DEFI Intelligent Trading (defisw.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: defisw.com.
What really bothers me about DEFI Intelligent Trading (defisw.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.
Pros: Stable platform|Great customer service|Helpful community forum|Detailed reporting
Cons: Search feature is basic
DEFI Intelligent Trading (defisw.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Market news feed|Copy trading available
Cons: Wait times can be long during peak hours|No dark mode on mobile
The so-called education at DEFI Intelligent Trading (defisw.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.
Pros: Tax reports included|Educational resources|Regular updates
Cons: Minimum deposit could be lower
DEFI Intelligent Trading (defisw.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Transparent fees|No hidden fees|Clean UI
Cons: Minimum deposit could be lower
The hidden fees at DEFI Intelligent Trading (defisw.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Educational resources|Great customer service|Segregated accounts|Economic calendar
Cons: Minimum deposit could be lower|No live chat on mobile
KYC with DEFI Intelligent Trading (defisw.com) 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: Great customer service|Regular platform improvements|Quick verification
Cons: Limited social trading features