How to open a trading forex bank account in Switzerland - Swiss Bank Account UK

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How to open a trading forex bank account in Switzerland

Open Swiss Bank account

Open Forex Bank account at Swissquote. Swissquote Bank's forex vision

With a daily turnover of some USD 4 trillion, the foreign exchange (forex) market is the world's biggest and most lucrative financial market.

Currency trading also offers attractive opportunities for private investors. Whether you trade over the Internet or via your iPhone, are a beginner or an experienced trader - we have the trading software to meet your requirements. And as a leader in online banking, we make sure that your trades are carried out in a secure environment.

FXBook platform  Swissquote Bank's forex platform
Direct chart trading
Trade over 70 Products including Currencies, Metals, Commodities and Stock Indices
Use of equities, bonds, etc. as collateral

ACM FX services of Swissquote Bank
The integration of ACM means that we now offer an extended range of forex trading services: Deep Liquidity
Low Cost Trading
Trade over 70 Products including Currencies, Metals, Commodities and Stock Indices
MetaTrader 4 available
Free demo accounts with different amounts are available for both services.

As a licensed bank, Swissquote Bank allows you to use the buying power in your trading account to deal in currencies, giving you the full benefit of this synergy.

Swissquote Bank offers the 63 most-traded currency pairs in the forex market, in real time. So you can concentrate on the essentials.

Precious metals offering also concentrates on what really counts, namely gold, silver, platinum and palladium.
With an average daily turnover of approximately 4 trillion USD, the foreign exchange (Forex or FX) market is the most widely trading market in the world. Foreign Exchange Rates are derived from the simultaneous purchase of one currency and the sale of a different currency called the currency pair. These exchange rates are influenced by global economic and political events, interest rates, global trade and speculation.

There are many types of Forex traders including banks, brokers, funds, commercial enterprises and individuals. Whether you are an institution, money manager or private trader, Swissquote offers you the ability to trade Forex by telephone or electronically.

Forex trading benefits No commissions, only spread
High Leverage
Price Volatility offers many trading opportunities
Trade over 60 currency pairs

To open an account visit: http://www.swissquote.ch

You can trade major currencies.
Australian Dollar AUD  
Canadian Dollar CAD  
Swiss Franc CHF  
Czech Koruna CZK  
Danish Krone DKK  
Euro EUR  
British Pound GBP  
Hong Kong Dollar HKD  
Hungarian Forint HUF  
Israeli Shekel ILS  
Japanese Yen JPY  
Brazilian Real* BRL  
Mexican Peso MXN  
Norwegian Krone NOK  
New Zealand Dollar NZD  
Polish Zloty PLN  
Russian Ruble RUB  
Swedish Krona SEK  
Singapore Dollar SGD  
Turkish Lira TRY  
United States Dollar USD  
South African Rand ZAR  
Chinese Yuan* CNY  
Indian Rupee* INR

And pairs
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDCHF
USDJPY    
XAGUSD
XAUUSD
Minimum spreads can be subject to enlargement due to the following occurrences:
Global economic news events
Volatile market conditions.
Illiquid market conditions.
Large transaction sizes.

Term Currency, Base Metal, Commodities or Index
AUD, CAD, CHF, CUC, DKK, EUR, GBP, HKD, ILS, MXN, NGC, NOK, NZD, PLN, RUB, SEK, SGD, TRY, USD, XAG, ZAR
Emerging markets currencies CZK, CNY*, BRL*

Indecs and commodities ALL, CUL, HUF, JPY, LCO, NIL, PBL, XAU, XPT, XPD, OIL, SMI, ESX, DAX, ZNL, INR*


Trade Online with Swissquote from Monday Sydney Opening until Friday New York Closing.
Swissquote customers can trade spot foreign exchange online via our trading platforms 24 hours from Sunday 23:00 CET to Friday 23:00 CET.
Gold, Silver, Palladium and Platinum trading is available from 0.00 CET till 22.55 CET on each weekday.
USDRUB trading is available from 08.30 CET till 17.30 CET on each weekday.
WTI Crude Oil, Brent Crude Oil, Natural gas, US Copper trading is available from 00:02 CET till 22:58 CET on each weekday.
UK Copper, Aluminium, Zinc, Nickel, Lead trading is available from 02:02 CET till 18:58 CET on each weekday.
Stock Index trading is available from 08:00 CET till 22:00 CET on each weekday.
Swissquote maintains a 24 hours dealing desk from Sunday 23:00 CET to Friday 23:00 CET. The default language spoken is English. Although many of our dealers can however also execute transactions in French, Spanish, German, Arabic, and Turkish.

Market Orders:
This order is filled at the first available price or rejected; the order is filled for the full amount but can be filled better or worse than the requested price.

Limit Orders:
Buy Limit: This order will be activated when the Ask price touches the buy limit order. The activated order will be executed at Ask price or better.
Sell Limit: This order will be activated when the Bid price touches the sell limit order. The activated order will be executed at Bid price or better.

Stop Orders:
Buy Stop: This order will be activated when the Ask price touches the buy stop order. The order will be executed at Market Order conditions.
Sell Stop: This order will be activated when the Bid price touches the sell stop order. The order will be executed at Market Order conditions.


What is a swap rate?
Swap rates, also known as overnight or rollover rates, are debits or credits, either earned or paid for holding a position overnight. Swissquote settles overnight positions at 23:00 CET using market accepted, interbank swap rates. Please note NZD cross rates settle at 19:00 CET.

Free MasterCard Debit Card

 
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