Swissquote Review: Forex & CFD focused online broker 2022


Margin requirements remain the same irrespective of the trading account held by the traders. The commission-based Elite account has customized spreads with the exception of lower margin call threshold stop-out. This proves that Swissquote LTD. is a safe and robust ECN broker with a banking license for all traders worldwide. Swissquote-regulated brokers offer more than 160 forex and CFD financial instruments on award-winning trading and investment platforms to more than 330,000 clients worldwide. Swissquote customer service team operates five days a week from Monday to Friday between 8 AM to 8 PM . The support team is responsive and offers high-quality service with effective solutions on a wide variety of topics, including how to use platform APIs or retrieve forgotten passwords.

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It is one of the best tools for automated market analysis in my opinion, so it is great that the broker provides it free of charge. MT5 has a good selection of technical indicators which can be used to detect trends and help forecast price direction. Users can choose from the 80+ built in indicators or create their own in the MetaEditor.

What trading platforms does Swissquote offer?

I like how they are available in English, French, German, Spanish & Arabic to cater to the international community. Overall, you will find that Swissquote are one of the most well-regulated brokers that you can find, along with the likes of AvaTrade. Swissquote Ltd is the European subsidiary of Swissquote Bank. Swissquote Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom. FCA regulation ensures that they must abide by highly ethical, secure and transparent standards.


Before you start trading with a live account, Swissquote also offer a demo trading account to test things out. It’s pretty much the same as the live account and offers a good intro to the trading environment, without having to use real money. If you are looking for a Swiss regulated platform to house all your stock buying, in addition to some other banking related services then Swissquote are worth a look. At Investing Hero, I aim to provide the best investing platform reviews. To support this, some of the providers featured in reviews will generate an affiliate commission which helps pay to run this website. The information provided on Investing Hero is for informational purposes only.

swissquote review prefer depositing money with less regulated platforms because of leverages of a high degree. Swissquote Brokers solves this issue as the traders avoid the risks of trading and investing at a less regulated broker. In addition, compared to most brokers, Swissquote Europe and the UK offer compensation policies, arbitration, and consumer protection, making the platform an attractive choice for all. This means that traders using automated trading strategies can use the same algorithms and analysis tools as they did on their PC. Swissquote clients also enjoy financial news, push notifications on mobiles, and the community chat features on the go.

I have shares worth around 70 thousands…

Swissquote offers deposits via credit card and bank wire, while withdrawals can only be made via bank wire. While deposit and withdrawal methods are limited, processing times are faster than the industry average. Swissquote’s Advanced Trader Platform is feature-rich as well as user friendly and intuitive. The popular MetaTrader 4 and 5 platforms are also available to round out the offering with their capabilities in strategy backtesting and automated trading. Trading fees at Swissquote consist of spreads and overnight financing fees . Within the area of trust it is exceptional, since it is not only widely regulated, but also a bank and a publicly traded company.

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The MQL marketplace has thousands of additional custom indicators that can be added to the platform. MT5 also has over 40+ chart analytical objects including Gann, Fibonacci and Elliott tools, geometric shapes, a variety of channels, levels for support/resistance and more. I like how the MT5 charts are fully customisable with other 21 timeframes to choose from compared to 9 timeframes in MT4. MT4 has support automated trading with EAs and copy trading. There is the MetaEditor where I was able to code my own custom indicators or EAs in the MQL programming language.

Swissquote Best Countries by Traders

A good example of how not to design a website, overcomplicated little focus on essentials, mixed with ads; clearly, designers didn’t have user comfort and efficiency as a priority. One needs a 4 semester study to really use it and for options trading, you need to pass an exam first. With one word; bad and expensive for traders, interesting for computer geeks…. Then if you’re trade is “partially executed”, it will cost another “flat rate” fee to complete the trade – which is kind of a 100% surcharge.

They provide you with a range of free to use, user friendly and award-winning trading platforms, complete with premium trading tools and plugins. They even have a great variety of daily news reports and expert market analysis along with educational materials to increase your trading knowledge. There is multilingual client support if English is not your native language. Our research team conducts thorough testing on a wide range of features, products, services, and tools . We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Swissquote offers a fully digital account opening process, although we encountered wait times.

Swissquote provides easy-to-understand and professional educational videos, ebooks, webinars and tutorials. Technical indicators, which is not a lot compared to other brokers. You can save the chart on the charting tool, which is a handy feature. It’s suitable for you if you don’t want to manage your investments on your own or simply need to gain some confidence in investing. The search function is quite simple and lacks the advanced filters available on the web platform.

Non-EU and professional clients do not enjoy this feature. Swissquote broker has two main arms – the Swiss branch offers stocks futures funds and options trading, whereas the UK entity only offers forex and CFD instruments. Swissquote has access to FSCS and Esisuisse funds protection, making this trading platform an excellent choice for investors and traders to trade forex and CFDs. Swiss Quote offers the MT4 and MT5 forex trading top platform.

  • Swissquote is holding my deposit since the 4th of January that it has been confirmed on the ETH blockchain several thousands of times.
  • has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
  • Although social trading tools have become increasingly common, the degree to which brokers support them varies greatly.
  • Swissquote also provides access to the popular MetaTrader platform suites developed by MetaQuotes Software Corporation.

72% of the retail investor accounts lose money rapidly during CFD Swissquote trading. Only risk capital if you have a risk appetite and can afford to bear a high risk of losing your money. All data contained in this Swissquote review is for informational purposes or educational purposes and does not provide investment advice. Certain financial products may offer different leverages and have high market volatility and limited regulatory protection. Swissquote offers several broker platforms and stock exchanges with a range of distinctive comparative advantages, but most traders prefer trading with MetaTrader 4 and the Advanced Trader platform. With a good range of assets, a better pricing structure, and strict regulation under the leading regulatory bodies, Swissquote makes a good choice for both beginners and professional traders.

Commissions and fees

We are sorry to read, that you are not fully satisfied with our crypto offers. We kindly inform you, that we update our crypto offerings on the regular basis. Bringing up new tokens is a process which has to be regulated by many parties. We are working hard to bring as many tokens as possible to the platform but it takes time. We forwarded your feedback to the responsible department as an improvement suggestion. With an intuitive platform, good educational materials and reliable customer service, Swissquote is a broker that can cater well to beginners.

  • Most information and materials were easy to find on the website.
  • Their offer of multi-currency virtual and physical credit cards can save a lot of commission compared with bank issued cards which carry a 3% FX charge.
  • Once the deposit is made, the client receives 20% of the deposit amount.

They offer 3-tiers of minimum spreads based on the trader’s initial deposit, which can act as a barrier to some traders and investors. The standard trading account size can be valued at up to $25,000 with an initial minimum deposit of $1000. Risk Warning – CFDs are complex instruments, and trading involves risk of losing money rapidly due to leverage.

Deposits at Swissquote Brokers can be made in 9 different base currencies through prepaid, credit, and debit cards, wire, or bank transfer. A minimum fee may be applied for certain payments depending on the banking service providers. Other than this minimum fee which may be applicable, clients still need to maintain the Swissquote minimum deposit of $1000 . Swissquote offers over 3 million trading instruments from various asset classes, including forex, CFDs, commodities, cryptocurrencies, indices, stocks, bonds, options, and ETFs. Everything that you find on is based on information and data that is readily available from each broker that we have reviewed.

Finally, we would like to apologize again for the circumstances and we wish you much success! If you do decide to rejoin Swissquote, we would be delighted to hear from you and will be happily at your service. I will keep you updated if i was able gain access to my money or they hold it hostage. Swissquote is holding my deposit since the 4th of January that it has been confirmed on the ETH blockchain several thousands of times.

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A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. Trading account – you can trade with stocks, ETFs, mutual funds, and crypto. Swissquote has high stock and ETF commissions.Prices are far higher than the average fees of some competitor brokers in the same league and significantly higher than discount brokers’ commissions. Being multilingual, Swissquote supports various languages, including French, German, English, Italian, Spanish, Russian, Arabic, and Chinese. It has a double AA customer support rating as it offers more than three languages.

Headquartered in Gland, Switzerland, Swissquote also has offices in Zürich, Bern, London, Luxembourg, Malta, Dubai, Singapore and Hong Kong. In our trust category, we place most importance on how a broker is regulated. So let’s dive in and take a look at how the different entities of Swissquote across the globe are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.

support team

They separate themselves from the traditional banks with greater innovation and a wider offering, and yet have all the benefits and security of being licenced and regulated in Switzerland. We are happy to read that you are satisfied with some of our services. We are happy to read, that you are happy with our market offering. We are very glad to read, that you are fully satisfied with our services and platform.

pros and cons

It works as a professional partner capable of constructing a portfolio tailored to your requirements and directing its long-term growth. Your investing profile is taken into account by the Robo-Advisor. Whether you invest for personal or professional reasons, whether you want to use default methods or create your own, the Robo-Advisor can help you with your goals. This can be a good solution for those of you who are looking to take a more hands-of approach but looking for some guidance along the way. A Financial Information eXchange protocol is an international standard for electronic trading that was created to allow for improved connection among market players.

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