Swiss Capital Invest Review

Swiss Capital Invest

Reason to avoid: No license

Listed Date: January 27, 2019

Top 3 Regulated Forex Brokers

Beware Swiss Capital Invest is a Non-Regulated broker. It is NOT SAFE to trade.

  • Company name: Swiss Capital Invest Holding Ltd
  • Registration/license: None
  • Registration/license requirement: –

Swiss Capital Invest is a Forex broker that also claims to be an asset management and wealth management advisor and claims to work with only the most trusted financial professionals in London. According to the website, the company has a corporate office in Dublin and the main office in London. They also claim that Swiss Capital Invest Holding ltd is regulated by the Financial Conduct Authority under the number 658156. There is an actual company registered under this number in the FCA register, however, as turned out it has no association with the Swiss Capital Invest. The broker has been using the address details and registration number of the Swiss Capital Invest Holding (Dublin) Limited, FCA authorized firm. It is authorised to offer, promote or sell services or products in the UK.
Moreover, according to the FCA’s recent statement, the broker was not just providing a misleading regulation information, but it was also using the details of the FCA-licensed company.

In its notice, the UK regulator states that “clone firms” – fraudsters usually use this tactic when contacting people out of the blue, so clients should be especially wary if they have been cold called. They may use the name of the genuine firm, the ‘firm reference number’ (FRN) the regulator has given the authorised firm or other details.
“Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Swiss Capital Invest Holding Ltd (clone of EEA authorised firm).”
Considering the above, we highly recommend to avoid Swiss Capital Invest and select a decent and licensed broker instead. Here we should note that along with FCA, the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), two other well-respected institutions, also enforce strict regulatory standards upon all brokers in their jurisdiction.

Share this Article