FXSway Forex Broker keeps up-to-date with the latest trading account information, including MINI, Pro, Var, Standard maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Offers a wide selection of markets with access to 97 forex pairs and over 19,000 tradeable symbols.
Highly trusted broker with strong regulatory support from multiple tier-1 regulators, including the NFA and CFTC.
User-friendly trading platform with advanced tools and educational resources, making it suitable for both beginners and experienced traders.
Cons
Does not support MetaTrader 5, which may limit options for traders seeking advanced features.
Options and futures trading require a separate account with a sister brand, tastytrade, which could complicate the trading experience for those interested in multiple asset classes.
The full suite of educational resources available through the IG Academy is not yet fully integrated into the tastyfx platform, potentially limiting learning opportunities for new traders.
FXSway broker Accounts
MINI
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
--
Minimum Spread
from 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
Per Lot from $1.00
Products
Forex, Cryptos, Metals, Indices, Stocks & Commodities
Pro
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
--
Minimum Spread
from 0.4
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
Per Lot from $9.00
Products
Forex, Cryptos, Metals, Indices, Stocks & Commodities
Var
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
--
Minimum Spread
from 1.2
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
Per Lot from $0
Products
Forex, Cryptos, Metals, Indices, Stocks & Commodities
Standard
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
--
Minimum Spread
from 0.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
Per Lot from $7.00
Products
Forex, Cryptos, Metals, Indices, Stocks & Commodities
FxSway Account Types
FxSway offers four main types of trading accounts to cater to different trading needs and preferences: Standard, Var, Pro, and Mini.
- Standard Account
- Leverage: Up to 1:500
- Typical Spreads: From 0.8 pips
- Commission: From $7.00 per lot
- Minimum Deposit: $10
- Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities
- Execution: STP with Level 2 pricing
- Max Positions: 200 for MT4/MT5 live accounts
- Max Trade Size: 1000 lots
- Var Account
- Leverage: Up to 1:500
- Typical Spreads: From 1.2 pips
- Commission: $0 (only spreads charged)
- Minimum Deposit: $10
- Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities
- Execution: STP with Level 2 pricing
- Max Positions: 200 for MT4/MT5 live accounts
- Max Trade Size: 1000 lots
- Pro Account
- Leverage: Up to 1:500
- Typical Spreads: From 0.4 pips
- Commission: From $9.00 per lot
- Minimum Deposit: $10
- Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities
- Execution: STP with Level 2 pricing
- Max Positions: 200 for MT4/MT5 live accounts
- Max Trade Size: 1000 lots
- Mini Account
- Leverage: Up to 1:500
- Typical Spreads: From 1.0 pips
- Commission: From $1.00 per lot
- Minimum Deposit: $10
- Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities
- Execution: STP with Level 2 pricing
- Max Positions: 200 for MT4/MT5 live accounts
- Max Trade Size: 1000 lots
- Sign Up: Visit the FxSway registration page here. Fill in the required information and accept the terms and conditions.
- Email Verification: After signing up, check your email for a verification link. Click on it to complete the registration process.
- Complete Your Profile: Fill in any remaining information required, such as your phone number and date of birth.
- KYC Verification: Complete the KYC (Know Your Customer) verification as required.
- Fund Your Account: Deposit funds into your FxSway account using supported cryptocurrencies such as Bitcoin, Ethereum, and others.
- Create Your Trading Account: Once your account is funded, log in to your FxSway account, navigate to "My Accounts," and create your desired trading account type.
- Start Trading: Access your trading account via the Trade Locker platform and begin trading.
FxSway Broker Account Opening Process
To open an account with FxSway, follow these steps:
For more detailed information about the account opening process, you can refer to the FxSway FAQ.
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