Swiss KMS Review – Can’t Decide Which Country They’re Stealing From

There’s not much going on on the website of this alleged forex brokerage. It’s as cheap as they get, with multiple non-functional features and an amazing number of grammar and spelling errors, especially coming from a company that claims to operate from the UK.

The swindlers are really trying hard to sell you their “Swiss” corporate identity, so how come they don’t have a branch office in that nation? This, and many other problems will be revealed in our Swiss KMS review.

Broker status:	Unregulated Broker
Regulated by:	No License
Operating Status:	Active Online Trading Sham
Known Websites:	swisskms.com
Blacklisted as a Scam by:	CNMV
Owner:	“Swiss KMS Coorporation”
Headquarters Country:	UK / Germany (alleged)
Foundation Year:	2023
Online Trading Platforms:	KMS Web Trader
Mobile Trading:	Not available – only via web
Minimum Deposit:	€ 5,000
Deposit Bonus:	Up to 25%
CFD Trading Option:	Available
Crypto Asset Trading:	Yes – BTC, ETH, XRP, ADA
Available Trading Instruments:	Forex, Cryptocurrencies, Indices, Commodities, Stocks, Metals
Maximum Leverage:	1:300
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US clients are not accepted
Global Fraud Protection Experts’ Verdict:	Do not invest with this firm. Contact our experts for help with asset recovery.

Failed Clone

The Swiss KMS broker tries to sell a story about being headquartered in the UK and Germany. The owning company of the website is allegedly a CNMV regulated entity – SWISS RE CAPITAL MARKETS EUROPE S.A. However, another name is mentioned – Swiss KMS Corporation and this one doesn’t exist anywhere.

Considering that the firm doesn’t have licenses from FCA and BaFin, and is in no way related to the reputable company, they’re clearly a fraud. What confirms all our doubts about their legal status is the CNMV warning published recently.

You can be sure that trading on illicit platforms brings no profit, especially because of the absence of segregated accounts and negative balance insurance. Another company with a dubious reputation and legal background is All Trading Europe 26, so please avoid investing there, too.

Most Affected Areas

The company claims to have been in business for over 10 years, yet their website was only launched in July 2023. This explains why there are no Swiss KMS reviews on popular platforms like TrustPilot, despite the fraudsters bragging about “excellent international reputation“.

The scheme mostly targets people from this nation:

• Spain
• Colombia
• Chile

Money invested with this company is not safe. Contact our legal experts to start a recovery procedure.

Fraudulent Operation Explained

To make the scheme work, this company overlaps two separate strategies when searching for victims. The company runs a fraudulent call center, called a boiler room, to find new marks.

The people working for them, boiler room agents, use a predetermined script to persuade their victims into investing. This is the same tactic Pubori, another faux broker, uses. Additionally, this self-proclaimed broker runs a financial pyramid, encouraging the people they’re already robbing to bring their friends and families to the platform.

This is not where the deceit ends, since the Swiss KMS AnyDesk download will let their agents take remote control over your computer. With it, the swindlers can clear out your bank accounts just by using the data you have stored in your computer!

Making Money: Is it Possible?

At a glance, the web trading terminal which allows employing the copy-trading feature may seem like a good technological solution to Forex novices. However, do not be fooled by the false advertising.

These overly simplistic web terminals, devoid of any advanced features and true reliability, cannot help you accumulate profit. The biggest risk you take upon yourself when accessing it through your Swiss KMS login is the fact that the vast majority of web terminals are heavily manipulated by the cons to speed up your financial disaster.

What Instruments are Traded

These are some of the major instruments included in the offer:

• Forex – EUR/USD, USD/CHF, EUR/GBP
• Crypto – BTC, ETH, ADA, DOT
• Indices – FTSE, DOW JONES, NASDAQ
• Commodities – Coffee, Cotton, Sugar
• Stocks – Disney, Nvidia, BMW
• Metals – Silver, Gold, Copper

Accounts Claim Something Else

High bonuses, low risks, astronomical and totally unrealistic ROI is what every Swiss KMS account offers. At first described as feature-rich and able to cater to every trader’s needs, these attractive packages are unfortunately, anything but realistic.

Take a look at these unbelievable percentages:

• Bronze – € 5,000 – ROI 34% per month
• Silver – € 10,000 – ROI 38%
• Gold – € 25,000 – ROI 42%
• Platinum – € 50,000 – ROI 52%
• Diamond – € 150,000 – ROI 60%
• Pro – € 250,000 – ROI 75%

Untransparent Trading Costs

Starting leverage with this brokerage is already on the EEA legal maximum with 1:30. It goes higher, though, all the way up to 1:300, further solidifying proof that the company is operating in an illegal capacity.

Not much else is said about the trading costs on the site, however. You can bet on this broker inventing all sorts of hidden up-front fees, as there is simply no Terms and Conditions document on the website.

The only thing that is explicitly stated is a commission ranging from 6%, which is already high, to a total ripoff of 10%. Additionally, a 10% dormancy fee is applied to inactive accounts.

Non-Withdrawable Bonus

Insane cash incentives advertised on this site range from € 3.000 to € 250.000. The other part of the site claims this to be 10% to 25%. Now, bear in mind that the Swiss KMS bonus is nothing but a bait anyway that will lead you into loss.

Legal docs don’t exist and do not clarify the withdrawal terms of these rewards, so be sure these are just excuses fraudsters use to deny your payouts.

Credit Cards Compromised

To be eligible for a Swiss KMS withdrawal, every customer first has to share their credit card information. This is extremely risky to do, considering how easily the swindlers can access your funds and empty your bank account in a matter of minutes.

Having in mind this Forex dealer’s illicit status, lack of legal papers and no transparency with monetary transactions, we advise you to stay away from this platform as a whole.

Scammed? We Can Help You!

Everything about this firm is a total sham. Their website and trading platforms are purpose-built to defraud you for money.

Companies like the Swiss KMS scam are not a safe place to invest in. Recovering the assets is tricky business, and requires professional help. Book a free consultation with our experts to learn more about getting your money back. We are available 24/7 via the live chat.