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Swissquote Reviews and Comments written by real traders

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  16 Jan 2024
My decision to opt for Swissquote was primarily rooted in my pursuit of a secure and reputable broker. I meticulously scoured online reviews and conducted thorough research to ensure that I was entrusting my investments to a trustworthy company. However, my initial experience upon funding my account left me rather perplexed and frustrated. Swissquote subjected me to an arduous process, bombarding me with a barrage of 150 questions and document requests. This onboarding procedure was far from seamless. Furthermore, my journey with Swissquote unveiled certain shortcomings that warrant attention. Notably, the broker's fee structure features notably high commissions, which can significantly impact the overall profitability of trading activities. Equally concerning was the prolonged response time to inquiries and requests for guidance. Such delays in providing support or advice can be frustrating, especially when timely decisions are crucial in the fast-paced world of trading. On the brighter side, I encountered no complications with the withdrawal process, which was a relief. One undeniable merit of Swissquote is its possession of a license from the renowned regulator, FINMA (Swiss Financial Market Supervisory Authority). This regulatory accreditation undoubtedly bolsters the broker's credibility and instills a sense of security in its clients. Despite these advantages, I find myself contemplating the search for an alternative broker. The inconveniences and drawbacks encountered during my time with Swissquote have left me seeking a more efficient and responsive trading partner. While security and regulatory compliance are non-negotiable priorities for me, the quest for a broker that strikes a better balance between security and user-friendliness remains ongoing.
  21 Jul 2023
With Swissquote, I was able to reach a new level of income. This is a reliable and honest broker, which is a pleasure to work with. I appreciate the transparency of trading conditions and the absence of hidden fees in Swissquote. Stable broker, not one-day. Money is credited to the account quickly, no problems when making transactions. Small glitches once a month can be ignored. There are no problems with withdrawal either. All technical issues can be easily resolved through support.
  5 Jul 2023
Good services. Quick withdrawals and fair trading terms. I'm hoping that it will continue to be the same on the next days. Offers a large option of trading products. I've been trading a few stocks, and I consistently make nice returns. Friendly support and skilled brokers, too. Outstanding customer service. For the past two weeks, I can see potential on my trades. Wishing for a quick and simple withdrawal as well. I have found broker’s research and analysis to be highly valuable. Their market insights and economic calendar assist me in making informed trading decisions.
  20 Jun 2023
As for the work of Swissquote, I don't know yet, I can't say anything yet. Just the day before yesterday I registered an account with them. But, as for the broker's employees, I give the highest rating. They work competently, they are able to answer questions, they do not mumble something indistinct. The manager immediately proposed a work plan. In short, they make the right impression. There is hardly anything to dislike about this approach.
  10 Apr 2023
I have been trading forex for several years and this is one of the companies that consistently show a decent level. As for honesty and reliability, I can’t say anything bad either, at least for a year of work I have never had any problems. In general, I find reasons for a good review, because I withdraw small amounts from them every month. It is logical that in my eyes the broker looks more attractive than brokers with a carload of negative reviews about problems with execution and payouts.
  7 Nov 2022
I had an account at SwissQuote and they blocked all my funds without any notice. I can't invest or withdraw my money now. Support just answered later said they forwarded it to the department and havent received any answer since then. They already cost me profits because I could not invest. The company is a scam. Do not trade here!
  2 May 2022
Worst company to work with (fees are very high, costumer service is horrible ) for those reasons I lost money. reason why I closed my account with them.
  25 Nov 2019
I have been working with Swissquote Bank for the past 2 years, and I am very satisfied from execution time, spreads and withdrawal options and ease. I had no issue so far, so I am really satisfied and recommend them.
  2 Apr 2019
i v been client at swissquote since several years. one of my stock has been bought by another companie with a high premium. i was happy but swissquote told me my stock are valued at 0! i had to fight several months and threaten them before they admit (without any excuse) that my stocks were valued at 6 each. no excuse. their fees are not that low, i'll move to interactive brokers or saxo.
  18 Oct 2017
I am a victim of a binary option scam. After receiving constant calls from this broker to put in more money I went ahead because it was growing. I tried to withdrawal and my request was pending for a while I was also locked out of my account. I had to hire a refund professional to get my funds back.
  13 Jun 2016
I trust to Swiss banks that is why I am with this broker. And no regrets. I like its policy in everything even in that fact that there are no bonuses here. I trade on advanced account with deposit $50.000 (do not understand why it is not available for traders of Swissquote Bank Europe – the subsidiary). OK. Have chosen its platform Advanced Trader also and satisfied with its features. Here recording is progressive. The platform can be customized. I apply scalping while trading and that is rather successful within this platform.
  4 Jun 2016
This broker offers financial information in real time and provides the access to the world’s financial markets. It promises to make things with forex clear and it keeps to its promise! There are a range of solutions for various needs here. Its 5 trading accounts are with rather high initial deposits. I can trade with MT4, web platform, mobile apps. More than 60 currency pairs are available here and also other assets, which I am not interested in. And there are no any withdrawal limits. Unfortunately, it is not an ECN broker.
  16 Nov 2015
I am trading with him for 6 month. Everything is ok. Spread is medium. Can share my experience in trading with this broker. As for me, i am satisfied, cause i am sure that my trades are executed on real market
  29 Jun 2015
Do not real trade with them as its 100% scam and you will loose all deposit soon, and avoid to contact Silvia at help desk!
  3 Apr 2014
How to open an account from Russia? The only introducing broker I see is americanclearing.ru/forex.php
What about their platforms?
Swissquote has Russian speaking peoplle to help you to open an accouunt. Call the them or send an email
Johann   10 May 2014
  23 Feb 2014
They are my favorite broker last year because of their spreads but now they keep freezing my platform for unknown reason. I decided to minimize dealing with this broker because of that.
Their support is very good at fixing technical issues. Contac them with your problem and they will find a solution
Johann   10 May 2014
  9 Jun 2013
Before opening a real account in Swissquote I tried their $100000 demo account first. I was really impressed with the result. I didn't want taking risk to open an account with $2000 right in the beginning but it turned out fine eventually. The trading with Swissquote is very transparent and safe.
  3 Jun 2013
I have been a Swissquote client trading for 4 year. A few month back I start the forex with ACM and have liked the selection of the currencies, the pretty good spreads on majors and especially the important execution matter, I find no latency so far even the other day when I traded for first time the US NFP..
  4 Feb 2013
To be frank with you, I've been more and more disappointed with my Dukascopy Metatrader, now I hear that theys's getting rid of it. This is good news I read about ACM, they have always been a top ranked broker going by the awards but was waiting for them to get a licence, now they got it I'm gonna give them a try, and this Swissquote gives me the chance to look at equities an all.
  9 Jan 2013
Everyone has their own bank account which is not like in saxo, dukascopy or mig which you only have margin accounts.
  29 Nov 2012
I've been an ACM client for close on 4 years. The acquisition by Swissquote bank has not had no negative impact on either the trading conditions or service to me.

In the ever-evolving landscape of online banking and financial technology, Swissquote has stood as a pioneering force since its inception. Founded in 1990 by Marc Bürki and Paolo Buzzi, Swissquote has continually pushed the boundaries of what is possible in the world of finance. It all began with the establishment of Marvel Communications SA, a company specializing in financial software and web applications. Little did they know that this venture would lay the foundation for what would...

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