There are a lot of companies online that are desperate to get you to invest with them. Some of them are worth checking out while others you shouldn't even hit with a ten-foot pole. One such company that you should be wary of is Swift Investing.
According to Swift Investing's website, they offer real estate investing, Forex trading, as well as binary options trading, along with the usual stocks, bonds, and cryptocurrencies. But there are a few things that should make you wonder about whether to invest your money with them.
So, let’s take a look at the company to figure out if they are worth your time and if you really can earn interest with their platform.
According to who. is, SwiftInvesting.com was registered March 16, 2012, and updated on April 27, 2018. This website has been around for some time, but there is no information on who actually owns the site. Nor will you find any information about who runs the systems.
The site offers an FAQ's page that gives you generic answers to some basic questions. One question, in particular, is about whether funds are secure. The answer states that the funds are separated from the company accounts and kept by “ICC intercertus Capital Limited” which resides in first-class banks.
However, they don't specifically state what banks they use to hold your funds. For all, you know they could be in foreign accounts that you can't get access to.
Another interesting bit about Swift Investing is their location which is clearly listed on the site. The physical address that is listed is in Florida. However, when doing a simple Google search on the address, you get a glass building. No information on Google Maps states that this building is used by Swift Investing.
Instead what you find is that it is a virtual mailbox with a Florida address. Another interesting fact about their address is that they offer two others outside the United States. One is in Dubai and the other Moscow. However, when looking up the addresses, again, you won’t find an actual location for this company.
The second thing is the phone number listed. When doing a reverse phone check, you will find that the number is a Texas number. If the company is based in Florida why is the area code from Texas?
Swift Investing offers several services that all deal with some form of investing. You have your Forex trading, real estate investments, binary options trading, cryptocurrencies, bonds, stocks, and other commodities.
Then there are the four “Swift Plans” that are listed. The pricing for these plans is a bit confusing. At first glance, you will find a “Pricing” tab in the navigation bar that will direct you to their “Swift Plans.” These plans are listed in US dollars; however, if you head over to their “Service” tab, you will find the same list which offers these plans in British Pounds.
It would seem that Swift Investing is trying to come off as an American company, but is failing to do so. The fact that they offer two currency plans doesn't make any sense. Especially since their “Terms and Conditions” page explains how if any lawsuit comes up it shall be enforced by the federal courts of the United States.
The site offers “referral bonuses” for those who sign up with one of their four “Swift Plans.” Depending on which plan you signed up under, determines the percentage you can make when you refer people to the site.
For the “Mini-Swift” plan you are looking at earning a 5% referral bonus. For the “Pro-Swift” there is a 6.5% referral bonus. The “Super-Swift” plan allows for an 8% bonus while the “Gold-Swift” allows you to earn 10%.
At first glance, you would think this site is a legit platform to invest your money with. However, when looking deeper into this company, you learn that they are not as trustworthy as they appear. The fact that some parts of their website are geared for the UK and other parts are for the United States is a major red flag.
Another red flag is the lack of information about what happens to your funds once you deposit it. While the site does claim that funds are put into a secure bank, it doesn't give you the name of the bank. Nor does this site offer any brokerage fees that you would have to pay if you trade stocks. If a company isn't completely honest with how they do business or who handles your money, you shouldn't do business with them.
When it comes to Swift Investing, the system is set up in such a way that it will eventually collapse if there aren't enough people being recruited to keep it afloat. The fact that this website has been around for a while, doesn't necessarily mean that it is a trustworthy site. It could have very well been sold and re-branded over the years.
When it comes to investing your money, do your research before depositing any funds. You could end up saving yourself a headache down the road. And as far as Swift Investing is concerned, steer clear of this platform. With false physical addresses and phone numbers, the chances of you losing your money or having it stolen are very high.