Listed Swiss online bank; its Luxembourg bank serves EU clients and it co-owns the Yuh app with PostFinance.
- Headquarters
Switzerland- Founded
- 1996
- Type
- Multi-asset brokers
- Licences on record
- 6 (4 European)
- EU client entity
- Swissquote Bank Europe SA (CSSF, Luxembourg)
- Platforms
- Own platform, MetaTrader 4, MetaTrader 5
- Products
- Forex, CFDs, Stocks, ETFs, Crypto, Options, Futures, Funds
- Website
- swissquote.com
Strengths
- Listed on SIX Swiss Exchange; a FINMA-licensed bank
- EU clients served by a Luxembourg bank
- Shares, ETFs, funds, bonds, options, futures, forex, CFDs and crypto
- Co-owner of the Yuh app with PostFinance
Watch-outs
- Custody and trading fees are higher than at neobrokers
- Platform choice and costs differ between the Swiss and EU banks
Overview
Swissquote was founded in 1996 and is one of Switzerland's leading online banks, listed on SIX. As a Swiss bank, it holds a FINMA banking licence, which for forex dealers in Switzerland is mandatory.
Which entity serves you
Swiss residents bank with Swissquote Bank SA in Gland, with deposit protection of CHF 100,000 and segregated custody. EU residents can use Swissquote Bank Europe SA in Luxembourg, supervised by the CSSF. The group also has entities in the UK, Malta, Dubai and Hong Kong.
Platforms and products
Swissquote's own trading platforms plus MetaTrader for forex and CFDs, with access to global stock exchanges, funds, bonds, options, futures and crypto.
Our view
A bank-grade choice with a strong Protection Score. Best for investors who value the security of a listed bank over the lowest possible fees.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| FINMA Swiss Financial Market Supervisory Authority | Switzerland |
Switzerland | Regulator website |
| FCA Financial Conduct Authority |  United Kingdom |
UK | Official register |
| CSSF Commission de Surveillance du Secteur Financier |  Luxembourg |
EU/EEA – passportable | Official register |
| MFSA Malta Financial Services Authority |  Malta |
EU/EEA – passportable | Official register |
| DFSA (Dubai) Dubai Financial Services Authority |  United Arab Emirates |
Non-European | Regulator website |
| SFC Securities and Futures Commission (Hong Kong) |  Hong Kong |
Non-European | Regulator website |
What protection would you get?
If you are a retail client of Swissquote's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: Securities are separated from the bank's own assets; cash is covered by deposit protection – No investor compensation scheme – securities in custody are segregated and returned in a bank failure
- Custody: securities held for clients are segregated from the bank's own assets.
- Complaints: Swiss Banking Ombudsman
- Best forex brokers in Switzerland
- Investor compensation: Up to £85,000 per person per firm for investments – Financial Services Compensation Scheme (FSCS)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman Service
- Best forex brokers in United Kingdom
- Investor compensation: Up to €20,000 per investor – Système d'indemnisation des investisseurs Luxembourg (SIIL) (confirm with the scheme)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: CSSF out-of-court complaint resolution
- Best forex brokers in Luxembourg
- Investor compensation: 90% of the net liability, up to €20,000 per investor – Investor Compensation Scheme (Malta)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Office of the Arbiter for Financial Services
- Best forex brokers in Malta
Verify Swissquote yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Supervised in 6 strong jurisdictions | +12 |
| Group holds a banking licence (higher capital requirements) | +8 |
| Publicly listed group (audited public accounts) | +8 |
| Operating for 30 years | +7 |
| Total | 90/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.
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