Crypto Frontline

Company highlights

Swapsco Market is a relatively new online trading brand, claiming to empower traders of all levels with adequate tools and resources. It aims to establish itself as a trusted name in the FX and CFD trading community by ensuring that diverse customer needs are met. 

Trading with Swapsco Market might be advantageous when judging by market coverage and account features. Since not many people have heard of the brand yet, we would like to provide a new Swapsco Market broker review, discussing some of the main benefits you get when working with them. 

Cryptocurrency trading

One of the standouts that automatically caught our eye is crypto trading. With this brand, you can either buy or sell popular coins such as Bitcoin, Ethereum and Litecoin. You’ll find crypto-to-fiat and crypto-to-crypto pairs as part of its asset index, which means it is a lot easier to trade weak vs. strong cryptocurrencies. 

Although traders who work with this broker enjoy a diverse array of crypto, they’re not limited to this field. The range of trading opportunities covers other popular markets as well, including forex, indices, commodities and shares. You can see all the instruments after logging into the trading platform provided by Swapsco Market. 

Account opening

Traders who don’t know how to open a trading account yet don’t need to worry because Swapsco Market can provide guidance on that front. This is a simple process that involves filling in a simple form and then uploading identification documents to complete KYC. 

Another decision you have to make when trading with this broker is regarding your account type. For the time being, Bronze, Silver, Gold and VIP Platinium are your options of choice. The offer is diverse and addresses traders with various levels of expertise. It also takes into account the fact that different clients are able to deposit different amounts when getting started.

With that being said, for a deposit up to 12,500 EUR you qualify for the Bronze account. Spreads start from 2.8 pips and max leverage is capped at 1:100. You trade with the broker’s WebTrader, a proprietary solution incorporating a large number of trading tools. 

All traders working with Swapsco Market benefit from a personal account manager. Execution is STP and there are no requotes, meaning your orders are processed at the desired price at any point throughout the day. 

Customer service

Users interested in engaging with an agent can send an email to support@swapscomarket.com or use the contact form on the broker’s website. This is more than the standard customer support service you find with other brokers. 

Also, holding an account means better conditions support-wise since there is a personal account manager, who is in charge of making sure you get everything you need. 

Summary 

Swapsco Market entered the field of retail trading with some ambitious goals. Traders who want to sign up can trade a generous list of crypto pairs and popular markets. This looks like an affordable brokerage, considering the minimum deposit asked for a Bronze account is low. The bundle of trading features attached to a trading account also shows that the brand is client-centric.