Swissquote review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Swissquote runs a Swiss bank entity under CSSF supervision with EU investor compensation, so it suits traders who want a bank behind the account. The trade-off is entry cost: a stock trade fee of $20 and a minimum deposit of $1,000 sit well above cheaper rivals.
Key facts
- Best for
- Active forex and CFD traders who want a regulated bank entity and a demo account to practise on.
- Minimum deposit
- $1,000 (Source, checked September 26, 2026)
- Stock trade fee
- $20 (Source, checked September 26, 2026)
- Inactivity fee
- $10 (Source, checked September 26, 2026)
- Markets
- Stocks, Forex, CFDs, Crypto (Source, checked September 26, 2026)
- Regulators
- Commission de Surveillance du Secteur Financier (CSSF) (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Maximum retail leverage
- 1:100 (Source, checked September 26, 2026)
- Legal entity
- Swissquote Bank Europe SA (Source, checked September 26, 2026)
- Headquarters
- Luxembourg (Source, checked September 26, 2026)
- Founded
- 1996 (Source, checked September 26, 2026)
- Support channels
- Phone, Help-centre
- Features
- Demo account, Mobile app
- Official website
- swissquote.com
Robo-advisors
- Regulators
- Commission de Surveillance du Secteur Financier (CSSF) (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Portfolio types
- ESG (Source, checked September 26, 2026)
- Legal entity
- Swissquote Bank Europe SA (Source, checked September 26, 2026)
- Headquarters
- Luxembourg (Source, checked September 26, 2026)
- Founded
- 1996 (Source, checked September 26, 2026)
- Support channels
- Phone, Help-centre
Pros and cons
Pros
- Regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, with the legal entity named as Swissquote Bank Europe SA.
- Covers stocks, forex, CFDs and crypto on a single account, with retail leverage of 1:100.
- A demo account and a mobile app are both listed features, so you can test before committing.
- Support runs on phone and help centre, so a phone line and a help centre are available.
Cons
- Costs are high for a retail account: a stock trade fee of $20 against a site median of €0.
- The minimum deposit of $1,000 ranks 191 of 213, far above the site median of €4.64.
- An inactivity fee of $10 applies, where the site median is €0.
Who it suits
- Traders moving between forex, CFDs, crypto and shares on a single account
- Investors who put weight on a supervised bank entity and investor compensation
- People who want to practise on a demo account before risking money
Who should look elsewhere
- Newcomers with a small starting balance, since the minimum deposit is $1,000
- Share buyers focused on trading costs, given the stock trade fee of $20 against eToro at $0
- Passive long term investors, because the portfolio options listed are esg
How it compares on our data
On our cost measures Swissquote ranks near the bottom of the field. It sits 191 of 213 on minimum deposit, 161 of 161 on stock trade fee, and 35 of 56 on the inactivity fee. Its minimum deposit of $1,000 is well above the site median of €4.64, and its stock trade fee of $20 sits above the median of €0. Cheaper entry points exist elsewhere.
The company behind it
The account is held by Swissquote Bank Europe SA, based in Luxembourg and founded in 1996. It is supervised by the Commission de Surveillance du Secteur Financier (CSSF), and the crypto licence is recorded as MiCA CASP 549300M2IHOB9P5WE714. Investor protection is listed as EU ICS up to EUR 20,000. Support runs on phone and help centre, meaning a phone line and a help centre.
How Swissquote compares
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Where Swissquote is available
- Available
- Everywhere except United States
- Licence in Luxembourg
- Commission de Surveillance du Secteur Financier (CSSF) (MiCA CASP 549300M2IHOB9P5WE714), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
Frequently asked questions
How much does it cost to trade shares with Swissquote?+
The stock trade fee is $20, which is well above the site median of €0. Swissquote ranks 161 of 161 on this measure, so share dealing here is costly. eToro, by contrast, charges $0 per trade.
What is the minimum deposit to open an account?+
The minimum deposit is $1,000, which is a high bar for a first account. On our data Swissquote ranks 191 of 213 on this measure, against a site median of €4.64. Vantage asks for $5 and CFI for $0.
Is Swissquote regulated and is my money protected?+
Swissquote is supervised by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, and the account is held by Swissquote Bank Europe SA, a bank entity. Investor protection is listed as EU ICS up to EUR 20,000. The crypto licence is recorded as MiCA CASP 549300M2IHOB9P5WE714.
Is there a fee if I do not use the account?+
An inactivity fee of $10 applies, and Swissquote ranks 35 of 56 on this measure. The site median inactivity fee is €0, so a good share of platforms charge nothing for an idle account. If you hold cash that sits still, this cost matters.
What markets can I trade on one account?+
The account covers stocks, forex and cfds, so shares, forex, CFDs and crypto all sit on a single login. Retail leverage runs to 1:100, so positions can be sized well above the money you put up. That suits active traders rather than long term investors.
Can I practise before risking money?+
A demo account is listed among the features, alongside a mobile app, so the platform can be learned without risking real money. Support runs on phone and help centre, meaning a phone line and a help centre when questions come up. Retail leverage is 1:100, so demo practice matters.
Who is this broker suited to?+
It suits active traders who want forex, CFDs, crypto and shares on a single account and who put weight on a supervised bank entity. It suits less well a trader starting small, because the minimum deposit is $1,000. For share dealing, eToro charges $0.
What are the account options for investing?+
The portfolio options listed are esg, so a managed investment here is built around environmental, social and governance holdings. Traders who want to pick their own shares trade them directly rather than through a managed portfolio. A robo-advisor with several portfolio types may suit you better.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Legal entity, Headquarters, Regulators, Investor protection, Licences
“ae_lei_name=Swissquote Bank Europe SA; ae_lei=549300M2IHOB9P5WE714”
- swissquote.com/en-mea/private/invest checked September 26, 2026
Backs: Portfolio types
“invest in ready-made portfolios focused on sustainability”
- swissquote.com/en-row/private/trade/pricing/forex-cfds/ac... checked September 26, 2026
Backs: Minimum deposit, Stock trade fee, Markets, Inactivity fee, Features, Maximum retail leverage
“Min Deposit (in USD): 1'000 on Standard Forex account”
- swissquote.com/en/group checked September 26, 2026
Backs: Founded
“1996 Swissquote.ch is the first platform with free access to prices for all securities traded on the Swiss stock exchange”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Account fee, Retail accounts that lose money.
Swissquote
Active forex and CFD traders who want a regulated bank entity and a demo account to practise on.