Swift Resort 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.
After using Swift Resort for the past six months, 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: Segregated accounts|Clear documentation|Market news feed
Cons: Some tools only available on higher tiers|Limited cryptocurrency options
I lost a significant amount because Swift Resort 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: High security standards|Tax reports included|Demo account available
Cons: Help articles are sometimes vague|Email notifications too frequent
Several red flags with Swift Resort: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
The only good thing about Swift Resort is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Two-factor authentication|Responsive team|Clear documentation
Cons: No live chat on mobile
I invested $10,000 with Swift Resort 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: No regulatory oversight|Money disappeared|Fake testimonials
I experienced a security concern with my Swift Resort account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Reliable uptime|Detailed reporting|No hidden fees
Cons: Limited social trading features|Currency conversion fee exists
KYC with Swift Resort 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: Full transparency|Multiple order types|Dedicated account manager|Dividend tracking
Cons: Nothing significant|Wait times can be long during peak hours
After since last summer with Swift Resort, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Smooth onboarding|Clear documentation|API access|Great customer service
Cons: Cannot customize dashboard fully|Desktop app not available on Linux
The hidden fees at Swift Resort 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: Multi-currency support|Fast deposits
Cons: Live chat only during business hours
Do not use Swift Resort for anything serious. I used them for nearly two years 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: Transparent fees|Instant funding|Responsive team
Cons: Cannot customize dashboard fully