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Swissquote reviews

Swissquote_logo Swissquote 7/10 (votes 10833)

On-line since: 2000
Country of origin: Switzerland
Regulation: FINMA
Payment options: Bank wire and PayPal
Minimum account size: $2000
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: from 1.4 pips

Swissquote Bank is one of the leading Forex brokers in Europe. The company’s headquarters are located in Switzerland. Swissquote also has representative offices in the UAE, Malta, Great Britain, and Hong Kong. In 2000, the bank offered its first shares for sale at the SIX Swiss Exchange. It operates under control of the Swiss Financial Market Supervisory Authority (FINMA).

Swissquote Bank’s clients can use such trading platforms as eTrading, SwissquoteFOX, FXBook and trade via Swissquote mobile application. The broker offers to trade the following financial instruments: stocks, currency pairs, stock indices, commodities, bonds, options and futures.

Clients with Swissquote accounts get access to financial news on Smart TV and Swisscom TV, they can participate in webinars as well as have opportunity to undergo offline training course at the Swiss office, and get a bank card linked to their trading account.

The Company was awarded as Best Online Trading Bank and Best Forex Bank.

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Comments about broker

Graham close trader
review Swissquote
28-10-17

Solid broker with above average spreads. Excellent funds safety and global trading giant. No problems at all. Give 5 stars anyday.

TylerMayoras ‏ trader
review Swissquote
19-06-17

I’ve lost almost $300 with Swissquote broker in a standard account within five months. Because they have a high spread in the news trading, as their EUR/USD pair spread is 1.4 pip but last day they take 2.8 pips. I have used eTrading platform, If I have set an SL then my trade have closed after cross the SL level. Even trade didn't execute due was frozen issue and I have lost control after opened trades. I have noticed Swissquote spreads depending on news and they are market maker broker and they didn't any bonuses or promotions offers. In this months my total losses are $167 in 25 trades. No profit at all but I have to pay 2% charged after a request for a withdrawal of $30. So I avoid Swissquote broker and I didn't suggest to join.

amiralipor1234 trader
review Swissquote
30-05-17

I did a few trades and find them a bit expensive but they have a very user friendly website and a helpful support so I opened an account. They are offering a 1.45% return on anything from 1CHF up to 50,000 CHF. Another good thing is they accept accounts in EUR / USD, you may also check their site for some information about the curreciies you may use in trading with them. Another fact is you can trade options, future, quities and also forex here. I have watched their tutorials online and i was really amazed on how simple they did those video so that beginners could pretty much understand it. Just viisit their website and they will give you everything you want.

Milantrader trader
review Swissquote
17-05-17

I have traded with this broker for 5 months. The first two mot]nths in demo account were good enough and I was satisfied with the broker's services. Then, I decided to make a deposit, even if I consider an initial deposit of $1,000 very high. Unfortunately, I was greatly disappointed when I started to notice delays in opening and closing trades and many requotes and slippages. Slippages of more than 30pips happen very often. I contacted their support about all the issues and I never got satisfactory answers. Really frustrating.

JavierTrader trader
review Swissquote
16-05-17

Last five months I have been trading with Swissquote broker in a standard account. Now I want to give them an actual review, which helps another trader in the market. I say that Swissquote is a market maker broker, so the spreads depending on numerous factors and they have taken high spreads from me in the news trading. As In EUR/USD pair the spread is 1.4 pip but I have found it 2.8 pips almost all the times. When I open an order stop losses didn't work well, even sometimes I can't open a trade where I want to set my position. These order's execution was delayed without any reason on a platform and sometimes slippage occurs with them too. I also observed that they haven't any bonuses or promotions offers. Last week I made 31 trades and gain profit $235.58 then made a withdrawal this profit but Swissquote charged me 2% for credit card payments so far. So I do not recommend Swissquote broker and I have suggested to avoid them.

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