Score

5.88 /10
Average

Swissquote

Hong Kong

10-15 years

Regulated in Hong Kong

Leveraged foreign exchange trading

Suspicious Scope of Business

High potential risk

AAA

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Comparison

Quantity 30

Exposure

Time Machine
Website

Score

Regulatory Index6.54

Business Index8.29

Risk Management Index0.00

Software Index5.89

License Index6.54

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Swissquote Asia Limited

Company Abbreviation

Swissquote

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 29 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Swissquote · Benchmark
Average transaction speed(ms)
300.2 Great
The highest transaction speed(ms)
213
The highest speed of opening positions(ms)
218
The highest speed of closing position(ms)
213
The lowest speed of opening positions(ms)
625 Great
The lowest speed of closing position(ms)
587 Great
Ranking: 9 / 125
Test user 720
Transactions 2,057
Ocuppied margin $8,316,879 USD
Data Source WikiFX Data provide
Updated: 2025-04-28 01:04:00
Pyramid scheme complaint
Expose
Scam

Be careful! The client manager is not regulated and can change the bank rules at will!

Third-party transfer is supported when opening an account. It's kind of friendly to begin with. After all the funds were deposited, their attitude changed quickly. Third-party transfers are no longer supported. The transfer I am talking about here is the transfer to a third-party personal account, not risk funds or transfer to other trading platforms and not even money laundering. And its official website so far says it supports third-party transfers. I'm still a frequent trader. But the client manager directly announced that it does not support or provide third-party transfer services, and refused to give a reason. Be careful, everyone: Swissquote's client managers can set their own rules and are not bound by Swissquote's rules. Even complaining does not solve the problem. This shows that the bank manager defaults that the client manager can not abide by the bank's rules and not give any reason to restrict the user's account functions. It is very convenient when the money goes in, but it is too difficult to withdraw the money. I contacted with the customer service manager, but there was no answer at all. This bank is totally dishonest and ride roughshod over its clients, and the client manager is very rude.. Like others such as Interactive Brokers and XM, all emails are 100% replied and they are very honest and professional. At least, they respect clients. Swissquote is the most arrogant and rude platform I have ever traded with. It's self-destructive for them to be dishonest and bully customers.

XIEZI7137
2023-07-18 15:17
Swissquote · Company summary
Basic Information
Registered Country/Region Hong Kong
Company Name Swissquote Asia Limited
Founding Time 1996
Minimum Deposit $1000
Maximum Leverage N/A
Minimum Spreads From 0.1 pips
Trading Platform MT4 & MT5 Trading Platform
Demo Account Available
Trading Assets Currency Pairs, Precious Metals
Payment Methods N/A
Customer Support Telephone & Email Support

General Information

Swissquote Asia Limited is a wholly owned subsidiary of Swissquote Bank Ltd, which is Switzerlands leading online financial and trading services bank and a global leading in forex, providing banking services to both individual and institutional clients in more than 120 counties.

Swissquote Asia Limited is licensed by the Hong Kong Securities and Futures Commission (SFC), with License No. AZV127.

Products & Services

With the Swissquote platform, over currency pairs can be traded. Investors can trade forex convenient online 24 hours, 5 days a week. Besides a series of CFD products on stock, indices, commodities, and bonds are also available.

Account Types

Swissquote offers four account types for professional traders. They differ in the size of the minimum deposit, the type/level of the spread, and the minimum trade size.

A standard account with a minimum trade size of 0.01 lot. Deposit – US$1,000, leverage - up to 1:100, spread - from 1.7 pips.

The Premium is its most popular trading account with a minimum trade size of 0.1 lot. Deposit - US$10,000, leverage - up to 1:100, spread - from 1.4 pips.

The Prime is a trading account for institutional managers and other large traders, where the minimum trade size is 1 lot. Deposit - US$50,000, leverage - up to 1:100, spread - from 1.1 pips.

A professional account, where the deposit, minimum trade size, leverage and spread are set individually.

account-types
account-types

Trading Platform

Three trading platforms are provided, including Advanced Trader, MetaTrader 4 MetaTrader 5 trading platform.

trading-platform
表格 描述已自动生成

Deposit & Withdrawal

There are two options for depositing and withdrawing money: bank transfer and bank cards (Visa and Mastercard). Swissquote allows withdrawals of funds only at the specific request of the client and does not have electronic systems in the list of methods. The commission for withdrawing money depends on the region to which the transfer is made, as well as on the selected withdrawal method.

When withdrawing to Visa and Mastercard bank cards, crediting occurs instantly or within two hours from Monday to Friday from 8:00 to 22:00 CET.

Customer Support

If clients have any inquiries or trading-related issues, they can get in touch with Swissquote through the following contact channels:

l Phone numbers: +41 44 825 88 88, 0848 25 88 88

l Email: fx@swissquote.com,

l Online Chat

l A feedback Form

l Make an application for an online meeting

Deposit & Withdrawal

User Reviews

Lets say what users say:

Mary Snaith

7th June 2022

Swissquote service level and quality are pretty good, I trade EUR/USD, the spreads are relatively high compared to other brokers. And, nevertheless, there are new challenges ahead. Anyway, so you can trade.

John

22 March 2022

Swissquotes trading platform is lightning-fast. The order execution leaves no one cold, and there are no screw-ups. Everything is on another level here and you can trade freely like a real race.

Judy Bell

12 July 2022

If you don't have money to burn, you can practice using virtual currency. For this, a free practice account should be opened on the site. The broker does not compensate for commissions charged by third parties.

News

NewsSwissquote Launches US Congressional Trader in Themes Trading

Swissquote introduces the US Congressional Trader, providing insights into the stock trading activities of US congress members. Explore thematic investments with greater transparency.

WikiFX
2024-10-21 15:07
Swissquote Launches US Congressional Trader in Themes Trading

NewsSwissquote updated its mobile app

Swissquote recently released an update for its mobile app, enhancing the user experience and functionality.

WikiFX
2024-04-16 17:59
Swissquote updated its mobile app

NewsSwissquote Extends UEFA Partnership

Swissquote extends UEFA partnership, aiming to enhance its brand and connect with a wider European audience through football.

WikiFX
2024-02-28 18:09
Swissquote Extends UEFA Partnership

NewsSwissquote launched its new website

Swissquote, a well-known broker, has unveiled its new website. The website swissquote.com now features a new design, navigation, and various upgrades to improve the Swissquote customer experience and continue to bring in financial possibilities.

WikiFX
2024-02-14 17:49
Swissquote launched its new website

NewsSwissquote Launches New Look of its Website

Swissquote launches its revamped website, Swissquote.com, enhancing user experience with modern design, improved navigation, and a comprehensive array of financial solutions.

WikiFX
2024-02-14 16:33
Swissquote Launches New Look of its Website

NewsSwissquote Adopts NetGuardians' AI to Stay Ahead of Financial Fraudsters

AI-Based Financial Crime Solutions Set to Fortify Swissquote's Defenses Against a Surge in Global Fraud

WikiFX
2023-05-10 10:50
Swissquote Adopts NetGuardians' AI to Stay Ahead of Financial Fraudsters

NewsSwissquote's Profits Will Exceed CHF 185 Million In 2022, As Expected

Swissquote has exceeded its profit to CHF 185 Million in 2022 according to its annual trade report.

WikiFX
2023-01-24 10:20
Swissquote's Profits Will Exceed CHF 185 Million In 2022, As Expected

NewsSwissquote Introduces the TWINT App as a Client Payment Solution

Swissquote, a renowned supplier of online financial trading services, stated today that it has introduced its TWINT app as a payment option to help its customers. Clients of the organization will be able to make simple and safe payments through smartphone by using the Swissquote TWINT app.

WikiFX
2022-08-09 15:39
Swissquote Introduces the TWINT App as a Client Payment Solution

User Reviews

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User comment

7

Comments

Write a review

JY-RS
more than one year
Trust me, another scam trying to stole all your money! Why I know this? I had a terrible trading experience on it. They kept asking you to deposit more funds, while on the other hand, ignored your withdrawal requests for various excuses, insufficient turnover, credit score, illegal operations and money laundering… lost all my money, around 1,000 euros. I don’t know where to turn to…
Trust me, another scam trying to stole all your money! Why I know this? I had a terrible trading experience on it. They kept asking you to deposit more funds, while on the other hand, ignored your withdrawal requests for various excuses, insufficient turnover, credit score, illegal operations and money laundering… lost all my money, around 1,000 euros. I don’t know where to turn to…
Translate to English
2022-11-22 14:48
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Vx_Forex813
more than one year
资金安全有保障, 瑞士最大且唯一一家上市外汇银行, 单个账户享受十万瑞郎保障计划,在当前大离岸监管时代背景下, 银行机构是比较安全的。 FINMA也是目前中国大陆客户唯一能够享受到有资金安全保障的机构!!
资金安全有保障, 瑞士最大且唯一一家上市外汇银行, 单个账户享受十万瑞郎保障计划,在当前大离岸监管时代背景下, 银行机构是比较安全的。 FINMA也是目前中国大陆客户唯一能够享受到有资金安全保障的机构!!
Translate to English
2023-09-23 14:08
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