Swissquote Review

Swissquote Review

Swissquote is a Swiss CFD and Forex broker with a banking license and high level of security, listed on the stock exchange. It will be an excellent choice for both beginners in trading and experienced investors. It has a wide range of trading platforms and research tools.

Swissquote’s commissions are quite high, but there are no inactivity fees. Opening an account with Swissquote is not difficult and quick

 

The main advantages and disadvantages of Swissquote

Advantages:

  • Banking license
  • Large selection of assets and research instruments
  • No inactivity fees 
  • Easy and fast account opening in 1 day
  • You can use the demo account to practice
  • Educational resources are of very high quality.

 

Disadvantages:

  • High trading commissions
  • Some research tools are paid

 

Key points:

Countries of regulation Switzerland, United Kingdom,Luxembourg, Hong Kong, United Arab Emirates, Singapore, Malta
Inaction fee No
Withdrawal fee $10
Minimum deposit $0
Bank card deposit  Available
E-wallet top-up No available
Time to open an account 1day
Base currencies supported  22
Demo account Available
Markets & Products ETFs,CFDs, Forex, Stocks,Funds, Bonds, Options, Futures, Cryptocurrency, Robo-Advisors,Theme Trading, 

 

Account opening

The Swissquote platform has a convenient and very fast account opening process, digital . 

There is no minimum deposit for Swissquote Bank (CH) and Swissquote Bank Europe (LUX) accounts.

Forex account – minimum deposit starting from $200

Robo-advisor account – minimum deposit from $/£-sterling/euro 5000.

Swissquote LTD (UK) – minimum deposit from $1000 depending on the account.

 

Account types:

Swissqoute offers different account types in different countries.

Swissquote Bank (CH)

  • Trading account – no minimum deposit, investments in all trading products.
  • Forex account – deposit from $1000 to $50 000. Investments in forex and CFDs.
  • Standard forex account – minimum deposit $1000, spreads from 1.7, no commission.
  • Premium – min.deposit $10,000, spreads from 1.4, no commission.
  • Prime – min.deposit $50 000, spreads from 1.4, no commission.
  • Professional – individual conditions, you need to contact the customer support team.
  • Robo-advisor account – from 5 000 in three currencies: euros, dollars or pounds. Investments exclusively in funds.

 

Swissquote Bank Europe 

  • Trading account – ETFs, stocks, crypto, funds
  • Forex – Forex and CFD
  • Robo-Advisor Account – Funds

 

 

up to 50%
Deposit Bonus

Moneta Markets is a global CFD and forex broker that was founded in 2020. Moneta Markets is a brand name of Vantage Group, which is regulated by several authorities globally, including the top-tier Australian Securities and Investments Commission (ASIC). Moneta Markets itself is regulated by the Vanuatu Financial Services Commission (VFSC).