Actaswiss Review – No Amount of False Reviews Can Save Them Now

The Actaswiss scam was a short-lived one. After regulatory warnings started flying around, these miscreants knew it was best for them to just run for it. So, as any other textbook fraud, these alleged Forex veterans and investment professionals have shut down their site and disappeared with stolen deposits.

If you read the remainder of this Actaswiss review, you will find out what to do to track down this con scheme and get your stolen funds back.

Broker status:	Unregulated Broker
Regulated by:	No license
Operating Status:	Inactive online trading sham
Known Websites:	actaswiss.com – inactive
Blacklisted as a Scam by:	CySEC, FSA, FI, FMA, AFM, IOSCO
Owner:	ActaSwissSEY
Headquarters Country:	Cyprus (alleged)
Foundation Year:	January 2024
Online Trading Platforms:	Web trader
Mobile Trading:	No
Minimum Deposit:	N/A
Deposit Bonus:	Hinted but undisclosed
CFD Trading Option:	Yes
Crypto Asset Trading:	Yes (BTC, ETH, LTC)
Available Trading Instruments:	Forex, Crypto, Indices, Metals, Commodities, Energies
Maximum Leverage:	1:500
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	No
Global Fraud Protection Experts’ Verdict:	Blacklisted firms shouldn’t be trusted as a broker partner!

Not Respecting any Law

The Actaswiss broker claimed to operate from the heart of a Tier 1 regulatory zone – Cyprus. CySEC is the regulatory body overseeing the market participants in that country, yet they had never issued these miscreants a license. If anything, this same authority has placed this site on a list of unapproved domains offering crypto assets for trading.

That is not the only public warning this shady firm has collected. Among the first to point out fraudulent activities going on there was FSA (Seychelles). The authority published an extensive paper on how ActaSwissSEY claimed to be regulated in this country, although they were not. Other regulatory watchdogs warning of the fraudulent operations conducted by this broker were FMA, AFM, FI and IOSCO.

Falsified Ratings

It is not uncommon for the desperate financial swindlers to attempt to attract the attention of their targets by posting false reviews. These have the goal to impress potential future victims and make them believe that they would be buying genuine service.

According to the information seen on several review sites like Trustpilot, Sitejabber and Review.io, it is evident that misleading and deception through Actaswiss reviews was this con’s main tool. Negative reviews seem far more honest and openly display users’ anguish and despair over losing their entire life savings to this illicit campaign.

False Advertising at its Best

Only the best, fastest, superior and most lucrative trading conditions and investment tools were promised on the Actaswiss platform. Targets contacted by pushy boiler room operators were manipulated by the sweet talk and promises of quick wealth.

Those that have taken the bait have invested and lost thousands, without any chance for compensation without professional support. That is why we recommend all victims of the sham to contact our legal advisors that can help you recover the lost investment.

Not Long-Lasting

This domain must have achieved some kind of record for the time they managed to be blacklisted and shut down right after being launched. Registered in January 2024, the website is already down. Despite their short-lived career these cyber criminals still managed to defraud quite a number of people, including traders from these countries:

• Austria
• Switzerland
• United Kingdom
• Germany
• Italy

If you still have funds stuck on this inactive brokerage site, make sure you contact our recovery agents that can help you locate and take your cash back from the hands of the tricksters.

Altered Platform Data

In order to make their targets believe they’re making money, the Actaswiss app owners made sure the data inside the platform was manipulated in such a way that would motivate the clientele to invest.

This is a common scam strategy employed by countless cyber criminals that are desperate for any method that would help the money extortion. Simplistic and inaccurate web terminals are not reliable trading software, so make sure you avoid trading in such an environment.

Poor Selection of Instruments

Despite whatever the unscrupulous site used to claim, not many instruments were available for buying and selling at all.

According to the web presentation itself, just about 200 tradable assets were provided. What’s more, considering that the entire scheme was a fraudulent set up, no real profit was made anyway. Here’s what financial products were advertised:

• Forex – USD/EUR, USD/GBP, EUR/JPY
• Crypto – BTC, BCH, XRP
• Indices – FTSE 100, DAX 30, S&P 500
• Metals – Gold, Silver
• Commodities – Cotton, Sugar, Coffee
• Energies – Oil, N. Gas

Unclear Deposit Requirements

Right after creating an Actaswiss login, users were prompted to deposit real cash. However, they weren’t allowed to do that on their own. Fraudsters like AE Global Link, purposely conceal the costs of packages to force clients to contact scam agents.

These account managers have to be contacted via phone and then these manipulators would try to convince clients to invest large sums. That’s why the website doesn’t clarify what is the minimum investment needed to purchase any of the accounts.

Here’s what packages were available:

• Bronze
• Silver
• Gold
• Premium
• Platinum

Low Costs Promised

No other information was given on the real prices of the services except spreads that were allegedly the lowest in the industry, starting from 0.0 pips on FX pairs. Leverage on the other hand was as high as 1:500, because the firm was not following any legal directive that would force them to limit the leverage.

While victims of the sham report about being forced to pay advance fees in order to withdraw anything just like with YoBitPro, no such information was available on the site.

Zero Profit Made

This financial scam didn’t allow anyone to make money, no matter if the platform made it look different. Not a single customer was allowed to make their Actaswiss withdrawal work.

Requests weren’t even processed and were usually rejected before even being considered. The operators of the website simply didn’t plan to let anyone make any money or take their initial deposit back.

Money Stolen! What Now?

Although the Actaswiss website is not functional anymore, there’s still hope for the stolen investments to be taken back. What you need to do as a victim is report the fraud to your local authorities and start a chargeback procedure.

If you’re not well acquainted with what chargeback means or how it’s started, our legal advisors can help you. Contact us at your convenience and book your free consultation.