What Account Types and Fees Does Swiss Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners to intermediate traders |
Low spreads, user-friendly interface, educational resources |
Ideal for small-capital practice and personal trading |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools, tighter spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Custom solutions, dedicated account manager, multi-user access |
Requires corporate documentation and verification |
| Islamic Account |
Traders adhering to Sharia law |
Swap-free trading, compliant with Islamic finance principles |
Available upon request, subject to verification |
| Demo Account |
All trader levels |
Risk-free practice, virtual funds, access to all trading features |
Suitable for testing strategies and platform familiarity |
Account Opening Process
To open an account with Swiss Capital, users need to follow a series of straightforward steps. Initially, applicants must submit personal information, including their name, address, and contact details. Next, employment and financial information are required to ascertain the applicant’s trading experience and financial standing. Identity verification is a crucial step, necessitating the provision of an official ID (such as a passport) and proof of address (like a utility bill or bank statement). The account opening process offers flexibility, allowing users to upgrade from a Retail to a Professional Account later, depending on their trading activity and volume.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major currency pairs |
| CFDs (AAPL) |
1.5 |
$5 per lot |
Competitive fees for stocks |
| CFDs (Gold) |
3.0 |
$10 per lot |
Standard spreads for commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Swiss Capital has a transparent fee structure that includes various charges. Deposit and withdrawal fees are typically low, with electronic transfers often being free. However, some methods may incur fees. Inactivity fees apply if an account remains dormant for an extended period. Platform usage fees are not applicable, as the trading platform is provided at no additional cost. Overnight interest, also known as swap rates, may apply to positions held overnight, and currency conversion fees are charged when trading in different currencies.
