SwiftTradeFX is an unlicensed broker which fails to prove its trading history. The scam platform is interested in luring naive investors into joining the website. Invest with the best crypto trading companies in the market to avoid making huge losses.
SwiftTradeFX is an investment company that allegedly claims to be the most reliable venture. They are dealing with Binary Option and BTC. The broker assures those that will join them an opportunity to generate money.
The money-making machine starts yielding high returns immediately. The company states that its investment services are managed by a highly skilled team. Unfortunately, they fail to credit them. The firm is not transparent and they are bluffing about having a responsive team.
SwiftTradeFX also claims it run ICO for new digital currency. The process is allegedly earning investors over 160% profits within a year. The returns are mind-blowing but unattainable. Making money in the online sector is not as easy as these scammers put it.
Additionally, the platform states its website is unique from all other ventures in the market. You can trade with ease as you boast your trading activity. Binary Options have been banned in several countries due to the risks associated with them.
Therefore, it is good to know what you are getting yourself into. Additionally, cryptocurrency investment is not a get-rich-quick scheme. You need to acquire the appropriate skills before depositing your hard-earned money.
The suspicious entity has five investment accounts available to their clients. The least amount of funds that you can deposit is $500. The amount is very high considering their services in question. You will only lose access to your money since this scam has nothing to offer.
Moreover, SwiftTradeFX also has a deposit bonus for their clients. Note that this is a marketing strategy for the Ponzi scheme to win over sales. The 20% up to 100% bonus is not withdrawable until you meet a certain trading limit.
Additionally, this entity presents false information. Fraudsters do anything in their power to attract more audiences. The reality is you will never receive the funds that you deposit or the profits the company promise.
Instead of venturing with SwiftTradeFX try out these best crypto trading platforms in the market. They are reputable and licensed by the government. Therefore, your security is guaranteed. You will sleep peacefully and trade with confidence.
The company also fails to provide its trading results to the public. Therefore, their claims of being a profitable entity are unverified. There are several reliable firms that you can use to earn passive income. Unfortunately, this scam is not one of them.
How Does SwiftTradeFX Operate?
The company is a pyramid scheme that collects funds from one client and pays their pioneer customers. The broker might pay in the initial stage. However, the fact remain that the process is not sustainable. They will not be able to process the cash-out requests once there are no more investors signing up. The activities like mining, and trading that SwiftTradeFX claims to be conducting are false. Avoid this broker and look for a better alternative.
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The entity features its team on its website. The list is long but there is a problem. The qualification that they pose is not highlighted. Additionally, this venture uses stock images. The people they present have nothing to do with SwiftTradeFX.
It shows the character of this venture. Avoid trading with this fraud. They only care about their greedy needs. Anonymous firms are very dangerous. Once they exit the industry nobody will be held accountable. You will be left to count your losses.
SwiftTradeFX is an entity that brags it is operating as per the requirement of various governments. The company is allegedly licensed in Japan, the EU, South Africa, and Australia. We suspect that this is their targeted audience.
Unfortunately, after checking in the database of this entity we found that they are not regulated. A company that is capable of displaying false information is not worth your trust. It is a great offense faking their legitimacy.
SwiftTradeFX is untrustworthy and only after investor’s funds. Cryptocurrency cannot be controlled by any government in the globe. Nonetheless, various regulatory bodies are on the lookout for their citizens.
Therefore, they enforce strict rules to ensure fund safety is observed. Investors need to stick with licensed entities. You stand a chance of being compensated in case of unfavorable scenarios. Additionally, you will get assurance that the broker you are dealing with will be in the market.
Contact Details and Customer Support
SwiftTradeFX is an entity that is operating in full anonymity. They do not disclose their actual location. We wonder what the platform is so determined to hide. The company expects its clients to share their personal data yet they cannot do the same.
Additionally, the firm has a telephone number with a code from the UK. However, they are not in the database of the FCA. The broker is based in an offshore area. Moreover, the payment method that the entity is using raises more suspicion.
SwiftTradeFX uses mobile payment and cryptocurrency. This does not allow investors to issue a chargeback. You cannot know the person who receives the payment. It is an ideal method for scammers.
The customer support of a fraudulent entity is unprofessional and rude. In most cases, they do not respond to the calls of their clients. Once you deposit funds you lose access to your money. We do not recommend investors use this venture.
SwiftTradeFX is decorated with multiple clients’ reviews. Investors claim that they thought binary trading was a scam until they came across this broker. The company is being praised for paying out returns in time.
They claim that if you want to transform your life this is the best platform. The testimonials insinuate that the entity is registered. Sadly, registration documents do not mean anything. You should be looking for regulatory documents instead.
SwiftTradeFX is a waste of time. They also display a number of companies that it has partnered with. This includes; Bitcrash, Lily’s Flowers, Coinbetis, LoosCoin, and Archlinux. Unfortunately, the information is also false.
The entity is using stock images. If you pay attention you will realize that there is not a single negative review. It is not every broker that is a cup of tea for every investor. Additionally, it is not possible to only generate profits throughout the year.
The Domain Insight
SwiftTradeFX is still a green investment company that will not last long in the market. The broker was established in February 2021. It targets being in the market for a period of one year. The domain is privately registered. Their traffic shows the broker has not been able to meet a high audience.
SwiftTradeFX is a suspicious broker that is not licensed in the world. Additionally, the platform does not have a trading history. Engaging with this dirty scheme will leave a dent in your pocket. The ICO which this broker claims to be conducting is also fake.
They fail to disclose the digital currencies they are launching. Therefore, it only raises more suspicion. The broker is using crypto to hide their dirty schemes. They are collecting funds from investors without meeting the requirements.
Invest with a legit crypto trading company that is reliable and transparent. You will earn passive income without putting yourself at much risk. Additionally, you will have peace of mind. Stay away from brokers that only care about enriching themselves.