Swissquote
| Title | Title |
|---|---|
| Year founded | 2000 |
| Location | Switzerland |
| Regulation | FCA (UK) |
| US Available | No |
| Trading instruments | Currencies, Crypto, Stocks, CFDs, Options, Futures, and Funds |
| Trading platforms | Advanced trader, Metatrader4® and Metatrader 5® |
| Minimum deposit | $1000 |
| Deposit methods | Wire Transfer and Credit Cards |
| Base currencies | 21 |
| Inactivity fee | Yes |
| Withdrawal fee amount | $10 |
| Max. Leverage | Up to 1:100 |
| Min. Spread | 1.1 pips |
| Currency pairs | 78 |
| Demo account | Yes |
| Social / Copy trading | Yes |
| Automated trading | Yes |
Swissquote ranks as a reliable option among traders as the broker has a banking license. The company provides services for stocks, options, futures, and funds from its center located in Switzerland. Simultaneously, the one in the UK is responsible for forex and CFDs and is regulated by the Financial Conduct Authority. Cryptos are also available. You can choose to trade via three different trading platforms, i.e., advanced trader mobile app, MetaTrader 4®, and MetaTrader 5®, with a minimum deposit of $1000. There are a few options to fund and withdraw, including Master/Visa credit cards and wire transfers.
The brokerage has a comprehensive education section on their website that covers useful information in eBooks, videos, and webinars to help beginners gain an edge in the industry. Top analysts also cover all the fundamentals and technicals. Maximum leverage of 100:1 is available with the ability to trade a minimum of 0.01 lots. For any questions, you can contact customer service via live chat, phone, and email from Monday to Friday, 8 am to 10 pm.
Pros
- Owned by a bank and regulated by top tier authorities
- A mobile app for trading on the go
- Quality market research by top analysts
- Quick customer support
- Tons of educational material
Cons
- No US clients are accepted
- High trading fees
- Minimum $1000 required to start trading
End of the Line
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A team of competent and experienced forex traders developed Forex Copier. They initially made the software for their own needs and, therefore, included everything that might help a trader gain an edge in mirror trading, including swissquote copytrading. The mirror trading software possesses an answer to all of your trade copying needs. Various benefits are at one’s disposal through the use of the trade copier, including:
- The ability to diversify your risks by spreading your equity to several accounts
- Automatic stop loss adjustments
- Price adjustments
- Lot/risk management
- Emergency stop
- Order filtering
Forex Copier is not affiliated with any brokerage yet provides support to copy positions from each. By installing Forex Copier on your PC/laptop, you can link two MetaTrader® platforms to copy trade mt4® and mt5® account positions.
