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SWIFT TRADER

Severe riskForex / CFD broker
Comoros · 2-5 years · since 2023-10-19 · Swift Trader Ltd
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
12 reviews ›
0
Licenses ›
6
Withdrawal issues ›
$10
Min. deposit ›
1:1000
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Pro · $10ECN · $10Standard · $10
▲ 63% positive▼ 25% negative
Independent ratingshow third parties score this broker
WikiFX2.04/10
Trustpilot—/5
Forex Peace Army2.57/5
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No sign that SWIFT TRADER actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Comoros (offshore, light oversight)
  • Withdrawal complaints in ~75% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints6012%
Offshore registration808%
Transparency (site/info/social)2510%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSwift Trader Ltd
Headquarters Comoros
Founded2023-10-19
Years operating2-5 years
Employees0
Official websiteswifttrader.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods2 methods
Withdrawal methods2 methods
Instruments--
Registered address
106/3 Spring St, Sydney, NSW, 2000 Australia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Pro1:1000$10from 0.6--✓
ECN1:1000$10from 0.0--✓
Standard1:1000$10from 2.0--✓

Review analysis AI

SWIFT TRADER presents a severe risk profile. It claims regulation by Moheli Financial Services Authority (MISA) in Comoros, but Comoros is not a credible regulatory jurisdiction and the broker is not licensed by any major regulator. The broker's recent incorporation (2023) contradicts its claim of over 50 years industry experience. These factors, combined with extremely high leverage (up to 1:2000), make this broker unsuitable for retail traders.

Best for
  • None - high risk
Not for
  • Regulation-seeking traders
  • Long-term investors
  • Traders with concerns over fund safety
Period:
What users complain about
What users praise
Where reviewers are from
Japan4
Indonesia1
Australia1
Italy1
Nigeria1

Real user reviews

Where SWIFT TRADER operates

Active across 6 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇯🇵 Japan 1 complaint
🇮🇩 Indonesia 1 complaint
🇻🇳 Vietnam
🇧🇷 Brazil
🇭🇰 Hong Kong
🇦🇷 Argentina

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What SWIFT TRADER says about itself as stated by the broker · not independently verified by FXCanary

Account Types

Swift Trader offers three account types: Standard, Pro, and ECN. All accounts require a minimum deposit of $10 and offer a maximum leverage of 1:1000 according to known facts, but the website states maximum leverage of 1:2000. The Standard account has spreads from 1.2 pips, while the ECN account features spreads from 0.0 pips. The broker claims these accounts cater to both beginners and professional traders.

Trading Platforms

The broker provides the MetaTrader 5 (MT5) platform across desktop, web, Android, and iOS. It highlights MT5's advanced charting tools, 80+ technical indicators, automated trading via Expert Advisors, and one-click execution. The website claims that MT5 offers a 'comprehensive market analysis toolkit' and 'lightning-fast execution'.

Instruments and Leverage

Swift Trader advertises over 300 tradable instruments including forex, commodities, indices, and cryptocurrencies. For forex, it claims spreads as low as 0.1 pips on EUR/USD. Leverage is advertised up to 1:2000, allowing traders to amplify positions significantly. The broker also promotes zero commission on certain account types.

Regulation and Security

Swift Trader states on its website that it is authorized and regulated by the Moheli Financial Services Authority (MISA) in the Comoros Union. It claims to maintain segregated client accounts with top-tier banks and implement robust anti-money laundering policies. However, the broker is not licensed by any major regulatory bodies such as FCA, ASIC, or CySEC.

Deposits and Withdrawals

The broker supports deposits via Chippay and Tether (USDT) with instant processing and no fees. Minimum deposit is $10. Withdrawals are processed within 1-2 business days and are free for bank transfers. Swift Trader states it does not accept third-party payments and reserves the right to charge fees for inactive accounts or suspicious withdrawal patterns.

About SWIFT TRADER

Company Overview

Swift Trader is an online forex and CFD broker registered in the Comoros Union, operating under the brand name 迅鹰集团 (Xun Ying Group). The company was founded on October 19, 2023, and lists its registered address at 106/3 Spring St, Sydney, NSW 2000, Australia. Despite its short history, the broker claims to have over 50 years of industry experience, a statement that appears contradictory given its recent incorporation.

Regulatory Status

Swift Trader asserts on its website that it is regulated by the Moheli Financial Services Authority (MISA) in the Comoros Union. However, Comoros is widely regarded as a low-regulatory jurisdiction, and MISA is not a major financial regulator like the FCA or ASIC. Our records confirm that the broker holds no licenses from any reputable regulatory authority. This lack of oversight is a significant concern for traders seeking fund security.

Account Types and Trading Conditions

The broker offers three account types: Standard, Pro, and ECN. All accounts have a minimum deposit of $10 and, according to our records, a maximum leverage of 1:1000. However, the website advertises leverage up to 1:2000.

Standard account spreads start from 1.2 pips, while the ECN account offers spreads from 0.0 pips. The broker also promotes zero commission trading on certain accounts. These conditions are aimed at attracting both novice and experienced traders.

Trading Platforms and Instruments

Swift Trader provides the MetaTrader 5 (MT5) platform, available on desktop, web, and mobile devices. MT5 is known for its advanced charting tools, multiple timeframes, and support for algorithmic trading. The broker claims to offer over 300 trading instruments, including forex (50+ currency pairs), commodities, indices, and cryptocurrencies. This product range is typical for retail forex brokers.

Funding and Withdrawals

Deposits and withdrawals are supported via Chippay and Tether (USDT), with a minimum deposit of $10. The broker states that deposits are processed instantly with no fees. Withdrawals take 1-2 business days and are free for bank transfers. Swift Trader does not accept third-party payments and may impose fees for inactive accounts or irregular withdrawal patterns. These policies are common among smaller brokers.

Target Audience

The broker targets both beginner and experienced traders, emphasizing low minimum deposits and high leverage. Its marketing highlights 24/5 trading on forex, competitive spreads, and the MT5 platform. However, given the lack of regulation and short track record, Swift Trader is likely aimed at traders with a high risk tolerance or those willing to trade with unregulated entities. It may also appeal to traders in regions where such brokers are common.

Overview compiled by FXCanary from regulatory records and public data. full SWIFT TRADER review