Swissquote 2024 Broker Review

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Introduction To Swissquote

In this Swissquote review, you’ll get an insider’s peek at their services, fees, and platform features. Whether you’re a seasoned trader or just starting out, understanding how Swissquote stacks up against the competition is key to making informed investment decisions.

Founded in 1996, Swissquote carved a niche for itself as a leader in the online financial services industry. It hails from the land of precision and reliability, Switzerland, and has since expanded its services internationally. The company went public in 2000, listing on the SIX Swiss Exchange which only added to its credibility and stature. Over the years, Swissquote has continuously adapted to the evolving financial landscape, introducing innovative tools and expanded services to empower traders like you.

Swissquote stands out as a beacon in the field of online trading. The broker offers a robust digital platform that enables you to trade a plethora of financial instruments, including: forex, commodities, cryptocurrencies, and more. There are three different types of trading accounts offered at Swissquote, which will fit any traders needs. Additionally Swissquote has great trading platform selection.

Combining Swissquotes long business history, and highly regulated status we believe this broker is a great choice for any forex or CFD trader.


Minimum Deposit

1.6 Pips

Spread markup starting from


Free Demo Account


Inactivity fee


In business since 1996

Great research and educational tools

Regulated by multiple tier-one jurisdictions


$10 withdrawal fee

Fees can be high for some trading instruments

Review Video:

Coming soon!

Swissquote Quick Facts

Country Headquarters


Instruments Offered

Forex, Metal, Stock Indices, Crypto

Base Account Currency


Minimum Deposit


Withdrawal Fee


Account Verification Time

1-2 Business Days

Deposit Options

Card and bank transfer

Accepts crypto deposit


Trading Platforms

Advanced Trader, MetaTrader 4, and MetaTrader 5

Demo Accounts


VPS Offered


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Swissquote Trading Accounts 4 / 5

Swissquote structures its account offerings to suit various trading styles and investment sizes. You have the option to select from:

  • Standard Accounts, ideal for casual traders looking for straightforward trading.
  • Premium Accounts, which offer lower spreads for more frequent traders.
  • Prime Accounts for high-volume traders demanding the lowest costs.

Each account type comes with a demo account feature, allowing you to practice your strategies without risking real money.

Commissions & Fees 4 / 5

Understanding the fee structure is critical when selecting a trading platform. With Swissquote, clear and competitive pricing adds to the allure for traders worldwide. Below, you’ll get insight into Swissquote’s various fee categories, helping you make an informed choice about whether it suits your trading style and investment strategies.

Trading Fees

When you engage in trading with Swissquote, you’re looking at a multi-tiered fee structure that depends on the kind of financial instruments you’re interested in. Equity traders, for instance, benefit from transparent commission rates that vary by market.

For those inclined towards the forex market, Swissquote offers spreads as tight as 1.7 pips for major currency pairs. This is particularly appealing if you’re focused on forex trading. Meanwhile, trading CFDs includes a spread cost which can fluctuate depending on market volatility.

If you’re into cryptocurrency trading, it’s important to note that Swissquote charges a mark-up on the spread, but you won’t face the burden of handling cryptocurrency wallets or cyber threats.

Here’s a quick rundown on trading fees:

  • Stocks & ETFs: set commissions based on the exchange
  • Forex: competitive spreads starting from 1.7 pips
  • Cryptocurrencies: mark-up on the usual spread

Other Swissquote Fees

Swissquote maintains a $0 account maintenance fee, which is a huge plus for traders who are concerned about hidden costs eating into their profits. However, it’s worth noting that there could be inactivity fees if your account remains dormant over a certain period. It’s essential to stay active or consult the terms to avoid these fees.

For premium services such as access to enhanced trading tools or professional market analysis, there may be additional costs. Always check the latest fee schedule provided by Swissquote for such extras.

Deposit and withdrawal 3.5 / 5

Funding your Swissquote account is straightforward and comes with varying fees depending on the chosen method. Bank wire transfers are typically offered free of charge on the Swissquote side, but your bank might impose its fees.

Credit and debit card transactions attract a fee which can be a percentage of the transferred amount. It’s always prudent to compare the costs associated with different deposit methods to minimize fees.

For withdrawals, Swissquote charges a flat fee contingent upon the currency and the amount. Most traders find these fees manageable and in line with what’s expected from a leading brokerage.

Before making any deposit or withdrawal, check the most current fee structure. Fees can change, and staying updated ensures you don’t encounter unexpected costs.

Deposit MethodTypical Fee
Bank Wire TransferFree
Credit/Debit CardPercentage
Withdrawal AmountFee
StandardFlat Fee

Familiarizing yourself with Swissquote’s fees and pricing is key to effective trading. Always consider how these charges align with your investment strategy and transaction frequency. Remember, the more you know about the fees, the better equipped you’ll be to manage your trading costs efficiently.

Trading Platforms 4 / 5

Customer Support 5 / 5

Other 4 / 5

  • Free demo account (live account not required)
  • Educational content and videos
  • Trading ideas and market analysis

Pros and Cons of Swissquote

Pros of Swissquote

As you explore the offerings of Swissquote, you’ll find numerous advantages that contribute to its strong reputation in the online trading community. Extensive Range of Markets: With Swissquote, you gain access to a plethora of financial instruments. This includes equities, ETFs, options, futures, and a range of forex pairs and CFDs, allowing for a diversified investment approach.

Robust Trading Platforms: Swissquote boasts a selection of user-friendly platforms, including the popular MetaTrader suite and their proprietary Advanced Trader, each designed to cater to different trading styles and preferences.

Banking Services Integration: As a licensed bank, Swissquote offers integrated services combining trading and banking, which streamlines processes like funding and withdrawal, enhancing convenience and security.

High-Quality Research and Tools: The platform is replete with top-notch analytical tools, real-time data, and market research to support your trading decisions.

Dedicated Customer Support: Swissquote’s commitment to customer satisfaction is seen in its multilingual support team, available to assist you with any queries or issues.

Cons of Swissquote

However, it’s also crucial for you to be aware of the downsides to ensure a balanced view. Higher Trading Costs: Compared to other brokers, Swissquote’s fee structure can be higher. It’s essential to weigh these potential costs against the services provided.

Complex Fee Structure: Understanding the full extent of Swissquote’s fees requires a thorough examination, as costs can vary significantly based on the instruments traded and the platform used.

Minimum Deposit Requirements: The necessity for a minimum deposit to open an account may be a hurdle for some, particularly for beginners or those looking to start with smaller amounts.

Limited Educational Resources for Beginners: While Swissquote offers educational tools, the depth and breadth may not sufficiently cater to new traders who are just getting their feet wet in the complex world of online trading.

Frequently Asked Questions

Can you trade crypto with Swissquote?

Yes, Swissquote allows the trading of cryptocurrencies alongside other financial instruments such as stocks, bonds, forex, and commodities.

What is Swissquote’s minimum deposit

There is no deposit requirement to open a trading account with Swissquote

Is Swissquote regulated?

Swissquote is regulated by multiple tier-one jurisdictions, including: FINMA, CSSF, FCA, DFSA, SFC, MAS, MFSA

What is Swissquote?

Swissquote is an online trading platform that offers a broad spectrum of financial instruments such as stocks, bonds, forex, commodities, and cryptocurrencies. It caters to both novice and seasoned traders with various trading platforms, research tools, banking services, and customer support.

About ForexBrokerTalk

ForexBrokerTalk is a free service which helps both new and experienced traders find the best forex broker for their needs. As an impartial party we have reviewed more than 50 different forex brokers, with new brokers being added everyday. Additionally we offer a free newsletter to keep traders up to date on the latest in forex broker news, promotions, and more! Have any questions? Click here to contact us and we’ll be happy to help.

4.2 / 5

ForexBrokerTalk Final Score

Swissquote is a great broker option for most traders, especially those located in Switzerland. The broker has a clean long standing track record and is highly regulated.