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Swiss Markets is a Forex broker operating in two offshore jurisdictions Mauritius and Seychelles, and not in Switzerland, as the name implies. However, despite being offshore, the broker is still regulated by the relevant government agencies of the two countries, namely the Seychelles Financial Services Authority (SFSA) and the Financial Services Commission (FSC) of Mauritius. Swiss Markets accepts clients from all over the world, with the exception of the USA, Belgium and some other countries where restrictions apply.
Swiss Markets - regulated broker?
Swiss Markets is the trade name of BDS Markets. The Swiss Markets Group, founded in 2016, includes two brokerage companies:
- BDS Ltd is located in Seychelles and is regulated by the Seychelles Financial Services Authority (SFSA);
- BDS Markets is located in Mauritius and is regulated by the Financial Services Commission (FSC).
What is the maximum leverage in Swiss Markets?
As is often the case in offshore jurisdictions, leverage is significantly higher than, for example, in the EU, USA and Australia. In the case of Swiss Markets, the leverage reaches 1:500 for the most liquid currency pairs.
The broker offers a large selection of stocks, about 130 American and European companies, more than 50 currency pairs, as well as stock indices, metals and energy carriers.
Swiss Markets is a traditional Forex broker in the sense that it relies entirely on the classic MT4 platform. Despite the fact that it was released in 2005, the platform is still popular today, largely due to the huge selection of custom indicators and Expert Advisors.
What types of accounts does Swiss Markets offer?
Swiss Markets offers two types of trading accounts:
- STP Classic. Classic STP account without commissions with a spread of 0.9 points.
- STP Raw. An advanced STP account with narrow spreads from 0 points and a commission of $ 11 per lot.
What is the minimum deposit in Swiss Markets?
All trading accounts can be topped up using payment cards such as Visa or MasterCard, bank transfer or e-wallets such as Skrill, Neteller, Sofort and iDeal. The minimum deposit is $200.
Swiss Markets is a Forex broker that is trying to establish itself as a serious player in this field. The broker offers high leverage, but at the same time its regulation is inferior to other more reputable regulatory organizations.
Before choosing a broker, we recommend that you read the reviews of Swiss Markets, as well as see our rating of Forex brokers.
|General information of Swiss Markets|
|Broker Name||Swiss Markets|
|Year of foundation||2016|
|EURUSD Spread||0.9 pips|
|Base currencies||EUR, USD, GBP|
|Assets||Currency pairs, indices, stocks, metals|
|Deposit replenishment||BankTransfer, Visa/MasterCard, Skrill, Neteller, Sofort, iDeal|
|Payment for inaction||—|
- The year of Foundation 2016
- Head office address 06th Floor, Nexteracom Building, Ebene, Mauritius
- Maximum leverage 1:500
- Min. Deposit $200
- Regulation FSA, FSC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller, SOFORT
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, SOFORT
- Number of trading instruments 50
- The number of CFD instruments 150
- The number of futures 3
- The number of metals 4