Swissquote Bank Review
Swissquote offers a unique solution of using trading recommendations based on numerical methods. The company represents the quality of the corporate level. It is a high-tech broker with an excellent reputation and comfortable conditions for trading. Here novice traders can safely polish their trading strategies by studying market indicators, reliable expert reports, technical analysis of the market, and other materials.
Swissquote Bank is a major provider of online financial and trading services in Switzerland. The company was founded in 1996 as a financial platform, for the first time in the history of financial markets offering private investors direct access to various assets on the Swiss stock exchange in real time.
Since May 2000, the bank’s shares have been listed on the stock exchange (SIX Swiss Exchange). The headquarters of the Swissquote Bank is in Gland, Switzerland, with offices in Zurich, Malta and Dubai, the United Arab Emirates. In the same year, Swissquote Bank received a banking license and became the first online bank in Switzerland.
Trading Characteristics
Swissquote provides its clients with the following range of services:
- trading on Forex, commodities and stock indices;
- Free Autochartist;
- MAM accounts are available on the Advanced Trader and MetaTrader 4 trading platforms;
- business training;
- partnership programs;
- multilingual client support in 24/5 mode.
Trading Terms
Swissquote offers a choice of three trading accounts: Standard, Premium and Prime.
Over 100 products are available for trading on the Advanced Trader, MetaTrader 4 and MetaTrader 5 platforms. The Advanced Trader platform provides access to currency pairs, commodities and stock indexes; on MetaTrader 4/5 – currency pairs, commodities, stock indices and bonds.
The minimum volume of transactions on MetaTrader 4/5 platforms is 0.01 lots, the maximum is 200; on Advanced Trader min, the transaction volume was 1,000 of the base currency, max – 10,000,000.
Regardless of the type of the chosen account, trading has fixed spreads: Prime spreads from 1.3 pips, Premium at least 1.6 pips, Standard accounts from 1.8 pips.
Note! Forward products are subject to one-time fees: for Standard accounts from $ 6, for Premium accounts from $ 3. The commission on Prime accounts is not charged.
Types of affiliate programs:
– Fund manager;
– Introducing broker;
– Rebranding partnership.
You can replenish your account and withdraw funds via bank transfer and credit card.
README! The recommended minimum withdrawal is $ 100.
Clients’ money are kept on segregated deposits in swiss banks
4 types of platforms for trading stocks, currency pairs derivatives
Registered in 1996 - reliable as a Swiss bank
