Sway Markets has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Sway Markets 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: Good mobile app|Regular updates|API access
Cons: No integrated tax optimization|No dark mode on mobile
The spread at Sway Markets is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a blog post comparing services and initially thought the platform was good - until I started trading seriously.
Pros: API access|Fast deposits
Cons: Nothing significant|Help articles are sometimes vague
I was about to invest with Sway Markets but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commodity Futures Trading Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
My card was charged twice by Sway Markets on the same day. I had to dispute it with my bank. Sway Markets then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Good analytical tools|Professional team
Cons: No dark mode on mobile
I trusted Sway Markets 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: Wide product range|Two-factor authentication|Detailed reporting
Cons: Desktop app not available on Linux|Live chat only during business hours
For anyone considering Sway Markets, please be aware that this company has been flagged by Commodity Futures Trading Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I want to warn everyone about Sway Markets. They have been flagged by Commodity Futures Trading Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I want to warn everyone about Sway Markets. They have been flagged by Commodity Futures Trading Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I closed a profitable position at Sway Markets 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: Instant funding|Risk management tools|Multi-currency support
Cons: Spreads widen during volatile periods
I gave Sway Markets a fair chance. After since last summer of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Segregated accounts|Instant funding
Cons: Minor UI glitches occasionally|Spreads widen during volatile periods