Home Forex Trading Reviews - Forex Broker Reviews SwiftFX Review (swift-fx.com Scam)

SwiftFX Review (swift-fx.com Scam)

Swiftfx Review

Read our SwiftFX review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a swift-fx.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So SwiftFX is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about SwiftFX in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world.

SwiftFX Review Conclusions

Making the SwiftFX review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our SwiftFX review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

etoro

22 COMMENTS

  1. Also they scam me about 460 usd
    They said i am ready to withdraw and then they said you need to deposit 3,850php about 770 usd fot withdrawal fee fuck this company. The name of my agent is steven cardwell

  2. I invested this SWIFTFXOPTION.COM/CRYPTO anf my Account Manager is VERONICA JOHN.. I finished all my obligation to pay my withdraw fee and commission fee but she ABANDON my Trading Platform after i paid all…and never i received my profit…almost 1 month finish.

  3. To Esther: Was this woman being friendly and all nice and very flirty. Because this is what’s happening to me. She wants me to upgrade before the release of my funds. I’m very very suspicious of this whole thing. If I walk away I lose 240.00. Which is not bad considering. I sure don’t want to lose 700.00

  4. Same thing as Theodoric I paid all my dues for withdrawal now they tell me to pay 3000.00 for withdrawal fee. When I was told by my agent Linda Johnson promising me to get all my funds. Or the option was to wait till Jan 1/2023. F**k these guys please do not I repeat do not do any trading or give money to Swiftfx to this company. There is no end when they keep asking for fees

  5. I got scammed by swift-forextrades.com was speaking with a women called Collen.01 on Instagram paid £500 GBP was supposed to get £10k profit in return once the deal was done I then had to pay an upgrade fee of £1200 or £2000 an so on depending on the upgrade to then get my withdrawal money but I dint pay the upgrade fee as I then clicked on it can’t be legit and I’ve contacted my bank who said they will get my money back

  6. I gave them a total of P13000 already n my trader Ambitious Trovert is asking P5000 for an upgrade before withdrawal of profit. Pls assist how to get back my P13000.

  7. Please assist. I have responded to a ad posted on facebook in Cape Town and I transfered the minimum of R1000. I registered on Smartsiftfxtrades website as well on Luno. When I requested to withdraw and completed my details for my profit of R16000, I was told that I should deposit R3600 for fees in order to receive the profit plus R7 000 bonus. Is this a scam as the guy I was dealing with and the account manager Jason Sallman, has the same people receiving different amounts withdrawals on their whatsapp status?

  8. Its a week now being told that I will get my withdrawal. This people they will braai you and convince you I started with 300 for a deposit, and then R2850 yesterday they asked for 4800 and I got an email saying my profit is ready so I need to pay that 4800 it’s an insurance fee. Now they all quiet they said we have to wait so dat Bitcoin seller can get all the money so my withdrawals will be ready this morning and I got nothing. I’m Depressed and I told them I’m unemployed and my on a divorce process with my husband. So I need those withdrawals to pay for my lawyers. I have a kid to feed which is my husband doesn’t support. I borrowed money from dangerous people and they want their money promising I’ll pay on this coming Monday. I went to Capitec on my second deposit and my bank told me that this is a civil matter. I do not know what to do my life is a mass😭😭😭😭😭

  9. https://api.whatsapp.com/send?phone=15705992493
    https://www.tiktok.com/@fabiomorrisfx
    Fabio Morrisfx
    Responded to ad. Transfered $950 Bitcoin, and then demanded $1,800 to withdrawal funds. Eventually he went down to $1,200. However, I never submitted the additional fees and have been asking to withdrawal my funds on a regular bases for over 4 weeks. He has yet to to allow me to withdrawal my $950 Bitcoin deposit despite the account have $772 in profits. I told him to keep the $772 in profits and just allow me to withdrawal my $950 Bitcon deposit.

    • Hi I just invested with swiftfx and now they asking me to pay R3000 for OCC(change of currency) please let’s try and get this company off the sites. My agent is simbarashe pedzai.

  10. I have been scammed by SwiftFX pay, its day 5 now they don’t wanna bring back my money, told them I don’t care about their profit they should bring back the money I invested they always making excuses,name of the guy Refiloe Nkele who scammed me

  11. I do believe I’m being scammed. I’ve read the other comments and I too have paid all withdrawal fees and do not have my money. Now they want me to pay them for IRS $32k before I get my money. I am responsible to pay IRS. FREDA ATWOOD swiftfxnfttrade.org. I’m going to start processing a claim and contacting an attorney.

LEAVE A REPLY

Please enter your name here
Please enter your comment!

This site uses Akismet to reduce spam. Learn how your comment data is processed.