Swissqb247 Review: Transparency and Regulatory Analysis
With a bold statement, “Everything we do enables traders to achieve more,” Swissqb247 broker is definitely worth our time. We wanted to see what exactly they do and how it can benefit you as an investor. So, let’s start our Swissqb247 review.
|Regulated by:||Unlicensed Brokerage|
|Blacklisted as a Scam by:||CONSOB|
|Supported Platforms:||Web trader|
|Minimum Deposit:||250 EUR|
|Types of Assets:||FX, commodities, indices, shares, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||No|
Swissqb247 Regulation and Security Details
Since we have absolutely no information about the broker, this one was hard to answer. Every now and then, we come across a website that doesn’t bother to provide us with the company owner or their official headquarters. Unfortunately, Swissqb247 is one of those brokerages. Therefore, we can only conclude that being involved with them means being involved with an unregulated, shady company, most likely based offshore.
However, getting your money back from such won’t be an easy task. We strongly advise you to choose Tier1 regulated brokers with FCA, ASIC, BaFin, or another valid license.
Swissqb247 Warnings From Financial Regulators
As a confirmation of all our statements, we found an official warning from the Italian CONSOB. According to this authority body, Swissqb247 forex brokerage is a notorious scam everyone should avoid. CONSOB advised anyone scammed to file a dispute immediately.
Fund Withdrawal Issues With Swissqb247
With everything listed, we were not surprised to hear about Swissqb247 reviews. Clients say that depositing money with the broker is more than welcome, and their support when making an initial deposit of $250 was exceptional. However, once they asked for a withdrawal, there were a couple of scenarios – account access was blocked, the account manager had different excuses why right now is not the good time for withdrawals, the money disappeared in the trade a client never opened.
We can conclude from these reviews that opening an account with the broker is not recommended if you ever want to see your funds again.
Traders About Swissqb247 Scam
Besides withdrawals as the main issue, we found several other complaints. Clients are stating that the broker’s web trader has numerous lags. Take profit and stop loss don’t function. Also, broker’s employees are approaching them asking for access to their computers via AnyDesk or TeamViewer. These tools scammers can use to gain access to your bank account and transfer all of your funds without permission. Beware of the Swissqb247 scam and never provide access to your online banking to anyone you don’t know.
How To Know If You Were Scammed Online?
There are several types of online trading scams, but they all have the same outcome – you will lose money. If you invested with a company and can no longer access your funds, can’t submit a withdrawal request, or if this request is denied or not even processed, it would be an obvious sign of a scam. Also, pay attention to how broker’s employees are talking to you. If the only thing you hear is about investing more money and never about returning money back to you, know that something is suspicious.
Scammed by Swissqb247?
If you were scammed by Swissqb247 or a similar illicit broker, you should know that you are not alone. Unfortunately, things like this happen, and you should react immediately. File a dispute and request a chargeback.
But What Is A Chargeback?
This is a way for your bank to reverse the transaction if you can prove that you have been scammed. For further information, contact our support via online chat and book yourself free consultation. Don’t let scammers run away with your money. Get it back!
What is Swissqb247?
Swissqb247 is an online trading brokerage without proper financial regulation.
Is Swissqb247 a scam broker?
Yes, Swissqb247 is a scam with an official warning by the Italian regulator CONSOB.
Is Swissqb247 regulated?
No, Swissqb247 is not regulated by any authority body, and it’s blacklisted by the Italian regulator.