About Tradeswift
Background and Registration
Tradeswift is an Indian broking and wealth management firm headquartered in Jaipur, Rajasthan. According to public records, the entity was incorporated on 18 July 2019, though the broker's own description claims establishment in 2003. The registered office is located at 4th Floor, Baid House, 1, Tara Nagar, Ajmer Road, Jaipur - 302006.
The broker operates under the corporate name Tradeswift Broking Private Limited (CIN U67120RJ1996PTC023722) and also references Tradeswift Commodities Pvt. Ltd. and Tradeswift Derivatives Pvt. Ltd. in its disclaimers.
FXCanary's review notes that the broker is not regulated by any financial authority specifically for forex or retail CFD trading. The firm holds memberships in Indian stock exchanges (NSE, BSE, MCX, NCDEX) and a depository participant license (CDSL), which are relevant for securities and commodity broking but do not cover leveraged forex or CFD activities.
Services and Products
Tradeswift offers a range of services including equity broking, commodity broking, currency trading, and portfolio management services (PMS). The equity broking segment allows clients to buy and sell shares of Indian companies. Currency trading is available, though it refers to Indian currency futures rather than spot forex. The PMS is aimed at high-net-worth individuals seeking professionally managed equity portfolios. Additionally, the broker provides depository services through CDSL.
The broker positions itself as an integrated wealth management platform, combining broking with research-backed advisory. Its target audience appears to be Indian retail investors and HNIs interested in domestic securities and commodity markets.
Account Types and Opening
Tradeswift offers demat and trading account opening online with a claimed turnaround of under five minutes. The process requires PAN card, Aadhaar card, a signature on blank paper, and a cancelled cheque. Clients can choose between online/offline association, a prepaid brokerage account scheme, or becoming an authorised person.
No minimum deposit or trading volume requirements are disclosed on the website. The broker does not specify standard account tiers, but the prepaid brokerage option suggests alternative fee structures. Account opening is limited to Indian residents with valid KYC documents.
Platform and Tools
Tradeswift does not provide detailed information about its trading platforms on the public website. There is no mention of proprietary software or third-party platforms like MetaTrader. The broker likely offers web-based and mobile trading access, as inferred from the eKYC portal and equity/commodity pages.
Given its focus on Indian markets, the broker may provide tools for equity and commodity trading, but specific features such as charting, order types, or analytical tools are not described publicly. Clients may receive research and advisory support as part of the service.
Regulatory and Licensing Status
Tradeswift holds a stock broking registration from SEBI (INZ000166439) for trading in BSE, NSE, MCX, and NCDEX. It also has CDSL depository participant registration (IN-DP-83-2015) and AMFI registration (ARN-77711). These licences authorise the firm to operate as a stockbroker, commodity broker, and depository participant in India.
Crucially, Tradeswift does not hold a forex broker licence from any regulatory body. Currency trading is limited to exchange-traded derivatives on the Indian rupee. The firm is not authorised to offer retail leveraged forex or CFD products to international clients. For Indian residents, this means access to regulated equity and commodity markets, but not speculative forex or CFD trading typical of international brokers.
Funding and Payments
The broker does not publicly specify accepted payment methods for deposits or withdrawals. Based on industry norms for Indian brokers, clients likely transfer funds via bank transfer, NEFT, RTGS, or UPI. The eKYC portal does not list payment options before account activation.
No information is available regarding processing times, fees, or currency conversion. Given the domestic focus, the broker likely handles only Indian Rupees. Traders should clarify payment terms during the account opening process.
Customer Support and Transparency
Tradeswift provides multiple contact channels: phone, WhatsApp, email, social media, and a callback request form. The website includes an FAQ section covering common concerns. However, the broker does not publish key operational details such as execution policies, order routing, or conflict of interest disclosures.
Transparency regarding spreads, commissions, and fees is limited. The broker's disclaimers state that stock views and analysis are for assistance only and not investment advice. Risk disclosure documents are available for download. Overall, while contact options are ample, the lack of clear pricing and terms may leave potential clients with unanswered questions.
Overview compiled by FXCanary from regulatory records and public data. full Tradeswift review