Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

All Customer Reviews & Comments about Swissquote Forex broker

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Miguel Carter 26 January 2023

Advantages: A variety of allowed trading strategies Automated portfolio management Good educational offering

Disadvantages: Minimum deposit is high Low leverage

Comment: I wouldn't say that working with this broker has been a bad experience, it just wasn't the best option for me. There are many advantages, that's for sure, but at the same time, it's important to mention that some disadvantages will make you turn to another broker, such as minimum deposit and leverage. I still haven't decided whether it would be better for me to choose another broker or work with this one, but I can say that I wasn't disappointed, that's for sure.

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Jaden Holland 16 November 2022

Advantages: Transparent conditions All types of trading: independent, trust management, automatic, using Expert Advisors A large number of tools, training materials

Disadvantages: Few bonuses A number of confirmed reviews with complaints about the inaccuracy of quotations The User Agreement contains strict clauses in relation to the client

Comment: I found everything I needed here for myself, the opportunity to study, invest, trade. I reviewed all the information available on the site, noticed the underlying trade from the levels, understanding of the market. All that the broker gives at his seminars. I myself use trading from levels and quite successfully.

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T T 07 November 2022

Advantages: none

Disadvantages: I had an account a SwissQuote and they blocked all my funds without any notice. I cant invest or withdraw my money now. Support just answered later said they forwarded it to the department and havent received any answer since then. They already cost me profits because I could not invest. The company is a scam. Do not trade here!

Comment: I had an account a SwissQuote and they blocked all my funds without any notice. I cant invest or withdraw my money now. Support just answered later said they forwarded it to the department and havent received any answer since then. They already cost me profits because I could not invest. The company is a scam. Do not trade here!

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Theodore Rose 01 November 2022

Advantages: Customer account protection Highly specialized account managers, each of whom works in their own market based on the needs of the client More than 250 trading assets

Disadvantages: Technical failures

Comment: For me, in option trading, the best strategy turned out to be to trade more calmly and with less risk. I don't earn a lot of money, but there are no big losses either. I say this because I tried turbo options - I don't know who gets to raise profit on them, I only had losses. In general, if you do not touch minute options and do not chase risky trades, then you will be much more happy. I think that the broker gives you a choice of what to trade - the main thing is to choose the right one. My advice is not to choose turbo options, that's all I wanted to say.

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Rio Morris 11 October 2022

Advantages: Good technical support Rich functionality Interesting affiliate program

Disadvantages: None

Comment: I'm just learning how to trade here. For the first time I came across a broker at a webinar on the basics of trading in financial markets. I was satisfied with the webinar and impressed. Although I got it by accident. I just signed up for an advertisement to see what it is at all. But it caught on specifically. The manager who contacted me advised me to connect to the analytical portal in order to further study trading. Now it is constantly hanging in the browser, I choose a trading strategy for myself. There are 60 pieces in total. It is very convenient that you can try everything on a virtual account. And most importantly, it's free. I set myself a goal this year to learn how to trade with a stable profit and leave office work, become my own master. The more I dive into Forex, the more I understand how achievable this goal is.

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Jamie Myers 07 October 2022

Advantages: None

Disadvantages: A lot

Comment: Hello everyone There was just a shocking situation with the broker! I traded with them for about two months, I withdrew funds without problems, everything suited them, as soon as the withdrawal exceeded the input, problems began! Firstly, they hung up some filters that I can't open a deal by the minute, and close it too. Then, in general, the pearls went, blocked the withdrawal of funds, referring to the investigation of my trade! No terms of the investigation were specified, they just blocked the withdrawal of funds completely! A week has passed, I looked into my trading accounts, and was stunned! They canceled all profitable transactions (for two months of trading), and left negative ones! The bills were driven into the minus. On what basis the profitable transactions were canceled, there was no clear answer, as I understood, all transactions were recognized as non-market, except for negative ones, this is just nonsense, even the galim kitchens do not do this, and here is bank forex! Asked to provide the data of their liquidity provider that there were non-market quotes, was refused. What can I say, the broker is an ordinary kitchen! There is no bank forex here! If the client earns, they will not withdraw funds, if it merges, then everything is fine!

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William Jenkins 12 July 2022

Advantages: Multiple tariff plans Table of market information on the website

Disadvantages: Deposit and withdrawal fees Slippage and unstable spreads Possible failures and slippages in terminals

Comment: I was looking for a reliable broker, tried many different offices, both domestic and Western. There is a lot of ambiguous information about all brokers, but in principle it is possible to understand where the real review is, and where the rating is cheating. I've been working with a broker lately. There is also a lot of different information about them, but I liked it, and I did not encounter the described problems. Registration is quite complicated and I had to provide some documents. I trade on the Ctrader platform, the execution did not disappoint. Slippage in both directions, so I have no complaints. The output to the map is very fast. It always goes smoothly and without unnecessary questions. The support service is also competent and generally unobtrusive. In general, a good broker.

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Harris Howard 07 July 2022

Advantages: Fast execution of transactions Large selection of accounts

Disadvantages: Delays in the withdrawal of earnings

Comment: scammers, two years ago actively bred people, then quieted down. Now they have started calling old customers, offering stupid promotions and services. Money is withdrawn extremely reluctantly, it is better not to risk it! In no case do not try to work with them, do not top up your account with this company. This service is not working.There is no money, no one gets in touch.The password from the LC was also changed, I can't log in.

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Finley Nolan 01 June 2022

Advantages: Availability of training materials Demo account Affiliate Program High-quality analytics Low fees

Disadvantages: None

Comment: There was a situation with withdrawal. I put it on the map. A day or two, but there is no money. I thought I wouldn't see it anymore. I wrote to support. Promptly solved my question.We have thrown off data to track the transaction. And literally a day later they were already on the balance. There were some delays on the part of the bank. And so I like everything.

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Harrison Mistry 02 May 2022

Advantages: Training Quick withdrawal of funds A lot of trading tools Favorable conditions and courses Operational technical support A self-developed terminal

Disadvantages: None

Comment: In general, a very good broker. I trade with him only with crypt on scalping, you can trade with a pip. Profitability will depend solely on the period, but the average temperature in the hospital is 15% per annum. Of the advantages of the company, I can note that the broker really pays, and does not promise, small commissions for the input and withdrawal of capital, spreads are just candy. There is only one drawback — slow online support. I have already stopped addressing them at all.

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Oscar Allan 02 February 2022

Advantages: Availability of a license from an authoritative regulator A wide range of financial services Large selection of deposit currencies

Disadvantages: High spreads and commissions

Comment: Relatively recently switched to Swissquote. I can compare it with the trading conditions of other companies. In my opinion, this Swiss broker deserves attention. But it is more suitable for experienced players who are willing to work big and are able to invest large sums and cover large commission fees. I am pleased with the absence of slippage, as well as the ability to choose the deposit currency, which allows you to get rid of losses on conversions. But such conditions are provided by many brokers, so in the near future I plan to find a better offer.

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Taylor Lawson 06 January 2022

Advantages: The main advantage of using SWISSQUOTE is that it is a regulated broker, which means that you can use its tools without worrying about the risk of your funds.

Disadvantages: None

Comment: I found the services offered by this broker very convenient and have been using them for a long time. I was quite happy with the currency spreads offered by the broker, especially when I was trading currencies whose value was growing. This meant that I didn't have to worry about my investments.

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Ben Rice 04 January 2022

Advantages: Reliable company Huge database of analytics, free tools Large selection of assets and currency types Account insurance Accurate quotes Operational work of technical support Fast video verification, which takes no more than 10 minutes and requires only a passport and a phone

Disadvantages: There are no bonuses and tournaments

Comment: In my opinion, this level is no longer for beginners, but more experienced traders can try themselves here, since Swissquote is widely known in its homeland as the largest Internet banking under the control of the Swiss Financial Markets Supervision Service. Well, so to speak, in order for people to understand that the company is serious and reliable.

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Reece Black 01 December 2021

Advantages: SWISSQUOTE's leverage ranges from 1:10 to 1:100, which makes it profitable for both beginners and professionals. However, this can be risky, so the buyer should only take the amount that he or she can afford to lose.

Disadvantages: None.

Comment: SWISSQUOTE is a broker that offers its clients a wide range of trading instruments. Its spreads are low and leverage is up to 100:1. The broker is no longer old-fashioned, as it offers its clients leverage up to 100:1. It also provides a variety of trading tools, most of which are available for scalping, including low spreads and favorable conditions.

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Keith C. Browning 29 November 2021

Advantages: Easy to use for both beginners and experienced traders. Supportive customer service to ensure liquidity and the possibility of self-financing transactions An advanced trading platform that provides market information and analysis tools.

Disadvantages: None

Comment: SWISSQUOTE broker is an ideal online tool for traders.

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Christian Gerritsen 01 November 2021

Advantages: There is a lot of educational information for beginners. Convenient website, good service. There are a lot of tariffs, they promise a variety of tools.

Disadvantages: You need to pay a commission, withdraw money, a terrible support service, a rather complicated procedure for opening an account. There is no affiliate program. Offshore.

Comment: The broker always withdraws money to any payment system quickly enough. I will also note the ease of use. A good convenient website where you can always watch changes in this area of the market, all technical and operational support is also provided only in English. Analytical and training materials posted on the site are also presented in English.

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Rusty H. Hecker 01 September 2021

Advantages: The broker is under the supervision of the Swiss Financial Markets Supervision Service. Well, this is so to speak, in order for people to understand that the office is serious and reliable.

Disadvantages: To open an account, you need at least half a day, and verification can take 2 weeks.

Comment: A well-designed website interface allows you to find a lot of information about the company. The site has been translated into ten languages. Since 2000, the company's shares have been traded on the SIX exchange, Swiss Exchange.
Regarding Forex, there are four types of accounts to choose from: standard, premium, prime and professional. The latter, by the way, provides individual parameters in agreement with the bank, on the previous three spreads from 1.1 points and above, without commissions.

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Jemmy 19 August 2020

Advantages: A 5-start broker

Disadvantages: None

Comment: Been trading with Swissquote since last year! I never had any major problems, only occasional requotes during fast market movements. This happens to any brokers so I understand. My withdrawals via wire transfer are handled and processed fast. Customer service is always within reach, they’re patient and politie. Swissquote is a broker you must definitely try.

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Terrence 28 July 2020

Advantages: Everything's good

Disadvantages: None

Comment: Me and my friends have started trading with Swissquote last month. Account opening was a breeze. The company’s compliance department was able to process our documents in less than 2 days. Wiring funds did not take more than 2 hours via Skrill. Account managers are incredibly polite and knowledgeable, they really know their business. Love their multi-terminal platform, so steady. No issues so far, I hope this lasts for a long long time!

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Sha 11 June 2020

Advantages: none

Disadvantages: useless customer hotline

Comment: Tried to open a trading account with Swissquote last month. I have to say it was the most inefficient process I’ve ever gotten from a Swiss company. My account wasn’t approved after sending all the required documents. My calls weren’t answered, not sure why. Perhaps all their staff are on lockdown lol.
So I decided to go to another broker. I went to Interactive Brokers, and my account was opened and approved in just a day.

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Caesar 21 April 2020

Advantages: NONE

Disadvantages: Too desperate to get clients into depositing

Comment: Swissquote from what I’ve heard is a decent, reliable Forex broker. So last month I decided to give them a try. But something off happened. Before I had even finished opening my trading account, an account manager from Swissquote called me, asking me to finish the account opening asap. I felt uncomfortable. I hate this type of pursuing clients. Seems too desperate. Anyway so yeah, I tried to keep my temper but when he told me that if I could not fund my account at least $1000 right then I might as well not open the account, I ended the call. It was just too much to bear. If they’ll keep doing that, clients will surely keep themselves away from them.

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Andre Pizelli 19 November 2017

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 .

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Simon Cowell 23 September 2017

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.

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Edgar Koelling 27 May 2017

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.

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Joseph 18 May 2017

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?

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.