Sway Markets broker Accounts

Sway Markets Account Type

Sway Markets offers four types of trading accounts to cater to different trading needs and preferences:

1. VIP Account

• Minimum Deposit: $100,000
• Leverage: Up to 1:500
• Spreads: From 0.0 pips
• Commission: From $3.5 per lot
• Trading Instruments: Currencies, Cryptos, Metals, Indices
• Negative Balance Protection: Yes

2. ECN Account

• Minimum Deposit: $10
• Leverage: Up to 1:500
• Spreads: From 0.0 pips
• Commission: From $7.00 per lot
• Trading Instruments: Currencies, Cryptos, Metals, Indices, Stocks, Commodities, Crypto Perpetual Futures
• Negative Balance Protection: Yes

3. No Commission Account

• Minimum Deposit: $10
• Leverage: Up to 1:500
• Spreads: From 1.2 pips
• Commission: $0
• Trading Instruments: Currencies (Majors, Minors, and Exotics)
• Negative Balance Protection: Yes

4. Islamic Account

• Minimum Deposit: $10
• Leverage: Up to 1:500
• Spreads: From 0.0 pips
• Commission: From $7.00 per lot
• Trading Instruments: Currencies, Cryptos, Metals, Indices, Stocks, Commodities
• Swap Fees: None
• Negative Balance Protection: Yes

Sway Markets Broker Account Opening Process

Opening an account with Sway Markets is a straightforward process:

1. Registration

• Visit the Sway Markets website.
• Click on the ‘Sign Up’ button to start the registration process.
• Fill out your personal details such as name, email address, and phone number.
• Create an account by setting a password and agreeing to the terms and conditions.

2. Verification (KYC)

• Log in to your newly created account.
• Upload documents for proof of identity (e.g., passport, ID card) and proof of residence (e.g., utility bill, bank statement).
• Wait for Sway Markets to verify your documents.

3. Funding Your Account

• Log in to your account and navigate to the ‘Deposits’ section.
• Choose your preferred deposit method, such as Bitcoin or USDT.
• Follow the instructions to transfer funds to your Sway Markets account.

4. Trading

• Select your trading platform, such as Sway Charts or Sway Charts Pro.
• Once your account is funded, you can start trading a variety of instruments including currencies, stocks, indices, and commodities.

5. Customer Support

• If you encounter any issues or have questions, Sway Markets’ customer support team is available 24/7 to assist you.