SwiftCFD was a non regulated Forex / Crypto Currency CFD broker that opened in November 2018. Their website is now dead!
Owned and operated by Digital Worldwide OU, they are located at: Roosikrantsi tn 2-K344, Kesklinna District, Tallinn City, Harju County, 10119, Estonia. SwiftCFD can be reached by phone in United Kingdom at: +44 208 089 7911, and contact email address is: [email protected]. Official website is: https://www.SwiftCFD.com/.
Investors can read about broker complaints and problems, read this.
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SwiftCFD Reviews
SwiftCFD give you two options of a Forex trading platform, either the classic MetaTrader 4 software or their web based system from Panda. The web based trading software is nice and easy to use, and much easier for newbie investors that get confused by the MT4. The downside with the platform, is that it is not mobile friendly. You will instead need to download their mobile trading app from Google Play. This broker also lists their MetaTrader platform as coming soon.
You can see this broker offers investors CFD trading on many different underlying assets including; Forex, Commodities, Crypto, Stocks and Market Indexes. Spreads on Bitcoin is fixed at $175 no matter the price, and margin available on Crypto is 100:1. On Forex pairs, leverage is as high as 100:1, and the spread on EUR/USD is 3 pips.
Minimum deposit for a new trading account is the standard $250.
SwiftCFD License
When the Scam Broker Investigator reviews a new Forex & Bitcoin broker like Swift CFD, we want to know if they are a legitimate broker, or another scam. We look for a valid government brokerage license, from FSB South Africa, FCA United Kingdom or from ASIC Australia.
SwiftCFD is not a licensed broker. On October 8th 2018, the FCA issued this warning to investors. Also listed as an owner of this company is: Digital Enterprise Ltd, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.
You should read reviews of all licensed Forex brokers, and also have a look at the most popular brokers today, look here.
Compare Brokers with SwiftCFD
Smart traders always check out the competition before settling on any broker.
ForTrade are the best brokers in England, since they are licensed & authorised by the FCA, look here.
Start with a Free Demo Account, Signup at: ForTrade.com.
If you are currently investing at the brokers Swift CFD, please share your experience with other investors, in the comment section below.