Swifti positions itself as a leading player in the market of CFD services. Meanwhile, the owner of this website does not specify the company’s legal address or any country where it has an official office. Can you trust your money to this financial intermediary? We will review the legal and technical aspects of this platform and conclude the safety of this broker.
How to Trade
Swifti offers users online trading in forex, stocks, indices, cryptocurrency, and commodities. The company guarantees competitive spreads for all types of assets. The broker provides the following services:
- Six trading plans with deposits from $25,000 to $250,000.
- Three tariff plans for VIP program members with deposits from $250,000 and up.
- Personal crypto wallet for digital deposits.
- Referral program with a 10% reward.
The minimum referral amount is $1,000. A client can earn up to $25,000 in Swifti for each referral, which will also receive a 5% bonus after using the referral link.
Swifti also states in the FAQ that the minimum withdrawal amount is $100. However, according to the Guidelines, this amount is limited to 50 USD/EUR/GBP in crypto asset equivalent. The broker offers traders to find the company’s phone number on the “Contacts” page, but there is only a feedback form. The website has a “News” section, which does not contain any articles.
Swifti Vital Info
All we managed to find from the information about the company on the official website is only its email address. The broker is a “global brand that specializes in trading”, it is written in the footer. The “About Us” section is filled with promises of financial success to clients, but in fact, the Swifti administration says nothing about the history of the project, the owners and managers of the company, or the date of its foundation. As for the domain, it appeared in 2004 and was renewed in December 2023.
We can’t claim that the broker is operating illegally, however, many signs indicate this: lack of registration number, legal address, copies of licenses and certificates. We tried to find the firm in the registers of legal entities and thoroughly checked all the lists, but we were unable to find the Swifti brokerage company in any potential country. Maybe such an organization does not exist in the legal field? Why else would owners hide the most important information about themselves from their clients?
I can not say anything bad about this site, it suits me in all parameters - I see mostly only pluses. The terminal is reliable and does not disconnect, there are no glitches and freezes, no problems with the withdrawal of money, all requests are processed stably, you need to pass verification before you start depositing and trading. I do not advise you to trade with a significant amount of money. I had free funds to trade, about 15,000 US dollars, but the point is that I was immediately set up to make a big income from trading. You need to make your economic plan too. I started to realize my idea, i.e. to make a profit from trading in USD/GBP, and EUR/NZD pairs, and I fixed 1-2% almost every day, with minimal losses. Maybe I was lucky, or maybe I learned to analyze the forex market well. Trading is the main source of income for me at the moment. I plan to continue trading at swifti.com.
I didn't like too slow support service, not only is it hard to contact, but they take a long time to think and decide every step. My withdrawal of $695 is still being processed and my application is still under review, and it's been two weeks already. I believe that this is an unprofessional attitude of the company's employees towards their work. I'll change the broker and forget about this company forever after I withdraw all my deposit. I do not advise you to contact Swifti, - choose a reliable broker proven by time and calmly conduct trading activities, without problems and waste of nerves.
Everything is good, except for the difficulties with verification. Is it that the company's security service is inadequate, or is it that I don't understand what they want from me? I didn't listen to my analyst and didn't go through verification as soon as I started working with swifti... Today I need to withdraw some money, but there are constantly some new problems with the documents. I end up uploading copies for five days and all five days different errors appear. Do any of you guys know what these obstacles are? And I'm already starting to worry, because I managed to earn more than 400 dollars in 2 weeks, and now I can't withdraw it. I wrote an angry email, waiting, maybe the managers will answer...
I'm just browsing the site. My colleague trades on swifti, he praises the company as if the owner pays him for it :) But the point is that I do not live too richly, so the entry threshold for me is still unaffordable, and I have almost no experience in trading. In the past, I have already fallen for scammers, and I do not want to get in touch with unreliable guys again :( And in this case, the broker has no license yet. Can such a service be trusted? Are there any current clients here? Can I be calm? So far my answers are negative to all these questions.
I will tell you that the service is mediocre, and the withdrawal terms do not suit me either - within 30 days according to the Rules of the broker. I have to endure constant slippages and requotes, and not everyone can withstand that. Swifti do not want to monitor the state of their software... Support here either ignores your requests or answers inappropriately. And the biggest brazenness is the hidden charges. I started with 3,000 dollars, but the balance started to go to zero in the evenings - managers withdraw 50 or 100 dollars with enviable regularity... and just like that, without explanation. I will have to change this intermediary soon!
My history of interaction with this company began in December 2023, it was recommended to me by a friend from social networks and even persuaded me to deposit 1,500$. I used the service of a personal manager who kept telling me to replenish my deposit. But I spent a lot of nerves with this broker and didn't deposit any more money. Withdrawal of funds at swifti is practically absent. Administrators can transfer 100$, or will not withdraw anything at all on your request, referring to some "order" in their rules. I had more than 1,800$ on my account, and the broker just wrote off all my balance two days ago. Managers thought and decided: "the client is scandalous, and constantly asks for money". I told you all this so that you don't believe anyone about this "reliable" company. I regret both the wasted time on the scam and my money.
Probably this forex broker has no more clients and capital, and therefore in swifti they stopped withdrawing even small amounts, I waited for 230 dollars for a month, but never waited ...
Administrators started asking me for identity documents when trying to withdraw funds. Among them were electricity receipts, which should have my name on them. But I do not live at the official place of registration and all services are not registered to me. And the broker said goodbye to me, but it seems to me that if I had provided these documents, swifti would have asked me for something else. Thus 328 euros are NOT withdrawn!
The broker immediately grabbed almost half of my deposit 800 euros, allegedly for some insurance, but in fact, the owner of the platform put my money in his pocket, I know for sure :( The balance of the deposit also remained on the account in the company, because no one has managed to withdraw anything in swifti yet. In reality, all traders are not satisfied with the cooperation with these scammers :(
I think there's no need to write about depositing, all brokers deposit your money very fast. However, my first withdrawal of profit was also fast, I guess I was lucky that day. Trading is like in a casino, I don't mean the market itself, but the company Swifti. I won't write about spreads, a lot has already been written on the Internet about such modest organizations that don't indicate specific figures in the trading conditions, they don't want to scare clients ahead of time. But this problem is common. And I had the following non-standard situation: I was trading, sometimes I left open trades and one day, launching the terminal, I saw that all the trades I had unfinished were already closed. I wrote to technical support and got the answer that supposedly the server had changed and the operators had closed all the trades. I wrote a client complaint to managers, and they replied that I closed these deals myself through the terminal and that they saw it in the program. Then I called my personal analyst and he too said that I closed them myself through the terminal. However, when he heard that tech support explained to me that this incident was due to a server change, he instructed the manager to find out the details. In the end, the administration replied to me that I was warned by the company's employees, but no notifications came to me! And even if messages arrived, then what? I'd have to close all minus trades??! Thus, apparently, the owners of swifti.com earn their illegal income, changing servers to cover themselves in front of clients. It became clear to me that it is better not to deal with this swindler, because one fine day, you will open the terminal and see again that all deals are closed, and in response you will hear: "you closed them yourself through the terminal and we can see it perfectly!". I lost an insignificant amount - 261$, but this case was a lesson to me, and I hope that my review will also be a lesson to all users that they shouldn't deal with this scam, where administrators open or close trades for you. And then they say "it's your fault".
I have been trading since February of 2023 with different companies and all of them have the same pattern, they promise the heaven and the earth, but i have lost my mobey more than 10 times.
They mislead you, by showing that your money is growing. some time they even allow you to withdraw $20 or $30 dollars, but after that you never recover anything, even your own investment.
When you actually want to withdraw more money from the so called profit, they say that you have to pay money to block chain, FCA, or that you have to have liquidity, they want you to open Any Desk, so they can control your computer, they ask you to open you bank account while they are connected to any desk. all they want is clean your bank account or credit card and then desapear.
If they not regulared or licenced is definetly scam