Is Swapnex.io a Good Broker or a Scam?
Swapnex.io tries to attract clients with a claim of passive income. Beware of brokers that use this as a selling point. Trading should not be a steady source of income unless you are making an amount well beyond your means. The expression, “Don’t quit your day job” applies in this case. There are very few professional traders and it takes years to perfect a trading technique that is sufficient to make a living.
We Have Some Concerns with Swapnex.io
Swapnex.io boasts that it is “the best arbitrage trading company in the industry.” This would be impressive if it were true. Clearly, Swapnex.io is exaggerating its credentials with absolutely no proof. There is very little information that traders would need to know on the website. We see four account types, but that’s about all. No information about who runs the operation, no credentials or proof of them, no license and no reason to trust this broker.
Swapnex.io Red Flags
- No license
- False guarantees
- No transparency
- Negative reviews
Lost Money to Swapnex.io? Talk to Us!
ReportScamOnline experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Swapnex.io and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will launch an investigation that will bolster your claim.