Broker Name – Swapnex.io
Broker Website – http://swapnex.io/
Headquarters or Area of Operation – Australia
Warnings – Not Recommended By Review Website Like Scam Victims Help
Introduction
Swapnex.io is an online trading company that offers the traders to buy and sell crypto at several currency exchanges. They offer several currency exchanges like Binance, Coinbase, Bithumb, Kraken, etc, on a single platform. They claim that they are the best arbitrage trading company in the market. They also offer a scheme for users to earn money on the platform by a referral link. If someone is registered on this platform and uses your referral link, you can get a commission for each referral. Read more information about this trading platform on Swapnex.io review.
Company details – Swapnex.io
The website of the company is registered as Swapnex.io. They provide two addresses of the company, one is operating from Australia, and the other address from Great Britain. There is no more information provided by the company like owner name, company address, phone number, email address, and employee details.
Swapnex is legit or not?
Swapnex is not following the law. They do not mention their regulatory status or certifications on the website. According to the Scam Victims Help investigation, it is proven that Swapnex is not a legit broker. They are involved in illegal activities like forex scams, cryptocurrency scams, bitcoin scams, or other scams. We advise you please, to stay away from this broker or any other unauthorized broker.
How does Swapnex.io work?
Swapnex.io also uses the same tricks that the others scammers used. First, they make false ads on the internet and social media. If someone shows interest in these ads, scammers will call back immediately and convince you to deposit an initial amount for investing. They also ask for bank details and email addresses because the main aim of the fraudsters is to steal money from new and innocent people. They ask for more funds again and again and would promise to make a good profit. Later user realizes that Swapnex.io is a scam broker and steals all the money from their crypto wallet or bank account.
Swapnex Customer Review
Scam Victims Help found that Swapnex got negative reviews and ratings on all sites. It is a major red flag that this broker is not legit. After reading all the negative and positive Swapnex.io reviews, we advise that investing with this broker is not safe, otherwise, you will lose your funds. We also provide a scam brokers list of 2021 and 2022 on our website that helps you to avoid scam brokers.
Conclusion
After reading all the reviews of all sites, it is clear that Swapnex.io is not a legit broker. It is an offshore and unregulated entity. If you are searching for an online trading platform, we advise you not to invest with this broker because Swapnex.io is a scam broker, and your fund is not safe with them.
If you are a victim of a Swapnex scam broker or any other unregulated broker, Scam Victims Help provides help with our consulting services. For chargeback, we provide a complaint form on our website, fill out a form and send it to us, and our team manages the rest of the things and recovers your fund.
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