Is swisscapital.fm a legitimate company? www.swisscapital.fm

By Anonymous, from South Africa, December 12, 2019 at 11:03 AM

i have been approached by crypto currency trading company www.swisscapital.fm. Is this a legitimate company. Where are they registered and licensed?

Answer: Hi Anonymous,

SwissCapital is a NOT regulated broker. The company doesn’t provide any information about its regulation  or location. Judging by the provided on the website phone number, SwissCapital should be located in Switzerland. However, it is not listed in the Swiss regulator’s register.

Moreover, Swiss regulator FINMA has warned against SwissCapital. You can read more about this warning in our post.

We recommend you to avoid unregulated brokers and choose from the Regulated entities.

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