Credit Swift Assets has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was about to invest with Credit Swift Assets but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I closed a profitable position at Credit Swift Assets and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Social trading features|No hidden fees|Economic calendar
Cons: Would like more payment methods|Search feature is basic
I invested $3,500 with Credit Swift Assets after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
KYC with Credit Swift Assets is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Tax reports included|Detailed reporting
Cons: Desktop app not available on Linux
I trusted Credit Swift Assets with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Tax reports included|Copy trading available|Economic calendar|Smooth onboarding
Cons: Wish they had more educational resources|Research section could be deeper
What really bothers me about Credit Swift Assets is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them based on a colleague's recommendation and I fell for the polished exterior. Never again.
Pros: Multiple order types|Low minimum deposit|Competitive fees
Cons: Limited ETF selection|Limited demo account features