Swissquote Review 2025: Live and Demo Account to Explore

Swissquote	⭐⭐⭐
Regulations	FCA, MFSA, FINMA, DFSA
Tradable Assets	Stock, Stock Indices, Currencies, Bonds, Commodities, Precious Metals, Cryptocurrencies
Minimum Deposit	$1,000 ( Standard Account)
Live Accounts	Standard, Premium, Prime, Professional
Demo Account	Yes
Account Opening	1 Day
Max. Leverage	100:1 (for retail traders)
Trading Platform	CFDX, MT4 , MT5
Inactivity Fee	10 account currency units after inactive for 180 days

About Swissquote

Swissquote is a unique online broker with a solid banking background in Switzerland. As a forex-focused platform, it provides one of the most respective range in the industry, over 80 currency pairs in major, minor and exotic. Notably, Swissquote offers different trading conditions for traders from Switzerland, Europe, Middle East, Hong Kong, South Africa, and other regions, and traders at Swissquote can enjoy the benefit of trading with its well-regulated brand and entities. Besides, Swissquote offers excellent research offerings along with its product offerings.

✔Where Swissquote Shines：

• Featuring a banking backgroud and other well-regulated entities
• Offering a respectable range of currency pairs, over 80 pairs
• Access to the industry-leading MT4, and MT5 trading platform, along with additional add-ons - MetaTrader Market
• Fee structure on the Swissquote can be complex
• Autocharist free for Swissquote traders
• No commissions on forex trading
• 15 account currencies supported
• Access to over 50 crypto assets, an attractive feature for crypto enthusiasts
• High-quality research tools

❌Where Swissquote Falls Short:

• Expensive spreads offered across its four account types
• High minimum deposit required from $1,000, unfriendly to retail investors
• An inactivity fee of 10 account currency units per month

Is Swissquote Legit?

Abosulately, the answer is yes. What sets them apart is their strong banking background, actually operating three banks, a unique being in the industry. Traders at Swissquote can enjoy the benefit of security and confidence of trading with highly trusted and well-regulated entities. Besides, Swissquote offers substantial investor protection. Clients can receive up to CHF 100,000 in compensation should the broker become insolvent. For those who open accounts under Swissquote's UK entity, this protection extends to £85,000.

Regulated Country	Regulated Enetity	Regulatory Authority	License Type	License Number	Regulatory Status
	Swissquote Ltd	FCA	Straight Through Processing(STP)	562170
	SWISSQUOTE FINANCIAL SERVICES (MALTA) LTD	MSFA	Straight Through Processing(STP)	C57936
	Swissquote Bank SA	FINMA	Financial Service	Unreleased
	Swissquote MEA Ltd.	DFSA	Retail Forex License	F001438

Swissquore Review on Accounts

Swissquote Minimum Deposit

To open a Swissquote forex account, a high amount of $1,000 is required, largely reducing retail investors' access. In contrast, some major brokers typically require a modest amount ranging from $5 to $200. Brokers with low minimum deposits attract many investors, increasing trading volume. Swissquote, with its high deposit, seems to target experienced or institutional traders.

Broker Name	Swissquote	eToro	IC Markets Global	XM	FP Markets	Forex.com
Logo
Regulations	FCA, MFSA, FINMA, DFSA	AISC, CYSEC, FCA	ASIC, CYSEC	ASIC, CYSEC, DFSA, SCB	ASIC, CYSEC	ASIC, FCA, CYSEC, FSA, NFA, MAS, CIRO
Minimum Deposit	$1,000	$10	$200	$5	$100	$100

Swissquote Accounts

With Swissquote, a total of 4 forex account options are on offer: Standard, Premium, Prime, and Professional. Swissquote's account opening features high minimum deposits, ranging from $1,000 to $50,000, while for the Professional account, quite different requirement, it is volume-dependent. With a forex account, you can trade currencies, stocks, precious metals, and CFD products. Standard leverage for the Standard, Premium and Prime is 100:1, and for the Professional account, leverage is customized. 9 Account balance currencies are available, including GBP, EUR, USD, CHF, PLN, HUF, CZK, AUD, JPY. Furthermore, it should be notable that Swissquote levies an inactivity fee of 10 account currency units if your account remains inactive for six months or more.

How to open an account with Swissquote?

The Swissquote Forex and CFDs account allows access to over 400 CFD-based instruments with leverage up to 100:1. Swissquote highlights its fast execution features - a 9ms average execution speed combination with a 98% fill ratio. To register a personal forex & CFD account is not complex on the Swissquote platform, however, standard identification documents are required to ensure account security.

Swissquote Sign Up

Step 1: Click the “ Open your account” button on the homepage of Swissquote, and then select the “Start Sign-up” on the next page popping up.

Step 2: The following page will prompt you to enter personal information, such as your full name, nationality, legal address, and contact details.

The next page requests further financial information, including employment status, tax information. Once completed, click “next step” to proceed.

Step 3: Here comes the account setting page where you need to select some account details, such as your desired trading platform, account currency, as well as the estimated initial deposit you want to trade, and your wealth status. Additionally, you'll need to confirm the beneficial owner.

Step 4: cAt this point, your Swissquote account registration is nearly complete. You'll receive your username and a temporary password, which you can then change to a unique, permanent password.

Upon your initial login, Swissquote requires further verification. You can choose from the following verification methods:

Step 5: Once verification is complete, your trading account will be fully activated, and you can begin funding it. Available deposit options available include Bank Wire Transfer, Visa, MasterCard, mobile pay, and crypto wallet. Alternatively, you can deposit funds via Swissquote's eBanking service. Once the deposit is processed, you can begin trading.

Swissquote Login

Login into your Swissquote also involves no complex work. However, for security reasons, if you forget your account password, you must contact the Swissquote customer support team to reset.

Swissquote Demo Account

Swissquote offers free demo accounts with virtual funds of $100,000 to give newcomers risk-free trading experience. With the Swissquote demo account, you can trade over 400 financial instruments on currency pairs, precious metals, and a series of CFDs on Stocks, Commodities, and Bonds. The good news is that Swissquote features no expiry date, which means you can use it as long as you want.

Swissquote Review on Investment Options

Swissquote provides trading on over 80 currency pairs, and approprimately 470 CFD-based instruments, including stocks, stock indices, 20 commodities, bonds (USBDN, BUND, LGILT), options, futures and ETFs. Swissquote provides access to over 52 cryptocurrencies, traded separately from its forex offerings on its proprietary SQX exchange. Beyond traditional trading, Swissquote also supports innovative Themes trading. Overall, we consider it is an excellent platform for those who focus on forex products. However, forex spreads on regular accounts are not competitive, with tighter spreads reserved exclusively for Elite account holders.

Swissquote Review on Fees

Swissquote charges low trading fees on stock and securities trading, while for forex and CFD trading, it cannot be considered as a low-cost broker. The basic euro/usd pair, Swissquote's offering starts from 1.1 pips, not competitive compared with many forex-focused brokers in the industry. Swissquote charges no commissions on forex and CFD trading, yet with expensive spreads across its three account types, with spreads from 1.7 pips, 1.4 pips, and 1.1 pips, respectively. As such, Swissquote doesn't shine when it comes to low trading costs, and it cannot compete with those low-cost forex brokers in the industry.

Forex and CFDs Spreads

Among three accounts, the Elite offers the lowest spreads, with the spreads on the EUR/USD pairs dipping as low as 0.1 pips. However, this account is for experienced and professional traders, and they have mature trading skills and more diversified trading strategies.

Cryptocurrency Fees

For cryptocurrency trading, for example, BTCUSD, and ETHUSD, the Premium and Prime account offers quite average spreads. The Elite account holders can get possibly the lowest spreads from 0.0 pips, with some commissions charged.

Stock Fees

Swissquote structures its stock trading fees differently depending on the trader's location. Specifically, traders from Switzerland, Germany, the United Kingdom, and France face a unified fee structure. However, traders based in the United States benefit from a separate and more favorable fee schedule. For US traders, the cost ranges from USD 0.01 per share (with a minimum of USD 15) to USD 0.03 per share (with a minimum of USD 9).

Swissquote Review on Trading Platform

Swissquote CFDX Platform

Swissquote's trading platform ecosystem is a study in contrasts, offering both proprietary innovation and established industry standards. The CXFD platform, Swissquote's own creation, presents a streamlined, web-based trading experience, featuring intuitive interface and integration with Swissquote's broader financial services making it a convenient choice. However, the CXFD platform's simplicity comes at the cost of advanced features. The charting tools, while functional, lack the depth and customization that seasoned traders often require.

Swissquote MetaTrader 4 & MetaTrader 5

Conversely, Swissquote's offering of MetaTrader 4 and 5 platforms targeting the more technically inclined trader. These platforms are renowned for their robust charting capabilities, algorithmic trading support (Expert Advisors), and extensive customization options. MetaTrader's strength lies in its ability to empower traders with a vast array of technical indicators, drawing tools, and customizable chart layouts. Swissquote's reputation for reliable order execution, coupled with the platform's advanced features, creates an excellent environment for various traders.

Swissquote Deposits and Withdrawal

Swissquote Deposit: Methods, Fees and Processing Time

Swissquote allows making depsoit through Bank Transfer ( both domestic and international bank cash tranfer ), its own Swissquote Debit MasterCard (Bright, Light, Blue tier) , and mobile app, such as Google Pay, Apple Pay, Twint, as well as Crypto wallet. Deposit via bank transfer are free of charge, which means Swissquote does not charge internal fees. Deposit via Swissquote Mastercard charges varying fees, free for the Bright Debit Card, CHF 6.90 (Free for the first 6 months) for the Light Debit Card. Deposit via mobile apps is also associated with swissquote cards, which are charged at tiered structure. For Deposit via Crypto wallet, typically 10 USD for amount below 500 USD, and no fees for amount above 500 USD.

Logos	Deposit & Withdrawal Methods	Deposit Fees	Processing Time
	Bank Transfer ( Domestic & International)	Free	1-3 working day
	Visa	1.9% (Switzerland and Europe)/0% (rest of the world)7	Within 2 hours
	Bright Debit Card	CHF 6.90 (Free for the first 6 months)	Within 2 hours
	Light Debit Card	Free	Within 2 hours
	Blue Debit Card	N/A	Within 2 hours
	Apple Pay	Free	Instant
	Google Pay	Free	Instant
	Twint	Free	Instant
	Crypto Wallet	10 USD ( ＜500 USD)No fees (＞500 USD）	Instant

While for withdrawal, Swissquote's reliance on Bank Transfer for withdrawals makes it slight disadvantage over other forex brokers that also support withdrawal through credit/debit card, as well as some online payment options. Swissquote charges a basic withdrawal amount of $10. Typically, withdrawals from Swissquote process within two business days.

Conversion Fees

Available currencies on the Swissquote platform include : EUR, USD, GBP, CHF, JPY, AUD, CAD, NZD, PLN, SEK, DKK, NOK, HUF, TRY, ZAR, SGD, MXN, HKD, THB, ILS, and AED. Swissquote's currency conversion fees are structured as follows: 0.95% for major to major pairs, 1.25% for major to minor pairs, 1.50% for major to emerging market pairs, and 1.00% for major currencies to AED.