Nash Markets and FXSway are two popular offshore forex and CFD brokers that offer online trading services to traders and investors worldwide. Both brokers accept U.S. clients and provide trading facilities with no FIFO rule, high leverage, low fees, and tight spreads without restrictions. Although these brokers offer similar services, each has its strengths and weaknesses.
In this article, we will compare and review Nash Markets and FXSway by exploring their trading conditions, instruments, minimum deposits, fees, features, and customer support. This comparison and research will help you determine which broker is better suited to your trading style and preferences.
Nash Markets vs FXSway: In a Nutshell
Nash Markets
Founded in 2020, Nash Markets is an online forex and CFD broker. It is an offshore forex broker that offers 138 forex pairs, stocks, indices, commodities, and cryptocurrency services to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Nash Markets is as high as 1:500.
Nash Markets at a Glance
- Founded Year: 2020
- Headquarters: Marshal Island
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: TradeLocker
- Account Types: Standard, Pro, Var, Mini, Cryptos
- Trading Style: Trading Styles: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Cryptocurrencies (ETH, LTC, XRP, DOGE, USDT)
- US Traders: Accepted
FXSway
Founded in 2021, FxSway is an online forex and CFD broker. It is an offshore forex broker that offers Forex, Crypto, Stocks, Indices, and Commodities to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of FxSway is as high as 1:500.
FxSway at a Glance
- Founded Year: 2021
- Headquarters: Saint Vincent and the Grenadines
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: TradeLocker (Desktop, Web, Mobile)
- Account Types: Standard, Var, Pro, Mini
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Cryptocurrencies ((BTC, ETH, XRP, LTC, DOGE & USDT)
- US Traders: Accepted
Nash Markets vs FXSway: Side By Side Comparison
Nash Markets vs FXSway: Pros and Cons
Nash Markets Pros & Cons
- Low Minimum Deposit – Starting from as low as $10
- Maximum leverage is as high as 1:500
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- Nash Markets Accepts Crypto Deposits
Cons:
- Unregulated offshore forex broker
- Only Crypto Deposit and Withdrawals are available
- Spread sometimes widens during market volatility
- No Managed Account Options
- No Meta Trader ( MT4/MT5) trading platforms.
FXSway Pros & Cons
- Low Minimum Deposit - Starting from $10
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- FxSway Accepts Crypto Deposits
Cons:
- Unregulated offshore Forex Broker
- Only Crypto Deposit and withdrawals are available
- Meta Traders (MT4/MT5) are not available. Only TradeLocker is offered
Final Thoughts:
Nash Markets and FXSway are unregulated offshore forex and CFD brokers in the industry. They offer similar trading services; they both allow scalping, hedging, EA trading, and Copy trading EA. The minimum order size for both of them is 0.01
However, there are a few areas where you may find some differences. For example, Nash Markets supports both MT4 and MT5 trading platforms. On the other hand, FXSway does not support MetaTrader (MT4/MT5) trading platform.It uses the Tradelocker trading platform. The minimum deposit for Nash Markets is $10, whereas the minimum deposit for FXSway is $10. Additionally, the maximum leverage for Nash Markets is 500:1, while the maximum leverage for FXSway is 500:1.
Our score for Nash Markets is 4.4, and for FXSway, it is 4.3 So, If you are looking for a high-leverage offshore broker with TradeLocker trading platform you may choose Nash Markets. However, If you want to use an offshore broker that offers similar trading services to Nash Markets, you may choose
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