My review of the Swissquote platform (April 2025)

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Swissquote is one of the leaders in online trading in Switzerland, and also positions itself as a complete digital bank. The platform, rated 3.9/5 out of over 1,900 reviews on Trustpilot, is particularly renowned for the quality of its regulation, its meticulous proprietary interface, and the diversity of its instruments available for real purchase or via CFD.

I’ve spent the last 6 months signing up, testing, and thoroughly analysing Swissquote, and I've sought to compare the platform to other regulated and popular online brokers in Ireland.

In short, I was trying to answer questions like: can Swissquote be trusted? Is the platform easy to use and intuitive for beginners? How much does it cost to trade with Swissquote, and is it possible to build a diversified portfolio of assets? What features does the trader offer vs. other online brokers?

So I scrutinised everything: account opening process, management and trading fees, available financial instruments, features, platform simplicity (desktop and mobile), and trading tools, etc. Below, I share my in-depth analysis of the Swissquote broker (compared to other platforms tested).

What to think of Swissquote?

My overall opinion on Swissquote

After several weeks of testing, I can say that Swissquote clearly distinguishes itself from the majority of online brokers, notably by its banking regulation in Switzerland and its hybrid positioning between an investment bank and a trading platform. The platform is solid, reliable, and allows access to both traditional markets (stocks, bonds, ETF) and more dynamic products such as CFDs, Forex, or cryptocurrencies.

On the asset side, the offering is among the widest I have tested: more than 60 accessible global markets, 3,000 stocks, around fifty currency pairs, ETFs, indices, commodities, structured products, and even direct cryptos. The possibility of investing both directly (excluding CFDs) and with leverage is a real plus for mixing long-term and short-term approaches.

Regarding tools, the Swissquote proprietary platform is well-designed, ergonomic, and accessible via browser and mobile application. More technical traders can switch to MetaTrader 4 or 5 depending on their profile. I appreciated the screening tools, fundamental analyses, and integrated news feeds. However, there is no native copy trading solution, which may be missing for some.

The fees are higher than at purely CFD or low-cost brokers. For example, stock commissions can reach €10 per order, and conversion fees up to 1%. However, spreads are quite competitive on Forex, especially with the Prime account. Pricing transparency is good, with very few hidden fees.

Finally, in terms of security, Swissquote is, in my opinion, irreproachable: regulated by the FINMA, and with segregated client funds, additional protection thanks to its banking status, and secure access via strong authentication. It is a platform in which I have complete confidence to house a significant portion of my trading capital.

Which trader profile is best suited to Swissquote?

=> For experienced investors who want access to a wide range of instruments while benefiting from a rigorous regulatory framework. Swissquote offers an impressive diversity of markets, with access to over 60 global exchanges, and allows for genuine long-term investment with real ownership of shares and ETFs, which is rare for a trading-oriented platform.

=> For professional or active traders who are looking for stable execution and powerful trading tools like MetaTrader 5 or the in-house eTrading platform. The Prime account, for example, allows you to benefit from reduced pricing conditions from a deposit of €10,000, with competitive spreads on Forex and optimised fees for frequent orders.

=> For Forex and CFD traders who want to trade with leverage in a secure environment. Swissquote offers leverage up to 1:30 for retail clients and up to 1:100 for professionals, with a varied selection of currencies, indices and commodities. Risk management is facilitated by comprehensive stop loss and margin tracking tools.

On the other hand, Swissquote may be less suitable for small investors or novice traders looking for low entry fees. The high minimum deposit (€1,000) and fixed brokerage fees per order may deter those who wish to start with small positions or test without too much financial commitment.

Swissquote in a few seconds is:

My Opinion on the Security and Reliability of Swissquote Broker

As a trader, I consider Swissquote to be one of the most reliable brokers on the market. Its status as a Swiss bank, its supervision by FINMA and its strict regulatory obligations make it a safe bet for trading with confidence, especially from Ireland where it is fully authorised to offer its services.

Swissquote enjoys a solid reputation in the banking and online brokerage world, particularly thanks to its unique status as an online bank. For a trader based in Ireland, it is a reassuring choice both in terms of regulatory and operational aspects. The tools provided also allow for good control of market risks.

=> In my opinion, Swissquote is one of the few brokers that combines the security of a bank, access to global markets, and robust tools for active trading. It's a trustworthy player.

My opinion on the fees, spreads and commissions applied on Swissquote

What I noticed with Swissquote is a rather high-end fee structure, reflecting its position as a Swiss online bank. The fees are clearly displayed, but higher than those of many low-cost CFD brokers, especially for stocks and withdrawals. However, the quality of service, security and range of instruments offered justify, in my opinion, some of these costs.

The basic account allows trading a very wide range of assets, but it's clearly not the most economical platform for ultra-frequent trading. Spreads are decent on Forex (from 0.6 pips), and fixed fees are mainly visible on stocks, ETFs or withdrawals. In my opinion, Swissquote is primarily aimed at investors who prioritize a secure framework and reliable tools rather than an aggressive pricing policy.

Let's now look in detail at the broker's fee schedule.

What are the account fees?

I found Swissquote's pricing policy to be generally transparent but a little high on certain operations, such as currency conversions or withdrawals. There are no management fees, which slightly compensates, and the account remains accessible without volume conditions. For demanding investors, this is acceptable, but you need to be aware of it.

The minimum deposit of €1,000 is relatively high compared to other online brokers. This confirms that Swissquote is targeting a more engaged user profile, who wants to access banking services in addition to a multi-asset trading account.

Trader Tip

To limit conversion fees, I use Revolut or Wise to transfer my funds in CHF or EUR before depositing them. And to avoid inactivity fees, I have set a monthly alert to log into the account, even if I am not trading.

What are the fees on stocks and ETFs?

Swissquote offers a genuine long-term investment opportunity, with the purchase of stocks and ETFs on a cash basis, which remains rare for a platform also specialising in CFD trading. The fixed fees are clearly higher than at neo-brokers such as Trade Republic or Boursorama, but in exchange, you benefit from multi-market access, a quality interface and Swiss banking support. For more frequent investments or small amounts, these fees may however weigh on profitability.

What are the fees on cryptocurrencies?

Swissquote remains more expensive than crypto exchanges like Binance, Bybit, or Kraken, but the broker caters to investors seeking a regulated and secure framework to buy cryptos. Purchases are made directly, without leverage by default, and crypto-assets are held by Swissquote in partnership with cold storage solutions. For staking or very frequent operations, it is better to go through a specialized platform. For long-term holding, Swissquote is a safe alternative in Ireland.

What are the CFD fees?

I found Swissquote's CFD pricing to be quite competitive on certain assets like Forex and indices, but a bit higher on stocks and crypto CFDs. The interface allows you to clearly see the cost of a position before opening it, which limits unpleasant surprises. Overnight fees are standard but can quickly weigh on long positions. It is therefore better to favour short-term strategies.

Trader Tip

If you trade crypto CFDs, keep a close eye on the overnight fee schedule. Swissquote charges for positions opened after 11:00 PM (Irish time), so it's best to close before this time to avoid accumulating fees over several days.

My opinion on the assets & markets available on Swissquote

In testing Swissquote, I was impressed by the breadth of its offering. It's one of the few Irish brokers to offer both CFD trading and direct investment in equities, ETFs and bonds. You can access over 60 markets worldwide, which opens the door to true international diversification.

The cryptocurrency catalog is a bit more limited than at specialized exchanges, but it covers the main market capitalizations. What makes the difference in my opinion is the possibility of having direct exposure to all these assets from a single secure banking interface, without multiplying accounts or platforms. This is a real plus for those who want to centralize their wealth management.

My opinion on the platform

As a trader, I have found the Swissquote platform to be particularly well-designed for managing a diversified portfolio. The mobile app allows you to track your positions in real time, the Web and MetaTrader interfaces offer advanced technical tools, and asset searching is fast, fluid and reliable.

I also appreciated the possibility of investing directly in stocks, ETFs and even bonds, which is not common among online brokers. The platform is aimed at both technical traders and long-term investors, with a real professional navigation structure.

Trader Tip

Activate smart notifications in the Swissquote app to track your alert levels on the assets you are watching in real time. This allows you to react quickly, especially if you are working in parallel or don’t always have your eye on your charts.

Client Reviews: What Users Think of Swissquote

Swissquote has an average rating of 3.9/5 on Trustpilot, based on 1,941 reviews. This is a solid score that generally reflects users' confidence in this online trading-oriented bank. Many clients appreciate the Swiss reliability and transparency of services, although some frustrations emerge regarding fees and customer service.

Among the most frequently cited positive points are: the quality of the web and mobile platform, the variety of instruments available and the stability of the services. The security of funds and regulation in Switzerland are also elements that reassure many users.

On the criticism side, several users complain about sometimes high fees, especially on withdrawals or stocks. Others point out slow response times from customer support, especially during peak activity. Some comments also mention a lack of clarity in the pricing structure.

Examples of customer reviews:

D.B (February 12, 2024) : « Very good interface and Swiss reliability, but fees are too high for small portfolios. »

H.H (January 23, 2024) : « The mobile application is very well done, but customer service sometimes takes a while to respond. »

C.R (March 7, 2024) : « Swissquote remains one of the safest platforms to invest in, but pay attention to withdrawal fees. »

Account opening, deposits and withdrawals at Swissquote

Opening an account

Opening an account with Swissquote was straightforward. I found the procedure well-designed, with a secure and fluid interface for submitting documents. Validation was quick, in less than 24 hours in my case. Here are the steps to follow:

• Access the account opening form on the Swissquote website
• Fill in your personal details and choose the account type (eTrading, Forex/CFD, Robo-Advisor)
• Answer the regulatory financial assessment questionnaire
• Upload your proof of identity and a recent proof of address
• Sign the contract electronically
• Wait for the confirmation email and log in to your client area

Good to know

The demo account can be activated once the account opening has been validated. It allows you to test the platform with virtual funds on the real Swissquote interface, which is ideal for getting your bearings before investing.

Swissquote Deposits and Withdrawals

Swissquote offers a highly secure deposit and withdrawal system, although it's a bit more rigid than some other brokers. Bank transfer is the only method allowed, which can extend processing times (1 to 3 business days on average). However, funds are easily identified, traceable, and fees are transparent.

Trader Tip

To avoid unnecessary exchange fees, open your account in the same currency as your primary bank if possible. This allows you to deposit without conversion, especially if you trade in EUR or CHF.

Account Types Available on Swissquote

Swissquote offers a structured range of account types tailored to various profiles, from long-term investors to active traders. What sets it apart is the ability to invest both directly in the markets and via CFDs, with a high level of security and a professional interface.

✅ Remarque
Swissquote permet d’ouvrir plusieurs comptes selon les besoins : un compte eTrading pour les actions au comptant, un compte CFD pour le trading à effet de levier, ou encore un compte Forex dédié. L’interface est centralisée, mais chaque compte est techniquement séparé.

Conclusion: should you invest with Swissquote?

After several weeks of testing, I can say that Swissquote is a serious platform, designed for independent and demanding investors. What stood out for me was the stability of the interface, the wealth of accessible markets (equities, ETFs, currencies, CFDs, bonds) and the Swiss regulatory framework, which reinforces confidence.

I particularly appreciated the possibility of combining a long-term portfolio with a CFD account for more dynamic strategies. The fees are transparent, the user experience is smooth, and the security of funds is at a very good level thanks to the regulation in Ireland and the protection of deposits.

In summary, Swissquote caters to traders who want a reliable, multi-platform solution capable of covering all needs, from traditional investment to advanced analysis on MetaTrader 5.

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.