The Swiss FINMA Added Coinswap into Its Warning On 30 Nov 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Coinswap was not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/coinswap-fm/

BrokersView has Reviewed that Coinswap is an Unregulated Forex Broker Coinswap claims to be a licensed broker in Switzerland without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Coinswap was not entered in commercial register.The truth is that Coinswap is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.