Swissquote review
Swissquote is a Multi-Assets Trading Platform with over 100+ Assets
Swissquote is a multi asset platform with 100+ tradable Assets.
Assets available on Swissquote include Forex, Social Trading.
Swissquote trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, Social Trading are considered financial assets.
Features of Swissquote
- Virtual Portfolio, or what is commonly known as a Demo Account
- API Trading
- Social Trading available
- Copy Trading available
- StopLoss
- Trailing Stops
- TakeProfit Orders
- Swissquote offers Advanced Financial Chart comparison tools
- Swissquote offers Research-backed analysis on financial markets and investments from top analysts
- The Swissquote platform is available to use on multiple devices including Windows PC, iOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- Swissquote offers a trading platform with tools for both New Traders and Seasoned Experts
- Swissquote users benefit from using the Swissquote platform in over 8 different languages
Swissquote review
What you should know
Swissquote offer two ways to trade: Forex, Social Trading. The assets and products available to you on the Swissquote trading platform depends on the region of the world, you are in and the Swissquote entity you have an account.
With Swissquote you will need a minimum deposit of $1000. You can sign up for a demo account to acquaint yourself with Swissquote platform.
Swissquote are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Swissquote safe?
When considering Swissquote for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Swissquote, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 1999, and in operation for 25 years Swissquote have a head office in Switzerland.
Swissquote is regulated. This means Swissquote are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.
Swissquote withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Swissquote are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Swissquote are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Swissquote and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Swissquote has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Swissquote will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Swissquote, you can enjoy peace of mind and focus on your trading activities. If Swissquote violate any regulatory rules their regulated status could be stripped.
Losses can exceed deposits
Is my money safe with Swissquote?
All payments made to Swissquote by traders are securely held in a segregated bank account.
Swissquote uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Swissquote use them?
Swissquote partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Swissquote clients' funds.
Swissquote clients can have greater confidence in their financial security when working with a Tier 1 bank because Swissquote are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Swissquote deposited in a Tier 1 bank?
Depositing funds with Swissquote ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Swissquote were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Swissquote is a secure and safe platform.
Please be aware that trading in financial assets with Swissquote carries a risk of loss. Swissquote trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Swissquote emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Swissquote, let's closely examine its features.
To better understand the Swissquote trading platform, you can create two separate accounts - one with real money and the other a Swissquote demo account. A Swissquote demo account provides a risk-free environment for experimenting with the Swissquote platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Swissquote trading decisions.
Open a demo account Visit Swissquote
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Swissquote as a Company Compare Against Other Brokers
| Broker |
Swissquote
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Year Established | 1999 | 2007 | 2009 | 2007 |
| Head Office | Switzerland | Australia | Belize | Cyprus, UK |
| Regulation | Financial Conduct Authority (FCA) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
| Used By | 300,000+ Swissquote users | 180,000+ IC Markets users | 1,000,000+ Roboforex users | 30,000,000+ eToro users |
| Negative balance protection | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No |
| Learn More | Visit Swissquote | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
Swissquote review
Swissquote Pros and Cons
Swissquote review
Swissquote Regulation and Licensing in more detail
Swissquote is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Swissquote going into insolvency. Swissquote compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Swissquote to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Swissquote traders.
Swissquote is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Swissquote you should be sure they're legitimate online agent.
Is Swissquote Global?
Yes, Swissquote is global as Swissquote is available in over 194 countries.
Swissquote is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Swissquote covers include the UK, Germany, South Africa, Thailand, China and Australia. Swissquote has a total of more than 300,000 users.
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.
- In addition to being a forex broker Swissquote operates two banks with over 30.5bln CHF in assets
- Industry award for Best Banking Services
- Swissquote’s Advanced Trader platform developed in house has won awards
- Thomson Reuters Lipper Fund Award 2016
Swissquote review
Swissquote Fees Explained
- Swissquote doesn't charge withdrawal fees.
- Swissquote does not 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
| Broker |
Swissquote
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Min Deposit | 1000 | 200 | 10 | 100 |
| Withdrawal Fees | No | No | Yes | Yes |
| Inactivity Fees | No | No | No | Yes |
| Deposit Fees | No | Varies | No | No |
| CFD Commission Fees | No | Yes | No | Yes |
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 Credit cards, Debit cards, Bank Transfer, Payoneer.
Swissquote Inactivity Fees
Swissquote does not 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.
Swissquote review
What can you trade with Swissquote?
It's essential to note that the trading instruments offered under the Swissquote brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Swissquote trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Swissquote over 100 instruments in fact.
If you want to trade currency pairs on global Forex markets, Swissquote offer over 150 currency pairs.
Swissquote Compared To Other Brokers
Compare Swissquote with IC Markets and Roboforex below.
How Swissquote Trading Options Compare Against Other Brokers
| Broker |
Swissquote
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Instruments Available | 100 | 2250 | 100 | 5000 |
| Platforms | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| FX / Currencies | ||||
| Forex pairs offered | 150 | 61 | 35 | 50 |
| Major Forex pairs | Yes | Yes | Yes | Yes |
| Minor Forex pairs | Yes | Yes | Yes | Yes |
| Exotic Forex pairs | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
| Commodity CFDs | ||||
| Commodities Offered | 7 | 20 | 21 | 31 |
| Metals | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes |
| Agricultural | No | Yes | No | Yes |
| Indiced & Stock CFDs | ||||
| Stocks Offered | 0 | 2100 | 0 | 2042 |
| UK Shares | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes |
| Risk Warning |
Visit Swissquote
Losses can exceed deposits |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider. |
Swissquote review
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 platformsIs 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 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 Credit cards
- Swissquote accepts Debit cards
- Swissquote accepts Bank Transfer
- Swissquote accepts Payoneer
| Broker |
Swissquote
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes |
| Paypal | No | Yes | No | Yes |
| Skrill | No | Yes | Yes | Yes |
| Payoneer | Yes | No | Yes | No |
| Neteller | No | Yes | Yes | Yes |
*please note available Swissquote and other broker payment methods depend on the clients country of residence.
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.
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
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
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
| Broker |
Swissquote
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IC Markets
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Roboforex
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eToro
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|---|---|---|---|---|
| Support |
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| Languages | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
| Learn More | Visit Swissquote | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Swissquote
As Swissquote is regulated by Financial Conduct Authority (FCA).
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 April 29, 2024.
Watch this Swissquote Explainer Video
Is Swissquote A Good Broker?
We have spent over 5 years examining Swissquote in depth. Although we found some very useful aspects of the Swissquote platform that would be useful to some traders. We feel that a alternative to Swissquote may better suit you.
- Swissquote have a good track record of offering Forex, Social Trading.
- Swissquote has a history of over 25 years.
- Swissquote has a reasonable sized customer support of at least 10.
- Swissquote are regulated by the Financial Conduct Authority (FCA). Swissquote is subject to strict regulatory oversight from its respective jurisdiction, which holds Swissquote (the broker) accountable for misconduct. This regulatory framework helps ensure that Swissquote operates fairly and transparently and provides Swissquote customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Swissquote.
- Swissquote have regulation from reputable regulators.
- One of the advantages of using Swissquote is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Swissquote are particularly important as Swissquote traders want to receive their money quickly. With the efficient Swissquote payment processing system, traders can enjoy faster access to their Swissquote funds.
- Swissquote have an international presence in multiple countries. Including local Swissquote seminars and training.
- Swissquote can hire people from various locations in the world who can better communicate in your local language.
Swissquote Risk Disclosure
Losses can exceed deposits
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Swissquote not quite right?
If after reading this Swissquote review, Swissquote does not fulfill your needs check out these Swissquote Alternatives.
Click here to view the best Swissquote Alternatives
We have spent years researching the best alternatives to Swissquote. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective Swissquote alternatives available today. If you are unsatisfied with Swissquote or want to explore other options, we recommend checking out our carefully curated list of highly-rated Swissquote alternatives. Follow the links below to learn more about these Swissquote broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
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Related Swissquote Vs Comparisons
Throughout our comprehensive Swissquote review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Swissquote against other popular brokers in the industry, check out our Swissquote Vs pages. Our team has compiled a series of detailed Swissquote comparison articles, pitting the Swissquote platform against some of the best-rated Swissquote competitors in the market. Dive into our informative Swissquote Vs pages below to find out how Swissquote stacks up against other leading brokers.
- Swissquote vs ICMarkets
- Swissquote vs Roboforex
- Swissquote vs eToro
- Swissquote vs XTB
- Swissquote vs XM
- Swissquote vs Pepperstone
- Swissquote vs AvaTrade
- Swissquote vs FPMarkets
- Swissquote vs NordFX
- Swissquote vs easyMarkets
- Swissquote vs SpreadEx
- Swissquote vs FxPro
- Swissquote vs Plus500
- Swissquote vs AdmiralMarkets
- Swissquote vs ThinkMarkets
- Swissquote vs FXPrimus
- Swissquote vs Trading212
- Swissquote vs ForexMart
- Swissquote vs Eightcap
- Swissquote vs ForTrade
- Swissquote vs InteractiveBrokers
- Swissquote vs Forex.com
- Swissquote vs IG
- Swissquote vs Robinhood
- Swissquote vs Coinbase
- Swissquote vs Binance
- Swissquote vs ETXCapital
- Swissquote vs CoreSpreads
Swissquote review
SWISSQUOTE Frequently Asked Questions
Read our detailed Swissquote FAQ Section updated for 2024.
Can I try Swissquote?
Swissquote offer a demo account so you can try the Swissquote platform with virtual trading before you put down a payment. Virtual trading with Swissquote is zero risk. Learn more here
What funding methods do Swissquote accept?
Please note that the list of payment methods below depends on the Swissquote Entity and the client's Country of Residence.
Swissquote offer the following funding payment methods Credit cards, Debit cards, Bank Transfer, Payoneer, among other payment methods.
Learn more here
Is Swissquote safe?
Swissquote have over 300,000 users. Swissquote are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to Swissquote accounts by traders are held in a segregated bank account. For added security,Swissquote use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Swissquote is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Swissquote unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Losses can exceed deposits
Is Swissquote trading good?
Swissquote is considered good and reputable to trade with Swissquote. Swissquote is used by over 300,000 traders and Swissquote users. Swissquote offers Forex trading, and Social trading. Minimum deposit with Swissquote is 1000.
Is Swissquote trading Legit?
Swissquote was founded in Switzerland in 1999. Swissquote has been facilitating trade on the financial markets for over 25 years. Swissquote offers clients Forex trading, and Social trading. All funds deposited to Swissquote are held in segregated bank accounts for security. Swissquote is regulated by Financial Conduct Authority (FCA) so can be considered legit.
Is Swissquote a good broker?
Swissquote allows Forex trading, and Social trading. Swissquote is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.
Is Swissquote trustworthy broker?
Swissquote is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Swissquote, money is in a segregated bank account that is separate from Swissquote company's funds. As a regulated broker, Swissquote cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Swissquote. Instead, your Swissquote funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Swissquote. Also Swissquote is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA).
What is the minimum deposit for Swissquote?
The minimum deposit to trade with Swissquote is 1000.
How long do Swissquote withdrawals take?
Withdrawing money from Swissquote processing time varies depending on the method but averages 1-5 days.
Is Swissquote regulated?
Swissquote is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of Swissquote maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Swissquote a market maker?
Swissquote is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Swissquote even if no buyer or seller is lined up.
How can I start trading with Swissquote?
When opening a trading account with Swissquote, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Swissquote trading platforms, you can follow the link provided below: Learn more about signing up with the Swissquote trading platform here. This will provide useful information and insights into the various trading platforms offered by Swissquote, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Swissquote?
Yes your money is safe with Swissquote.
Overall, strict financial regulation is essential for ensuring that trading platforms like Swissquote operate fairly, transparently, and responsibly, which ultimately benefits all Swissquote stakeholders involved.
Trading platforms like Swissquote must have strict financial regulation for several reasons:
- Protecting Swissquote Investors: Strict financial regulation ensures that investors who use the Swissquote trading platform are protected against fraudulent or unethical behavior by the Swissquote platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Swissquote platform.
- Maintaining Swissquote Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Swissquote trading platform. Regulatory procedures reduce the likelihood of the Swissquote platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Swissquote Transparency: Regulations require trading platforms like Swissquote to maintain detailed records and disclose Swissquote client information. Financial regulatory requirements enhances transparency and helps to build trust between the Swissquote platform and its investors.
Swissquote is regulated by the Financial Conduct Authority (FCA). When selecting a broker such as Swissquote, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Swissquote ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Swissquote.
Is Swissquote a con?
Swissquote is regulated and well established, having been in business for over 25 years. Swissquote is not a con.
Can you make money with Swissquote?
Although traders have had great success with Swissquote, trading on the financial markets with Swissquote is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.
Does Swissquote have fees?
Swissquote doesn't charge withdrawal fees. Swissquote doesn't charge inactivity fees. Swissquote doesn't charge deposit fees.
When was Swissquote founded?
Swissquote was founded in 1999.
How many people use Swissquote?
Swissquote is used by over 300,000 registered Swissquote users.
What is Swissquote Headquarters country?
Swissquote has its head quarters office in Switzerland .
Does Swissquote offer negative balance protection?
Swissquote does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Swissquote offer guaranteed stop loss?
Swissquote does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Swissquote allow scalping?
Swissquote offers scalping.
Does Swissquote allow hedging?
Swissquote offers hedging.
Does Swissquote offer CFD trading?
Swissquote offers CFD trading.
Does Swissquote offer STP?
Swissquote does not offer STP trading.
How many people use Swissquote?
Swissquote is used by over 300000 Swissquote users and traders.
Is Swissquote an ECN broker?
Swissquote does not offer ECN trading.
Does Swissquote offer a demo account?
Swissquote offers a demo account.
Does Swissquote offer an Islamic account?
Swissquote does not offer Islamic accounts.
What are the funding methods for Swissquote?
Please note that funding methods and options available with Swissquote can be found in the Swissquote Members area and depend on the Swissquote client’s country of residence. Please check your specific available payment methods on the Swissquote website. Swissquote accept the following funding methods : Credit cards, Debit cards, Bank Transfer, Payoneer.
Swissquote review written by Andrew Blumer and Mark Hansen
