Trading Instruments

Swissquote provides traders with multiple trading products. These global assets allow traders to diversify their portfolios. These assets include:

Forex

The platform provides instant executions and tight spreads for traders with global FX currency pairs. The platform does not include any hidden charges.

Metal

Traders can invest in commodities like gold, natural oils, and more. Commodities are the safest investment option.

CFDs

The platform offers Contract for Difference trading in assets like indices and commodities. Traders can invest their funds in the global CFDs.

Account Types

Swissquote offers several account types tailored to suit the needs of different traders, from beginners to professionals.

Standard Account

This account is suitable for retail traders and comes with access to all available trading instruments, platforms, and features. The minimum deposit requirement is higher than most brokers, reflecting Swissquote’s premium positioning in the market.

Premium Account

This account is aimed at experienced traders and offers more competitive spreads and personalized support. It requires a larger deposit compared to the Standard Account.

Prime Account

This account is designed for institutional clients or high-volume traders. It provides even tighter spreads, enhanced execution, and dedicated customer support.

Professional Account

Specifically for forex traders, this account offers leverage of up to 100:1, and traders benefit from Swissquote’s high liquidity and fast execution speeds.

Deposits and Withdrawal

Swissquote offers traders various deposit and withdrawal options. The platform provides traders to start with a minimum deposit of $1000. The high prices make it uncomfortable for beginners and low-budget investors.

The Swissquote trading platform does not charge fees for deposits. Traders can add their funds using cards, banks, e-wallets, and wire transfers.

The withdrawal process at Swissquoyte is a quick and effortless execution within 24 hours. There is no minimum withdrawal and fee involved but some payment methods may incur additional charges.

Fees and Commission

Swissquote trading platform offers a simple fee structure. The platform develops its revenue through spreads. The platform does not charge during transactions.

The platform also charges inactivity fees for accounts depending on the time of inactivity. The platform has a minimum deposit of 1000 USD, which changes for account types.

Security and Regulations

Swissquote is an online trading platform known for over three decades. The platform provides a two-factor authorization for an extra layer of protection.

The platform is regulated by securities and Futures Commissions. The regulatory status ensures the platform is well-supervised and maintains security standards.

Apart from these, the platform ensures security measures to keep the accounts and client personal information confidential.

Customer Support

Dedicated customer support is a must-have for all brokers around the globe. The platform provides responsive customer support through contact forms, phone at (0848 25 88 88), and live chats. The platform offers 24/5 customer support that makes it easier for traders to get their issues resolved.

Apart from these, the platform provides traders with FAQs and educational resources. The FAQs help traders with general issues during trading. The educational resources at Swissquote provide traders with video tutorials, webinars, and analysis. These help traders learn new skills and strategies for better trading processes.

Is Swissquote a Scam?

Swissquote is a regulated and registered trading platform. The platform provides traders with advanced tools and resources. The platform offers smooth trading for traders with different experience levels. Also, the platform provides security for the funds and client data.

The regulatory status ensures that the platform maintains the industry security standards. The platform also provides clear information about the fees and commissions involved in trading. This makes Swissquote a trustworthy and legitimate trading platform.

Conclusion

Swissquote is a premium broker that offers a wide range of financial instruments, robust trading platforms, and exceptional security measures. While its fees may be higher than average, the broker’s strong regulatory standing, extensive educational resources, and comprehensive customer support make it an attractive option for serious traders and investors. Whether you’re trading forex, CFDs, stocks, or cryptocurrencies, Swissquote offers a safe and reliable platform to execute your trades.