Sword Capital Review SummaryFounded2013Registered Country/RegionHong KongRegulationDFSA (Revoked)Market InstrumentsCFDs on Forex, Energy, Metals, Agricultures, Indices, StocksDemo Account✅($10,000 in virtual funds)Leverage1:200 (Forex)SpreadFloatingTrading PlatformMT5 and Sword MobileMin Deposit$100,000Customer SupportTel: +1284 4325484Email: info@sword-capital.com; support@sic-brokerage.comX: https://twitter.com/sword_capitalInstagram: https://instagram.com/swordcapitalPhysical address: Kuwait Sharq Blk7 Tower44 Floor 19-18Gate Village, Building 04, Level 03 , Business Center , Office 02 Dubai International Financial Center, Dubai, United Arab EmiratesOffice No 6 1st Floor, Dekk House, Zippora Street, Providence Industrial Estate, Mahe, SeychellesEgypt Cairo – Nile City Towers – North Tower 22 Floor Established in 2013, Sword Capital operates as a financial brokerage firm based in Hong Kong, specializing in a diverse range of CFDs across Forex, Energy, Metals, Agricultural commodities, Indices, and Stocks. The company boasts comprehensive customer support services and offers leverage up to 1:200 for forex trading. However, it is noteworthy that Sword Capital is not regulated by any financial authorities.Pros and ConsPros Cons Various trading choicesRevoked DFSA licenseDemo accountsHigh commissionsMultiple trading accountsHigh minimum depositMT5 trading platformUnknown payment methodsComprehensive contact channelsUnreasonable trading chargesIs Sword Capital Legit? No, Sword Capital is not a legitimate broker. While it claims to have a physical office in Dubai, our survey team conducted a visit to Dubai, UAE, specifically to locate the dealership of Sword Capital. However, they could not find any logo or office at the publicly disclosed business address, suggesting that the provided business address might be fictitious.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Dubai Financial Services Authority (DFSA)RevokedSword Capital (DIFC) LimitedCommon Financial Service LicenseF004631What Can I Trade on Sword Capital? The tradable financial instruments offered by Sword Capital include CFDs across Forex, Energy, Metals, Agricultural commodities, Indices, and Stocks.Tradable Instruments Supported CFDs✔Forex ✔Energy✔Metals✔Agricultural commodities✔Indices✔Stocks✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Sword Capital offers four types of live accounts: Personal Account, Corporate Account, IB Account, and Hedge Fund Account. However, it has not provided detailed information on the differences and conditions of these accounts. In addition, it offers a free demo account with $10,000 in virtual funds for practicing trading skills.Leverage Sword Capital only mentions providing a leverage of 1:200 for forex trading, which is quite risky, especially considering that it is an unregulated broker. Therefore, you should avoid trading with Sword Capital.Spread and Commission Spreads at Sword Capital are influenced by market conditions. In terms of commissions, it typically charges $20 for trading one standard lot of most products. For stocks,the commission is $20 per 1000 shares.Trading Platform Sword Capital claims to offer the MT5 trading platform and a trading system called Sword Mobile. However, they list extremely unreasonable conditions on their website. If you use MT5, you need to deposit a minimum of $100,000, and you must either trade a minimum of 30 lots per day or pay $2,500 in fees per month. Based on these conditions, it's best to avoid this fraudulent broker altogether.Trading PlatformSupported Available Devices Suitable forSword Mobile✔Android, iOS/MT5✔PC, Android, iOSExperienced tradersMT4❌/Beginners