Swissquote review 2026

Our review is based on broker disclosures, regulatory records, platform research and available user information checked on 26 August 2026.

Is Swissquote regulated?

The broker operates through multiple legal entities. The regulator and protections applying to an account depend on which entity accepts the client, not simply on the broker brand displayed.

Swissquote holds tier-one authorisations from FCA, CySEC, MAS and FINMA. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

The DFSA regulates from the Dubai International Financial Centre, a separate legal jurisdiction from the wider UAE.

How safe is Swissquote?

Client money is held separately from the firm's own money, at Swissquote Bank Ltd / regulated banking and custodian infrastructure. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Swiss esisuisse deposit protection up to CHF 100,000; eligible EU CFD clients protected up to €20,000, which pays eligible clients up to its limit if the firm fails owing client money.

Licence information last checked 26 August 2026

Swissquote trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

Swissquote advertises spreads from 0.0 pips on Standard. The stated commission is €2.50 per side / €5 round turn, Elite. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Swissquote lists a minimum deposit of $1,000. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Variable

EUR/USD average spread

Approx. 1.0 pip, Prime

GBP/USD average spread

Approx. 1.0 pip, Prime

Commission

€2.50 per side / €5 round turn, Elite

All-in cost, EUR/USD

Approx. 0.5 pips, Elite minimum

Leverage and margin

Maximum leverage is reported as 1:30, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

Swissquote describes its execution model as Bank / principal with aggregated liquidity and market routing. The available information indicates an average execution speed of 14ms, order types of Market, limit, stop, stop-loss, take-profit, trailing stop and servers in LD4 London; institutional infrastructure also includes NY4 and TY3. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes; MT4/MT5 Expert Advisors and automated trading

Copy trading

No

Negative balance protection

Yes for eligible retail leveraged-trading clients

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

Swissquote account types

Swissquote offers 7 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

Swissquote runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: EUR, USD, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots / 1,000 currency units. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

StandardPremiumPrimeEliteProfessionalCorporateDemo

Minimum deposit

$1,000

Spreads from

0.0 pips

Commission

€2.50 per side / €5 round turn, Elite

Maximum leverage

1:30

Platforms

MetaTrader 4, MetaTrader 5, TradingView, Proprietary platform

Base currencies

EUR, USD, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK

Available markets

Forex, Metals, Shares, ETFs, Bonds, Futures, Cryptocurrency CFDs

Minimum trade size

0.01 lots / 1,000 currency units

Account opening time

Typically same day following digital verification

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as not available. Alternative charges, holding limits or eligibility conditions may apply.

Swissquote fees and trading costs

The total cost of trading can include spreads, commissions, overnight financing, currency conversion, deposit or withdrawal charges and inactivity fees.

Advertised spreads start from 0.0 pips, but typical pricing may be higher.

The reported trading commission is €2.50 per side / €5 round turn, Elite.

Overnight financing applies to eligible positions at rates that can change.

The broker reports none for bank transfer; method-dependent otherwise for deposits.

The broker reports method/entity-dependent; bank transfer fees can apply for withdrawals.

Additional charges include an inactivity fee (10 account-currency units/month on applicable international forex accounts).

A currency-conversion charge of From 0.95% on Swiss banking accounts; entity/account dependent may apply.

Spreads from

0.0 pips

Commission

€2.50 per side / €5 round turn, Elite

Overnight financing

Both: positive swaps credited and negative swaps debited

Deposit fee

None for bank transfer; method-dependent otherwise

Withdrawal fee

Method/entity-dependent; bank transfer fees can apply

Inactivity fee

10 account-currency units/month on applicable international forex accounts

Currency conversion

From 0.95% on Swiss banking accounts; entity/account dependent

Fees can change and may differ by entity, platform, account or payment method. Confirm the full schedule before opening or funding an account.

Trading platforms and apps

Swissquote supports MetaTrader 4, MetaTrader 5, TradingView and Proprietary platform. Availability can differ by account and legal entity.

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

MetaTrader 4MetaTrader 5TradingViewProprietary platform

Proprietary platform

Yes, CFXD

Web platform

Yes

Mobile app

Both proprietary and third-party

Charting

30+ MT4; 38+ MT5; 100+ through TradingView

Third-party tools

TradingView, Autochartist, MetaTrader Master Edition

Server locations

LD4 London; institutional infrastructure also includes NY4 and TY3

Automated and copy trading

The broker reports support for expert advisers and automated strategies and API access. Automated strategies can fail, amplify losses or behave differently under changing market conditions.

The platform range is broad. Its main advantage is support for MetaTrader 4; the principal limitation is the absence of cTrader.

Markets available through Swissquote

The broker reports access to 3,000,000+ instruments across forex, metals, shares, eTFs, bonds, futures and cryptocurrency CFDs. Product availability depends on the account entity and platform.

Leverage is capped at 1:30 retail, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

The product range is strongest for forex, metals and shares. Traders seeking indices and commodities may need another broker.

ForexMetalsSharesETFsBondsFuturesCryptocurrency CFDs

Markets, as published

Forex, Stocks, ETFs, Funds, Bonds, Options, Futures, CFDs, Cryptocurrencies, Structured Products, Precious Metals

Total instruments

3,000,000+

Currency pairs

130+

Cryptocurrency CFDs

Yes

CFDs do not provide ownership of the underlying asset. Product terms, leverage and trading hours vary by market.

Deposits and withdrawals

Available funding methods include Bank transfer, credit/debit card, Apple Pay, Google Pay and internal Swissquote account transfer. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Typically 1-3 business days, against Cards generally instant; bank transfers typically 1-3 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer and internal swissquote account transfer. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is No general minimum - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods

Bank transfer, credit/debit card, Apple Pay, Google Pay and internal Swissquote account transfer

Withdrawal methods

Bank transfer and internal Swissquote account transfer

Deposit time

Cards generally instant; bank transfers typically 1-3 business days

Withdrawal time

Typically 1-3 business days

Deposit fee

None for bank transfer; method-dependent otherwise

Withdrawal fee

Method/entity-dependent; bank transfer fees can apply

Minimum withdrawal

No general minimum

Local payment methods

SEPA; Swiss bank transfer and jurisdiction-specific local banking methods

View withdrawal complaints about Swissquote

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Customer support

Swissquote provides support through Phone, email, contact form, live chat during 24/5 for forex trading support. Supported languages include Multilingual.

Support runs 24/5 for forex trading support. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by phone, email, contact form, live chat. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: webinars, ebooks, trading courses, videos, tutorials and forex education. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Support channels

Phone, email, contact form, live chat

Support hours

24/5 for forex trading support

Languages

Multilingual

Telephone

+41 44 825 88 88

Email

forex.support@swissquote.ch

Live chat response

Typically under 5 minutes

Research and market analysis

Extensive: Morning News, market analysis, technical/fundamental research, Trading Central, analyst commentary and investment themes

Education

Extensive: webinars, ebooks, trading courses, videos, tutorials and forex education

Is Swissquote a good broker?

Your decision should reflect your country, experience, preferred platform, trading costs and tolerance for financial and counterparty risk.

Swissquote is best considered by

• Traders who want a tier-one licence behind the account
• Traders who want raw spreads with a commission
• Traders who want automated strategies
• Traders who want MetaTrader

Consider another broker if

• You require an Islamic account
• You require copy trading

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