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Independent rating of Forex broker Swissquote

2/10 (votes 100)

On-line since
2002
Country of origin
Switzerland
Regulation
Member of NFA (ID: 0388715). Directly regulated by the Swiss Federal Department of Finance (FDF).
Payment options
Bank wire and PayPal
Minimum account size
2000 $
Minimum lot size
0.1 лот
Leverage
1:100
Spreads
3 пипса на EUR/USD
Swissquote was established in 2002.
From the first days of working, the Swissquote Company has tended to create a corporate culture the basis for which is enterprising spirit with reference to professionalism.
The main criteria of the Swissquote work are: providing a platform, able to meet competition; transparency of all aspects of working; low profit and no client chasing.
Nowadays, the broker Swissquote has representation offices in Dubai, Montevideo, New York and Zurich. The Company’s head-office is located in Geneva.

Comments

Author: Zyuki Date: 2021-08-26 03:55:31 (UTC+3)
They are a totally unreliable broker. They changed the spreads to higher as soon as I made a profit. Not the way to keep the traders. Their bonuses are ridiculous, and they make it quite hard to get even only your profit. They fail to complete withdrawals, and they actually canceled mine. Their customer support does not answer to client’s request about order execution in time. So hard to trade with this broker. I decided to close my account at this broker.
Author: Madda Date: 2021-04-16 02:50:54 (UTC+3)
Swissquote is not a reliable broker, but they are a cheater. I have been trading with them for almost a year. Everything was working well in the beginning. For the last two months, I have sent a withdrawal request and didn't process it yet until now. They used to process my withdrawal 6 hours after I sent a request, but now it's been two months I didn't get my money yet. I'm their royal client, but they still cheated me. I have no idea where's my money is now. They didn't notify me as well. They ignore my emails. My advice, stay away from this broker. And never trust your money with them.
Author: Nilha Date: 2021-04-01 06:45:39 (UTC+3)
Your money will only be wasted if you open an account at Swissquote. The customer support team is very unresponsive and their platform always has technical issues. They are only actively communicating with their clients at the start but after a while, they just become difficult to contact.
Author: Qeptali Date: 2021-02-08 07:32:55 (UTC+3)
I was trading with so many brokers for last three years, a relative of mine told me to try Swissquote, for me I found them the best broker I ever dealt with. I opened a live account with $3000 on October 2020 and I got $250 instantly as a 30% welcome bonus. I am very fulfilled with their trading system, platform, and support. After I traded frequently I got profits my balance is $1204 just in two months. On 14 January I asked for $1200 withdrawal through Neteller and 15th January I got my money. I will never change to another broker!
Author: Hermana Date: 2020-12-18 00:52:54 (UTC+3)
I had a terrible experience with Swissquote. Every day there is slippage on various pair. Last week got ever about 55 pips slippage on EUR/GBP pair. Day by day, they are getting worst. Besides this, I have been facing a withdrawal delay. Last three weeks, I have made a withdrawal request of $400 through Wire Transfer and they ask me to verify my account. After sending my all documents, they did not process it yet until now. They are untrusted broker, I would not recommend this broker!
Author: Marko Date: 2020-12-02 04:08:38 (UTC+3)
The starting capital is too high but their services are a little disappointing. I don't think it is worth it to invest on this broker. I am afraid I would only be wasting my time waiting to progress because their trading platform is not very stable. Ever since I started an account, I never had a single smooth trading activity. There would always be delays.
Author: Maeel Date: 2020-08-27 04:36:11 (UTC+3)
Everything was good with Swissquote, but once I requested for withdrawal, they refused my request. I have no idea why, I thought it was a normal delay and I thought it was fine if I had to wait for 2 or 3 days but they made me wait for 4 weeks, which is one month. And still there is no response at all from them. It was quite big amount of profit and I have to lose it. I decided to stop using this broker for my trading.
Author: Proshato Date: 2020-04-23 08:28:11 (UTC+3)
I have opened account with Swissquote on November 2019 have put there $350 and made some profit. Due to private circumstances didn't trade for last 2 months. Now on 4th march tried to log, on trading platform it showed that my account was disabled. I tried to contact support, they response me immediately. They told me that my account is archive due inactivity. Then they ask me to active this account. After login my client cabinet my account I found my balance is increased because of adding interest regularly. And now able to withdraw my money anytime. So I can say that they are reliable. I would recommend to all.
Author: Andy Date: 2016-10-11 09:21:05 (UTC+3)
Swissquote is a market maker with typical trading conditions, but solid license, that will make you trading more secure, but not easier. Crazy spreads and slippages make your trading much more harder. I advise to choose not only regulated brokers, but also ECN, without conflict of interestes. If you don’t know what companies to choose, add me in skype - vovkfx - i will help you to solve this problem.
Author: Turmann Date: 2016-09-21 15:21:04 (UTC+3)
Everything was good with this broker until I decided to withdraw my profits. They did not pay me, what I have earned, and they refused to give me an answer why. I waited more than 3 weeks for them to process my withdrawal request. Then I had a case with cancelled deal and decided to stop trading with this broker.

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