No trader would refuse to work with a broker that ensures fast order execution, exclusive client service, and full capital protection. This is exactly what scam brokers like the subject of our Swift Investments review take advantage of. Naturally, fraudsters promise a modern terminal, the best selection of trading accounts, and competitive trading conditions. However, clients who believe the company’s representatives risk losing all their invested money irreversibly. To help users avoid such troubles, we have gathered as much information as possible about these scammers. See the results below.
Key Features
- Company Name: Swift Investments
- Website: https://swift-investment.io/
- Available Contacts: [email protected], [email protected], [email protected]
- Foundation: 2024
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $250
From Sign-Up to Payout
Credit must be given to the developers of the official website. They put in a lot of effort to create a high-quality web resource. However, to be honest, the results are not very impressive. While the design is quite good, the content is much worse. For example, on the homepage, we see completely useless announcements (as many as three) of all available educational articles and company-written reviews.
There are also many problems with the rest of the site’s content:
- There is not even a mention of the available markets, let alone contract specifications for trading instruments.
- The section called Brokerage contains the contact page and an About page, but the latter provides no useful information about the company.
- According to the broker, the main tool that users absolutely need is the FAQ. Other tools, such as an economic calendar or various investment calculators, seem to be entirely absent.
The registration process is far from smooth. The registration form is easy to fill out, but after submitting it, the user receives a message stating that the request has been accepted, along with the promise “See you soon.” However, “soon” in Swift Investments’ understanding seems to mean several days. At least, we never received any response from the company’s representatives. As a result, we were unable to explore the features of the personal account.
We were also interested in the broker’s non-trading operations. In the Terms & Conditions, they claim to accept credit/debit cards, bank transfers, and virtual currencies. However, among the payment method logos in the footer, only cryptocurrencies are displayed. We are certain that clients will not find any other payment options. This raises the question: why such discrepancies?
Our Trading Experience With Swift Investments
We were unable to become registered clients of the company, but we did manage to explore the trading platform. Swift Investments provides a limited-functionality version for all website visitors in the Investment Portfolio section (though the logic behind this placement is unclear).
Even this limited version was enough for us. The fact is, we know this software well — it is frequently used by scam brokers. All its “innovation” and “numerous advantages” exist only in the imagination of the broker’s content managers. However, its disadvantages are quite real:
- Multi-chart mode is not supported.
- There are no issues with changing settings, except for one: they cannot be saved. So every time a new session starts, the trader has to reconfigure the terminal.
- Connection stability is also a problem: at least once every 10 minutes, the connection is lost, leading to page reloads, session resets, and the need to reconfigure the platform.
- One-click trading is not available.
- The market overview panel does not allow hiding unused assets, making it overly cluttered.
- The platform does not support custom modules, meaning traders cannot add their own indicators or trading robots.
This software only hinders profitable trading. Most of these issues cause delays when executing trades, and some negatively affect the accuracy of trading signals. As a result, most clients lose money instead of making a profit. However, this directly benefits the broker, as client losses translate into its earnings. Could this be why scam brokers love this platform so much?
Traders should also pay attention to the company’s trading conditions — or rather, their complete absence on the official website. The only available information is a list of account types with their minimum deposits:
- Basic — $250.
- Silver — $10,000.
- Gold — $50,000.
- Platinum — $100,000.
- VIP — $250,000.
There is no mention of spreads, swaps, commissions, trade sizes, or any other crucial parameters. Instead, the account descriptions are filled with meaningless marketing phrases about how “great” each type is.
Important. The broker went so far as to hide trading conditions that it did not even publish additional options for each account type. How does it plan to attract beginners?
In short, the company has done everything possible to make it as difficult as possible for users to start trading. But this is hardly surprising, given that the broker employs all the well-known scam tactics.
Wealthy users can participate in Swift Investments’ VIP program, which includes three additional account types:
- The Exclusive Club — $250,000.
- Affluent Living — $500,000.
- The Ultimate VIP — $1,000,000.
However, no further details are provided on the website. The company claims that a personal manager will provide the necessary information.
The Reality Check
The broker’s website does not provide any hint about the location of the office or the company’s registration. The only thing we managed to find is a mention in the Terms & Conditions about the laws of saint vincent and the grenadines (the spelling of the country’s name is not our mistake, it’s copied from the document), according to which Swift Investments operates and resolves disputes.
As we can see, a search in the financial regulator registry of this Caribbean state, SVGFSA, yielded no results. This means that the project’s owners did not register the company in this jurisdiction.
We conducted a broader search using the Open Corporates database, which contains information about over 222 million companies worldwide. However, among 33 companies with the same name, we could not find any that offer brokerage services.
Thus, the conclusion is clear: the broker has not registered as a legal entity and operates solely online, virtually. Naturally, it cannot claim a license from any regulator in any jurisdiction. Consequently, its services providing access to financial markets are entirely illegal, and trading is just simulated. Are more signs of a scam project still needed?
How Long Has Swift Investments Been in the Game?
We are left with just one thing to check: the company’s founding date. Since the platform’s representatives are unwilling to share this information with us (or with you), we have to rely on external sources. The chosen source is the WHOIS service with the domain registration date.
An entirely expected result! The domain swift-investment.io was registered on October 30, 2024. This means that at the time of writing the review, the broker has been operating online for only about 3 months. However, it remains unclear why its employees have not bothered to fix the issues with the official website during this time.
Important note! The pages with documents display the dates of creation and the last revisions. All of them are from February 2020. Since Swift Investments did not even exist at that time, we can confidently state that these documents were inherited from a previous scam. It seems that the fraudsters behind this project have mastered the art of deceiving traders.
Extra Fraud Indicators
It looks like we’ve found confirmation of the previous information. There are plenty of mentions online of an earlier project called Swift Investments, which operated under the name Swifti and used the address swifti.com. The subject of our Swift Investments review still retains the email in the footer and the design of the official website from Swifti. The only changes are the logo and the images on the homepage.
Swifti, which was created in July 2023, ceased its operations after receiving a huge amount of negative reviews. Former clients claim that the scam broker stole all the funds. Moreover, judging by the minimum deposit amounts in the account type table, they were quite substantial.
We are confident that users of this reincarnation of the scam broker will face a similar fate. Experts working on trading and investment portals also warn about it. The newly created platform does not inspire trust and has received poor reviews.
Is Swift Investments the Right Fit?
Thus, our Swift Investments review leaves no doubt that the broker is a scam, created with the goal of stealing traders’ money. This is evident from the minimal information about the company on the official website, its lack of registration and licenses. The project’s owners decided to replace the scam platform Swifti, which had harmed many users. To avoid unpleasant consequences and not lose your funds, we recommend not opening accounts here (especially since you won’t be able to do it on your own) and not depositing any money.
Customer service is absolutely terrible, I’ll tell you. I’ll have to change brokers because not everyone can tolerate the constant problems with the Swift Investments terminal. These scammers don’t even want to monitor the state of their equipment, that’s one. Support here either ignores your requests or is rude and gives completely unclear answers, that’s two. And the cherry on top is the broker’s actions, which lead to the complete loss of your deposit. I started with $25,000, but the balance is heading toward zero. That’s three!
Just a week ago, I really regretted getting involved with these scammers. Like many others, I probably fell for the very interesting offers that the company representatives present over the phone. But SwiftInvestments clearly has no intention of fulfilling them after they got the money. Because they immediately took almost half of my $18,000 deposit, supposedly for some kind of insurance. Meanwhile, they pocketed the money, I know for sure. The remainder is also sitting on my account; I don’t know how to trade, and no one is giving me the promised help. I can’t withdraw it either; no one has been able to withdraw anything from here. In reality, no one is satisfied with working with these scammers. Don’t repeat my mistakes!
I got scammed from them . I tried to get my funds back to my Bank account. I got forced to create another external wallet. Swift-investment sent faked USDC to it and managed to get access and changed all my assets to worthless USDC. I am devastated. I am retired and all my savings are gone. Lets stick together and find a way to get them.
I’ve had horrible experience with this company. Customer service takes days to respond unless easy you are sending money.
When it was time for me to withdrawal the company kept saying I owed more money, there’s a new policy, your bank is charging a fee. There are many more. I never got any of my “profit”. They are a scam.