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Swingfish.trade Review: is this a Scam?

Swingfish.trade Review: is this a Scam?

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SwingFish Trade is allegedly the trading place for all investors, and they generate trade signals for free to their customers. SwingFish Trade aims at delivering a platform where investors can receive messages at no cost, and the platform is non-profit.

The company aims to deliver traders advisory that is profiting. The company features a section showcasing the members online, and they have generated up to 360 trade signals.

Investors are promised that they can use free trading tools and know the trading truth behind the trading world. They also feature 43339 articles that you can use and understand more about the company’s activities.

They claim that the project is a community-based and that it’s for traders by traders. The main aim is achieving financial independence fast and the truth out in carrying the cost that is typically charged while receiving signals.

The company also features a trading room with live sessions completed, and they usually trade live sessions. The company should get a win rate of 51% and that they’ve been able to gain 18.85% with the massive trade volumes and more than 2000 trades completed.

The platform tries to win the investor trust by providing past trades that have been won, and the Lost businesses showing a higher win rate than the losses. However, we are looking to make profits. There are reasonable signal providers that you can rely on, and you encounter minimal risks when trading.

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Swingfish.trade Review

Swingfish.trade provides investors with live sessions which have a scheduled time for starting in the service not available during the weekends. They claim to deliver Fx and charts with no cherry-picks, and that live trading is done every single day.

Swingfish.trade Review, Swingfish.trade Platform

The company has a webcam that features an individual monitoring the graphs and the trade movement. Investors are also provided with a chance to associate and know each other through a chatting section, and you can join the chat whenever you choose.

The platform showcases a graph of the last 30 trading days in a cumulative gain with a win rate of 0.1% whether there is no link towards the winning trade that you can use to verify trade activities taking place and whether or not the figures are made up.

They claim that they believe a successful trader does not require money from beginners and is the main reason they provide their services and tools for free. They boast of partnership with companies that they can directly and positively reach their members, and it has a user-friendly site.

SwingFish Trader Rebate promises customers cashback on all the trades and that the discount is paid back to you. However, you have to pay $2 for the spread of up to 0.5 pips is inclusive. Investors can also open a funded trading account; they guarantee straight-forward profit shares guaranteed up to 5 million dollars buying power and that you get 50% of your profits.

EnFoid Lenders the learning platform the glens investors based on their guaranteed games on that you require no minimum investment amount with an interest of 9.95% per annum guaranteed. They claim that the dividends up to 0.35% weekly, and they even try to win your trust by showing the interest paid within a couple of weeks.

Customers can also partner with the platform and help spread the word they pay a 1% deposit and 6% profit commission for a lifetime.  Moreover, do not be so quick to invite your family and friends into the platform because how they generate the signals and the guarantee that your trade is going to pay you is not known.

Investors are also urged to support the investment firm by becoming a YouTube member, or you can be a discord server or choose to donate. The company seems straight forward and transparent, but there’s no positive feedback for us to recommend their legitimacy.

The platform also provides FX News and multiple journals they can read, and the signals are generated on different time frames. However, how you receive the signals is unknown, and also the time frame you should use is not mentioned, and this is a major red flag that is not noticed by any experienced investor in the trading world. You also risk dealing with unregulated brokers while trusting the signals provided.

SwingFish.trade tools

SwingFish Trade has several tools and resources that will help you in boosting your trade. The company offers resources that have currency divergence, currency Overbought, Economic Calendar, and News Services.

Investors can also receive cTrader indicators with the advantages such us: SwingFish Intra and swap. You can also use cTrader Algo/Bots, which entitles you to SwingGish Helper, Stop Syncer(Beta), TL-Trader for cTrader(Beta), and StreamDeck 4cTrader(Beta).

Signals

SwingFish.trade aims at providing investors with free signals and that you do not have to pay a single cost. They claim that the signals reflect on the personal opinions of analysts of members, and it’s not a trade advice.

The signals can be found on the blog and that they are provided with non-profit community service. They do not limit you to their signals because investors can freely add new signals to the ones they receive.

The claim that the signals are not there to make a profit for you and the trading someone else’s idea will make you reach closer to your goal. However, no information regarding the company owners or signal providers is available to investors.

Regulation and Customers Support

SwingFish Trade does not reveal any regulatory documents on the website, and you may end up trusting an unregulated platform. The company showcases transparency; however, they failed to provide relevant information such as regulatory data if at all, they hold any to earn the customer’s trust.

Regulatory data is critical, and failure to provide this information shows some hidden agendas in the investment firm. The company owners risk facing criminal prosecutions, and no information regarding the whereabouts is available.

They also do not avail of any contact information that you can use to reach the platform just in case you require assistance. Contact support is essential, and response towards your query needs to be instant before you deposit a single coin in the Investment firm.

Domain Insights

The company uses a registrar that allows them to hide information about the people behind the Investment firm. Namecheap Inc is the registrar they use and is mostly used by scammers for the ability to protect information that may lead to them.

The company was registered in 2017 March, and the registration expires in 2023 February. The domain name for the Investment firm is SwingFish.trade.

Final Verdict

The company fails to avail of any relevant information regarding the platform owners without this information; you should not trust investment firms to make a profit for you. The method of operation is also not well outlined, and you may end up making massive losses instead of profits.

They are legit regulated signal providers that you can rely on and make massive profits when trading and lower the risk you encounter. Furthermore, there is no positive feedback that you can depend on, and until there is any, we do not recommend this platform.

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