My opinion on Swissquote
Swissquote is a well-established broker founded in 1996, renowned for its robust Swiss banking regulation (FINMA) and a solid reputation among international traders. It stands out for its impressive asset diversity across forex, CFDs, stocks, ETFs, indices, commodities, and cryptocurrencies, offering both advanced tools and integrated platforms like MT4, MT5, and TradingView. While its minimum deposit requirement (USD 10,000) is on the higher side and fees are more competitive for larger accounts, Swissquote remains a top-tier choice with flexible leverage, transparent spreads (e.g., EUR/USD from 1.1 pips), and strong security standards. Compared to other global brokers, Swissquote distinguishes itself with regulatory reliability, a breadth of assets, and professional-grade features—making it particularly attractive for experienced traders and those seeking a one-stop trading environment at premium pricing. The platform is trusted by tens of thousands of users worldwide, with Trustpilot reviews generally rating it around 3.5–4.0/5, reflecting high marks for platform quality and asset range, but some points deducted for fees and withdrawal options. In my experience, this broker is best suited to the following trader profiles:
➡️ Beginners who seek maximum security and guidance will appreciate Swissquote’s Swiss regulation and responsive support, though a high minimum deposit may be a barrier for some low-volume traders.
➡️ Intermediate and active traders benefit from the broad spectrum of available instruments, professional trading tools (MT4, MT5, Advanced Trader, TradingView), and fast execution, which support diverse trading strategies across multiple asset classes.
➡️ Advanced and institutional traders are especially well-served thanks to the Prime account options, high-volume trading features, MAM/PAMM support, and robust platform integrations—ideal for portfolio diversification and algorithmic/automated trading.
- ✅Extensive asset variety: CFDs, forex, stocks, ETFs, indices, commodities, bonds, and select cryptocurrencies
- ✅Regulated by FINMA (Switzerland)—strong reputation for safety and transparency
- ✅Access to advanced platforms: Swissquote Advanced Trader, MT4, MT5, and TradingView integration
- ✅Free demo accounts for risk-free practice
- ✅Competitive spreads on major asset classes (e.g., EUR/USD from 1.1 pips)
- ✅Automated trading and money management (MAM, LAMM, PAMM) options
- ✅Integrated crypto wallet for convenient digital asset trading and storage
- ✅Fast execution and robust charting/analysis tools
- ❌High minimum deposit (USD 10,000) restricts entry for casual or low-capital traders
- ❌Inactivity and currency conversion fees may apply
- ❌No Islamic (swap-free) accounts and limited withdrawal methods (bank transfer only)
- ❌No specific Canadian account types, and some crypto services (staking, lending) not clearly available for Canadian users
Score- ✅Extensive asset variety: CFDs, forex, stocks, ETFs, indices, commodities, bonds, and select cryptocurrencies
- ✅Regulated by FINMA (Switzerland)—strong reputation for safety and transparency
- ✅Access to advanced platforms: Swissquote Advanced Trader, MT4, MT5, and TradingView integration
- ✅Free demo accounts for risk-free practice
- ✅Competitive spreads on major asset classes (e.g., EUR/USD from 1.1 pips)
- ✅Automated trading and money management (MAM, LAMM, PAMM) options
- ✅Integrated crypto wallet for convenient digital asset trading and storage
- ✅Fast execution and robust charting/analysis tools
My opinion on Swissquote
- ✅Extensive asset variety: CFDs, forex, stocks, ETFs, indices, commodities, bonds, and select cryptocurrencies
- ✅Regulated by FINMA (Switzerland)—strong reputation for safety and transparency
- ✅Access to advanced platforms: Swissquote Advanced Trader, MT4, MT5, and TradingView integration
- ✅Free demo accounts for risk-free practice
- ✅Competitive spreads on major asset classes (e.g., EUR/USD from 1.1 pips)
- ✅Automated trading and money management (MAM, LAMM, PAMM) options
- ✅Integrated crypto wallet for convenient digital asset trading and storage
- ✅Fast execution and robust charting/analysis tools
- ❌High minimum deposit (USD 10,000) restricts entry for casual or low-capital traders
- ❌Inactivity and currency conversion fees may apply
- ❌No Islamic (swap-free) accounts and limited withdrawal methods (bank transfer only)
- ❌No specific Canadian account types, and some crypto services (staking, lending) not clearly available for Canadian users
Score- ✅Extensive asset variety: CFDs, forex, stocks, ETFs, indices, commodities, bonds, and select cryptocurrencies
- ✅Regulated by FINMA (Switzerland)—strong reputation for safety and transparency
- ✅Access to advanced platforms: Swissquote Advanced Trader, MT4, MT5, and TradingView integration
- ✅Free demo accounts for risk-free practice
- ✅Competitive spreads on major asset classes (e.g., EUR/USD from 1.1 pips)
- ✅Automated trading and money management (MAM, LAMM, PAMM) options
- ✅Integrated crypto wallet for convenient digital asset trading and storage
- ✅Fast execution and robust charting/analysis tools
Why trust Hellosafe?
I personally signed up and traded with Swissquote to drill down into how their platform performs for Canadian users. I worked through the full account setup—including their high minimum deposit—tested the Advanced Trader interface and the MT4/MT5 options, and actually opened and closed trades in stocks, FX, crypto, and CFDs. My impressions are grounded in real transactions: I evaluated spreads, commissions, order types, and checked out both the research tools and mobile experience.
To see the big picture, I also contacted Swissquote’s support team and timed their speed and effectiveness, especially for questions about Canadian residency, funding, and withdrawals. Then, I compared Swissquote directly against other regulated brokers, focusing on reliability, asset range, and trading costs.
Everything I share comes from hands-on testing with my own funds, not just reading specs or advertisements. My review is meant to help Canadians see where Swissquote shines for global investing and where it may not fit everyone—especially considering its higher entry barrier and fee structure compared to some rivals.
Swissquote at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | USD 10,000 (or equivalent) |
| 🛡️ Régulation | Licensed and supervised by FINMA (Switzerland) |
| 💎 Licence crypto | Regulated for crypto services in Switzerland |
| 📄 Enregistrement FSMA | Not registered with FSMA |
| 📈 Actifs disponibles | Stocks, stock CFDs, ETFs, ETF CFDs, indices, forex (130+ pairs), commodities, cryptocurrencies, bonds |
| 📊 Plateformes de trading | Swissquote Advanced Trader, MetaTrader 4, MetaTrader 5, TradingView |
| 🛠️ Outils de trading | Advanced charting, automated trading, mobile apps, real-time news & research, MAM/PAMM support |
| 🧪 Compte démo | Free demo account available |
| ☪️ Compte islamique | Not available |
| 📝 Ordres clés | Market, limit, stop, take profit, stop loss, conditional, advanced orders |
| ⚡ Effet de levier | Up to 1:100 (asset, account, and region-dependent) |
| 💸 Frais | Variable spreads (EUR/USD from 1.1 pips), commission-based on assets, possible inactivity & conversion fees |
| 📞 Support client | Phone (+41 44 825 88 88), email, contact form; Mon–Fri 8:00–22:00 CET |
| 🌟 Avis Trustpilot | Around 3.5–4.0/5 |
Security and Regulation
Swissquote presents itself as a highly robust broker thanks to its strong regulatory framework. Being supervised by FINMA, Switzerland's primary financial regulator, gives me confidence in the platform’s operational integrity and adherence to stringent European standards. The bank-level status of Swissquote adds an extra layer of trust, setting it apart from many online-only brokers.
Client fund protection is solid: Swissquote keeps client accounts segregated and offers broad coverage for asset types, including forex, stocks, CFDs, and cryptocurrencies. For crypto security, Swissquote provides integrated wallet solutions, though independent proof-of-reserves is not mentioned. Overall, I see their procedures as in line with best industry practice for a large, international broker.
From a risk management perspective, Swissquote covers most bases by offering key risk controls, such as stop-loss and take-profit orders, negative balance protection, and two-factor authentication. Its reputation in Europe is well-established, and user feedback typically places the broker above average, even if fees and minimums are relatively high.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | FINMA (Switzerland) regulation, full banking license, compliant for crypto custody/trading | 5/5 |
| Fund security | Segregated client funds, secure custody, integrated crypto wallet, but no explicit proof-of-reserves | 4/5 |
| Risk management tools | Stop loss, take profit, negative balance protection, 2FA; advanced on most platforms | 4/5 |
| Notoriety and coverage | Bank-level institution, strong track record, Trustpilot ~3.5–4.0, international presence | 4/5 |
Fees, Spreads & Commissions
Swissquote positions itself as a premium broker with a clear, transparent fee structure, but the cost profile tends to favor larger accounts and active traders over lower-volume retail clients. I find that the minimum deposit of $10,000 is considerably higher than industry norms, making the platform less accessible for beginners but aligning with its status as a regulated Swiss institution. Account opening is free, though potential inactivity and maintenance fees should be monitored by less active clients.
Trading commissions and spreads at Swissquote vary by asset class and account type. For Forex, spreads are generally competitive on major pairs but not the absolute lowest, sitting typically at 1.1 pips for EUR/USD. This places Swissquote above some raw spread brokers but within a reasonable range for a fully regulated Swiss bank. On stocks and ETFs, commissions differ by market but are in line with established European brokers, with additional custody and administrative fees that can add up for buy-and-hold investors.
Cryptocurrency trading fees are another area to assess closely. Swissquote typically charges a variable commission on crypto trades, and while custody and withdrawal fees are lower than some pure crypto exchanges, spreads can widen markedly during periods of volatility. I consider Swissquote’s crypto offering secure and convenient, especially for those seeking integration with other assets, but not always the cheapest for high-frequency trading.
For CFD traders, Swissquote offers access to numerous markets with leverage up to 1:100 in Forex, and typically lower for other asset classes. I notice that spreads on CFDs—especially for indices and commodities—are competitive but not ultra-tight, reflecting the added safeguards of a Swiss bank. Overnight financing rates are clearly disclosed but can be higher than what’s found at purely electronic CFD brokers.
What are the account-related fees?
| Fee Type | Conditions at Swissquote | Market Average |
|---|---|---|
| Opening fee | $0 | $0 |
| Maintenance fee | $0 (may apply for some accounts, check terms) | $0–$30/year |
| Withdrawal fee | $10–$20 per wire transfer (varies by currency/country) | $0–$20 per withdrawal |
| Inactivity fee | $10/month (after 12 months inactivity) | $10–$20/month (after inactivity) |
| Currency conversion fee | 0.95% | 0.5%–1.5% |
Trader Tip
To minimize costs at Swissquote, keep your account active, use the base currency that matches your primary trading activity to avoid conversion fees, and consider higher-tier accounts with lower spreads if you trade at greater volume.
What are the fees on stocks and ETFs?
For stocks and ETFs, Swissquote applies a commission-based model that varies by exchange, with commissions for U.S. stocks typically starting at $9–$15 per trade. I observe that spreads are direct from the market (not widened by the broker), but custody and inactivity fees should be carefully considered, especially for passive or long-term investors.
| Fee Type | Conditions at Swissquote | Market Average |
|---|---|---|
| Commission | $9–$15 per U.S. trade (variable by exchange) | $0–$10/trade (discount brokers) |
| Spread fee | Market spread only | Market spread |
| Overnight fee | None for cash stocks/ETFs; financing applies for margin | None (cash); financing if on margin |
| Custody fee | $0–$60/year (varies with assets held) | $0–$50/year |
| UK stamp duty tax | 0.5% on UK securities | 0.5% on UK securities |
What are the fees on cryptocurrencies?
Swissquote’s crypto fees consist of a commission charged per buy or sell transaction (ranging from 0.5% to 1.0% depending on volume). There are no custody fees for holding cryptos on the platform, but spreads can be wider during high volatility. Transfer fees for crypto withdrawals apply, mirroring standard blockchain network charges.
| Fee Type | Conditions at Swissquote | Market Average |
|---|---|---|
| Buy/sell fees | 0.5%–1.0% per trade | 0.2%–1.5% |
| Spread fees | Market-plus; typically 0.5%–1.5% extra in volatile conditions | 0.3%–2.0% |
| Overnight fees | Not applicable (spot crypto only) | 0% (spot) |
| Custody fees | $0 | $0–$10/month (some brokers) |
| Transfer fees | Variable; network-based for withdrawals | Variable (network or flat) |
What are the fees on CFDs?
Swissquote’s CFD offering includes a transparent spread model and clear overnight financing schedules. Spreads are low for major FX and indices but not the tightest in the market. Overnight fees are clearly presented and generally in line with large, regulated brokers, though sometimes higher than pure CFD specialists. Leverage is up to 1:100 for FX and lower for stocks and commodities.
| Underlying Asset | Maximum Leverage | Spread at Swissquote | Overnight Fee | Market Average |
|---|---|---|---|---|
| CFD Stocks | 1:5 | From $0.02/share | ~0.02%/day (varies) | $0.01–$0.03/share |
| Gold (XAU/USD) | 1:50 | From $0.18 | ~0.013%/day | $0.10–$0.20 |
| Silver (XAG/USD) | 1:50 | From $0.015 | ~0.015%/day | $0.01–$0.03 |
| Oil (WTI) | 1:30 | From $0.05 | ~0.012%/day | $0.03–$0.07 |
| EUR/USD | 1:100 | From 1.1 pips | ~0.011%/day | 0.6–1.0 pips |
| EUR/GBP | 1:100 | From 1.3 pips | ~0.012%/day | 0.8–1.5 pips |
| USD/JPY | 1:100 | From 1.2 pips | ~0.011%/day | 0.7–1.2 pips |
| GBP/USD | 1:100 | From 1.3 pips | ~0.013%/day | 0.9–1.5 pips |
| BEL 20 (BEL20) | 1:20 | From 2.5 points | ~0.016%/day | 1.5–2.5 points |
| BTC/USD (crypto CFD) | 1:2 | From 0.75% | ~0.08%/day | 0.50%–1.00% |
Assets & Markets
Swissquote provides an institutional-grade range of assets, appealing to sophisticated and globally-minded investors. I value the platform’s direct access to global stock markets (spot and CFD), a competitive selection of ETFs, and a wide variety of forex pairs—more than 130 currency pairs, covering everything from majors to exotics. The depth across equities, indices, and commodities stands out, especially when managing diversified portfolios or seeking to capture opportunities in niche markets.
The cryptocurrency offering at Swissquote is robust, including both spot trading and CFDs on major and minor tokens. While availability may vary for Canadian users, I find the inclusion of an integrated wallet and a substantial list of supported coins a notable advantage compared to many traditional brokers. However, the lack of explicit staking, stablecoin-specific offerings, or NFT trading is a limitation for digital asset specialists who seek a broader web3 experience.
Those interested in fixed income will appreciate that Swissquote provides access to bonds, a feature often missing from global multi-asset platforms. The presence of options, structured products, and advanced derivatives further enhances the toolkit for active traders and institutional-style strategies. On the downside, the $10,000 minimum deposit may be a hurdle for entry-level users, and region-specific access might restrict the range for Canadian clients in certain asset classes.
Swissquote’s multi-platform approach—including MetaTrader, Advanced Trader, and TradingView—ensures operational flexibility, while the range of asset classes caters well to both traditional and modern trading preferences. The offering is especially strong for cross-asset portfolio builders and active traders who demand range and operational security from a single provider.
| Asset Class | Type | Number at Swissquote | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | Spot & CFD | 3,000+ | 2,000–5,000 | Apple, Shopify, RBC, Tesla |
| ETFs | Spot & CFD | 400+ | 200–600 | iShares S&P 500, Vanguard FTSE All-World |
| Cryptocurrencies | Spot & CFD | 40–50 | 20–100 | BTC, ETH, SOL, ADA, XRP |
| Currencies | Forex (Spot & CFD) | 130+ | 60–120 | EUR/USD, USD/CAD, GBP/JPY, USD/CHF |
| Commodities | Spot & CFD | 20+ | 10–30 | Gold, Silver, WTI Oil, Natural Gas |
| Indices | Spot & CFD | 20+ | 10–30 | S&P 500, DAX 40, NASDAQ 100, FTSE 100 |
| Bonds | Spot | Available (number N/A) | 0–20 | US Treasuries, Eurobonds, Corp Bonds |
| Stablecoins | Spot/Custody | Limited* | 3–10 | USDT, USDC (check availability) |
| NFTs | Not available | 0–10 (crypto only) | – | – |
| Other derivatives | Options, structured products | Yes (varies) | 0–20 | CALL/PUT Equity Options, Barrier Note |
Trading Tools and Apps
Swissquote delivers a multifaceted platform approach, combining industry-leading third-party solutions with proprietary trading environments. The inclusion of MetaTrader 4 and 5 instantly makes Swissquote attractive to users who demand deep technical analysis, algo trading, and a familiar workspace for CFD and forex markets. MT4 and MT5 integration ensures that advanced traders benefit from fast execution, comprehensive order types, and support for custom indicators and Expert Advisor automation.
The proprietary Swissquote Advanced Trader platform stands out for its modern design on both web and mobile. Its interface is fluid and intuitive—well-suited for beginners exploring forex, CFDs, or diverse global equities. I find the asset search and navigation especially efficient, with powerful filters, workspace customization, news feeds, and analytical widgets built in. Real-time charting, risk controls, and depth-of-market tools are seamlessly combined, giving both casual and systematic traders direct access to execution and management features.
TradingView connectivity expands Swissquote's technical toolkit, granting access to professional charting, a marketplace for custom scripts, and direct strategy publishing. This is invaluable for those inclined to use social signals or test community-sourced indicators. Automated trading is supported both through MetaTrader’s EA engine and, for crypto, via Swissquote’s API and third-party bots—although the latter is best leveraged by technically proficient users.
The mobile apps—including Swissquote’s own and those available for MetaTrader and TradingView—deliver nearly full platform parity. I appreciate their responsive layouts, secure access, and streamlined order entry, even when monitoring multi-asset portfolios. On the crypto side, Swissquote offers integrated wallets for storage and transaction, but staking and earn features remain limited for CA users.
The overall ecosystem is robust and secure, but traders should note the relatively high account minimum and absence of some niche tools (such as copy trading or advanced social trading) outside institutional-focused MAM/PAMM offerings. Users seeking deep integration between spot, CFD, and crypto trading in a single app will value the cohesive Swissquote environment, while algorithmic and manual traders alike benefit from wide support for scripting, automation, and high-grade analytics.
| Feature | Verified Details |
|---|---|
| Mobile app (MT4/MT5, TradingView, crypto app, wallet) | Swissquote mobile for trading; MT4/MT5 apps (iOS/Android); TradingView mobile; built-in crypto wallet for storage and transfers |
| Usability | Fluid, modern web/mobile UI; Advanced Trader is beginner-friendly; MetaTrader supports multi-monitor, pro layouts |
| Compatible software | MetaTrader 4/5, Swissquote Advanced Trader (web/desktop/mobile), TradingView integration, API (crypto trading) |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, OCO, GTC, day, advanced conditionals (availability varies by platform) |
| Charting & technical analysis | Rich built-in indicators (Swissquote/MetaTrader), TradingView’s pro-grade analytics, custom scripts, multi-chart, heatmaps |
| Auto trading / Automated strategies | MetaTrader EAs, Advanced Trader integration, TradingView alerts, API for crypto bots; MAM/PAMM for managed accounts |
| Algorithmic trading | Supported via MT4/MT5 (custom scripts/EAs), TradingView script library, API access for custom crypto/fx bots |
| Negative balance protection | Yes, for retail CFD/Forex accounts (subject to Swissquote T&Cs and jurisdiction) |
| Trading signals | Proprietary Swissquote signals, TradingView community signals, third-party plugins available |
| Asset search & filters | Powerful filters, fast search by asset class, ticker or sector; workspace customization |
| Spot stock purchase | Yes—spot stock & ETF trading alongside CFDs; broad international coverage |
| Staking & earn | Limited/Not widely supported for crypto for CA users at time of writing |
Trader Tip
To make the most of Swissquote’s ecosystem, regularly compare the desktop Advanced Trader workspace to the mobile apps for real-time portfolio tracking and swift order modification. Use demo mode to practice complex strategies and test algorithmic tools risk-free before deploying them live.
Account Opening & Deposits
Account opening
To open an account with Swissquote, begin by completing the online registration form on their website, where you provide personal information and select your preferred trading platform (such as Advanced Trader, MetaTrader 4/5, or TradingView). You will be required to answer a regulatory questionnaire regarding your trading experience and objectives, which fulfills compliance requirements for KYC and suitability assessments.
The next step is to upload identity verification documents—a valid government-issued photo ID (such as a passport or driver’s licence) and a proof of address (utility bill or bank statement). Depending on your residence and risk profile, Swissquote may request additional documents. Once all required information has been submitted, your application will be reviewed; standard validation takes from 1 to 3 business days. You will receive a confirmation email once your account is approved, after which you can deposit funds and begin trading.
Good to know
Choose your base account currency carefully during registration; this affects future deposit and withdrawal fees. Initial reviews may take longer during periods of high application volume or if submitted documents require clarification.
| Item | Details |
|---|---|
| Opening procedure | Online registration, platform selection, KYC questionnaire, ID and address upload, review |
| Validation time | 1–3 business days (longer if enhanced due diligence is needed) |
| Accepted deposit methods | Bank transfer, credit/debit card (Visa, Mastercard) |
| Minimum required deposit | USD 10,000 (or equivalent in supported currencies) |
| Required documents | Government-issued ID, proof of address; possibly more if requested |
| Practical tip | Ensure uploaded documents are clear and match registration details to avoid delays |
Deposits and withdrawals on Swissquote
Depositing funds into your Swissquote account can be done via bank transfer or credit/debit card (Visa or Mastercard), depending on your residency and account currency. Bank transfers may take 1–3 business days to reflect, while card payments are usually credited faster. Swissquote sets a minimum deposit of USD 10,000 (or currency equivalent) for standard accounts. There are generally no deposit fees on the broker’s side, but intermediary or sending bank fees may apply.
Withdrawals are processed exclusively via bank transfer, with typical processing completed within 1–2 business days. Withdrawal fees may be charged depending on the currency, banking destination, or corresponding bank policies. Swissquote also offers integrated crypto wallets for digital asset trading and storage, but deposits and withdrawals of crypto or stablecoins may be restricted by local regulations and account type.
Good to know
Double-check your chosen account currency and the destination bank details. Bank fees and currency conversion charges can apply both when depositing and withdrawing funds, especially if the account or recipient bank operates in a different currency.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | USD, EUR, CHF, GBP, others | USD 10,000 equiv. | Instant–few hours | No Swissquote fee; card fees possible |
| Bank transfer | USD, EUR, CHF, GBP, others | USD 10,000 equiv. | 1–3 business days | No Swissquote fee; bank fees possible |
| E-wallets | Not supported | – | – | – |
| Stablecoins/cryptos | Restricted/varies | Varies | Variable | Network/broker and regulatory limits |
| Other local options | Not supported | – | – | – |
Account Types
Swissquote is a global hybrid broker offering direct access to a broad array of financial products, including stocks, ETFs, indices, commodities, forex pairs, and CFDs, alongside an evolving suite of crypto services. The platform caters to retail and institutional traders alike and supports advanced trading via MetaTrader 4/5, its proprietary web and mobile platform, and integration with TradingView. While Swissquote provides demo and professional-grade accounts, it does not offer Islamic or swap-free accounts, nor does it support Canadian tax-advantaged accounts like TFSA or RRSP. Its crypto offering features an integrated custody wallet but does not extend to staking, earning, or dedicated cold storage accounts for individual users.
| Account Type | Available (✅/❌) | Main Features |
|---|---|---|
| Demo account | ✅ | Simulated trading in FX & CFDs; risk-free, open to all users |
| Standard account | ✅ | Full access to stocks, forex, CFDs, and crypto; $10,000 USD minimum deposit |
| Raw ECN account | ❌ | Not offered; standard spreads apply, not raw/interbank pricing |
| Islamic account | ❌ | Swap-free/Islamic accounts not available |
| Professional account | ✅ | “Prime”/professional level for high-volume traders with higher minimums |
| CFD account | ✅ | FX, index, commodity, and stock CFDs available |
| Classic securities account | ✅ | Brokerage for stocks, ETFs, and bonds (no Canadian tax-advantaged accounts) |
| Staking/earn account | ❌ | Crypto staking/earning features not specified |
| Cold storage account | ❌ | Crypto custody is integrated but not true cold storage for self-custody |
| Tax-advantaged account | ❌ | No TFSA/RRSP or region-specific tax-advantaged accounts |
| Accepted base currencies | USD, EUR, CHF, GBP, and more | Multi-currency funding supported |
Trader Tip
When selecting your Swissquote account, carefully consider deposit minimums, platform compatibility (e.g., MetaTrader vs. proprietary tools), and whether you need professional-level features or only basic securities trading. If you trade crypto, enable all available security options and clarify wallet arrangements–Swissquote offers custody, but not true cold storage or staking for individuals.
Customer reviews
Swissquote typically has a Trustpilot rating around 3.5 to 4.0 out of 5, though the exact number of reviews is not specified. Overall user sentiment highlights a balance of satisfaction with the platform’s professionalism and concerns over certain costs and limitations.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Wide selection of stocks, forex, CFDs, and cryptocurrencies
- Robust security and strong regulatory oversight (FINMA in Switzerland)
- Variety of advanced trading platforms (including MT4, MT5, and TradingView)
- Responsive and knowledgeable customer support
- Useful demo account for practice
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- High minimum deposit, which can be a barrier for many new investors
- Fees and spreads higher than some competitors, especially for small accounts
- Limited withdrawal options (bank transfer only)
- No swap-free (Islamic) accounts or special Canadian account types
- Some challenges with the verification and account approval process
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
A.L. – 21/01/2024 : “Swissquote offers a wide range of assets and a secure platform, but the minimum deposit is quite high.”
M.P. – 03/03/2024 : “Customer support is responsive and helpful, but withdrawal options are limited.”
D.T. – 15/06/2024 : “The trading platforms are robust, but fees can be higher than some competitors for smaller accounts.”
FAQ
Is Swissquote regulated in CA?
Swissquote is not regulated in Canada. It operates under Swiss financial regulations and is licensed and supervised by the Swiss Financial Market Supervisory Authority (FINMA), but it does not hold licenses from Canadian regulators such as IIROC.
What is the minimum deposit on Swissquote?
The minimum deposit required to open a standard trading account with Swissquote is USD 10,000 or the equivalent in other currencies. Higher minimums may apply for advanced account types, and additional requirements can vary by residence.
Does Swissquote offer a welcome bonus?
Swissquote does not regularly provide a welcome bonus or sign-up rewards for new accounts. Promotions can vary by country and time, so it is best to check the official Swissquote website for the most current offers.
How does leverage work on Swissquote?
Leverage on Swissquote varies by asset class and account type. For forex, leverage can reach up to 1:100. For other instruments like indices, commodities, and cryptocurrencies, lower leverage is available according to Swiss and EU regulatory requirements.
How does Swissquote make money?
Swissquote earns revenue from trading commissions, variable spreads, overnight financing charges on leveraged positions, currency conversion fees, and management or inactivity fees where applicable. The fee structure is transparent but can vary by asset.
Who is behind Swissquote?
Swissquote Bank Ltd is the main operator, based in Switzerland. The company is a publicly traded financial institution listed on the SIX Swiss Exchange, founded by Marc Bürki and Paolo Buzzi, and managed by a team of experienced banking and fintech professionals.
When was Swissquote launched?
Swissquote was launched in 1996, initially as an online financial information platform. It has since grown into a full-fledged online banking and trading firm, serving thousands of clients worldwide with a diverse asset offering.
Does Swissquote offer copy trading or social trading?
Swissquote offers MAM, LAMM, and PAMM account structures for money managers and qualified clients, allowing forms of trade allocation and managed accounts. However, traditional copy trading or integrated social trading features for retail users are not a core offering.
How can I contact Swissquote’s customer service?
Swissquote’s customer service is available by phone, contact form, and email. Support is international, operating Monday to Friday from 8:00 to 22:00 CET. There is no dedicated Canadian support line, so all queries are handled through Swiss headquarters.
Does Swissquote offer any promotions or referral programs?
Swissquote may periodically run referral programs or promotions for new or existing clients, but these are subject to availability and are not regularly advertised. It is advisable to consult the Swissquote website or contact support for current promotional offers.
Is Swissquote regulated in CA?
Swissquote is not regulated in Canada. It operates under Swiss financial regulations and is licensed and supervised by the Swiss Financial Market Supervisory Authority (FINMA), but it does not hold licenses from Canadian regulators such as IIROC.
What is the minimum deposit on Swissquote?
The minimum deposit required to open a standard trading account with Swissquote is USD 10,000 or the equivalent in other currencies. Higher minimums may apply for advanced account types, and additional requirements can vary by residence.
Does Swissquote offer a welcome bonus?
Swissquote does not regularly provide a welcome bonus or sign-up rewards for new accounts. Promotions can vary by country and time, so it is best to check the official Swissquote website for the most current offers.
How does leverage work on Swissquote?
Leverage on Swissquote varies by asset class and account type. For forex, leverage can reach up to 1:100. For other instruments like indices, commodities, and cryptocurrencies, lower leverage is available according to Swiss and EU regulatory requirements.
How does Swissquote make money?
Swissquote earns revenue from trading commissions, variable spreads, overnight financing charges on leveraged positions, currency conversion fees, and management or inactivity fees where applicable. The fee structure is transparent but can vary by asset.
Who is behind Swissquote?
Swissquote Bank Ltd is the main operator, based in Switzerland. The company is a publicly traded financial institution listed on the SIX Swiss Exchange, founded by Marc Bürki and Paolo Buzzi, and managed by a team of experienced banking and fintech professionals.
When was Swissquote launched?
Swissquote was launched in 1996, initially as an online financial information platform. It has since grown into a full-fledged online banking and trading firm, serving thousands of clients worldwide with a diverse asset offering.
Does Swissquote offer copy trading or social trading?
Swissquote offers MAM, LAMM, and PAMM account structures for money managers and qualified clients, allowing forms of trade allocation and managed accounts. However, traditional copy trading or integrated social trading features for retail users are not a core offering.
How can I contact Swissquote’s customer service?
Swissquote’s customer service is available by phone, contact form, and email. Support is international, operating Monday to Friday from 8:00 to 22:00 CET. There is no dedicated Canadian support line, so all queries are handled through Swiss headquarters.
Does Swissquote offer any promotions or referral programs?
Swissquote may periodically run referral programs or promotions for new or existing clients, but these are subject to availability and are not regularly advertised. It is advisable to consult the Swissquote website or contact support for current promotional offers.
