XM Forex Penguin
XM Forex Penguin


Last Updated: Jun 21, 2021 @ 7:28 pm


SwissCFD is no longer reachable. It has ceased its operation. This broker used the domain SwissCFD.com as its main website. You can see the screenshot above to know how it looked like previously.

What do we know about SwissCFD so far?

After doing some research, we find out some of the info about this broker.

  • The Commissione Nazionale per le Società e la Borsa (CONSOB Italy) issued a warning against SwissCFD (operated by Brown Fox Limited) on 23rd July 2019. The commission has forbidden SwissCFD to offer the investment to the Italian public.
  • Its parent company Brown Fox Limited is registered in Marshall Island and known to have run other scam brokers such as TradesFly, Dax300, EURTrades, and ECNPremium.

Avoid Scammer At All Cost

One of our mission in Forex Penguin is to make sure our readers have sufficient knowledge of the forex brokers. One of the tips is to choose a regulated broker.

If you are new, you can check out the XM no deposit bonus. It gives you a $30 trading bonus. You can use this free deposit to start your trading right away.

Happy trading!

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