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Regarding the legitimacy of SW MARKETS forex brokers, it provides a comprehensive investigation into the security aspects of regulatory VFSC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Influence D

License

VFSC Revoked

Is SW MARKETS safe?

The regulatory license is the strongest proof.

Retail FX

VFSC Retail Forex License

Vanuatu Financial Services Commission

Vanuatu Financial Services Commission

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Retail Forex License
  • Licensed Institution:

    SW Markets Global Ltd SW Markets Global Ltd
  • Effective Date: Change Record

    2023-06-02
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    --
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

Is SW MARKETS a scam, or is it legit?

The latest exposure and evaluation content of SW MARKETS brokers.

Scam platform
I once set up an account on SW markets and was given $30 for trading. When I used that 30 dollars to trade until 4 am, the profit was 52.89 dollars. Total is 82.89 dollars. At that time, it was also time for the exchange to close. And at 5am when the exchange returned, I re-entered my account and found that there was no money left and the system sent me a message that the withdrawal request was successful. While I haven't made any withdrawals and haven't even linked my bank account yet. At that time I thought it was a mistake to find support on the floor but there was only online support and it said that the online support system was not available, and there was no other way for me to contact and support. complaints. then I know this is a scam platform. I went to chplay to see their app and saw all fake comments, not real people, there was only 1 comment that was a real person and it cost him $100 like me. So I wrote this article to hope that everyone would be alert and avoid this platform, so don't download and recharge to avoid losing money.
Steal money
I have created an account and was given 30 dollars to trade. When I trade until 4 am my profit + principal is 82.89 dollars. and at 5 am when the floor reopens, I go back and see my account. I have no money left. I was surprised at the network error and logged out and checked again, only to see that the system side sent me a message that successfully requested a withdrawal of $ 82.89 while I did not request a withdrawal and even my account. I am not linked to my bank account yet.
SW MARKETS's latest industry rating score is 1.50, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. SW MARKETS If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.