Swissquote offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
Swissquote at a Glance
| 🔎 Broker's Name | Swissquote |
| 📍 Headquartered | Gland, Switzerland |
| 📅 Year Founded | 1990 |
| ⚖️ Regulating Authorities | FINMA, CSSF, FCA, DFSA, SFC, MAS and MFSA |
| 🌐 Countries not accepted for trade | USA |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1: 100 |
| 💰 Minimum Deposit | $ 1 000 / R14 211.85 |
| 💳 Deposit Options | Credit cards Debit cards Bank Wire Transfers |
| 💳 Withdrawal Options | Credit cards Debit cards Bank Wire Transfers |
| 💻 Platform Types | Bank Wire Transfers Platform Types MetaTrader 4, MetaTrader 5 and Advanced Trader |
| 📱 OS Compatibility | PC, Mac, Web, Android, iOS |
| 📈 Tradable assets offered | Equities Warrants and derivatives Options and futures Funds ETFs Bonds Currencies Forex Commodities Share indices |
| 👨💼 Languages supported on Website | English, French, German, Italian, Spanish, Russian, Arabic and Chinese |
| 👥 Customer Support Languages | English, French, German, Italian, Spanish, Russian, Arabic and Chinese |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 1000
Regulators
FINMA, CSSF, FCA, DFSA, SFC, MAS, MFSA
Trading Platform
MT4, MT5, Advanced Trader
Crypto
No
Total Pairs
10
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Swissquote Demo account – 8 key points quick overview:
Swissquote at a Glance- Swissquote Demo account – 8 key points quick overview:
- How to set up a Swissquote Demo Account – Step by Step
- Swissquote Demo Account Features
- Swissquote Customer Reviews
- Swissquote Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a Swissquote Demo Account – Step by Step
To set up, and register for a demo account with Swissquote traders should do the following:
Step 1 – Open Your Account
- Go to the website of Swissquote and click on the banner labeled ‘Try free demo’.
Step 2 –Fill out the form
- Traders will be redirected to a page where they will be offered a choice to sign up through Facebook or Google or complete the online registration form.
- Complete the form by providing your first and last name, email, country of residence, telephone number, expertise, planned investment amount, and preferred platform.
Step 3 –Receive an email
- Traders must also select to accept the Privacy Policy terms and provide permission to be contacted by the broker, with the option of opting out.
- Once traders have submitted their details, they will receive an email at the address that they provided. The email will contain the trader’s demo account number, automatically generated password, and server.
Step 4 – Download the trading platform
- Next traders must download the trading platform and log into their account through the platform by using the details provided.
- Demo trading can now commence.
A demo account is also seen as a practice account since it provides traders with the ability and freedom to explore the broker’s offering without running the risk of suffering losses through the provision of virtual money with which to practice trading.
Beginner traders can utilize demo accounts to acquaint themselves with a live trading environment. They can build up their trading skills by participating in trades and developing their trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what Swissquote has to offer.
Min Deposit
USD 1000
Regulators
FINMA, CSSF, FCA, DFSA, SFC, MAS, MFSA
Trading Platform
MT4, MT5, Advanced Trader
Crypto
No
Total Pairs
10
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Swissquote Demo Account Features
Swissquote’s demo account mimics a live trading account. Traders have access to the same functions, features, and options that they normally would on a live trading account.
Swissquote’s demo account mimics a live trading account since traders have access to the same functions, features, and options that they normally would on a live trading account.
The only difference from a live account is that the demo account is risk-free, and traders make use of virtual funds to trade with.
When making use of either of the platforms on offer, traders will have access to the various functions, tools, features, and more, which is offered by these trading platforms.
Min Deposit
USD 1000
Regulators
FINMA, CSSF, FCA, DFSA, SFC, MAS, MFSA
Trading Platform
MT4, MT5, Advanced Trader
Crypto
No
Total Pairs
10
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Swissquote Customer Reviews
Excellent bank
Excellent bank, almost client for more than 10 years. Difficult to find a better alternative solution in Switzerland (and sometimes also abroad)
Very nice and user-friendly platform
Very nice and user-friendly platform. It is recommended also for intermediate beginners.
Integrated Financial Platform
Swissquote provides a one-stop platform for all your financial requirements. Be it a regular bank account, trading platform, retirement solution, or even crypto trading.
All of that is available through an integrated, user-friendly, and rigorously regulated platform.
Trustworthy Bank with reasonable fees.
Trustworthy Bank with reasonable fees.
Only Chart-Tools should be improved
Swissquote Pros and Cons
| ✔️ Pros | ❌ Cons |
| Demo account sign-up fully digital | No indication of when the demo account expires |
| MetaTrader 4 and 5offered | |
| Sign-up completed in minutes |
Conclusion
Swissquote offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. Swissquote Demo Account practices forex trading in a 100% risk-free environment.
You might also like: Swissquote Review
You might also like: Swissquote Account Types
You might also like: Swissquote Islamic Account
You might also like: Swissquote Fees and Spreads
You might also like: Swissquote Minimum Deposit
You might also like: Swissquote Sign-Up Bonus
Frequently Asked Questions
Can traders from South Africa open a Swissquote demo account?
Yes, traders from South Africa can open a Swissquote demo account.
Is the Swissquote demo account rigged?
No, we tested the Swissquote demo account and concluded that it is not rigged
How long is the Swissquote Demo account valid?
The Swissquote website, it does not stipulate a date.
Is the Swissquote demo account the same as a real account?
The Swissquote demo account mimics a live trading account. Traders have access to the same functions, features, and options that they normally would have with a live trading account from this broker.
Top 4 Brokers
