Founded in Switzerland, Swissquote is a leading online banking and brokerage institution regulated by FINMA. Known for its precision, transparency, and security, Swissquote offers a premium trading experience across forex, stocks, ETFs, cryptocurrencies, and more. With deep liquidity, advanced platforms, and the credibility of a Swiss banking license, this broker is tailored for investors who value both performance and peace of mind.
Pros
FINMA-Regulated Swiss Bank – Offers top-tier regulation and the security of a licensed Swiss bank.- Wide Range of Instruments – Trade Forex, stocks, ETFs, options, bonds, and cryptocurrencies from one account.
- Trusted Brand – Publicly listed on the SIX Swiss Exchange, ensuring transparency and financial stability.
- Advanced Trading Platforms – Access MetaTrader 4, MetaTrader 5, and Swissquote’s proprietary platforms.
- Strong Research & Analysis – Includes in-depth market insights, trading ideas, and premium tools.
- Multi-Currency Accounts – Manage and trade in multiple base currencies.
Cons
High Minimum Deposit – Starting from $1,000 for trading accounts, which may not suit beginners.
Higher Spreads – Compared to pure ECN brokers, spreads can be wider.
No MT4 for Crypto Trading – Cryptocurrency trading is only available via eTrading platform.
Limited Promotions or Bonuses – Swissquote doesn’t offer typical trading bonuses or incentives.
Swissquote Account Types Comparison
| Feature | Standard | Premium | Prime | Professional |
|---|---|---|---|---|
| Minimum Deposit | $1,000 | $10,000 | $50,000 | On request |
| Spreads | From 1.7 pips | From 1.4 pips | From 1.1 pips | Custom pricing |
| Commission | No | No | No | Custom terms |
| Leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 (or higher per request) |
| Platforms | MT4 / MT5 / Advanced Trader | MT4 / MT5 / Advanced Trader | MT4 / MT5 / Advanced Trader | MT4 / MT5 / API Access |
Frequently Asked Questions (FAQ) about Swissquote
1. Is Swissquote a scam broker?
No, Swissquote is not a scam. It is a fully regulated Swiss bank, licensed by FINMA (Swiss Financial Market Supervisory Authority), and publicly listed on the SIX Swiss Exchange. Swissquote offers a high level of transparency, fund safety, and banking-grade security for traders and investors.
2. Does Swissquote provide Islamic accounts?
Yes, Swissquote offers Islamic (swap-free) accounts that comply with Sharia principles. These accounts are available upon request and are designed to exclude any form of interest (riba) on overnight positions.
3. How can I withdraw money from Swissquote?
Withdrawals can be made via bank transfer directly from your Swissquote account. The process is secure and follows standard banking procedures. Clients need to submit a withdrawal request through their client portal, and funds are typically processed within 1–3 business days.
4. What platforms can I use to trade with Swissquote?
Swissquote supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary Advanced Trader platform. These platforms are available on desktop, web, and mobile, providing flexibility for both beginners and professional traders.
5. What is the minimum deposit at Swissquote?
The minimum deposit depends on the account type. For a Standard account, the minimum deposit is $1,000. Premium accounts start at $10,000, Prime accounts at $50,000, and Professional accounts are available upon request.
Swissquote Review Details
