Swissquote provides a complete and trustworthy Platform to meet your financial needs, regardless of whether you are an experienced investor or you are just beginning your trading career. Get involved with Swissquote and discover the power of online trading with a reputable Swiss Bank in this detailed Review of our trading-critique website.
| Swissquote Highlights | |
|---|---|
| Regulated By | Swiss Financial Market Supervisory Authority (FINMA)Switzerland |
| Securities Commission of Malaysia (SC)Malaysia | |
| Dubai Financial Services Authority (DFSA)The United Arab Emirates | |
| Financial Conduct Authority (FCA)The United Kingdom | |
| The Securities and Futures Commission (SFC)Hong kong | |
| The Malta Financial Services AuthorityMalta | |
| Account Types | Standard AccountPremium AccountPrime AccountProfessional Account |
| Demo Account | YES |
| Islamic Account | YES |
| Minimum Deposit | $1000 |
| Maximum Leverage | 1:100 |
| Payment Method | Bank Transfer Credit/Debit Card |
| Account Base Currencies | AUD, CHF, CAD, CZK, EUR, GBP, HUF, JP, NOK PLN, SEK, SGD, TRY, XGD, USD |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) Swissquote Advanced Trader Fix API Swissquote Mobile App |
| Assets | Forex Cryptocurrencies Commodities Options and futures Stocks Bonds ETFs |
| Commission | YES |
| Customer Support | 24/5 |
Swissquote Review – An Intro
Swissquote is a well-known provider of financial services and online trading that is based in Switzerland. Swissquote, which has a long history dating back to 1996, has made a name for itself as a reputable and trustworthy Platform for institutions and individuals looking to participate in international financial markets.
Its main office is in Zurich, and it also has locations in London, Luxembourg, Singapore, Dubai, Hong Kong, and other cities. In 2000, it became a publicly traded company on the SIX Swiss Stock Exchange, and since then, it has developed into a reputable Banking group. It serves as an official sponsor of the UEFA Conference League and Europa League. The Bank serves more than 500,000 customers worldwide, has over 3 million products to offer, and has client assets worth more than CHF 51 billion.
Swissquote – Knowledge Bites
Swissquote has a reputation for being dedicated to technological development. It consistently makes investments in cutting-edge infrastructure to guarantee stability and speed of trade execution. Traders can manage their portfolios and stay connected while on the go because of the Platform’s Mobile Applications. Additionally, Swissquote’s customer service is renowned for providing individualized and multilingual support.
Regulations & Trustability Review of Swissquote
Swissquote upholds strict rules as a Swiss Bank, guaranteeing the highest level of transparency and security for its customers. The following regulatory organizations oversee Swissquote:
| Country | Regulation | Registered office |
|---|---|---|
| Switzerland | Swiss Financial Market Supervisory Authority (FINMA) | Swissquote Bank SA Ch. de la Crétaux 33 P.O. Box 319 1196 Gland, Switzerland |
| Singapore | Monetary Authority of Singapore (MAS) | Swissquote Pte. LtdOffice 34-01AOne Raffles QuayNorth TowerSingapore, 048583Phone: +65 6982 6780b2bsingapore@Swissquote.com |
| the United Arab Emirates | Dubai Financial Services Authority (DFSA) | Swissquote MEA LtdAl Fattan Currency HouseLevel 9, Office 904Tower 2, DIFCP.O. Box 121364Dubai, United Arab Emirates |
| The United Kingdom | Financial Conduct Authority (FCA) | Swissquote LtdBoston House63-64 New Broad StreetLondon EC2M 1JJUnited Kingdom |
| Hong Kong | The Securities and Futures Commission (SFC) | Swissquote Asia LtdSuites 3202-04, Level 32/FICBC Tower3 Garden RoadCentral, Hong Kong< |
| Malta | Malta Financial Services Authority | Swissquote Financial Services (Malta) LtdPenderGardensSt. Andrew’s StreetSt. Julians, STJ 1901Malta |
Review of Accepting Countries for Swissquote
It’s crucial to keep in mind, though, that depending on the nation and its laws, different services might be offered. Swiss quotes welcomed clients from a wide range of nations but were restricted to:
| Denied Countries |
|---|
| Canada France Germany Italy Japan Russian Federation the USA Turkey United Kingdom |
Review of Awards Won by Swissquote Broker
In appreciation for its work as a preeminent online Broker, Swissquote has won numerous awards. The following list of Swissquote’s notable honors:
| Award | Awarded by |
|---|---|
| Best Digital Bank in Switzerland 2020 | the International Finance Awards in 2020 |
| Best Online Trading Platform Europe 2021 | the Global Banking & Finance Review Awards 2021 |
| Best Forex Broker in Switzerland 2021 | the Global Forex Awards 2021 |
| Best Online Broker 2021 | Swiss financial magazine “Bilanz” |
Investments, Products, and Instruments Review of Swissquote
The trading and investment opportunities on the Swissquote Platform are extremely diverse and include stocks, bonds, ETFs, forex, commodities, and cryptocurrencies.
Financial Instruments that you can trade using Swissquote:
Forex
Swissquote gives customers access to the foreign exchange market so they can trade popular currency pairs. Trading foreign exchange involves placing bets on changes in exchange rates between various currencies.
Cryptocurrencies
Customers can invest in well-known cryptocurrencies through Swissquote’s cryptocurrency trading service. These digital assets are available for direct purchase as well as CFD trading by customers.
Commodities
Customers of Swissquote can trade a variety of commodities, including agricultural products, energy products, precious metals, and others.
Options and futures
Swissquote offers services for trading futures and options. With the help of these derivative instruments, clients can speculate on the potential price changes of the underlying assets or protect their current positions.
Stocks
The NASDAQ, New York Stock Exchange (NYSE), Tokyo Stock Exchange (TSE), London Stock Exchange (LSE), and SIX Swiss Exchange are just a few of the major international stock exchanges that are accessible through Swissquote.
Bonds
Customers can trade a variety of bonds with Swissquote, including corporate, municipal, and government bonds. Regular interest payments are provided by these fixed-income securities, which are considered to be less volatile than stocks.
ETFs
Swissquote provides a range of ETFs that follow various indices and industry sectors. These funds give investors diversified exposure to particular markets or specific asset classes.
Trading Platforms available in Swissquote – A Review
Trading Platforms that are innovative and user-friendly and designed to meet the needs of both new and experienced traders allow traders to access these markets. Swissquote offers the following trading Platforms:
Trading Platforms that can be used for trading in Swissquote:
MetaTrader 4
Swissquote supports the well-known MetaTrader 4 Platform, which is used by traders all over the world. An intuitive user interface, automated trading options with Expert Advisors (EAs), sophisticated charting tools, and access to a huge collection of technical indicators are all features of MT4.
MetaTrader 5
MetaTrader 5, the Platform that replaces MT4, is another service that Swissquote provides. It is ideal for traders who need sophisticated features and access to a wider variety of markets. MT5 offers improved features, such as more order types, more charting tools, and enhanced backtesting capabilities.
Swissquote Advanced Trader
This Platform is exclusive to Swissquote and offers a full range of features and tools for traders of all types. It offers a variety of order types, advanced charting features, customizable layouts, and real-time market data.
Fix API
Fix API is available to traders who have deposited at least 50,000 USD into their trading Accounts. An international Standard for electronic trading that enables greater connectivity among market participants is the Financial Information eXchange (FIX) protocol. It is for private traders with customized Platforms seeking optimal connectivity as well as institutional partners looking to offer profitable FX pricing to their customers.
Swissquote Mobile App
Swissquote provides trading applications for iOS and Android mobile devices. Customers can trade on the go with these apps, manage their Accounts, access real-time market data, and get notifications and alerts.
Review of Types of Accounts Available in Swissquote
Swissquote offers a variety of Account types to meet the various needs of its customers.
The Swissquote Account types are:
Standard Account
- Swissquote’s entry-level Account is the Standard Account, which requires a deposit of at least $1000.
- Spreads start wide at 1.30 pip.
- The smallest trade size is 0.01 lots.
- Trades are subject to no commission fees.
Premium Account
- The minimum deposit for the Premium Account is 10,000 USD.
- It is an Account with no commissions.
- Spreads beginning at 1.4 pip, which is still wider than those offered by other Brokers.
- The 0.1 lot minimum trade size applies to this Account.
Prime Account
- The minimum deposit for the Prime Account is $50,000.
- Spreads start at 1.1 pip, which remains wider than the spreads on entry-level Accounts with other Brokers.
- The Standard leverage is up to 100:1.
- The one-lot minimum trade size applies to this Account.
Professional Account
- The Professional Account can be completely customized.
- Based on the volume traded, the minimum deposit changes.
- The commission for trades is 5 USD round turn/lot.
- You can talk to your Account manager about customized spreads and pricing.
Demo Account Review of Swissquote
Users who want to practice trading or investigate the features of Swissquote’s Platform without risking real money have the option of opening a demo Account. Traders are given up to 100,000 USD in virtual funds to practice trading strategies. Demo Accounts are accessible for 30 days.
Fees & Commissions Review of Swissquote
The fee structure used by Swissquote can change depending on what kind of Account, the trading tools, and other aspects. Following are some typical charges made by Swissquote Brokers:
- There are no deposit fees at Swissquotes for traders.
- For withdrawals, fees are assessed.
- For inactivity, a fee is incurred. After six months of inactivity, there are monthly inactivity fees of $10.
- A Standard trading Account size has a maximum value of $25,000 and requires a $1000 initial deposit.
- Swissquote does not charge a maintenance fee.
- The swap rate applied to positions held overnight. The EUR/USD swap commission for a short position is 0.00000358, while the commission for a long position is 0.00003942.
- Except CFD shares, all three of Swissquote’s retail Account types offer commission-free trading.
- The commission and bid-ask spread charged by Swissquote Brokers are 1% for trade volumes of up to CHF 10,000, 0.75% for trade volumes of between 10,000 and 50,000, and 0.5% for trade volumes exceeding 50,000.
- Robo-advisory fees are assessed by Swissquote and range from 0.95% to 1.25%.
Deposit & Withdrawal Methods Review of Swissquote
Bank wire transfers or credit/debit card transactions can be used to make deposits and withdrawals in Swissquote. While withdrawals may incur fees, deposits are always free. The fifteen base currencies that Swissquote offers for trading include AUD, CHF, CAD, CZK, EUR, GBP, HUF, JP, NOK PLN, SEK, SGD, TRY, XGD, USD
| Swissquote Payment Method | Deposit Fee | Withdrawal Fee | Processing Time |
|---|---|---|---|
| Mastercard/Visa | Free of charge | Free of charge | Instant |
| Bank transfer | Free of charge | 10USD | Upto 1 working day |
Leverage available on Swissquote – A Review
According to our research and Swissquote Review, the leverage levels available at Swissquote vary depending on the law or jurisdiction in which the trading Account is held. Swissquote Brokers provide leverage up to 400:1 while still guaranteeing 100% of the funds. To take advantage of the highest leverage ratios, customers must deposit a minimum of $1000.
| Swissquote Assets | Maximum Leverage Ratio |
|---|---|
| Forex | Up to 30.:1 |
| Index CFD | Up to 20.:1 |
| Precious Metals | Up to 20.:1 |
| Commodities CFD | Up to 10.:1 |
| Bonds | Up to 5.:1 |
| For UK and EU clients | 30:1 |
| For Professional traders | 100:1 |
Trading Hours Review of Swissquote
Trading hours depend on the specific asset class. For instance, the New York Stock Exchange (NYSE) is open Monday through Friday from 09:30 a.m. to 4 p.m. EST, whereas the Forex market is open around-the-clock.
Trading Tools Review of Swissquote
Swissquote provides a selection of trading tools to help users with their trading and investing activities.
Trading Tools available in Tradeo:
Autochartist
Autochartist is a potent tool for traders who actively invest time in looking for technical trading patterns and trading opportunities. Fibonacci patterns, Regular chart patterns, and Key levels are the three main technical analysis options that Autochartist uses to send alerts as it continuously scans the market for patterns.
MetaTrader Master Edition
MetaTrader Master Edition is the most advanced development of the MT4/MT5 Platform. It enables traders to access all trading Account activity from a single terminal. It offers stealth order functionality, which enables traders to close all positions at once, as well as a correlation matrix to aid traders in managing portfolio risk.
Trading central
Trading Central enables traders to decide which trades to place using Professional analytics. The MT4 and MT5 Platforms’ built-in trading tools let users create trading strategies and spot opportunities in real-time.
Bonus Review of Swissquote
Swissquote doesn’t provide its customers with any deposit bonuses. However, to qualify for this Broker’s “Refer a Friend” bonus, a Swissquote Broker must sponsor or refer a friend or member of their family to the Swissquote Platform. After the recommended friend makes the required deposits at Swissquote, the bonus is only credited.
Education and Research Review of Swissquote
Swissquote provides a variety of research and educational resources to help its clients become more knowledgeable traders and make wise investment choices. To help users improve their trading abilities, the company places a strong emphasis on education and offers a variety of resources like live webinars, tutorials, and educational materials. Swissquote may regularly host webinars and seminars covering a variety of trading-related topics.
Swissquote’s extensive analysis and research tools, which give users useful information, market trends, and up-to-the-minute data, are one of its main benefits. Accessing a wealth of information, such as Professional commentary, economic calendars, and technical analysis, enables traders to make informed decisions.
Advantages & Disadvantages of Swissquote
Swissquote has both advantages and disadvantages which are listed in Table 7.
 Pros of Swissquote |  Cons of Swissquote |
|---|---|
| Trustworthy and reliable financial institutionFinancial environment that is steady and secureMobile trading for access on the goNumerous financial services are available.Resources for financial educationInternational market accessibilityEasy-to-use trading Platforma variety of investment options | High Maintenance fees for AccountsMinimum deposit amounts that are relatively higherCertain investment products are only occasionally available.Restrictions or limitations imposed by regulations |
Customer Support Review of Swissquote
Swissquote provides its customers with customer support services via
phone, email, live chat, and an online help center. Swissquote could have an
online support portal or help center that offers a thorough knowledge base with
frequently asked questions (FAQs), webinars, tutorials, guides, and other
resources to help users find solutions to common questions. Swissquote’s
customer service team is available Monday through Friday from 8 a.m. to 8 p.m.
(UK time).
| Customer support service details of Swissquote | |
|---|---|
| Phone | 0848 258888 ( Switzerland)+4144828888 ( International) |
| https://twitter.com/Swissquote | |
| https://www.facebook.com/Swissquote.en | |
| https://www.linkedin.com/company/Swissquote | |
| https://www.instagram.com/Swissquote_official/ | |
| Youtube | https://www.youtube.com/user/SwissquoteBank |
| Tiktok | https://www.tiktok.com/@Swissquote_official |
In a Nutshell – Swissquote Review
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Frequently Asked Questions – Swissquote
1. What’s Swissquote’s highest possible leverage?
Swissquote allows retail traders a maximum leverage of 1:100.
2. What is Swissquote’s required minimum deposit?
The required minimum deposit is $1000.
3. How can I fund my Swissquote Account?
Either credit card deposits or eBanking are two convenient and safe ways that Swissquote offers to fund your Account.
4. On Swissquote, are you able to short?
No, it is not possible.
5. Does Swissquote provide a demo Account?
It certainly does.
