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Pros

High level of security features, including SSL encryption and segregation of client funds.
Offers a variety of trading products, including cryptocurrencies, forex, stocks, and commodities.
User-friendly web-based trading platform that can be accessed from multiple devices.

Cons

Unregulated broker with no license, raising concerns about safety and reliability.
High minimum deposit requirement of €5,000, which may be prohibitive for many traders.
Lack of transparency regarding trading conditions, fees, and account types, making it difficult for users to make informed decisions.

SWP broker Accounts

SWP Trading Account Type

SWP Trading offers four types of accounts, each with a high minimum deposit requirement:

  • Classic Account:
    • Minimum Deposit: €5,000
    • Features: Personal manager, monthly private sessions with an analyst, and weekly market reviews.
    • Silver Account:
      • Minimum Deposit: €25,000
      • Features: Same as Classic, plus a smart money management plan, bonus up to 10%, and 3 risk-free trades.
      • Gold Account:
        • Minimum Deposit: €50,000
        • Features: Direct line to your account analyst, a long-term financial plan by a senior analyst, daily private sessions, and daily market reviews.
        • VIP Account:
          • Minimum Deposit: Not specified, discussed individually with the manager.
          • Features: High priority staking and managed account.

          SWP Trading Broker Account Opening Process

          To open an account with SWP Trading, follow these steps:

          • Registration:
            • Provide personal information including name, contact details, date of birth, and password.
            • Agree to the terms and conditions.
            • Verification:
              • Submit required documents for identity verification, including:
              • Valid passport.
              • Copies of credit cards used for deposits (front side showing only the first 6 and last 4 digits, back side with CVV covered).
              • Utility bill with name and address.
              • Deposit:
                • Make the minimum deposit according to the account type selected.
                • Access:
                  • Once registered and verified, access the trading platform integrated into the personal cabinet.
                  • Trading:
                    • Start trading using the web-based platform, which does not offer a demo account for practice.

SWP accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
SWP Account