What Account Types and Fees Does Swissco Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| STP Bronze Account |
Beginner traders |
Standard spreads, basic training and market analysis |
Suitable for those seeking a simple fee structure |
| STP Silver Account |
Intermediate traders |
Lower spreads, includes dedicated account manager |
Ideal for traders looking for personalized support |
| STP Gold Account |
Experienced traders |
No commission, interbank spreads, advanced training |
Best for traders wanting comprehensive support |
Account Opening Process
Opening an account with Swissco involves a straightforward process that can be completed in a few steps. First, visit the official Swissco website and click on the “open an account” button. You will need to fill in the required personal information, including your name, email, and phone number. Next, select the account type that best suits your trading needs. After that, submit the necessary identification documents for verification, such as a government-issued ID and proof of address. Once your account is verified, you can fund your account using one of the available payment methods and then start trading. It is important to note that account flexibility is available, allowing you to upgrade to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
Variable |
$2 (for STP Silver) |
Standard spreads apply |
| CFDs (Indices) |
Variable |
$2 (for STP Silver) |
Standard spreads apply |
| CFDs (Commodities) |
Variable |
$2 (for STP Silver) |
Standard spreads apply |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, clients should be aware of other potential costs associated with their accounts. These may include deposit and withdrawal fees, inactivity fees, and any platform usage fees if applicable. Additionally, overnight interest (swap rates) may apply for positions held beyond the trading day, and currency conversion fees could be incurred depending on the transactions conducted.
