Swissquote positions itself as a multi-objective investment bank with two major business areas — CFDs and Forex trading in the UK and stocks, options, and futures merchandizing in Switzerland. Founded in 1996, the company has thousands of corporate and individual clients from all over the Globe.
Key Features of the Platform
With Swissquote, traders get free access to a wide range of markets. The number of Forex pairs provided by the broker is over 130. The list of CFDs includes 20 popular commodities with changeable prices, depending on multiple factors. Here, you can select one of the following pricing plans:
- Standard — with spreads starting from 1.7 pips and minimum deposit of $1’000.
- Premium — with the smallest allowable trade size 0.1 lot – 10’000 CCY.
- Prime — with spreads from 1.1 pips and $50’000 minimum deposit amount;
- Professional — with custom spreads, bespoke pricing, and volume based min. deposit.
The platform of Swissquote doesn’t charge any settlement and custody costs. It allows clients trade 5 days a week with low capital requirements and modest commissions.
There is also an education section in this system, where you can obtain actual data on each Forex and CFD product provided by the broker. For more advanced training in the sphere of merchandizing, you can apply to online webinars — an excellent opportunity to learn from the most successful traders.
Other Swissquote Hallmarks
Along with the free access to as many as 3 million products on major international stock exchanges, this company offers its client a number of other opportunities:
Robo-advisory services. The team of trade specialists will continuously monitors your trading activity, optimize your portfolio, and help you merchandize without any risks.
Referral program. If you like Swissquote, recommend it to your friends, invite them to join the system, and get your bonuses. The platform awards up to CHF 800 for each referral.
Introducing brokerage. Acting as an introducing broker, you will obtain numerous rewards, use a variety of high-end tools and an elaborate client tracking system.
Swissquote offers a number of important opportunities for everyone, from beginners to seasoned traders and even enterprises. With its rich choice of trading platforms and assets, it is considered to be one of the most promising European brokers.