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Written by Adam Peters
Broker Analyst
Updated
Swissquote logo

Swissquote Forex Review 2026

Our Ratings
3.9
out of 5
Safety & Regulation4.7
Fees & Costs2.1
Markets & Products4.7
Platforms & Execution5.0
Deposit & Withdrawal3.1
Trading Tools & Research3.8
Account Opening4.0
Customer Service4.1
Education3.8
Key Facts
Regulation
FINMA, FCA, DFSA, SFC Hong Kong, MFSA, MAS, CSSF, CySEC, FSCA
Broker Type
ECN, STP, DMA
Min. Deposit
$1,000
Platforms
Swissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Negative Balance Protection
Yes
Max Leverage
1:100 standard, customisable on request. Retail caps apply on the UK and EU entities
Demo Account
Yes
Spreads From
1.7 pips

75% of retail FX and CFD accounts lose money.

Swissquote - At a Glance

Company & Overview
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
Account Types
Demo Account
Yes
Swap Free Account
Yes
Joint Account
Yes
Corporate Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Social / Copy Trading
No
Account Conditions
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
Trading Conditions
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
Fees & Costs
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
Platforms & Tools
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

Spread from (major pairs)1.7 pips
Catalogue median: 0.8 pips across 49 brokers · lower is cheaper
Minimum deposit$1,000
Catalogue median: $10 across 49 brokers · lower is more accessible

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
Show 7 more
  • 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

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