Another absurd broker is SwiftTradeOption, and they are using false American registration certificates. A broker who goes the length of using false credentials from a non-existing regulator is trouble.
All evidence points to Swift Trade Option being a ruthless broker that shows no mercy. These brokers tarnish the good online trading name, and we must expose them, no matter the cost. SwiftTrade Option is even using the design of other online scams. Learn more in this honest SWIFTTRADEOPTION Review.
A smart investor will trade using experts who have a proven track record. These experts offer a valuable trading experience that’s unmatched. Make the wise decision and sign up with commendable brokers who have what it takes. The brokers come highly recommended by trading experts. Sign up with credible brokers who will openly share their expertise with you. Learn more about trading thanks to the expertise these brokers offer.
SwiftTradeOption is a replica of other online scams; they have just made a few changes. One of them is using false credentials and trying to fool everyone with their trading lingo. Thanks to our keen eye, we do know how to spot the red flags.
Since these scam artists are human, they are bound to make mistakes. We will expose these mistakes and ensure that no one falls for their trap. The platform must not steal from investors.
Once you land on their homepage, you might easily fall for the design. These scam artists know for a fact that no investor will bother to check out their credentials. Since we have years of online experience, we know when a broker is lying.
👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it. What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.
The first sign is having a website design that looks similar to other scams. It means that the broker lacks imagination or is an associate of other platforms.
Your funds are far from being safe with this bogus broker. All evidence points to an offshore broker who is trying to steal from unsuspecting investors. The lack of transparency in regards to their address raises suspicion.
We know for a fact that the broker hasn’t made any deposit to regulators. If they did, they would have valid trading credentials. Those that sign up and deposit with the platform won’t get insurance cover for their funds.
The owner of this website remains unknown, which is another huge problem. A broker who claims to be reputable should be open to scrutiny. The broker should openly show himself to the world.
If the platform is lucrative, as they claim, the owners would want some form of recognition. It’s funny that there’s not a single mention of the owner or people running this platform. Anonymity is what we see with this website, and the risks outweigh the reward.
What is weird is that the broker claims to be reputable, yet we see no positive comments. We tried checking with online trading forums and social media platforms. None of them had any positive comments regarding this broker.
We saw a few comments that said their experience before signing up was spooky. It seems the broker was asking too many questions, which led most to flee.
If you are in doubt when signing up with any website, check domain checker tools for information. Thanks to domain checker tools, we can learn more about this website. According to whois.net, the website is two years old.
The exact date the site went live remains unknown. For those two years, there has been no positive review on the platform. We could not find any mentions on Social media pages. It goes to show that this may be a parody website.
SwiftTradeOption is offering investors four account types to choose from. These accounts include Starter, Gold, Premium, and Legend. The minimum deposit for the Starter account is $300, which is an absurd amount.
Investors should know that the set industry minimum deposit is $250. Any broker asking for more is obviously taking you for a ride. All these accounts also come with a guarantee in profits.
Since the broker offers a guarantee in profits within a short period of time, this is another red flag. The four accounts come with a guarantee that the broker will make a profit. No market does not incur losses.
These claims are unfounded and meant to hype the attention the scammer seeks. There’s no such thing as a profit guarantee in online trading. A 45 percent profit guarantee within 14 days is an impossible task.
The contact page is another blank disregard of trading practices. Instead of having live chat support, the broker is using it to get personal information. You get a message that all agents are busy, and someone will soon come to help you. The wait was long enough to boil a crate of eggs.
Beware of the people you share your information with. These scam artists are also in league with hackers to steal your identity.
You can deposit using Bitcoin or Perfect Money. The broker is also allowing wire transfers for those without these options. Depositing funds with the broker is easy; withdrawing money is another task altogether.
For the two years the platform has been in existence, and no one has made any withdrawals. There’s no proof that you can profit and withdraw from this platform. The best option is to stay away and use recommended trading entities.
Another way of fooling investors is using video testimonials. These are paid actors who will do anything to get paid. Most of them get these gigs from Fiverr and other video-related jobs.
One of those people on the testimonials page is on other scam sites claiming to have won big. Don’t trust a broker who fails to offer transparent information about the trading platform.
SwiftTradeOption is not a legal broker and does not have any documents to prove it. The registration document they provide is fake. No regulator in the United States regulates brokers by the name Business State License Board.
The CFTC and SEC are the only Forex regulators in the United States. These scam artists are using false documents to try and prove their authenticity.
You can see that the issue date of the license is September 19, 2010. The platform went into existence two years ago. These are the mistakes scam artists make, and our job is to expose them. Without a valid license from CFTC and SEC, the broker will run away with your funds.
It’s just a matter of time before authorities catch up or the broker shuts down the platform. Either way, it’s best to steer clear.
SwiftTradeOption is a scam that is waiting to pounce on your hard-earned money. Stay away from the platform, or else risk losing your entire deposit. These scam artists will stop at nothing and will try their best to get your bank details.
There’s no way we can recommend a broker that’s using false credentials. We hope that authorities will shut them down.
Sign up with reliable trading experts to increase your chances of making realistic profit margins. It’s what you need for a successful trading experience.
We wish everyone a happy and prosperous trading experience.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.