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SwissFS, regulated by Kuwait’s Ministry of Trade and Industry, offers trading via the MetaTrader 4 platform with leverage up to 1:400 and various financial instruments. It supports multiple deposit and withdrawal methods but requires a minimum deposit of $150 and provides only one trading platform. This review covers its key features and limitations.
🚀 Minimum deposit: | 150$ |
⚖️ Leverage: | 1: 400 |
🛡️ Regulations & Licenses: | Ministry of Trade and Industry in Kuwait |
💵 Deposits/Withdrawals: | Credit and debit cards Neteller Skrill CashU Bank transfer |
💻 Trading platform: | MT4 |
🌙 Islamic Account: | Yes |
🔗 Main domain: | www.swissfs.com |
What is SwissFS?
SwissFS (or the Swiss company) is one of the brokerage companies in Kuwait, founded in 2002. It offers a variety of financial services, including Forex, stocks, and CFDs.
SwissFS also offers many educational tools to help traders succeed in trading.
The brokerage company has received many positive reviews from users and traders. It is also licensed by the Ministry of Trade and Industry in Kuwait.
What can you trade with SwissFS?
With SwissFS, you can trade a variety of financial assets, including:
- Forex
- Commodities
- Indices
- CFD stocks
- ETFs
SwissFS trading platforms
SwissFS offers one type of trading platform, MetaTrader 4, which is considered one of the best trading platforms ever. It’s easy to use, well-developed, and available on Windows, Mac, and mobile applications such as iPhone and Android.
It contains many trading analysis tools, ensuring traders’ convenience and the ability to trade anytime, anywhere.
SwissFS Account types
SwissFS offers two types of accounts: a demo account and a real (or standard) account.
- The demo account helps beginner traders practice trading without risk and allows professional traders to test the brokerage using virtual money.
- The real account, also known as the standard account, offers a 1:400 leverage and supports a minimum deposit of $150. It allows traders to trade various instruments like Forex and stocks using the MetaTrader 4 (MT4) platform.
Deposits and Withdrawals at SwissFS Brokerage
SwissFS offers several methods for depositing and withdrawing money, including:
- Credit and debit cards
- Neteller
- Skrill
- CashU
- Bank transfer
Swiss FS regulation
SwissFS is one of the brokerage companies licensed in Kuwait to provide Forex trading. It holds a license from the Ministry of Trade and Industry in Kuwait.
The company’s address is:
East Area, Block 365, Khalid Ibn Al-Walid Street, Office No. 1, 16th Floor, Company Building 22 for Projects.
The Ministry of Trade and Industry’s regulation provides traders in Kuwait with more security and ensures the safety of their funds.
Is SwissFS a Scam?
We cannot say that SwissFS is a scam because it is licensed by the Ministry of Trade and Industry in Kuwait.
This license provides greater security and ensures the safety of traders’ funds in Kuwait.
SwissFS fees
Based on information from the SwissFS website, the broker does not charge any fees for deposit or withdrawal processes. It also offers low spreads, reaching as low as zero pips on major currency pairs.
Connect the customer service in Swiss FS
SwissFS provides multiple ways for customers to get in touch with their support team:
- Phone: Customers can contact the company via phone at +965-22020490.
- Email: For inquiries, customers can reach out via email at admin@swissfs.com.
- Fax: The company also accepts faxes at the following numbers: +965-22438896.
- Mailing Address: Customers can send mail to the company’s postal address: P.O. Box 545, Safat, Kuwait 13006.
- Physical Location: SwissFS is located at East Area, Block 365, Khalid Ibn Al-Walid Street, Office No. 1, 16th Floor, Building 22 for Projects.
Pros and cons of SwissFS
Pros | Cons |
Licensed in Kuwait | Provides only one trading platform (MT4) |
Offers MetaTrader 4, a popular trading platform | Minimum deposit requirement of $150 |
High leverage up to 1:400 | Limited information on deposit and withdrawal fees |
Wide range of financial products (Forex, indices, etc.) | |
Provides educational tools for traders | |
Multiple deposit and withdrawal methods available |
FAQ
What is SwissFS, and is it a regulated broker?
SwissFS is a brokerage firm offering trading services in various financial instruments, including Forex, indices, and stocks. It is regulated by the Ministry of Trade and Industry in Kuwait, which ensures that it adheres to local regulatory standards and provides a degree of security for traders.
What trading platforms does SwissFS offer?
SwissFS provides its clients with access to the MetaTrader 4 (MT4) platform. MT4 is a popular and well-regarded trading platform known for its user-friendly interface, advanced charting tools, and automated trading capabilities.
What are the minimum deposit requirements and available at SwissFS?
The minimum deposit requirement at SwissFS is $150. The broker offers multiple methods for depositing and withdrawing funds, including credit and debit cards, Neteller, Skrill, CashU, and bank transfers. This variety of options provides flexibility and convenience for managing your account.
Pros
- High leverage up to 1:400
- Licensed in Kuwait
Cons
- Provides only one trading platform (MT4)
- Minimum deposit requirement of $150
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