank account with out your permission
The broker is offering you a bonus
The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.