Swissquote Review 2024: Pros, Cons, & Fees

swissquote review

It has the capabilities of recognising emerging and completed trade setups and will send you alerts when it finds them. I like how Autochartist can identify regular chart patterns, Fibonacci patterns and key levels. Trading setups are given a quality score based on historical performance. Historical performance is by no means a guarantee for future performance. Swissquote addresses client inquiries through several channels, encompassing live chat, email, and telephone support, ensuring that clients have multiple avenues to seek assistance. Friendly yet professional group of guys who actively and rapidly cooperate to make things happen.

swissquote review

Before you trade, AskTraders.

  1. The broker has been in business since 2010 and has a strong reputation.
  2. Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles.
  3. It has also developed an intuitive proprietary CFXD platform featuring charts from TradingView.
  4. The platform also accommodates complex order types, such as OCO (One Cancels the Other) orders.
  5. Expert Advisors, helpful tutorial videos, and low leverage in conventional markets like stocks and currencies are all features that traders may utilize on the platform.
  6. In addition, customers need to respond to several simple questions designed to gauge their level of financial literacy.

I used the built-in editor to develop and back-test my own strategies in the multi-currency strategy tester with tick data. The marketplace has a large selection of EAs, some of which are freely available and some of which require a fee. MT5 has a good selection of technical indicators which can be used to detect trends and help forecast price direction. Users can choose from the 80+ built in indicators or create their own in the MetaEditor. The MQL marketplace has thousands of additional custom indicators that can be added to the platform. MT5 also has over 40+ chart analytical objects including Gann, Fibonacci and Elliott tools, geometric shapes, a variety of channels, levels for support/resistance and more.

Outdated tools, given the high pricing

Swissquote offers multifaceted research content catering to the needs of beginners and seasoned traders. Swissquote offers 24/5 customer support in several languages, including English, French, German, and others. You can submit your question to Swissquote’s automated chatbot or go through the FAQ section of the website for more general queries. Phone support is available to all, but live chat with an agent is exclusive to registered clients. It facilitates technical analysis by providing an overview of price action behavior. Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles.

Deposit and Withdrawals

The platform tries to integrates powerful tools and plugins to facilitate smoother trading operations. These include in-built risk management tools, customizable charts, and trading indicators to assist traders in making informed decisions. The Advanced Trader platform is available across web terminals, desktop applications, and mobile trading apps, ensuring traders can access their accounts from their preferred device. The advanced trading platform provided by Swissquote offers real-time market data, trying to enable traders to stay informed about the latest price movements and market trends. Interactive charts with customizable indicators and technical analysis tools empower traders to conduct in-depth market analysis, identify patterns, and make well-informed trading decisions.

Trustpilot Users’ Review About SwissQuote

It provides access to actionable trading ideas on a number of instruments at all times. The first thing that struck me about CFXD’s charts was their fluidity. As you can see above, price action is represented clearly and elegantly. Unlike other, more cumbersome platforms, applying two or more indicators and drawing tools to the chart does not obscure the price action.

Trading 212 Review 2024: Fees, Platforms, Apps, Pros & Cons

The broker has been in business since 2010 and has a strong reputation. Here’s an overview of its offerings, regulation, platform and more. SwissQuote offers a robo-advisory account for investment in funds. The robo-advisory platform, introduced by SwissQuote, although requires very little human supervision, features automated investment services. Non-trading fees are those fees that are incurred by a trader when using a broker’s financial services, irrespective of the number or type of trades they make.

Yes, SwissQuote offers a free demo account with a $100,000 balance. Swissquote offers virtual 50,000 CHF credit to experience Robo Advisor in a live market. There is no deposit fee charged by SwissQuote on deposits of $500 or more for cryptocurrency trading.