
Swissquote Forex Review 2026
75% of retail FX and CFD accounts lose money.
Swissquote - At a Glance
- Established
- 1996
- Headquarters
- Chemin de la Crétaux 33, 1196 Gland, Switzerland
- International Offices
- Switzerland, United Kingdom, Luxembourg, South Africa, Cyprus, Malta, Hong Kong, China, United Arab Emirates, Singapore, Romania
- Publicly Traded
- Yes
- Broker Type
- ECN, STP, DMA
- Regulation
- FINMA (Switzerland), FCA (United Kingdom), DFSA (United Arab Emirates), SFC Hong Kong (Hong Kong), MFSA (Malta), MAS (Singapore), CSSF (Luxembourg), CySEC (Cyprus), FSCA (South Africa)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
Swissquote says losses cannot exceed what you invested, though its own risk disclosure still contemplates clients ending up negative. Swiss rules do not require it. EU clients are covered by law.
- Banking License
- Yes
- Languages
- English, German, French, Italian, Spanish, Czech, Polish, Arabic, Chinese, Mandarin, Russian, Thai
- Customer Support
- Live Chat, Email, Phone
- Customer Support Hours
- 24/5
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Corporate Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- No
- Minimum Deposit
- $1,000
- Payment Methods
- Bank Transfer, Credit/Debit Card
- Account Currencies
- EUR, USD, JPY, GBP, CHF, CAD, NZD, AUD, AED, TRY, HKD, PLN, SEK, NOK, SGD, XGD, ZAR, THB, HUF, CZK, DKK, MXN, ILS
- Maximum Leverage
- 1:100 standard, customisable on request. Retail caps apply on the UK and EU entities
- Bonuses
- No
- Contests
- No
- Markets & Products
- Forex, CFDs, Stocks, ETFs, Bonds, Funds, Futures, Options, Cryptocurrencies
- Currency Pairs
- 130+ currency pairs, metals and CFDs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 200
- Decimal Pricing
- 5 decimals
- Order Types
- Market, limit, stop, stop limit, trailing stop, stop loss and take profit. Complex orders supported: OCO (order cancels other), combining a stop and a limit so execution of one cancels the other, and IF-DONE two-legged orders where a stop loss or take profit is placed only once the first order fills. IF-DONE OCO combines both. Duration options are GTC (good till cancelled) and GFD (good for the day).
- Execution Type
- ECN, STP and DMA. No dealing desk
- Margin Call Level
- 100% maintenance margin
- Stop Out Level
- 30% (Swissquote Bank, Switzerland), 50% (Swissquote Ltd, FCA retail rule)
- Hedging
- Yes
- Scalping
- Yes
- Spread Type
- Variable
- Spread From
- 1.7 pips (Standard, international entity), 1.3 pips (UK entity entry account)
- Commission
- No Commission
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- No
Swissquote charges no withdrawal fee. Correspondent bank charges may apply on international transfers, and withdrawals must return to an account in the client name.
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- Yes
Up to 10 units of your account currency a month after 6 months without trading. Never takes you below zero, and stops when you trade again. Only retail accounts pay it.
- Custody Fee
- Yes
- Trading Platforms
- Swissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Mobile App
- Yes
- API Access
- Yes
- VPS Hosting
- No
- Automated Trading
- Yes
How Swissquote's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
Pros & Cons
Pros
- Strong global regulatory oversight
- Publicly listed on the SIX Swiss Exchange
- Solid banking background
- Extensive product offering
- Low forex trading fees
- Multiple account currency options
- Demo account available for practice trading
- Islamic (swap-free) accounts available
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- Fast and secure payment methods
- Negative balance protection
- User-friendly mobile and web platforms
- Supports TradingView, MT4, and MT5
- Supports algorithmic trading
- No restrictions on trading strategies
- Great customer support service
Cons
- High minimum deposit
- Limited research tools
- Inactivity fee charged after 6 months of account inactivity
- Educational content is limited
- No integrated social, copy, and PAMM trading feature