Swissinv24 Forex Broker keeps up-to-date with the latest trading account information, including MINI, STANDARD, GOLD, PLATINUM maximum leverage of up to 1:50, trading varieties, and more
Swissinv24 offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:
| Account Type | Min Deposit | Spread (Pips) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $500 | From 1.7 | None | 1:500 | Beginners |
| ECN | $1,000 | From 0.1 | $5/lot | 1:500 | Intermediate/Advanced |
| Pro | $5,000 | From 0.5 | $3/lot | 1:500 | Professionals |
| Islamic | $500 | From 1.7 | None | 1:500 | Muslim Traders |
| Demo | Virtual | Same as Standard | None | 1:500 | All Levels |
Minimum Deposit:
Standard: $500
ECN: $1,000
Pro: $5,000
Islamic: $500
Demo: Virtual balance
Maximum Leverage:
All account types: Up to 1:500.
Spreads (Typical/Minimum):
Standard: From 1.7 pips
ECN: From 0.1 pips
Pro: From 0.5 pips
Islamic: Same as Standard
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Lot Size:
Standard: Micro (0.01)
ECN: Mini (0.1)
Pro: Standard (1)
Islamic: Micro (0.01)
Available Trading Platforms:
All account types: MetaTrader 4 (MT4), MetaTrader 5 (MT5).
Execution Type:
Standard: Market execution
ECN: ECN execution
Pro: Market execution
Islamic: Market execution
Islamic Account Availability:
Yes, available for Standard and Islamic accounts.
Swap-Free Options:
Available for Islamic accounts only.
Demo Account Features:
Virtual balance for practice, same trading conditions as live accounts.
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to most countries, but specific restrictions may apply.
Prohibited Countries: Not specified in the available information.
Identity Verification Documents Needed:
Valid government-issued ID (passport or national ID).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures:
All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Typically ranges from a few hours to a couple of days, depending on the volume of applications.
Once verified and funded, you can begin trading.
Desktop vs Mobile Registration Differences:
The registration process is similar on both platforms, but mobile may have additional verification steps via SMS.
Common Registration Issues and Solutions:
Issues with document uploads can be resolved by ensuring clear scans are provided.
Delays in verification can be addressed by contacting customer support.
Average Account Approval Time:
Generally, 24 hours to 48 hours.
How to Upgrade/Downgrade Account Types:
Contact customer support to request changes in account type.
Demo Account Features and Benefits:
Allows traders to practice without financial risk, using virtual funds.
How to Open a Demo Account:
Follow the same registration process, selecting the demo account option.
Demo Account Limitations:
Limited to virtual trading; cannot withdraw profits.
Virtual Balance Amount:
Typically $10,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts do not involve real money; trading conditions may differ slightly.
Duration/Expiry of Demo Accounts:
Demo accounts usually remain active for a limited time, often 30 days.
Swap-Free/Islamic Account Availability:
Yes, Islamic accounts are available for traders who require them.
Eligibility Requirements:
Must comply with Islamic finance principles.
Differences from Standard Accounts:
No swap fees applied on overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process.
Restrictions or Special Conditions:
Must adhere to trading conditions set forth for Islamic accounts.
Explore broker markets account types: forex/trading accounts with demo access.