FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
Swissquote logo

Swissquote Review

Key Facts

Regulation
FINMA · FCA · DFSA+6 more
Broker Type
ECN, STP, DMA
Min. Deposit
$1,000
Platforms
Swissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Fees
Low
Max Leverage
1:100
Demo Account
Yes

Our Ratings

4.6
out of 5
Safety & Regulation4.7
Fees & Costs4.5
Platforms & Execution4.6
Education3.8

75% of retail FX and CFD accounts lose money.

Pros & Cons

Pros

  • +Strong global regulatory oversight
  • +Publicly listed on the SIX Swiss Exchange
  • +Solid banking backgorund
  • +Extensive product offering
  • +Low forex trading fees
  • +Multiple account currency options
  • +Demo account availble for practice trading
  • +Islamic (swap-free) accounts available
  • +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

Swissquote - At a Glance

Trading Conditions

Broker Type
ECN, STP, DMA
Minimum Deposit
$1,000
Maximum Leverage
1:100
Spread Type
Variable
Spread From
1.1 pips
Commission
No Commission
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
200
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs, Stocks, ETFs, Bonds, Funds, Futures, Options, Cryptocurrencies

Account Types

Demo Account
Yes
Swap Free Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Joint Account
Yes
Social / Copy Trading
No
Bonuses
No
Contests
No

Platforms & Tools

Trading Platforms
Swissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
No

Company

Regulation
FINMA (Switzerland), FCA (United Kingdom), DFSA (UAE), SFC (Hong Kong), MFSA (Malta), MAS (Singapore), CSSF (Luxembourg), CySEC (Cyprus), FSCA (South Africa)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
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
Payment Methods
Bank Transfer, Debit Card, 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
Languages
English, German, French, Italian, Spanish, Czech, Polish, Arabic, Chinese, Mandarin, Russian, Thai
Customer Support
Live Chat, Email, Phone

75% of retail FX and CFD accounts lose money.