Global Broker Regulation Inquiry App
WikiFX
Thobani Dlalda 
1-2 years
Is Swift Trader regulated?
Broker Issues
Regulation
08-09
United States
WikiFX
Reply
Yes, Swift Trader is regulated by two authorities: MISA (Mwali International Services Authority) and ASIC (Australian Securities and Investments Commission). However, while ASIC offers a solid level of regulation, MISA's offshore status raises some concerns. From my perspective, this means there's a higher risk, as offshore regulations may not offer the same level of investor protection.
Similar Questions
What are the advantages of trading with Arqaam?
Nali5689
05-18
Is National Bank Financial (NBF) a safe and legit broker?
sweetosh
05-21
Have you encountered any drawbacks related to TopstepFX's customer service or the reliability of their platform?
Allan777
08-14
What are the risks of trading with APC?
helpneeded
08-23
In what ways does Al Dar’s regulatory standing help safeguard my money?
Phoebe Yao
08-11