Swissfxm Review: Swissfxm is a Forex and CFD broker that offers some of the most innovative trading platforms in the industry. But is it legit? In this review, we will take a look at the company’s regulations, safety measures, account types, and more to see if they are a reliable broker. So, let’s get started.
Swissfxm Review: Intro
SwissFXM is a new Switzerland-based online trading broker that offers its clients the opportunity to trade in a wide range of financial instruments. The company is owned and operated by Swiss Financial Market Solutions AG, a financial services company that is licensed and regulated by the Swiss Financial Market Supervisory Authority (FINMA).
SwissFXM offers its clients a choice of two account types – a Standard account and a VIP account. The Standard account requires a minimum deposit of 500 CHF, while the VIP account has a minimum deposit requirement of 50,000 CHF. Both account types offer leverage of up to 1:100 and access to the MetaTrader 4 trading platform.
The broker also provides its clients with 24/5 customer support via telephone, email and live chat, as well as daily market analysis and a free educational ebook.
What is Swissfxm?
SwissFXM is a global brokerage firm that offers online trading services in Forex, CFDs, and precious metals. The company is headquartered in Zurich, Switzerland and is regulated by the Swiss Financial Market Supervisory Authority (FINMA). SwissFXM offers two account types – a standard account and a VIP account – and four different ways to trade: WebTrader, MetaTrader 4 (MT4), Mobile Trader, and fix API Trader. SwissFXM also provides its clients with market analysis, educational materials, customer support, and a demo account.
How does it work?
Swissfxm is a broker that provides online trading services for forex and CFDs. It is owned by Swiss Financial Markets Ltd, a company registered in the Seychelles. The broker is not regulated by any financial authority.
The website of the broker is available in English and Arabic. The minimum deposit required to open an account with Swissfxm is $250. The leverage offered by the broker is up to 1:200.
The spreads offered by Swissfxm start from 3 pips for the EUR/USD currency pair. The minimum trade size is 0.01 lots. The maximum trade size is 50 lots.