Swissquote Review 2025

Swissquote review
Swissquote Awards

Swissquote have won numerious industry awards over the 25 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Swissquote below.

• Best Swiss Online Broker - 2001
• Best Performing Swiss Equity Fund - Thomson Reuters Lipper Fund Award - 2016

Swissquote review
Swissquote Fees Explained

• Swissquote doesn't charge withdrawal fees.
• Swissquote does charge a fee for inactive accounts.
• Swissquote doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Swissquote are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Swissquote Costs To Check

Modern brokers like Swissquote provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Swissquote may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Swissquote trading profitability.

How Swissquote Fees Compare Against Other Brokers

Swissquote Minimum Deposit

Swissquote requires a minimum deposit of 1000 GBP/USD/EUR when opening an Swissquote trading account.

A minimum deposit is the minimum amount of money required by Swissquote to open a new online brokerage account with them.

Don't be scared off by brokers like Swissquote charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Swissquote, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Swissquote Withdrawal Fees

Swissquote doesn't charge withdrawal fees.

Swissquote Withdrawal rules may vary across different brokers when it comes to transferring funds from your Swissquote or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Swissquote may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Swissquote withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Swissquote. Researching and comparing Swissquote withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Swissquote funds frequently or dealing with large sums of money. Awareness of these Swissquote fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Swissquote funds.

For example, Swissquote allows you to withdraw your funds to Debit Cards, VISA, MasterCard, Apple Pay, Prepaid card, Wire Transfer.

Swissquote Inactivity Fees

Swissquote does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Swissquote terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Swissquote fees and services. It's recommended that you check the Swissquote website before signing up. If you decide to close your Swissquote account, it's important to do so with the Swissquote broker customer support and obtain confirmation that no remaining Swissquote fees are due.

Brokers like Swissquote must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Swissquote Deposit Fees

Swissquote does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Swissquote Commission Fees

Swissquote does not charge commission on CFD instruments.

Brokerage firms like Swissquote may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Swissquote trading account level held by the trader.

Swissquote may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Swissquote terms and conditions to understand the commission fees and any other charges that may apply is essential.

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Trading on Swissquote web platforms and other applications

Swissquote is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

Swissquote also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Swissquote's platforms

Is the Swissquote Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Swissquote trading platform to protect you on PC and mobile Swissquote platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Swissquote web trading platforms.

Swissquote Trading Platform Options

After logging into your Swissquote account, you'll find a range of trading platform options available below.

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

Swissquote does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Swissquote gives you.

Swissquote review
Swissquote MetaTrader 4 (MT4)

Swissquote MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Swissquote offers traders comprehensive features and tools to enhance their trading performance. The Swissquote MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Swissquote platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Swissquote traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Swissquote traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Swissquote trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Swissquote MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Swissquote, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Swissquote MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Swissquote allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Swissquote in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Swissquote MetaTrader 4 is compatible with the latest macOS. Swissquote allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Swissquote

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Swissquote MetaTrader 4 on iOS Devices

You can download the Swissquote app or trade with Swissquote through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Swissquote customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Swissquote MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Swissquote offers its clients access to the MetaTrader 4 platform on these devices. With the Swissquote MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Swissquote traders to stay on top of their trades and react quickly to changes in the market. With the Swissquote MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Swissquote MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Swissquote are a powerful bundle of three major indicators designed to help traders make informed decisions. Swissquote MT4 Trading Central indicators include:

• Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
• Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
• Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Swissquote traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Swissquote traders to potentially stay one step ahead.

Swissquote MetaTrader 4 Advanced Trading Tools

The Swissquote MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Swissquote traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Swissquote provides traders with everything they need to succeed. The Swissquote MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Swissquote traders to analyze the market at any level of complexity.

Trade Swissquote MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Swissquote MetaTrader 4 & MetaTrader 5 AutoChartist

Autochartist on the Swissquote platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Swissquote MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.

With Autochartist, Swissquote traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Swissquote users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Swissquote traders can navigate the platform and find the information they need to make informed trading decisions.

Swissquote Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Swissquote traders of all experience levels.

Swissquote review
Swissquote MetaTrader 5 (MT5)

Swissquote MetaTrader 5 (MT5) In Detail

Swissquote MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, Swissquote MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.

MT5 on Swissquote provides the convenience of using automated trading systems and copy trading, giving Swissquote traders competitive research tools in the financial markets.

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade Swissquote MetaTrader 5 WebTrader

Access your Swissquote MetaTrader 5 accounts from any web browser. MT5 on Swissquote features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.

Swissquote review
Swissquote MT5 Buying and Selling

Swissquote MetaTrader 5 on iOS Devices

Swissquote MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Swissquote MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

Swissquote MetaTrader 5 on Android Devices

The Swissquote MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the Swissquote trading server. Take the time to understand all of the Swissquote Android MetaTrader 5 features. With Swissquote MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.

Swissquote Metatrader Mobile Application Features

MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :

• Swissquote Financial instrument quotes
• View in-depth price charts of financial instruments with Swissquote MetaTrader
• Manage trades and open positions on Swissquote MT4 & MT5
• View your Swissquote trading history
• View market news
• MetaTrader internal messaging on Swissquote
• View and research market statics of Swissquote financial instruments
• Swissquote Position opening and closing
• Lookup symbols in the Swissquote MetaTrader quotes section
• Display of deals on Swissquote graphs
• Swissquote Timeframe selection for graphs and charts
• Additional vertical scaling of Swissquote graphs
• Capability to transfer Swissquote accounts to other devices using QR codes
• Information is available only if it's supplied by Swissquote
• Access the OTP generator through FaceID or fingerprint with Swissquote

Swissquote MetaTrader 5 Advanced Trading Tools

Swissquote MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.

• Swissquote MT5 Depth of market bids and asks
• Financial Price Data on Swissquote
• Margin Calculation, Futures, Forex on Swissquote
• Advanced Techincal Analysis on Swissquote MT5
• One click trading on Swissquote MT5
• Swissquote Spreads
• Swissquote Futures
• Swissquote Trading Reports

Swissquote Trading benefits

• Swissquote Allows scalping
• Swissquote Allows hedging
• Swissquote Offers Negative Balance Protection

Swissquote Trading Accounts Offered

Below we give an overview of the account types that Swissquote offer. Whatever you are looking to trade, the varying Swissquote account types will be able to provide you with what you need.

• Swissquote Demo account
• Swissquote Mini account
• Swissquote Standard account

Can I try Swissquote?

Swissquote provides a demo account that enables individuals to explore trading before investing their funds. By creating a Swissquote practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Swissquote demo account can help individuals to make informed decisions before investing their money.

Open a demo Swissquote account to practice and trade.

Losses can exceed deposits

Swissquote withdrawal and funding methods

It's essential to remember that the payment methods provided by Swissquote vary based on the Swissquote entity and the Swissquote client's country of residence. To view the Swissquote payment options available, you can log into your Swissquote member's area.

Swissquote offers various funding payment methods listed in your Swissquote dashboard if available in your region. To learn more about the Swissquote funding and withdrawal options available in your area, you can explore the Swissquote website.

Swissquote provides several payment methods for funding your Swissquote account. You may utilize any of these deposit options if they are available in your region. Swissquote ensures that users have multiple payment methods to choose from, making it more convenient for verified Swissquote account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Swissquote user's location. learn more about Swissquote funding and withdrawal methods.

Swissquote Payment Methods

Some Swissquote payment methods are local and are available only to specific regions. Swissquote account holders should check which payment methods are provided in your region.

• Swissquote accepts Debit Cards
• Swissquote accepts VISA
• Swissquote accepts MasterCard
• Swissquote accepts Apple Pay
• Swissquote accepts Prepaid card
• Swissquote accepts Wire Transfer

How can I start trading with Swissquote?

To open a trading account with Swissquote, individuals can sign up on the Swissquote website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Swissquote account validation and making a deposit. Once completed, Swissquote users can download the trading platform of their choice.

It's important to note that Swissquote requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Swissquote maintain a trustworthy financial environment for its 300,000 users. Detailed information on the Swissquote trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Swissquote

The trading platform, Swissquote, provides users various options regarding the minimum and maximum trade requirements. These requirements are determined based on the specific instrument being traded and the preferences of the individual trader. This flexibility allows traders to tailor their trading experience to their unique needs and investment goals.

Swissquote, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Swissquote can be useful for traders starting or with limited capital.

Like other brokers, Swissquote margin requirements can differ depending on the traded instrument.

Swissquote offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about Swissquote, and see all of the Swissquote account features on the official Swissquote website.

CFD Trading on Swissquote

We will show you an example of the basics of using Swissquote leverage.

CFD trading on Swissquote allows traders to speculate on the price movements of various financial instruments against the broker Swissquote, without actually owning real assets. With CFDs, Swissquote traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Swissquote provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Swissquote leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Swissquote trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Swissquote leverage magnifies both profits and losses in trading.

Trading CFD trades on the Swissquote platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Swissquote traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limiting Your Risk When Trading with Swissquote Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like Swissquote. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Swissquote trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Swissquote trading losses are always limited to the current balance of funds in the trader's account.

Even if an Swissquote trader experiences a significant loss, they will never owe more money than what is available in their Swissquote account balance.

It's important for Swissquote traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Swissquote losses are limited to the funds available in your Swissquote account when negative balance protection is in place.

Limit Risk When Trading with Swissquote Stop Loss, Swissquote Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Swissquote . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Swissquote traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Swissquote trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Swissquote traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Swissquote, you must actively monitor your live trading portfolio and financial exposure on Swissquote.

Education Resources at Swissquote

Swissquote offer educational resources which include Seminars, Morning News, Blog, Youtube, Podcasts, MAGAZINE, Webinars. Please bear in mind that these resources provided by Swissquote do not guarantee any results when trading. When we checked on the Swissquote website, these educational resources were not available in every language. Also some financial instruments mentioned in any Swissquote educational resources may not be available in your region.

To trade effectively with Swissquote, it's important to have a good understanding of the Swissquote trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Swissquote and externally.

Swissquote . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Swissquote. Familiarizing yourself with the Swissquote trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Swissquote. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Swissquote involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Swissquote, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Swissquote. Explore the Swissquote platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Swissquote, before live trading.

Customer Support at Swissquote

As part of our Swissquote review, we review customer service options, response times and problem resolution effectiveness on the Swissquote trading platform. The Swissquote trading platform supports multiple languages, which includes English, German, French, Italian, Spanish, Arabic, Russian, and Chinese.

Swissquote Available Support Types

Swissquote have a double AA grade support rating because Swissquote offer live chat and email support in multiple languages.

Livechat Support at Swissquote

Our experience with the Swissquote live chat was positive. We received a response within 30 seconds of sending a message through their app and website. Overall, great live chat support from Swissquote.

We tested communicating with Swissquote customer support in multiple languages and countries. Swissquote made an effort to resolve the issues we had.

Email Support at Swissquote

Our experience with Swissquote email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.

Phone Support at Swissquote

Our experience with Swissquote phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with Swissquote.

See how Swissquote Support Compares Against Other Brokers

What you will need to open an account with Swissquote

As Swissquote is regulated by Financial Conduct Authority (FCA) (562170), CySEC (Cyprus Securities and Exchange Commission) (CIF 422/22).

As a new client of Swissquote, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Swissquote in your region. During the Swissquote account opening process, you will be asked to provide Swissquote with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Swissquote have the following documents available.

• Swissquote require a scanned colour copy of your passport, driver's license or national ID card.
• A recent utility bill or bank statement that confirms your residential address for Swissquote compliance. This must be dated within the last six months.
• If you plan to fund your Swissquote account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Swissquote platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Swissquote Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Swissquote's platform.

However, remember that you won't be able to make trades on Swissquote until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Swissquote KYC compliance process as soon as possible to avoid any delays in accessing the Swissquote platform's features.

It is important to note that Swissquote may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Swissquote platform and features immediately. However, you must pass the verification process to start live trading with Swissquote, which can take up to a few business days.

To start the process of opening an account with Swissquote you can visit the Swissquote trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://en.swissquote.com/ on December 19, 2024.

Watch this Swissquote Explainer Video

Swissquote review written by Andrew Blumer and Mark Hansen