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Swiss Capital FM Review 2025

Updated:

Brief Look at Swiss Capital FM

Swiss Capital FM presented itself as an international company, registered in both Estonia and the Marshall Islands. The latter is an offshore zone, so cooperation with brokers based there is inherently risky for traders. Moreover, Swiss Capital FM lacked licenses from regulators in either country. Analysis of feedback from defrauded clients revealed that the company's registration number provided no assistance in recovering their invested funds.
In 2019, Swiss regulator FINMA added Swiss Capital FM to its Warning List. It identifies financial market participants that provide unauthorized services and are not supervised by this commission. In 2020, the UK regulator, the FCA, issued a similar warning about Swiss Capital FM.
Since mid-2019, more and more negative reviews about Swiss Capital FM have been appearing online. Traders accuse the company of fraudulent practices, including misappropriating funds and interfering with trades. Its website is currently inaccessible.

User Satisfaction i

Score:
2.2/10

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ianhollander
1 year ago

Simply refusing to withdraw clients’ money at the onset of their trading journey is not the most sophisticated tactic employed by unscrupulous companies masquerading as brokers. A more cunning method of stealing funds involves providing a substandard platform that hinders effective market analysis. When traders complain about the platform's functionality or consistent losses, the broker can simply accuse them of poor trading skills. This is precisely what Swiss Capital FM did. Their employees continually highlighted my alleged mistakes and urged me to seek help from their “experienced experts” for accurate trading signals. I quickly grew tired of this tactic. I strongly advise against using Swiss Capital FM.

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bunda13
1 year ago

Five years ago I tried to trade currencies through Swiss Capital FM. But the conditions were so terrible that I quickly abandoned the idea. At that time you could still start with 250 dollars, but there were no cent accounts. Other brokers had stable web platforms, but Swiss Capital FM's platform was constantly freezing. The support service advised me to change my laptop, but I knew that it was fine. The extended platform downtime prevented me from entering a potentially profitable trade and, more critically, from closing a losing trade. There was no point in arguing or trying to prove anything, so I simply closed my trading account.

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otukwesidaniel
1 year ago

Swiss Capital FM is a broker that has demonstrated dishonest behavior towards its clients. While their website did not claim to have an FCA license, it was rife with other deceptions. A primary example is their promise of low spreads, which, in reality, were very high even on major currency pairs and exorbitant on exotics. Their trading platform was poorly designed for technical analysis, cluttered with unnecessary buttons and lacking essential indicators and drawing tools. It's now clear to me that such platforms are intentionally designed to deplete clients' deposits, allowing the broker to blame traders for their losses and seize their funds.

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Dukan45
1 year ago

Swiss Capital FM resorts to various tactics to deceive unsuspecting traders. Initially, they promise favorable trading conditions, which in practice are far from the truth. I have never encountered such high spreads with any other broker. Additionally, they impose hidden commissions not mentioned in the contract. Swiss Capital FM also struggles with fulfilling payment obligations. While I could easily withdraw small amounts under $100, my request for a $300 withdrawal was repeatedly canceled, and I never received the funds. Their employees constantly pressured me to increase my deposit. If this turns out to be a scam, I wouldn't be surprised.

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richardo1986
1 year ago

I did not have a long and fruitful partnership with Swiss Capital FM because the company is not quite honest with its clients. It promises favorable conditions, but keeps very high spreads. It should not interfere in the trading process, but does it regularly. Half of the quotes are made-up. Prices slip constantly and orders are canceled. The support service has not solved a single problem during my time with Swiss Capital FM. They answer with delays. I withdrew some money, but the broker blocked most of my deposit. Also my account was closed. Although now the Swiss Capital FM website is not available at all, so the reasons for such behavior are clear to me.

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Rizzu
1 year ago

SwissCapitalFM offers various account types, but their initial deposit requirements are excessive. Are you willing to entrust €5,000, €25,000, or even €75,000 to an unregulated broker? The website doesn't specify spreads, not even minimum values. These conditions immediately raised concerns and doubts about the company's honesty. A quick search revealed a warning about SwissCapitalFM on the UK's FCA website. After reading several reviews, I was convinced that this is a fraudulent scheme. I'm unsure about their past performance, but at the time of my investigation, it was clearly a typical scam.

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dimonddipak
1 year ago

It was impossible to trade profitably with Swiss Capital FM. The platform reacted to changes in quotes with delays, and the broker often closed potentially successful trades for violating some rules. Moreover, technical support could not name the specific clause of the agreement, which raised questions for me. I realized that I needed to withdraw the money while I still had it. I made several small requests for 50-100 dollars. I was lucky, the broker processed the withdrewals. Just a couple of months later, the FCA's website published a notification about Swiss Capital FM's illegal activities. So I was lucky, you could say. Although it is a pity about the money spent on inefficient trading.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

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