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Swissquote Guide – Read our In-Depth Swissquote Review

This Swissquote review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Swissquote review does not apply to US users.

This Swissquote review contains the most recent information about Swissquote.

If you are a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of brokerage since you keep trading. For starters, you need to choose the right broker who'll be transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will generate hefty returns. Swissquote is just one such stage that will take you along with your investment into great heights. It is crucial that you know about Swissquote before you trust them with your cash.

Swissquote review

Our entire Swissquote Review covers all you will need to learn about trading with Swissquote. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment objectives.

There is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

Swissquote is a broker which has paved its way successfully to the brokerage world. In this review, we have attempted to collate some of the important aspects of Swissquote. This review will allow you to know whether Swissquote is a good match for your own investments or not. We have tried to breakdown all of the qualities and charges for your convenience.

Swissquote Review, Table Of Contents

Who are Swissquote?

Swissquote is a forex broker headquartered in Switzerland and provides a range of instruments for online trading. Since its start in 1999, Swissquote has emerged as a top player in the industry of online broker. Swissquote includes an extremely aggressive and full-featured trading website that's focused on forex, indices, metals, shares, commodities.

Over the past 22 years, Swissquote has grown into one of the leading online brokers.

After establishing in 1999, their client base has become as large as 300,000+ clients.

Swissquote is a favorite for many traders.. Our Swissquote review found that they are an superb choice for automated trading options. It is most appropriate for investors that are searching for an assortment of assets. Social and automated trading solutions are the core at Swissquote.

Technology plays a substantial role in Swissquote. Swissquote features trading on MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps. Swissquote is honest, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

The trader resource department at Swissquote is very insightful for new dealers as it permits them to get a closer look in the financial markets. Swissquote caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.

Benefits of doing online trading with Swissquote?

Trading with Swissquote includes numerous benefits. These advantages are what sets Swissquote apart from all other online brokers. You need to check all the benefits listed so you have a better understanding of Swissquote.

The broker goes to great lengths to understand what traders want. Consequently, the service cost is low, fast, and convenient. The agent also provides a number of programs for all kinds of traders. Swissquote ensures that the individual needs of all traders are completely met.

Swissquote also includes excellent trading conditions which are available to only an elite group of institutional clients. The tight spreads and quick executions are a fantastic advantage for those traders. The technology embraced by Swissquote is among the maximum caliber, ensuring that it is fast, dependable, and effective.

Swissquote admits the importance of owning a quick order execution. A quick execution enables users to exchange without fretting about slippage safely. It will also aid the dealers to grab the maximum profitable opportunities.

Automated trading is another important aspect of Swissquote. A new trader can learn from business experts utilizing the automatic trading alternative. The tight spread starts from as low as 0.0 pips, though they are offered for only razor accounts.

Swissquote has over 100 trading instruments to support all types of traders. These tools are lively and convenient for both new and experienced traders. The traders can set aside all their concerns when trading with Swissquote.

Swissquote overview

Year Founded: 1999

Regulated By: Financial Conduct Authority (FCA)

Hedquarters: Switzerland

Minimum Deposit: $1000

Number Of Clients: 300,000+

Losses can exceed deposits

If you feel that Swissquote is not right for you then at the bottom of this Swissquote review you wil find a lot of alternatives to Swissquote.

Everything you ought to know about trading with Swissquote

Swissquote is a lively platform that offers various procedures of online trading. These tools cover the monetary markets considerably. Most of the broker platforms provide fewer approaches than Swissquote

If you wish to exchange with Swissquote, you will require a minimum deposit of $1000. This deposit is mandatory if you want to start trading using Swissquote. This 2021 Swissquote review will direct you clearly about trading with them.

Swissquote is as versatile as any other brokerage platform. Swissquote is ideal for traders that want a manageable range of low-cost services. The platforms supplied by Swissquote are third-party, white-label offerings. All traders can select out of MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps.

Together with everything, Swissquote has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept available. The brokers offer premium customer service which rewards customers with benefits.

Many unethical brokers attempt to pressurise customers into bigger financing for premium services. Swissquote, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more benefits will become available.

Swissquote accounts are available around the world and provides outstanding service everywhere they have clients. There are a few countries where Swissquote accounts are not available. Traders in the following countries cannot open or use a Swissquote account:

Is Swissquote Safe To Trade With?

Established in 2006, Swissquote has been open for 22 years, they have a head office in Switzerland.

Swissquote is regulated by Financial Conduct Authority (FCA). These figures have rules that make sure that trading platforms have measures in place to maintain investor's resources secured. This means that Swissquote users do not need to be worried about their money since it's segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information also.

You are able to make use of a choice for Two Factor Authentications (2FA) with Swissquote for heightened safety. An SMS with the confirmation code will be sent to a mobile phone. You'll be asked to input this code to log in to your accounts.

Another concern with financial brokers with respect to safety might be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more prevalent in the case of Market Maker agents who compete with users on the stage.

Pro's & Con's Of Trading With Swissquote

Every online trading platform will have a few pros and cons Swissquote review would be complete without having a balanced approach. This Swissquote review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Swissquote Pro's

  • Swissquote is trusted by 300,000+ clients
  • Swissquote doesn't charge withdrawal fees
  • Swissquote doesn't charge inactivity fees
  • Swissquote doesn't charge deposit fees
  • Swissquote doesn't charge CFD fees
  • Swissquote offer trading on MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps
  • Swissquote offer 100 trading instruments
  • Swissquote trades major forex pairs
  • Swissquote trades minor forex pairs
  • Swissquote trades exotic forex pairs
  • Swissquote can communicate in English, German, French, Italian, Spanish, Arabic, Russian, and Chinese

Swissquote Con's

  • Swissquote does not offer Negative Balance Protection
  • Swissquote does not offer Guaranteed Stop Loss
  • Swissquote doesn't offer trading on cryptocurrencies

Swissquote Review - Compare Brokers Similar To Swissquote

Swissquote USAA Trading212 FX Primus
Rating 4/5 4/5 2/5 4/5
Minimum Deposit $1000 $25 $1 $100
Year Founded 1999 2008 2006 2009
Headquarters Switzerland United States UK Cyprus
Regulated By Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Clients 300,000+ 10,000+ 14,000,000+ 10,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

Swissquote Review - Regulation And Licencing In More Detail

Swissquote is regulated by Financial Conduct Authority (FCA).

Swissquote, as a business, has a powerful set of rules for ensuring fair trading onto its own platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).

As per the company's privacy regulations, client data is never to be shared with some other institutions or individuals. This includes credit history and other financial details.

Swissquote Review - Awards

    At the time of writing this Swissquote review, they had not received any awards.

Swissquote Review - Minimum Deposit Required

The minimum deposit that you need to begin on Swissquote is $1000. This is an adequate amount for people just starting out. You can make more advanced residue as you go along. However, ensure you know how to make the most of your cash before investing larger sums.

Swissquote Review - Commission And Fees Explained

Swissquote is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.

However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three different types of fees for this objective.

The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you're spending a spread, financing rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than a day.

Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.

In general, Swissquote doesn't charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who often exchange, such as daily or weekly trading.

But, non-trading fees charged by Swissquote are relatively competitive. Consequently, you are charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of resources.

This Swissquote review breaks down every one of the relevant non-trading charges for you in detail.

Compare broker fees against Swissquote

Swissquote USAA Trading212 FX Primus
Minimum Deposit $1000 $25 $1 $100
Withdrawal Fees No 15$ No variable
Inactivity Fees No No No
Deposit Fees No No variable
CFD Fees No No No

Swissquote Review - Withdrawal Fees Explained

Swissquote doesn't charge withdrawal fees

Withdrawal of cash is possible at any time from your Swissquote account. It's possible to draw sums up to the sum of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't always have to have any cash in your accounts.

In addition, the withdrawn money will be moved directly to the account you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn cash will be sent to the card. Swissquote will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you are choosing to draw in.

Swissquote Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind while open an account with Swissquote. An inactivity fee is an amount charged to registered dealers that haven't engaged in buying or selling for some time. The period regarded as inactive is decided by the agent.

The inactivity fee differs from 1 agent to another and isn't generalized. If a traders account does not have a buying or selling trade, it is claimed by the broker as an inactivity charge. The traders need to pay this commission under conditions and terms they had agreed while registering.

Swissquote doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees have been implied by Swissquote, it's better for you to close the account if you're inactive. Inactivity fees are not just charged by broker firms but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is exposed to many circumstances and should be revealed clearly by the broker beforehand.

Swissquote Review - Deposit Fees Explained

When you move money in your trading account from the bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this particular operation.

Swissquote doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Swissquote trading platform is simple. You just need to complete a single-user profile survey to start depositing money into your trading account. You will have to provide an identity proof and proof of residency to deposit substantial sums.

Swissquote Review - Compare Broker Deposit Methods

Swissquote USAA Trading212 FX Primus
Minimum Deposit $1000 $25 $1 $100
Credit Card Yes Yes Yes
PayPal No Yes No
Neteller No No Yes
Skrill No Yes No
Payoneer Yes No Yes

What Can You trade With Swissquote?

Note: Swissquote provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different depending on the country of residence of the client.

Swissquote has a wide variety of over 100 instruments available for you to trade with.

If trading currency pairs is of interest to you then Swissquote offer over 150 currency pairs.

Compare Swissquote, USAA, Trading212 & FX Primus below.

Swissquote USAA Trading212 FX Primus
Platforms MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps MT4 , Android, iPhone, Mac Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
Instruments Available 100 242 3000 100
Forex & Crypto
Forex Pairs Available 150 177 45
Offers Major Forex Pairs? Yes No Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? No No Yes No
Commodity CFD's
Commodities Offered 7 0 14 0
Trade Metals? Yes No Yes Yes
Trade Energies? Yes No Yes Yes
Trade Agricultural? No No Yes No
Indiced & Stock CFDs
Stocks Offered 0 0 14 0
Trade UK Shares? Yes No Yes Yes
Trade US Shares? Yes No Yes Yes
Trade German Shares? Yes No Yes No
Trade Japanese Shares? Yes No Yes No

Losses can exceed deposits

Your capital is at risk

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Losses can exceed deposits

Alternatives To Swissquote

If, after studying this Swissquote review, Swissquote doesn't quite fulfill your requirements check out these Swissquote alternatives.

We have scoured the web to find the best alternatives to Swissquote. Click on the hyperlinks below to learn more.

Frequently Asked Questions about Swissquote

Can I try Swissquote before I buy?

Yes, you can most certainly try Swissquote before you buy. Swissquote offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.

If you sign up for a demo account on Swissquote, you will set out using a decent amount of virtual currency. It's to establish a sense of security and confidence in you before you decide to spend your own money.

With this digital Swissquotedemo account, you are able to experiment in any way, to whatever length you wish. You can even start positions, test different trading strategies, and more.

Swissquote specifies on its official website which you are able to exchange real time stocks in a demo account.

Is Swissquote safe?

It is possible to drop all of your worries since we believe that Swissquote is perfectly safe to use. It's in compliance with all the rules of Financial Conduct Authority (FCA).

Nevertheless, Swissquote doesn't provide assured stop-loss protection.

Why does Swissquote ask for my passport?

The reason that Swissquote asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Swissquote has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Swissquote must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Swissquote?

The process to start trading withSwissquote is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Swissquote website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Swissquote is $1000. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Swissquote.

The best way to kickstart your trading career with Swissquote is to open a demo account facility before risking any real money

What funding methods do Swissquote accept?

There are a number of ways to fund your accounts with Swissquote. The process is effortless and quick, with various payment methods in your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to keep in mind that PayPal is not available in all country. The monies Swissquote

Is my money safe with Swissquote?

Yes, your cash is safe and protected with Swissquote. As you know, Swissquote works with proper conformation to. It's established plenty of measures to guard all its own investors.

Swissquote safeguards its clients' personal and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.

If you wish to further safeguard your accounts, you can enable Two-Step Verification as well. It takes an SMS confirmation for you to get your account.

Is Swissquote trading good?

Yes, trading through Swissquote is a pleasant and good experience indeed. It's an excellent and intuitive platform with useful features for your ease. In addition, you could also obtain access to a vast collection of educational resources and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does Swissquote support?

Swissquote operates around the world. However, due to regulations there are some countries that Swissquote can't accept clients from

Is Swissquote legit?

Swissquote is a legit company headquarted in Switzerland since 1999. They are regulated by Financial Conduct Authority (FCA). Swissquote is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Swissquote a good broker?

Swissquote is a great broker, and its users may vouch for this. The highlight of this platform is its fast order execution on transactions.

You will discover the clean design of this platform and the admirable features a pleasure to work with.

Is Swissquote a trustworthy broker?

Yes, Swissquote is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 300,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Swissquote?

The minimum deposit to open a live account with Swissquote is $1000

How long do Swissquote withdrawals take?

Normally, withdrawal of money from Swissquote is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Swissquote to show in your bank account.

Are Swissquote regulated?

Swissquote are regulated by Financial Conduct Authority (FCA)

Is Swissquote a market leading broker?

Swissquote is currently among the industry leaders. It has over 300,000+ registered users and over 22 years of expertise on its record. They're one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.

It majorly owes this standing to its unbelievable platform and wide range of tools plus resources so you may put money into capital markets.

Is Swissquote a con?

No, Swissquote is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that Swissquote is not a scam.

Can you make money with Swissquote?

Through Swissquote, many traders earn a great deal of cash. However, typically, through continual trading, you also can create between 2% - 10% profit a month.

This can look to be a little number, but over the year, this adds to a significant number of gains. While Swissquote supply you all the tools to make money, they can't guarantee that you will profit.

Does Swissquote have fees?

Yes. To start trading using Swissquote, you need to deposit $1000. Particular commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.

When was Swissquote founded?

Swissquote was founded in 1999 in Switzerland. Swissquote is regulated by Financial Conduct Authority (FCA).

How many people use Swissquote?

Swissquote is a worldwide recognised broker with 300,000+ customers.

Where is the Swissquote head office?

Swissquote has its head office in Switzerland

Does Swissquote offer negative balance protection?

No. Swissquote doesn't offer negative balance protection. If your balance is negative, Swissquote suggests that you contact client services. For this, you can correct any imbalances within your account.

Does Swissquote offer guaranteed stop loss?

Swissquote unfortunately, does not provide guaranteed stop loss. Swissquote provides a chance for its traders to close their trade at their given price. Aside from that, Swissquote doesn't offer guaranteed stop loss.

Does Swissquote allow scalping?

Yes, Swissquote do permit scalping. Many traders throughout the world choose Swissquote due to their services that are trading. They offer trading on MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps which allow this.

Does Swissquote allow hedging?

Yes, Swissquote does allow hedging.

Can you trade energies with Swissquote?

Yes, you can trade energy stocks with Swissquote

Can you trade agricultural shares with Swissquote?

No, unfortunately you cannot trade agricultural stock with Swissquote

Can you trade cryptocurrency with Swissquote?

No, unfortunately you cannot trade cryptocurrency with Swissquote

Can you trade metals with Swissquote?

Yes, you can trade metals with Swissquote

Can you trade UK Shares with Swissquote?

Yes, you can trade UK shares with Swissquote

Can you trade US Shares with Swissquote?

Yes, you can trade US shares with Swissquote

Can you trade Japanese Shares with Swissquote?

Yes, you can trade Japanese shares with Swissquote

Can you trade German Shares with Swissquote?

Yes, you can trade German shares with Swissquote

Does Swissquote accept bank transfers?

Yes, Swissquote accepts bank transfers for depositing money.

Does Swissquote accept credit cards?

Yes, Swissquote accepts credit cards for depositing money.

Does Swissquote accept PayPal?

No, Swissquote does not accept PayPal.

Does Swissquote accept Skrill?

No, Swissquote does not accept Skrill.

Does Swissquote accept Payoneer?

Yes, Swissquote accepts Payoneer for depositing money.

Does Swissquote accept Neteller?

No, Swissquote does not accept Neteller.

Does Swissquote offer Live Chat customer support?

Yes, Swissquote offers customer support through live chat.

Does Swissquote offer phone customer support?

Yes, Swissquote offers customer support over the telephone.

Does Swissquote offer email customer support?

Yes, Swissquote offers customer support through email.

What languages can Swissquote communicate in?

Swissquote has the ability to communicate and support customers who speak: English, German, French, Italian, Spanish, Arabic, Russian, and Chinese

Does Swissquote have a wikipedia page?

No, Swissquote does not have an official wikipedia page.

Does Swissquote offer demo accounts?

Yes, Swissquote offers demo accounts so you can learn their systems before risking any real money.