According to the Swmarkets.com review, an online Trading platform has gained some negative reviews and ratings among its Users. Regarding these reviews, the Users of this trading platform and other traders who have experienced Swmarkets.com found it crucial to determine the broker’s reliability. Thus, the question arises about the trustworthiness and reliability of SW market brokers.
So, you do your deep research and use caution before engaging in the online trading platform. The first step is to conduct and know about reviews of trading on this platform to protect yourself from fraudulent companies and entities that you are planning to send the funds to.
Another sign of risk with this broker of SW markets scam is that it needs legal documents. Also, users researched social media platforms and appearances required on them and found them unsatisfactory.
What is the Swmarkets.com?
Swmarkets.com is an online trading platform regulated by the Vanuatu Financial Services Commission with an offshore regulatory status.
It holds a Retail forex license from 23 June 2023 and offers forex, CFDs, and Spread betting services. SW Markets Capital LTD, registered in the UK, regulates the platform. The support team can be reached via phone or email at info@swmarkets.com.
Details
Regulated by: | VFSC – Vanuatu Offshore |
Is This Company Safe? | The absence of licenses makes any site unsafe! |
Known Websites: | swmarkets.com |
Have Warnings from: | N/A |
Founded Year | 2017 |
Registred in: | Hongkong |
Trading Platforms: | SWmarkets Platefrom, Forex, Indices and Commodities |
Maximum Leverage: | 1:100 |
Minimum Deposit: | 50.0 USD |
Deposit Bonus: | Not available |
Account currencies | USD |
Free Demo Account: | Not available |
Trading instruments | Indices, Commodities, Forex/Currencies |
How to Withdraw from This Company? | Detailed process with user center by managing transactions |
Deposits and Withdrawals
Based on this user feedback, it appears that Swmarkets.com is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. With regards to the SW market review, the commission in deposit and withdrawal methods are Unknown, and the Exchange’s current rate and processing time depend on the situation.
Account Types
If your funds are stuck in the SW market account, You should first reach out to withdraw your funds by the support center and take proof to show authorities late, so in the future, they will accept to deposit your funds. However, Users need help finding detailed information about Account types.
Red Flags and Warning Signs Of Swmarkets.com
The Swmarkets.com broker is not licensed by any authorized regulation authority, which can be risky for traders. It is essential to be cautious of unregulated brokers, as they may need to provide necessary help with withdrawals.
Researching suspicious brokers can help avoid potential loss and stress. SW market has suspicious alerts and may block users once they deposit funds. It is best to use brokers with licenses from reputable authorities like FCA, ASIC, or CySEC.
Read our 100 top-regulated broker’s Reviews to make Safe investment decisions in legitimate companies.
Customer Complaints and Negative Reviews
FAQS:
What to do if you are stuck and scammed by a trade company?
The first step is to repost it by the Customer support service center or any local regulation authority department; if you still have yet to find any case of refunds, then there is a way to charge back the case with your bank and credit card provider.
Is Swmarkets.com legit or a scam to trade with?
No, because due to the lack of untrustworthy scam brokers involved with the SW market, they should be avoided to trade.
Is the Swmarkets.com involved in any Risks?
Investing in any unregulated broker is a risk, and it will always be a risk. The main risk is when using an unregulated broker like the SW market.
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