All Customer Reviews & Comments about Swissquote Forex broker
Advantages: no problem
Disadvantages: I do not know
Comment: The lack of clear rules and precedents creates great opportunities, but also huge risks for the unprepared.Specifically, I really like broker Swissquote , because for 2 years of teamwork there was no deception, with draw all automatically, everything is fine with them .
Advantages: Margin call 0.5 %, three types of accounts, minimum position size 0.01, reliable regulation
Disadvantages: Minimum deposit 1000$
Comment: I really enjoy working with this European broker, there is reliable regulation and everything is honest. The broker has many different positions, on which you can trade.
Advantages: Recognizable name and strong regulation
Disadvantages: Higher costs than most
Comment: For a good alternative broker with strong regulation, Swissquote is the one to go with. It is regulated in Switzerland, and there are no restrictions on leverage like other EU-regulated brokers. I know most people will find 100:1 leverage low, but you get quality services. Other than that, there are many tradeable products in currencies, stocks and commodities. I will also admit spreads are quite high, but that can be offset by dealing with a true ECN broker, so even though charges are high you can know you're getting actual market quotes. In the end, it's a matter of taste and needs, I find Swissquote to suit me well because I don't trade often so the spreads don't matter to me as much, and I have confidence in the broker, which to me is very important.
Advantages: Actual ECN broker, well regulated, good trading conditions
Disadvantages: None at all
Comment: You should definitely bump Swissquote at the top of the brokers list, they are a trustworthy company under proper regulation and haven't seen any complaints even on other review websites. I have only been demo trading because they have high capital requirements, but so far everything seems great. Once I start live trading, will let you know. Has anyone else had an experience with this broker?