Is Swissquote Safe and Legit?

How Safe Is Swissquote?

Based on WikiFX data, the safety assessment of Swissquote is mainly supported by the following 4 core evidence points:

1. Regulation Data

Swissquote holds valid licenses issued by at least one regulator rated AAA — SFC (Hong Kong) and FCA (United Kingdom). AAA is the highest level in the WikiFX regulatory rating system, representing strong regulatory oversight, strict licensing requirements and high international recognition, providing strong support for Swissquote's regulatory foundation. See the "Is Swissquote Regulated?" section below for the complete list of Swissquote's regulators and their respective ratings.

2. WikiFX Score

Swissquote's WikiFX overall score is 7.58 out of 10, in the good-score range (Good level). It includes the regulation index 7.58, the risk control index 7.98, the business index 8.69, the reputation index 7.00, the technology index 8.01, with good overall performance across regulation, risk control, business, technology and reputation.

3. User Exposure

In the WikiFX data retrieved, the total number of user feedback records for Swissquote is 64 — 53 marked as exposure, 3 as neutral and 8 as positive. No concentrated complaints or clear high-risk signals were found, but users should still pay attention to this feedback and assess the related risk before making a decision.

4. WikiFX Survey

According to WikiFX survey records, the WikiFX survey team has visited UAE, Singapore, Hong Kong, United Kingdom and Malta to conduct on-site inspections of Swissquote. The verification confirmed that Swissquote maintains genuine business premises at these locations, consistent with its publicly registered information.

Swissquote Key Information at a Glance

Is Swissquote Regulated?

Regulation is one of the most important dimensions in assessing a broker's safety. Holding a valid regulatory license means the broker must comply with requirements on fund segregation, client protection and information disclosure. However, it is important to note that holding a license does not equal absolute safety — the regulatory rating, license status, applicable entity and coverage region all affect the actual level of regulatory protection. WikiFX has established an independent rating system for regulators to help users understand the strength of different regulators.

Yes, Swissquote is regulated. The broker holds valid forex licenses issued by SFC (Hong Kong), FCA (United Kingdom), DFSA (UAE) and MAS (Singapore).

Below is the complete list of regulators for Swissquote by jurisdiction:

How Does WikiFX Verify Swissquote's Safety?

WikiFX's assessment of broker safety does not rely on a single license or score alone, but combines regulation, score, risk records, survey information and user feedback for a comprehensive evaluation.

First, WikiFX continuously tracks a broker's regulatory status, including regulators, license types, license status, regulatory ratings and corresponding entities, to help users determine whether the broker is under effective regulation. Second, WikiFX uses its Sky Eye scoring system to evaluate brokers across regulation, risk control, business, technology and reputation, helping users quickly understand the platform's overall risk level.

At the same time, WikiFX also incorporates user exposure, complaints, on-site survey results and clone risk alerts to verify how a broker actually performs in real operations. For users, regulatory information reflects the basic compliance level, the score reflects overall performance, exposure and complaints reflect real user feedback, and survey and clone risk information can further help identify the authenticity and potential risks of a platform.

Therefore, when judging whether Swissquote is safe, you should not only look at whether it holds a license, but also review its regulatory rating, WikiFX score, user exposure, recent complaints, survey records and clone risk information before making a more prudent decision.

Swissquote's Clone Platforms & Risk Warnings

Clone websites are a common form of fraud in the forex industry — fraudsters set up fake websites under the name of a legitimate broker to lure users into fake account-opening links, which can lead to loss of funds and leakage of account information.

According to WikiFX data, 3 clone/fake platforms related to Swissquote have been identified, which are labeled as Unverified (XNUO, FX Margin and NORVATIX). These clone platforms may impersonate Swissquote to lure users into fake account-opening links, causing loss of funds and leakage of account information. Users should stay highly vigilant and avoid opening accounts or depositing funds through untrusted links. Always verify a broker's qualifications through official regulatory channels.

How Is Swissquote's Reputation & Risk Record?

According to WikiFX data, Swissquote's reputation score is 7.00 (Good level), reflecting a good level of market recognition and brand influence.

From the user feedback perspective, the WikiFX data retrieved recorded 53 user exposure or complaints for Swissquote, but no concentrated risk signals were found. In addition, Swissquote holds valid licenses issued by multiple high-rated regulators such as SFC, FCA and DFSA, providing a solid regulatory foundation.

Overall, Swissquote performs well in terms of reputation, regulation and user feedback, and its overall safety level is relatively high.

How Does Swissquote Compare with Other Brokers?

Based on data from the WikiFX global broker ranking, the following 3 brokers with overall scores close to Swissquote are selected for comparison to help you understand where Swissquote stands among similar brokers.

Find a Safer Broker on WikiFX

If you would like to filter for a more suitable broker, you can visit the WikiFX broker filter or ranking page and filter by regulatory rating, WikiFX score, region, supported platforms, and other criteria to find a broker that suits you better.