Swissquote Review 2026
Swissquote is a Swiss bank offering forex and CFD trading, but it needs a $1,000 minimum deposit and Trustpilot reviewers often mention slow support.
Min Deposit
1000 CHF
Spreads From
1.1 pips
Max Leverage
1:30
Platforms
4
Pros
- Real Swiss bank with a genuine FINMA banking licence since 2001
- Also regulated by the FCA, MAS, SFC, MFSA, and FSCA across four continents
- Wide asset range: forex, stocks, ETFs, bonds, options, and crypto
- MetaTrader 4, MetaTrader 5, and a modern CFXD platform with TradingView
- Client cash sits with a licensed deposit taking bank, not just a CFD shop
Cons
- Standard forex account needs a high $1,000 minimum deposit
- Spreads from 1.7 pips are wide next to low cost forex rivals
- SIX exchange fined the group CHF 75,000 in 2023 for a disclosure error
- Trustpilot reviewers often report slow customer support replies
- FINMA pushed Swissquote in 2025 to cut suspicious activity reports
Swissquote started in 1996 in Switzerland and grew into a full bank. It is listed on the SIX Swiss Exchange and holds a real banking licence from FINMA, plus licences from the UK FCA and Singapore's MAS. In 2023, the SIX exchange fined the group CHF 75,000 for a botched earnings announcement, and in 2025 FINMA pushed it to cut suspicious activity reports.
The broker is not cheap. A Standard forex account needs a $1,000 minimum deposit, and spreads start from 1.7 pips on EUR/USD. Tighter spreads need a $10,000 or $50,000 account. You can trade forex, stocks, ETFs, bonds, options, and crypto through MetaTrader 4, MetaTrader 5, or its own CFXD platform with TradingView charts.
On Trustpilot, Swissquote scores 3.7 out of 5 from over 3,300 reviews, though 1 in 5 reviewers leave just 1 star. A common complaint is slow customer support and a long, document heavy signup process. Its banking licence protects client money well, but expect higher costs than budget brokers.
Min. Deposit
USD 1
Max Leverage
1:30 for retail clients in the UK and EU, up to 1:100 elsewhere
Spreads From
1.7 pips
Platforms
Swissquote is a Swiss bank founded in 1996 and now listed on the SIX Swiss Exchange. It holds a full banking license from FINMA and is regulated by the FCA in London and MAS in Singapore. With 1.2 million accounts, it is one of Switzerland's largest online brokers. Deposits are covered by the Swiss depositor protection scheme up to CHF 100,000 per person.
Swissquote lets you trade 3 million+ instruments including stocks, options, futures, bonds, ETFs, crypto, structured products, and forex. Four platforms are available: eTrading, Advanced Trader, MetaTrader 4, MetaTrader 5. Spreads on forex are 1.7 pips on the base account, and drop only to 1.1 pips on the Prime tier that needs 50,000 CHF upfront. You can own real stocks, though forex is CFD-only.
Swissquote is an excellent fit for Swiss and EU residents who value Swiss regulation and real bank status over tight spreads. For international traders or those seeking razor-sharp execution, its high minimums and wide spreads make rivals more attractive.
Standard
Premium
Prime
80+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- FINMA (Switzerland)
- FCA (UK)
- MAS (Singapore)
- SFC (Hong Kong)
Last verified: July 1, 2026
