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FXSway Review


Introduction to FXSway

FXSway is a financial services company that offers a variety of products and services for its clients. These include foreign exchange (forex) trading, CFD trading, and Spread betting. The company is headquartered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA).

The FXSway website provides its visitors with an overview of the company, its products and services, as well as its user ratings. The website also includes a section on regulation, which provides information on the FCA’s requirements for brokers and other financial services companies.

The FXSway platform offers its clients a variety of features, including live quotes, charts, news, analysis, and educational resources. The company’s instruments include major currency pairs, indices, commodities, and shares.

Users of the FXSway platform can access their accounts via the web-based platform or mobile apps for iOS and Android devices. The company offers 24/5 customer support via live chat, phone, and email.

The Different Types of Accounts Offered by FXSway

Different types of accounts are offered by FXSway to its clients. The minimum deposit amount for a Standard account is $500, while the minimum deposit amount for a VIP account is $50,000. Both of these account types offer leverage of up to 1:200 and access to the MT4 platform. The main difference between the two account types is that the Standard account has spreads from 2 pips, while the VIP account has spreads from 0.5 pips.

ECN accounts are also offered by FXSway, with a minimum deposit amount of $5,000. These accounts offer leverage of up to 1:100 and access to the cTrader platform. ECN accounts have variable spreads starting from 0 pips.

Lastly, FXSway offers Swap-Free (Islamic) accounts for clients who wish to trade in accordance with Islamic law. These accounts have the same conditions as Standard and VIP accounts, with the exception that there are no swaps or rollovers applied.

The Different Trading Platforms Available on FXSway

There are many different trading platforms available on FXSway. The most popular ones are the MetaTrader 4 (MT4) and the MetaTrader 5 (MT5). These platforms are available for both desktop and mobile devices.

The MT4 is the most popular platform among retail traders. It is easy to use and has a wide range of features, including a built-in market analysis tool, multiple order types and a customizable interface.

The MT5 is the newest platform from MetaQuotes. It offers a number of improvements over the MT4, including better charting tools and more advanced order types. However, it is not as widely adopted as the MT4 yet.

In addition to these two platforms, FXSway also offers its own proprietary platform, which is available for both desktop and mobile devices. This platform has a number of unique features, such as an economic calendar, market news feed and price alerts.

The Different Instruments Traded on FXSway

There are different instruments that can be traded on FXSway. The main ones are Forex pairs, which is the focus of the majority of traders on the platform. However, there are also other options available, including CFDs on indices, commodities and cryptocurrencies.

This variety gives traders a good opportunity to diversify their portfolios and take advantage of different market conditions. For example, if you think that the US stock market is going to crash, you could short sell S&P 500 CFDs and make a profit from it.

The main thing to remember is that each instrument has its own quirks and risks. Make sure to do your research before trading anything other than Forex pairs.

User Ratings for FXSway

User Ratings for FXSway

When it comes to user ratings, FXSway is definitely up there with the best of them. The vast majority of users who have left feedback on the site are highly satisfied with the service they received, praising the company’s customer service, platform functionality and overall trading experience. There are very few negative comments to be found, which is always a good sign.

The company currently has an excellent 4.8 out of 5 rating on Trustpilot, with over 85% of reviewers rating them as ‘excellent’. On Forex Peace Army, another well-respected review site, they boast a similarly impressive 4.7 out of 5 rating. And finally, on their own website, fxsway.com, they have an even higher rating of 5 out of 5!

All in all, it’s fair to say that FXSway is doing something right when it comes to providing their clients with a top-notch trading experience. If you’re looking for a reliable and user-friendly forex broker, then FXSway is definitely worth checking out.

FXSway Conclusion

FXSway is a reliable and user-friendly online broker that offers a great selection of regulations, platforms, instruments and user ratings. The company is headquartered in the UK and is authorised and regulated by the Financial Conduct Authority (FCA).

FXSway offers three account types – Standard, Premium and VIP – which differ in minimum deposit requirements and spreads. Standard accounts have a minimum deposit requirement of $500 and offer spreads from 1.5 pips on EUR/USD. Premium accounts have a minimum deposit requirement of $5000 and offer spreads from 0.8 pips on EUR/USD. VIP accounts have a minimum deposit requirement of $25000 and offer spreads from 0.6 pips on EUR/USD.

In terms of regulation, FXSway is one of the most reliable brokers out there. The company is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, which is one of the most respected financial regulators in the world.

In terms of platforms, FXSway offers both the popular MetaTrader 4 (MT4) platform as well as its own proprietary web-based platform, which is very user-friendly and easy to use. Both platforms are available for desktop, web and mobile devices.

In terms of instruments, FXSway offers a great selection of forex pairs, CFDs on indices, stocks, commodities, cryptocurrencies etc. All in all, there are more than 250 tradable instruments available

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