If you have ended up on this SwissQuote review, then you are probably looking for a good broker that can give you access to the financial markets. There are hundreds of companies that are more than ready to provide you their services, but the quality of services, their offerings and features will vary. In order to find the right platform for your trading needs, you have to do your homework. This is what you need to do in the case of SwissQuote, which was founded in Switzerland back in 1996. Over the years, it has established itself as one of the most well-known and trusted brokerages in the world. It boasts more than 330,000 client accounts across Asia, Europe, Latin America and the Middle East. While it is undoubtedly an impressive brokerage and enjoys a solid reputation, you need to know if it is the right choice for you, or not. You can check out this SwissQuote review to know what to expect:
The Assets to Trade on SwissQuote
The first aspect you need to look into about any broker is its asset index and the same needs to be done here. There are more than 189 different instruments that are available for trading on SwissQuote, which include more than 138 currency pairs. The broker also offers you access to a number of CFDs (Contract for Difference) and these include commodities, both energy and metals, along with stocks and bonds. The variety of such instruments ensures that every trader can find what they want to trade according to their risk appetite. Moreover, this also provides users with plenty of room to diversify their portfolio, which can minimize their risks and help boosts their profits.
The Trading Platform on SwissQuote
After you are done checking out the trading instruments offered by the broker, it is time to take a look at the trading platform provided to you. You will not be disappointed with SwissQuote in this regard because they have chosen to provide its clients with the top trading solutions in the financial markets. If you have done any research, then you are probably aware that the MT4 and the MT5 are the most powerful trading solutions that exist. You will find both of these available at SwissQuote and they can help anyone have a profitable and seamless trading experience. These trading platforms are known for their superior trade execution, one-click trading and automated trading via Expert Advisors (EAs). You will also find some of the top and advanced trading tools, such as charting tools, trading indicators and signals, price alerts and more. Other than the desktop solutions, you will also find mobile apps for both Android and iOS that can be used for trading on the move.
The Safety of Funds on SwissQuote
Trading online means trusting a broker with your hard-earned money and this cannot be easy for anyone because cyberattacks are a very common. Therefore, you want to ensure your money remains secure and this is where you will be pleased with the measures that SwissQuote has implemented. The platform is authorized by the Financial Conduct Authority (FCA) under which it is required to follow the rules of segregated customer accounts. This means that all customer deposits are maintained in separate accounts and are kept with the leading and regulated financial institutions to ensure their safety. In addition, considering its regulatory status, SwissQuote also offers its clients protection in the form of an Investor Compensation Fund (ICF). This indicates that in case the broker goes bankrupt, clients will be compensated for any losses they suffer.
The minimum deposit required is $1,000, a demo account is provided to users and SwissQuote is also transparent about its charges and fees. It provides 24/5 customer support in a variety of languages via different channels to assist its clients and has a quick sign up process, allowing every trader to enjoy its benefits.