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Swissquote Forex Broker keeps up-to-date with the latest trading account information, including ELITE, PRIME, PREMIUM maximum leverage of --, trading varieties, and more
Rating Index
Pros
Well-regulated and trusted broker with multiple licenses (FINMA, FCA, etc.)
Wide range of trading instruments, including forex, stocks, commodities, and cryptocurrencies
User-friendly platforms and comprehensive educational resources for traders of all levels
Cons
Higher trading fees compared to some foreign brokers
Relatively high minimum deposit requirement of $1,000
Limited leverage options, which may not suit more experienced traders seeking higher risk exposure
Swissquote broker Accounts
ELITE
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
EUR/USD/GBP/CHF 10000
Minimum Spread
from 0.0
Depositing Method
(3+) MASTER VISA
Withdrawal Method
(3+) VISA MASTER
Minimum position
--
Commission
EUR 2,5 PER SIDE PER LOT TRADED
Products
--
PRIME
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
EUR/USD/GBP/CHF 5000
Minimum Spread
from 0.6
Depositing Method
(3+) MASTER VISA
Withdrawal Method
(3+) MASTER VISA
Minimum position
--
Commission
--
Products
--
PREMIUM
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
EUR/USD/GBP/CHF 1000
Minimum Spread
from 1.3
Depositing Method
(3+) MASTER VISA
Withdrawal Method
(3+) MASTER VISA
Minimum position
--
Commission
--
Products
--
Swissquote Account Type
Swissquote offers several types of trading accounts tailored to different trader needs. The available account types include:
- Standard Account
- Minimum Deposit: $1,000
- Spreads: From 1.7 pips
- Commission: None
- Leverage: 1:100
- Minimum Trade Size: 0.01 lot (1,000 currency units)
- Inactivity Fee: 10 account currency units per month after 6 months of inactivity
- Premium Account
- Minimum Deposit: $10,000
- Spreads: From 1.4 pips
- Commission: None
- Leverage: 1:100
- Minimum Trade Size: 0.1 lot (10,000 currency units)
- Inactivity Fee: 10 account currency units per month after 6 months of inactivity
- Prime Account
- Minimum Deposit: $50,000
- Spreads: From 1.1 pips
- Commission: None
- Leverage: 1:100
- Minimum Trade Size: 1 lot (100,000 currency units)
- Inactivity Fee: 10 account currency units per month after 6 months of inactivity
- Professional Account
- Minimum Deposit: Volume-based (customized)
- Spreads: Custom spreads
- Commission: Varies based on trading volume
- Leverage: Custom (upon request)
- Inactivity Fee: 10 account currency units per month after 6 months of inactivity
Additionally, Islamic accounts are available upon request, offering swap-free trading options.
Swissquote Broker Account Opening Process
Opening an account with Swissquote is a straightforward process that can be completed in just a few steps:
- Visit the Swissquote Website: Go to the official Swissquote website and click on the "Start Trading" button.
- Choose Account Type: Select the type of account you wish to open (Standard, Premium, Prime, or Professional).
- Fill Out Registration Form: Provide your personal information, including your name, email address, phone number, and proof of residence.
- Identity Verification: Complete the identity verification process by uploading a valid ID document and proof of residence (not older than 6 months).
- Deposit Funds: After your account is verified, you will need to deposit the minimum required amount to activate your account.
- Start Trading: Once your account is funded, you can access the trading platforms and start trading.
The entire process typically takes around 24 hours for account verification.
Swissquote Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Swissquote accounts can be viewed for products that can be traded -- accounts with a minimum deposit of EUR/USD/GBP/CHF 10000 by (2+) (3+) MASTER VISA.