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Sword Capital

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Operating status: SCAM

Website: https://www.sword-capital.com/

Broker violations and abnormal records
  • 2021-08-05 BrokersView has reviewed that Sword Capital is an unregulated forex broker
    Sword Capital claims to be regulated by the UK's Financial Conduct Authority (FCA) and Kuwait Capital Markets Authority (CMA). However, the CMA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Besides, we didn't find any regulatory information about this broker in the register of FCA. So Sword Capital is currently not regualted or overseen by any regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    Sword Capital claims to be regulated by the UK's Financial Conduct Authority (FCA) and Kuwait Capital Markets Authority (CMA). However, the CMA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Besides, we didn't find any regulatory information about this broker in the register of FCA. So Sword Capital is currently not regualted or overseen by any regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A

What account type does it offer? except for standard account

Jean Betons
Andorra
2022-12-01
ANSWER Sword Capital is not a licensed or regulated broker even though it states offers that look good to be true.Sword Capital claims to be regulated by the UK's Financial Conduct Authority (FCA) and Kuwait Capital Markets Authority (CMA). But first, CMA does neither issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Second, we didn't find any regulatory information about this broker in the register of FCA.The truth is, Sword Capital is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Sword Capital and trade with licensed brokers.
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