| Founding Year |
 1996
|
|---|---|
| Regulated |
 Yes
|
| Rating |
4.9/5 |
| Minimum Deposit |
 $0
|
Swissquote is a Switzerland-based leading online broker that offers various financial services to clients worldwide. The company has gained a strong reputation for reliability and innovation since its establishment in 1996, with over 300,000 clients globally
4.9/5
1996
$0
Swissquote is a Switzerland-based leading online broker that offers various financial services to clients worldwide. The company has gained a strong reputation for reliability and innovation since its establishment in 1996, with over 300,000 clients globally.
Swissquote, as a regulated broker, provides diverse investment options, including stocks, bonds, ETFs, options, futures, forex, and cryptocurrencies. Traders can also access real-time market data, research tools, and expert analysis to make informed decisions.
Swissquote’s user-friendly interface and mobile app make it easy for clients to access their accounts and manage their investments on-the-go. The platform also caters to different trading styles and experience levels, offering various account types, including a demo account for novice traders.
Moreover, Swissquote offers a range of banking services, such as savings accounts, credit cards, and mortgages, making it a one-stop-shop for clients to manage their finances in one place.
| Founding Year |
1996
|
|---|---|
| Regulated |
Yes
|
| Rating |
4.9/5 |
| Minimum Deposit |
$0
|
Swissquote is a globally recognized online broker that operates in different regions and territories worldwide. The company is known for its strict adherence to regulations and standards, and this is evident in the regulators that oversee its operations. In Switzerland, Swissquote is regulated by FINMA, an independent regulatory body that oversees banks, securities dealers, and insurance companies operating in Switzerland. In the UK, the company’s subsidiary is regulated by the Financial Conduct Authority (FCA), while in Dubai, it is regulated by the Dubai Financial Services Authority (DFSA). The company is also authorized and licensed by the Monetary Authority of Singapore (MAS) to provide financial services to clients in Singapore.
These regulators ensure that Swissquote operates in a transparent and fair manner, providing a secure trading environment for its clients.
| COUNTRY | AUTHORITY |
|---|---|
 UK
|
Financial Conduct Authority (FCA) |
 Switzerland |
Swiss Financial Market Supervisory Authority (FINMA) |
 Singapore |
Monetary Authority of Singapore (MAS) |
 Dubai
|
Dubai Financial Services Authority (DFSA) |
Swissquote provides a range of account types to cater to different trading styles and experience levels. The Standard account is designed for novice traders who are new to trading and provides access to various financial instruments, including stocks, bonds, ETFs, options, and futures.
The Premium account offers tighter spreads and lower commissions, making it a better option for experienced traders who require more advanced trading tools and features. The Corporate account is tailored to meet the specific needs of businesses that require online trading services, and the Joint account allows two people to trade jointly and share profits and losses.
Professional traders who trade in high volumes can opt for the Prime account, which provides institutional-grade trading conditions, including lower spreads and access to exclusive liquidity providers. The Islamic account is swap-free, which makes it a suitable option for clients who follow Islamic finance principles.
Swissquote also offers a robo-advisory account called “Swissquote Robo-Advisor”. The service is designed for clients who want to invest in a diversified portfolio of exchange-traded funds (ETFs) but do not have the time or expertise to manage their own investments. The robo-advisor uses advanced algorithms to select and rebalance a portfolio of ETFs based on the client’s risk profile and investment objectives.
Swissquote provides a variety of trading platforms to its clients, catering to different trading styles and preferences. The first proprietary platform is the Swissquote Trading platform, which is a web-based platform that provides access to a wide range of financial instruments, including forex, stocks, options, and futures. The platform features real-time quotes, news, and charting tools, as well as a customizable user interface.
The second platform is the Swissquote Advanced Trader, which is a desktop-based platform designed for experienced traders who require advanced trading tools and features. The platform offers advanced charting tools, trading strategies, and market analysis, as well as access to automated trading tools.
The third platform is the MetaTrader 4 platform, which is a popular trading platform used by traders around the world. The platform provides access to various financial instruments, including forex, stocks, and commodities, as well as advanced charting and analysis tools.
Swissquote also offers a mobile trading app, which is available on both iOS and Android devices, providing clients with access to their trading accounts on the go. The app features real-time quotes, news, and charting tools, as well as a user-friendly interface. Finally,
Swissquote offers a robo-advisory platform called Swissquote Robo-Advisor, which uses advanced algorithms to select and rebalance a portfolio of ETFs based on the client’s risk profile and investment objectives. Overall, Swissquote provides a range of trading platforms that cater to different trading styles and preferences, ensuring that clients can find a platform that suits their needs.
| PLATFORM | AVAILABILITY |
|---|---|
| Proprietary Platform |
Yes
|
| MT4/MT5 (Windows/MAC) |
Yes
|
| Mobile Platform (Android/IOS) |
Yes
|
Swissquote provides leverage on all itsfinancial instruments, along with competitive spreads, allowing clients to trade with low costs and potentially increase their returns.
For Forex trading, Swissquote offers leverage of up to 1:30 for retail clients and up to 1:100 for professional clients. The leverage for commodities trading is up to 1:20 for retail clients and up to 1:50 for professional clients. For CFD stocks trading, Swissquote offers leverage of up to 1:5 for retail clients and up to 1:20 for professional clients. Cryptocurrency trading also offers leverage of up to 1:5 for retail clients and up to 1:20 for professional clients.
| PRODUCT | MAX LEVERAGE |
|---|---|
| FOREX | 1:100 |
| COMMODITIES | 1:30 |
| CRYPTO | 1:5 |
Swissquote offers a wide range of financial products to its clients, including stocks, commodities, forex, ETFs, cryptocurrencies, and other products. In terms of stocks, Swissquote provides access to a range of global stocks from various exchanges, including the New York Stock Exchange, NASDAQ, and the Tokyo Stock Exchange. Clients can trade stocks from popular companies such as Apple, Microsoft, Amazon, and Facebook, among others.
Swissquote provides access to various commodities such as gold, silver, oil, and natural gas. Clients can trade commodities as CFDs, allowing them to speculate on the price movements of these assets without having to own the underlying assets.
In terms of forex, Swissquote provides access to various forex pairs, including major, minor, and exotic currency pairs. Clients can trade forex with competitive spreads and leverage, allowing them to potentially increase their returns.
Swissquote also offers access to ETFs, providing clients with exposure to a diversified portfolio of assets. The ETFs available on Swissquote include various asset classes such as equities, fixed income, and commodities, among others.
In addition, Swissquote provides access to various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple. Clients can trade cryptocurrencies as CFDs, allowing them to speculate on the price movements of these assets without having to own the underlying cryptocurrencies.
Finally, Swissquote also provides access to other financial products such as bonds, options, and futures, allowing clients to diversify their portfolios and potentially increase their returns. Overall, Swissquote offers a comprehensive range of financial products, allowing clients to trade in various markets and potentially increase their investment returns.
| PRODUCTS | AVAILABILITY |
|---|---|
| Multi Assets |
Yes
|
| Forex |
Yes
|
| Crypto |
Yes
|
| CFD Stocks |
Yes
|
| CFD Indices |
Yes
|
Swissquote provides competitive spreads on various financial instruments, allowing clients to trade with low costs. The spreads vary by product category, with different spreads for forex, commodities, cryptocurrencies, CFD stocks, and other products.
For forex trading, Swissquote offers spreads that start from as low as 0.8 pips. The spreads vary depending on the currency pair being traded, with major currency pairs such as EUR/USD, USD/JPY, and GBP/USD having lower spreads than minor or exotic currency pairs. Swissquote does not charge any commission on forex trades.
In terms of commodity trading, Swissquote offers spreads that start from as low as 0.02. The spreads vary depending on the commodity being traded, with gold and silver having lower spreads than oil and natural gas. Swissquote charges a commission on commodity trades, with the commission varying depending on the commodity being traded.
For cryptocurrency trading, Swissquote offers spreads that start from as low as 1.2 pips. The spreads vary depending on the cryptocurrency being traded, with Bitcoin having a lower spread than other cryptocurrencies.
For CFD stock trading, Swissquote offers spreads that start from as low as 0.05%. The spreads vary depending on the stock being traded, with popular stocks such as Apple and Microsoft having lower spreads than less popular stocks.
Overall, Swissquote provides competitive spreads on various financial instruments, allowing clients to trade with low costs. While the spreads and commissions vary depending on the product being traded, Swissquote remains committed to providing low-cost trading services to its clients.
| PRODUCT | SPREAD RANGE |
|---|---|
| Forex | 0.7 - 1.2 |
| Commodities | 0.3 - 2.5 |
| Indices | 1 - 2.0 |
Swissquote provides a variety of deposit and withdrawal methods to its clients, making it convenient for them to manage their accounts.
Clients can deposit funds into their Swissquote accounts using bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller. Swissquote does not charge any fees for deposits made by bank transfer or credit/debit card. However, there may be fees associated with e-wallet deposits, depending on the e-wallet provider used.
Withdrawals can be made using the same methods as deposits, with the exception of credit/debit cards. Swissquote charges a fee for withdrawals made by bank transfer, with the fee varying depending on the currency being withdrawn. Withdrawals made by e-wallet are subject to the fees of the e-wallet provider.
It is important to note that Swissquote does not currently support deposits or withdrawals in cryptocurrencies. However, clients can use their Swissquote accounts to trade cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
| METHOD | AVAILABILITY |
|---|---|
| Credit/Debit Card |
Yes
|
| Wire Transfer |
Yes
|
| E-Wallets |
Yes
|
| Crypto |
 No
|
Swissquote’s extensive range of products, including forex, commodities, and cryptocurrencies, provides traders with numerous opportunities to diversify their portfolios and take advantage of market opportunities. Additionally, the broker’s tight spreads make trading more cost-effective for clients, allowing them to maximize their potential profits.
Swissquote’s trading platforms, including MetaTrader 4 and Advanced Trader, are well-designed and user-friendly, providing clients with a seamless trading experience. The platforms are also highly customizable, allowing traders to tailor them to their specific needs and preferences.
The broker’s education section is another standout feature, providing clients with access to a wide range of educational resources, including webinars, videos, and articles. These resources cover a variety of topics, from basic trading concepts to advanced strategies, helping traders of all levels improve their skills and knowledge.
While the fact that Swissquote does not currently support deposits or withdrawals in cryptocurrencies may be a drawback for some clients, the broker’s many other positive attributes more than make up for it. Overall, Swissquote is a highly reputable and reliable broker that provides traders with an excellent trading experience and a wide range of products and resources.
| Pros |
Cons |
|---|---|
| Multi Asset | None |
| Multi Regulated | |
| Comprehensive Education | |
| Low Minimum Deposit | |
| Copy Trading | |
| Huge List of Instruments | |
| Low Spread | |
| Proprietary Platform |
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