Swissquote Group was founded in Switzerland in 1996, and it has since established itself as one of the most highly trusted and well-known brokers in the world. The company has earned a coveted listing on the Swiss stock exchange (SIX:SQN) and over 330,000 client accounts across Europe, Asia, the Middle East, and Latin America. As a prestigious legacy broker authorized by multiple tier-1 regulators including Switzerland’s own Financial Market Supervisory Authority (FINMA) and the UK’s Financial Conduct Authority (FCA), Swissquote traders are among the most protected. They’re also some of the most successful and can take advantage of advanced charting tools, a wide range of base currencies on forex, and CFDs on stock indices, commodities and bonds, and more inside the MT4 or MT5.
With a higher-than-average minimum deposit on its lowest account, Swissquote is also a broker for those who are willing to gain greater exposure to financial markets. However, the impressive breadth of Swissquote’s platform ensures that traders are educated well and given the best tools for the job. It also means it’s important for traders to distinguish between the services, instruments, and trading conditions offered between Swissquote’s London-based, EU-branded platform and its Switzerland-based banking ecosystem. Traders in the UK and EU who want to trade forex and CFDs most cost-effectively will prefer the former. The broker’s other Swiss entity offers forex and CFDs as well, alongside a wider range of underlying instruments, higher leverage, funds held in Swiss banks, and a dealing-desk execution model.