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FxSway
Operating status: SCAM
Website: https://fxsway.com
Broker violations and abnormal records
FxSway claims to be owned and operated by FX SWAY LTD, is a multi-Asset broker located in Saint Lucia and Bulgaria, offering wide range of financial services, including Forex, Crypto, Stocks, Indices, Commodities and more instruments in global markets. But it lacks crucial regulatory information. A company that offers financial services must have financial license in the country where it is located.
Upon investigation, we didn't find any results in the Financial Supervision Commission (FSC) of Bulgaria.
We found that FX SWAY LTD is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities.
The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, FX SWAY LTD's financial services for forex trading are not legitimate.
The truth is that FxSway is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
FxSway is a scam.
FxSway claims to be owned and operated by FX SWAY LTD, is a multi-Asset broker located in Saint Lucia and Bulgaria, offering wide range of financial services, including Forex, Crypto, Stocks, Indices, Commodities and more instruments in global markets. But it lacks crucial regulatory information. A company that offers financial services must have financial license in the country where it is located.Upon investigation, we didn't find any results in the Financial Supervision Commission (FSC) of Bulgaria.We found that FX SWAY LTD is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities.The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, FX SWAY LTD's financial services for forex trading are not legitimate.The truth is that FxSway is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.FxSway is a scam.
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