My review of the Swissquote platform (April 2025)

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Swissquote is one of the leading online trading platforms in Switzerland and also positions itself as a comprehensive digital bank. The platform, rated 3.9/5 based on over 1,900 reviews on Trustpilot, is particularly recognized for the quality of its regulation, its user-friendly proprietary interface, and the diversity of its instruments available for purchase in reality or via CFDs.

I've spent the last 6 months signing up, testing and analyzing Swissquote in depth, and have sought to compare the platform to other regulated and popular online brokers in the Philippines.

In short, I was trying to answer questions like: can we trust Swissquote? Is the platform easy to learn and intuitive for beginners? How much does it cost to trade with Swissquote, and can you build up a diversified asset portfolio? What features does the trader offer vs. other online brokers?

So I sifted through everything: account opening process, management and trading fees, financial instruments available, features, simplicity of the platform (desktop and mobile) and trading tools etc. Below is my in-depth analysis of the Swissquote broker (compared with the other platforms I tested).

What about Swissquote?

My overall opinion of Swissquote

After several weeks of testing, I can say that Swissquote clearly stands out from the majority of online brokers, particularly due to its banking regulation in Switzerland and its hybrid positioning between an investment bank and a trading platform. The platform is solid, reliable, and allows access to both traditional markets (stocks, bonds, ETF) and more dynamic products such as CFDs, Forex or cryptocurrencies.

In terms of assets, the offering is among the broadest I have tested: more than 60 global markets accessible, 3,000 stocks, around fifty currency pairs, ETFs, indices, commodities, structured products, and even direct cryptos. The possibility of investing both directly (excluding CFDs) and with leverage is a real plus for mixing long-term and short-term approaches.

In terms of tools, the proprietary Swissquote platform is well-designed, ergonomic and accessible via browser and mobile application. More technical traders can switch to MetaTrader 4 or 5 depending on their profile. I appreciated the screening tools, fundamental analysis and integrated news feeds. On the other hand, there is no native copy trading solution, which some may miss.

The fees are higher than at purely CFD or low-cost brokers. For example, stock commissions can reach ₱500 per order, and conversion fees up to 1%. On the other hand, spreads are quite competitive on Forex, especially with the Prime account. Price transparency is good, with very few hidden fees.

Finally, in terms of security, I believe Swissquote is irreproachable: regulated by the Securities and Exchange Commission (SEC) in the Philippines, client funds segregated, additional protection due to its status as a bank, and secure access via strong authentication. It's a platform in which I have complete confidence to house a significant portion of my trading capital.

To which trader profiles is Swissquote suited?

=> For sophisticated investors who want access to a wide range of instruments while benefiting from a strict regulatory framework. Swissquote offers an impressive diversity of markets, with over 60 global exchanges accessible, and allows for a truly long-term investment with actual ownership of stocks and ETFs, which is rare for a trading-focused platform.

=> For professional or active traders looking for stable execution and powerful trading tools like MetaTrader 5 or the in-house eTrading platform. The Prime account, for example, allows you to benefit from reduced pricing conditions from ₱500,000 deposit, with competitive spreads on Forex and optimized fees for frequent orders.

=> To Forex and CFD traders who want to trade with leverage in a secure environment. Swissquote offers leverage up to 1:30 for retail clients and up to 1:100 for professionals, with a varied choice of currencies, indices and commodities. Risk management is facilitated by comprehensive stop loss and margin tracking tools.

On the other hand, Swissquote may be less suitable for small investors or beginner traders looking for low entry fees. The high minimum deposit (₱60,000) and fixed brokerage fees per order may deter those who wish to start with small positions or test without too much financial commitment.

Swissquote in a few seconds is:

My Review of the Security and Reliability of the Swissquote Broker

As a trader, I consider Swissquote to be one of the most reliable brokers in the market. Its status as a Swiss bank, its supervision by FINMA, and its strict regulatory obligations make it a safe bet for trading with confidence, especially from the Philippines where it is fully authorized to offer its services.

Swissquote enjoys a solid reputation in the banking and online brokerage world, notably thanks to its unique status as an online bank. For a trader based in the Philippines, it is a reassuring choice both in terms of regulatory compliance and operations. The tools provided also allow for good control of market risks.

=> In my opinion, Swissquote is one of the few brokers that combines the security of a bank, access to global markets, and robust tools for active trading. It's a player that inspires confidence.

My opinion on the fees, spreads and commissions applied on Swissquote

What I noticed with Swissquote is a rather high-end fee structure, reflecting its positioning as a Swiss online bank. The fees are clearly displayed but higher than those of many low-cost CFD brokers, especially for stocks and withdrawals. On the other hand, the quality of service, security, and range of instruments offered, in my opinion, justify some of these costs.

The basic account allows trading a very wide range of assets, but it is clearly not the most economical platform for ultra-frequent trading. Spreads are decent on Forex (starting from 0.6 pips), and fixed fees are mostly visible on stocks, ETFs, or withdrawals. In my opinion, Swissquote is primarily aimed at investors who prioritize a secure framework and reliable tools rather than an aggressive pricing policy.

Let's now look in detail at the broker's fee schedule.

What are the account fees?

I found Swissquote's pricing policy to be generally transparent but a bit high on certain operations, such as currency conversions or withdrawals. There are no management fees, which compensates slightly, and the account remains accessible without volume requirements. For demanding investors, this is acceptable, but it must be kept in mind.

The minimum deposit of ₱1,000 is relatively high compared to other online brokers in the Philippines. This confirms that Swissquote targets a more engaged user profile who wants access to banking services in addition to a multi-asset trading account.

Trader Tip

To minimize conversion fees, I use Revolut or Wise to transfer my funds in CHF or EUR before depositing them. And to avoid inactivity fees, I've set a monthly alert to log into the account, even if I'm not trading.

What are the fees on stocks and ETFs?

Swissquote offers a genuine long-term investment option, with the purchase of stocks and ETFs on the spot market, which remains rare for a platform also specializing in CFD trading. The fixed fees are clearly higher than at neo-brokers like Trade Republic or Boursorama, but in exchange, you benefit from multi-market access, a quality interface, and Swiss banking support. For more frequent investments or small amounts, these fees may however weigh on profitability.

What are the fees on cryptocurrencies?

Swissquote remains more expensive than crypto exchanges like Binance, Bybit, or Kraken, but the broker caters to investors seeking a regulated and secure framework for buying cryptos. Purchases are made directly, without leverage by default, and crypto-assets are held by Swissquote in partnership with cold storage solutions. For staking or very frequent operations, it's better to go through a specialized platform. For long-term holding, Swissquote is a safe alternative.

What are the CFD fees?

I found Swissquote's CFD pricing to be quite competitive on certain assets like Forex and indices, but a bit higher on stocks and crypto CFDs. The interface, however, allows you to clearly visualize the cost of a position before opening it, which limits unpleasant surprises. Overnight fees are typical but can quickly weigh on long positions. It is therefore better to favor short-term strategies.

Trader Tip

If you trade crypto CFDs, keep a close eye on the overnight fee schedule. Swissquote charges for positions open after 11:00 PM (Manila time), so it's best to close them before this time to avoid accumulating fees over several days.

My Opinion on Assets & Markets Available on Swissquote

When testing Swissquote, I was impressed by the breadth of its offerings. It's one of the few brokers to offer both CFD trading and direct investment in stocks, ETFs, and bonds. You can access over 60 global markets, opening the door to true international diversification.

The cryptocurrency catalog is a bit more limited than at specialized exchanges, but it covers the main market capitalizations. What makes the difference in my opinion is the possibility of having direct exposure to all these assets from a single secure banking interface, without multiplying accounts or platforms. This is a real plus for those who want to centralize their wealth management.

My review of the platform

As a trader, I've found the Swissquote platform to be particularly well-designed for managing a diversified portfolio. The mobile app allows you to track your positions in real-time, the Web and MetaTrader interfaces offer advanced technical tools, and asset searching is fast, smooth, and reliable.

I also appreciated the possibility of investing directly in stocks, ETFs, and even bonds, which is not common among online brokers. The platform is aimed at both technical traders and long-term investors, with a truly professional navigation structure.

Trader Tip

Activate smart notifications in the Swissquote app to track your alert levels in real-time on the assets you are monitoring. This allows you to react quickly, especially if you are working in parallel or don’t always have your eye on your charts.

Client Reviews: What Users Think About Swissquote

Swissquote has an average rating of 3.9/5 on Trustpilot, based on 1,941 reviews. This is a solid score that generally reflects the trust users have in this online trading-focused bank. Many clients appreciate the reliability and transparency of the services, although some frustrations have surfaced regarding fees and customer service.

Among the positive points most frequently mentioned: the quality of the Web and mobile platforms, the variety of instruments available and the stability of the services. The security of funds and the regulation in Switzerland are also elements that reassure many users.

Among the criticisms, many users complain about fees that are sometimes high, especially for withdrawals or stocks. Others highlight slow customer support response times, especially during peak activity times. Some comments also mention a lack of clarity in the pricing structure.

Customer Feedback Examples:

D.B (February 12, 2025) : « Excellent interface and reliability, but fees are too high for small portfolios. »

H.H (January 23, 2025) : « The mobile application is great, but customer service sometimes takes a while to respond. »

C.R (March 7, 2025) : « Swissquote remains one of the safest platforms for investing, but beware of withdrawal fees. »

Opening an Account, Deposits, and Withdrawals on Swissquote

Opening an Account

Opening an account with Swissquote was straightforward. I found the procedure well-designed, with a secure and fluid interface for submitting documents. Validation was quick, in less than 24 hours in my case.

Here are the steps to follow:

• Access the account opening form on the Swissquote website
• Fill in your personal details and choose the account type (eTrading, Forex/CFD, Robo-Advisor)
• Answer the regulatory financial assessment questionnaire
• Upload your ID and a recent proof of address
• Sign the contract electronically
• Wait for the confirmation email and log in to your client area

Good to know

Ang demo account ay maaaring i-activate kapag naaprubahan na ang pagbubukas ng account. Pinapayagan ka nitong subukan ang platform na may mga kathang-isip na pondo sa totoong interface ng Swissquote, na perpekto para maging pamilyar bago mamuhunan.

Swissquote deposits and withdrawals

Swissquote offers a highly secure deposit and withdrawal system, although it is slightly more rigid compared to other brokers. Bank transfer is the only authorized method, which can extend the processing time (1 to 3 business days on average). However, funds are clearly identified, traceable, and fees are transparent.

Trader Tip

To avoid unnecessary exchange fees, open your account in the same currency as your primary bank if possible. This allows you to deposit without conversion, especially if you trade in ₱ or CHF.

Account Types Available on Swissquote

Swissquote offers a structured range of account types tailored to various profiles, from long-term investors to active traders. What distinguishes it is the ability to invest both directly in the markets and via CFDs, with a high level of security and a professional interface.

✅ Note
Swissquote allows you to open multiple accounts according to your needs: an eTrading account for spot stocks, a CFD account for leveraged trading, or a dedicated Forex account. The interface is centralized, but each account is technically separate.

Conclusion: Should you invest with Swissquote?

After several weeks of testing, I can say that Swissquote is a reliable platform designed for independent and demanding investors. What struck me was the stability of the interface, the wealth of accessible markets (stocks, ETFs, currencies, CFDs, bonds) and the regulatory framework, which reinforces confidence.

I particularly appreciated the possibility of combining a long-term portfolio with a CFD account for more dynamic strategies. The fees are transparent, the user experience is smooth, and the security of funds is at a very good level thanks to the regulation in the Philippines and the protection of deposits.

In summary, Swissquote caters to traders who want a reliable, multi-support platform capable of covering all needs, from classic investment to advanced analysis on MetaTrader 5.

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.