ANSWER Swift Coin is an unlicensed broker we advise against trading with, despite the seemingly attractive deals it offers.Swift Coin looks legitimate and trusted as it displays so many certificates on its website, including an incorporation certificate from the Companies House (CH) under number 8941995, an insurance certificate by the European Cryptocurrency Board, an National Futures Authority (NFA) license, a Swiss Financial Market Supervisory Authority (FINMA) registration certificate, and a certificate from the Financial Industrial Regulatory Authority (FINRA) under CRD number 43744. However, we in our investigation found that Swift Coin's claims about its regulatory status are unfounded. The information it provided either belongs to other genuine firms or doesn't exist. This means that Swift Coin is misrepresenting itself to fool investors.Regarding your question, we suggest you avoid dealing with Swift Coin as it is a dishonest broker offering financial services or products without proper authorization. Entrusting such an unlicensed broker with your funds and personal details could be highly risky, as there are no legal protections to safeguard them. Therefore, investors are encouraged to use fully regulated brokers only to avoid such risks.
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