Summary
Swissquote, founded in 1996 in Gland (Vaud), is a listed Swiss bank regulated by FINMA. For a Switzerland-based trader it is the most reassuring option: deposits are covered by the Swiss deposit guarantee up to CHF 100,000.
The safety choice for Swiss traders, at the price of higher fees.
Accounts and fees
Standard forex account from $1,000 (1.1 to 1.7 pips on EUR/USD, no commission). Elite account from $10,000: spread from 0.0 pip + $2.50 per lot. Inactivity fee on forex accounts after 6 months without activity (up to 10 currency units per month).
Platforms and markets
MT4, MT5 and Advanced Trader. Forex, CFDs, shares, ETFs, bonds and crypto from a real bank.
Trading conditions
| Regulation | FINMA (Swiss bank), FCA, SFC, DFSA |
|---|---|
| Minimum deposit | $1,000 for the Standard forex account ($10,000 for Elite) |
| Cost | Standard: 1.1 to 1.7 pips on EUR/USD; Elite: from 0.0 pip |
| Commission | Elite: $2.50 per lot; Standard commission-free |
| Platforms | MT4, MT5, Advanced Trader |
| Markets | Forex, CFDs, shares, ETFs, bonds, crypto |
| Leverage / margin | Depends on the entity (Swiss, EU or UK rules) |
Data checked in October 2026 on the broker's official website and specialist reviews. Fees and conditions can change: check them before opening an account.
Strengths and weaknesses
Strengths
- Swiss bank regulated by FINMA
- Deposits guaranteed up to CHF 100,000
- MT4 and MT5
- Shares and crypto too
Weaknesses
- High Standard spreads
- $1,000 minimum deposit
- Inactivity fee
Who is it for?
A good fit if you…
- Traders based in Switzerland
- Put safety first
Avoid if you…
- Small budgets ($1,000 minimum)
- Want the lowest costs
Score breakdown
Five criteria rated out of 10: real fees (spread and commission), strength of regulation, platforms, choice of markets and overall experience (track record, account opening, tools).
FAQ Swissquote
Is Swissquote a bank?
Yes, Swissquote Bank is a Swiss bank regulated by FINMA.
What deposit to trade forex?
$1,000 for the Standard account, $10,000 for the raw-spread Elite account.
CFDs and futures are leveraged products: most retail accounts lose money. Only trade money you can afford to lose.












