Fx Sway claims to be a regulated firm while presenting neither details about its company information (company name, office address, e-mail, telenumber, etc.) nor regulation. Lacking for such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. 

Not being overseen by any regulators, letting the broker hold or control customers' money is unsafe and the money cannot be protected by any law. Therefore, it is a scam.