SuisseCG Review – 5 things you should know

SuisseCG Review – 5 things you should know

Beware! SuisseCG is an offshore broker! Your investment may be at risk.



Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


SuisseCG is an offshore broker offering currency pairs and CFD on precious metals, indices, commodities, stocks and crypto coins with leverage as high as 400:1, four account types and a web based trading platform.

The broker is based in Saint Vincent and the Grenadines, but is not licensed and authorized to offer any financial services on regulated markets like the European Union for example, and what is worse, the company behind it has already been blacklisted by the Financial Conduct Authority (FCA) in the UK, for potentially running a scam. Be sure to read the following review before depositing any funds with SuisseCG.

SuisseCG regulation & safety of funds

As we already noted the TECHNORIC LTD, the offshore company running SuisseCG has come to the attention of FCA, the British financial regulator for targeting EU customers without proper authorization and for possibly running a scam. See for yourself:



The warning is issued against TECHNORIC LTD and another website operated by them, but as SuisseCG is not regulated either, our advise is to avoid them as well.

Bear in mind that trading with unregulated brokers is extremely risky in general, because such websites are completely unaccountable for the way they handle your money, and quiet too often are simply involved in scam.

On the other hand with a legit and dully regulated broker, let say by the FCA, you will even get the additional protection of a client compensation fund, witch will basically insure your trading account for up to 85 000 GBP.

SuisseCG deposit/withdrawal methods and fees

SuisseCG appears to accept payments with VISA, MasterCard, bank wire and an obscure e-wallet called VLoad. Popular payment methods as Neteller and Skrill are not accepted and that is worth mentioning especially since Skrill adopted its new anti scam policy, according which it partners only with properly regulated brokers. As we already established SuisseCG is not a regulated broker.

Also be ware of any trading bonuses SuisseCG might offer you. Trading bonuses are always accompanied by some additional withdraw conditions – usually some minimum trade volume requirement, which in the case of SuisseCG is as high as 50 000 times the amount of the bonus. Of course SuisseCG reserves the right to change their bonus policy on their sole discretion, so you should not be surprised if your trading bonus is used as a pretext to cancel your withdraw requests. At least this is what scammers usually do.

On top of that SuisseCG says they will process your withdraw request within 7 to 10 working days, while legit brokers will do that within 24 hours. Also SuisseCG charges a 1% (minimum 30 USD) withdraw fee and a 99 USD dormant fee, if you have not traded for 30 days – those are not standard fees as well.

Otherwise their minimum deposit requirement – 250 USD is in line with what most other brokers would also ask for.

How does the scam work?

Scammers are well organized and do not spare resources, when it comes to hunting for new victims. They employ, for example, professional call centers in places like the Philippines and Eastern Europe (not India because of the pidgin accent), as well as specially designed trap websites like Bitcoin Profit and Brexit Trader, which we call robo scam websites, where traders might get lured by some too good to be true, get rich fast offer, with “guaranteed returns” and “no risk whatsoever”. And if you get interested and register, by leaving your e-mail and phone, instantly you will be redirected to the homepage of a unregulated, offshore broker, where you will be invited to deposit about 250 USD and open a trading account.

Scammers will do anything to squeeze out of your pockets as much cash as they can, so do not be surprised when they start manipulating your trading account – it will seem that you are making a lot of cash. And you will be receiving phone calls from your “senior account manager” who basically will be telling you that if you really want to make some real cash you definitely have to invest more, like at least 10 000 USD.

And quite too many people do invest that kind of money without realizing they have been scammed, until they file a request to withdraw some of their cash. Than all of a sudden it turns out their withdraw requests are canceled, because of some minim trade volume requirement, linked to some trading bonus they have so carelessly accepted. The excuse to cancel your withdraw requests might certainly be different, but the end result will always be the same – you will not see any money back.

What to do if scammed?

Probably there is only one plausible way to get your money back, in case you have been scammed, and that is to file for a charge back with your credit card company. The good news here is that both VISA and MasterCard now will allow you to do that within 540 days. Still, you should not waste time.

And if by any means scammers have managed to get to your personal banking details, like your credit card number or online banking password, immediately change the password and block your credit card.

And one final note, do not seek the services of the so called recovery agencies. Those guys will not recover your money back, but simply will take some payment in advance and you will end up with even less cash.

Rich Snippet Data
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  1. I lodged a fraud investigation with my bank as they said it is a scam. They should not ask for control of your computer which they did in my instance through an program called trade assist. That indicates it is a scam. I have also put in the request to withdraw my funds from the account which is pending. I will see how long does it take for them to return my money.

    1. Hi

      Wonder if you have gotten the money back.

  2. It seems that us silly old people are too trust worthy i just found that SuissieCG trading is a scam i was conned by a guy first he said he is in the fruad team in this company the he said i will get a phone call from this company she will be my accounts manager so i got a call & she said her name is Monicia Hoffman & to open this account i must deposit $400-00 the she said she will stay on the phone to tell me the money was in this account the she said if i made another payment $1,475.00 the company will give me $35k as a bonus to help her to trade so the first trade she said it made $7,675 the the next trade she made she said it got 9,235 the she said this will be enough for tonight she said she will call me at the same time tomorrow so this continuned for 7 weeks then at the last time she called i told her i had put $145,750 in to this account the she said if i look at the last trade she made a trade of $80k & lost the lot then she made another trade $67k then i said are you selling again she said this is a great trade & she will call me the next day & when i opened the site there was$12k left the i said to her you have lost again she said she got things wrong with some information of this tye of trade so i sai again if you sell there will be something to buy the she said & also started to cry so i said please give me my money in the account you have lost a great deal of my money 7still crtying she said if i can find another $10k the company will give me a recovery time to get my money back so she bullyed me into getting a renovation loan from my bank this money is in my account i asked if i can get some back to pay my normal bills the she hung up on me i tryed to call her but the number came from N/Z so it was usless so please never get conned dy this it is a scam

  3. they are based in Milutina milankovica 9DZ, belgrade, serbia. if anyone want to follow them

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