Welcome to our Swiftoptmarket Review regarding the website that was used to be found at Swiftoptmarket.com.
Did they scam you? Please let us know by commenting below and we’ll be glad to help you recover your funds.
On June 15, 2023, someone who reported losing $5000 filed the following complaint with the BBB (Better Business Bureau) regarding a cryptocurrency scam:
This fraudulent website masquerades as a legitimate stock and cryptocurrency trading platform. Seeking guidance on entering the trading world, my girlfriend created an account with this company. She deposited approximately $4,500.00 into her supposed “account” and attempted to make a withdrawal, only to discover that they required her to “upgrade” to a premium account first.
Unfortunately, I also fell for their deception and gave her $500.00 to unlock the so-called “premium” account, only to have them take the money without granting us access to withdrawals. It became evident that it was a scam when we encountered extreme difficulty in retrieving our funds. Despite attempting to reach out to their tech support via text, they persisted in pressuring us to “upgrade,” even though we had already done so.
The complainer provided the following information about the scammer:
- Email: logo support@Swiftoptmarket.com
- Telephone: (660) 528-0317 (a Missouri, USA number)
- Website: https://swiftoptmarket.com/
So is Swiftoptmarket.com a SCAM?
The domain Swiftoptmarket.com was registered on June 19, 2022, for one year through OwnRegistrar, Inc. The individual responsible for the registration is John Donovan, affiliated with Fred Eco Fleet. The contact information provided is as follows:
- Registrant Contact Name: John Donovan
- Organization: Fred Eco Fleet
- Street: 6117 Lorimer St, Dayton, OH, 45417
- City: Dayton
- State: Ohio
- Postal Code: 45417
- Country: United States
- Phone: +1.2160033953
- Email: firstname.lastname@example.org
Trellian Pty. Limited hosts it.
According to SimilarWeb, in May 2023, the website received 274 visits, in April 416, and in March 108, however, currently, as of June 23, 2023, the website is down.
The website has 34 backlinks from 6 referring domains, including wikifx.com and fxeye123.com.
Information from the Google Index & Cache
Some pages are still indexed on Google so we can learn something about what this site was all about.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
Swiftoptmarket.com appears to have been an online trading and investment platform, with a focus on popular cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin. The platform promoted itself as a reliable destination for both trading and investing.
The site also seemed to have features allowing users to create an account and sign in, pointing to a likely structure that involved user profiles or personalized trading experiences.
One search result refers to “Silwana Diamonds,” suggesting the platform might have also offered trading or investment opportunities in other commodities or assets apart from cryptocurrencies. However, without more information, it’s hard to make a definite conclusion about this aspect of the platform.
Moving forward we look at the cached version of the indexed pages.
Swiftoptmarket.com/trading/register.html was a registration page for a company or platform called “FX Crypto Options.” The copyright notice said: “© Copyright 2021 Silwana Diamonds All Rights Reserved.”
The login button led to a different website, https://fxcrypto-options.com/trading/login.html.
We also have a complete copy of their homepage from the Google cache. It provides an overview of the site’s features, offerings, and operations as a digital trading and investment platform.
Services and Products
The platform specialized in trading a broad range of financial assets, including cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, and EOS), Forex, indices, and commodities, with a prominent focus on cryptocurrency.
The site encouraged both buying and selling of these assets with leverage, giving traders the ability to increase potential returns.
The platform also allowed for both long and short trading, enabling users to profit from both market rallies and declines.
The website promoted a range of features designed to attract traders.
It provided leverage of up to 100x on various cryptocurrencies and five different order types and claimed to have secure wallets for digital assets.
A notable feature was the platform’s promise of instant Bitcoin deposits, a relatively low 0.05% trading fee on all assets, and a $1,000,000 giveaway promotion.
User Registration and Benefits
Users could create accounts with different investment plans ranging from ‘Starter’ to ‘Diamond’.
These plans offered daily profits ranging from 2.5% to 15%, with varying benefits such as daily analytical market updates, regular promotional email alerts, regular webinars, and free trading signals ranging from one month to one year depending on the plan.
Swift Options Market outlines several investment plans on its homepage:
- Starter: For investments ranging from $300 – $1,499, they promise up to 2.5% Daily Profit with additional perks like daily analytical market updates, reliable customer support, regular promotional email alerts, and entitlement to regular webinars.
- Platinum: For investments ranging from $1,500 – $4,499, they promise up to 5% Daily Profit with the same perks as the Starter plan plus one month of free trading signals.
- Bronze: For investments ranging from $4,500 – $9,999, they promise up to 7% Daily Profit with the same perks as the Platinum plan.
- Gold: For investments ranging from $10,000 – $14,999, they promise up to 10% Daily Profit with the same perks as the Bronze plan plus three months of free trading signals.
- Diamond: For investments ranging from $15,000 – $100,000, they promise up to 15% Daily Profit with the same perks as the Gold plan plus one year of free trading signals.
They also mention that users can increase their cryptocurrency profits by using leverage (margin), and an example given suggests that for every $1 invested, you can get a buying power of $100.
While it is certainly possible to make profits in the cryptocurrency markets, the promise of daily profits of up to 15% seems highly unrealistic and raises red flags. The cryptocurrency market is known for its volatility, but even during its most explosive periods of growth, returns of this magnitude on a daily basis are practically unheard of. This high daily return suggests a level of risk that is not mentioned in their plan details.
Furthermore, any investment that offers guaranteed returns, especially daily and as high as up to 15%, is typically a sign of a possible scam. Such promises are commonly used in Ponzi schemes, where new investor funds are used to pay returns to earlier investors, rather than actual investment gains.
Finally, the promise of getting a buying power of $100 for every $1 invested suggests a leverage of 1:100. This degree of leverage introduces an extremely high level of risk. High leverage can magnify profits, but it can also magnify losses, potentially wiping out the entire investment if the market moves unfavorably.
Partnership and Referral Programs
The site also ran a referral program where users could become affiliate partners and earn up to 20% of the trading fees incurred by their referred users.
How to Buy Cryptocurrency
The site provided guidance on how to buy cryptocurrency, recommending various third-party platforms like localbitcoins.com, blockchain.info, paxful.com, and coinbase.com.
Security and Regulation
The website highlighted its focus on security and mentioned that a majority of the digital assets were held in cold storage.
It also claimed to have a certificate from the Dubai Financial Service Authority, validating its business operations.
The website also included testimonials from individuals who claimed to have profited from using Swift Options Market’s services, contributing to their credibility and reputation.
However, the testimonials seem fake as the same text is featured on various other websites that appear to be scams. For example, one testimonial says
I have recently joined this platform which has already helped me make up to $7000 weekly from my phone while at college
The same exact text can (or could) also be found on the following websites:
- tradercoinsfx.online (defunct)
And many others!
Contact and Legal Information
The site provided contact information, including an email address and phone number, along with addresses in Dubai and the USA.
The copyright line reads: “Swift Options Market © 2021. All rights reserved.”
Telephone: +1(660)-528-0317 (a Missouri, USA number)
- 2455 Suite 216 – Dubai, UAE (not a valid address)
- 419 SW. Morris Drive Newtown, PA 18940 USA (not a valid address)
- 12 Pennsylvania St.Garfield, NJ 07026 USA (not a valid address)
Links to social media did not work.
It noted that it doesn’t accept users from countries where its activities must be licensed, accredited, or regulated.
Users were reminded to verify their local laws before using the site.
It’s important to note that despite the promises and claims made by the website, there were inherent risks involved in trading and investing, particularly with high-leverage products. These risks were disclosed in the site’s disclaimer.
FXCrypto-options.com was officially registered on August 14, 2022, and its registration is valid for one year. The registration process was facilitated by PDR Ltd., also known as PublicDomainRegistry.com, on behalf of the Registrant Contact.
The contact person associated with the registration is Dawson Alexander, representing Fastfxtcoin. The address provided for Fastfxtcoin is 29 Corporate Drive, Texas, Dallas, TX, 75001, United States. Should you need to reach out, you can contact Dawson Alexander at the following phone number: +1.4465065655 or via email at email@example.com.
Hetzner Online hosts the website, which, according to SimilarWeb, received 736 visits in May 2023.
The website’s Authority Score is 5%, according to Semrush, and the website has 3 backlinks from 2 referring domains, including a do-follow link from meinkunden.com, a now-defunct domain. Most traffic comes from Algeria, Canada, and the United States.
Fxcrypto-options is a digital broker that allows users to trade cryptocurrencies, forex, indices, and commodities. They offer leverage of up to 100x on assets like BTC, ETH, and LTC, and provide 5 different order types. The platform features instant Bitcoin deposits and secure wallets and charges a trading fee of 0.05% on all assets. They offer different account types with varying daily profit percentages and additional benefits based on the investment amount. They promote leverage trading, allowing users to increase their profits through margin trading. Additionally, Fxcrypto-options offers the opportunity to invest in real estate for higher returns. The platform claims to be certified and authorized by the Dubai Financial Service Authority.
The contact information is the same as on Swiftoptmarket.com.
There are no reviews about them currently.
Just like with Swiftoptmarket.com, there’s also a Silwana Diamonds registration page on FXCrypto-options.com.
What is “Silwana Diamonds”?
“Silwana diamonds” is a significant keyword for fxcrypto-options.com.
Silwana Diamond is a group of companies that have been merged corporately but still retain their individual identities. This allows them to mobilize their expertise and resources effectively to meet and exceed their clients’ expectations. They emphasize a commitment to their shareholders, stakeholders, and investors through a strategy that is transparent, innovative, and scalable.
The company has been involved in multimillion-dollar projects across various sectors. They have a focus on achieving food security through sustainable agricultural development for Arab countries. The Silwana Diamond Arab Company, part of the group, invests in plant and animal production projects, agricultural industrialization, and agricultural services. Some of their core services include fish farms, greenhouses, livestock, and poultry.
In addition to their agricultural ventures, Silwana Diamond also operates in several other sectors including wealth management through Silwana Brokerage, oil and gas through Silwana Petroleum, construction through Silwana Real Estate, and technology through Silwana Infotech.
Furthermore, Silwana Diamond offers a membership program with exclusive benefits. There are six categories of membership, each represented by a different type of membership card: Bronze, Silver, Gold, Platinum, and Diamond. Each investment of 500 euros equates to 25 points, and every 25 points equates to 8 dollars.
The domain silwanainvestment.com was registered on March 24, 2020, through GoDaddy and is hosted by Cloudflare. It is ranked 2,715,916 globally, according to Similarweb, and received more than 6K visits in May 2023. Most of their traffic comes from Algeria, United Arab Emirates, and the United States, according to Semrush, which ranks them at a 10% Authority Score based on 71 backlinks from 38 referring domains.
Is it a SCAM?
Silwana Diamond Investment is a Dubai-based company that appears to offer a variety of investment opportunities across different sectors, such as agriculture, real estate, technology, and more. They claim to have successfully completed multimillion-dollar projects and offer a membership scheme with different tiers.
However, there are serious concerns about the legitimacy of Silwana Diamond Investment and its affiliated company, Silwana Brokerage. A review on tbbob.com from May 2022 warned against investing with these companies due to a number of red flags:
- Lack of Regulation: Silwana Brokerage is not a regulated broker. While it provides a Dubai address, it’s incorporated in St. Vincent & the Grenadines, which the review flags as a concerning discrepancy. Unregulated brokers do not provide the same consumer protections as regulated ones and cannot legally solicit customers in many countries.
- Dubious Returns on Investment: The review criticized Silwana’s reported investment results as highly suspicious. The company claimed consistent profits across all time periods for their investment funds, a claim the review argued is unlikely and requires proof.
- Unrealistic Project Returns: The review also found that Silwana Diamond Investment’s non-digital project returns (such as a rabbit breeding project) were unrealistic and would be extremely difficult for an investor to verify.
Due to these concerns, the review strongly recommended against investing with Silwana Brokerage and Silwana Diamond Investment.
There are currently no Swiftoptmarket reviews online, which makes our the first!
In conclusion, this review presents a detailed exploration of Swiftoptmarket.com, a former online trading platform specializing in cryptocurrencies, and related entities like FXCrypto-options.com and Silwana Diamond Investment. Despite the initial appealing appearance, the detailed analysis reveals a variety of concerns that raise significant questions about the legitimacy of these entities.
The platform’s promise of high daily profits, its referral program, as well as the shared testimonials across multiple platforms, including ones recognized as scams, suggests it could potentially be a Ponzi scheme. Additionally, issues with its contact information and dubious website registration details add to the layers of suspicious activity.
The affiliated platform, FXCrypto-options.com, shares similar problematic aspects. Furthermore, the use of “Silwana Diamonds” on both platforms leads to another entity – Silwana Diamond Investment, which is reportedly involved in multimillion-dollar projects across various sectors. However, red flags are raised due to its lack of regulation and highly unrealistic returns on investment.
Therefore, based on these findings, it’s prudent to exercise extreme caution when dealing with these entities. They present several troubling indicators typically associated with scams, such as unrealistic promises of high returns and suspicious shared testimonies. Always remember to conduct comprehensive due diligence before engaging with any online investment platforms, especially those promising high returns in volatile markets like cryptocurrencies.
If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We are here to assist you in recovering your funds!
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