Since 2016, Swiss Markets has been ranked as one of the most reputable online brokerages in the industry. The company is one of the largest names in online Forex trading for beginners and advanced traders. Regulations for the broker have been issued by CySEC.
You can find our transparent Swiss Markets review below. Broker reviews are updated frequently!
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Swiss Markets is already available with a vast list of assets for traders to choose from. There are 18 major pairs, 40 exotic pairs, and 19 minor pairs available. Copper, silver, gold, platinum, and palladium are also available for trading. Additionally, the platform offers energy products such as Brent crude, natural gas, and oil.
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For a live trading account, a trader should deposit at least $200. However, some account types will have higher requirements.
The trader must pay a small fee during the initial deposit, but no extra charges apply afterwards. After this deposit has been made, there will be no further requirements.
A demo account is also available for beginners to practice various trading platforms and learn new strategies with virtual funds.
Pros
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High Leverage
Cons
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No FSCA Regulation
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No ZAR Account Currency
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You can only withdraw money from the same account which was used to make the deposit. Withdrawal options include Visa, MasterCard, Skrill, Neteller, and swift wire transfers. It takes just 24 hours for a withdrawal to be completed without additional fees. Unfortunately, live chat and educational tutorials are not available on the service.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 15+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst
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