The closing price of the order does not match the actual price,Swissquote Thunderbolt?
Before investing in foreign exchange, it is very important to choose a reliable foreign exchange broker. A good broker should be regulated and able to provide a stable trading platform for long-term investment. But this is only the basis for judging whether a broker can trade, and the most important thing in trading is to lend money. If a trading platform cannot lend money, even if it is formal, it is useless.
Recently, Swissquote has been frequently complained about, which has attracted the attention of FxGecko. Some investors have complained to FxGecko that the closing price of Swissquote orders does not match the actual price. But according to FxGecko's understanding, Swissquote claims to have formal regulatory licenses, provide investors with a good trading experience, and is an established securities firm with many years of history. However, according to FxGecko's investigation, Swissquote is indeed "famous", and specifically how it is "famous". Today, FxGecko will talk to you about Swissquote.
About Swissquote
According to the FxGecko app, Swissquote has a rating of 8.3, claiming that its UK FCA license, Swiss FINMA license, and Hong Kong SFC license are all under regulatory jurisdiction.
At present, the FCA regulatory platform in the UK is a reputable broker in the industry. The UK FCA regulation provides compensation of £ 50000. When the broker goes bankrupt, investors can receive compensation of £ 50000. In practical operation, this is mainly represented by the 2015 Swiss Franc Black Swan incident.
As is well known, the Swiss franc's Black Swan incident caused multiple brokers to go bankrupt overnight, including the famous UK regulatory broker Alpari. But after a long audit for a year or two, many investors still received compensation. More importantly, customer funds are segregated. Platform providers are not allowed to misappropriate customer funds as operating funds, which is relatively friendly to investors.
Then there is the Swiss FINMA license plate. It is understood that the reputation of traders under Swiss supervision has always been good, and there has not been any platform runaway in regulation. In addition, the mandatory fund quarantine policy implemented in Australia in recent years has to some extent ensured the safety of investors' funds, so it is also friendly to investors.
It is precisely because of the regulation of these well-known licenses that in the past few years, Swissquote has accumulated a large user base globally, attracting a variety of investors, from beginners to experienced professionals. Over time, a large number of investors have criticized Swissquote online, claiming that they find it difficult to make a profit on it, and even if they make a profit, it is difficult to make money. Moreover, some investor accounts have been maliciously blocked by Swissquote, and investors who come to FxGecko for complaints and exposure are also "endless". As a result, Swissquote has gradually gained popularity in the foreign exchange market through these customer complaints.
Here are the complaints from FxGecko:
Complaint 1:
Complaint 2:
Complaint 3:
Complaint 4:
Although Swissquote has multiple strong regulatory licenses, investors' funds are not protected by these strong regulatory agencies, so it cannot be considered a good trading platform. Therefore, it is recommended that investors carefully select and study the evaluations and complaints of Swissquote users before deciding to use it, in order to better understand the performance and potential risks of this broker.
epilogue
Finally, FxGecko reminds everyone that investors should carefully choose foreign exchange trading platforms and make decisions based on their own needs and risk preferences. The foreign exchange market itself is already full of risks, and ensuring the selection of a reliable broker is crucial for investors, not just the number of regulatory licenses. Investors should carefully evaluate the reputation and fund management capabilities of the broker about to trade to ensure their own fund security.
