Is Swissquote a Scam?
A man can never be too careful when it comes to online trading. Scams have been known to happen in this industry. Fortunately, they are not that common, primarily thanks to some pretty strict regulation and reliable security systems that brokers deploy. Still, you should always look for confirmation that the website you want to trade on is legit before you deposit your money there. This article is one such confirmation. In it, we will show you is Swissquote a scam or a broker that can be trusted, all through our own experience and publicly available data. We do this so that you don’t have to risk anything, so give us a minute of your time and gain valuable information.
Is Swissquote a Scam? | A financial institution
To show you is Swissquote a scam or not, allow us to present you with several interesting facts. First, the company has been operating in Switzerland for about 20 years now, and if any country has strict financial policies, it’s this one. Furthermore, shortly after the company’s launch, Swissquote became listed on the Switzerland’s main stock exchange. This happened in May 2000, whereas one year later they got their license. From then on, they have been supervised by FINMA, which means they have continuously displayed reliability and professionalism over the years. Yes, Swissquote is completely legit and you can be absolutely sure no financial fraud will never even be attempted by them. But we have more details to share with you in the next paragraph, so stick around.
Is Swissquote a Scam? | No withdrawal problems
We also have to mention that Swissquote has a Tier 1 Capital Ratio, which confirms that the whole company is financially stable. However, if you have read our Swissquote Review, you know that there are many other factors that have to be taken into consideration when examining a broker. Fortunately, they are all excellent. The trading platform is quick, smooth and 100% accurate all of the time, so you can count on relevant information to be delivered to you instantly. Both withdrawals and deposits work absolutely perfectly and we never had any money problems. The broker will always fulfil its part of the deal and, what is perhaps even more important, the money will always be transferred on time. Everything else also functions extremely well, so you are in for an excellent trading experience no matter how you look at things.
Is Swissquote a Scam? | Conclusion
Is Swissquote a scam? No, it is something completely opposite of that. This is a big and serious financial institution, fully regulated and constantly tested by Switzerland’s financial authorities. It has everything you would want from a broker and more. It is a full-fledged bank, after all. Therefore, if you’re serious about becoming a professional trader, this company is perfectly suited to provide you with everything you need. Open an account with them because here you will always have a huge financial institution right by your side.
Hello! I’m Mark Watson, born and raised in Scranton, PA. I’ve been investing online ever since I started college at the University of Pennsylvania (go, Quakers!), where I was an undergraduate student of Economics. At first, I didn’t invest much, I was just hoping to get some extra pocket money, but with time I realized how math and patterns can actually be of great help in this line of work.
After a few years, I moved to London School of Business and Finance to continue pursuing my career in investing, and I eventually landed a job at Credit Bank Europe. The experience I got there was invaluable, plus it assured me that online trading was something I want to do for a living. Sure enough, I became a trading manager in 2015 with FXVC Online Trading, but a little while later I started working on my biggest project so far – BinaryOptionsTrading-Review.com.
The website is still going strong, and we have analyzed hundreds of brokers from all trading fields so far and helped hundreds of readers make the right choice. We also publish trading signals on a regular basis, which have proven to be accurate about 80% of the time!
And since the online trading industry is only growing, with cryptocurrencies and other similar products entering the fray, I am incredibly excited about what the next few years have in store for us. In short, if you want advice from a passionate trader, you’ve come to the right place!