Beware! Swiss win 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.


Swiss win wants to imply with its name that it has something to do with the financial hub Switzerland and that it will provide you with easy profits. But a check of the facts shows that these insinuations are far from the truth.

Swiss win is not at all the credible forex and CFD broker it portrays itself to be. Let’s take a detailed look at why you should stay away from this website and how to find a trustworthy broker.

Swiss win Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
Swiss win
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

The most important information about a financial services provider is its regulatory status. Licensed brokers provide detailed information about which company runs them, where it is based, which jurisdictions it is authorised in and which regulatory bodies oversee its activities.

Swiss win doesn’t disclose which company owns and operates this website, which is a big enough red flag that we’re dealing with fraud. Even the text of the Terms and Conditions doesn’t mention the name of a legal entity.

Swiss win provides a contact address in an offshore area – Saint Vincent and the Grenadines (SVG).

However, in the Terms and Conditions, Estonia is listed as a relevant jurisdiction alongside the SVG. Such inconsistencies are typical of financial scams. The Belgian  Financial Services and Markets Authority (FSMA) has the same judgement about Swiss win, which is why it has blacklisted the website.

We do not find a broker with a similar name in the register of companies incorporated in the SVG. But even if the owner of Swiss win is based there, it does not provide any assurances as to the security of your funds.

SVG is an offshore zone with no broker regulations in place. As soon as you open the website of the local Financial Services Authority you see a warning that the institution does not licence forex and other types of brokers and does not supervise the activities of International Business Companies engaged in such activities.

If you have decided to invest in financial instruments, and especially if you are a novice trader, you should use the services of a licensed broker based in a jurisdiction with strong regulations.

Depending on your location, it is advisable to choose a company that is regulated by an institution such as Commodity Futures Trading Commission (CFTC) in the US, Australian Securities and Exchanges Commission (ASIC), UK’s Financial Conduct Authority (FCA) or some EU regulator like Cyprus Securities and Exchange Commission (CySEC).

Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.  In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States.

Swiss win Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Swiss win platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

After registering an account, we get access to a pretty basic web trading platform that doesn’t feature extensive customization options or advanced functionality.

We’ve seen the exact same platform being used by multiple fake brokers we’ve encountered. Scammers are using rigged trading software to fool their victims into believing that their money is really being invested and even turning a profit.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

Swiss win Trading instruments

Swiss win

In the trading platform we see all major asset classes. But as stated, we have no good reason to believe that this anonymous website offers real trading.

Swiss win Spreads and cost of trading

Spread EURUSD2.10.611.1
Spread GBPUSD2.
Spread USDJPY2.

In the trading platform we see a very high spread of over 2 pips. This level is very disadvantageous for the trader. In addition, we do not know if Swiss win charges additional commissions because the website does not provide clear and detailed information on the trading parameters.

Swiss win Maximum leverage

Swiss win
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

As stated, Swiss win does not provide information on the parameters of trading. High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.

If you are willing to take the risk of trading with high leverage and benefit from bonuses and promotions, the best option is to invest through an offshore division of an established brand.

Swiss win Deposit and withdrawal methods

The FAQ section of the website states that deposits are possible via wire transfer or credit/debit card. But at the time of writing this review the deposit menu was not active. We were therefore unable to ascertain what payment methods were available.

Experience has shown that fake brokers routinely advertise conventional payment methods, but actually steer their potential victims towards cryptocurrency transactions. This not only guarantees them anonymity, but also deprives the defrauded of the option to request a refund or chargeback.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

Swiss win Minimum deposit

Minimum deposit€500$5$10$5

Swiss win  requires a very high minimum deposit of 500 EUR. For a significantly lower amount you could open a starter trading account with a duly licensed broker, including the industry’s leading brands.

Swiss win Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Swiss winBonus x50Not specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

If the account has received a bonus it can only withdraw funds after it has traded an amount equal to at least 50 times the bonus. Such clauses are designed to block any withdrawal requests.

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