Best Swift Brokers 2025
Discover the best brokers with Swift deposits and withdrawals following our rigorous hands-on tests.
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1Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.7 Founded in 2009, Vantage provides trading on over 1000 CFD products to more than 900,000 customers. Forex CFDs can be traded from 0.0 pips on the RAW account using TradingView, MT4 or MT5. Vantage is regulated by ASIC and keeps client funds separate. The company also offers a variety of social trading tools for those interested in copy trading. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 LiteFinance is a broker regulated offshore that provides 55 forex pairs and various international stocks. They also offer selected indices, commodities, and cryptocurrencies. They provide support for MetaTrader 4 and 5 platforms, as well as their own mobile app. LiteFinance offers a classic non-commission account and an ECN account with spreads from zero and a per-lot commission. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 eToro is a highly-rated platform that offers trading services in numerous CFDs, stocks, and cryptoassets. Established in 2007, it is used by millions of traders worldwide and is regulated by top-tier governing bodies such as the FCA and CySEC. eToro is well-known for its extensive social trading platform. Through eToro USA LLC, crypto trading is available. Investments are subject to market risk, and the initial invested principal may be lost. CFDs are not offered in the U.S In the UK and some EU countries, investing in cryptoassets is highly volatile and unregulated, with no consumer protection. Profits may be subject to tax. Some retail CFD traders lose money.
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Safety Comparison
Compare how safe the Best Swift Brokers 2025 are.
Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
Compare how we rated the Best Swift Brokers 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Swift Brokers 2025.
Broker Popularity
See how popular the Best Swift Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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eToro |
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Vantage |
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LiteFinance |
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AvaTrade |
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IC Markets |
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Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
Cons
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- You can trade more than 2,250 CFDs in various markets, such as forex, commodities, indices, stocks, bonds, and cryptocurrencies. This range enables varied trading strategies.
- IC Markets won DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its top-notch MetaTrader integration, perfected over years to enhance the platform experience.
- IC Markets provides reliable 24/5 support, especially for account and funding matters, based on direct experience.
Cons
- The range and quality of educational materials, such as tutorials and webinars, require improvement. This lag falls behind competitors like CMC Markets and reduces its suitability for novice traders.
- Interest is not earned on unused funds, a feature commonly available at other platforms such as Interactive Brokers.
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
Why Trade With Vantage?
Vantage is a solid choice for CFD traders looking for a strictly-controlled broker that offers the dependable MetaTrader platforms. The registration process is swift and there’s a $50 minimum deposit, making it easy for traders to start quickly.
Pros
- Opening a live trading account is a swift and straightforward process that takes less than 5 minutes.
- Vantage has enhanced its algorithmic trading tools by introducing AutoFibo EA. This feature allows proficient traders to detect potential reversals in the market.
- There's a great suite of trading software available, including the acclaimed platforms MT4 and MT5.
Cons
- Test results show that average transaction speeds of 100ms-250ms are slower than other trading options.
- Unfortunately, some customers may have to sign up with an offshore company, providing less regulation protection.
- To enjoy optimal trading conditions, a significant deposit of $10,000 is required. These conditions include a commission fee of $1.50 per side.
Why Trade With LiteFinance?
LiteFinance is ideal for traders who want high leverage for forex, stocks, commodities, indices, or cryptocurrencies. The social trading system also benefits new investors who want to learn from experienced traders.
Pros
- Tested customer support is quick and dependable for traders.
- Traders can access high leverage up to a 1:500 ratio.
- Social trading service
Cons
- Does not accept US traders
- The Classic account has broad trading spreads.
- Not supervised by any major regulator.
Why Trade With eToro?
eToro's social trading platform ranks highly due to its excellent user experience and active community chat, useful for beginners seeking trading opportunities. The platform also offers competitive fees on a vast selection of CFDs and actual stocks, alongside beneficial rewards for skilled strategy contributors.
Pros
- eToro secured second place in DayTrading.com's 'Best Crypto Broker' for 2025 due to its wide range of tokens, reliable service, and competitive fees.
- The web platform and mobile app receive higher user reviews and app rankings than leading competitors, including AvaTrade.
- eToro has expanded its investments by adding new cryptocurrencies, now offering over 90 digital currencies.
Cons
- The absence of extra charting platforms like MT4 may reduce the appeal for experienced traders used to third-party software.
- There are no guaranteed stop-loss orders, which would be a helpful risk management feature for beginners.
- The minimum withdrawal amount is $30 with a $5 fee, impacting beginners with little capital.
Filters
Swift: A Simple Guide to International Payments
The Society for Worldwide Interbank Financial Telecommunications, known as Swift, is a system that lets banks and financial institutions send money around the world. They use a unique and secure messaging service to make these transactions happen. Some online brokers allow their customers to make deposits and withdrawals using Swift.
In this article, we’ll explain how Swift works, why it’s secure, and how it benefits traders. We’ll also share a list of top brokers that use Swift.
How We Found the Best Swift Brokers
To find the top brokers that support Swift payments, we:
- Checked our database of 500 online platforms to find those that accept Swift payments
- Ensured they offer Swift deposits and withdrawals for traders
- Ranked them based on a combination of our research findings and over 100 data points
What is Swift and How Does it Work?
Swift was established in the 1970s and uses a special code for each bank, country, and location. This code is part of the payment details and forms a message that can be sent internationally. Swift doesn’t handle money or manage accounts; it simply provides a messaging service to help move money between banks.
Benefits of Using Swift for Trading
Widely Used
Swift is the leading financial messaging service globally, managing over five billion transactions each year. Most major UK banks like HSBC and banks worldwide, along with companies like Revolut, use Swift. Many online brokers like AvaTrade and Plus500 also process transactions using Swift.
Universal Understanding
Designed for global transactions, Swift messages can be understood universally. Banks in different countries can use the system without language barriers. The message formats are standardized, making international payments smooth and easy to understand.
Full Traceability
Every Swift message includes details about where it came from and where it’s going, ensuring traceability. This feature offers traders extra security and peace of mind when dealing with international brokers. With technologies like Swift GPI, banks can even track payment statuses, providing transparency throughout the process.
Drawbacks of Using Swift for Trading
High Costs
Using Swift can be expensive, as there are often fees for both the sender and receiver. Banks and brokers might also give unfavorable exchange rates for currency conversions, making Swift sometimes more costly than alternatives like PayPal.
Not Universally Accessible
To use Swift for trading, you need a bank account. However, not everyone has a bank account, often due to not passing identity checks. In contrast, newer technologies like blockchain allow people to make payments with less stringent identity requirements.
Payments are Final
Once a Swift payment is sent, it can’t be undone, unlike regular bank transfers where you might be able to reverse it. This finality could be a concern for traders handling large sums of money.
How Fast Are Swift Payments?
Swift payment timings can be slow, sometimes taking up to seven days as the payment travels between banks. Swift payments don’t get processed on weekends. However, Swift is working on systems to speed up transactions, aiming for same-day completions with their GPI system. Still, the process can take 1-4 days because not all banks use the Swift GPI.
Security Measures
Swift is considered a secure way to transfer funds because of:
- If there’s a coding error – strict guidelines ensure errors are managed, preventing funds from disappearing.
- If messages get lost – Swift-enabled banks are responsible for tracking lost transactions.
Despite the transaction security, once a transaction reaches its recipient, it can’t be reversed. Also, previous security breaches have led Swift to enhance its systems to detect and stop suspicious transactions.
How to Make Deposits with Swift
To deposit money using Swift, you usually go through your bank, not directly through your broker’s website. You’ll need the broker’s Swift and IBAN numbers.
For example, at eToro:
- Log in and navigate to ‘Deposit’
- Enter the amount and currency
- Select ‘Bank Transfer,’ and you’ll receive eToro’s bank details
- Use your banking app to complete the transfer
- Send a confirmation screenshot to the broker’s support
Withdrawing is similar but in reverse—ask your broker for a wire transfer, which might take a few days.
Fees and Costs
Swift payments usually come with fees from both sides. Some brokers cover these fees for deposits, but it’s wise to ask and check your broker’s policy. Also, if different currencies are involved, keep in mind that exchange rates might not be favorable.
Is Swift Good for Trading?
Knowing the perks and downsides of Swift will help you decide if it’s the right choice for making deposits with your broker. Swift is secure and easy because transactions go directly through your bank. But, it can be expensive due to fees, unfavorable exchange rates, and limited to bank hours. This makes it less appealing for small transfers.
While Swift has been a major method for international transfers, new technologies like blockchain are pushing for faster and more transparent options.
Check out brokerlistings.com to see a list of brokers that accept Swift deposits and start trading today.
FAQ
Is Swift Suitable for Domestic Payments to Brokers?
No, Swift is for international payments. Domestic transactions usually go through simpler bank transfers.
What Do Swift Payments to My Trading Account Cost?
Costs vary, but there are often fees on both ends of a transaction, usually around 6-10 GBP. Currency conversion can add 3-5% in fees.
How Long Do Payments Take With Swift?
Payments usually take 1-4 days, only processed on working days. Some brokers might have additional processing times.
Can Swift Trading Deposits Be Reversed?
No, once sent, Swift payments can’t be reversed.
Are Swift Trading Deposits Completed the Same Day?
Generally, no. Swift payments often take 1-4 working days. For immediate options, check broker reviews or their websites for more payment details.