Is Swiss Assets FX a regulated forex broker or a scam?

Swiss Assets FX broker is a Non-Regulated Broker. It is NOT SAFE to trade with this company. While we checked the company, there is no authorisation or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

About Swiss Assets FX
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Swiss Assets FX safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Swiss Assets FX states that it is a regulated investment services firm authorized in the conduct of its activities by the Swiss Securities and Exchange Commission (‘SFMSAS’) under the license no. 092/08. Although there is no such entity as Securities and Exchange Commission in Switzerland which means the company has been providing financial services without being authorized. The Swiss regulator who is responsible for providing licenses is FINMA. An entity should have 100 million CHF as net capital to apply for a forex trading license with FINMA and also should manage business from an office in Switzerland.

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