CONSOB warns against Swiss Capital FX

CONSOB, the Italian financial regulator, has ordered Swiss Capital FX to cease operations in Italy.

Swiss Capital FX is a broker that allows its clients to trade Forex, cryptos, commodities and share in a indirect way through contracts for difference.

The broker, which is run by Swiss Capital Group, is allegedly based in the UK. But even if UK brokers have to be regulated, Swiss Capital FX is not.

Despite this fact it is targeting Italy among other countries. This is why the CONSOB ordered the broker to stop this activity.

For trading use regulated brokers.

1 thought on “CONSOB warns against Swiss Capital FX

  1. Swiss capital fx is a fraud company.. they simply take your money and you will lose all the money you deposit with these guys… i accidentally created the account with them and some one called me straight away and literary forced me to deposit €250.. i paid that amonunt in my account. Then some one called me next day and said there is bit coin halloween is coming and if i put some money they can put €500 in my live account. They were asking for €5000 but i said i do not have that amount… so they literally convinced me to put at least €1000. So was a bad day i put another €1000 with them.. they have added €500 in my account. So my total deposit was €1750. After that i read some bad reviews about this company like FCA has banned this company. I ldecided to withdraw my money.i filled the withdrawal form and submit them. Same broker called me again and said let me open trade for you so at last you can make some money. I like to build relation so that we can work together again in future.. he opened the trade in crude oil and put all my money at risk.. in 5 sec trade is closed and i lost all €1750 in one single trade… that broker called me again and wanted to put extra €1000 so that i can recover my loss.. but i didn’t gave any money further…please do not trade with them you will loose every thing.

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