Regulated by: FINMA
Swissquote Review & Author's Comment
Swissquote is not only a forex broker but also officially licensed fully functional bank regulated by FINMA in Switzerland. So when you deposit money to your Swissquote forex account, it is as secure as depositing money to a Swiss bank account. The firm was founded in 1997 and listed in Swiss stock exchange. This removes all the question marks and doubts about reliability of Swissquote whom I would call one of the most professional and institutionalized forex brokers in the industry worldwide.
Enough for pros… How about cons? Spreads are high and leverage is low compared to many other forex brokers. 1.7 pips minimum spread for EURUSD is not going to make scalpers and intra-day traders satisfied. Especially when there are brokers like XM and Pepperstone who offer ECN accounts with spreads as low as 0.3 pips. Besides, 1:100 leverage doesn’t look impressive next to the 1:888 leverage offered by XM and 1:500 leverage offered by STO.
Founded in 1997 and listed in Swiss stock exchange. Very reliable and known as one of the most professional and institutionalized forex brokers in the industry worldwide.
|Adress:||Ch. de la Crétaux 33Case Postale 319CH-1196, Gland, Switzerland|
|Phone:||+41 44 825 88 85|
|Cryptocurrencies:||Bitcoin, Ethereum, Bitcoin Cash, Litecoin|
|MAM / PAMM Account:|
|Funding Methods:||Wire Transfer, Credit Card|
|Withdrawal Methods:||Wire Transfer|
|24 Hours Support:|
|Languages:||Arabic, Chinese, English, French, Italian, German, Russian|
|Supported Platforms:||MetaTrader 4, MetaTrader 5, Advanced Trader|
|Spreads:||As low as 1.7 pips for EURUSD on Standard account|
|Negative Balance Protection:|
|Accepts Clients from the US:|