Swissquote is an online brokerage firm that is headquartered in Gland, Switzerland, with representatives in Bern, Dubai, Malta, London, Hong Kong, and Zurich. The broker provides their clients with a variety of award-winning trading solutions across multiple asset classes, including Cryptocurrencies, forex, stocks, indices, options, bonds, ETFs, metals, and energies. Swissquote currently provides trading services with fast execution and zero commission to over 340,000 clients around the world.
Markets
When it comes to your choice of financial instruments, it really is hard to beat Swissquote. You will find that they have a huge range of over 3,000,000 instruments which is more than I have seen from any other broker. This wide variety includes forex CFDs on major, minor and exotic currency pairs. You can also trade stocks, indices, commodities, ETFs, crypto, options and more.
Platforms
Swissquote provides trading services to its clients via 3 flexible and user-friendly platforms: MetaTrader 4, MetaTrader 5, and their proprietary Advanced Trader. These platforms have some in-built plugins and tools for easier trading and are available as web terminals, mobile apps, and desktop applications. A user may visit compatible app stores to download and access mobile apps.
Tools
The tools include AutoChartist and Robo-Advisory. AutoChartist helps traders to scan the market for trading opportunities and to evaluate the effects of economic actions on certain instruments, whereas, Robo-Advisory helps traders create a regularly optimized and personalized portfolio.
Education
Swissquote continues to furnish their clients with educational materials and platforms to help them attain their full potentials. Courtesy of Swissquote, traders can access videos, eBooks, and articles on trading tools, market analysis and more. The broker organizes regular webinars in multiple languages and releases regular market reports which traders can use in making trading decisions.
Finally, Swissquote publishes an in-house magazine containing insights from successful traders around the world. It also has an online networking platform called ‘Swissquote Pulse’ where traders can share market news and analysis.
Conclusion
Swissquote is a trading broker with an international repute offering high-speed execution competitive spreads in a wide range of instruments. Their customer support is easily reachable.
Swissquote
Pros
- Huge selection of financial instruments
- Professional trading platforms and apps
- High-quality market research tools
- A wide range of educational resources
Cons
- Minimum deposit is $1,000
- Cannot accept USA traders
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
