This Swissquote review was conducted by the team of “Miniforex.com” for those who want to know about the Swissquote forex broker. The Swissquote.com was established back in 1996 and nowadays it ranks among the top 10 online forex brokers in the world, authorizing over 200,000 private and institutional customers to trade an extensive range of currency pairs, indices and commodities.
The broker is a brand of Swissquote Bank Ltd., a familiar public bank regulated via the FINMA or Swiss Financial Market Supervisory Authority and part of the International Swiss quote Group. The Group presently works over 500 staff and also has offices in London, Dubai, Hong Kong and Malta to serve customers in over 120 countries.
Moreover, the Group has set of contacts a UK subsidiary, Swissquote Ltd., which holds a FCA license and offers online forex, stock indices and commodities trading services for traders based in the European Union.
Swissquote demo account
While it comes to the accounts, you can pick from three choices such as the broker mini account, the superior account as well as the normal account. The minimum deposit condition if you will pick the mini is 1,000 dollars, premium is 25,000 dollars and 10,000 dollars for the standard account. This just goes to display that the spread on Euro and Dollars is minimum if you will pick the premium account for 1.8.
You can straight open a fresh account for trading through the internet. It will just takings you a few minutes to fill the application form. Later the approval of the application, the applicant will simply get an email validation and in just 24 hours, you will get your individual files at the address given. In case, you have a former account that will be taken over. There is also a Swissquote demo account available for you to select from. To open a free Swissquote bank demo account visit “ForexSQ” Swissquote review page.
The trading platforms you can select between with Swissquote.com are MT4, MT5 and Advanced Trader.
Considered as the industry standard trading platform, MT4 is chosen by most expert traders for its innovative, on the go trading abilities, advanced charting, wide back-testing environment and automatic trade options with Expert Advisor strategies.
The MT5, instead, was developed and promoted as an improvement on MT4, however many brokers still prefer the earlier technology, as Metatrader 5 does not support all MT4’s pointers and EAs.
To do a free Swissquote MT4 download visit “TopForexBrokers.com” Swissquote review page. The Swissquote bank usually good for big amounts trading, Wikipedia says. For mobile trading you can download the broker Google Android application or itunes IOS app for Apple products.
Deposit and Withdrawals
Deposits can only be prepared on MIG Bank through bank wire and credit cards transactions.
- a) Bank wire: Wire transfer guidelines have to be obtained from the customer service desk.
- b) Credit card: The only acceptable cards are those of MasterCard and VISA. The Swiss Bankers Travel debit card can be used to withdraw capitals from a MIG Bank account. Transactions can be done by means of the currency majors.
Greatly regulated and actual reputable broker, as well as a bank, Swiss quote provides online trading in a variety of financial instruments under typical trading situations through a variety of platforms. If you like this Swissquote review conducted by www.Miniforex.com then share it on social media networks please. Follow Swissquote broker on Twitter, Facebook, Youtube .