FXSway Account Types: A Guide for Traders and Investors 2024

FXSway offers 4 major accounts: Standard, Var, Pro, Mini

Below is the full list of account types offered by FXSway:     

• Standard account
• Var Account
• Pro Account
• Mini Account

FXSway Standard Account: Best for Beginners

FXSway Standard Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities 
• Trading Platforms: TradeLocker
• Minimum Deposit:  $10
• Maximum Leverage: 1:500
• STP execution: with Level 2 Pricing
• Trading Fees: Commission Per Lot from $7.00. Variable spreads from 0.8 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 1000 Lots 
• Funding Currencies: Bitcoin, Dogecoin (DOGE), Ether/Ethereum, Litecoin, Other Crypto Currencies, Ripple (XRP), Tether (USDT)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available. 

Var Account

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities 
• Trading Platforms: TradeLocker
• Minimum Deposit:  $10
• Maximum Leverage: 1:500
• STP execution : with Level 2 Pricing
• Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1.2 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 1000 Lots 
• Funding Currencies: Bitcoin, Dogecoin (DOGE), Ether/Ethereum, Litecoin, Other Crypto Currencies, Ripple (XRP), Tether (USDT)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available. 

Pro Account

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities 
• Trading Platforms: TradeLocker
• Minimum Deposit:  $10
• Maximum Leverage: 1:500
• STP execution : with Level 2 Pricing
• Trading Fees: Commission Per Lot from $9. Variable spreads from 0.4 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 1000 Lots 
• Funding Currencies: Bitcoin, Dogecoin (DOGE), Ether/Ethereum, Litecoin, Other Crypto Currencies, Ripple (XRP), Tether (USDT)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available. 

Mini Account

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Forex, Cryptos, Metals, Indices, Stocks & Commodities 
• Trading Platforms: TradeLocker
• Minimum Deposit:  $10
• Maximum Leverage: 1:500
• STP execution : with Level 2 Pricing
• Trading Fees: Commission Per Lot from $1. Variable spreads from 1 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 1000 Lots
• Funding Currencies: Bitcoin, Dogecoin (DOGE), Ether/Ethereum, Litecoin, Other Crypto Currencies, Ripple (XRP), Tether (USDT)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available.