7 Relentless Exposures That Reveal FXTSwiss as a Crypto Scam Threat
1. CFTC RED List Flags FXTSwiss — Operating Unregistered in U.S. Markets
FXTSwiss appears on the U.S. Commodity Futures Trading Commission’s RED List under the category “Over-the-Counter Foreign Exchange Trading / Digital Assets.” The CFTC states that FXTSwiss is soliciting U.S. customers in trading products that require registration — yet it is not registered. That status is a major red flag: it means your protections under U.S. law are virtually non-existent.
2. BrokerChooser Rejects It — “We Wouldn’t Trust Their Money There”
BrokerChooser, a leading broker safety platform, explicitly warns against FXTSwiss. Their analysis states that FXTSwiss is not regulated by any top-tier regulator, and as such they would not entrust it with their own funds. The absence of strong regulation means there’s little accountability if things go wrong.
3. Many Reviews Say It Has Ceased Operations & Stopped Returning Funds
TradersUnion’s review claims that FXTSwiss has ceased operations and failed to return client funds. According to their report, the broker lacked any valid brokerage license, and in recent months many clients say their withdrawal requests were ignored entirely.
4. Forex Peace Army Warns: Unauthorized, On FINMA’s Warning Lists
Forex Peace Army’s profile for FXTSwiss warns readers that it is listed on FINMA’s warning list—meaning Swiss regulators consider it an unauthorized entity. Even though its website remains accessible, FPA notes that the account opening function no longer works.
5. Broker Analytics Label It “Not Regulated” with Risky Features
RatingFX’s review states FXTSwiss is not regulated. It lists the broker’s minimum deposit as $200, leverage up to 1:400, fixed spreads from 1 pip, and support for MT4. But all that is under the shadow of lacking oversight and high risk of misconduct.
6. Trustpilot Reviews: Low Score, Accusations of Fraud & Opaque Behavior
On Trustpilot, FXTSwiss holds a 2.9/5 rating based on just 2 reviews. One user bluntly calls the company “fraudulent and not transparent.” Another claims they recovered a large sum with external help after the company failed to act. These low volumes and harsh tone suggest serious distrust among actual users.
7. Marketing Claims vs. Reality — Discrepancies Explored
On its own site, FXTSwiss claims to be “regulated broker since 1995,” offering segregated funds, capital protection up to $5 million, and guaranteed 48-hour withdrawals.
But these claims conflict with the evidence: no credible regulator acknowledges oversight, many users report failed withdrawals or silent shutdown. Its promotional material rings hollow in comparison to the overwhelmingly negative real experiences. The promises of high leverage, bonus offers, and unlimited instruments become traps once the broker is unmappable in regulation.
Conclusion — FXTSwiss Is Not a Safe Broker, It Is a Crypto Scam Target
FXTSwiss is built on contradictions and risk illusions. On paper, it presents a polished, legitimately regulated broker. In practice, regulatory bodies, user reports, and watchdog platforms all mark it as untrustworthy.
Its appearance on the CFTC RED List is not a minor oversight — it’s a formal warning about its U.S. operations. BrokerChooser’s blunt rejection, TradersUnion’s claim of shutdown, and FPA’s warnings about FINMA-era listings all point to one truth: FXTSwiss is structurally unsafe. The fact that some of its marketing claims still operate is typical of scam brokers that maintain a façade while operations collapse behind the scenes.
If you ever deposited funds with FXTSwiss, it must now be treated as a crypto reclaim mission. Here are steps to follow:
- Immediately document every transaction: wallet addresses, receipts, screenshots, communications
- File complaints with financial regulators in your jurisdiction and with U.S. agencies (if applicable)
- Attempt a small withdrawal request and note the response
- Avoid making further deposits under any excuse of “reactivation,” “tax fees,” or “bonus matching”
- Share your experience on forums, complaint boards, and public channels to pressure visibility
Do not hope for good faith in FXTSwiss — trust no promise without verifiable proof. In crypto trading, your broker is supposed to protect your exit as well as your entry. FXTSwiss fails that accountability test. Always assume your capital is at risk until proven otherwise.
