Frequently Asked Questions

Overview

Swiss Dealing offers three subscription plans for a live trading. Each plan has a monthly flat subscription fee (non-refundable), which allows our clients to benefit from near-zero FX spreads. Swiss Dealing does not accept deposits, meaning that after subscription you start trading with a zero balance. Your account balance, however, cannot drop below certain minimum level, which is determined by the subscription plan.

1. What is subscription fee?

   Subscription fee is a flat non-refundable transaction fee paid on a monthly basis. In exchange, you benefit from near-zero bid/ask spreads on 7 major currency pairs (see more details here).

   Plan	Max position*	Minimum balance	Monthly subscription
   Mini	2,500	-5 USD	6 USD
   Standard	5,000	-10 USD	12 USD
   Premium	10,000	-20 USD	24 USD

   * — in currency units. The total size of all open positions cannot exceed this amount.

2. What about $100 bonus?

   Swiss Dealing does not offer direct bonuses anymore. However, every new client receives an indirect bonus by being allowed to trade without initial deposit. For example, if you have a premium account then your effective bonus is at least $100.

3. I have subscribed to a live account but my balance is zero.

   Our clients start trading within the limit of the subscription plan without initial deposit. However, the account balance is not allowed to drop below certain minimum, which depends on the subscription plan (see previous question the table above).

4. How can I fund my account?

   Log into our web site and go to Settlement page. Please note that we do not accept deposits. That is, you can transfer funds only to cover your negative balance.

5. How can I withdraw my profit?

   Profits are automatically transferred to your PayPal account each Sunday. Please, note that all open positions should be closed before weekend. All open positions are automatically closed on Friday 21:50 GMT.

6. What are typical bid/ask spreads?

   	EUR/USD	GBP/USD	USD/JPY	USD/CHF	USD/CAD	AUD/USD	NZD/USD
   Average spread	0.5 pips	1.0 pips	0.6 pips	0.9 pips	1.2 pips	0.8 pips	1.4 pips
   25% quotes	≤0.2 pips	≤0.4 pips	≤0.4 pips	≤0.4 pips	≤0.6 pips	≤0.4 pips	≤0.6 pips
   75% quotes	≤0.8 pips	≤1.4 pips	≤0.8 pips	≤1.4 pips	≤1.6 pips	≤1.2 pips	≤2.2 pips
   Zero spreads	12%	6%	10%	7%	6%	9%	3%

7. How can I fund my account?

   Log into our web site and go to Settlement page. Please note that we do not accept deposits. That is, you can transfer funds only to cover your negative balance.

8. My account is blocked, however, the account balance is above the minimum level. How is that possible?

   The account is immediately blocked after its balance reaches or falls below the minimum level determined by the subscription plan. All open positions are then closed at market prices. The final balance may differ from the minimum level due to price fluctuations.

9. What are the trading days?

   Sunday 23:00 GMT – Friday 21:50 GMT.

10. What does “Your Account” panel show?

    Open P&L – Profit (Loss) of currently open positions. It changes as market prices move.

    Realized P&L – Profit (Loss) realized from the previous trading. It is independent of current prices.

    Balance = Open P&L + Realized P&L. The balance is not allowed to drop below the minimum determined by the subscription plan.

    Referrals – the money earned this week on referred accounts.