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Swissquote Review

FX Author By Jeffrey Cammack Author Information Updated: September 18, 2020
Overall Rating
3.60 3.60 / 5
Min. Deposit GBP 1000
Max. Leverage 400:1
Min. Spread 1.7 pips
Regulators FCA
Regulator Origin FCA
Trading Desk Type

Summary

Swissquote is part of a large banking group specialising in the provision of online financial and trading services. This broker targets experienced traders, or serious beginners, as minimum deposits are much higher than with other similar brokers; however, the trading conditions reflect what clients should expect from a professional brokerage.

Supporting both award-winning proprietary software, as well as the MetaTrader suite, and offering premium analytical tools to clients for free, Swissquote is a broker for those who take trading seriously.

Reviews

Regulation 11110
Trading Conditions 11110
Trading Platforms 11110.5
Deposit & Withdrawal 11100
Education & Research 11000
Assets Available 1110.50
Customer Service 11100
Beginner Friendly Standard
Bonuses
Our Review Process

Trading Conditions

Minimum Deposit GBP 1000
Base currencies CHF, EUR, USD
Number of FX Pairs 78
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD 1.7
GBP / USD 2
USD / JPY 1.6

Company Details

Company name Swissquote Group Holding Ltd
Founded 1996
Website en.swissquote.com
Type Market Maker
Regulators FCA
Office locations Switzerland, Hong Kong, United Arab Emirates

Deposit & Withdrawal Methods

Supported Platforms for Swissquote

Alert Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 1110.50 3.60 / 5 11110.5 4.43 / 5 11110.5 4.21 / 5
Minimum Deposit GBP 1000 GBP 5 GBP 100
Regulation
FCA FCA
FCA FCA
ASIC ASIC
DFSA DFSA
FCA FCA
CySEC CySEC
FSCA FSCA
DFSA DFSA
SCB SCB
Trading Desk Type
Trading Instruments Commodities, Cryptocurrencies, Forex, Equities, Bonds, Futures Commodities, Cryptocurrencies, Forex, Indicies, Metals, WTIs Forex, Indicies, Metals, Equities, Energies, Futures
Forex Pairs 78 80+ 70+
Crypto Pairs 5 1 5
Pros
  • Great platform choice
  • Wide range of assets
  • Low minimum deposit
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Well regulated
  • Great platform choice
  • Tight spreads
Cons
  • High minimum deposit
  • Limited education
  • Poor customer service
  • Poor customer service
  • Limited demo account
  • Limited education
Read Full Review Read Full Review
Regulation 11110 4 / 5 11110.5 4.5 / 5 11110 4 / 5
Trading Conditions 11110 4 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Trading Platforms 11110.5 4.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Deposit & Withdrawal 11100 3 / 5 11110.5 4.5 / 5 11111 5 / 5
Education & Research 11000 2 / 5 11110.5 4.5 / 5 11000 2 / 5
Assets Available 1110.50 3.5 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Customer Service 11100 3 / 5 11110 4 / 5 11110 4 / 5
% Lose with this broker 77% of retail investor accounts lose money when trading CFDs with this provider 67.7% of retail investor accounts lose money when trading CFDs with this provider 77% of retail investor accounts lose money when trading CFDs with this provider
Leverage 400:1 30:1 30:1
Spread 1.7 pips 0.1 pips 0.6 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • Standard (Professional)
  • MT4 Standard Account (Mini)
  • Islamic
Islamic Account Yes Yes Yes
Trading Platforms AdvancedTrader, MT4 , MT5 MT4 , MT5 cTrader , FxProEdge, MT4 , MT5
Funding Methods Bank Transfer, Visa, Mastercard, Unionpay Visa, Mastercard, Maestro, Skrill, Neteller, Bank Transfer Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Unionpay
Trading Commission Fees Included in Spread 7 USD / lot - PRO account 9 USD / lot - cTrader Account
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Swissquote

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Overall Rating 1110.50 3.60 / 5 11110.5 4.43 / 5 11110.5 4.21 / 5
Minimum Deposit GBP 1000 GBP 5 GBP 100
Regulation
FCA FCA
FCA FCA
ASIC ASIC
DFSA DFSA
FCA FCA
CySEC CySEC
FSCA FSCA
DFSA DFSA
SCB SCB
Trading Desk Type
Trading Instruments Commodities, Cryptocurrencies, Forex, Equities, Bonds, Futures Commodities, Cryptocurrencies, Forex, Indicies, Metals, WTIs Forex, Indicies, Metals, Equities, Energies, Futures
Forex Pairs 78 80+ 70+
Crypto Pairs 5 1 5
Pros
  • Great platform choice
  • Wide range of assets
  • Low minimum deposit
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Well regulated
  • Great platform choice
  • Tight spreads
Cons
  • High minimum deposit
  • Limited education
  • Poor customer service
  • Poor customer service
  • Limited demo account
  • Limited education
Read Full Review Read Full Review
Regulation 11110 4 / 5 11110.5 4.5 / 5 11110 4 / 5
Trading Conditions 11110 4 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Trading Platforms 11110.5 4.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Deposit & Withdrawal 11100 3 / 5 11110.5 4.5 / 5 11111 5 / 5
Education & Research 11000 2 / 5 11110.5 4.5 / 5 11000 2 / 5
Assets Available 1110.50 3.5 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Customer Service 11100 3 / 5 11110 4 / 5 11110 4 / 5
% Lose with this broker 77% of retail investor accounts lose money when trading CFDs with this provider 67.7% of retail investor accounts lose money when trading CFDs with this provider 77% of retail investor accounts lose money when trading CFDs with this provider
Leverage 400:1 30:1 30:1
Spread 1.7 pips 0.1 pips 0.6 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • Standard (Professional)
  • MT4 Standard Account (Mini)
  • Islamic
Islamic Account Yes Yes Yes
Trading Platforms AdvancedTrader, MT4 , MT5 MT4 , MT5 cTrader , FxProEdge, MT4 , MT5
Funding Methods Bank Transfer, Visa, Mastercard, Unionpay Visa, Mastercard, Maestro, Skrill, Neteller, Bank Transfer Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Unionpay
Trading Commission Fees Included in Spread 7 USD / lot - PRO account 9 USD / lot - cTrader Account
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Alert Most retail CFD accounts lose money. Your capital is at risk.

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