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Established broker with over 20 years of experience in the forex market.

Offers a variety of trading instruments, including forex, CFDs, commodities, and indices.

Provides access to popular trading platforms like MetaTrader 4 and UnitTrader, along with competitive leverage options.

Limited regulatory oversight, as it is only regulated by the Kuwait Chamber of Commerce, which may raise concerns for some traders.

Higher spreads compared to competitors, starting from 2 pips, which could impact profitability.

Mixed reviews from users, with some reporting issues related to account management and withdrawal processes.

SWISSFS broker Accounts

SwissFS Account Type

SwissFS offers several account types to cater to different trader needs. The available account types include:

Minimum Deposit: $500
Leverage: Up to 1:500
Spreads: Starting from 0.1 pips
Description: This account is designed for individual traders, providing access to a wide range of trading instruments and competitive spreads.

Minimum Deposit: $500 (combined)
Leverage: Up to 1:500
Spreads: Starting from 0.1 pips
Description: This account allows two or more individuals to hold a joint trading account, mirroring the features of the individual account.

Minimum Deposit: $10,000
Leverage: 1:200
Spreads: Not specified
Description: Tailored for corporate clients, this account offers features suitable for businesses engaging in trading activities.

Minimum Deposit: $25,000
Leverage: Up to 1:500
Spreads: Not specified
Description: Designed for experienced traders, this account type provides advanced trading features and higher leverage options.

Opening an account with SwissFS is a straightforward process that can be completed online. Here are the steps involved:

Choose Your Account Type: Select the account type that suits your trading needs, such as Individual, Joint, Corporate, or Professional.
Visit the SwissFS Website: Go to the official SwissFS website and click on the “Open Account” button.
Fill Out the Online Application Form: Provide your personal information, financial details, and trading experience. Be prepared to upload identification documents (passport or ID card) and proof of address.
Fund Your Account: SwissFS offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.
Verify Your Account: After funding your account, you will need to verify your identity and address by submitting scanned copies of your ID documents and proof of address.
Start Trading: Once your account is verified, you can access the SwissFS trading platform and begin trading.