Swift Trader at a glance
Founded in 2023, Swift Trader is an international multi-asset retail forex and CFD brokerage operating primarily through Swift Trader Ltd (authorized by the Mwali International Services Authority / MISA in Comoros, License No. T2023364) and Swift Trader (Labuan) Ltd (licensed by the Labuan Financial Services Authority / Labuan FSA in Malaysia, License No. MB/25/0132). The broker provides market execution across forex pairs, equity index CFDs, precious metals, energy commodities, cryptocurrencies, and shares with leverage up to 1:2000 via MetaTrader 5 (MT5) across desktop, web, and mobile devices.
Swift Trader reports a founding year of 2023 and a head office in Labuan, Malaysia. It lists 2 regulators and 3 trading platforms.
BrokerBazaar verdict
Swift Trader (Swift Trader Ltd / Swift Trader (Labuan) Ltd) is an offshore retail foreign exchange and CFD broker established in 2023. Operating primarily under the Mwali International Services Authority (MISA Licence No. T2023364) with money-broking licensing in Labuan, Malaysia, it provides high dynamic leverage up to 1:2000 and MT5 execution. Given its offshore licensing profile and absence of Tier-1 regulatory backing or statutory deposit insurance, it carries moderate-to-high counterparty risk.
Legal entities, regulation and licences
Swift Trader operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Swift Trader states that it accepts clients from International availability across Asia, Africa, Middle East, and Latin America (Strictly excluding the United States, Canada, European Union retail, United Kingdom, Japan, and sanctioned jurisdictions). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex Pairs (Major, Minor, Exotics), Equity Index CFDs, Precious Metals (Spot Gold, Silver), Energy Commodities (Crude Oil, Natural Gas), Cryptocurrency CFDs, Share CFDs. Platforms: MetaTrader 5 (MT5 Desktop), MT5 WebTrader, MT5 Mobile (iOS / Android). Account types: Standard Account, Pro Account, ECN Account, Velocity Account, Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: High Leverage, Micro Lot Trading, 0.0 Pip Spreads, MetaTrader 5, Dynamic Leverage, ECN Trading, Low Minimum Deposit, Offshore Broker.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $10 ($10 baseline minimum deposit on Standard and Micro/Mini tiers; $50 on standard retail; $1,000 on Pro and institutional accounts). Spreads start from From 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is Up to 1:2000 (by entity) (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (yes). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Credit Card, Debit Card (Visa / Mastercard), Bank Wire Transfer, Cryptocurrencies (USDT, BTC), Local Asian Bank Transfers, E-Wallets. Withdrawal methods: : Bank Wire Transfer, Credit / Debit Card, Cryptocurrencies, E-Wallets.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: hedging.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: compliance@swifttrader.global. Phone: +27 010 500 9427. Customer complaints are formally processed by the Legal and Compliance Department of Swift Trader Ltd at Bonovo Road, Fomboni, Island of Mohéli, Comoros Union (or Swift Trader (Labuan) Ltd in Malaysia). If a dispute cannot be resolved directly with the firm, international retail clients have recourse to file inquiries with the Mwali International Services Authority (MISA). Client deposits are kept in segregated bank accounts separated from the broker's operating funds. However, because the primary retail entity operates under an offshore Comoros MISA licence without Tier-1 authorizations (such as the UK FCA, ASIC, or CySEC), clients do not benefit from statutory investor compensation schemes (such as the UK FSCS or European ICF) in the event of broker default or insolvency.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: High dynamic leverage scaling up to 1:2000 on major currency pairs
- Strength: Full platform support across the complete MetaTrader 5 (MT5) ecosystem for desktop, web, and mobile
- Strength: Competitive raw ECN pricing starting from 0.0 pips paired with transparent commissions
- Strength: Low barrier to entry with a $10 baseline minimum deposit on standard accounts
- Strength: Native support for automated algorithmic trading, Expert Advisors (EAs), and hedging strategies
- Limitation: Primary retail trading volume is overseen by offshore Mwali (MISA, Comoros) without Tier-1 regulation
- Limitation: No statutory investor compensation scheme protection (such as the UK FSCS or Cyprus ICF) in case of insolvency
- Limitation: Short operational corporate track record having been established relatively recently in 2023
- Limitation: Spread costs on standard accounts can be noticeably wider than institutional tier averages
- Limitation: Retail onboarding is unavailable to residents of the United States, United Kingdom, and the European Union
Who this broker suits, and who it does not
Swift Trader is most relevant to traders looking for: High Leverage, Micro Lot Trading, 0.0 Pip Spreads, MetaTrader 5, Dynamic Leverage, ECN Trading, Low Minimum Deposit, Offshore Broker.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Swift Trader change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Swift Trader yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Swift Trader
Data sources. Broker submission, the regulator registers linked above, Labuan FSA list of money brokers; swifttrader.asia, web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: Trustpilot 3.5/5; Traders Union 3.7/10; WikiFX 1.57/10.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Swift Trader through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.