Suisse Trading Review: Suisse-trading.com Copy Trader Scam
Suisse Trading (Suisse-trading.com) is providing trading signals via Telegram. For traders who want to experience automated trading, they do have a copy trader option. On the Telegram page, they claim to offer free signals and members get one to two a day. They claim that their signals have an accuracy of 89 percent and a guaranteed monthly ROI of 19.7 percent. With such a high ROI which is guaranteed, investors have signed up in their hundreds. Before you become their next victim, read this entire SuisseTrading Review.
About Suisse Trading
From the look of things, the website is basic and claims to offer professional Swiss Assisted Trading. The developers of this platform seem to have knowledge of online trading. One of the biggest problems facing online investors is professional scam artists. These artists will use every trick in the book to steal from investors. And this is why everyone should be extra careful with this signal provider.
Investors looking to safeguard their investments should go for reliable and reputable trading robots. With the best forex trading robots, earning a realistic profit margin is possible.
Suisse Trading is a scam platform whose developers seem to be professionals cam artists. They give no details as to where they are located or under which company. And this leaves investors guessing on who is held responsible. Several victims have come out outraged with the turn of events. The guaranteed profit margin is not realized and most of them end up purchasing a nonexistent service.
Assets covered by the signal provider
What the platform lacks is information regarding the full services offered. Investors are signing up with a platform that claims to offer the best in terms of copy trading. Signals provided by the broker are inaccurate and seem to be delayed. Another problem with the signals is the lack of clear information on the asset type. Investors should already know what the signals are covering in the form of asset types. Do the signals cover major, minor, or exotic currency pairs? They just claim to work with Forex, indices, and metals.
Business owner
There is no sign that the platform will offer any information regarding the programmer. Information on the developer or people behind the robot remains unknown. And this is why investors lose their funds as they buy products from unknown persons. It is what professional scam artists do to avoid any jail time. They ensure that users buy a product that is not reliable and thus, no way of tracking them. Stay away from anonymous products and services as they spell doom to investors.
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Comments and feedback from clients
The comment and feedback from members so far point to a platform that is not a genuine signal provider. Most of the clients are alarmed by how inaccurate these signals are. They have posted scathing comments on online trading forums. On their part, these scam artists have countered by hiring freelancers. These freelancers will post positive comments and posts to try and balance the field. It is why no one should trust any positive review about this signal provider.
Domain Details
One of the ways of ensuring that a signal provider is clean is by looking at their domain history. Records show that the site went live on 21st March 2019. It means the site is barely two years old in the industry. There is evidence to suggest that the site has been changing ownership for a while. The IP changes on the website cannot be ignored. It seems the changes were done four times in the last 10 years.
Features of Suisse Trading
The signal provider claims to offer one to two fee signals to members. Users have to use MT4 trading software to get the full services of their copy trader services. The currency on copy trader is Gold with no other asset involved. They claim to have 89 percent accuracy which is high enough to get attraction from all investors. The problem with their accuracy levels is that the developer does not provide any results. What looks like a genuine trading platform is nothing but a scam waiting to pounce on naïve investors.
Is Suisse Trading Licensed or Registered?
Suisse Trading is NOT licensed or registered to offer any trading services to investors. If they did have a valid license, they would have posted for all to see. Without a valid trading license, it means the deposits made don’t get any insurance cover. And this is why no one should sign up with this ridiculous trading platform. The investor will be at a loss as there are no money-back guarantees on the platform. Whoever signs up and buys the signals will not get any compensation in case of insolvency.
They also do not provide any information regarding the license of their product. And this is a well-calculated move by these scam artists. They want investors guessing which regulator is behind the website. All we know is that there is no regulator in the world that will license such a product.
Restrictions of Suisse Trading
Account Plans
Suisse Trading is offering two account plans to investors, free and VIP account plan. The VIP account plan goes for $19 per month. There is a trial VIP version where investors must also pay $14.95 for it. It is the first time we see a signal provider charging for a trial version. Copy-trading also comes with two plans, monthly and yearly. The monthly account goes for $45 and the yearly subscription is $189. Each of these accounts comes with unlimited trading signals and lifetime updates.
Contact and Support
One should notice that the website does not have a chat service. On their contact page, users should give their full names and email. They will be contacted once the support gets the message. And this proves that the support team is inefficient. A true signal provider should offer better communication channels to users. Members are left stranded after sending an email and waiting for a response that is not forthcoming.
Results and Trading Strategy
There is no way such a platform can offer verifiable trading results as it is false. The service provider does not upload any records on FX Blue or myfxbook for verification. No one should trust their high accuracy levels as there is no proof of it. There is no member who has come out and provided evidence of profiting from the signals. It is why smart investors should ignore any promotion gimmick from the platform.
Safety of funds with Suisse Trading
The security of funds is not a guarantee with a platform with anonymous characteristics. There is no one that has received any money-back from the service provider. And this points to a platform that is taking all and giving users no chance of profiting. Stay away from it as it will lead users to risky trading habits. Stay away from the signal provider as they provide no accurate information on their signals.
Scam or Legit Suisse Trading
Suisse Trading is a scam that must be exposed by all parties. The scam is stealing from investors by promising heaven and delivering hell. There is no investor who has profited from using their signals. Warn your loved ones on the risks of using or buying their signals.
Verdict
We have no other option but to add this to our blacklist to ensure our readers know the risks.
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Scythian
December 11, 2020 @ 9:09 pm
Simple SCAM. They are just playing with the pip numbers but in real they’ll generate huge loss for you with a garbage risk-reward ration. Only one lost position and you need at least 10 winning positions. Stay away!
Antonio Marsi
January 18, 2021 @ 9:03 pm
SCAM SCAM SCAM, SIMPLY TERRIBLE I LOST LOTS OF MONEY WITH THEIR NOT RELIABLE SIGNALS. BEWARE!!! REPORTS ARE TOTALLY FALSE!!!
Nikola Isailovic
July 7, 2021 @ 1:46 am
I really dont think it is a scam, i’ve been testing free signals on demo acc almost six weeks, and i ve had only 4 losing signals, and i ve grow small demo acc from 200 usd to 472 at the moment, you can send me email if you want pictures or you want me to record my trades. crazypanda196@outlook.com
Dimityr Ivanov
May 15, 2022 @ 7:12 am
Suisse Trading are scammers. They offer to “invest” $ 500 or more in their PBS (profit base system). After you send the money, they say that the price of bitcoin has dropped and they have received less money. And they want you to send the same amount once again to “release” the down payment and so lie naive “investors” to infinity. Don’t trust them because they are scammers. I figured it out the hard way after I lost my money.
Dima
June 7, 2022 @ 6:44 pm
Hi, I had the same situation as you. I want to ask you if there is a way to get your money back