FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.
Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)
Recently, investors have complained through the FxGecko app that Swissquote has arbitrarily charged transaction fees and spread spreads, which are outrageously high and deceiving.
Complaint disclosure: In the QQ group, a manager surnamed Huang was introduced to open an account on Swissquote. Unexpectedly, there is a huge spread between currency pairs, plus transaction fees. It was purely giving money to others for spending, the transaction was unfair, and they even started group buying. In the end, their entire family was gone, and around 15000 US dollars went bankrupt. In addition to paying the spread fee, there is also a handling fee for opening a position. It's simply despicable!
Introduction to the official website of Swissquote:
Established in 1996, due to its emphasis on technological innovation, it has become one of the top ten foreign exchange brokers in the world, enabling 300000 private and institutional clients to trade a wide range of currencies, commodities, and stock indices.
Swissquote, displays 3 regulatory licenses on the FxGecko app. The regulatory status of the UK FCA STP license, Swiss FINMA MM market maker license, and China Hong Kong SFC foreign exchange license claimed to be under regulation.
FxGecko risk warning: Swissquote foreign exchange platform has 101 self risks, 8 related risks, and 112 monitoring warnings. Pay attention to early warning!
Swissquote, FxGecko APP has a score of 8.3. Although the score is high, investors are advised to choose carefully, as a high score on FxGecko does not necessarily mean that the platform has no problems!
