Swissquote Review 2025

Checker Image Fact Checker
Tobias Robinson
Editor Image Editor
James Barra
Our Rating
4.0

Why Trade With Swissquote?

"Swissquote is a great option for active traders seeking a customizable platform, like its CXFD that includes Autochartist for automated chart analysis to assist trading decisions. However, its average fees and high $1,000 minimum deposit may be less accessible for beginners."

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USD Account

Detailed Ratings

Average Broker Swissquote Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0

Quick Facts

Demo Account
Yes
Minimum Deposit
$1,000
Instruments
CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent)
Platforms
CFXD, MT4, MT5, AutoChartist, TradingCentral
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, CHF, HKD, SGD, PLN, AED, SAR, HUF, THB, QAR, MXN
Payment Methods
Credit Card, Debit Card, Mastercard, Visa, Wire Transfer

Pros

  • Swissquote caters to fast trading strategies like scalping and high-frequency trading, offering 9ms average execution speeds, a 98% fill rate, and FIX API.
  • Swissquote offers advanced research tools such as Autochartist for technical analysis and real-time news integration from Dow Jones. Their proprietary Market Talk videos and Morning News reports provide daily expert analysis, which is attractive to active traders.
  • Swissquote offers robust platforms for trading, including MetaTrader 4/5 and its proprietary CFXD (formerly Advanced Trader). These platforms provide customizable layouts, advanced charting tools, and technical indicators, all of which performed well in testing.
  • Swissquote is highly trusted for being a bank, listed on the Swiss stock exchange, and authorized by FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.

Cons

  • Analysis indicates Swissquote has relatively high fees, with forex spreads starting at 1.3 pips on Standard accounts, whereas Pepperstone and IC Markets offer 0.0 pips. Transaction fees for non-Swiss stocks and ETFs can increase costs for frequent traders.
  • Unlike brokers like eToro, which offer social trading features, Swissquote lacks tools for community interaction or copying successful traders. This limits its appeal for those who value peer learning.
  • Swissquote mainly serves professional and wealthy clients, requiring high minimum deposits like $1,000 for Standard accounts. This makes it less suitable for smaller traders, who might prefer brokers offering higher leverage and no minimum deposit.

Regulation & Trust

Rating: 4.5

Swissquote has a strong reputation as a trusted broker and is even listed on the SIX Swiss Exchange (SWX: SQN).

It started in 1996 as a platform offering free real-time stock prices in Switzerland and evolved into a regulated online bank by 2000, headquartered in Gland, Switzerland.

In 2017, it became a pioneer in cryptocurrency trading as an online bank.

Operating under a robust regulatory framework, Swissquote is regulated by top-tier financial authorities worldwide, including the Financial Market Supervisory Authority (FINMA) in Switzerland, the Financial Conduct Authority (FCA) in the UK, and the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, among others.

Most jurisdictions fall under the highest regulatory standards, ensuring a high level of security for traders.

Investor protection varies depending on the region. UK clients benefit from Financial Services Compensation Scheme (FSCS) coverage of up to £85,000, while Swissquote Bank Europe clients have Investor Compensation Scheme (ICS) protection up to €20,000.

In Switzerland, coverage extends to CHF 100,000. Outside these areas, protection levels differ, which can sometimes make dispute resolution more complex.

However, no matter where you’re trading from, negative balance protection ensures that your account never goes below zero.

Regulation & Trust Details

  • Regulator: FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA
  • Guaranteed Stop Loss: No
  • Negative Balance Protection: Yes
  • Segregated Accounts: Yes

Awards

  • Top Innovative Companies 2025 – Statista
  • ETF Online Broker of the Year 2024 – Swiss ETF Awards
  • World’s Most Trustworthy Companies 2024 – Statista

Accounts & Banking

Rating: 3.8

Live Accounts

Swissquote offers a range of trading accounts, each tailored to different experience levels.

No matter which account you choose, you’ll get leverage up to 1:100, access to Expert Advisors (EAs), and support for high-frequency trading.

For beginners, the Standard account is a solid starting point. It has a $1,000 minimum deposit, floating spreads from 1.3 pips, and no forex trading commission. The minimum trade size is just 0.01 lot, making it a flexible choice.

The Premium account might be a better fit if you’re an intermediate trader. With a $10,000 deposit, you get tighter spreads from 0.6 pips and a minimum trade size of 0.1 lot.

Advanced traders can opt for the Prime account, which requires a $50,000 deposit and offers spreads from 1.1 pips—perfect for frequent trading with a minimum trade size of 1 lot.

For professionals who need custom conditions, extra risk tools, and even better spreads, Swissquote offers a Professional account with higher leverage and tailored benefits.

If you follow Shariah law, Swissquote provides Islamic accounts for swap-free trading. You’ll need to reach out to set one up, but it’s a great option if you require compliance with Islamic finance principles.

However, the high deposit requirements across all accounts might be a barrier for newer traders.

Beyond trading, Swissquote’s Invest Easy feature makes investing easy. This service integrates saving and investing by offering direct interest in USD, EUR, GBP, and CHF.

It also includes automated investing with four risk-based strategies, allowing for effortless portfolio management.

Demo Accounts

I tried out Swissquote’s demo account, and it’s a great way to get comfortable trading.

It comes with $50,000 in virtual funds, letting me practice with forex, CFDs, and even cryptocurrencies.

Setting it up was quick and hassle-free, and I could use it on MetaTrader 4 (MT4), MetaTrader 5 (MT5), or Swissquote’s CFXD platform.

The only downside is the 30-day limit—it’s perfect for short-term testing, but I would have liked more time to explore different strategies.

Unlike Swissquote, brokers like Vantage, IG, Pepperstone, and AvaTrade let you use a demo account with virtual funds indefinitely, without any expiration.

Deposits & Withdrawals

Opening a forex account with Swissquote means committing to a minimum deposit between $1,000 and $50,000, which might be a hurdle for new traders.

Some brokers like OANDA and Interactive Brokers have no minimum deposit amounts.

You can choose from over 20 currencies, including EUR, USD, and GBP, making it flexible for international trading.

Deposits process quickly—within 24 hours for bank cards and up to three days for wire transfers.

While there are no deposit fees, residents in the Single Euro Payments Area (SEPA) face a 1.9% withdrawal fee.

I wish Swissquote supported crypto and e-wallet funding, but given its strict regulations, it’s understandable.

Accounts & Banking Details

  • Minimum Deposit: $1,000
  • Account Types: STP, DMA, MAM
  • Payment Methods: Credit Card, Debit Card, Mastercard, Visa, Wire Transfer
  • Account Currencies: USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, CHF, HKD, SGD, PLN, AED, SAR, HUF, THB, QAR, MXN
  • Islamic Account: Yes

Assets & Markets

Rating: 3.5

Swissquote offers an impressive range of trading instruments, especially for Swiss clients who can access over three million assets, from CFDs to bonds and ETFs.

However, the selection is more limited outside of Switzerland.

For example, I have access to around 400 forex and CFD instruments in the UK, including currency pairs, stock indices, commodities, precious metals, and bonds.

Asset availability also depends on the platform, with CFXD being the only option for trading over 35 cryptocurrencies, including BTC/USD and ETH/USD.

I can trade over 80 forex pairs, including majors like EUR/USD, minors like GBP/JPY, and exotics like USD/MXN.

More than 335 stocks are from major US and European exchanges, including big names like Nike and Nestlé.

Swissquote also offers over 25 indices covering markets in the US, Europe, and Asia-Pacific, including the S&P 500 and FTSE 100.

I also have access to over 25 commodities options, including metals like gold and energies like oil.

Bond trading is more limited, with just a few US and EU government bonds available.

One feature I appreciate is fractional shares, introduced in 2024. These shares make it easier to invest in high-value stocks, funds, and cryptos.

However, compared to brokers like eToro, FXTM, and Pepperstone, Swissquote falls short in passive investing options, particularly in areas like copy trading and paying interest on uninvested cash.

Assets & Markets Details

  • Instruments: CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent)
  • Leverage: 1:100 (Retail), 1:400 (Pro)
  • Margin Trading: Yes
  • Stock Exchanges: Australian Securities Exchange (ASX), Borsa Italiana, CAC 40 Index France, DAX GER 40 Index, Deutsche Boerse, Dow Jones, Dubai Financial Market, Euronext, FTSE UK Index, Hong Kong Stock Exchange, IBEX 35, Japan Exchange Group, London Stock Exchange, Nasdaq, Nasdaq Nordic & Baltics, New York Stock Exchange, S&P 500, SIX Swiss Exchange
  • Commodities: Cocoa, Coffee, Copper, Gasoline, Gold, Natural Gas, Oil, Palladium, Platinum, Precious Metals, Silver, Soybeans, Sugar
  • Crypto Coins: BTC, ETH, USDT, USDC, XRP, SOL, AVAX, ATOM, ENS, ONDO, ICP, NEAR, IMC, RNDR, GRT, LDO, ALGO, DOT, ADA, XTZ, APE, LINK, POL, GALA, SAND, AXS, MANA, DOGE, UNI, FIL, MKR, CHZ, AAVE, COMP, XLM, ENJ, BCH, LTC, ZRX, BNT, EOS, AUDIO, ETC, HBAR

Fees & Costs

Rating: 3.0

Swissquote is a prestigious Swiss bank offering top-tier security and a strong reputation.

However, its trading costs are higher than those of many low-cost brokers based on our tests, which can be a drawback if you’re looking for tight spreads and low commissions.

Fees also vary depending on region.

For example, Swissquote UK has lower costs and deposit requirements but a more limited product selection.

The Swiss branch offers a broader range of investments, including Swiss equities, making it more appealing to experienced investors.

I appreciate that there are no inactivity fees, but the high trading costs for stocks and ETFs, along with withdrawal fees, do add up.

While Swissquote’s strong reputation and extensive market access are definite advantages, traders who prioritize lower fees might find better value with brokers like IC Markets or Pepperstone.

Fees & Costs Details

  • Inactivity Fee: $0
  • Crypto Spread: 71 BTC (Prime Account)

Forex Spreads

  • GBP/USD: 1.7
  • EUR/USD: 1.3
  • GBP/EUR: 1.5

CFD Spreads

  • FTSE: 0.9
  • GBP/USD: 1.7
  • Oil: 0.03
  • Stocks: N/A

Platforms & Tools

Rating: 3.8

Swissquote gives a solid choices for trading platforms, catering to different trading styles and asset preferences.

I like its own CFXD platform—it’s intuitive, customizable, and great for trading on the Web and mobile.

It comes with TradingView charting, 15 timeframes, and 27 indicators, making technical analysis easy.

Screenshot showing the Swissquote CFXD platform

Swissquote’s CFXD platform offers intuitive trading with Autochartist integration

Autochartist integration is a big plus, helping automate chart analysis and simplify trade execution.

It is useful to be able to place complex orders like Order Cancels Other (OCO), and FIX API connectivity is great for low-latency execution.

However, I wish there was a desktop app and support for copy and automated trading.

Swissquote offers MT5, which builds on MT4 with 21 timeframes, 80 indicators, and an integrated economic calendar if you prefer a more traditional platform.

It’s perfect for trading multiple asset classes, but it doesn’t support crypto, and you need to install Autochartist as a plug-in.

For forex traders, the older MT4 is still a reliable choice. It works on desktop, Web, and mobile and offers advanced charting, nine timeframes, and 30 technical indicators.

It also supports automated and copy trading, which is a significant advantage. Its interface feels a bit dated, and it doesn’t support stocks or crypto.

Autochartist also requires a plug-in, and no built-in economic calendar or API support exists.

While Swissquote’s platforms cover a wide range of topics, adding cTrader and TradingView would make them even more versatile.

Platforms & Tools Details

  • Platforms: CFXD, MT4, MT5, AutoChartist, TradingCentral
  • Android App Rating: 3.4
  • iOS App Rating: 4.5
  • Copy Trading: No
  • VPS: No
  • Automated Trading: Expert Advisors (EAs) on MetaTrader and FIX API solutions
  • AI Trading: Yes

Research

Rating: 4.3

Swissquote does a great job of keeping you informed with its research content.

The daily ‘Morning News‘ gives me quick and insightful updates on global market trends, helping me make more informed trading decisions.

I also check out the broker’s blog for market analysis and strategy insights, but I wish it was updated more frequently—the last post was over three weeks ago at the time of writing, which makes it feel a little outdated.

Screenshot showing a Swissquote YouTube video

Swissquote’s YouTube channel offers market insights, trading tutorials, and financial analysis

I appreciate how Swissquote integrates multimedia into its research and education.

Its YouTube channel has excellent tutorials and webinars featuring financial experts, ideal for visual learners like me.

I also enjoy the daily podcasts covering market forecasts, industry interviews, and economic trends. It’s an easy way to stay updated while on the move.

Swissquote makes technical analysis easier by offering automated chart pattern recognition and expert insights through Autochartist.

Plus, having real-time MetaTrader news and analysis from Dow Jones Newswire is a significant advantage, giving you quick access to market-moving information.

Education

Rating: 3.3

Swissquote does a great job with its educational videos on YouTube and its webinars.

The expert-led content is straightforward, easy to follow, and suited for all experience levels, making them valuable resources.

There are also eBooks on stock investing and building diversified portfolios, including a solid introduction to ETFs.

While these are helpful, I’ve noticed that few resources focus on trading strategies or advanced techniques.

Screenshot showing Swissquote Webinars

Swissquote’s webinars help traders stay ahead of global trends

It would be great if Swissquote introduced interactive courses, a wider range of content formats, and more multilingual options—something brokers like XM do well.

Expanding its educational resources could make learning even more engaging and accessible.

Customer Support

Rating: 3.8

Swissquote offers solid customer support through email, live chat, and phone, and I appreciate that it’s available 24/7.

The broker also stays connected through social media, sharing market updates and educational content on platforms like X, Instagram, LinkedIn, Facebook, TikTok, and YouTube.

During business hours, I’ve found the support team is responsive and knowledgeable. Their multilingualism makes it easier for traders worldwide to get help.

The Help Center is also a useful resource, with detailed FAQs that quickly answer common questions about account management and platform access.

Interactive features, such as video tutorials for troubleshooting, could make the experience even smoother for beginner traders.

Should You Trade With Swissquote?

Swissquote is an excellent broker if you’re looking for strong regulatory security and various account options.

It offers commission-free and professional accounts with lower spreads, making it easy to find something that fits different trading strategies.

That said, the selection of trading instruments feels limited for traders outside of Switzerland, and the fees can add up, especially for smaller forex trades.

The proprietary CFXD platform is user-friendly, but it doesn’t measure up to cTrader or TradingView in terms of charting and news integration.

While the educational resources are helpful, they could go deeper into advanced strategies.

Overall, Swissquote strikes a good balance between security and accessibility, but the fees and educational content could be better compared to some of our top brokers.

Article Sources

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