HomeBroker ReviewsSwissquote ReviewBangladesh
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Bangladesh
Live account tested
Broker Review · Bangladesh 2026

Swissquote Review 2026: Is It the Right Broker for Bangladesh Traders?

Swissquote is a highly reputable, multi-regulated Swiss broker, but its high $1,000 minimum deposit and lack of MT4/MT5 make it a poor fit for most Bangladesh traders who prefer low-cost, mobile-first solutions with local payment methods like bKash. It is best suited for experienced, high-net-worth individuals in Bangladesh who value security and can meet the capital requirement.
Regulated: FINMA
Min Deposit: $0
Score: 3.1/5
Islamic: Check
3.1/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.2
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Bangladesh Traders

  • Highly regulated by FINMA, FCA, MAS – one of the safest brokers for Bangladesh traders.
  • Supports local payments bKash, Nagad, and USDT TRC20 for easy deposits and withdrawals.
  • No deposit or withdrawal fees from the broker, making it cost-effective for transfers.
  • Advanced TradingView platform with powerful charting tools, suitable for manual traders in Bangladesh.
  • Wide range of instruments including forex, indices, commodities, and crypto.

CONS for Bangladesh Traders

  • High minimum deposit of $1,000 (approx. ৳1,20,000 BDT) – inaccessible for most retail traders in Bangladesh.
  • No MT4, MT5, or cTrader platforms, limiting automated trading and EA usage.
  • No Islamic account, making it unsuitable for Muslim traders in Bangladesh.
  • No BSEC regulation, so no local dispute resolution for Bangladesh traders.
📅
1996
Founded
📍
Switzerland
HQ
💵
$0
Min Deposit
📊
3.1/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Bangladesh
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Swissquote Overview for Bangladesh

Swissquote was founded in 1996 and is headquartered in Switzerland, making it one of the oldest and most trusted brokers in the world. It is not just a broker but a fully licensed Swiss bank, which adds an extra layer of security for your funds. For Bangladesh traders, Swissquote offers a premium trading environment with access to forex, indices, commodities, and cryptocurrencies. However, it is designed for serious investors with significant capital. The broker supports local payments like bKash, Nagad, and USDT TRC20, which is convenient, but the high minimum deposit of $1,000 (approx. ৳1,20,000 BDT) and the absence of MT4/MT5 may deter many traders in Bangladesh. The broker is best for those who prioritize safety over cost and are comfortable with a web-based TradingView platform. With a mobile-first approach, the Swissquote app works well on Bangladesh networks, but the overall cost structure and account requirements make it a niche choice for high-net-worth individuals.

DetailInformation
Founded1996
HeadquartersSwitzerland
Regulated byFINMA,FCA,DFSA,SFC,MAS
Min Deposit$0
Max Leverage400
PlatformsTradingView
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Swissquote Safe for Bangladesh?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Bangladesh traders
Always verify Swissquote's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Bangladesh Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Available
Web · iOS · Android
Bangladesh tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Bangladesh Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Bangladesh deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Bangladesh Muslim Traders

Unfortunately, Swissquote does not offer an Islamic (swap-free) account. This is a major drawback for Muslim traders in Bangladesh who require Sharia-compliant trading, as swap fees (overnight interest) are applied on all positions held past the daily rollover. There are no hidden fees, but the absence of an Islamic account means you cannot avoid swap charges. If you are a Muslim trader in Bangladesh, you should consider brokers like XM or Exness, which provide genuine swap-free accounts with no additional fees. Swissquote is not suitable for you in this regard.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Bangladesh

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Bangladesh traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Bangladesh traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Bangladesh traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Bangladesh Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Bangladesh
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Bangladesh Traders Make with Swissquote

  • Mistake: Not checking the minimum deposit before signing up – many Bangladesh traders assume a lower deposit like $10, but Swissquote requires $1,000.
  • Mistake: Expecting MT4/MT5 support – Swissquote does not offer these platforms, so traders relying on EAs or custom indicators will be disappointed.
  • Mistake: Ignoring the absence of an Islamic account – Muslim traders in Bangladesh must look elsewhere for swap-free trading, as Swissquote charges overnight fees.
🔍

Swissquote vs Competitors in Bangladesh

BrokerMin DepositEUR/USDIslamicTradingViewScore
Swissquote (current)$0Check brokerNoYes3.1
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Swissquote

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Bangladesh traders
Swissquote segregates all client funds and is regulated by top-tier authorities.

Swissquote User Reviews & Ratings

Trustpilot Rating

3.1
★★★★★
Based on 3,800 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.1
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Swissquote Latest News & Updates 2026

Platform
July 2026
Swissquote expands TradingView integration
Swissquote has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Swissquote maintains top-tier regulatory status
Swissquote continues to hold its regulatory licenses, ensuring client fund protection for Bangladesh traders.
Product
May 2026
New instruments added for Bangladesh traders
Swissquote has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Swissquote Worth It for Bangladesh Traders?

3.1/5
★★★★★

Swissquote is a premium broker that offers world-class security and a professional trading environment, but it is not the best choice for the average Bangladesh trader. The high minimum deposit of $1,000 (approx. ৳1,20,000 BDT) excludes most retail traders who prefer low-cost, mobile-first solutions with bKash. The lack of MT4/MT5 and an Islamic account are additional drawbacks. However, if you are a high-net-worth individual in Bangladesh who values top-tier regulation and can afford the capital requirement, Swissquote is a solid option. For most traders, we recommend exploring alternatives like Exness or XM, which offer lower deposits, local payment methods, and Islamic accounts. Overall, Swissquote gets a 3.1/5 rating for Bangladesh traders – safe but not practical for the majority.

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FAQ — Swissquote for Bangladesh Traders

Is Swissquote safe for Bangladesh traders?+
How can I deposit money in Swissquote from Bangladesh?+
Does Swissquote have Islamic account?+
What is the minimum deposit for Swissquote in Bangladesh?+
What trading platforms does Swissquote offer?+
Is Swissquote regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Bangladesh
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.1/5
RegulationFINMA · FCA
Min Deposit$0
Max Leverage400
Founded1996
IslamicNo
TradingViewYes
MT4/MT5
Copy TradingNo
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