Home / Best Forex Brokers in Malaysia / Swissquote Broker Review

Swissquote Broker Review

FX Author By Jeffrey Cammack Author Information Updated: July 4, 2020
Overall Rating
3.60 3.60 / 5
Min. DepositUSD 1000
Max. Leverage400:1
Min. Spread1.7 pips
Regulators FCA
Regulator Origin FCA
Trading Desk Type

Summary

Swissquote is part of a large banking group specialising in the provision of online financial and trading services. This broker targets experienced traders, or serious beginners, as minimum deposits are much higher than with other similar brokers; however, the trading conditions reflect what clients should expect from a professional brokerage.

Supporting both award-winning proprietary software, as well as the MetaTrader suite, and offering premium analytical tools to clients for free, Swissquote is a broker for those who take trading seriously.

Reviews

Regulation 11110
Trading Conditions 11110
Trading Platforms 11110.5
Deposit & Withdrawal 11100
Education & Research 11000
Assets Available 1110.50
Customer Service 11100
Beginner Friendly Standard
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 1000
Base currenciesCHF, EUR, USD
Number of FX Pairs78
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD1.7
GBP / USD2
USD / JPY1.6

Company Details

Company nameSwissquote Group Holding Ltd
Founded1996
Website en.swissquote.com
Type Market Maker
Regulators FCA
Office locations Switzerland, Hong Kong, United Arab Emirates

Deposit & Withdrawal Methods

Supported Platforms for Swissquote

Alert Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 1110.50 3.60 / 5 11110.5 4.29 / 5 1110.50 3.33 / 5
Minimum DepositUSD 1000USD 100USD 200
Regulation
FCA FCA
CySEC CySEC
FCA FCA
ASIC ASIC
FSCA FSCA
CySEC CySEC
FCA FCA
ASIC ASIC
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Equities, Bonds, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities
Forex Pairs788547
Crypto Pairs5516
Pros
  • Great platform choice
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Well regulated
  • Good for beginners
  • Innovative trading tools
Cons
  • High minimum deposit
  • Limited education
  • Poor customer service
  • Expensive withdrawals
  • Limited education
  • Wide spreads
Read Full Review Read Full Review
Regulation 11110 4 / 5 11111 5 / 5 11111 5 / 5
Trading Conditions 11110 4 / 5 11110.5 4.5 / 5 11000 2 / 5
Trading Platforms 11110.5 4.5 / 5 11110 4 / 5 11110 4 / 5
Deposit & Withdrawal 11100 3 / 5 11110.5 4.5 / 5 11000 2 / 5
Education & Research 11000 2 / 5 1110.50 3.5 / 5 10.5000 1.5 / 5
Assets Available 1110.50 3.5 / 5 11110.5 4.5 / 5 11110 4 / 5
Customer Service 11100 3 / 5 1110.50 3.5 / 5 11110 4 / 5
% Lose with this broker 77% of retail investor accounts lose money when trading CFDs with this provider 75.35% of retail investor accounts lose money when trading CFDs with this provider 62% of retail investor accounts lose money when trading CFDs with this provider
Leverage400:1500:1400:1
Spread1.7 pips0.0 pips2.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • Standard (Professional)
  • STP/ECN Zero Spread (Professional)
  • Standard (Standard)
Islamic Account Yes Yes Yes
Trading Platforms AdvancedTrader, MT4 , MT5 MT4 etoro
Funding Methods Bank Transfer, Visa, Mastercard, Unionpay Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Unionpay, Fasapay Visa, Mastercard, Neteller, Unionpay, Skrill, Paypal
Trading Commission Fees Included in Spread Zero Accounts Fees Included in Spread
Clear all brokers Clear all brokers

Swissquote

Visit Website

IronFX

Visit Website

eToro

Visit Website
Overall Rating 1110.50 3.60 / 5 11110.5 4.29 / 5 1110.50 3.33 / 5
Minimum DepositUSD 1000USD 100USD 200
Regulation
FCA FCA
CySEC CySEC
FCA FCA
ASIC ASIC
FSCA FSCA
CySEC CySEC
FCA FCA
ASIC ASIC
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Equities, Bonds, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities
Forex Pairs788547
Crypto Pairs5516
Pros
  • Great platform choice
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Well regulated
  • Good for beginners
  • Innovative trading tools
Cons
  • High minimum deposit
  • Limited education
  • Poor customer service
  • Expensive withdrawals
  • Limited education
  • Wide spreads
Read Full Review Read Full Review
Regulation 11110 4 / 5 11111 5 / 5 11111 5 / 5
Trading Conditions 11110 4 / 5 11110.5 4.5 / 5 11000 2 / 5
Trading Platforms 11110.5 4.5 / 5 11110 4 / 5 11110 4 / 5
Deposit & Withdrawal 11100 3 / 5 11110.5 4.5 / 5 11000 2 / 5
Education & Research 11000 2 / 5 1110.50 3.5 / 5 10.5000 1.5 / 5
Assets Available 1110.50 3.5 / 5 11110.5 4.5 / 5 11110 4 / 5
Customer Service 11100 3 / 5 1110.50 3.5 / 5 11110 4 / 5
% Lose with this broker 77% of retail investor accounts lose money when trading CFDs with this provider 75.35% of retail investor accounts lose money when trading CFDs with this provider 62% of retail investor accounts lose money when trading CFDs with this provider
Leverage400:1500:1400:1
Spread1.7 pips0.0 pips2.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • Standard (Professional)
  • STP/ECN Zero Spread (Professional)
  • Standard (Standard)
Islamic Account Yes Yes Yes
Trading Platforms AdvancedTrader, MT4 , MT5 MT4 etoro
Funding Methods Bank Transfer, Visa, Mastercard, Unionpay Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Unionpay, Fasapay Visa, Mastercard, Neteller, Unionpay, Skrill, Paypal
Trading Commission Fees Included in Spread Zero Accounts Fees Included in Spread

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Visit Swissquote

Alert Most retail CFD accounts lose money. Your capital is at risk.

>