Swiss Markets Broker Information
- Jurisdiction: Mauritius
- Regulators: FSC Mauritius
- Founded: 2016
Swiss Markets Quick reference
It is operated by BDS Markets Ltd, registered in Mauritius at 06th Floor, Nexteracom Building, Ebene. It was founded in 2016. The company was licensed by the Mauritius Financial Services Commission offshore regulator under number C116016172. But the domain name of the site belongs to the BDS Ltd company, registered in the Seychelles.
- 250 trading instruments:
- precious metals,
- Commercial energy,
In the section with trading instruments, there is a calculator with the help of which even a novice trader can perform all the necessary calculations.
Another convenient service is the Economic Calendar. It is quickly updated several times a day, immediately after the events affecting economic indicators.
Swiss Market platform:
The company offers only one variant, but recognized all over the world and already considered a classic option - MetaTrader 4. The terminal can be used on all types of devices: personal computer, Mac, Android, iOS.
The site has step-by-step instructions for installation and configuration, followed by illustrations.
To open an account, you need to provide your name, phone, email, and also come up with a password. Contacts must be specified carefully, they will be required for the next stage - verification. All operations are carried out through the personal account: replenishment, account selection, management, application for withdrawal of funds.
In the process of creating a personal account, the broker, in accordance with legal requirements, repeatedly warns of risks and literally palm off a package of its documentation: it is true that it is exclusively in English.
Swiss Markets Account Types
The company offers two basic options: STP Classic and STP Raw. But there are nuances for each type of asset, as well as additional opportunities for increased deposits. Let’s consider the example of offers for Forex.
- CLASSIC STP ACCOUNT: it is available after minimum depositing of 200 dollars. Leverage is up to 1: 500, spreads are from 0.9 pips. The minimum lot is 0.01.
- RAW STP-SWISS11: deposit and lot minimum is similar to the previous one, leverage is up to 1: 200. Spreads are from zero, but commissions appear.
- RAW STP-SWISS8: starting deposit is from 2 000 USD, spreads are from 0, leverage is up to 1: 200. The minimum trading volume is 0.1 lot.
- RAW STP-SWISS5: it is available after investing $ 10,000. You can trade in minimum 1 lot.
On the basis of each account you can open the Islamic version. Tables with detailed conditions are prepared for all types of assets.
Swiss Markets contacts:
The address of the Seychelles main office at Tenancy 10, Marina House, Eden Island, Mahe is provided. There is an email and a feedback form.
The company has published 4 support phones in the following languages:
The site has been translated into 16 languages, including Russian, but telephone support is available only in the languages listed above.
Replenishment and withdrawal of funds from Swiss Markets
You can deposit funds into your account through the client portal by selecting your preferred method. The operation is performed instantly, no commission is charged.
The full list of replenishment methods is quite wide, it is presented in the table:
There are significantly fewer withdrawal options. There is no automatic execution, all applications are reviewed by company specialists - 24 hours on business days are allotted for this procedure. Possible ways of withdrawal:
- Bank transfers,
- Visa and MasterCard bank cards,
The minimum withdrawal amount is not indicated on the Russian version of the site. To clarify this and other details, you need to read the documentation, which is presented only in English.
Conclusion about Swiss Markets
Having a brokerage license is, of course, a plus. But keep in mind that the license of Mauritius is not highly quoted, and outside this island it will not help traders. For users from the CIS, the lack of Russian-language technical support and translation of documentation is inconvenient.