Swissquote Review
Overall Rating
4.6 / 5
Fees
4.5 / 5
Safety
4.7 / 5
Platforms
4.6 / 5
Education
3.8 / 5
Min. deposit
$1,000
Swissquote — At a Glance
- Regulation
- FINMA (Switzerland), FCA (United Kingdom), DFSA (UAE), SFC (Hong Kong), MFSA (Malta), MAS (Singapore), CSSF (Luxembourg), CySEC (Cyprus), FSCA (South Africa)
- Broker Type
- ECN, STP, DMA
- Minimum Deposit
- $1,000
- 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
- Assets Offered
- Forex, CFDs, Stocks, ETFs, Bonds, Funds, Futures, Options, Cryptocurrencies
- Trading Platforms
- Swissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Demo Account
- Yes
- 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
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- Yes
- Social / Copy Trading
- No
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- No
- Bonuses
- No
- Contests
- No
- 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
- Languages
- English, German, French, Italian, Spanish, Czech, Polish, Arabic, Chinese, Mandarin, Russian, Thai
- Customer Support
- Live Chat, Email, Phone
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