Swapnex.io claims to offer passive income. This is deceptive, because no traders should be encouraged to give up their day jobs. This seems designed to attract desperate people who probably think they can make a job out of trading. This isn’t helped by false guarantees that Swapnex.io gives specific returns. No broker should be promising actual numbers and percentages of returns from trading.
We Have Found Some Problems with Swapnex.io
The main problem with Swapnex.io is that it has no license and no transparency. Every broker should have a current license from a reliable regulator, but Swapnex.io lacks this.
Without a license, there is no oversight or assistance for consumers who have complaints about brokers. This creates a significant problem for people who are looking for a safe place to trade assets. Therefore, we don’t think you should open an account with Swapnex.io and instead recommend opening an account with a licensed broker.
Red Flags Concerning Swapnex.io
What Should You Do If You Have an Account with Swapnex.io?
We do not recommend opening an account with Swapnex.io If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.