Scam Brokers

SWI 1 OPTIONS

Summary

SW1 is an online binary options broker located in Wimbledon, London and Sharjah UAE. Initially, after receiving bad reviews, the company claims to have taken steps in the right direction by changing their management. Our review will try to explore if the company deserves a second chance and look at what it has to offer.
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THIS BROKER ISN'T LICENSED

SW1 Options Scam Review

SWI 1 OPTIONS REVIEW: SCAM OR NOT?

ACCOUNT TYPES:

SWI offers up to four different types of accounts for the investors to choose from. The accounts offered are:

  • Basic – it involves one on one trading
  • Premium- it includes an account manager
  • Platinum – it includes trading tips
  • PPP- it includes a private placement program and unlimited strategy.

sw1 accounts

EDUCATIONAL RESOURCES:

Like most online brokers, SW1 offers extensive educational resources to new traders. The most important resource is the ‘one on one training’ that can be requested by providing your personal details. They also have an E-book guide listed on their website. Apart from this, their FAQ section also provides a lot of information and is a good way to learn since they have answered many trading related queries.

WITHDRAWAL:

Withdrawal is the most crucial step of the trading process as most scams take place during this step. SW1 provides a PDF form which is to be printed, signed, scanned and emailed to their compliance officer for withdrawals. If everything matches up the withdrawal is sent to the clients in less than a week. They might also request a copy of the client’s ID due to their anti-money laundering policies. A client can request withdrawal 24/7and a reason need not be provided for the same.

CUSTOMER SUPPORT:

A fast and a competent customer support is a prerequisite of any firm since there is a huge amount of money invested by the clients. SW1 can be contacted via phone at +44 02035147878 and via email at info@SW1-options.com

CONCLUSION:

One should be cautious of their previous history but we would not recommend opening an account with them. Learn More About Brokers Scams, Here.

THIS BROKER ISN'T LICENSED

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