Swiftoptiontrades has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Claiming to be registered by FCA - Breach of s24 FSMA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.swiftoptiontrades.com.
I trusted Swiftoptiontrades 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: Intuitive for beginners|Good mobile app|Educational resources|Great customer service
Cons: Cannot customize dashboard fully|Currency conversion fee exists
I gave Swiftoptiontrades a fair chance. After since I retired last year 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: Automated trading options|Customizable dashboard
Cons: Would like more payment methods|Mobile app could be improved