Review of the company
Swissquote Forex Broker is a company established in 1996. The main activity of the company is the provision of online trading services to market participants. It all started with Marvel Communications SA, which was founded in 1990 by entrepreneurs Paolo Buzzi and Mark Burke. Marvel’s core business was financial software and online application development. Swissquote, having begun its work in the securities market, entered the Swiss Stock Exchange. At the moment, the broker is a leader in online trading and among financial services in Switzerland. Also, the official website of the company is visited monthly by 2 million users. Worldwide, Swissquote is one of the top ten global online brokers. In 2000, the company placed its shares on the Swiss Stock Exchange SIX Swiss Exchange.
The company has three main trading platforms that are suitable for different customer needs. AdvancedTrader allows you to trade in the foreign exchange market, as well as precious metals, CFDs. Hedging and complex types of orders are possible.
MetaTrader 4 also includes automated trading and providing each client with a personal manager. A MetaTrader 5 account adds the default FIFO service to all the advantages of a previous trading account.
The affiliate program allows traders to receive additional income from attracted customers. There are these types of affiliate programs:
- Partnership in a rebranding environment;
- Liquidity decisions;
- Introducing brokers;
- Fund manager.
Swissquote brokerage is regulated by financial institutions. By joining the company, clients and partners of the broker get the maximum benefit from a number of advantages. Swissquote adheres to Swiss banking standards. Transparency and security are the basic principles of a brokerage company.
To maximize profits, the company’s customers use marketing research developed by Swissquote, have access to training information and trading tools. The communications department provides 24/7 customer support on weekdays. Swissquote Group has over 500 employees. The broker has offices in London, Hong Kong, Dubai and Malta. These representations provide services to customers from 120 countries.
The company offers its customers a choice of three trading platforms: MetaTrader 4/5 and its own proprietary trading platform AdvancedTrader. All platforms are adapted for mobile devices. Swissquote Ltd regulated by the FCA in the UK does not offer the AdvancedTrader platform, leaving only the MetaTrader 4 and MetaTrader 5 platforms. We tested the MetaTrader 4 platform from the British branch. The work of the platform left a good impression, very good order execution speed, spread from 0.2 pips, plus a commission of $7.
Deposit & withdrawal
Customers can deposit funds into their accounts using bank transfer and Visa and MasterCard credit cards. Withdrawal of funds is possible only by bank transfer. Withdrawal fee is $10.