Swissquote Review for 2019

Swissquote Rated 3/5
Swissquote have a low rating. We recommend you look at one of their alternative brokers.
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Swissquote Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Swissquote we break down the pros and cons. What Swissquote are able to offer, what countries Swissquote are available in. Who Swissquote are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Swissquote

  • Regulated by: Financial Conduct Authority
  • Headquarters Country : Switzerland
  • Foundation year 1999
  • Min Deposit Fee : 1,000
  • Used by over 10,000 traders
  • Swissquote is not available in the following countries : US
Open Swissquote's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Swissquote

With this review we hope to help you see if Swissquote is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Swissquote that will help you get off to a good start in the world of online trading.

Swissquote Review Table of Contents

Swissquote what you should know

Swissquote offer two ways to trade: Forex, Social Trading.

With Swissquote you will need a minimum deposit of $1,000. 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 choosing a broker like Swissquote the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1999, and in operation for 20 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 regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Swissquote, this will be honored. If Swissquote violate any regulatory rules their regulated status could be stripped.

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 banks financial health and strength.

Try creating two accounts when you are working with Swissquote. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Swissquote

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about Swissquote

  • Used by over 10,000 traders
  • Established in 1999
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1,000

What we don't like about Swissquote

Swissquote General Fees

  • Swissquote doesn't charge withdrawal fees
  • Swissquote doesn't charge inactivity fees

Swissquote Commissions

  • Swissquote doesn't charge commission on CFD shares.

What can you trade with Swissquote?

You can trade a wide variety of instruments with Swissquote over 100 instruments infact.

If you are looking at trading currency pairs Swissquote offer over 150 currency pairs.

Compare Swissquote with eToro and XTB below.

Losses can exceed deposits

FX / Currencies Swissquote eToro XTB
Forex pairs offered 150 50 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Swissquote eToro XTB
Commodities offered 7 0 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Swissquote eToro XTB
Stocks offered 0 957 1696
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
Swissquote
Instruments
eToro
Instruments
XTB
Instruments

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, making it easier to keep an eye on and execute your trades while you’re on the move.

See Swissquote's platforms

Swissquote Trading benefits :

  • Allows scalping
  • Allows hedging
  • Low min deposit

Swissquote Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account

Can I try Swissquote before I buy?

Swissquote offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Swissquote accept?

Swissquote offer the below funding payment methods. learn more about Swissquote

  • Credit cards
  • Bank Transfer
  • Payoneer

How can I start trading with Swissquote?

When opening a trading account with Swissquote, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Swissquote trading platforms here.

Performing trades with Swissquote

With Swissquote, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Swissquote may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Swissquote

To trade effectively with Swissquote, it's important to get a have a good understanding of the XTB trading tools and the markets.

Swissquote offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Swissquote.

Take time to look around the Swissquote platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at Swissquote

Swissquote support a wide range of languages including English, German, French, Italian, Spanish, Arabic, Russian, and Chinese

Swissquote have a double AA grade support rating because Swissquote offer over three languages,

What you will need to open an account with Swissquote

As Swissquote is regulated by Financial Conduct Authority, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Swissquote's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Swissquote you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from http://en.swissquote.com/ on 12th August 2018.

Swissquote not quite right?

Check out these Swissquote Alternatives

We have spent years researching the best alternatives to Swissquote. Click the links below to learn more.

If you feel some of the above Swissquote are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Swissquote alternatives below.

Related Swissquote Comparisons

If you would like to see how Swissquote stands up against other brokers you can read some of our Swissquote comparisons below. We compare side by side some of our top rated Swissquote versus comparisons. Read some indepth Swissquote VS pages below.

SWISSQUOTE Frequently Asked Questions

Can I try Swissquote before I buy?

Swissquote offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Swissquote accept?

Swissquote offer the following funding payment methods accept Credit cards, Bank Transfers, Payoneer, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with Swissquote?

When opening a trading account with Swissquote, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Swissquote trading platforms here.

Is my money safe with Swissquote?

Swissquote is regulated by Financial Conduct Authority. One of the most important criteria for traders when choosing a broker like Swissquote is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Swissquote, this will be honored. If they violate any regulatory rules their regulated status can be stripped.