Overall SWISS MARKETS is a trustworthy broker with an overall rating of 5 out of 10. SWISS MARKETS is authorized and regulated by FCA and offers leverage up to 1:500.
SWISS MARKETS at a Glance
| 🔎 Broker's Name | SWISS MARKETS |
| 📍 Headquartered | Mahe, Seychelles |
| 📅 Year Founded | 2016 |
| ⚖️ Regulating Authorities | FSC |
| 🌐 Countries not accepted for trade | United States, Japan |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Not indicated |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $200 / R 3 459,52 |
| 💳 Deposit Options | Visa, MasterCard, Maestro, Postepay, Giropay, Sofort, Eps, EDEAL, Skrill, Neteller, Bank Wire Transfer |
| 💳 Withdrawal Options | Visa, MasterCard, Maestro, Postepay, Giropay, Sofort, Eps, EDEAL, Skrill, Neteller, Bank Wire Transfer |
| 💻 Platform Types | MetaTrader4 |
| 📱 OS Compatibility | Mac, Microsoft Windows, Android, iPhone, iPad, Web, Desktop |
| 📈 Tradable assets offered | Forex, metals, energies, indices, equities, and cryptocurrencies |
| 👨💼 Languages supported on Website | 24 languages which include English, Russian, Spanish, Italian, Malay, Polish, German, Vietnamese, Nordic, Turkish, Slovakian, Indonesian, Chinese, Portuguese, Arabic, among others |
| 👥 Customer Support Languages | English, German, Spanish, and Greek. |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 200
Regulators
FCA, FSC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
SWISS MARKETS Review – 21 key points quick overview:
SWISS MARKETS at a Glance- SWISS MARKETS Review – 21 key points quick overview:
- SWISS MARKETS Overview
- SWISS MARKETS Safety and Security
- SWISS MARKETS Leverage
- SWISS MARKETS Accounts
- SWISS MARKETS Market Instruments
- SWISS MARKETS Fees
- SWISS MARKETS Deposit and Withdrawal
- SWISS MARKETS Trading Platforms
- How to open a SWISS MARKETS account step by step
- SWISS MARKETS Customer Support
- SWISS MARKETS Education
- SWISS MARKETS Research
- SWISS MARKETS Awards
- SWISS MARKETS vs Etoro vs XM – Comparison Table
- SWISS MARKETS Customer Reviews
- SWISS MARKETS Pro and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
SWISS MARKETS Overview
According to research in South Africa, Swiss Markets is an English company founded in 2016 with headquarters in Mahe, Seychelles.
The company is an online brokerage founded under the corporate umbrella of BDSwiss Holding Group which has been in operation since 2012.
It is also the trading name for BDS Markets which in turn is authorized and regulated by the Mauritius Financial Services Commission (FSC).
Swiss Markets offers trading in forex and CFD through Straight Through Processing (STP) trading.
It offers trading through the MetaTrader4 platform and combined with the benefits of a true STP execution model, MT4 is transformed into one of the most powerful online trading platforms.
SWISS MARKETS Safety and Security
Swiss Markets is the brand name of BDS LTD, stationed in Seychelles, and is also part of BDS Markets which is situated in Mauritius. All the payment transactions are managed by BDS Markets.
It has the following registrations:
BDSwiss LLC is authorized and registered with the U.S. National Futures Association NFA ID: 0486419.
BDSwiss Holding Ltd is authorized and licensed by CYSEC (EU) (License No. 199/13).
BDS Markets is authorized and regulated as an Investment Dealer by the FSC on 06/12/2016 (License No. C116016172).
BDSwiss GmbH (Registration No. HRB 160749B) is the registered Tied Agent of BDSwiss Holding Ltd in Germany.
BDS Ltd is authorized and regulated by the Financial Services Authority (FSA) Seychelles under license number SD047.
Despite all of the above, Swiss Markets broker is a non-Regulated Broker and is not safe to trade with as both the Seychelles and Mauritius are very popular among Forex brokers for their lax regulation requirements.
SWISS MARKETS Leverage
Leverage enables a trader to get a much larger exposure to the market the person is trading than the amount deposited to open the trade. Leveraged products, such as forex trading, magnify a trader’s potential profit – but also increase the potential loss.
Leverage is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1 000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the collateral to cover any credit risks that may arise during trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you need to have enough funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.
Swiss Markets allows a maximum leverage ratio of 1:500.
SWISS MARKETS Accounts
Swiss Markets offers a choice between an STP Classic and an STP Raw account. The Raw STP account has the option of three account types, namely SWISS11, SWISS8, and SWISS5.
The Contract Size on all the account types is 1 Lot which is the minimum trade volume. The lot restriction per ticket is 50.
The maximum leverage on the STP Classic account is 1:500 and on the Raw accounts 1:200.
All accounts are offered as Islamic accounts to traders of the Muslim faith who needs to abide by the Sharia Laws.
Swiss Markets has the option of opening a demo account. The broker does not give any indication of what the virtual amount available to use is, or for how long the demo account is valid for use.
Min Deposit
USD 200
Regulators
FCA, FSC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
SWISS MARKETS Market Instruments
The most popular market instruments available from most brokers for trading include:
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies in a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.
Swiss Markets offers to trade in:
Forex
Metals
Energies
Indices
Equities
Cryptocurrencies
SWISS MARKETS Fees
Cost and fees depend on different factors, like spread and margins, and Swiss Markets clients may also experience different fee structures according to their country or place of residence.
The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
Swiss Markets does not charge any fees for funding accounts. On the other hand, charges on trades are high and can be as much as $11 depending on the asset class and volume traded.
The broker also charges commission fees on the STP Raw accounts which are as follows:
Raw STP Swiss11 – $11
Raw STP Swiss8 – $8
RAW STP Swiss5 – $5
Spreads on offer are floating and start at 0.9 pips on the Classic STP account and 0 pips on the STP Raw accounts.
SWISS MARKETS Deposit and Withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.
In the case of Swiss Markets, the following minimum deposits are required:
Classic STP Account: $200 / R3 459,52
Raw STP Swiss11: $200 / R 3 459,52
Raw STP Swiss8: $2 000 / R 34 576,54
Raw STP Swiss5: $20 000 / R 345 765,40
To fund your account, you need to log into your Client Portal. The following methods can be used to fund accounts:
Visa
MasterCard
Maestro
Postepay
Giropay
Sofort
Eps
EDEAL
Skrill
Neteller
Bank Wire Transfer
Bank wire deposits may take between 1 – 4 working days. Deposits can only be completed if they have been made in the name of the same trading account holder.
Withdrawals are usually processed within 24 working hours, however, the time required for your funds to reach your account depends on your bank’s timeframe as well as the method used to withdraw
Min Deposit
USD 200
Regulators
FCA, FSC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
SWISS MARKETS Trading Platforms
The forex trading platform provided by Swiss Markets to its clients is the software to carry out their trades. Some brokers provide only one, and others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
Swiss Markets offers MetaTrader4 as the only trading platform. This popular platform is packed with various technical analysis and charting tools to meet the needs of any trader.
The platform has a substantial charting tool package for technical analysis purposes. Traders can design their own indicators or automate their trading plan once they get to that stage using its MQL programming language.
The MT4 platform is available to users on windows, Mac, iOS, Android, and the web.
The platform is offered in 24 languages which include English, Russian, Spanish, Italian, Malay, Polish, German, Vietnamese, Nordic, Turkish, Slovakian, Indonesian, Chinese, Portuguese, and Arabic, among others
How to open a SWISS MARKETS account step by step
Opening a demo account with SWISS MARKETS is a relatively simple process, which will consist of the following steps:
Step 1 – Open Your Account
Visit the SWISS MARKETS website, Click on “OPEN DEMO” in the bottom left-hand corner of the website
Step 2 – Fill out the form
Similar to a bank, to register a forex trading account with Swiss Markets for the first time, you will be required to go through a basic “know your customer” process, which will allow Swiss Markets to ascertain your submitted details and ensure the safety of your funds and account details.
The process to open an account starts with links on the company. Clients need to complete the registration form by providing the usual personal information after which an appropriateness test is taken.
After you have provided the required documentation and received the verified email you can open your account, fund it and start trading.
Currencies allowed to trade are USD, EUR, GBP, CHF, SEK, and PLN.
Min Deposit
USD 200
Regulators
FCA, FSC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
SWISS MARKETS Customer Support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.
The customer support team can be reached in real-time by phone, or e-mail. Live chat, and return calls. Staff support is given in English, German, Spanish, and Greek.
SWISS MARKETS Education
It is not clear on the Swiss Markets website if the broker provides any education tools. Its About Us section mentions that it provides these sources which include seminars, webinars, and other content relevant to traders.
There is, however, no indication of where to find these tools on the broker’s website.
SWISS MARKETS Research
To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitably as possible.
With Swiss Markets the only research tools found are an economic calendar and currency converter.
SWISS MARKETS Awards
No indication could be found on the Swiss Markets website of any awards received since its inception in 2016.
SWISS MARKETS vs Etoro vs XM – Comparison Table
| 🔎 Broker | 🥇SWISS MARKETS | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | $200 / R 3 459,52 | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | No | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1:500 | 1:400 | 1:888 |
| 💵 Currency Pairs | – | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
SWISS MARKETS Customer Reviews
The most professional Broker.
The most professional Broker, and maximum quality service.
Best broker!
Best broker ever.
SWISS MARKETS Pros and Cons
| ✔️ Pros | ❌ Cons |
| MetaTrader4 | Not regulated |
| Variable spreads | Charges high commission |
| No educational tools | |
| Little research tools |
Conclusion
Overall, SWISS MARKETS is a trustworthy and reliable broker that provides traders with ample digital tools. SWISS MARKETS offers MetaTrader4 as the only trading platform. SWISS MARKETS’ maximum leverage is 1:500.
Disclaimer
Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital.
These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
Please note that our advanced trading tools and products can facilitate your day-to-day trading activities but they can in no case guarantee profits.
Trading derivative products can carry a high risk of loss to your capital and you should ensure you are familiar with the risks and rewards involved in Forex and CFD trading before you invest with Swiss Markets, according to research in South Africa.
Frequently Asked Questions
How many instruments can I trade with Swiss Markets?
Swiss Markets offer trading in forex, metals, energies, indices, equities, and cryptocurrencies
Which platforms are supported by Swiss Markets?
MetaTrader4
Does Swiss Markets offer leverage?
Yes, Swiss Markets offers maximum leverage of 1:500
Is Swiss Markets a recommended forex trading broker for experts and beginners?
No, it focuses more on the advanced trader and does not offer much support for the beginner trader besides a demo account
What is the overall rating out of 10 for Swiss Markets?
5/10
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