Betterswiss Review: Protect Yourself from Potential Risks
Is Betterswiss a Trustworthy Broker?
Betterswiss may appear to provide good investment prospects. You might have come across individuals suggesting it in emails, chat forums, forums, or social media. But is it a regulated and safe broker? Let’s uncover the truth.
Since Betterswiss is unregulated by any recognized financial organization, it is not a trustworthy broker. The Swiss Financial Market Supervisory Authority (FINMA) has issued an official warning against this broker, which is a serious red flag. We would advise against creating an account with Betterswiss based on the information that is currently available.
Betterswiss Broker Overview
- Website: https://www.better-swiss.com/
- Website Availability: Yes
- Address: Walchestrasse 9, 8006 Zürich
- Warning Notices: Swiss Financial Market Supervisory Authority (Switzerland) – (FINMA)
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
Regulatory Concerns
No Valid License
As per our check, Betterswiss has no legitimate regulatory license right now. Therefore, no watchdog is keeping the company in check. Your investments are left without protection and open to any misfortune.
Warning from FINMA
FINMA has publicly warned about Betterswiss, indicating that the broker could be providing unauthorized financial services. This badly hurts the reputation of the broker.
What Customer Reviews Say
- The broker is rated 3.6 on Trustpilot, which is rated average.
- Most of the reviews are, however, negative, particularly regarding withdrawal problems and the absence of support.
- More negative comments exist on third-party review websites such as reviews.io, which show ongoing issues.
Even with a good rating, the real experiences users have posted are quite different.
Website and Transparency
The broker’s website (better-swiss.com) is still accessible but lacks key information, including full ownership details, physical address, and phone support. This lack of transparency is another concern.
Final Words
This Betterswiss review highlights clearly that the broker is not regulated properly, has been warned by FINMA, and is connected with negative user feedback. These are all good reasons to avoid them.
In this Betterswiss review, we’ve highlighted the key issues that make this broker a high-risk platform. It’s best to avoid unregulated brokers and choose ones licensed by well-known financial authorities.
Take Informed Action
If you are a victim of Betterswiss or another broker scam, then take action. Contact us for a free consultation to find out more about your options and start the recovery process.
Remember, at Lycan Retrieve, we build trust, recover losses, and deliver results. Allow us to assist you in receiving your money back.
Contact us right now to safeguard your future and take back financial control.
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