We have an obligation towards our readers to constantly provide thorough and honest reviews of all brokers, without exception. If we approve the broker it is a definite proof that you don’t have to worry about trading with that company. Next on our long list of reviews is Swissquote Forex Review 2016, an examination of this Swiss company founded in 1996. That means that this is a company founded 20 years ago and still one of the largest in the forex world! They are a truly global player with offices in Dubai, London and Hong Kong and a proud partner of Manchester United FC, which establishes this company as a recognized brand. But we never trust what others say, so we wanted to check for ourselves how good this broker actually is. We have analyzed all features this broker has to offer and we were actually pretty surprised with some of the things we found. Stay with us to the end of this Swissquote Forex Review 2016 and learn something about this famous company!
Swissquote Forex Review 2016 | Trading platform
A good trading platform has to be the top priority of every broker. You will be spending hours and hours every day on it, so it has to be easy to use and reliable. What Swissquote offers is trading through their own platform or through MetaTrader 4 and 5, so they have everyone covered. Their in-house developed Advanced Trader platform is an excellent choice for everybody, with some special features like exclusive live market commentary from FX Insider. This platform is available in 3 ways. For the desktop version, just download it, install it on your computer and login using your data. Web version basically provides the same features as desktop version; the only difference is you can use it on any computer as no download is required. If you want to trade on the go, then their mobile version is perfect for you, but if you want a more classic approach, you can always use the legendary MetaTrader 4 or 5. Just use the Swissquote login data and you are good to go. Stay with Swissquote Forex Review 2016 and see how to get started properly with this broker!
Swissquote Forex Review 2016 | Opening an account
To start trading you of course first have to open an account, and we are going to show you how to do it. This is a simple task, but sometimes people get confused, so all you have to do is follow our instructions. First go to their website and look for a tab that says “Open an account”. After you click on it, you only need a few minutes to complete this. Here you have to give your personal information, residence address and contact details. On top of that, you have to provide proof that the information you gave is real, like a copy of your ID or passport and something with your address (bank statement or utility bill).
All this information is important because it is here for your protection and part of a standard procedure for opening an account with any broker. Before opening a real account, you can always try trading with Swissquote Demo Account. It is an excellent practice for all beginners where you don’t lose any money if you make mistakes, since you will be trading with virtual money. Keep reading this Swissquote Forex Review 2016 and find out more about the money transfers!
Swissquote Forex Review 2016 | Deposit and withdrawal
With Swissquote you won’t have any problems regarding the transfer of your money, since it is very safe and easy for everyone to do it. A quick way to do this is by using your credit card, since your account will be funded instantly. They accept Visa and MasterCard and have a really low transaction fee of only 1,7% – 2% of funds deposited. Another option to make your deposit is to make a bank wire transfer. To use this method, you have to have an active account with Swissquote, and the money will be in your account the same day you make the transaction. As for the withdrawals, you only have to fill out a form and send it to Swissquote. Just remember that withdrawals can only be made via bank transfer to your bank account. As we have already stated in our Swissquote Scam Test 2016, banking with this broker is totally safe and secure, so no worries there. Stay with us just a little bit more, we only have one more thing to cover in this Swissquote Forex Review 2016!
Swissquote Forex Review 2016 | Trading
For the end of this Swissquote Forex Review 2016 we just wanted to write a few words about trading conditions. With Swissquote you can trade 24 hours a day, 5 days a week in an optimal Forex environment. They have competitive spreads with no additional commissions, with target spreads like 0.9 on Euro vs. US Dollar, and we have covered this topic much more thoroughly in our Swissquote Spreads article. Another great advantage of trading with this company are their excellent and flexible leverage options. Default leverage is 100:1, which gives you plenty of maneuvering space when it comes to assessing your potential risks and profits. However, the leverage can easily be increased, so you can get even more possibilities. We wrote a lot more on this topic in Swissquote Leverage article, so read it all there. But not before you read our conclusion.
Swissquote Forex Review 2016 | Conclusion
Our final verdict in this Swissquote Forex Review 2016 is that this is definitely an excellent broker worth trading with. Here are the reasons: they have an excellent choice of trading platforms, opening an account is extremely easy with them, deposit and withdrawals are never a problem and they have really good trading conditions. If Manchester United can partner with them, so should you! Trust our judgment and open an account with this broker right now!