Swift Trader Review and Website Analysis

Another offshore company running a scam, or a serious broker with an office in Australia? Swift Trader claims to provide “wings of choice” for every trader, but don’t get too excited — too many sweet promises are often a clear sign of a fake. There are almost no reviews online, so let’s take a closer look at this platform. Let’s find out if this is a reliable firm or if they’re just trying to lure us into yet another broker scam.

Brief Overview

• 🖥Official Website: https://swifttrader.com/
• ✈️Contact Address: Bonovo Road, Fomboni, Island of Mohéli, Comoros Union; 106/3 Spring St, Sydney, NSW, 2000 Australia
• 📞Customer Support: +61 2 8006 2422, [email protected], [email protected]
• 🔐Licensing and Accreditation: MISA
• ⏳Track Record: unknown
• 🧰Specialization: brokerage service
• 🤝Terms of Cooperation: $50, 1:1000
• 💰Additional Services: no

Swifttrader.com Examination

The official website provides some details about where the company is registered, what conditions and platforms it offers, any unique advantages, and so on. Overall, there’s enough information, though some points are missing: there’s no founding date, no mention of the founder or director, and no licensing information.

Images and visuals are a weak point for Swift Trader. These “wings of choice” and “warm nesting grounds” look odd and out of place for a brokerage website. It feels as if the designer just grabbed some random templates and placed them haphazardly. Instead of creating a serious, professional look, the images feel more like something from a cartoon. This lowers trust, especially for a company claiming to be a reliable broker.

It’s not quite the typical template site we’re used to seeing from scam brokers, but there’s not much to praise either. In the top right corner, logos like X are attached, but they’re simply links to the main X site rather than to the broker’s own account.

Furthermore, the site is available not only in English, but also in Japanese. It is obvious that the broker is aimed at the Japanese audience, but in this case it must have permission from the local regulator, SESC. Of course, the project owners do not even mention a proper license, and one cannot be issued to a company with a monstrous leverage of 1:1000, while SESC limits it to 1:25. Overall, we rate swifttrader.com neutrally but leaning negative.

Company Contacts

Swift Trader provides two email addresses and one phone number for users to contact the broker’s managers. We decided to check these contacts to see if we might uncover something interesting. Both email addresses are indeed active and not fake. The phone number, however, revealed something odd. The same phone number (+61 2 8006 2422) is listed on another company’s site, TBF LTD, at tfbltd.com.

Furthermore, there are no other ways to communicate with the Swift Trader representatives. Online chat is a helpful feature, especially when quick contact with managers is needed to resolve an issue. Social media is also an important channel for communication between brokers and traders. However, here, there’s neither an online chat option nor any social media accounts.

Key Conditions

Now, let’s move on to examining Swift Trader’s trading offerings. First of all, note that this is a CFD broker, so trading here is exclusively CFDs — not spot, options, or futures. This type of instrument is risky because the firm can “draw” any charts it likes since there’s no real liquidity, and traders are shown price quotes from who-knows-where.

The company has developed five account types, differentiated by trade volume: standard, mini (trading at 1/10 the lot size of the standard), micro (1/100), pro (with narrower spreads), and ECN. We doubt that this broker is genuinely connected to an ECN network. There are very few forex brokers with ECN connections, usually only large and well-established firms, which doesn’t seem to apply to Swift Trader.

Clients can use leverage up to 1:1000 and various bonuses — clear signs of a lack of serious regulation. Reputable regulators prohibit licensed brokers from offering such high leverage and bonuses. It appears that the company is unregulated, though we’ll confirm that soon.

In summary, the trading conditions are quite typical. Swift Trader is almost certainly lying about offering ECN and displays signs of being an unlicensed broker. So, let’s move on to the most important part of our review.

Exposing Swift Trader

So far, the company hasn’t given enough reason to label it a scam. Yes, there are minor downsides like high leverage, false claims about ECN, bonuses, and a poor website, but these aspects alone aren’t signs of a guaranteed scam. We need to look into its operating history, offices, registration, and licensing. Only then can we draw conclusions.

The company lists a legal address in the Comoros Islands and a physical one in Australia. To legally operate as a broker, a license is required. Swift Trader has indeed obtained a license from MISA (Mwali, Comoros Islands). However, they lack a license from ASIC (Australia). A broker cannot legally operate in Australia without an ASIC license. Additionally, there’s no regulatory information on the official site. Typically, legitimate companies display their licenses prominently, as it fosters client trust.

Why didn’t Swift Trader obtain an ASIC license? Could it not pass the rigorous checks? Instead, it received approval from MISA. This is a red flag because, essentially, it suggests the broker isn’t keen on adhering to strict regulations. Why is that? MISA is a regulator from a jurisdiction with relatively lenient business conditions. Such licenses are easy to obtain due to minimal requirements, almost nonexistent checks, and, to be frank, little trader protection.

How long has Swift Trader been in operation? According to the MISA registry, the company was registered on September 19, 2023, just over a year ago. The domain swifttrader.com was also purchased in 2023 or 2024, as WebArchive snapshots show it was still for sale in 2022. Thus, the platform’s operational history is very short, which is another reason not to trust this broker with your money.

What Reviews Do Users Leave?

Another negative sign is the lack of reviews online. We couldn’t find much written about Swift Trader on the internet. There are very few reviews — almost none. The platform has been registered for over a year, yet it hasn’t gained the trust or popularity of traders. What does this indicate? It suggests that the broker has no real clients, making it risky to trust them with your money. There are no confirmations from traders or investors that the company reliably processes withdrawals.

Conclusions

Registration in the Comoros Islands and with MISA provides no guarantees. Moreover, the company boasts a fake office in Australia, but where’s the ASIC license? Essentially, the firm is unregulated, and we recommend steering clear of this broker. The company has been around for a year, yet it has no clients. Why? Ask yourself this and consider if it’s worth the risk. In the end, Swift Trader looks like just another offshore broker full of empty promises and lacking real evidence of reliability.

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