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Swissquote Swissquote Review and Rating

Swissquote Review and Rating | Swissquote swiss forex broker

RATING: 3 / 2 REVIEWS ForexBrokerz Swissquote


Trading Accounts


Account type Minimum deposit Minimum trade size   Maximum leverage Min. Spreads 
Standard  $1 0.01 1:100 from 1.8 pips on EUR/USD
Premium  $25,000  0,1  1:100 from 1.6 pip on EUR/USD
Prime $100,000 0,1 1:100 from 1.3 pip on EUR/USD


Like most brokers, Swissquote offers its clients a choice of several account types. The standard account is suitable for regular and inexperienced traders, while the other two are tailored to professional and high-volume traders.

There are micro lots available for trade, as well as practice accounts, which are always appreciated by newbies. Yet, there is no Islamic (swap-free) service available to Muslim clients with this broker.

The Company

Swissquote was founded back in 1996 and today it ranks among the top 10 online forex brokers in the world, empowering over 200,000 private and institutional clients to trade a wide range of currency pairs, commodities and indices.

Swissquote is a brand of Swissquote Bank Ltd., a recognised public bank regulated by the Swiss Financial Market Supervisory Authority (FINMA) and part of the International Swissquote Group. The Group currently employs over 500 staff and also has offices in Dubai, London, Malta and Hong Kong to serve customers in over 120 countries. Swissquote Group Holding Ltd (SQN) is listed on the SIX Swiss Exchange.

Furthermore, the Swissquote Group has set up an UK subsidiary, Swissquote Ltd., which holds a FCA license and provides online forex, commodities and stock indices trading services for traders based in the European Union.

Security of Funds

As Swiss brokers are required to hold a banking license and therefore, to meet draconian requirements, there is no doubt that Swissquote is a solid and reliable broker in terms of safety and security of clients’ funds.

Swissquote Bank Ltd., operating as is Swissquote, is actually among the few companies (except Dukascopy Bank SA) holding a banking license from the Swiss Financial Market Supervisory Authority (FINMA).

FINMA requires licensed companies to hold net tangible assets of CHF 20 million. What is more, under the Swiss Banks and Securities Dealers agreement, all customer deposits of Swiss regulated brokers are protected up to CHF 100,000, in the unlikely event of bank default.


Trading Conditions

Minimum Initial Deposit
There is no minimum initial deposit with Swissquote, which makes this broker quite attractive and accessible for all kinds of traders. In fact, one may access the deep liquidity provided by the Swissquote bank with just 1 USD /EUR /CHF. In comparison, Ducascopy, the only other regulated Swiss broker, demands $ 5,000 from its clients as a start.

Average Spreads & Commissions

Swissquote offers variable spreads, starting from to 1.8 pips on EUR/USD (on the Standard account), which is a comparatively high value, however the broker charges no commission.

In comparison, Dukascopy offers variable spreads from 0.1 pips on EUR/USD, however a commission fee applies, ranging from $10 to $35 per lot round turn, depending on the volume traded.

For further information, you may look up real-time spreads of 15 leading brokers here.

Maximum Leverage

Swissquote offers traders maximum leverage of 1:100, which is considered a low ratio for the market. The broker even advises inexperienced traders to use leverage lower than this on its website, because higher leverage involves higher risk, not only the probability of multiplied profits earned on a relatively small deposit.

In comparison, Dukascopy provides its clients with a maximum leverage of 1:200. If you need higher leverage, here is a list of forex brokers offering leverage equal to or exceeding 1:500.

Trading Platforms

The trading platforms you can choose between with Swissquote are Metatrader 4 (MT4), MetaTrader 5 and AdvancedTrader.

Regarded as the industry standard trading platform, MT4 is preferred by most experienced traders for its innovative, on the go trading capabilities, advanced charting, extensive back-testing environment and automated trade options with Expert Advisor strategies (EA). Not to mention its fast and user-friendly technology, designed to let you trade with ease. Here is a list of more forex brokers offering MT4 platform.

The MT5, on the other hand, was developed and marketed as an improvement on MT4, yet many brokers still prefer the earlier technology, since MT5 does not support all MT4’s indicators and EAs.

You may look up more brokers supporting the MT5 here

AdvancedTrader is Swissquote’s proprietary platform, available as desktop, web and mobile versions. It is user friendly and easy to switch from one version to another, yet one may not trade CFDs on it and EAs are not supported.


Methods of Payment

Clients of Swissquote can make deposits to and withdrawals from their accounts via bank wire, credit cards (Visa, MasterCard), and China UnionPay.


Heavily regulated and very reputable broker, as well as a bank, Swissquote offers online trading in a variety of financial instruments under typical trading conditions through a variety of platforms. To sum up the above, here are the Pros and Cons with regards to this broker:


Pros  Cons
Very well-regulated Market Maker model
Variety of platforms offered Low leverage levels
MT4 available  
No minimum deposit required   


Latest news about Swissquote All news
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for Swissquote
















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Trading stocks with Swissquote

i v been client at swissquote since several years. one of my stock has been bought by another companie with a high premium. i was happy but swissquote told me my stock are valued at 0 € !!! i had to fight several months and threaten them before they admit (without any excuse) that my stocks were valued at 6€ each. no excuse . their fees are not that low, i ll move to interactive brokers or saxo.

PIJR 04/02/2019
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