Swissquote

Swissquote is a Swiss banking group specializing in online financial and trading services. It is the leading online bank in Switzerland, offering a secure platform for trading forex, CFDs, stocks, ETFs, and cryptocurrencies. Because it holds a banking license, Swissquote offers a level of security and deposit protection that standard brokers cannot match.

The platform caters to both retail and institutional clients, providing access to over 3 million financial products. It is known for its "Themes Trading" certificates and robo-advisory services. Swissquote is a legitimate, publicly listed bank regulated by FINMA, making it one of the safest places in the world to trade and hold assets.

Frequently Asked Questions

1. Is Swissquote a real bank?

Yes, Swissquote holds a banking license issued by the Swiss Financial Market Supervisory Authority (FINMA). This means your cash deposits are protected by the Swiss deposit insurance scheme (esisuisse) up to CHF 100,000 in the event of bankruptcy.

2. Can I trade crypto?

Yes, Swissquote offers a comprehensive crypto trading platform where you can buy and hold actual cryptocurrencies (not just CFDs). They also offer crypto staking and their own exchange-traded certificates for crypto baskets.

3. specific minimum deposit?

The minimum deposit to open a trading account is typically CHF 1,000 (or equivalent in USD/EUR). While this is higher than many discount brokers, it reflects their premium banking service and regulatory standing.

4. What platforms are available?

Swissquote offers its own proprietary platform "eTrading" for stocks and "Advanced Trader" for forex. They also fully support MetaTrader 4 and MetaTrader 5 for forex and CFD traders who prefer the industry standard interface.

5. Is it available to international clients?

Yes, Swissquote accepts clients from many countries around the world, including the UK and UAE (via local subsidiaries). However, they generally do not accept US residents due to FATCA and strict US regulatory requirements.