Swissquote Broker

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.

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.

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.