Swissquote Overview and Key Features

Swissquote is a well-established online brokerage firm that offers a wide range of financial products and services. Founded in 1996, Swissquote is headquartered in Switzerland and has a strong presence in Europe, Asia, and the Middle East.

Swissquote offers a user-friendly trading platform that is accessible through its website and mobile app. The platform provides real-time market data, technical analysis tools, and a range of order types to help traders make informed decisions.

With over 3.5 million clients worldwide, Swissquote has built a reputation for its reliability, security, and competitive pricing. Its services include trading in stocks, options, futures, forex, and cryptocurrencies.

Swissquote is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and the Financial Conduct Authority (FCA) in the UK, ensuring that its operations are compliant with strict regulatory standards.

For another approach, see: Swissquote Bank Review

Swissquote has its roots in the early 2000s, when it was founded in 2000 in Gland, Switzerland.

The company's early years were marked by rapid growth, with a focus on providing online trading services to clients.

Swissquote launched its first online trading platform in 2000, which quickly gained popularity for its ease of use and innovative features.

This innovative approach to online trading helped Swissquote establish itself as a leader in the industry.

The company's commitment to innovation and customer satisfaction has continued to drive its growth and success over the years.

Swissquote has received numerous awards and recognitions for its services, including being named "Best Online Broker" by various publications.

Today, Swissquote is a global company with a presence in multiple countries and a reputation for excellence in online trading.

Swissquote has made significant strides in recent years, expanding its services and partnerships to cater to a wider range of clients.

Since January 2022, Swissquote has partnered with Luzerner Kantonalbank (LUKB) to offer exclusive mortgage distribution services. This strategic move has helped the company tap into new markets and increase its market share.

In 2023, Swissquote launched the Impact Investing portfolio, a unique investment solution that allows clients to invest in quality stocks while directing 50% of dividends towards real-world projects. This innovative approach to investing has resonated with environmentally conscious investors.

Here are some key highlights of Swissquote's recent developments:

These developments demonstrate Swissquote's commitment to innovation and customer satisfaction, making it an attractive option for investors and clients alike.

Expansion into International Markets (2001-2002) was a pivotal period for Swissquote.

In 2001, Swissquote gained access to the Swiss stock exchange, the US stock exchanges NYSE, NASDAQ, and AMEX.

This move marked a significant step towards global expansion. Swissquote was now able to offer its services to a wider audience.

The takeover of Consors (Switzerland) AG and customers of Skandia Bank Switzerland in 2002 further solidified Swissquote's position in the market.

As a result, Swissquote expanded its offering to include new markets, financial products, and services.

In 2009, Swissquote created a chair in quantitative finance at the Swiss Federal Institute of Technology in Lausanne (EPFL) and launched its first quant funds.

This move marked a significant step in the company's development, showcasing its commitment to innovation and research.

In 2010, Swissquote made two significant acquisitions, including the purchase of Tradejet AG, a Zurich-based online information platform and broker.

This acquisition expanded Swissquote's services and capabilities, allowing it to better serve its customers.

In May 2012, Swissquote expanded its offerings with the Swiss Derivatives OTC Trading System (Swiss DOTS) in collaboration with Goldman Sachs and UBS.

This partnership enabled Swissquote to offer its customers a wider range of trading options.

A few years later, additional partners joined the Swiss DOTS, including Vontobel, BNP Paribas, and Société Générale.

The increased collaboration and expertise brought to the table by these partners further enhanced the Swiss DOTS.

In February 2013, Swissquote partnered with Basellandschaftliche Kantonalbank to provide online mortgage services.

This partnership demonstrated Swissquote's ability to adapt and expand its services to meet changing market needs.

In September 2013, Swissquote expanded in the international market by acquiring MIG Bank, a major forex broker.

This acquisition marked a significant milestone in Swissquote's growth and expansion into new markets.

In 2014, Swissquote and PostFinance established a long-term strategic partnership in online trading.

For more insights, see: Partners Group

This partnership allowed Swissquote to leverage PostFinance's customer base and expertise in online trading.

From autumn 2015, Swissquote operated as a trading platform for PostFinance, handling stock exchange orders placed by PostFinance customers in e-trading.

This partnership further solidified Swissquote's position in the online trading market.

In January 2015, Swissquote set aside a reserve of CHF 25 million in preparation for the Swiss National Bank's decision to discontinue the minimum exchange rate of 1.20 CHF per euro.

This proactive move demonstrated Swissquote's commitment to managing risk and protecting its customers' interests.

Swissquote made a significant move into the European market in 2018 by acquiring Internaxx Bank SA, a Luxembourg-based bank with around 12,000 clients and EUR 2 billion in client assets.

This acquisition marked a major expansion for Swissquote, giving them access to the European market and a significant boost to their client base.

In 2018, Swissquote also launched its multi-currency credit card, allowing clients to make transactions in 12 different currencies without conversion fees.

The company has also formed partnerships with major financial institutions like Banque Pictet, UBS, BlackRock, Vontobel, HSBC, and Zürcher Kantonalbank, enabling clients to invest in investment funds.

Swissquote's expansion into the Asia-Pacific region began in 2019 with the opening of Swissquote Singapore Pte.

Here are some key partnerships and services launched by Swissquote in 2018-2019:

In November 2019, Swissquote reported suspicious funds amounting to $100 million from Blue Ocean Bank and the Helin Group to the money laundering office, leading to an investigation and the blocking of the funds.

Swissquote has been making waves in the financial industry with its recent developments and partnerships. In 2022, the company became the exclusive distribution partner for mortgages with Luzerner Kantonalbank (LUKB), a move that has helped expand its services to a wider range of clients.

In October 2022, Swissquote launched its crypto exchange SQX, giving users access to a new platform for trading cryptocurrencies. Unfortunately, the platform experienced a significant DDoS attack just a few months later, causing it to be down for a substantial amount of time.

Since 2023, Swissquote has been committed to sustainable development projects, supporting the South African project Santé Solaire. This commitment is reflected in the company's introduction of the Impact Investing portfolio, which allows clients to invest in quality stocks while directing 50% of dividends towards real-world projects.

In May 2023, Swissquote partnered with investment firm Stableton and Morningstar Indexes to launch an actively managed certificate (AMC) targeted at Swiss retail investors. This AMC provides exposure to 20 selected unicorn companies identified by Morningstar.

Swissquote has also expanded its services with the introduction of a new investment and savings solution for asset management in 2023. This solution provides users with a range of options for managing their investments and savings.

In November 2023, the company introduced the Swiss Real Estate Certificate, managed by Finstoy, a Lausanne-based wealth management firm. This certificate allows investors to access the Swiss real estate market by investing in a portfolio of real estate funds that own properties exclusively in Switzerland.

In October 2024, Swissquote introduced fractional share trading for retail investors, making it easier for users to invest in the stock market. The company has also expanded its collaboration with BNP Paribas' Securities Services business.

A fresh viewpoint: Pace Savings & Credit Union

B2C2 has joined forces with Swissquote to boost liquidity for cryptocurrency trading on the SQX platform. This collaboration aims to enhance trading efficiency.

B2C2 serves a diverse range of clients, including over-the-counter desks, banks, exchanges, forex brokers, and hedge funds. This extensive network can help increase liquidity and trading opportunities.

The partnership between B2C2 and Swissquote is expected to have a positive impact on the cryptocurrency market. By working together, they can provide improved trading conditions for clients.

Swissquote offers a range of services, including banking, investment, and technology services, across eight entities authorized in different jurisdictions.

The company has partnerships with major financial institutions such as Banque Pictet, UBS, BlackRock, Vontobel, HSBC, Zürcher Kantonalbank, and others, allowing its clients to invest in investment funds.

Swissquote also provides a multi-currency credit card that can be used to pay in 12 different currencies without conversion fees.

In addition, the company allows its clients to buy tokens with Swiss francs via their account and hold them in custody by participating in initial coin offerings (ICOs).

As of June 2024, Swissquote managed over CHF 68 billion in client assets across more than 610,000 private and institutional accounts.

Swissquote's Liquidity Hub ecosystem is now accessible to brokers through Fortex integration. This partnership aims to provide brokers with access to Swissquote's Liquidity Hub ecosystem.

Brokers can now offer improved trading conditions to their clients. This is a result of the partnership between Swissquote and Fortex.

The integration will enable brokers to access Swissquote's Liquidity Hub ecosystem, providing them with a wider range of trading options.

Here are some key benefits of this integration:

If you're a trader with a Swissquote account, you might be wondering how the recent SNB hikes affect your trading experience. Traders can earn interest of up to 0.5% on their cash deposits in three currencies.

The brokerage's offer is pretty straightforward, with no restrictions or maintenance fees. This is a great perk for traders who want to keep their money working for them.

The interest rates apply to cash deposits in specific currencies, so it's worth checking which ones qualify.

Swissquote operates a global network with eight entities authorized in various jurisdictions, including Switzerland, Dubai, Luxembourg, and Cyprus.

The company's presence spans locations in London, Malta, Singapore, Hong Kong, Romania, and South Africa, offering a range of services including banking, investment, and technology.

As of June 2024, Swissquote managed over CHF 68 billion in client assets across more than 610,000 private and institutional accounts.

This impressive scale of operations enables the company to provide a broad spectrum of financial services to its clients.

Swissquote provides a range of financial products and services for individuals, companies, and financial institutions.

The company offers a multi-currency credit card that allows clients to pay in 12 different currencies without conversion fees, launched in 2018.

Swissquote maintains partnerships with major financial institutions, such as Banque Pictet, UBS, BlackRock, and others, enabling clients to invest in investment funds.

In addition to investment funds, clients can also buy tokens with Swiss francs via their account and hold them in custody by participating in initial coin offerings (ICOs).

Swissquote also allows clients to purchase fractions of popular stocks, ETFs, cryptocurrencies, and Themes Trading products, with the option to convert share fractions into actual shares when the cumulative fractions reach one full unit.

Here are some of the specific products and services offered by Swissquote:

App Privacy is a crucial aspect of any mobile app. The developer, Swissquote, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Swissquote is the company behind the app, and they take data handling seriously. They have a dedicated privacy policy that outlines how they collect, use, and protect user data.

BNP Paribas offers integrated execution-to-custody services to clients. They have a strong presence in the market with a global network of over 70 countries.

BNP Paribas acts as a custodian for its clients, providing a range of services including cash and securities custody, accounting, and reporting. This allows clients to have a single point of contact for all their financial needs.

Consider reading: Fortis Bank Bnp Paribas

As a custodian, BNP Paribas has the ability to hold and safeguard securities and cash on behalf of its clients. This can help reduce the risk of loss or theft of assets.

BNP Paribas has a long history of providing custody services, dating back to the 19th century. Their expertise in this area has been built over many years.

By acting as a custodian, BNP Paribas can also provide its clients with access to a range of investment products and services. This can help clients to diversify their portfolios and achieve their investment goals.

For another approach, see: BNP Paribas

Swissquote has a strong presence in the world of sports and finance through its partnerships and sponsorships. The company has been the official partner of Manchester United from January 2015 to May 2021, making its services accessible to the club's massive global fan base of over 650 million people.

Swissquote's partnership with Manchester United aimed to reach a wider audience, leveraging the club's massive following to promote its services. The company's branding and services were made available to the club's fans worldwide.

In addition to its partnership with Manchester United, Swissquote has also become the official sponsor of several ice hockey teams, including the Genève-Servette Hockey Club and the ZSC Lions. This partnership extends from 2020 to present, with Swissquote's branding appearing on the teams' jerseys and across stadiums.

Swissquote has also become a partner of the UEFA Europa League and UEFA Europa Conference League since 2021. This partnership provides the company with advertising and hospitality perks at 342 games yearly, as well as opportunities for coordinated social media and online marketing.

Here are some of the key partnerships and sponsorships that Swissquote has been involved in:

Swissquote's partnerships and sponsorships demonstrate its commitment to reaching a wider audience and promoting its services through various channels. By partnering with prominent sports teams and leagues, the company is able to increase its visibility and build its brand reputation.

Swissquote's financial performance has been impressive, with a 19% revenue growth reported. This significant increase is a testament to the company's strong market presence.

The company's pre-tax profit for the first half of the year surged 35.9% to CHF 169.7 million. This is a remarkable achievement, demonstrating Swissquote's ability to adapt and thrive in a competitive market.

Swissquote has raised its 2024 pre-tax profit target to CHF 320 million, a bold move that indicates confidence in the company's future prospects.

Swissquote went public on 29 May 2000, listing 410,000 registered shares with a total value of CHF 100 million on the SIX Swiss Exchange under the symbol SQN.

This marked a significant milestone for the company, which obtained its banking license in the same year.

In 2000, Swissquote listed 410,000 registered shares on the SIX Swiss Exchange, raising CHF 100 million.

The listing under the symbol SQN provided Swissquote with a solid foundation for future growth and expansion.

Obtaining its banking license in 2000 enabled Swissquote to offer a wider range of financial services to its clients.

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Swissquote has reported a significant 19% revenue growth, a truly impressive milestone for the company. This growth is a testament to the firm's strong financial performance.

The company's pre-tax profit for the first half of the year surged 35.9% to CHF 169.7 million. This is a remarkable increase that highlights the firm's ability to manage its finances effectively.

Swissquote has also raised its 2024 pre-tax profit target to CHF 320 million. This new target reflects the company's confidence in its future financial performance.

The company's success is also reflected in its client assets, which have reached a record CHF 68 billion. This is a significant increase and a clear indication of the firm's growing reputation and customer base.

Swissquote offers a wide range of services for private individuals, including trading with access to various financial instruments.

You can trade stocks, ETFs, bonds, options, futures, and structured products with Swissquote. Exclusive features like Swiss DOTS and Themes Trading are also available.

Its cryptocurrency services provide a convenient way to manage digital assets, with trading, custody, wallet solutions, and staking options.

The CFXD platform and MetaTrader 4 and 5 are available for Forex and CFD trading, and feature Autochartist for trading signals.

You can also take advantage of banking and savings options, including "Invest Easy" for portfolio management and "3a Easy" for retirement savings.

Checking accounts, debit cards, and mortgages are available in partnership with Luzerner Kantonalbank.

The Yuh app, developed with PostFinance, provides tools for payments, savings, and investments.

Here are some of the key services available to Swissquote's retail clients: