SwithyTrade
Company “SwithyTrade” offers a wide range of services in investment management, risk management, and consulting services for institutional investors. The official website of the financial intermediary states that the company operates under two domain addresses: swithytrade.com, client.swithytrade.com, web.swithytrade.com.
The main advantages of the brokerage company include:
- narrow spreads,
- fast order execution,
- wide range of markets,
- powerful trading tools,
- no requotes,
- best industry prices,
- reduced commissions,
- multilingual customer support.
The broker’s official website is available exclusively in English, without alternative language versions. Providing legal information on the site remains out of sight, and contact information is presented in the form of email. Clients can seek assistance from the support service through an embedded chat on the site.
The list of available assets for trading includes stocks, cryptocurrencies, indices, Forex, metals, and oil. The trading platform is available on both PC and mobile devices, and the option to use a PAMM account to expand trading opportunities is also offered.
Clients also have the option to copy trades of experienced investors, and for premium clients, a separate account type is provided, offering a full range of opportunities for experienced investors.
Information on account funding and withdrawal methods is not available on the company’s website. Details on commissions, withdrawal timeframes, and other important specifics will only be available when making corresponding transactions.
In conclusion, Company “SwithyTrade” presents itself with a lack of information, which could negatively impact the perception of new clients. Transparency plays a crucial role in client relationships, and in this case, the broker should pay attention to this aspect. Before registering and funding their account, clients are advised to more thoroughly familiarize themselves with the company information and review feedback from other investors.
My experience with SwithyTrade was underwhelming, to say the least. Their so-called user-friendly platform was convoluted and far from intuitive; I found myself constantly struggling to navigate and perform simple tasks. On top of that, the customer service was extremely disappointing. Whenever I had a query or issue, I was met with delayed responses that, more often than not, failed to effectively address my concerns. To add to the frustration, the fees were not transparent. I kept encountering hidden charges that were not clearly explained in their fee structure. I think it’s safe to say that I will not be using SwithyTrade for my future transactions. Very poor service all around.