All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.52
Rand / Euro = 19.80
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Credit Suisse Review

Credit Suisse Review
 

Overall Credit Suisse is a trustworthy and low-risk broker with an overall rating of 6 out of 10. Credit Suisse provides a variety of algorithmic trading strategies to help reduce market impact.

 

Credit Suisse at a Glance

 

🔎 Broker's NameCredit Suisse
📍 HeadquarteredSwitzerland/New York
📅 Year Founded1996/1999
⚖️ Regulating AuthoritiesNone
🌐 Countries not accepted for trade No countries mentioned
☪️ Islamic account (swap-free)Yes
👍 Demo AccountNo
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum LeverageNot applicable
💰 Minimum DepositNo minimum prescribed
💳 Deposit OptionsNot indicated
💳 Withdrawal OptionsNot indicated
💻 Platform TypesPrimeTradeTM, my Solutions, Merlin, FIX Connectivity
📱 OS CompatibilityWeb, iOS and Android, Desktop
📈 Tradable assets offeredForex, CFDs
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish
📆 Customer Service Hours24/7
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 0

Regulators

Not Regulated

Trading Platform

PrimeTradeTM, my Solutions, Merlin, FIX Connectivity

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

📍 Choose your quick section of our Credit Suisse review below.

 

Credit Suisse Review – 22 key points quick overview:

 

  1. ✔️Credit Suisse Overview
  2. ✔️Credit Suisse Safety and Security
  3. ✔️Credit Suisse Leverage
  4. Credit Suisse Accounts
  5. Credit Suisse Market instruments
  6. Credit Suisse Fees
  7. Credit Suisse Deposit and withdrawal
  8. Credit Suisse Trading platforms
  9. How to open a Credit Suisse account step by step
  10. Credit Suisse Customer support
  11. Credit Suisse Education
  12. Credit Suisse Research
  13. Credit Suisse Awards
  14. Credit Suisse Current Popularity Trend
  15. Credit Suisse vs Etoro vs XM – Comparison Table
  16. Credit Suisse Best Countries by Traders
  17. Credit Suisse Customer Reviews
  18. Credit Suisse Pro and cons
  19. Conclusion
  20. Disclaimer
  21. Risk Management
  22. Frequently Asked Questions

 

Credit Suisse is also involved in many humanitarian and sponsorship projects around the world, most of which are detailed in a company newsletter and online magazine.

 

Credit Suisse Overview

 

Credit Suisse Overview

 

According to research in South Africa, Credit Suisse is a banking and investment company established in 1996 with headquarters in Switzerland and locations worldwide.

 

Credit Suisse Asset Management, LLC is a fee-based advisor in New York City established in 1999 that works with high-net-worth individuals and institutional clients. There are around 100 advisors employed, and the firm has more than $71.47 billion in assets under management.

 

Their website offers prospective customers and current client information is presented in a professional, easy-to-read style, although it lacks essential information on its services as a brokerage.

 

Credit Suisse is an established and reputable Forex broker with an international presence. In their capacity as bankers, Credit Suisse provides several standard services such as personal banking, loans, mortgages, investments, and wealth management.

 

Apart from providing personal banking and Forex services, including secure online banking, Credit Suisse claims to provide ‘innovative solutions to corporations and governments.

 

Credit Suisse is also involved in many humanitarian and sponsorship projects around the world, most of which are detailed in a company newsletter and online magazine.

 

📍 The following investment strategies are available at Credit Suisse:

Quantitative Investment Strategies (QIS)

Credit Investments Group

Commodities

Quantitative Trading

Insurance Linked Strategies

 

While Credit Suisse has put a lot of care and detail into giving the consumer a detailed and information-packed website that covers all areas of the company, it can be a little overwhelming and is not always easy to navigate. Apart from this, although the site tells a lot about this esteemed institution, it is difficult to find all the important detail if you want to join them as a forex trader.

 

Credit Suisse Safety and Security

 

Credit Suisse Safety and Security

 

One of the best benchmarks to measure the safety of a broker like Credit Suisse is to establish which regulating authorities are watchdogs over its actions.

 

There is no information available regarding Credit Suisse regulation.

 

Min Deposit

USD 0

Regulators

Not Regulated

Trading Platform

PrimeTradeTM, my Solutions, Merlin, FIX Connectivity

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Credit Suisse Leverage

 

Credit Suisse Leverage

 

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

 

Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. If you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.

 

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g., 5% or 1%), and you must have funds in your trading account to ensure sufficient margin.

 

For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.

 

The Credit Suisse website does not give any information on what maximum leverage ratio traders can use.

 

Credit Suisse Accounts

 

Credit Suisse Accounts

 

A forex account at Credit Suisse is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

 

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.

 

Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.

 

Credit Suisse provides a variety of algorithmic trading strategies to help reduce market impact, improve performance versus benchmarks and allow clients to focus on the bigger picture.

 

Access is available through most Foreign Exchange OMS/EMS platforms, via direct FIX integration, as well as via PRIMETrade (Credit Suisse’s Single Dealer Platform), offering seamless algorithmic order submission and execution.

 

The firm does not list a specific minimum account size but since all the individual clients are classified as high-net-worth, it is likely that a high minimum is required, likely at least $1 million.

 

Min Deposit

USD 0

Regulators

Not Regulated

Trading Platform

PrimeTradeTM, my Solutions, Merlin, FIX Connectivity

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Credit Suisse Market instruments

 

Credit Suisse Market instruments

 

The most popular market instruments available from most brokers for trading include:

 

Forex

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

 

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a significant role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

 

Indices

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies in a nation.

 

Precious metals

The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a significant role in the commodities market and are contract-based tradable goods.

 

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.

The Credit Suisse website is not clear on what trading asset classes are available for traders who want to make use of its brokerage services.

 

Credit Suisse Fees

 

Credit Suisse Fees

 

Cost depends on several factors, like spread and margins, and Credit Suisse clients may also experience different fee structures according to their country or place of residence.

 

The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

 

Margin is the amount of money required in your account to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.

 

Fees at Credit Suisse are based on a percentage of assets under management and fee schedules depending on the strategy used. For QIS, the management fee will be between 0.50% and 1.50%.

 

For CIG strategies, the fees range from 0.20% to 0.75%. For commodities strategies, it ranges from 0.40% to 0.80%. Legacy strategies fees range from 0.39% to 1.50%. The quantitative trading strategy has an annual management fee of 0.75% plus operating cost pass-through.

 

Performance-based fees may also apply.

 

Credit Suisse Deposit and withdrawal

 

Credit Suisse Deposit and withdrawal

 

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.

 

📍 In the case of Credit Suisse, the following are required:

The firm does not list a specific minimum account size but says it may impose one. Given that all the individual clients are classified as high-net-worth, it is likely that a high minimum is required, likely at least $1 million.

 

Credit Suisse Trading platforms

 

Credit Suisse Trading platforms

 

The forex trading platform provided by Credit Suisse to its clients is the software to carry out their trades. Some brokers provide only one, and others quite a few platforms.

 

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

 

Credit Suisse provides the following platforms:

 

PrimeTradeTM

Credit Suisse PrimeTradeTM is a proprietary multi-asset trading platform giving access to futures, foreign exchange, cash treasury, and precious metals markets.

 

my Solutions

The Credit Suisse my Solutions portal enables a trader to design, price and trade structured and flow products that are tailored to your needs.

 

Merlin

Credit Suisse Merlin provides the ability to trade a spectrum of vanilla FX options to exotic products and complex strips.

 

FIX Connectivity

Credit Suisse’s FIX infrastructure offers tailored connections to major vendor platforms to support client execution and STP requirements.

 

How to open a Credit Suisse account step by step

 

📍Opening a demo account with Credit Suisse is a relatively simple process, which will consist of the following steps:

 

🔴Step 1 – Open Your Account

Visit the Credit Suisse website, Click on “Open new to Credit Suisse Direct” in the bottom left-hand corner of the website

 

How to open a Credit Suisse account step by step STEP 1

 

🔴Step 2 – Fill out the form

Similarly, to a bank, to register a forex trading account with Credit Suisse for the first time, you will be required to go through a basic “know your customer” process, which will allow Credit Suisse to ascertain that your submitted details and ensure the safety of your funds and account details.

Customers can open an account by contacting the institution itself.

 

Credit Suisse Review

 

Credit Suisse Review

 

Credit Suisse Review

 

Credit Suisse Review

 

Min Deposit

USD 0

Regulators

Not Regulated

Trading Platform

PrimeTradeTM, my Solutions, Merlin, FIX Connectivity

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Credit Suisse Customer support

 

Credit Suisse Customer support

 

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.

In the case of Credit, Suisse customers can reach the support team via phone or email.

 

Credit Suisse Education

 

Credit Suisse Education

 

Before starting to trade, potential clients of Credit Suisse should avail themselves of all the information and trading skills needed to be successful in the world of forex and commodity trading.

 

Credit Suisse does not indicate on its website what educational support is available to traders.

 

Credit Suisse Research

 

Credit Suisse Research

 

To be able to trade with confidence, traders should do as much research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they do not lose money unnecessarily and trade as profitably as possible.

 

Credit Suisse, they have access to a team of experts, which can assist traders with all their needs.

 

Credit Suisse Awards

 

Credit Suisse Awards

 

Being an awarded company instills extra confidence in traders.  Credit Suisse can show several awards accumulated during its years in business. Credit Suisse has won the prestigious ‘Best Private Bank for Entrepreneurs’ award from Professional Wealth Management (PWM) and The Banker for two years.

 

Credit Suisse Current Popularity Trend

 

As According to Google Trends, here is an overview of how frequently the search term – “Credit Suisse” is entered into Google’s search engine over a given period of time.

 

Credit Suisse Current Popularity Trend

 

Credit Suisse vs Etoro vs XM – Comparison Table

 

🔎 Broker🥇 Credit Suisse🥈 eToro🥉 XM
💰 Minimum DepositNo minimum prescribed$1000 USD$5 USD
📝 Sign-Up BonusNo☑️ Yes☑️ Yes
➕ Max. LeverageNot applicable1:4001:888
💵 Currency Pairs4757
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Credit Suisse Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇United States79.03%
🥈United Kingdom10.51%
🥉Switzerland5.68%
🥈Hong Kong2.47%
🥇Germany2.31%

 

Credit Suisse Review

 

Credit Suisse Customer Reviews

 

For me, it is best Bank directly.

For me, it is the best Bank directly from Switzerland…You cannot get better than them…Thanks for your great work and assistance every time.

ECN Broker Trustpilot Stars

 

Total Bankers!

As a firm believer in bankers being misspelled.
I was very fortunate to run into the pandemic team based in Leatherhead.
Credit Suisse was “creditable” for providing nourishment from my van for the team based locally for much longer than they needed to during 2025.
I am very grateful to the team that was based in Leatherhead for their continued generous support and observation of safe distancing.
Thank you

ECN Broker Trustpilot Stars

BEST Swiss Bank all over my country

BEST Swiss Bank all over my country, best support team, and excellent service.Highly recommended!!!5 stars

ECN Broker Trustpilot Stars

Credit Suisse Pro and cons

 

✔️ Pros❌ Cons
Locations and clients worldwideNo information on regulation
Reputable Forex broker with an international presenceThe website lacks information on forex trading
Website looks professional
Well-known banking and investment company

 

Conclusion

 

Overall, Credit Suisse is a  trustworthy and reliable broker that provides traders with ample digital tools.  Credit Suisse has a multi-asset trading platform that allows clients to trade forex as well as other asset classes. Credit Suisse provides a variety of algorithmic trading strategies to help reduce market impact.

 

Disclaimer

Credit Suisse warns potential customers that Forex and CFDs trading always carries a substantial risk and may not be suitable for all investors.

Before deciding to trade with Credit Suisse, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

Credit Suisse warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence Credit Suisse cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

Risk Management

 

Credit Suisse is a global financial services company based in Switzerland that provides various services such as wealth management, investment banking, and asset management. The company has a strong emphasis on risk management, which is a crucial part of its operations. This involves identifying, assessing, and prioritizing potential risks to the company, and taking steps to mitigate or manage those risks effectively. Some of the key aspects of Credit Suisse’s risk management approach include:

 

  • Risk identification: identifying potential risks to the company through a range of methods, including scenario analysis, stress testing, and operational assessments
  • Risk assessment: evaluating the likelihood and impact of each identified risk, and prioritizing them based on their significance
  • Risk mitigation: implementing measures to minimize or eliminate the impact of risks, including the development of contingency plans, improving processes and systems, and increasing the level of insurance coverage
  • Risk monitoring and reporting: regularly monitoring and reporting on the effectiveness of risk management processes, and making any necessary adjustments to ensure they remain effective over time.

 

Frequently Asked Questions

 

How many instruments can I trade with Credit Suisse?

You can trade several different instruments with Credit Suisse, which include the following:

  • Forex
  • CFDs

 

Which platforms are supported by Credit Suisse?

Credit Suisse provides the following popular trading platforms:

  • PrimeTradeTM
  • my Solutions
  • Merlin
  • FIX Connectivity

 

What spreads can I expect with Credit Suisse?

Details on the website are not comprehensive, more information can be obtained from the customer support service.

 

Does Credit Suisse charge a commission?

Yes, more information on commissions can be obtained from the customer support service.

 

What is the overall rating out of 10 for Credit Suisse?

Credit Suisse overall rating is 6/10.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

January 30, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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