SwissQuote review
A very hot commodity in the list of top Forex brokers is the name of Swissquote. This is one of the top leading Swiss Forex brokers. Operation is done via the Swissquote bank. The Forex brokerage with the bank began with the ACM technology, in the year 2010 and since then the group has aimed to provide the best of services available in the market of stock exchange and Forex trading out there. The company has successfully succeeded in its mission since then. This can be proven by the fact that Swissquote now proudly includes a huge number of satisfied clientele in its lists. The number grows every minute, every hour of the day.
Swissquote is a very solid and potential trading Forex broker company – lear more with our Forex arbitrage page. it provides its clientele with the most technically advanced trading tools available. Traders can be sure to monetize their hunches in the trading world to the maximum of profits when trading via the Swissquote. The company recently acquired the ACM technology. This has further enhanced the company’s performance in the world of eForex markets and has provided the customers with more advanced and successful trading operations. Also Swissquote partners with the Zulutrade group to provide its clientele with the best trading signals available in the world of Forex trading out there.
Swissquote offers three main types of accounts for trade to all traders. These are namely; the Swissquote Mini Account, the Swissquote Standard Account and lastly the Swissquote Premium Account. The values for initial deposit limits, position sizes lot, the leverage and spread differs for all account types.
For the Swissquote Mini account the initial and minimum value of deposit is $1000. The minimum lot size offered is 10,000 or more precisely (0.1 lot). The maximum value of leverage differs on weekends and weekdays. During weekdays the leverage provided is 1:100 whereas the value goes to 1:33 during weekends. Spread offered for Swissquote Mini account is 4.0 pips on EUR and USD.
Second comes the Swissquote Standard Account. The minimum value of deposit for opening a Swissquote Standard Account is $10,000. The minimum lot size provided is 0.1 lots or 10,000 to be more precise. It is similar to that of the Mini account type. Leverage also stays the same as the above mentioned one. During weekdays it is 1:100 whereas on weekends leverage provided is 1:1.33. Spreads for the Swissquote Standard Account starts from 3.0 pips for EUR and USD.
Coming to the Swissquote Premium Account the minimum value of deposit to open the account is $25,000. The minimum lot size offered is 10,000 accurate to (0.1 lot). Here as well the value of leverage differs on weekends and weekdays. Although it remains the same as the two mentioned above. The leverage provided is 1:100 normally during working days which changes to 1:33 during weekends. Spread offered for Swissquote Premium Account starts as low as 1.8 pips on EUR and USD.
Platform offered by Swissquote is eForex and the FXBook platform. Spreads are variable from 1.8 pips and fixed on 3.0 pips. Withdrawal/ deposit can be done through bank wire transfers.