Swiss Markets

Service was founded in 2016. The company’s main goal is to become a leading brand in the online trading industry. The company is committed to creating a competitive environment where customers can enjoy secure, transparent and reliable STP (Straight Through Processing) trading. BDS Markets is authorized and regulated by the Financial Services Commission of Mauritius.

The company considers its traders its most valuable asset and invests in customer satisfaction to strengthen its reputation. Transparency and fair trading are the core principles of Swiss Markets. The broker supports the STP model, which means that all client orders are immediately transferred to liquidity providers.

The project offers CFD trading services on a range of underlying assets, including Forex, metals, energy, commodities and indices. Committed to offering low-cost trading with some of the lowest spreads in the markets. Customer education is also a priority, providing enhanced educational resources including seminars and webinars.

Communication methods

The office offers the following contact methods:

• hotlines;
• emails;
• office address, but note that the specified geolocation is fake.

At the same time, the organization does not offer faster methods of communication. For example, there is no online chat, instant messengers or social networks.

Terms of cooperation Swiss Markets

The company offers only two types of accounts.Both of these accounts follow the direct order processing (STP) model. Here are the basic conditions for each of them:

• STP Classic Account. Base currencies: EUR, USD, GBP. Contract size: 1 lot = 100,000. Leverage: Up to 1:500. Spread on EUR/USD: from 0.9 pips. There is no commission. Maximum number of open/pending orders per client: 200 orders. Minimum trading volume: 0.01 lots. Limit of lots per order: 50. Minimum deposit: $200;
• RAW STP – Swiss 11. Contract size: 1 lot = 100,000. Leverage: Up to 1:200. Spread on EUR/USD: from 0 pips. Commission: 11. Maximum number of open/pending orders per client: 200 orders. Limit of lots per order: 50.

There is very little information on the official website swissmarkets.com regarding trading conditions.

Swiss Markets divorce algorithm

Now let’s talk about how the company scams traders out of money. It should be said right away that the company acts like the most classic swindler. The management did not create any unique approach, at the same time it produces results – this is the main thing.

• pattracting clients. The service attracts users by masquerading as a reliable broker. They use promises of high returns and ease of trading to attract naive and inexperienced users;
• registration and verification. After attracting clients, the company requires them to fill out personal data and go through a verification process;
• refill. Clients make a deposit to start trading. The minimum deposit is 200 USD, if you study the comments, the broker sometimes makes concessions and offers to open an account with the most favorable limit;
• clients are given access to a trading terminal offered by the broker. However, in reality, trading turns out to be ineffective due to technical problems, high spreads and commissions;
• problems with withdrawal of funds. When clients try to withdraw their funds, they encounter obstacles. Swiss Markets either refuses payment or requires additional fees, which makes withdrawal of funds almost impossible;
• blocking accounts and ignoring clients. In case of persistent attempts by clients to return their funds, the office may block their accounts and stop any communication.

Swiss Markets uses a variety of manipulative techniques, including promises of high returns, masquerading as a reputable broker, and complex withdrawal procedures to keep clients’ money and avoid payouts.

Next, we invite you to familiarize yourself with the intricacies of conducting a forced transaction. Fill out the form andwrite to us. Our employees will describe in detail the nuances of conducting a chargeback. And this will significantly increase your chances.