Swissquote Review: Is it a good broker? 2025
Autochartist on the Swissquote platform is a powerful tool designed to help traders find trading opportunities quickly and easily. 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. If you want to trade currency pairs on global Forex markets, Swissquote offer over 150 currency pairs. 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. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
- 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.
- Commodities trading is also available, encompassing energy products, precious metals, and soft commodities, offering diverse investment avenues.
- With high-risk leverage, a small sum controls a much bigger financial position.
- Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
- To further enhance security, we encourage traders to always look for the lock sign on their browser when using Swissquote web trading platforms.
- Of course, you can also transfer foreign currency balances directly to the corresponding clearing accounts in order to save on exchange fees.
BROKER SCORE
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. 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.
Tradable 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. In the trading world, brokers like Swissquote, have different minimum deposit requirements based on the target audience they are trying to attract.
It’s important for Swissquote traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Swissquote losses are limited to the funds available in your Swissquote account when negative balance protection is in place. 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.
To further enhance security, we encourage traders to always look for the lock sign on their browser when using Swissquote web trading platforms. While the application process remains digital, per industry standards, Swissquote includes a series of unnecessary steps to collect data on clients, including financial information. Since no verification of provided data is required, opening accounts is unnecessarily long. Their commitment to regulatory compliance and customer protection ensures that clients can trade with peace of mind. With positive Swissquote reviews on various platforms like Trustpilot, Swissquote has established itself as a reliable broker in the industry. Since its debt is not rated, it is difficulty to estimate the likelihood of default.
Popular Forex Reviews
Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Most of the assets though, are available only in Switzerland and Luxembourg with their banking and stock-brokerage service. Swissquote provides four unique managed portfolios in collaboration with Blackrock. A minimum deposit of $5,000 is required to access this service, with annual fees varying between 0.40% and 0.90%, depending on the portfolio’s overall value.
The payment method employed for funding your account might also incur a fee. Online investing with Swissquote can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial.If considering trading financial assets with Swissquote, evaluating the Swissquote platform is important. Evaluation includes researching the Swissquote management team, track record, and services. You must be diligent and thorough in your Swissquote review selection process to safeguard your hard-earned money.
It offers more than 80 technical indicators, plus an autochartist integration. Additionally, there are multiple advanced trading orders available, such as the OCO order, IF-DONE orders and IF-OCO orders. As of today, the amounts earned by Swissquote with withdrawal fees and similar services, and what’s the amount earned (or https://traderoom.info/is-swissquote-a-safe-brokerage-to-trade-through/ lost) by acting as a B-Book broker, are unknown. Spreads here start from 0.6 pips on forex (40% lower than the industry standard), but from 1.1 pips for Swiss traders (10% higher than the standard). The demo account offered by Swissquote expires after 30 days in which you can test the service.
Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. I like the trading environment at Swissquote for advanced traders who require a broad range of assets. The core trading environment at Swissquote is excellent, with 3,000,000+ trading instruments, upgraded MT4/MT5 trading platforms, competitive proprietary solutions, and FIX API for advanced algorithmic solutions.
If you don’t want to put together your own portfolio, Swissquote offers you three predefined investment strategies with Invest Easy (cautious, balanced and ambitious strategy). Once you have activated Invest Easy in the account overview after opening your account, you can choose a strategy and start with a minimum investment of CHF 500. Equities, bonds, property and commodities are used in all three strategies. The ambitious strategy also includes investments in cryptocurrencies.
CATEGORY: TIER 1 BROKER
With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment. 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.
This makes it easier for clients to contact the right Swissquote office, and helps Swissquote as well to tailor the answers for each client. Yes, you can earn dividends on Swissquote both when investing in Stock as CFDs and as real. Additionally, you can also trade Options and Futures with commissions from $2/contract on the EUREX, CME and ISE.
Swissquote aims to provide a 360 digital banking and investing service. Almost every product you can think of is available, plus some you didn’t know existed. The counterpart to this range of products is a tricky pricing structure which differs by account, country, asset holdings, currency and frequency of customer activity. If the goods in the window look attractive, you’ll need to pay close attention to the price tags. If you wish to purchase financial products that are traded in a foreign currency, you must exchange Swiss francs into the corresponding currency.