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Sway Markets

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2.6
(7 Reviews)

Founded: 2022 Min Deposit: 10 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 500

Risk Level I

Sway Markets claims its registration with ASIC, but there is NO detailed info can prove that.

Score
Business Scope
0.0
Trading Cost
2.4
Trading Platforms
2.3
Support
2.4
Licence Status
ASIC 001300469
SVG FSA 1661
Authorized Representative
Registered
Contact
+44 161 524 4111
support@swaymarkets.com
https://swaymarkets.com/
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

2.4

Score

Company and Service

--

Score

Profile
Headquarters Address
Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines, P.O. Box 2897
Founded 2022
Credit Profile No information
Trading Platforms
MT5
Windows,  Android,  Webtrader
Contact
No Data
Others
Website Language
English
Customer Service By
Phone,  Email,  Live Chat,  Web Form,  Facebook,  Twitter,  Instagram,  Youtube,  Telegram
Supported Language
English

Related Complaints

Q&A

is Sway markets regulated?

Kah Wei sweilem
United States of America
2024-08-28
ANSWER Dear Investor,Thank you for reaching out. While Sway Markets is under a certain level of regulatory oversight, we advise caution when dealing with this broker.Sway Markets claims to be registered in St. Vincent and the Grenadines, an offshore center known for its lax regulations. The financial authority there does not license or regulate forex trading brokerage activities. Additionally, Sway Markets claims to hold an AR license from the Australian Securities and Investments Commission (ASIC). However, there is no solid evidence to verify this claim, as ASIC does not provide the registered web address of the licensee for verification.Therefore, Sway Markets is not operating in a strictly regulated environment, and investors are not fully protected by stringent rules. For a safer trading experience, we recommend choosing brokers that are fully regulated by top-tier financial watchdogs.
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Overall Score

2.6
7 Reviews

Cost 2.4

Platforms 2.3

Deposit & Withdrawal 2.4

Customer Support 2.4

Indicates the average level of Brokers

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7 Reviews

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Hitogamy
Peru
Stay away from this broker
2023-12-11
Reply
steveV
0-6 months ECN Account United States of America
Stay away from this broker they are not a broker they are the market makers. They don't have liquidity partners and are not apart of appropriate mechetile exchanges to give you correct price on the charts they offer. Stay away from all ECN brokers they are the market makers.
2023-09-22
Reply
Gross
Malaysia
They don't allow withdrawals.Be careful. SCAM!
2023-05-24
Reply
Jassin
United States of America
Their service is really bad, I provided my real information on the platform to open an account, but the background inexplicably did not pass my application, customer service staff are also like robots, completely unable to solve problems.
2023-05-18
Reply
erykah
United Kingdom
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good.
2023-03-22
Reply
Hussein ramezany
7-12 months ECN Account Japan
The customer service is very good, there are many account types, and I also opened an account that I haven't opened before.But the withdrawal speed is tooooooooooooo slow!
2022-08-04
Reply
Bagesh Wari
Cambodia
The support for agents is very awesome. The support for materials is very good. It's a very good platform
2022-07-14
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.