If you have had misguided beliefs about Aswissa Broker, this Aswissa Review will help you come to terms with the fact that you had been scammed. By no means do we encourage you to do nothing about it. In fact, you should react as soon as you read this article, because it is going to be a real eye-opener.
Let’s tackle the problem of Aswissa Broker by exposing the inconsistencies contained on their website and revealing shortcomings in their scamming schemes.
Firstly, the minimum deposit is €15,000 which is just ridiculously high given that a multitude of reputable brokers offers opening accounts with far less.
Despite claiming that they are owned by Aswissa Ltd, which is a company regulated in the UK, Australia, and Seychelles, their address is located in Germany. Moreover, Aswissa is not regulated by BaFin, which is a German regulator, therefore, it cannot provide financial services there.
Regulation and Security of Aswissa
Aswissa unscrupulously puts forward that it is regulated by FCA and ASIC. How come when they offer leverage as high as 1:200 which is prohibited by those regulatory bodies? Regulation limits the leverage to 1:30. Also, bonuses are forbidden, but offered at Aswissa.
Their pack of lies is proof of their fraud and should cast doubt on their business from the very beginning. Let us remind you that you won’t need to lose as much sleep over the safety of your money with regulated brokers as with those who just run wild unhindered by the law.
Aswissa Trading Platform
Aswissa offers not as advanced trading software as MT5 called ProWave. For example, there are only some basic chart tools and no automated trading option. We should also point out how relevant it is for you to use an advanced platform in order to be more successful at trading.
MT5 is a trading platform that is utilized by the overwhelming majority of experts. Therefore, it is better to find a broker who offers such a platform. The benefits are enormous since you can enjoy easy navigation through the system and a significant number of advanced features in terms of charting tools and customization.
Trading Instrument Available at Aswissa
Aswissa gives you the opportunity to trade forex, commodities, crypto, indices, metal, and stocks. Quite a wide range, indeed!
- Currency Pairs – EUR/USD, GBP/AUD, EUR/GBP
- Commodities – gold, silver, natural gas
- Indices – Dow Jones, FTSE100, DAX30
- Shares – Amazon, Tesla, Google
- Cryptocurrencies – BTC, DOGE, LTC
It’s no child’s play to do business with them. They really know their stuff. The story goes like that. No matter how expert they seem to be in this field, they are still just con artists who use their resources to steal money from gullible people.
Deposit and Withdrawal Procedure
The minimum deposit is an appalling €15,000 which just contends their tantalizing greediness. Their agents percolate their charming ways into your pockets persuading you to invest more, despite your success seeming elusive, rightfully so.
Their withdrawal methods are ludicrously unsensible asking for 10% of the amount from unverified and low turnover accounts.
How Does Offshore Brokers’ Fraudulent Work?
We don’t berate you for becoming enthralled by the idea of getting easy money. It is part of the complex working of psychology that those fraudulent brokers take into consideration when talking with you about your investments.
Regardless of whether a person is ill-informed about the forex market or not, you should see through their scamming ways by checking their information outside their website.
First, they will breathe down your neck so that they could swindle as much money as they can. Then, once you ask for that money back, they will give you the cold shoulder.
Best Forex Trading Brokers
These are 6 brokers you should choose from when on your trajectory of making a deal with regard to forex trade. Apart from trading itself, they will offer fantastic educational materials to you, so that you can learn all the nuances of this field of economics.
All of them have high ratings and reasonable minimum deposits. On balance, the thing that is the most important for every one of us playing safe is the fact that they are all regulated by certain reliable organizations.
|FXTM Broker||Cyprus, UK, Mauritius||4.5||$10||Forextime.Com|
|OctaFX Broker||Cyprus, SVG||4.4||$100||OctaFx.Com|
|FP Markets Broker||Australia, Cyprus||4.7||$100||FpMarkets.Com|
|XM Broker||Cyprus, Belize, Australia||4.7||$5||XM.Com|
|HFM HF Markets Broker||Cyprus, UK, South Africa, UAE, Kenya||4.3||$5||HFM.Com|
|FBS Broker||Cyprus, Belize, Marshall Islands||4.85||$100||FBS.Com|
To put it briefly, Aswissa is a conniving broker which doesn’t shy away from blatantly lying about their license. As abominable as it may sound, it is even more abominable to think about the consequences of making your fortune with them. Actually, dealing with this broker, you may end up broke!
We cannot stress enough that you never trust and always verify your brokers! If you come across a scam, do report them!
FAQs About Aswissa Broker
Is Aswissa Regulated?
They falsely claim they are regulated by CySec, FCA, and ASIC which is simply not true.
Does Aswissa Offer a Demo Account?
No, Aswissa doesn’t offer a Demo Account. In fact, the most basic account is the one with the minimum deposit of €15,000.
What is the Minimum Deposit for Aswissa?
The minimum deposit at Aswissa is €15,000 which is a major red flag since there are reputable brokers who ask for as low as $5.