EURSWISS Spreads, leverage, minimum deposit Revealed

　　Note: GPM is to operate via the website - https://www.gpmfx.com/#, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

　　Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

Feature	Detail
Regulation	No Regulation
Market Instrument	forex, CFD, metals and cryptocurrency
Account Type	MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD (no commission), Sirix NDD and MT5 NDD
Demo Account	N/A
Maximum Leverage	1:1000
Spread (EUR/USD)	3 pips
Commission (withdrawal fee)	2.5% on the withdrawal amount plus €1.5
Trading Platform	MT4 & Sirix
Minimum Deposit	$0
Deposit & Withdrawal Method	credit card, Paysafecard, CashU, QIWI Wallet and Bitcoin

　　EURSWISS, a trading name of Aderon EU LLC., is allegedly a forex and CFD broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:1000 and floating spreads around 3 pips on the MT4 and Sirix trading platforms via 6 different live account types.

　　As for regulation, it has been verified that EURSWISS currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.33/10. Please be aware of the risk.

　　Market Instruments

　　EURSWISS advertises that it offers access to a wide range of trading instruments in financial markets, including forex, CFD, metals and cryptocurrency.

　　Account Types

　　EURSWISS claims to offer 6 types of trading accounts, namely MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD (no commission), Sirix NDD and MT5 NDD. The minimum initial deposit amount is as low as $0 for the MT4 Cent account, while $50 for MT4 Fixed, MT4 NDD, MT4 NDD (no commission) and Sirix NDD accounts, and $1,000 for the MT5 NDD accounts.

　　Leverage

　　The maximum leverage provided by EURSWISS reaches up to 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

　　Spreads

　　From the bid/ask price for the EUR/USD currency pair on EURSWISS trading platform, we calculated that the spread is 3 pips, while the industry average spread is only 1.5 pips.

　　Trading Platform Available

　　The platform available for trading at EURSWISS is one of the most notable and preferred trading platforms the market offers - MetaTrader4 and Sirix. The MT4 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

　　Deposit & Withdrawal

　　EURSWISS says to work with numerous means of deposit and withdrawal choices, consisting of credit card, Paysafecard, CashU, QIWI Wallet and Bitcoin. There is no minimum initial deposit required. Minimum withdrawal amount and fees depend on the choice of payment method. For example, the minimum withdrawal amount for bank transfers is $80 and the withdrawal processing request may take between 2 and 5 business days. For a withdrawal via credit card, the maximum amount is €3,000 per 24 hours or not more than €10,000 per month. The commission is 2.5% on the withdrawal amount plus €1.5.

　　Fees

　　Apart from withdrawal fees, EURSWISS also charges a dormant fee. If an account stays inactive for over 90 days, it is considered to be dormant and the monthly maintenance is up to $5.

　　Customer Support

　　EURSWISS customer support can be reached by telephone: 8 800 575-14-22, email: kz@eurswiss.com china@eurswiss.com. Company address: Saint Vincent and the Grenadines & Office 1003, Floor 10, Block 4B, Business Centre “Nurly Tau”, Al-Farabi 17 Avenue, Almaty Kazakhstan.

　　Pros & Cons

Pros	Cons
• Multiple account types and payment options offered	• No regulation
• MT4 supported	• Website inaccessible
• No minimum initial deposit requirement	• Uncompetitive spreads
	• Commission charged

　　Frequently Asked Questions (FAQs)

Q 1:	Is EURSWISS regulated？
A 1:	No. It has been verified that EURSWISS currently has no valid regulation.

Q 2:	Does EURSWISS offer the industry-standard MT4 & MT5？
A 2:	Yes. EURSWISS offers the MT4 and Sirix trading platforms.

Q 3:	What is the minimum deposit for EURSWISS？
A 3:	There is no minimum initial deposit requirement at EURSWISS.

Q 4:	Does EURSWISS charge a fee？
A 4:	Yes. Like every forex broker, EURSWISS charges a spread fee, as well as the withdrawal commission fee and dormant fee.

Q 5:	Is EURSWISS a good broker for beginners？
A 5:	No. EURSWISS is not a good choice for beginners. Although it offers the leading MT4 trading platform and there is no minimum initial deposit requirement, the lack of legitimate regulation is the truth and its website is inaccessible.