FBRForex Broker Rating
E
Reviewed by Editorial Team · Last reviewed
Swissquote logo

Swissquote Review

Updated regularly · Independent ratings

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

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.

Swissquote — At a Glance

Full broker data from our database

Minimum deposit$1,000
Broker typeECN, STP, DMA
Spread typeVariable
Spreads from1.1 PIPS
CommissionNo Commission
Maximum leverage1:100
Minimum lot size0.01
Maximum lot size200
Decimal pricing5 decimals
Trading platformsSwissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
API accessYes
VPSNo
Demo accountYes
Segregated accountYes
Swap-free accountYes
Managed accountYes
PAMM / MAM accountYes
Joint accountYes
Copy tradingNo
Social tradingNo
Account currenciesEUR, USD, JPY, GBP, CHF, CAD, NZD, AUD, AED, TRY, HKD, PLN, SEK, NOK, SGD, XGD, ZAR, THB, HUF, CZK, DKK, MXN, ILS
One-click tradingYes
OCO ordersYes
Trailing stop lossYes
Hedging allowedYes
Scalping allowedYes
Interest on marginYes
BonusesNo
ContestsNo
RegulatorsFINMA (Switzerland), FCA (United Kingdom), DFSA (UAE), SFC (Hong Kong), MFSA (Malta), MAS (Singapore), CSSF (Luxembourg), CySEC (Cyprus), FSCA (South Africa)
HeadquartersChemin de la Crétaux 33, 1196 Gland, Switzerland
International officesSwitzerland, United Kingdom, Luxembourg, South Africa, Cyprus, Malta, Hong Kong, China, United Arab Emirates, Singapore, Romania
Assets offeredForex, CFDs, Stocks, ETFs, Bonds, Funds, Futures, Options, Cryptocurrencies
Payment methodsBank Transfer, Debit Card, Debit Card
LanguagesEnglish, German, French, Italian, Spanish, Czech, Polish, Arabic, Chinese, Mandarin, Russian, Thai
Customer supportLive Chat, Email, Phone
Contact emailfx@swissquote.com

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
https://www.swissquote.com/

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.