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Swiftfxbitrade Review: Swiftfxbitrade.com A Crypto Clone Scam

Swiftfxbitrade Review: Swiftfxbitrade.com A Crypto Clone Scam

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Swiftfxbitrade is a clone investment company of Bitcoin Cash Ltd. The platforms are identical in almost all aspects. One thing is for sure that these investment companies are not legit. All of them are only after investors’ money.

The company promises to help investors grow their capital. The entity is dealing with both forex and crypto investment. The other Ponzi scheme (Bitcoin Cash Ltd) only majors with digital currency investment.

Swiftfxbitrade features absurd figures on its website. The company shows the number of withdrawals that they have processed. If you make a judgment based on the information available on their platform, you will lose.

The company lacks transparency, and it does not have a great audience. Trading with this Ponzi scheme will cost you. You should not waste your time in a losing venture like this one. There is a better alternative in the market that you can use.

Invest with legit and trustworthy crypto trading companies that have been in the market for a long. It is essential that you only trade with an entity that other traders have tried. Otherwise, you will only end up trusting he wring ventures.

Swiftfxbitrade.com Review

Swiftfxbitrade is a platform that has grammatical errors on their website. This is a clear indication that the platform lacks professionalism. They are projecting absurd offers to their customers, but the entity does not have enough funds to hire a professional copywriter.

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The entity states that it presents investors an opportunity to earn through ‘feowx’ trading.  Since they are dealing with crypto and forex, we assume this is an error for the latter. The platform indicates that it has been dedicated to offering the best user experience for their clients.

Swiftfxbitrade Review, Swiftfxbitrade Platform

Swiftfxbitrade claims that it offers a secure platform. They even showcase the latest withdrawal and deposits for their clients. However, the data comes from a Ponzi scheme; therefore, you should not believe what they project.

They do not have a license. The only thing that the entity brags is a DDoS certificate. Your biggest worry should trust these fraudsters with your money. All the features that they brag about will not help you.

Swiftfxbitrade Team

The platform features their team on their website. These are the same people that Bitcoin Cash Ltd displays. The platform shows its account managers. However, the only problem is that these are stock images.

We do not know the real culprit behind this Ponzi scheme. The founder and his team are operating anonymously. Therefore, we do not have any information regarding their qualification. Trusting people that you do not know with your money is not a wise decision.

Swiftfxbitrade Investment Plans and Profits

The company has investment accounts accessible to their clients. Their cheapest plan is the starter plan that will give you returns within 20 hours. You have to deposit several funds worth $20 up to $200.

The promised profits range from 110%, 160%, 350%, and 400%. The more money you cash in, the greater the rewards. The notion is common with scammers. Their diamond plan requires traders to deposit an amount of $1000.

Swiftfxbitrade company promises to handle withdrawal requests instantly. Unfortunately, they do not have a customer who can verify they have cashed out successfully. Therefore, it is best to stay away from this losing company.

Swiftfxbitrade Withdrawal and Deposit

The platform is accepting funds via Bitcoin, Payeer, and Perfect Money. It is important to note that they do not allow you to issue a chargeback in all these methods. The red flag is vivid and shows the level of shadiness with Swiftfxbitrade.

The company allegedly process withdrawal requests instantly. The least amount of funds that you can cash out is 0.01 for Payeer and PerfectMoney option. For Bitcoin, it is 0.001B. The entity states that they do not have any hidden charges.

The Domain Insight

Swiftfxbitrade claims that it has been in operational for 774 days. However, a quick search on Whois.com will show you that the platform was registered in April 2020. The domain will expire on April 2021. The platform has no intention of being in the industry for long. Additionally, they have a very low traffic, which is another red flag.

Contact Details

The company does not indicate its actual location. They only claim to be based in the UK. However, Swiftfxbitrade is an offshore platform that targets newbies in the market. You can do so using WhatsApp, live chat, filling a contact form, or email to contact the firm.

All these methods allow the platform to remain anonymous. It will be challenging to track them down when there is no address. The company nonetheless states that they have responsive support. Kindly note that the support will only be dedicated when they need more funds from you.

Stay away from scammers. They are only after satisfying their greedy needs and have no intention of making their clients rich. Furthermore, there is not a single investor that has made returns from this entity.

Registration and Regulation

Swiftfxbitrade claims that it is registered in the UK. They state that the government permits them to conduct forex and crypto trading activities. Unfortunately, there is a big difference between being registered and regulated.

To operate legally in the UK, an investment company should have a license from the financial watchdog. Financial Conduct Authority monitors the activities of investment ventures in the United Kingdom. Unfortunately, Swiftfxbitrade is not in their database.

The entity does not partner with financial institutions. Therefore, the funds of investors are not kept in different accounts. The possibility of depositing money directly in the wallet of the scammers is very high.

Additionally, you will not be compensated once the venture exits the market. No advantage will come with investing in a Ponzi scheme. There are better companies in the market that you can use instead of Swiftfxbitrade.

False Testimonials

Swiftfxbitrade features fake testimonials from their clients. The testimonials indicate Bitcoin-cash.ltd name, which shows the link between the two companies. Ponzi scheme hires people to endorse them to the public.

This is not the first company we have seen using false information to market their business. The individuals’ lack of platform has used shows a lack of confidence. If the company is legit, then they should show proof of payment.

We would appreciate it if Swiftfxbitrade would prove the necessary evidence. Nobody has made any money using this dirty scam. Scammers use their money to market themselves on social media. Their main target is novice traders who do not have much knowledge of the market.

Final Verdict

Swiftfxbitrade is a clone Ponzi scheme that lacks originality. The company will not make you rich they will steal all your savings, leaving you high and dry. The location of this platform is not known. Once they exit the market, not even the authority can help you.

Additionally, the venture is using false testimonials to win over clients. The firm is not regulated, which is another red flag. You will not get fund safety from this entity. Avoid this scam at all costs. They are infamous in the industry.

Invest with legit cryptocurrency companies that are the best in the market. You will earn genuine returns as you enjoy funds safety. It is essential that you avoid platforms that are not reputable.

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One Reply to “Swiftfxbitrade Review: Swiftfxbitrade.com A Crypto Clone Scam”

  1. I was scam by this web site swiftfxbitrade
    They stold all of my money and they never release my earnings.i was never compensated.

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