SWISS MARKET INDEX review. How great is this broker on a scale of 1 – 100?

In this SWISS MARKET INDEX review, we will judge the company on a scale from 1 to 100 by the following factors:

• How old is the SWISS MARKET INDEX?
• Safety of funds.
• Trading platform.
• Trading tools.
• Commissions and fees.
• Education.
• Trading accounts.
• Deposit and withdrawal of funds.
• Trader reviews.
• Customer service.

Each one of the categories will get graded from 1 to 10.

In the end, we will judge SWISS MARKET INDEX overall and give it a score of 10 to 100.

SWISS MARKET INDEX review. How old is the broker?

Let’s start this SWISS MARKET INDEX review with the basics. This broker has been providing services for cryptocurrency and CFD trading since 2013. It’s nine years already. The SWISS MARKET INDEX office is in the UK. You can find the exact address on the SWISS MARKET INDEX website smitrade.com. 

So the company has been around for a long time already, and it’s definitely not new. SWISS MARKET INDEX earned a good reputation among traders. People from many different countries have SWISS MARKET INDEX trading accounts.

How old is SWISS MARKET INDEX gets a score of – 9/10

Safety of funds

SWISS MARKET INDEX is very transparent in its policies. Therefore, you don’t have to worry about your money. The SWISS MARKET INDEX website is secure and protected with the latest tech to keep your funds safe. The methods of funding deposits and making withdrawals are secure and encrypted.

Safety of funds gets a score of – 10/10

Trading platforms

SWISS MARKET INDEX offers two trading platforms: 

• Web Trader. This platform has everything traders need to make a profit. It’s innovative and easy to use. The web trading terminal is an online platform that you can use directly from the SWISS MARKET INDEX website. Without the need to download or install anything on your device. You can also use this platform on mobile devices. 
• Mobile Trader. The mobile platform is very convenient because traders always have the option to place their orders anytime they want. They know they will not miss any opportunity.

Trading platforms get a score of 9/10

Trading tools

SWISS MARKET INDEX offers a wide range of indicators on their trading platform that you can use.

Here is a list of some indicators that you can use:

• Moving average (MA)
• Exponential moving average (EMA)
• Stochastic oscillator.
• Moving average convergence divergence (MACD)
• Bollinger bands.
• Relative strength index (RSI)
• Fibonacci retracement.
• Ichimoku cloud.
• And many others

Trading tools gets a score of – 9/10

Commissions and fees:

SWISS MARKET INDEX has very transparent commission policies. The same thing goes regarding trading fees. You can ask the broker for a list of commissions and fees, and you will see there will be nothing hidden. So you know in advance how much SWISS MARKET INDEX will charge.

Also, it’s important to note that the SWISS MARKET INDEX commissions and fees are low compared to other brokers. So it will be easier for you to make money, and your trading deposit will grow faster.

Commissions and fees get a score of – 9/10 

SWISS MARKET INDEX review. Education

SWISS MARKET INDEX provides private training for traders. When you open a trading account with SWISS MARKET INDEX, you get a personal account manager to help you start your new life as a trader. To learn how to make a profit, we suggest you visit all the SWISS MARKET INDEX lessons.

Education gets a score of – 9/10

SWISS MARKET INDEX review: Trading accounts

SWISS MARKET INDEX offers four trading account types. Each account has its own perks.

Bronze: 

• Starts from 250 Euro
• Max leverage 1 – 100
• Maximum total trade size – 5
• Maximum simultaneous open orders – 150

Silver: 

• Starts from 2,500 Euro
• Max leverage 1 – 200
• Maximum total trade size – 60
• Maximum simultaneous open orders – 300

Gold: 

• Starts from 25,000 Euro
• Max leverage – on request
• Maximum total trade size – 80
• Maximum simultaneous open orders – 400

Platinum: 

• Starts from 100,000 Euro
• Max leverage – on request
• Maximum total trade size – 80
• Maximum simultaneous open orders – 400

Trading accounts get a score of – 8/10

Deposit and withdrawal

These are methods you can use to make a deposit and withdraw your funds:

1. Credit card (Visa or Mastercard)
2. Bank transfer (Make sure that bank account and cards are in your name)
3. Other options such as Payeer, PayBis, Binance, and Bitnovo.

Not many brokers provide so many different options that work instantly. That definitely makes SWISS MARKET INDEX one of the best in the field.

Deposit and withdrawal get a score of – 9/10

Traders about SWISS MARKET INDEX

SWISS MARKET INDEX has a good reputation among traders. More and more people open trading accounts with this broker because they hear about many traders who make money working withs with SWISS MARKET INDEX. 

We found only positive reviews of SWISS MARKET INDEX on the internet. A few negative reviews were all about the Know Your Client policy when traders refused to verify their trading accounts. They complained that SWISS MARKET INDEX didn’t give them access to the stock market.

Trader reviews get a score of – 10/10

Customer service

SWISS MARKET INDEX provides excellent customer service. These are ways you can reach the SWISS MARKET INDEX customer service:

• By phone
• Email
• Contact on the website
• Personal account manager

If you talk with the SWISS MARKET INDEX clients, you often hear the names of the broker’s specialists who help traders make money: Kostautinos Oikonomou, Maria Former, Alexandros Stavrou, Thali Chryssikou, Marcel Moreli, Lidia Treiber, Vanesa Lopez, Sara Green.

Customer service gets a score of – 10/10

SWISS MARKET INDEX review final score: 92/100

To summarize our SWISS MARKET INDEX review, let’s look at the results. SWISS MARKET INDEX scored on each of the sections:

• How old is the broker – 9
• Safety of funds – 10
• Trading platform – 9
• Trading tools – 9
• Commissions and fees – 9
• Education – 9
• Trading accounts – 8
• Deposit and withdrawal of funds – 9
• Trader reviews – 10
• Customer service – 10

Overall the broker has a score of 92, which is excellent. 

So if you are interested in trading cryptocurrency and CFD, we highly recommend this broker. To open a trading account with SWISS MARKET INDEX, use this link: https://smitrade.com/