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Swissquote

Switzerland Switzerland
Forex, CFDs, stocks (bank) Β· since 1996
4.6
/ 5 β˜…
RegulationFINMA, FCA, CSSF, DFSA
Min. deposit$1000
Leverage1:1 – 1:100
PlatformsCFXD, MT4, MT5
InstrumentsForex, CFDs, stocks (bank)
Founded1996
πŸ›οΈ Which entity will open your account?
πŸ“ Pick your country above and we'll tell you exactly which entity opens your account at Swissquote.
How is this decided and how do I verify it? β†’

Regulation by region

The entity you sign with β€” and your protection β€” changes depending on where you live.

United Kingdom
FCA + FSCSMarket maker
Swissquote Ltd (FRN 562170) β€” FSCS up to Β£85,000
European Union
CSSF + CySEC bankMarket maker
Swissquote Bank Europe SA (Luxembourg, FGDL €100,000) / Swissquote Capital Markets (CySEC 422/22, ICF €20,000)
United States
Unregulated in the US
No NFA/CFTC, doesn't accept US retail clients
Australia
No ASIC license
Doesn't serve Australia locally β€” no local protection
Rest of the world
FINMA bank + DFSA/SFC/MASMarket maker
Swissquote Bank Ltd (FINMA bank, esisuisse CHF 100,000) and tier-1 regulated subsidiaries by jurisdiction

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

SwitzerlandFINMARegulatedMarket makerbanco (CHE-102.383.586)
United KingdomFCARegulatedMarket makerFRN 562170
LuxembourgCSSFRegulatedMarket makerbanco (RCS B 78729)
CyprusCySECRegulatedSTP422/22
United Arab EmiratesDFSARegulatedMarket makerFD001438
Hong KongSFCRegulatedMarket makerAZV127
SingaporeMASRegulatedMarket maker
South AfricaFSCARegulatedMarket makerFSP 43908

Account types

Standardspreads from 1.3 pip, no commission, min ~$1,000
Premiumspreads from 0.6 pip, min ~$10,000
Primespreads 0.6-1.1 pip, min ~$50,000
Elite (raw)raw from 0.0 + commission €5 round-turn

Pros

βœ“Top-tier regulation
βœ“Smooth withdrawals
βœ“Funds with compensation scheme
βœ“Transparent operation
βœ“Good reputation

Cons

βœ—High costs
βœ—High minimum deposit

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Top tier22/22 pts
Why: Swiss BANK with FINMA banking license + FCA UK + CSSF Luxembourg + DFSA. NO offshore entity: even the rest of the world operates under the Swiss bank (FINMA) = a safety edge
Withdrawals / payments: Clean20/20 pts
Why: clean, no systemic delays or denials; complaints are about fees (bank transfer only)
Fund safety: Full (with compensation)15/15 pts
Why: segregated assets + esisuisse deposit protection up to CHF100k (bank-grade)
Transparency: Clear10/10 pts
Why: SIX-listed bank; minor CHF75k fine 2023 (ad-hoc disclosure)
Reputation: Strong10/10 pts
Why: bank founded 1996, listed on SIX (SQN); Trustpilot ~3.7
Costs: Expensive0/8 pts
Why: EURUSD ~1.7 pip, min $1,000; competes on safety/banking, not on cost

Flags detected

🚩[costs] expensive -> EURUSD ~1.7 pip, min $1,000; competes on safety/banking, not on cost

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