Swissquote is not scam
The reason: Swissquote is considered reliable as it has multiple top-tier regulation globally, such as the Swiss FINMA or the UK FCA.
See below the full list of regulators (country of clients - regulatory body):
- Switzerland - Swiss Financial Market Supervisory Authority (FINMA)
- UK - Financial Conduct Authority (FCA)
- UAE - Dubai Financial Services Authority (DFSA)
- Hong Kong - Hong Kong Securities and Futures Commission (SFC)
- Singapore - Monetary Authority of Singapore (MAS)
- Custody services for fund managers - Malta Financial Services Authority (MFSA)
- European countries - Commission de Surveillance du Secteur Financier
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Is Swissquote scam?
Other factors ensuring that Swissquote is not a scam
See whether Swissquote clients are entitled to investor protection in the event that Swissquote goes bankrupt:
| Swissquote investor protection | |
|---|---|
| Investor protection amount: | CHF 100,000 for cash at the Swiss and UAE entity, £85,000 at the UK entity, HKD 500,000 at Hong Kong entity, none at other entities |
There are other factors you can check to make sure Swissquote is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
| 🌎 Country of origin | Switzerland |
| 📅 Foundation date | 1,996 |
| 🏛 Banking background | Yes |
| 📈 Listed on exchange | Yes |
| 🗺️ Broker ownership is transparent | Yes |
| 👔 Broker management is transparent | Yes |
| 📋 Read more | Check out the Swissquote review for 2023 |
Is Swissquote scam?
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