Overview
Swissquote is a leading Swiss-based online trading platform established in 1996, providing innovative financial services to traders and investors worldwide. Originally focused on providing online banking services, Swissquote expanded its operations to include forex and CFD trading, positioning itself as a prominent player in the global brokerage industry. The company is listed on the Swiss stock exchange, demonstrating its strong financial position and commitment to transparency.
- Founded
- 1996
Strengths and watchouts
- Lightning-fast execution speeds
- Feature-rich proprietary platform
- More than 3 million instruments
- FIX API offering
- Comprehensive research and education
- Listed on a major exchange
- High trading fees
- High minimum deposit requirement
- Fee for withdrawals
Safety and regulation
Swissquote is a fully regulated broker, adhering to financial regulations in various jurisdictions, including the Swiss Financial Market Supervisory Authority (FINMA) and the Financial Conduct Authority (FCA) in the UK. This ensures that Swissquote operates with high levels of transparency, reliability, and security, giving traders peace of mind when trading on the platform. Swissquote takes the security of client funds seriously, employing strict fund segregation practices to ensure that client money is kept separate from the company’s operational funds. In addition, the broker offers deposit insurance to further protect client funds in the unlikely event of company insolvency, giving traders extra confidence when trading on the platform.
- FINMA
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Commodities
- Share CFDs
- Indices
- Bonds
- FX Options
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Standard | $0 | 0.0 | 1:1 to 1:500 |
Fees and costs
Swissquote offers competitive spreads starting from 1.2 pips for forex trading. For stock trading, commissions are charged based on the trade size. The broker’s pricing is transparent, and no hidden fees are applied. Swap rates apply to positions held overnight. Swissquote provides competitive swap rates for various currency pairs, commodities, and indices. Swap-free accounts are available for traders following Islamic principles. Swissquote charges inactivity fees on accounts that remain dormant for an extended period. Traders are advised to keep their accounts active to avoid unnecessary charges.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
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Reader reviews
Elena Yellow
Feb 9, 2025
Consider hiring a Product Designer. There are several features I'd love to see: - As an investor, it would be helpful to easily view how each asset in my portfolio has performed over specific time frames (daily, weekly, monthly, or overall). Currently, accessing this data is cumbersome. - On the chart that displays value changes over time, I would appreciate markers indicating my buying and selling points. - Additionally, it would be beneficial if the chart visually represented losses with red and gains with green during selected periods. These improvements would greatly enhance user experience and efficiency.
Albert Cunningham
Feb 9, 2025
There are a few challenges to consider. The process of setting up an account is cumbersome and prone to mistakes. The platform seems unsure of its identity, oscillating between being an asset management tool, a retail trading service, or a traditional bank. At times, it tries to be all of these, while at other moments, it feels like none. Despite these inconsistencies, I’m giving it four stars because it's refreshing to see something novel and innovative emerging in Switzerland, and I believe such efforts deserve encouragement.
Dave Raya
Feb 8, 2025
Withdrawing funds has become a significant challenge lately. This company has been going downhill for quite some time, prompting many to seek alternatives. I made the switch to So Lick, and it's been a beneficial decision for me ever since. If I had the option, I would rate them zero stars.
Showing 1–3 of 10 reviews