Table of Contents
- 1 Is Swissquote insured?
- 2 How do I open a Swissquote account?
- 3 How do I deposit money into Swissquote?
- 4 Can I buy gold on Swissquote?
- 5 How do I withdraw money from swissquote?
- 6 What are custody fees swissquote?
- 7 What is the Swissquote entity and is it safe?
- 8 Is Swissquote a good investment platform?
Is Swissquote insured?
Yes, like any bank or securities dealer in Switzerland, Swissquote Bank Ltd is required to sign the Agreement by Swiss Banks and Securities Dealers on Deposit Insurance and as such is a member of esisuisse. Client deposits held with Swiss branches of the bank are protected for up to CHF 100,000 per client, per bank.
Is Swissquote regulated?
Swissquote Ltd is authorised and regulated by the Financial Conduct Authority (FCA), which means it is held to high ethical, security and transparency standards, so its customers can trade with complete peace of mind.
How do I open a Swissquote account?
The specific process of opening an account at Swissquote might differ slightly from the one detailed here, but generally the process involves the following steps:
- Choose your account.
- Add personal info.
- Identify yourself.
- Seal the deal.
- Fund your account.
Can you trade US stocks on Swissquote?
With an Swissquote multi-currency account, you can trade stocks and ETFs on US markets from EUR 14.95. Pay no initial charges or commissions on our broad universe of US funds.
How do I deposit money into Swissquote?
Swissquote offers two ways to conveniently and securely fund your account: wire transfer or credit card deposits.
Is Swissquote a market maker?
As a market maker, Swissquote may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.
Can I buy gold on Swissquote?
Swissquote Gold Active Certificate offers a smarter way to invest in the rare metal for the long term. While the majority of the portfolio remains dedicated to long-term investment in gold, the algorithm occasionally activates a “covered call” strategy.
How do I send money to Swissquote?
You can transfer money to your Swissquote account via Interbank (online banking, instruction to the bank) or ISR (inpayment slip with reference number) at the Post Office (Switzerland only) or via online banking. More details can be found under the section “Services, Useful Information, Cash and Securities Transfer”.
How do I withdraw money from swissquote?
Log in to your account. Select ‘Withdrawal’ or ‘Withdraw funds’ from the appropriate menu. Select the withdrawal method and/or the account to withdraw to (if more than one option is available) Enter the amount to be withdrawn, and, if prompted, a short reason or description.
What is the minimum deposit for swissquote?
Swissquote pros and cons
🗺️ Country of regulation | Switzerland, UK, UAE, Hong Kong, Singapore, Malta |
---|---|
💰 Trading fees class | High |
💰 Inactivity fee charged | No |
💰 Withdrawal fee amount | $10 |
💰 Minimum deposit | $0 |
What are custody fees swissquote?
The custody fee for legal entities is 0.025\% per quarter with a minimum of CHF 40 per year and no maximum.
Is Saxo Bank A good broker?
Saxo Bank is an excellent online forex and CFD broker, known for their intuitive SaxoTraderGO platform, competitive pricing, 40,000 trading instruments and outstanding customer service. We recommend this broker to traders at all levels from beginners to advanced.
What is the Swissquote entity and is it safe?
The purpose of this entity is to grant access to the European markets after Brexit. The UK entity remained only for UK clients Swissquote is considered safe because Swissquote Bank Ltd has a banking license, it is listed on the Swiss stock exchange, discloses detailed financials regularly and has a long track record.
Is Swissquote a Global Broker?
Swissquote are a global broker. Swissquote have a head office in Switzerland. When trading in the financial markets it can be very time consuming to find a broker that meets your needs.
Is Swissquote a good investment platform?
Especially the easy to understand fees table was great! Swissquote charges no inactivity fee and you can trade an impressive selection of funds for favorable fees. On the other hand, trading fees are generally high, including stocks and ETFs fees, and there is a fee for withdrawing your money.
Are Swissquote’s trading fees high?
Swissquote’s trading fees are high. We recommend Swissquote if you want high-quality service and are willing to pay a higher price for it. If you prefer lower costs, there are discount brokers out there that are likely better options for you. Swissquote’s fee calculation is transparent.