Recently Swissquite don't publicate any holiday trading hours any more, we have to check other brokers holiday trading hours to guess what time Swissquote will stop the ticks. Usually Swissquote will... See more
Company replied
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Recently Swissquite don't publicate any holiday trading hours any more, we have to check other brokers holiday trading hours to guess what time Swissquote will stop the ticks. Usually Swissquote will... See more
Company replied
Great experience. I’m not experienced in investment at all. I had to learn a bit how to use the app, pretty intuitive. Also had to learn the terminology to purchase/sell items. The improvement I was... See more
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Swissquote Luxembourg Pretty awful. Joining via app - did not work, joining by web-did not work. Money laundering-did not work. Transfer in of equities - did not work, transfer out of equities-did... See more
Company replied
As a long time customer I can say how good is Swissquote service. Never had any major issues or always solved on time. Custome service is very good, smooth communication and the mobile app improves... See more
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Written by the company
Swissquote is Switzerland’s leading digital bank, offering a complete 360° spectrum of financial services – from everyday banking to global trading and long-term investing.
Our ambition is to make finance accessible to everyone by combining the security of Swiss banking with cutting-edge technology. Through our platforms, clients benefit from innovative, secure, and intuitive solutions covering payments, savings accounts, mortgages, leasing, and debit cards. In addition, we provide direct access to global stock exchanges, Forex and CFD markets, as well as a wide range of crypto assets – more than three million financial products in total. Whether it’s for daily transactions, building wealth, or diversifying investments, Swissquote empowers clients to manage their money with confidence, anytime and anywhere.
As of December 2024, Swissquote manages more than CHF 76.3 billion in assets, supported by record net new money inflows of CHF 8.3 billion. This marks an impressive 31.5% growth year-on-year. Headquartered in Gland, Switzerland, the Group operates offices in Zurich, Luxembourg, London, Malta, Bucharest, Cyprus, Dubai, Hong Kong, Singapore, and Cape Town. Swissquote Group Holding Ltd is listed on the SIX Swiss Exchange (symbol: SQN).
We are also the 100% owner of Yuh, Switzerland’s favourite financial mobile app, designed especially for the younger generation. Yuh combines banking, investing, and payments in one smart, simple, and budget-friendly app – a fresh way to start your financial journey.
Written by the company
Chemin de la Crétaux 33, 1196, Gland, Switzerland
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I wanted to transfer cash to a big crypto exchange. It got blocked without reason and after asking I got said it's policy. This block cost me already a fair deal of money and I suppose it's to prevent customers from moving money to a different platform with about 10x less fees! Lost my trust now and moving my money. Don't buy crypto here.
Reply from Swissquote
Swissquote Luxembourg
Pretty awful. Joining via app - did not work, joining by web-did not work. Money laundering-did not work. Transfer in of equities - did not work, transfer out of equities-did not work. Complaints handeling - gaslighting, confrontational, patronising, no follow up. Closing account via app- does not work. Closing a coconut via browser does not work
Expensive fees for a “sham” customer relation services which is worse than being responded to by bots. Far better off with a pure online service at a fraction of the cost
Reply from Swissquote
Applied for an account in May, and the entire process turned out to be a frustrating waste of time. Instead of a straightforward onboarding, I was put through an endless loop of document requests. My proof of address was rejected twice without any explanation of what was actually wrong with it, and I was then asked to prove my source of funds in painstaking detail, forcing me to dig through months of statements from multiple platforms.
After submitting everything they asked for, I heard nothing for weeks. Only after I chased them myself did I get a reply, and even that was just a vague "still processing." A full month and a half after applying, I finally received a rejection email that gave zero real reason, just a hollow "after careful consideration" line.
If a company is going to drag applicants through this many hoops, submitting document after document, the least they owe you is an actual explanation when they reject you. Instead, I got radio silence followed by a boilerplate brush-off. Whether this is standard practice at Swissquote or I simply had bad luck, the experience felt disorganized, opaque, and disrespectful of applicants' time. I would not recommend this if you're looking for a transparent or efficient onboarding process.
Reply from Swissquote
Answered all my complicated questions the very first round
Reply from Swissquote
Reply from Swissquote
Extremely long waiting time for opening an account (more than a month) and bad communication from their side.
Reply from Swissquote
The question answered quickly and understandable, great service.
Reply from Swissquote
Tried to transfer my holdings to another broker due to the relatively expensive custody fees. Filled in their annoying paper form, scanned and submitted it as requested. They called to acknowledge and said they will process it then did nothing. Sent a follow-up which was ignored. This isn’t the way to treat people. I will be forced to liquidate my holdings, transfer cash and re-buy. I will close the account.
Reply from Swissquote
Excellent, relayable, higly professional, great fast service and very client oriented.
congrats
Reply from Swissquote
Great experience. I’m not experienced in investment at all. I had to learn a bit how to use the app, pretty intuitive. Also had to learn the terminology to purchase/sell items.
The improvement I was searching for is a tool showing when an item can be sold with profit including the purchase and sales transaction costs.
Reply from Swissquote
Recently Swissquite don't publicate any holiday trading hours any more, we have to check other brokers holiday trading hours to guess what time Swissquote will stop the ticks. Usually Swissquote will stop the ticks 10-30 min before others do. The chance is you may be stuck with your positions in the market during the holiday if your guess is wrong. Once Swissquote stops the ticks, everything is done.
Reply from Swissquote
I am an old customer and I used to be satisfied until their compliance department started harassing me with KYC crap. Swissquote have become worse than a French bank - that's something. I ended up sending them my tax return to get the intrusive requests to stop and I even had to threaten closing my account for the rep to understand how annoying and disrespectful this was. Dumb questions stem from lack of doing their homework by examining the file and history before asking. What drove me over the edge: a mere few months after a human stopped harassing me, the system is now doing it automatically: blocking access and requesting that I answer the SAME personal questions and upload AGAIN my ID which they already have on file obviously. As soon as I can spare the time I am switching to my old and trusted cantonal bank that does not give me anywhere near this $hit under the excuse of "KYC". At least THEY know and respect me.
Edit: see their reply below. “If I believe…” downright insulting. Why can’t they contact me, after looking at the case? minus one star 🤷
Reply from Swissquote
Reply from Swissquote
Very high hidden fees for currency conversions. The platform is very unclear as well.
Reply from Swissquote
Platform full of BUGS & GLITCHES.
Worst and most discriminatory trading bank around. They totally ignore any complaint, and non-existent customer support. Card the issue most of the time don’t even work.
This bank is bombarded by hackers which still your data and money (FINMA advised them to fix issues).
My complaint to OMBUDSMAN, in Zurich, was ignored as they have non-binding power.
Now suing them, in Court.
Next month will start proceeding.
Took all screenshots and video, as you perfectly know, Mr.Burkie (CEO of bank) !!!
No chance with me man.
Stay away from it, and do as I do, write bad review, once a month, to expose findings, and advise others, and, in the end, sue. Period.
Reply from Swissquote
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