Swiss Win Broker Review: The swiss-win.com Scam

 
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Swiss Win is a broker that claims to connect you with the global market. Their website’s tagline even says “leading your way to financial security“. Of course swiss-win.com is a scam and all of the things they tell you don’t matter.

We noted that this broker’s reputation is not good. The person that runs Swiss Win also operates Pioneer Markets (pioneer-markets.net) and Priority Trading (priority-trading.net) respectively. This is why the 3 websites is similar. They also share the same physical offshore address.

Swiss Win is a very new broker as their website was anonymously registered in January 2023. With less than 1 year in the industry, their trust rating is very low.

Today we will see in this review how the broker is likely to scam you if you proceed to sign up and transfer funds to them.

Swiss Win Review: Why this broker is a scam

It’s easy to see why this is a scam. Let’s consider the list of red flags down below:

  • The broker and its affiliated brokers don’t hold any valid license from a financial regulator
  • Swiss Win is offering “savings account” which suggests that they’re operating like a bank and not a broker
  • A high minimum deposit of 500 EUR while other brokers are offering as low as 50 EUR
  • No information about the company behind these 3 brokers
  • About page is just vague
  • Broker has never eceived any praise from any client
  • They use lies to lure people into their trap

Things to ponder about when discussing Swiss Win broker

It’s interesting to see that this broker is offering money management, signals and trading analysis, insurance and savings account.

As a matter of fact, this is not the job of a broker. A broker’s work is to offer you a trading platform. If they’re offering to “help” you make profit using signals and trade analysis, that is a red flag.

Think about it this way: a casino is never happy if you keep winning and they keep paying out profit. They’ll lose money.

A bucket shop like Swiss Win losses money when they keep paying out money to winning traders. This is why they must do everything to ensure that you can lose your deposit.

The “account features” listed on their website is just to fool you into thinking that this broker cares.

We have also talked about “insurance” and “deposit protection” in our review of HBL-SCF scam. You can read it here.

We stated that there is no insurance or deposit protection in trading. Your deposit is used to buy or sell financial instruments. If a broker claims that they’re offering some sort of insurance, run! They’re a scam.

Conclusion of this broker review

We don’t like this broker because of the reasons stated above. We feel this is a trap that seeeks to prey on new traders.

The owner of the 3 sites: swiss-win.com, priority-trading.net and pioneer-markets.net is anonymous and this is for a very good reason. They just want to keep scamming you with avoiding shame at all cost.

We’re anticipating that this broker will soon be blacklisted by the relevant financial authorities.

Thanks for reading. If you would like to contribute to this article, make use of the comment section down below.

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