Swissquote Review - Traders Union Opinion

Drag to rearrange sections
Rich Text Content

If you are new to trading, you may want to learn more about Swissquote and its services. This swissquote opiniones is not intended to give investment advice, and is provided for educational purposes only. You should be aware that CFDs carry high risks due to leverage, so you should have a high level of risk appetite.

Traders Union

If you're looking for a broker with low spreads and zero commissions, Swissquote is one of the best. The company offers demo accounts that let you practice your trading strategies on virtual money. It also provides daily market resources.

Its education center is another plus. It offers e-books and videos on forex, CFD, and fundamental analysis. There's also a magazine and free demo accounts to learn the ropes. It also provides numerous safety measures, such as multiple licenses from leading financial regulatory bodies.

Spreads

According to an swissquot review swissquote opinion, Swissquote offers low spreads and zero commission accounts for its Forex traders. Its fees are dependent on the size of the account and activity level. The spreads are around 0.6 pips and 0.3 points for most popular currency pairs. The Swissquote minimum deposit is higher than the industry average; it is EUR1,000 for a Premium account (EU) and $1,000 for a Standard account (Bank). Non-trading fees include commissions and overnight swap charges.

Swissquote is regulated by the Swiss Financial Markets Authority and has offices in the financial capitals of the world. It also has a high level of liquidity and offers professional trading conditions. Its services are also protected by an investor compensation scheme. As a result, forex and CFD traders can operate without worrying about losing their money.

Processing times for withdrawals

The Swissquote spreads are variable and fluctuate based on the level of market liquidity. Liquidity refers to the amount of instruments that can be bought and sold at any one time. Higher liquidity typically results in tighter spreads. In addition, the maximum leverage that Swissquote offers is 1:100. This means that you can use as little as $1 in your account to trade as much as $100,000. However, the higher the leverage, the higher the risk of losses.

The Swissquote fee structure is not very competitive compared to other brokers. For instance, the minimum Forex spread is 0.8 pips, which is 25 percent higher than other brokers. Another factor in determining your total trading costs is the swap rate. Traders should check the swap rate before deciding which broker offers the lowest spreads.

No deposit bonus

If you want to make money trading online, Swissquote has a number of ways to do it. For example, you can use the referral bonus program to earn a commission of up to 35%. You simply need to introduce a friend to the site, and they will receive a bonus for making a minimum deposit. The bonus code will take a few days to activate.

The company does not offer a no deposit bonus, but you can get a demo account with a demo balance of up to USD $100,000. You can test your skills before you make real trades with your own money. The demo account uses real-time prices and market data. You can play around with the account for 30 days, and then upgrade to a real account if you are satisfied with the experience.

No trading room

In a recent Swissquote review, Traders Union criticized the company's trading conditions, calling them "stupid," "expensive," and "unprofessional." This is not the case, however, as Swissquote is able to provide clients with a variety of financial instruments, including forex and CFDs. Moreover, Swissquote supports more than three languages, and their customer support is very responsive and efficient. Swissquote also works five days a week and its trading hours are 12 AM to 12 PM GMT, Monday to Thursday. The trading hours for other assets and investment products can vary, depending on the time of day.

The Swissquote learning center is a good place to learn about forex trading. It contains dozens of videos and webinars, as well as a live webinar platform. However, there are few written articles and interactive lesson programs. Instead, Swissquote's learning center provides ten eBooks and 31 videos on trading platforms, forex, and CFDs.

rich_text    
Drag to rearrange sections
Rich Text Content
rich_text    

Page Comments