Swissquote Bank Account Types

　　Swissquote Bank offers three main types of trading accounts designed for different levels of investors: Standard, Premium, and Prime accounts.

• Standard Account
• Minimum Deposit: $1,000
• Spreads: From 1.7 pips
• Commission: None
• Leverage: Up to 1:100
• Minimum Trade Size: 0.01 lots
• Premium Account
• Minimum Deposit: $10,000
• Spreads: From 1.4 pips
• Commission: None
• Leverage: Up to 1:100
• Minimum Trade Size: 0.01 lots
• Prime Account
• Minimum Deposit: $50,000
• Spreads: From 1.1 pips
• Commission: None
• Leverage: Up to 1:100
• Minimum Trade Size: 0.01 lots

　　All accounts come with features such as negative balance protection and access to multiple trading platforms, including MetaTrader 4, MetaTrader 5, and the proprietary Advanced Trader platform.

　　

Swissquote Broker Account Opening Process

　　Opening an account with Swissquote is a straightforward process that can be completed online. Here are the steps involved:

• 　　Visit the Swissquote Website: Go to the official Swissquote website and click on "Open your account".

• 　　Fill in Personal Details: Enter your personal information, including your name, email address, phone number, and address.

• 　　Select Account Type: Choose the type of account you wish to open (Standard, Premium, or Prime).

• 　　Identity Verification: Provide necessary identification documents (passport or ID card) and proof of residence (not older than 6 months). You will also need access to a camera for digital verification.

• 　　Complete KYC Process: Fill out the client profile, including financial information and trading experience.

• 　　Submit Application: Review all entered information for accuracy and submit your application.

• 　　Account Approval: After successful verification, you will receive your account credentials via email.

　　Once your account is created, you can deposit funds and start trading. The minimum deposit required to activate your account varies by account type, starting from $1,000 for the Standard account.