Swissquote Overview
| Website | swissquote.com |
| Year Founded | 1996 |
| Countries of Registration | Switzerland, Luxembourg, UK, Dubai, Hong Kong, Malta, Singapore, Romania, Cyprus, South Africa |
| Website Languages | English, French, German, Italian, Spanish, Russian, Arabic, Simplified Chinese, Traditional Chinese, Czech, Polish |
| Regulators | FINMA, CSSF, FCA, DFSA, SFC, MAS |
| Broker Type | STP |
| Dealing | A-book |
| Minimum Deposit | $1000 |
| Account Currencies | USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK |
| Spread | high |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView |
| Trading Assets | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities, Bonds |
Brief look at Swissquote
Swissquote is Switzerland’s flagship online banking and brokerage group, supervised by FINMA and listed on SIX (SQN). Combining a Swiss bank account with a multi-asset trading hub, it offers 70+ FX pairs, 400+ CFDs on MT4/MT5, the proprietary CFXD platform and TradingView. Retail leverage is capped at 1:100 (EU 1:30), spreads start from 1.7 pips on Standard and 1.1 pips on Prime, while client funds enjoy segregated custody and deposit insurance up to CHF 100 000/€100 000. The broker best suits safety-minded traders who value Swiss banking regulation, high-volume FX/CFD professionals needing FIX/API connectivity, and diversified investors seeking direct access to global exchanges from a single account. Beginners with very small deposits may find the USD 1 000 entry threshold and inactivity fee less attractive than at zero-commission fintechs.
Pros
- Bank-licensed, publicly traded and multi-jurisdictionally regulated
- 70+ FX pairs and 400+ CFDs; real stocks on 30+ exchanges
- Choice of MT4/MT5, proprietary Advanced Trader & FIX API
- Retail negative-balance protection and segregated funds
- Comprehensive research, Autochartist, free market news
Cons
- High minimum deposit ($1 000) and tiered account pricing
- Spreads above industry average on Standard account
- Inactivity fee after 6 months
- No support for Skrill/Neteller/PayPal funding
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Swissquote Reviews
Swissquote has been a reliable broker for my forex trading. The login process is smooth, and I appreciate the variety of account types they offer. The demo account helped me get comfortable before I started trading with real funds. Overall, I'm very satisfied.
8/15/2023I recently signed up with Swissquote and have been impressed with their trading platform. The MT5 and MT4 options are great, and the spreads are competitive. My only concern is the minimum deposit, which is a bit high for beginners.
9/10/2023Swissquote is decent, but I've experienced longer than expected withdrawal times. The app is functional, but I wish it had more features. The bonus offers are nice, but the trading conditions could be better.
10/2/2023I’ve been trading with Swissquote for a few months now and appreciate their leverage options. The rebate program is a nice touch, and the support is responsive. Just wish they had a quicker way to download reports.
9/20/2023Excellent broker! The trading experience has been smooth, and the demo account allowed me to practice before diving in. I love the diverse account types available. Highly recommended for anyone looking to trade forex.
7/30/2023Leave a Review
Is Swissquote regulated?
| Companies | Swissquote Bank Ltd; Swissquote Bank Europe Ltd; Swissquote Ltd (UK); Swissquote MEA Ltd; Swissquote Asia Ltd; Swissquote Financial Services (Malta) Ltd; Swissquote Pte. Ltd; Swissquote Tech Hub Bucharest S.R.L; Swissquote Capital Markets Ltd; Swissquote South Africa (Pty) Ltd |
| Countries | Switzerland, Luxembourg, UK, Dubai, Hong Kong, Malta, Singapore, Romania, Cyprus, South Africa |
| Regulators | FINMA, CSSF, FCA, DFSA, SFC, MAS |
| Investor Protection | esisuisse / FGDL |
| Investor Protection Size | CHF 100 000 / €100 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Swissquote Account Types
| Property | Standard | Premium |
|---|---|---|
| Min Deposit | $1 000 | $10 000 |
| Lot Size | 0.01 | 0.1 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1.7 pips | 1.4 pips |
| Fee | No | No |
| Max Leverage | 1:100 | 1:100 |
| Stop Out | 30% | 30% |
| Margin Call | 100% | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Swissquote Funding and Fees
| Base currencies | USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK |
| Deposit and withdrawal methods | Bank transfer (SWIFT/SEPA), Visa, Mastercard |
| Inactivity fee | $10 per month after 6 months of inactivity |
| Interest on margin | |
| Withdrawal Fee | $10 for standard bank withdrawals; card withdrawals 1.9 % (SEPA) / 0 % (non-SEPA) |
Swissquote Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView |
| Execution Speed | 9 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | high |
Swissquote Trading Assets
| Currencies | 76 |
| Indices | 26 |
| Stocks | 305 |
| Cryptocurrencies | 2 |
| Bonds | 3 |
| Metals | 16 |
| Energies | 9 |
| Soft Commodities | 5 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Swissquote Support
| fx@swissquote.com | |
| Phone | +41448258777 |
| YouTube | YouTube |
| TikTok | TikTok |
Swissquote Alternatives
| Broker | Swissquote | Interactive Brokers | Saxo | Dukascopy Bank SA | eToro | CornerTrader |
|---|---|---|---|---|---|---|
| Type | STP | DMA | DMA | ECN | MM, Social | STP |
| Minimum Deposit | $1000 | $1 | $1 | $1000 | $200 | $1200 |
| Regulators | FINMA, CSSF, FCA, DFSA, SFC, MAS | SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS | Danish FSA, FCA, MAS, FINMA | FINMA | SFSA, FCA, CySEC, ASIC, SEC | FINMA, LPS |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView | Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader | SaxoTraderGO, SaxoTraderPRO, TradingView | JForex 4, MetaTrader 4 (MT4), MetaTrader 5 (MT5), SWFX Trader | eToro | Cornèrtrader Invest, Flexibility, Advance |
| Spread | high | low | average | low | high | low |
| Leverage | 1:400 | 1:50 | 1:30 | 1:200 | 1:30 | 1:50 |
| Assets | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities, Bonds | Stocks, ETFs, Options, Futures, Forex, Bonds, Mutual Funds, Cryptocurrencies, Commodities, CFDs | Currencies, Stocks, ETFs, Bonds, Options, Futures, Commodities, Cryptocurrencies | Forex, Shares, Indices, Commodities, ETFs, Bonds, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Forex, Stocks, ETFs, Bonds, Options, Futures, CFDs, ETPs |
Is Swissquote Right for You?
Swissquote stands out as a reputable brokerage with strong safety features, including Swiss banking regulation and multi-jurisdictional oversight. The platform offers a wide array of trading options, including over 70 FX pairs and 400 CFDs, while providing various trading platforms such as MT4, MT5, and its proprietary Advanced Trader. Additionally, clients benefit from segregated funds and deposit insurance, making it a solid choice for safety-minded traders. However, potential clients should be aware of some drawbacks. The high minimum deposit requirement of $1,000 may deter beginners, especially when compared to zero-commission fintech alternatives. Furthermore, the inactivity fee after six months and spreads that exceed industry averages on the Standard account could be limiting for some traders. In conclusion, Swissquote is best suited for experienced traders and high-volume FX/CFD professionals who value a secure trading environment and can meet the minimum deposit requirement. Conversely, beginners or those with smaller investment amounts may find more appealing options with lower fees and deposit thresholds elsewhere.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
