SwiftcoTrading Review – Crazy Returns, Low Rating, And Warning Signs
SwiftcoTrading Review – Crazy Returns, Low Rating, And Warning Signs

Swiftco Trading firm is one of those offering insanely high returns with zero risk involved. Doesn’t that sound like a fairy tale? If that’s a secure way of investing, why do they need you?

You can find all these and many more answers in our comprehensive SwiftcoTrading review. But expect the unexpected. This company is hiding so many things in plain sight.

Regulated by: No regulations
Is This Company Safe? No
Known Websites: Swiftcotrading.com
Have Warnings from: N/A
Registered in: Australia
Operating since: 2020
Trading Platforms: N/A
Maximum Leverage: N/A
Minimum Deposit: $20
Deposit Bonus: Not available
Trading Assets: Crypto, NFTs
Free Demo Account: No
How to  Withdraw from This Company? Considering numerous reviews pointing out issues with this firm and the HYIP scam principle, you can forget about regular withdrawals. If you are sending money to this firm and can’t withdraw any, contact our refund specialists for detailed guidance.

Legal info: Is SwiftcoTrading legit or a scam?

If you check the swiftcotrading.com website, you will recognize standard scamming offers. Huge returns in a short time with minimum risk involved. On top of that, the company claims to be regulated. No less than by the Australian Securities and Investments Commission (ASIC). However, their database doesn’t hold any records of this scam firm being licensed.

In the first place, such a regulator would never accept a company that promises profits. If you were hoping they have any other Tier 1 license like FCA, BaFin, or CFTC, no. They don’t. From now on, you can consider their whole offer to be a fraud. But here’s why.

Who are SwiftcoTrading clients?

In the first place, the company has been active since 2020, not 1989, as they claim. At least not under this brand according to who.is. To make everything even worse, they are targeting countries with strict regulations. As can be seen, they are mostly scamming traders from:

  • United States
  • South Africa
  • Nigeria
  • Croatia
  • Kenya

If this firm also contacted you, don’t hesitate to reach out to our experts for advice. Especially if you were sending them money. Time is crucial in the fund recovery process.

Traders Reviews

Another warning sign comes with SwiftcoTrading reviews. Even though there are only 19 comments on Trustpilot, that’s enough for a reasonable person to understand what’s going on. This company is most likely running a Ponzi scheme behind its services.

At least 32% of clients were defrauded in one way or another. But if this group of fraudsters somehow tricked you, feel free to contact us for advice.

Leverage, Commissions, Spreads, Fees and Taxes

Since this company doesn’t offer regular trading services, there are no standard trading costs. Instead, you have different investment plans with a range of fees required. As for the non-trading fees, you can expect a 0.5% clearance fee for amounts up to $1.000.

In addition to that, you can expect a hefty fee if you are not investing regularly. After 60 days of inactivity, you’ll be required to pay $200 as a dormant fee. Lastly, there’s a 0.5% maintenance fee charged every last day of the month, along with a 5% cryptocurrency swap fee. Slowly but surely, ripping you off.


Generally speaking, bonuses are not standard with this kind of investment firm. After all, they promise you quick returns. Therefore, no need for bonuses. Still, SwiftcoTrading briefly mentions some bonus funds in their T&Cs. Yet, the policy doesn’t reveal any terms. Consequently, you can expect additional manipulations.

SwiftcoTrading Trading Features

As can be seen, the company is highly promoting crypto investment services. Not to mention, their payment methods only include cryptos, which is a warning sign by default. Especially after you realize the company is lying about US and Australian licenses.

Trading Platforms Available

Since this investment firm is the one investing for you, the trading platform remains unknown. But it would be professional to see how they do it. Anyway, there are far better options for regular traders. Just pick any Tier 1 licensed firm with MT5 or cTrader included.

Available Trading Assets

Tradeable assets with SwitftcoTrading are only known to their employees. Most likely, they are making up a lot of stuff just to attract investors. But to understand how to recognize the right investment firm, check out our GIFX Prime review.

Account Types

Here comes the interesting part. The company offers four different investment plans. Yet, all the same. Once you see how those are structured, you will see a Ponzi scheme pattern. The options are:

  • Bronze – $20 / 20% return after 24 hours
  • Silver – $1.000 / 50% return after 24 hours
  • Gold – $5.000 / 100% return after 48 hours
  • Diamond – $30.000 / 250% return after 168 hours

Mobile Trading App

With their poorly designed website and a lot of mistakes there, we didn’t expect any apps. And we were not wrong. The company doesn’t offer any iOS or Android app for investment tracking. Everything is done on a web-based dashboard, which their agents can easily manipulate through the back end.

Demo Account

Overall, demo accounts are not a part of any investment firm. Especially not the scamming one. Primarily, if they offer any similar feature, it would expose all of their flaws. Luckily, we already know too many.

SwiftcoTrading Withdrawal

Important to realize is that this firm is not revealing any withdrawal policies. Only a few details are known through their FAQ section and refund policy. 

In the first place, the minimum withdrawal amount is $20. Thus, if you want to withdraw $20, you will be charged a $30 withdrawal fee since the withdrawal fee is 3.5%, and all fees below $30 will be capped at $30. As for the maximum fee, you can expect $3.500. But once you get to that point, you will leave all of your money with this company.

Customer Support

Another discrepancy comes with the company’s support. They are revealing the Australian address and UK phone number. Is it VOIP service or not, we wouldn’t know. Most likely, yes.

Besides this shady phone, you can reach them via e-mail and live chat. However, many traders filed complaints against their support.

Key Information To Consider About SwiftcoTrading

In the first place, they are misleading traders about regulations. They are not listed in any Australian or US regulatory database. On top of that, they are promising fixed returns on a daily basis. Not something regulated firms do. We all know trading involves risk.

If you were also involved in this trickery, feel free to contact us. Our refund team is offering a free first consultation regarding chargeback procedures. Book yours now.

FAQ Section

What is SwiftcoTrading?

SwiftcoTrading is a fake investment firm offering crypto high-yield investment plans without any credibility.

Is Crypto Mining a Legitimate Business?

Crypto mining is absolutely legitimate. Any company or individual can do it. But you never know what company to trust.

Can I Recover Stolen Crypto?

Yes. Every crypto transaction leads to a verified wallet. Our refund specialists can help you with our CIpherTrace technology to track it down. Get in touch and find out more.


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