Swissquote

Pricing

• •Deposits to the wallet are free above USD 500, while withdrawals cost USD 10 to 15 per coin.
• •All EU tiers share a single minimum deposit of USD 1,000 or the equivalent: unlike the UK pages, the EU pages publish no deposit threshold per tier.
• •Swissquote Bank Europe prices account maintenance by residence: it is free for residents of the EU and the UK and for VIP clients.
• •Outside the EU and the UK, account maintenance is free only if you place at least one trade in the month, otherwise it costs 15 EUR a month. It is a price difference, not a condition to open the account.
• •The minimum deposit for this tier is USD 10,000.
• •Entry deposit for this tier is 10,000 in EUR, USD, GBP or CHF, or the USD equivalent.
• •The Elite tier is not commission free: spreads start at 0.0 pip and a charge of EUR 2.5 per side per lot applies on top.
• •The minimum deposit for this tier is USD 50,000.
• •Entry deposit for this tier is 5,000 in EUR, USD, GBP or CHF, or the USD equivalent.
• •The minimum deposit for this tier is USD 1,000.
• •Entry deposit for this tier is 1,000 in EUR, USD, GBP or CHF, or the USD equivalent.
• •The Elite Package asks for CHF 100,000 in total assets at the time you subscribe.
• •Forex spreads start at 1.7 pips with no commission, and the smallest trade you can place is 0.01 lot.
• •Equity trades cost USD 0.03 per share on US markets and 0.15% on Switzerland, EU and UK markets, with a USD 20 minimum.
• •Spreads, minimum trade size and leverage are set individually on this tier; maintenance margin is 100 and stop-out 30%.
• •Forex spreads start at 1.4 pips with no commission, and the smallest trade you can place is 0.1 lot.
• •Equity trades cost USD 0.02 per share on US markets and 0.12% on Switzerland, EU and UK markets, with a USD 15 minimum.
• •Forex spreads start at 1.1 pips with no commission, and the smallest trade you can place is 1 lot.
• •Equity trades cost USD 0.01 per share on US markets and 0.09% on Switzerland, EU and UK markets, with a USD 10 minimum.

Limits

• •No crypto product is advertised on the UK pages, yet the UK terms set a minimum margin of 50% of notional for CFDs with a crypto underlying.
• •Expert Advisors and high frequency trading are allowed.
• •Maintenance margin is 100% and the stop-out level is 50%, identical across the three UK tiers.
• •Standard leverage is 1:100, with maintenance margin at 100 and stop-out at 30%.
• •Contactless payments go through without the PIN up to CHF 80.
• •Card and ATM limits are expressed in CHF, EUR or USD.
• •Maintenance margin is 100% and the stop-out level is 50%, identical across the three EU tiers.
• •Every card carries a monthly limit set by the bank when the card is delivered; the amount is not published, and the holder can change it from the website or the app in the card settings. Transactions above the limit are refused.
• •No limit is published for SEPA transfers, SWIFT transfers or ATM withdrawals.
• •Business onlyNo limits are published for the business account: which products and conditions apply is decided by the Swissquote office that handles the relationship.

Payments & transfers

• •The very first deposit has to arrive from a bank in a closed list of countries: "Once the first funding has been accepted, you may fund from a wider selection of countries". It restricts the money coming in the first time, not the corridors afterwards and not where you live.
• •No country is listed as forbidden for payments. The Swiss general terms only state that the bank is not obliged to execute payments that break laws or orders from the authorities, and warn that third countries such as the United States apply embargoes of their own.
• •Payment is possible in BTC, ETH and XRP, with the trade size expressed in euro or the currency equivalent.

Cards

• •The Elite Package also carries a residence requirement: you have to live in one of the 14 countries eligible for the physical card.

Crypto

• •Withdrawals from the Swissquote wallet to a cryptocurrency exchange are not supported at present.
• •Staking is available on ETH, DOT, SOL and ADA, with a fee of 20% of the rewards; indicated gross yields go up to 2.5% (ETH), 4.29% (DOT), 6.24% (SOL) and 2% (ADA).
• •The spot crypto offer advertised on the EU pages, SQX, belongs to Swissquote Bank Europe Ltd under its CSSF licence: it is not part of this Forex & CFDs account, which sits with Swissquote Capital Markets Ltd under CySEC.
• •Business onlyCustody is offered for the most popular digital assets, stablecoins included.

Opening an account

• •The two published versions of that list do not match: the Luxembourg entity, Swissquote Bank Europe SA, publishes 37 countries, while the help pages for Switzerland and the MEA region publish a different list of 24.
• •The list of 24 countries is also the perimeter of the digital account opening: from outside it, onboarding goes through video identification.
• •Business onlyThe stated target for this account is Swiss small and medium businesses and companies active internationally, of any size.

Company ownership

• •Swissquote Bank Ltd is a member of the Swiss Bankers Association, and its parent company Swissquote Group Holding Ltd is listed on the SIX Swiss Exchange under the symbol SQN.

Licence & regulation

• •The account is held with Swissquote Capital Markets Ltd, the Cyprus entity supervised by CySEC (licence CIF 422/22, Limassol).
• •Investor protection comes from the Cyprus compensation scheme, up to EUR 20,000 or 90% of the covered claim, and not from the British FSCS.
• •The UK forex account is held with Swissquote Ltd, registered with the FCA under number 562170.
• •Deposit protection is stated up to GBP 85,000.