Swift Remita has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". The FMA has been made aware of a fake e-banking platform - Swift Remita. This platform offers term deposits, loans and money transfer services. However, it is operating an investment scam intended to defraud investors.
An investor has reported that they were unable to withdraw the funds they de... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I lost a significant amount because Swift Remita 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: Fast execution|Reliable uptime|Excellent charting|Easy withdrawals
Cons: Nothing significant|Could offer more webinars
The platform itself is okay, but the customer service at Swift Remita is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Fast execution|Comprehensive tools|Good analytical tools|Automated trading options
Cons: Wish they had more educational resources
I have been trying to close my account with Swift Remita for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Copy trading available|Excellent charting|Demo account available|Clear documentation
Cons: Currency conversion fee exists|Limited social trading features
I invested $25,000 with Swift Remita 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
What really bothers me about Swift Remita is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them when my bank disappointed me and I searched for alternatives and I fell for the polished exterior. Never again.
Pros: Professional team|Good analytical tools|Reliable uptime|No hidden fees
Cons: Limited social trading features
After using Swift Remita since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Full transparency|Market news feed
Cons: Cannot customize dashboard fully
I opened an account with Swift Remita for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Professional team|Instant funding
Cons: No integrated tax optimization|Could offer more webinars
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Swift Remita is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The mobile app from Swift Remita is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: API access|Educational resources|Full transparency|Demo account available
Cons: No live chat on mobile
I was about to invest with Swift Remita 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: Unauthorized firm|Found in IOSCO warnings database