Swissquote Review

Swissquote Logo

Swissquote is an online brokerage firm that is headquartered in Gland, Switzerland, with representatives in Bern, Dubai, Malta, London, Hong Kong, and Zurich. The broker provides their clients with a variety of award-winning trading solutions across multiple asset classes, including Cryptocurrencies, forex, stocks, indices, options, bonds, ETFs, metals, and energies. Swissquote currently provides trading services with fast execution and zero commission to over 340,000 clients around the world.

Swissquote Review - Group Structure
Swissquote Review – Group Structure

Swissquote Review Introduction

In this Swissquote review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Swissquote.

Swissquote Platforms & Tools

Swissquote provides trading services to its clients via 3 flexible and user-friendly platforms: MetaTrader 4, MetaTrader 5, and their proprietary Advanced Trader. These platforms have some in-built plugins and tools for easier trading and are available as web terminals, mobile apps, and desktop applications. A user may visit compatible app stores to download and access mobile apps.

Swissquote Review - Advanced Trader Platform
Swissquote Review – Advanced Trader Platform

The tools include AutoChartist and Robo-Advisory. AutoChartist helps traders to scan the market for trading opportunities and to evaluate the effects of economic actions on certain instruments, whereas, Robo-Advisory helps traders create a regularly optimized and personalized portfolio.

Swissquote Review - Autochartist
Swissquote Review – Autochartist

Swissquote Research & Education

Swissquote continues to furnish their clients with educational materials and platforms to help them attain their full potentials. Courtesy of Swissquote, traders can access videos, eBooks, and articles on trading tools, market analysis and more. The broker organizes regular webinars in multiple languages and releases regular market reports which traders can use in making trading decisions.

Swissquote Review - Trading Videos
Swissquote Review – Trading Videos

Finally, Swissquote publishes an in-house magazine containing insights from successful traders around the world. It also has an online networking platform called ‘Swissquote Pulse’ where traders can share market news and analysis.

Swissquote Trading Account

Swissquote offers four account types which traders may choose from:

  • Standard Account: zero commissions, spreads start from 1.7 pips, a minimum deposit of $1000, minimum position size is 0.01 lots
  • Premium Account: zero commissions, spreads start from 1.4 pips, a minimum deposit of $10,000, minimum position size is 0.1 lots
  • Prime Account: zero commissions, spreads start from 1.1 pips, a minimum of deposit of $50,000, minimum position size is 1 lot
  • Professional Account: customized spread, the minimum balance depends on trade volume

Swissquote Account Funding

Swissquote accepts account funding and withdrawal through bank wire transfer and credit/debit cards. The payment method determines the processing time and transaction charges. However, Swissquote does not permit third-party payments and all deposits must be made in the same name that was used in opening the trading account.

Swissquote Customer Service

Swissquote has a friendly customer service team that provides 24/5 support to clients via telephone, email and online chat. The support is available in multiple languages.

Swissquote Regulation

The broker operates many subsidiaries in different jurisdictions, and they are regulated accordingly as follows:

  • SwissQuote Bank Ltd is regulated by the Swiss Federal Financial Market Supervisory Authority (FINMA) in Switzerland
  • Swissquote Ltd is licensed and regulated by the Financial Conduct Authority (FCA) in the United Kingdom
  • Swissquote MEA Ltd holds category 4 license from the Dubai Financial Services Authority (DFSA)
  • Swissquote Asia Ltd is supervised by the Securities & Futures Commission (SFC) in Hong Kong
  • Swissquote Financial Services (Malta) Ltd is under the supervision of Malta Financial Service Authority (MFSA)

Swissquote Review Summary

Swissquote is a trading broker with an international repute offering high-speed execution competitive spreads in a wide range of instruments. Their customer support is easily reachable.

It is worth mentioning that some of the trading products and services in this Swissquote review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Swissquote broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.

Swissquote

8.1

Spreads

8.0/10

Liquidity

8.0/10

Commissions

8.0/10

Support

7.5/10

Regulation

9.0/10

Features

  • 24/5 support in multiple languages
  • A wide range of educational resources
  • Flexible trading platforms and helpful tools
  • Multiple asset classes including Forex, Commodities, and Cryptocurrency