✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker btcswing (also called btcswing.com), is a Forex, Cryptocurrency and CFD broker. Is Btcswing really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
You might be wondering why we review Btcswing. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: Almost Identical SRO (although this is proven to be false).
✅ Regarding its location, the broker mentions being based in: Czech Republic (this information is also false).
✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
If now we go on to analyze account types offered by Btcswing, we note that it offers 6 different types of account / plans: Micro Account, Mini Account, Silver Account, Gold Account, Diamond Account and VIP Account. We will leave you an image with a little information about each type of account.
Micro account: minimum initial deposit up to 0.5 BTC, up to 1:20 leverage, monthly market reviews, up to 10% loan margin.
Mini Account: minimum initial deposit up to 2 BTC, up to 1:25 leverage, monthly market reviews, up to 25% loan margin, weekly live trading webinar.
Silver Account: minimum initial deposit up to 10 BTC, Leverage up to 1:30, Monthly Market Reviews, Up to 35% Loan Margin, Weekly Live Trading Webinar, Personal Account Advisor.
Gold Account: minimum initial deposit up to 20 BTC, Leverage up to 1:35, Monthly Market Reviews, Up to 50% Loan Margin, Weekly Live Trading Webinar, Personal Account Advisor, Personal Broker, Weekly 1-to-1 Sessions.
Diamond Account: minimum initial deposit up to 45 BTC, Leverage up to 1:40, Monthly Market Reviews, Up to 75% Loan Margin, Weekly Live Trading Webinar, Personal Account Advisor, Personal Agent, Daily 1-to-1 Trading Sessions, VIP Event Invitations.
VIP account: minimum initial deposit more than 45 BTC, up to 1:50 leverage, monthly market reviews, up to 100% loan margin, weekly live trading webinar, personal account advisor, personal agent, 1 to 1 daily trading sessions, VIP event invitations, majors payouts, tighter spreads.
In the following image you can have more information about the types of account. Click here to see image 1 in full size y Click here to see image 2 in full size
La platform to operate that Btcswing offers is: a own platform.
We will now analyze the different resources and aids for the trader that Btcswing provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
Btcswing provides the following aids or resources to traders or stakeholders: some live charts, explanations of basic concepts, information about the company, really not much more than this.
| Other information about btcswing |
Some more information in case you want to contact the company, or see its website for yourself.
Website: btcswing.com
Telephone: does not have.
Email: [email protected]
>>> Assessment on btcswing <<
Ending with this section, in our opinion Do we believe that the company btcswing is trustworthy? Should you invest your money with the company?
⛔ Attention ⛔ : in March 2021 CNMV added btcswing to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV March 2021 warning
⛔ Attention ⛔ : in May 2021 AMF (France) added btcswing to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to AMF May 2021 warning ⚠️
⛔ Attention ⛔ : in August 2021 FMA added btcswing to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the FMA August 2021 warning ⚠️
November 2020 update
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”736 ″]
This company is a hoax. My husband was scammed, don't do it, you'll thank me later. Greetings.
Hi Elizabeth, thanks for writing about Btcswing. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.