Swift Crest Trade 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.
If you are reading this considering Swift Crest Trade - run. I wish I had read more negative reviews from a review site like this one. I thought the positive ones were real. Maybe some are. My experience over since the beginning of the year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Tax reports included|Detailed reporting|Social trading features
Cons: Limited social trading features|Wait times can be long during peak hours
I lost a significant amount because Swift Crest Trade did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Intuitive for beginners|Customizable dashboard
Cons: Limited social trading features|Website design could be more modern
I trusted Swift Crest Trade 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: Economic calendar|Regular updates|Automated trading options
Cons: Limited cryptocurrency options|None so far
I had a dispute with Swift Crest Trade and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Clear documentation|Stable platform
Cons: Account statements could be more detailed
Do not be fooled by the professional-looking website. Behind the scenes, Swift Crest Trade is disorganized and incompetent. I found them after attending a webinar they hosted and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Economic calendar|Multiple order types
Cons: No integrated tax optimization
Customer support at Swift Crest Trade seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Market news feed|Smooth onboarding|Responsive team|Excellent charting
Cons: Email notifications too frequent|Slow to add new assets
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Swift Crest Trade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
I invested $15,000 with Swift Crest Trade 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.
Cons: Blocked my account|No legitimate license|Fake returns
Swift Crest Trade has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Dedicated account manager|Economic calendar
Cons: Limited ETF selection|None so far
Do not use Swift Crest Trade for anything serious. I used them for a couple of months now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Educational resources|Tax reports included|Clear documentation|Intuitive for beginners
Cons: No integrated tax optimization