Education The learning center as it is called provides traders with all the fundamentals they need to know. Cryptocurrency traded as CFD. Currency Pairs Total Forex pairs. The platform mainly caters to traders who have used other trading platforms like the ones developed by Metaquotes Software Ltd. Bank-Wire Tranfser and Bank Card.
The Swissquote Bank financial platform sees more traffic than anything comparable in Switzerland and is secure and user-friendly. The research and analysis tools and real-time information it provides give you everything you need to invest in the financial markets.
Swissquote Bank Review
But regulators and regulation is not the only factor which has boost its reputation. The difference is as clear as night and day. The service has added a cutting edge trading platform called Advanced Trader.
It is one of the most user-friendly platforms which allows traders to easily trade from a web browser on their desktop computer or a mobile device.
The platform mainly caters to traders who have used other trading platforms like the ones developed by Metaquotes Software Ltd. So, traders can opt for any platform they are comfortable using.
Swissquote has also improved the level of their customer service tremendously over the years. Nowadays the website is available in many different languages other than English making it easier for non-English speakers to trade and seek help when in need.
Getting in touch with the support staff is also very easy and can be done via an array of methods. The company has support centers in Hong Kong, London, Dubai, and Malta which aim to provide a high level of customized support to traders. All the significant changes made by Swissquote after the acquisition has lead to an increase in the number of clients. The client base today stands at over , accounts with new traders signing up each day.
The broker is also ranked amongst the top 10 online forex businesses in the world. One of the most significant advantages that Swissquote provides to their clients is in the form of their Advanced Trader which is a proprietary platform developed by the company. The platform was built from the ground up with the goal of it being able to operate seamlessly as both a web or mobile application as well as a desktop application.
Essentially this level of flexibility allows traders to take advantage of numerous profitable trading opportunities. Most traders who have been in the industry for a while know that the MT4 or MetaTrader4 platform is considered the defacto standard. The MetaTrader5 platform is an upgrade over its predecessor and offers a number of new features built into it.
The learning center as it is called provides traders with all the fundamentals they need to know. The educational material is geared towards traders of all levels and varying experience. Textual explanations are also available for a number of topics which include basic forex info like the Advantages of Forex Trading, Market Participants, and the Origins of Forex Trading, etc. Interestingly none of these lessons are available in video format like with other competing brokers IQ Option , Plus , Interactive Brokers in the industry.
The website also hosts discussions on various other topics of a technical nature like Forex fundamental analysis versus forex technical or using forex technical indicators like the Relative Strength Index, Number theory, Stochastic Oscillator, Gaps, Charts, Moving Average Convergence Divergence, etc.
The company sends a regular newsletter as well as a snapshot thrice a day in addition to weekly market analysis, daily market brief and a technical report. All of this information is imperative to making successful trades. Swissquote also provides a complete suite of financial terms coupled with an economic calendar that traders can use to track their trades. The broker currently offers three types of trading accounts, and each has its own minimum deposit requirements:.
We were not able to find any promotions and bonuses offered by Swissquote when reviewing the service. However, the company certainly make an effort to ensure that everyone visiting the website and perhaps every trader knew that they were the official online financial and forex trading partner for Manchester United.
The partnership between Swuissquote and Manchester United started in as a way to share its expertise of the trading industry with the professional football team and other teams as well. Traders can easily deposit funds into their trading accounts via credit cards, Chinese UnionPay, and bank transfer. The company does not impose a minimum amount for fund deposits.
Customer support is mainly handled via email, telephone, and live chat. With offices all around the world, SwissQuote has been present in almost all parts of the world for a very long time now. Being heavily regulated which will be further explained in the following part of this review, SwissQuote is one of the most trusted brokers for Forex trading that are currently present on the market.
What this Forex broker is providing to their clients can be characterized as really competitive conditions in which clients conduct the trade with the clients always being the centre of attention as well as the environment that is optimally organized for the biggest benefit of a client.
The prestige that the entire banking sector of Switzerland is so proud of has also become an inevitable part of the SwissQuote Forex broker. The SwissQuote Forex broker has been established in and since then it has spread all over the world. Today, their offices can be found in Bern, Zurich, London, Hong Kong, Malta, Dubai and more than employees are taking care of the clients and making sure that they have everything they need when they are trading with currencies on the Forex market.
In addition to what has already been mentioned in terms of regulation, it must also be mentioned that SwissQuote is currently present in the United Kingdom as well. In the UK, this broker for Forex trading is registered under the name SwissQuote Ltd and it is regulated by the Financial Conduct Agency which has one of the toughest regulations when it comes to the online trading, including trading of currencies.
Besides providing the services of the Forex broker, this company is also providing services in the aspects of commodities, indices and many other types of online trade. SwissQuote is not without a reason in the top 10 brokers for Forex trade in the world. One of the reasons why this broker is having such reviews is the fact that it provides two different trading platforms for their clients and those platforms are:. Both of these trading platforms were developed by Metaquote Software Ltd and they are considered to be the best on the market of Forex trading.
The MT4 trading platform is the standard that is present in almost the entire market that provide their clients with the some of the most comprehensive features for Forex trading that is used for providing the clients with the best possible conditions for Forex trading.
On the other hand, the MT5 trading platform is the more recent version of the trading platform and it provides many different features that the clients can use while conducting the Forex trade through this broker. SwissQuote broker for Forex trading is providing their clients with the selection of three different account types that clients can choose according to their wishes and needs.
Commissions & Fees
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. Swissquote Bank Deposits & Withdrawals Options As for the depositing and withdrawals of funds at Swissquote Bank, the broker currently has provided 4 main types of payment options. They include Bank deposits, Bank wire transfer, credit cards and . Apr 03, · Founded in , Swissquote (SWX:SQN) became publicly listed in on the SIX Swiss stock exchange and has since grown to be a leading brokerage with subsidiaries regulated in Malta, the United Kingdom, United Arab Emirates, and Hong Kong. Swissquote also holds a Swiss banking license from FINMA in Switzerland.4/5.