Read our SweSolution review to see if we recommend this broker for trading. Just to clear doubts, this is a swe-solution.com review.
Is SweSolution Legit?
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 infamous for scamming schemes.
So, SweSolution is just another unregulated forex broker, which means the customers aren’t 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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 hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good SweSolution reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 SweSolution?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave SweSolution reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about SweSolution, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
SweSolution Review Conclusions
Making the SweSolution review was our pleasure, and we hope to save as many people 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 SweSolution 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] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
With to short thinking I opened an account with Swe-solutions and transferred 250 USD to it.
Soon they called me and asked a number of questions that are irrelevant for my account. They personally, in spoken words, gave me a 6 digit number that I should use in further communication. They promised that a broker would call me later that day.
I soon felt stupid that I bought this. I tried to communicate with them via the message service in their homepage. It pretends to be out of order. I then tried to ask for a return payment, also via their homepage. That also pretends not to work.
The whole thing stinks unprofessionalism and I will do what I can to get the money returned.
Do not go for this, it bears every sign of a scam. If I do not get my money back fast, I will I involve the police.
(1/5)
I stepped in it too. My trust was mostly based on that they spoke perfect Swedish (my language), which is not(!) what I’m used to when it comes to scammers. Second thing was that this time I was the one initiated the contact. If they had called me they would quickly be dismissed… together with all other “Wendy Waynes” (with their Indian accent) who are calling every day.
First red flag, already 10 minutes after paying. I had one email that was a registration confirmation, but that was the only thing I had. Verification of paying $250 was non-existent. Red flag 2 when I logged in to my bank account and saw a pending $275 transaction. Red flag 3 when I had talked to two different people and noticed their unprofessional approach and then also tried to call their numbers myself… “this number is not in service”… and “technical error”. That was the point when I called my bank and requested a new debit card. After this I’ve made a lot of research and have more than enough to be convinced that everything about it is a scam.
After this I have just kept on pretending to be a happy klient who is watching his balance rising… while accumulating potential evidence in form of research, email conversations and recorded telephone calls. I can swallow this level of money loss, but I’m still taking it to the police, and I will also do what I can to get them added to the Finance Inspection’s warning list.
(1/5)