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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Swissquote

Hong Kong|10-15 years| Benchmark AAA|
Leveraged foreign exchange trading|Suspicious Scope of Business|High potential risk|

https://en.swissquoteasia.com/

Website

Rating Index

Benchmark

Speed:AAA

Slippage:A

Cost:D

Disconnected:AAA

Rollover:AAA

Contact

+852 3902 0000
asia@swissquote.com
https://en.swissquoteasia.com/
香港中環花園道3號工商銀行大廈32樓3202-04室
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+852 3902 0000

Other ways of contact

Broker Information

More

Company Name

Swissquote Asia Limited

Abbreviation

Swissquote

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-11-21
  • 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!

WikiFX Verification

Swissquote · WikiFX Survey
Swissquote · Benchmark
Average transaction speed(ms)
290.5 Great
The highest transaction speed(ms)
244
The highest speed of opening positions(ms)
244
The highest speed of closing position(ms)
261
The lowest speed of opening positions(ms)
1538 Good
The lowest speed of closing position(ms)
571 Great
15.55USD/Lot Good
52.24USD/Lot Poor
Long: -5.58USD/Lot    Short: 2.44USD/Lot Great
Long: -0.02USD/Lot    Short: 0.01USD/Lot Perfect
Average slippage
0.4
Maximum transaction slippage
26
Maximum positive slippage
-1 Good
Maximum negative slippage
26
Average disconnection frequency (times/day)
0.1 Perfect
Average reconnection time (millisecond/per request)
79.9
Ranking: 14 / 128
Test user 703
Orders 1,645
Ocuppied margin $8,338,397 USD
Data Source WikiFX Data provide
Updated: 2024-11-20 01:00:00

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Total Margin Trend

  • VPS Region
  • User
  • Products
  • Closing time
  • Seoul
  • 513***
  • XAUUSD
  • 11-21 09:00:00
  • Shanghai
  • 559***
  • XAUUSD
  • 11-21 07:00:00
  • Frankfurt
  • 215***
  • XAUUSD
  • 11-21 04:08:05

Stop Out

0.76%

Stop Out Symbol Distribution

6 months

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

Swissquote Launches US Congressional Trader in Themes Trading

NewsSwissquote Launches US Congressional Trader in Themes Trading

2024-10-21 15:07

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
News
Swissquote Launches US Congressional Trader in Themes Trading
Swissquote updated its mobile app

NewsSwissquote updated its mobile app

2024-04-16 17:59

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

WikiFX
2024-04-16 17:59
News
Swissquote updated its mobile app
Swissquote Extends UEFA Partnership

NewsSwissquote Extends UEFA Partnership

2024-02-28 18:09

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

WikiFX
2024-02-28 18:09
News
Swissquote Extends UEFA Partnership
Swissquote launched its new website

NewsSwissquote launched its new website

2024-02-14 17:49

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
News
Swissquote launched its new website

Review 35

35 Comments
Write a comment
All(35) Latest Positive(4) Neutral(1) Exposure(30)
Exposure
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.
叶子7137
2023-07-18
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You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com