Is Swift Option a Scam?

Last updated: December 29, 2016

Summary

Can SwiftOption be Trusted or is it a Scam?

Check the 100% Exclusive & Detailed SwiftOption Review!

Withdrawal & Demo Account at SwiftOption – See Below!

Read Full Review

Details

Broker Swift Option
Official Website URL www.swiftoption.com
Minimum 1st Deposit $100
Minimum Trade Amount $10
Payout 81%
Free Demo Account No
Deposit & Withdrawal Methods Credit/Debit Card, Bank Wire
Number of Assets 130+
Account Currency USD
Overall Score 3.0/10

SwiftOption Full Software Review

There are very few stable and secure things in the online financial industry. Automated trading solutions come and go and the same goes for some binary options brokers. Even if they were regulated by an authorized body like CySEC or MiFID at one point, things can always begin to deteriorate. This is the main reason why it is good to revise all the reasons why you have gotten started with a particular brokerage or system from time to time. The binary options broker that we will pay close attention to in the present review is called Swift Options.

swiftoption

It was started up by a dozen of experienced investors who come from different trading fields. The common thing between them is that all of them have operated in the online financial field. They were originally licensed by the Seychelles Securities and Exchange Commission under company Green Galaxy International S. A. with license number 117556. The platform started up pretty good but has since begun to disappoint users. So, what is the final verdict? Is it scam or legit?

Swift Option Broker – Is it Reliable or Scam?

The conducted thorough and in-depth investigation of this online brokerage platform suggests that its performance have not been very promising. Its official website is constantly on and off again and users never know if they will be able to carry out an investment from start to finish without a problem. This is actually quite the big issue. If the trading process is not ensured, then how could anyone proceed to open an account?

Due to the instability of its investment platform and the numerous user reports about problems with the binary options broker, there is some existing chance that it is a scam. While it is regulated and has been doing okay in the previous months, this can not be stated 100% certainty for the time being. Traders, however, must remain weary and cautious when proceeding to open an account with it.

SwiftOption Binary Broker – Investment Platform

Upon release, SwiftOption was advertised as equally suitable for beginners and seasoned traders. Recent user reports instigated a follow-up check of the investment platform it utilizes and the results are not as positive as they were before. The binary options broker is powered by Tradologic. Anyone who decides to get started with the profit amplifying solution will be granted a clear view of assets’ prices, but the instability of the software makes it highly unreliable.

The number of tradable assets, on the other hand, stays the same and its volume is quite big. There are over 200 of them, as well as 138 Forex pairs and 142 stocks. The available options are also a lot:Digital, Touch, Range, Turbo, One Touch and Advanced. Users also are presented with 5 Ticks from which to choose. Too bad the platform is on and off all the time.

Useful Tip:

The fact that the investment platform utilized by a particular binary options broker can not be relied on for a continuous period time means that it will most likely disappear from the online financial sphere for good. Unfortunately, this is how the scenario plays out in most cases.

Swift Option – Education Center

This binary options broker has its very own virtual Trading Academy. The said features numerous lectures, video tutorials and articles on different investment topics. Live Webinars with prominent financial experts are also organized, but not on a regular basis. There is also an Ebook available and users are obliged to have an active account with the brokerage in order to download and read it.

All in all, Swift Option’s digital Education Center is considered to be good. Traders should have in mind, though, that they will not always be able to reach it.

>> Visit Is-Scam Approved Broker < <

SwiftOption Brokerage – Customer Support

The binary options broker platform is available in English and Russian and so is the customer support service. The Slavic language one, however, is not always reachable around the clock. There is also no telephone number through which users can reach a SwiftOption team member. If concerns are not pending an immediate response, traders can opt to send them an email in which the problem or question at hand is handled.

SwiftOption – Deposit & Withdrawal Methods

There are many ways through which you can deposit investments with the binary options broker: credit and debit card transfers, Skrill, POLi, Neteller and many others. They process I instant and your funds are received by the brokerage straight away. Withdrawals are processed within 3 business days and users are required to fill out a request form and apply a copy of a personal ID.

Conclusion

Neutral_stamp_130x130pxThe SwiftOption binary options broker had a very stable performance rate in the last couple of months. It had high payouts and solid delivery of the provided services. However, its investment platform has been creating a lot of problems to online users being offline and then back on again, thus – losing people their entire deposits and ruining their trading experience. There are not enough facts to prove that the brokerage is scam, but it would be best if you choose a more safe and secure one to utilize as an income generating solution.

One Response to “Is Swift Option a Scam?”

  1. I have an account with swiftoption, I received email on Tuesday from swiftoption telling us their website is closing down within 48hrs, which it has as can not get on it to withdraw my money, have this a scam

Leave a Reply