Swift FX Equity Review: Swiftfxequity.com a Nasty Company

Swift FX Equity is a broker dealing with stocks, cryptos, binary options, and forex. For starters, binary options are products banned by various agencies. This is because there are high risks involved. 

The trading of options is more like gambling. The price keeps shifting, and it could result in huge losses. You determine whether the price will increase or decrease. If you are dealing with scammers, they can manipulate the data. Indicate that you have lost funds. 

Signing up at Swift FX Equity is easy. You need to provide your personal data to verify the account. We do not recommend sharing such information with anonymous people. You could end up being manipulated to deposit more money. Additionally, con artists can share the info with criminals. Only trustworthy schemes have been in the industry for years.

The broker proclaims it has been in the industry for a long duration. However, this is another false allegation. The data from Whois.com shows the firm was registered in 2020. It is barely a year old. The platform is unreliable, and who knows what else it may be hiding. 

Invest only with the leading crypto trading schemes in the market. You will earn real-time returns. The safety of your money and data is a top priority. Moreover, these are schemes operating by the law. Invest wisely and avoid offshore entities.

Swiftfxequity.com Review

Swift FX Equity claims it offers over 95 crypto assets. The entity assures customers quick access to funds. The withdrawal request is processed swiftly. The platform has a superior trading interface. Nonetheless, we assume this is another ploy to trap in more victims. 

The company thrives by giving false information. Those that fail to double-check the data will lose everything. Normalize performing thorough research on the broker you wish to trade with. If they claim to be profitable, search for trading results. See whether the platform has existing clients reviews.

Swift FX Equity states it sends investors daily market analysis to their emails. There is no proof that the strategy of the company is genuine. It would be best if the company were more accountable. The firm also claims to provide the latest financial news. The people managing the firm's operation have done great work to conceal the murkiness of the broker. 

The company is dedicated to educating its customers. There is a weekly webinar. It is an excellent thing for a platform to cater to the betterment of its customers. However, some of these schemes have sub-standard data that is not beneficial to traders. Others only claim to have a course but never deliver. 

Trading Conditions and Accounts

The platform claims it has excellent trading tools for investors. You can also utilize several trading interfaces. Clients also have the liberty to utilize their trading strategies. They have competitive trading conditions, but you should refrain from engaging with them, considering that the firm is not registered. 

The broker gets its liquidity from leading companies in the world. Unfortunately, this information is unverified. The entity brags it has spread as low as zero pips. Offshore schemes are never generous with the year services. It is most likely that they will be charging hidden commissions to traders.

Swift FX Equity executes a trade in seconds. They also assure traders that they do not engage in price manipulation. To understand how the platform has been performing results need to be availed. The scheme provides equity charts and transactions statistics to gain investors' trust. Sadly, the data is nowhere to be seen. 

The company provides a cTrader interface. Unfortunately, the scheme does not have a trading platform. They are only looking for an opportunity to steal from innocent people. The leverage information is not available. The information of spread is also not there. 

Swift FX Equity Withdrawal and Deposit 

The firm is accepting funds via BTC. However, you will never recover the money once you make a deposit. The company also states it has partnered with reputable schemes. However, this is a false statement. The info regarding the least amount that you can deposit is also missing. 

Scammers tend to ask for more funds based on where traders originate from. Legit companies will display the least amount that traders can cash in. How can you trust a scheme that has no withdrawal information?

The duration for the entity to process the withdrawal request and the minimum amount to cash out is unavailable.

Contact Details and Customer Support

 Swift FX Equity is a venture that claims it has an excellent support team. Investors can reach the entity via live chat or email. The alleged location of the firm is in London. However, this is a randomly generated address. Con artists are smart, and they wouldn’t risk exposing themselves. 

Once you leave your phone number behind, the platform will call. They will convince you to cash in more funds to get better rewards. The problem with offshore entities is they do not survive in the industry. The schemes are exposed after stealing funds, or the authorities list them as illegal schemes. 

Trade with a company you have an assurance it will be there in the future. You also deserve to receive world-class customer support services. Swift FX Equity is also a discrete scheme. We are unaware of the qualification and individuals behind the firm. 

Regulation Status of Swift FX Equity 

The entity claims it has an insurance scheme. It has $1 million in holdings. Various financial agencies require traders to segregate funds in separate accounts. Unfortunately, this scheme fails to disclose the financial watchdog supervising its trading activities. Moreover, the financial institution that the broker is working with is unknown. 

Swift FX Equity does not fall under any financial agency. The platform also states it has over 40 awards. The institutions that awarded the entity the recognition are nowhere to be seen. It is most likely that the people handling traders' funds lack adequate skills. How can you rely on anonymous people to generate high returns?

For all, we know the company can exit the market without notice. They will leave you high and dry. Sadly, the authority will not trace the con artists down. Offshore ventures do not protect investors against negative account balances. Additionally, the risk mitigation measures the entity makes remain unknown. 

Avoid unregulated companies. There are better investment trading platforms that have excellent trading conditions for investors. Swift FX Equity purports it has a license from CySEC and FSA (St Vincent and the Grenadines agency). This is a location that does not regulate online trading services.

Moreover, the company wants clients to believe it hails from the UK. It should be in the database of the FCA. However, the firm is an illegitimate entity that does not have a parent company managing its activities. Moreover, Cyprus financial body has issued a warning against the broker. 

Final Verdict

Swift FX Equity is a shady company. The entity is collecting funds from traders all over the world. The data about where the entity is operating is unavailable. Moreover, we are also in the dark regarding the individuals behind the entity.

Trade only with the best crypto trading companies to be on the safe side. These are transparent and genuine entities. They have survived the volatility in the industry. You can earn real-time returns without worrying about the security of your money.