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Regarding the legitimacy of Swissquote forex brokers, it provides a comprehensive investigation into the security aspects of regulatory SFC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Influence E

Risk Control

Risk Manage

Is Swissquote safe?

The regulatory license is the strongest proof.

Leveraged FX

SFC Leveraged foreign exchange trading

Securities and Futures Commission of Hong Kong

Securities and Futures Commission of Hong Kong

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Leveraged foreign exchange trading
  • Licensed Institution:

    Swissquote Asia Limited Swissquote Asia Limited
  • Effective Date:

    2013-02-25
  • Email Address of Licensed Institution:

    compliance.hk@swissquote.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    swissquoteasia.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    香港中環花園道3號工商銀行大廈32樓3202-04室, Suites 3202-4, Level 32/F ICBC Tower 3 Garden Road Central, Hong Kong
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

Is Swissquote a scam, or is it legit?

The latest exposure and evaluation content of Swissquote brokers.

Swissquote randomly adds spreads and increases handling fees to deceive people
In July 2022, in a stock QQ group, a manager, Huang, recommended opening forex trading and copying orders. But I am a newbie, and I have no idea that Swissquote originally had no handling fees, and the spread is so high(I only learned about it later) that one lot costs US$50. After following them, I was tricked and lost all my money. I lost all my money by trading with them. I endured it and asked for nothing more than the return of the handling fees.
Be careful! The client manager is not regulated and can change the bank rules at will!
Third-party transfer is supported when opening an account. It's kind of friendly to begin with. After all the funds were deposited, their attitude changed quickly. Third-party transfers are no longer supported. The transfer I am talking about here is the transfer to a third-party personal account, not risk funds or transfer to other trading platforms and not even money laundering. And its official website so far says it supports third-party transfers. I'm still a frequent trader. But the client manager directly announced that it does not support or provide third-party transfer services, and refused to give a reason. Be careful, everyone: Swissquote's client managers can set their own rules and are not bound by Swissquote's rules. Even complaining does not solve the problem. This shows that the bank manager defaults that the client manager can not abide by the bank's rules and not give any reason to restrict the user's account functions. It is very convenient when the money goes in, but it is too difficult to withdraw the money. I contacted with the customer service manager, but there was no answer at all. This bank is totally dishonest and ride roughshod over its clients, and the client manager is very rude.. Like others such as Interactive Brokers and XM, all emails are 100% replied and they are very honest and professional. At least, they respect clients. Swissquote is the most arrogant and rude platform I have ever traded with. It's self-destructive for them to be dishonest and bully customers.
Gold and AUD has serious slippage. I ask customer service many times and they told me that it is normal. It is unreliable.
Gold and AUD has serious slippage. I ask customer service many times and they told me that it is normal. It is unreliable.
No risk reminder
Swissquote's customer service did not inform the transaction risks, and after doing it, the market felt extremely risky of liquidation. i applied for additional funds, but the funds have not arrived. caused me to blow up. unreliable
Swissquote's latest industry rating score is 5.88, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Swissquote If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.