Ratings and Reputation

SwissQuote earns an overall rating of 4.5 stars out of 5 from users. On TrustPilot, with over 2,100 reviews, SwissQuote has a 3.7 out of 5 star rating, demonstrating mostly positive sentiments from past and existing users. As a bank and publicly traded firm on the Swiss stock exchange since 2000, SwissQuote exhibits transparency and trustworthiness to back its operations.

Trading Offerings

SwissQuote offers an extensive range of tradable assets, including 78 forex currency pairs, 472 total tradeable symbols, major stock indices, commodities, cryptocurrencies, and 34 cryptocurrency CFD pairs. Traders can take advantage of 1:100 maximum leverage across forex, indices, commodities, shares, and crypto CFDs. SwissQuote's trading platform and technical infrastructure facilitate active trading, social/copy trading, scalping, and hedging.

Fees and Commissions

SwissQuote has a $1,000 minimum deposit requirement, competitive spreads starting from 1.5 pips on EUR/USD for active traders, and no inactivity fees. Funding an account is easy through multiple channels like PayPal, Skrill, bank wire transfers, and major credit/debit cards. Though SwissQuote does not offer absolute zero spread accounts, active and high volume traders can receive discounts on spreads and commissions.

Trading Platforms

SwissQuote offers multiple trading platforms to cater to different traders. Its flagship proprietary platform comes packed with features like advanced charting, market scans, risk analysis tools, news feeds, sentiment indicators, integrated trading alerts and more. For traditionalists, SwissQuote also includes the ever-popular MetaTrader4 platform with automated trading capabilities through Expert Advisors. Both desktop and mobile apps are supported across these platforms.

Research and Analysis

SwissQuote stands out with an extensive suite of research and analysis tools. Traders have access to live market news and commentary, institutional grade trading central forecasts, auto-chartist pattern recognition, economic calendars, social sentiment indicators, fundamental company metrics, 20+ years of historical tick data, and an built-in investor dictionary/glossary. For further learning, SwissQuote provides a library of beginner and advanced video tutorials.

Regulation and Safety

As a Swiss bank, SwissQuote adheres to stringent regulation and operational compliance enforced by FINMA. Client asset segregation, negative balance protection, and Austrian deposit insurance system backing up to CHF 100,000 per account checks key boxes for risk management. Publicly traded and majority owned by PostFinance, SwissQuote is professionally managed as part of a long standing financial institution in Switzerland.

Pros of SwissQuote

  • Cutting edge trading platforms with advanced research and analytical tools
  • Competitive pricing with tight spreads and discounted commissions
  • High credibility and trust as a Swiss regulated bank
  • Professional customer support with multi-lingual service
  • Extensive trading education through videos and tutorials
  • Backed by institutional funding and public shareholders

Cons

  • Inactivity fees could have been avoided
  • Limited payment options compared to other brokers
  • Website navigation and menus need simplification
  • mimic copy trading capabilities lack market depth analysis

Conclusion

For seasoned traders seeking a reputable Swiss brokerage, SwissQuote checks all the boxes. It combines the stability and trust of a bank with cutting edge fintech trading platform. Though the platforms have scope of UI/UX improvements and simplified navigation, the core focus on research, analysis and trading infrastructure makes SwissQuote a compelling choice. Innovation through four in-house R&D centers and public accountability give SwissQuote transparency and reliability unmatched by upstart fintech brokers. With tight spreads, discounted commissions for active traders, and a Swiss lens into global markets, SwissQuote is positioned as go-to brokerage for the foreseeable future.

Swissquote Coupon Details

Website https://swissquote.com/
Primary Category Forex
Secondary Category CFD Trading
Monthly visits 456K
Affiliate Program Available
Active Coupons/Promotions 0
Socials
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Date Published 2023-12-17 13:09:40
Date Modified 2024-03-24 20:53:35

Screenshot of Swissquote

Screenshot of the Swissquote website
Website of Swissquote (Image credits: Swissquote)

Compare Swissquote with other brokers

Swissquote offers 78 Forex Pairs and 472 Instruments scoring an average TrustPilot rating of 3.7 with 2105 reviews.