KapitalSwiss Review (2023)

Is KapitalSwiss a scam or a legit broker?

KapitalSwiss is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any way it wishes.

KapitalSwiss is a social trading and Investing company that offers Forex and CFDs trading. The broker is owned and operated by Orion International Limited. The company claims to be based in Germany, however, they don’t provide any regulatory information, so probably the company is not overseen by any authority. Also, we have checked some details about the company behind the brand name, Orion International Limited, and it turned out the company has been blacklisted by the UK’s Financial Conduct Authority.

“We believe this firm has been providing financial services or products in the UK without our authorisation.”

The terms and conditions on the website state that KapitalSwiss is under the jurisdiction of Cyprus, but we didn’t find any proofs of it in the regulator’s register. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

Broker’s website supports English, Italian and German languages which means the company has been targeting residents of the mentioned countries without being authorised there.

Conclusion

In order to prevent being scammed by such companies as KapitalSwiss, it is better to deal only with reliable and well-regulated entities. For example, those who want to choose a EU-regulated broker should check the lists of the companies regulated by the FCA, FINMA or Cyprus. These agencies have a set of requirements for financial services providers and see to their compliance. They aim to protect clients’ interests and funds. Check the list of the CySEC-regulated brokers here.

KapitalSwiss website is no longer active.