Swissquote Bank Europe S.A products, services and reviews

About Swissquote Bank Europe S.A

Swissquote Bank Europe S.A. is a Luxembourg-based online bank and broker owned by Swissquote Group, formed from the acquisition and rebranding of Internaxx Bank S.A., and supervised by the Commission de Surveillance du Secteur Financier (CSSF). It offers execution-only brokerage and custody for private and professional clients, with access to major European and U.S. exchanges, coverage of equities, ETFs, mutual funds and bonds, multi-currency cash accounts, and standard order types such as market, limit and stop; availability of derivatives or leveraged products is restricted at this entity. Client money and securities are held under Luxembourg rules, with cash covered by the Fonds de garantie des dépôts Luxembourg up to EUR 100,000 per depositor and investor-compensation protection for investment services under the Luxembourg scheme up to EUR 20,000 per investor, subject to statutory conditions and exclusions. Account opening is performed remotely with identity verification and MiFID II appropriateness checks; service is generally available to EEA residents and selected other jurisdictions. Funding and withdrawals are supported via SEPA and international SWIFT transfers, and securities transfers in and out are possible; fees apply for certain transactions and services. Pricing is published by market and instrument, with commissions, exchange fees, and third-party charges passed through; trades in non-base currencies involve foreign exchange conversion costs, and real-time data or corporate action handling may incur additional charges. The bank provides a web platform and mobile app with streaming quotes (subject to entitlements), basic research data and corporate action notifications, plus tax documentation such as consolidated statements and W‑8BEN processing for U.S. securities. The firm publishes best execution and costs disclosures under MiFID II and applies strong customer authentication; support is available in English and other major European languages during Luxembourg business hours.