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Written by: Tamás G. Updated: Nov 2022
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Here's how to deposit money to Swissquote

Reading time: 3 minutes

It's great that you are looking for deposit options at Swissquote to take charge of your finances. We would encourage you to carry on! Your future self will be grateful to you.

There are several ways to start your journey, let's walk through the options together!

To give you a brief summary: Swissquote is a Swiss online broker with a banking license. It is listed on the Swiss stock exchange and regulated by several authorities globally, including the top-tier UK FCA.

THE ESSENCE:

  • The minimum deposit at Swissquote is $0
  • Swissquote charges $0 for deposits
  • You can only deposit funds from accounts that are in your name
  • Visit Swissquote's page to start the process
  • Swissquote is a reliable broker regulated by at least one top-tier regulator

First, let's see if Swissquote is available in your country?

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Swissquote minimum deposit
Is Swissquote safe?

To trust your money with a broker, you need to be sure that the broker is considered reliable. BrokerChooser only recommends regulated brokers, meaning the broker's operations are overseen by a trusted body.

Swissquote can be considered a legit broker, as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to access your funds.

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Swissquote minimum deposit
What is the minimum deposit at Swissquote?

At Swissquote, the minimum deposit is $0. This means that you can deposit as little money as you wish.

After you have completed the registration and verification process, you need to fund your account to start trading.

This is where you stand in your journey to your first trade at Swissquote

Brokers that don't require a minimum deposit do so to encourage people to try their services without requiring a large initial commitment.

Here's a tip: don't worry if you decide to switch brokers after depositing. You can always opt out and withdraw your funds.

Also, at Swissquote, there is no inactivity fee. This means that you won't be charged any fee, if you decide not to use your account in the future.

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Swissquote minimum deposit
What base currencies are available at Swissquote?

At Swissquote, the following base currencies are available: EUR, USD, GBP, CHF, JPY, AUD, CAD, NZD, PLN, SEK, DKK, NOK, HUF, TRY, ZAR, SGD, MXN, HKD, THB, ILS, AED, SGD. Try to deposit money to your brokerage account in your account's base currency, otherwise you will be charged a conversion fee.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

Swissquote minimum deposit
What deposit methods are available at Swissquote?

At Swissquote, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards.

All these options are great, choose the most convenient one for you to be able to start trading. And remember, you can only deposit funds from accounts that are in your name.

There is also a difference in average transfer time for different deposit methods. While credit/debit card and e-wallet transfers are usually instant, bank transfers may take 2-3 business days to arrive.

Deposit options Swissquote
Bank transfer Yes
Credit/Debit card Yes
Electronic wallet No

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Swissquote minimum deposit
Is there any deposit fee at Swissquote?

The answer is no. No deposit fees will be applied at Swissquote.

This is great because the broker won't deduct anything from your deposits, and you only have to calculate with the costs charged by the bank, or other third-party financial service you send the money with.

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Swissquote minimum deposit
How to deposit money to Swissquote account?

Here's a step-by-step guide:

  • Log in to Swissquote's client area
  • Look for 'Deposit' or 'Funding menu'
  • Choose your funding method
  • Provide the necessary details for the transaction
  • Check if the payment details are correct
  • If you are OK with it, you are ready to proceed
The interface to send the minimum deposit to Swissquote

If you get stuck during the process, you can always reach out to Swissquote's customer support. At Swissquote, customer support can be reached via live chat, phone and email.

Swissquote minimum deposit
Wrap-up

It is awesome that you have read through this article! We know that depositing can be frustrating, but you are on the right track, and it is okay to ask for help if you are unsure about something.

If you have a question or a suggestion, drop us an email to [email protected], and we will get back to you soon.

Author of this article

Tamás Gyuriczki

Author of this article

Tamás holds a Bachelor’s degree in Finance and Accounting and is one final exam away from his Master’s degree in Finance. He joined BrokerChooser in 2021 and his goal is to help investors and traders find the best platforms suited for their needs. In his free time, he likes reading about economics and building his own portfolio.

Tamás Gyuriczki

Junior Broker Analyst

Tamás holds a Bachelor’s degree in Finance and Accounting and is one final exam away from his Master’s degree in Finance. He joined BrokerChooser in 2021 and his goal is to help investors and traders find the best platforms suited for their needs. In his free time, he likes reading about economics and building his own portfolio.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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