Does Sway Markets Accept US Clients? 

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US traders always look to trade with a suitable forex broker. The country has strict regulations in forex trading. As a result, the majority of online forex brokers do not accept US clients because they can not meet the regulatory requirements of the US authorities. High leverage and CFD trading are restricted in the USA. However, many forex traders still opt for trading CFDs with high leverage. That is why many traders settle for offshore forex brokers. 

Sway Markets is an online offshore forex broker that is not authorized or regulated by any authority anywhere; so it is not under any obligation to abide by the rules guiding US-regulated brokers. In this blog post,  we will explore whether Sway Markets accepts US clients, its pros and cons, and why US traders choose brokers like Sway Markets.

Does Sway Markets Accept Clients?

Yes, Sway Markets accepts US Clients. Being an unregulated online forex broker, the broker has the flexibility to onboard clients from various locations worldwide, including the USA. Therefore, US traders are able to register for an account and trade forex and CFD trading with Sway Markets.

Sway Markets at a Glance

Sway Markets at a Glance
  • Founded Year: 2023
  • Location:  St Vincent & Grenadine
  • Minimum Deposit: $10
  • Maximum Leverage: 1:500
  • Regulations: None (Unregulated Offshore Broker) 
  • Trading platform: WebTrader, iOS, Android,Windows, MAC
  • Account Types: VIP, ECN, No Commission, Islamic
  • Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
  • Payment Options: BTC and USDT
  • US Traders: Accepted 

Why Do US Citizens Use Offshore Brokers Like Sway Markets?

Below are some of the reasons why a US trader will choose to trade with Sway Markets 

CFD trading:

Contracts for differences (CFDs) are financial contracts between a broker and a trader which allows the trader to take positions on the broker’s platform and speculate on the price direction of underlying financial assets without ownership. For example, with CFDs, a trader can make money by predicting the price direction of a company’s stock market shares without owning the company shares.

Unfortunately, the regulators officially prohibited US traders from trading CFDs. However, Sway Markets gives US traders opportunities to trade CFDs from stocks, indices, and commodities.

High leverage:

Leverage is a tool that multiplies a trader’s market exposure in relation to his deposit. US traders are mandated to restrict forex leverage to 1:50 but Sway Markets offers up to 1: 500. This means that with a deposit of $500; you can open positions worth $250000. With higher leverage, there is a higher chance of making more profits provided that the market moves in favor of your position.

Low trading capital:

With Sway Markets, US traders can start trading with $10 but US-regulated brokers demand a higher minimum deposit. Also, the trading fees and commissions are much lower with Sway Markets than with the US-regulated brokers. It could be because obtaining and maintaining a US forex broker license is expensive.


The United States has stringent tax laws which are almost impossible to evade. Forex traders are required to pay taxes on their profits. Trading with unregulated brokers like Sway Markets makes it easier to pay reduced taxes especially if BTC is used to fund and withdraw from the trading account.

Pros and Cons of Sway Markets:

Pros :

  • The maximum leverage is as high as 1:500 ( Leverage may vary based on account types and tradable asset types, for example, Forex: 1:500, Indices: 1:200, Commodities: 1:200, Crypto: 1:100,  Stocks: 1:10) 
  • Allow Crypto CFD Trading 
  • Offers 100+ trading instruments including 100+ trading instruments including Forex, Cryptos, Metals, Indices, Stocks & Commodities
  • Raw spread starting from as low as 0.0 pips 
  • Offers its own platforms: Sway Charts, Sway Charts Pro
  • Demo Accounts are Available 
  • Higher Leverage for US, and EU clients. 
  • Allow Scalping, EA Trading, and News Trading 
  • Sway Markets Accepts Crypto Deposits
  • Offers only its own trading platforms (Sway Charts). No other trading platforms are offered 


  • Unregulated offshore forex broker 
  • Very limited deposit and withdrawal methods ( Cryptos and Skrill) 
  • A limited number of tradable assets 

Which countries are restricted on Sway Markets

As Sway Markets is an unregulated offshore forex broker. It can onboard clients from anywhere in the world. However, due to business decisions or third-party restrictions, the broker does not accept clients from the following countries: 

Afghanistan, Botswana, Burma (Myanmar), The Democratic Republic of the Congo, Crimea, Cuba, Ethiopia, Iran, Iraq, Japan, Lebanon, Libya, Malta, North Korea, Pakistan, The Republic of the Congo, Russia, Somalia, Srilanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Vietnam, Australia, New Zealand, and Zimbabwe 

Frequently Asked Questions (FAQs)

What is Sway Markets?

Founded in 2023, Sway Markets is an online forex and CFD broker. It is an unregulated forex broker that offers 100+  instruments including Forex, Cryptos, Metals, Indices, Stocks & Commodities. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Sway Markets is as high as 1:500. 

Is Sway Markets Regulated in the USA?

No. Sway Markets is not regulated in the USA. It is an unauthorized offshore forex broker. 

Does Sway Markets have an office in the USA?

No, Sway Markets does not have an office in the USA. As per their website, the broker is located in St Vincent & Grenadines

Where is Sway Markets located?

Sway Markets is located in  St Vincent & Grenadine: Euro House, Richmond Hill Road, Kingstown, P.O. Box 2897

Can Americans use Sway Markets?

Yes, American traders can use Sway Markets. However, traders should take care while trading with unregulated forex broker

Final Thoughts :

Sway Markets is a forex broker that offers online forex and CFD trading services. The broker gives access to trade with a wide range of trading instruments including Forex (Major, minor, exotic), indices, commodities ( metal, energies, agriculture), and Stocks ( US stocks, EU Stocks). The broker allows almost all trading styles including scalping, hedging, copy trading, and news trading. 

Sway Markets allows US clients to enjoy forex trading services on their own terms. If you like high leverage, Sway Markets offers leverage up to 1:500 Traders are allowed to use any strategies including scalping, hedging, news trading, and so on. Unlike US-regulated brokers, Sway Markets offers CFD trading. The broker uses its own trading platforms Sway Charts, and Sway Charts Pro. The broker offers PAMM services to its clients. 

Disclaimer: Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with offshore forex brokers puts your funds at higher risks

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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