Swiftvest99 Review (swiftvest99.com Scam) – Forex Broker Reviews, Trading Platform Reviews

Swiftvest99 Review: A Comprehensive Analysis of the Forex Broker

In today’s dynamic and ever-changing financial landscape, selecting a reputable and reliable online trading platform is crucial for investors to succeed. With numerous options available in the market, discerning traders often struggle to find a brokerage that meets their needs. In this review, we will scrutinize Swiftvest99 (swiftvest99.com), a relatively new entrant in the market, to help you make an informed decision about whether to trust them or not.

Background Check
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Swiftvest99, an online foreign exchange (Forex) and Contracts for Difference (CFD) broker, was launched recently, with its headquarters in the Marshall Islands. The company claims to operate under the guidelines of the Securities and Exchange Commission (SEC) of the Marshall Islands, a relatively lenient regulatory environment. This raises concerns about its accountability and client protection measures.

Trading Platforms and Features
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Swiftvest99 offers a range of trading platforms, including a proprietary web-based platform, a mobile app, and MetaTrader 4. The latter is a popular choice among experienced traders, known for its flexibility and customization options. The web-based platform, although user-friendly, is criticized for its limited functionality and technical issues. The mobile app is available for both iOS and Android devices, allowing traders to stay connected to the markets on-the-go.

The company claims to provide access to various financial markets, including Forex, stocks, indices, commodities, and cryptocurrencies. However, its leverage options are quite limited, with a maximum of 1:500. This restricts the trading flexibility for both new and experienced traders.

Account Types and Fees
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Swiftvest99 offers three account types: Classic, Silver, and VIP. Each tier is designed to cater to different types of traders, with varying minimum deposits. Here’s a brief overview:

* Classic: $200 minimum deposit, 0.3-1.3 pip spread, and a 1:500 leverage
* Silver: $5,000 minimum deposit, 0.2-1.1 pip spread, and a 1:500 leverage
* VIP: $20,000 minimum deposit, 0.1-0.8 pip spread, and a 1:500 leverage

The company charges a 5% inactivity fee, which can add up quickly, especially for traders who do not actively trade regularly. Additionally, there are no clear provisions for withdrawals, withdrawal fees, or