Swiss Market Index

Information about Swiss Market Index

The company Swiss Market Index chose a name associated with the largest Swiss stock index. Currently, the broker has Swiss origins and is based in Zurich: Giessereihalle, Giessereistrasse, 18. The company also has a branch in Moscow, at Presnenskaya naberezhnaya, 2. Contact phone numbers 41435500561 and +74999900146, as well as email support@swissmarketindex.com are available. The website provides a feedback form.

Swiss Market Index started its operations in 1984, but the domain was officially registered only in 2019. The company claims to have clients from 178 countries around the world.

The parent company of the project is Axelrod Holding Limited, and financial execution is carried out through J INVESTMENT FZE. The financial activity license was issued by J INVESTMENT FZE under number 283750, despite the fact that the original document was obtained from the parent company.

Trading Conditions of Swiss Market Index

Customers are offered five account options. There is also the possibility of account management. The main services include 24/7 support, educational materials, and daily market reviews.

• Basic Account. Minimum deposit $250. Basic set of services.
• Classic Account. Starting deposit $1000. Additionally, webinars and daily analysis are provided.
• Gold Account. Initial contribution starting from $5000. Personal manager support.
• Platinum Account. Minimum deposit $10,000. Conditions of the previous tariff + individual trading strategy.
• VIP Account. By replenishing the balance with $50,000, traders receive all the benefits of the platinum account, as well as a personal mentor and exclusive positions.

Trading Terminal and Robot of Swiss Market Index

The company’s trading terminal is SMI Trading. Information about it on the website is limited, but it is known to provide access to 80 indicators and a system for testing algorithms.

Swiss Market Index also offers its own trading robot, which, according to the company, ensures a 95% success rate in transactions. Details of the algorithm operation are not disclosed.

Deposit and Withdrawal of Funds

Information on transaction methods and possible commissions is not presented clearly enough. It is important to understand the fund withdrawal process from Swiss Market Index, as this is a critically important aspect. For additional information, it is recommended to study the client agreement and other documents, as well as read real reviews about the broker.

Conclusion

Swiss Market Index has its advantages and disadvantages. Among the advantages are the Swiss origin of the company, the presence of a license, and representations in different countries, as well as a relatively low minimum deposit. Among the disadvantages are some confusion with licensing and insufficient informativeness in some aspects on the website.