Help CenterWhat are the account types we offer on Sway Markets?
We offer 4 account types and the minimum deposits are usually $10 except for VIP, which requires a minimum $100,000 deposit.
- ECN account requires a minimum deposit of 10 USD. Typical Raw spreads from 0.0 pips. You can trade Currencies, Cryptos, Metals, Indices, Stocks, Commodities & Crypto Perpetual Futures.
Commission Per Lot: $7. - VIP account requires a minimum deposit of 100,000 USD. Typical Raw spreads from 0.0 pips. You can trade Currencies, Cryptos, Metals, Indices, Stocks, Commodities & Crypto Perpetual Futures.
Commission Per Lot: $3.5 - No Commission account requires a minimum deposit of 10 USD. Typical spreads from 1.2 pips. You can trade Currencies, Metals, Indices, Stocks & Commodities.
Commission Per Lot: $0
Crypto and Crypto-Perpetuals trading has been suspended for all users trading in Live No Commission account types with immediate effect.Trading on all Crypto symbols is still available in ECN, VIP and Islamic accounts. - Islamic account requires a minimum deposit of 10 USD. Typical Raw spreads from 0.0 pips. You can trade Currencies, Cryptos, Metals, Indices, Stocks, Commodities & Crypto Perpetual Futures.
Commission Per Lot: $7.
No Overnight Swap fees.
Crypto Perpetuals Commission: The calculation of commissions on Crypto Perpetuals is based on 0.04% of the notional volume in USDT, charged both on open and close. This rate represents a considerable cost advantage, being less than that charged by the Liquidity Provider, Binance, which stands at 0.05%. As a result of this disparity in commission rates, engaging with our platform facilitates the potential for significantly higher aggregated profits for the same traded volume.
USDⓈ-M Futures Trading Fee Rate | Binance
Crypto Spot Commission: Spot crypto 0.035% of the notional volume on open and close.
- Refer to the following formula to calculate the crypto commission, for both Perpetual and Spot instruments:
(Opening/Closing Price X Lot Size X Contract Size X Rate) / 100
For more details about our account types, click here.