Score
Saint Vincent and the Grenadines
|
1-2 years
| https://swisscoinco.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
swisscoinco.com United States| SwissCoinCoReview Summary | |
| Founded | 2023-10-20 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Stocks/Cryptocurrencies/Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | SwissCoinCo (Web) |
| Min Deposit | $250 |
| Customer Support | Phone: +44 2038687828 |
| Email: support@swisscoinco.com | |
SwissCoinCo is a broker. Over 500 instruments with a maximum leverage of 1:500 include forex, commodities, stocks, cryptocurrencies, and indices. The broker also provides demo accounts and various real accounts. The minimum spread is from 0 pips and the minimum deposit is $250. SwissCoinCo is still risky due to its unregulated status and inconsistent account information. The account information on the trader's official website is inconsistent, and traders should be on high alert.
| Pros | Cons |
| Various tradable instruments | Unregulated |
| Demo account available | MT4/MT5 unavailable |
| Spread as low as 0 pips | No 24/7 customer support |
| Leverage up to 1:500 | Account information inconsistent |
SwissCoinCo is not regulated, making it less safe than regulated brokers.
SwissCoinCo offers a wide range of market instruments, including forex, commodities, stocks, cryptocurrencies, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indice | ✔ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
SwissCoinCo provides 4 account types with bonuses up to 100%: standard, silver, gold, and VIP. Traders who want low leverage can choose a standard account, while those who want low spread can open a VIP account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Standard | Silver | Gold | VIP |
| Demo account | ✔ | ✔ | ✔ | ✔ |
| Max leverage | Up to 1:200 | Up to 1:300 | Up to 1:400 | Up to 1:500 |
| Min spread | From 1.5 pips | From 1.5 pips | From 0.8 pips | From 0 pips |
| Bonus | Up to 30% | Up to 50% | Up to 70% | Up to 100% |
SwissCoinCo also shows five additional account types: standard, advances, platinum, expert, and VIP. The account information is messy and seems unreliable.
| Account Type | Standard | Advances | Platinum | Expert | VIP |
| Pricing | 10000€ | 25000€ | 100000€ | 250000€ | 500000€ |
| Leverage | Up to 1:20 | Up to 1:40 | Up to 1:100 | Up to 1:200 | Up to 1:400 |
| Spreads | Varies from asset to another | Varies from asset to another | Varies from asset to another | Varies from asset to another | Varies from asset to another |
| Swap Reduction | 10% | 20% | 30% | 40% | 50% |
| Stop Out Level | 10% | 8% | 6% | 4% | 2% |
| Divides per Month | ❌ | 1000€ | 3000€ | 7500€ | 15000€ |
The spread is from 0 pips. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
SwissCoinCo provides a proprietytrading platform available on the web to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices |
| SwissCoinCo | ✔ | Web |
The minimum deposit is $250. SwissCoinCo accepts Visa, Bitcoin, Mastercard, and Wire Transfer for deposit and withdrawal. The withdrawal requests are processed within a few days.
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