Types Of Live Accounts

2 min. readlast update: 10.30.2024

What 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 Live 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 from $7.

  • VIP Live 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 from $3.5  

  • Live 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 from $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 Live 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 from $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.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

 

For more details about our account types, please visit the link below:

https://www.swaymarkets.com/accounts

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