FBRForex Broker Rating
SW

Swissquote Review

Updated regularly · Independent ratings

Overall 4.6
Overall Rating
4.6 / 5
Fees
4.5 / 5
Safety
4.7 / 5
Platforms
4.6 / 5
Education
3.8 / 5
Min. deposit
$1,000
ForexCFDsStocksETFsBondsFundsFuturesOptionsCryptocurrenciesPlatforms: Swissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)Regulators: FINMA (Switzerland), FCA (United Kingdom), DFSA (UAE), SFC (Hong Kong), MFSA (Malta), MAS (Singapore), CSSF (Luxembourg), CySEC (Cyprus), FSCA (South Africa)

Pros & Cons

Pros

  • Strong global regulatory oversight
  • Publicly listed on the SIX Swiss Exchange
  • Solid banking backgorund
  • Extensive product offering
  • Low forex trading fees
  • Multiple account currency options
  • Demo account availble for practice trading
  • Islamic (swap-free) accounts available
  • Fast and secure payment methods
  • Negative balance protection
  • User-friendly mobile and web platforms
  • Supports TradingView, MT4, and MT5
  • Supports algorithmic trading
  • No restrictions on trading strategies
  • Great customer support service

Cons

  • High minimum deposit
  • Limited research tools
  • Inactivity fee charged after 6 months of account inactivity
  • Educational content is limited
  • No integrated social, copy, and PAMM trading feature
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