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Swissquote fees and how they score

Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind Swissquote's cost score.

Facts last checked . Read the full Swissquote review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 1.0 pip, Prime
GBP/USD spread
Approx. 1.0 pip, Prime
Commission
€2.50 per side / €5 round turn, Elite
All-in cost, EUR/USD
Approx. 0.5 pips, Elite minimum
Spread type
Variable
Overnight swap
Both: positive swaps credited and negative swaps debited
Inactivity fee
10 account-currency units/month on applicable international forex accounts
Deposit fee
None for bank transfer; method-dependent otherwise
Withdrawal fee
Method/entity-dependent; bank transfer fees can apply
Currency conversion
From 0.95% on Swiss banking accounts; entity/account dependent

What this means

Cost is scored on what a trade actually costs all in, not on the headline spread.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Swissquote lists a minimum deposit of $1,000. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Swissquote fees

What is the EUR/USD spread at Swissquote?

Swissquote records an average EUR/USD spread of approx. 1.0 pip, Prime on a variable pricing model.

Does Swissquote charge commission?

Swissquote's commission is €2.50 per side / €5 round turn, Elite. A commission account usually pairs with a tighter spread, so the two have to be read together.

What does Swissquote charge to hold a position overnight?

Overnight financing at Swissquote is recorded as both: positive swaps credited and negative swaps debited.

Fees at brokers under the same regulator

More about Swissquote