Trading Experience
“Swissquote provides a very competitive offering for both beginners and advanced traders to trade with a licenced Swiss bank and gain access to a wide range of additional trading tools such as AutoChartist and Trading Central to trade on more than 130 different instruments, while accessing an eBanking platform with a personal Swiss IBAN number.”
From our observations, Swissquote provides a simple and transparent, yet highly competitive trading offering suitable for both beginners and advanced traders. Users have access to three core account types that offer commission-free trading with competitive spreads to trade on more than 130 different instruments covering Forex, Indices, Metals, Commodities and Bonds.
While the bank’s own web-based Advanced Trader platform is feature rich, Swissquote also offer the MetaTrader 4 and 5 trading platforms with a suite of additional trading features such as MetaTrader Master Edition, Autochartist and Trading Central. Users can also access a 24 hours a day trading desk from Sunday evening to Friday, as well as customer support in a variety of languages.
FAQ
Is Swissquote regulated?
Yes, by the Swiss Federal Financial Market Supervisory Authority (FINMA).
Where is Swissquote based?
Swissquote is based at Swissquote Bank SA, Chemin de la Crétaux 33, P.O. Box 319, 1196 Gland, Switzerland.
How does Swissquote make money?
Swissquote makes money mainly through spreads and swaps on certain tradable asset classes and commission on certain products and accounts.
How do I deposit in Swissquote account?
Funds can be deposited into a trading account via bank wire transfer, Visa or MasterCard.
What is the min. deposit for Swissquote?
The minimum deposit is USD 1,000.
How do I withdraw money from Swissquote?
Withdrawals can be made from Swissquote via bank wire transfer.
What is the max leverage in Swissquote?
The maximum leverage offered by Swissquote is 1:100.
How do I open an account with Swissquote?
An account can be opened at the click of a button on the Swissquote website and can be done in just a few steps.
Does Swissquote use MetaTrader?
Yes, MetaTrader 4 and 5.
Conclusion
“Through Swissquote Group Holding Ltd, which is listed on the SIX Swiss Exchange (SQN), Swissquote Bank offers users the ability to trade Forex, CFDs and Options on a variety of asset classes such as Currency pairs, FX Options, Metals, Indices, Commodities and Bonds on a variety of trading platforms including the bank’s own Advanced Trader platform and MetaTrader 4 and 5.”
Swissquote Group Holding Ltd is Switzerland’s leading provider of online financial and trading services and has been listed on the SIX Swiss Exchange (SQN) since May 2000, employing 662 staff. One its entities called Swissquote Bank Ltd holds a banking licence issued by the Swiss Federal Financial Market Supervisory Authority (FINMA) and offers four different types of trading accounts called Standard, Premium, Prime and Professional, with the first three accounts offering zero commissions. They also provide free demo trading accounts.
Through Swissquote Bank users trade on Currency pairs, FX options, Indices, Precious Metals, Commodities and Bonds via CFDs, as well as gain access to an eBanking portal with a personal Swiss IBAN account number. The bank also provides traders with a wide range of different trading platforms including their own award-winning trading platform called Advanced Trader for Web and Mobile, as well as MetaTrader 4 and 5 and a MetaTrader Master Edition. They also provide additional plugins and services from Autochartist and Trading Central.
The bank provides a wide range of educational resources including access to a video course library, webinars and market research in the form of Morning News, a Daily Market Brief and a Daily Technical Report. They also provide customer care in ten different languages in the form of Live Chat, Telephone, an Online Contact Form and Email.
- Commission-free trading available.
- Access to eBanking platform and personal Swiss IBAN number.
- Wide variety of markets including FX Options.
- Impressive Advanced Trader platform and additional trading tools for MetaTrader.
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