Score

2.15 /10
Danger

Sword Capital

Hong Kong

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

United Arab Emirates Common Financial Service License Revoked

Suspicious Overrun

High potential risk

D

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Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index8.08

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Sword Capital Corporation

Company Abbreviation

Sword Capital

Platform registered country and region

Hong Kong

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Company summary

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Sword Capital · Company summary

General Information & Regulation

Sword Capital is a Kuwaiti financial company aiming to provide the best financial brokerage services locally and internationally. Sword Capital previously obtained a general finance license authorized by the Dubai Financial Services Authority, but this license is currently revoked.

Market Instruments

Tradable financial instruments offered by Sword Capital include commodities, stocks, futures, options, bonds, warrants, CFDs, mutual funds, and structured products.

Accounts & Leverage

Sword Capital has a variety of account types such as personal, corporate, IB, hedge fund, prime, and demo accounts.

Spreads & Commissions

Spreads on the Sword Capital platform range from 2-2.5 pips for major currency pairs and 2.5-8 pips for cross currency pairs, with only spread fees and no additional commissions. Spreads for energies are market-dependent, and commissions are $5 per lot, commissions for stock trading are $30 per 1000 shares, and spreads for index products are market-dependent, and commissions are $5 per lot.

Trading Platform

Sword Capital provides traders with the most popular trading platforms, such as MT4, MT5, and TWS Trader.

Deposit & Withdrawal

Sword Capital supports traders to withdraw and deposit funds from their investment accounts via Wire transfer, MasterCard, WebMoney, Yandex, bank cards, and cryptocurrencies. Traders withdrawing via wire transfer pay 0.8% (min. $85, max. $135) and 2% for withdrawals via WebMoney wallet.

Accepted Regions

Sword Capital does not offer its services to residents of certain jurisdictions, such as the USA, Iran, Cuba, Sudan, Syria, North Korea, or any country restricted by FATF.

Customer Support

Sword Capital customer support team is available 24/5 and can be contacted via telephone, email, Live Chat, and an online feedback form.

User Reviews

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User comment

3

Comments

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gatito nueve
more than one year
¡No negocie con Sword Capital! Totalmente una empresa de estafa. También leí en la sección de investigación de wikifx que no tienen ninguna oficina en los Emiratos Árabes Unidos.
¡No negocie con Sword Capital! Totalmente una empresa de estafa. También leí en la sección de investigación de wikifx que no tienen ninguna oficina en los Emiratos Árabes Unidos.
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2022-11-28 17:46
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FX1057653623
more than one year
Too high spreads and commissions, and also, too high withdrawal fees. What's worse is that they even don’t hold any legitimate regulations. If you’re a profitable trader, please don't waste your time on them.
Too high spreads and commissions, and also, too high withdrawal fees. What's worse is that they even don’t hold any legitimate regulations. If you’re a profitable trader, please don't waste your time on them.
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2022-11-27 12:25
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