Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Swiss Markets Pros & Cons
- The company and its parent holding firm have been operating for a long time, and they have a brokerage license from a financial regulator.
- Broker offers accounts with different trading commission types.
- The ability to trade currency pairs and CFDs from a single account.
- Dynamic leverage of up to 1:500.
- Competitive offers for partners promoting Swiss Markets' services.
- Deposits and withdrawals can be made using various methods without commissions.
- Professional multilingual support.
- The broker is not geared toward beginner traders. It does not offer cent accounts or educational resources, and the minimum deposit is $200.
- There is no negative balance protection on the accounts.
- The commission for professional accounts on currencies is higher compared to other brokers, at $11 compared to $5-8 charged by its competitors.
Swiss Markets is one of the subsidiaries of the BDSwiss Group, a conglomerate that offers secure entry into the interbank Forex market. Swiss Markets is an STP broker founded in 2016 and registered with the Mauritius Financial Services Commission. Its clients have access to trading over 100 instruments with trading leverage of up to 1:500, floating spreads, and market execution. Swiss Markets provides traders with one of the most functional and user-friendly online trading platforms, MetaTrader 4 by MetaQuotes.
TU Expert Verdict
Swiss Markets carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
Swiss Markets User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of Swiss Markets have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Swiss Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Swiss Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Swiss Markets Standard spreads Swiss Markets OANDA FOREX.com EUR/USD min, pips 0.15 0.1 0.7 EUR/USD max, pips 0.3 0.5 1.2 GPB/USD min, pips 0.2 0.1 0.9 GPB/USD max, pips 0.4 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Swiss Markets RAW/ECN spreads Swiss Markets OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.5 5 EUR/USD avg spread 0.15 0.2 GBP/USD avg spread 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Swiss Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Swiss Markets Non-Trading Fees Swiss Markets OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 10 0 15 -
Is Swiss Markets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10Swiss Markets has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 11 years
- Not tier-1 regulated
Swiss Markets Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level 
FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3 Swiss Markets Security Factors Foundation date 2015 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5.3 /10Swiss Markets offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Swap Free (Islamic) account
- Standard account with balanced trading conditions
- Micro lots are not available
- No Cent account
Swiss Markets account types vs top competitors Swiss Markets Plus500 OANDA Standard YesYesYesECN/Raw spread YesNoYesDemo YesYesYesCent NoNoNoMicro NoNoYesSwap Free YesNoYesVIP NoNoNoManaged NoNoNoSwiss Markets accounts trading conditions
To trade financial instruments through Swiss Markets, you need to open a real account. There are two options available with the Straight Through Processing (STP) model. The minimum deposit size for both account types is $200. An Islamic account is available upon request.
Account types:
Account Type Description Classic STP An account for trading with leverage up to 1:500. The commission for trading currency pairs is a floating spread starting from 0.9 pips. Raw STP An account that allows trading with spreads starting from 0 pips. The maximum leverage value is 1:200. There is an additional trading commission (the size depends on the asset and base currency). For practice and improving trading strategies, a demo account can be used.
Swiss Markets offers STP accounts with conditions tailored for experienced traders. Also, beginners in Forex trading can benefit from the broker's services thanks to the availability of the PAMM investment platform and the absence of restrictions on trade copying.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.5 /10Swiss Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Swiss Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- No withdrawal fee
- Low minimum withdrawal requirement
- Minimum deposit below industry average
- Only major base currencies available
- PayPal not supported
- Wise not supported
What are Swiss Markets deposit and withdrawal options?
Swiss Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller.
Swiss Markets Deposit and Withdrawal Methods vs Competitors Swiss Markets Plus500 OANDA Bank Wire YesYesYesBank card YesYesYesPayPal NoYesYesWise NoNoNoBTC NoNoYesWhat are Swiss Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Swiss Markets supports the following base account currencies: USD, EUR, GBP, CHF, PLN, DKK, NOK, SEK.
What are Swiss Markets's minimum deposit and withdrawal amounts?
The minimum deposit on Swiss Markets is $200, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Swiss Markets’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.5 /10Swiss Markets offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 70 Forex pairs.
- 70 supported currency pairs
- Indices trading
- Bonds not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by Swiss Markets with its competitors, making it easier for you to find the perfect fit.
Swiss Markets Plus500 OANDA Currency pairs 70 60 68 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 100 2800 129 Stocks YesYesYesCommodity futures NoYesYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoYesYesStock indices YesYesYesOptions NoYesNoInvestment options
We also explored the trading assets and products Swiss Markets offers for beginner traders and investors who prefer not to engage in active trading.
Swiss Markets Plus500 OANDA Bonds NoNoYesETFs NoYesNoCopy trading NoNoYesPAMM investing YesNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at Swiss Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10We successfully registered an account with Swiss Markets in 12 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Swiss Markets is $200. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fast registration time (up to 15 minutes)
- Fully online account opening process
- Low minimum deposit requirement
- Account approval may require extra time depending on the documentation.
Swiss Markets account opening Swiss Markets Plus500 OANDA Online Registration YesYesYesMinimum deposit $200 $100 $0 Mandatory KYC YesYesYesRegistration time (min) 12 10 KYC time (days) 2 3 3 Is Swiss Markets available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To create a Swiss Markets account, follow the instructions below:
Fill out the registration form. To access it, click on "Register" or "Open Real" on the official Swiss Markets website.
Provide your last and first names. You also need to provide a valid phone number and email address, as confirmation codes will be sent to them. After that, the system will prompt you to enter a password, which will be used to log in to your account after registration.
Other features of the user account:
- Menu for making deposits, withdrawing funds, or transferring funds between your accounts.
- Partner portal.
Your Swiss Markets user account also provides access to:
- Opening demo and live accounts.
- Uploading documents for identity verification.
- Transaction history for a specific period.
- Launching WebTrader.
- Economic calendar and trading calculators.
- Online chat and contact information to communicate with the broker's representatives.
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Customer Support
Score:We evaluated Customer Support at Swiss Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria1.3 /10Swiss Markets demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.
During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.
InformationService for traders is provided in 7 languages. Telephone numbers are available in Germany, the United Kingdom, Spain, and Greece, allowing for toll-free calls.
- 24/5 support is available via chat and email.
- Free calls are provided for certain countries.
- Saturday and Sunday are days off for the support team.
- Chat operators may not always be able to provide a quick response to inquiries and may ask for time to resolve the issue via email.
To contact Swiss Markets, you can use:
- Live chat on the company's website.
- Contacts.
- Email.
- Ready-made contact form.
Support through messenger apps is currently not available.
Contacts Foundation date 2015 Registration address BDS Markets, 6th Floor, Tower 1, Nexteracom Building, Ebene, Mauritius Regulation FSC, FSA Official site swissmarkets.com Contacts support@swissmarkets.com +44 (20) 36709704, +49 3021446981
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FAQs
How is Swiss Markets regulated and what does its safety score indicate?
Swiss Markets is regulated by the Financial Services Commission of Mauritius (FSC), which is classified as a Tier-3 regulator, and it provides negative balance protection and mandatory KYC. Traders Union experts assign it a safety score of 4.7/10, corresponding to a low security level, and note that it is not tier-1 regulated and does not participate in a specific investor compensation fund.
What commissions and fees are highlighted in reviews of Swiss Markets?
The review notes that Swiss Markets has medium overall fees with a score of 7/10, featuring low Forex trading fees, tight EUR/USD spreads on Standard accounts (typically 0.15–0.3 pips), and no deposit or withdrawal fees. An inactivity fee of $10 per month applies, and ECN/RAW accounts use floating market-based spreads plus a commission per lot, although the exact commission amount for Swiss Markets is not specified in the section.
What do user reviews and feedback say about Swiss Markets’ overall satisfaction level?
The user satisfaction score for Swiss Markets is 4/10, with reviews mostly negative: 25% of ratings are 3 stars, 50% are 2 stars, and 25% are 1 star, and there are no 4- or 5-star reviews. According to user reviews, this distribution suggests that many clients report dissatisfaction in their feedback, although specific reasons are not detailed in this section.
How do reviews describe the Swiss Markets account opening process?
The review describes Swiss Markets’ account opening as fully online, with registration taking about 12 minutes and KYC verification typically completed within 2 business days. The minimum deposit is $200, and while the process is characterized as accessible and hassle-free, it is noted that account approval may require extra time depending on the documentation provided.
What feedback is provided about Swiss Markets customer support quality?
The review states that Swiss Markets has a low customer support reliability score of 1.3/10, with reports of slow responses and sometimes incomplete assistance. Support is available 24/5 via live chat, email, phone (including toll-free numbers in several countries), and a contact form in 7 languages, but weekends are days off and chat operators may need additional time to resolve issues via email.
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