Structured comparison · last re-checked 2026-09
Swissquote Bank (SQBLiquidity / institutional) vs. Evaluate Swissquote Bank against single prime brokers and multi-PoP setups for liquidity access and service breadth.
Swissquote Bank Ltd is a tier 1 Swiss bank providing institutional multi-asset brokerage and FX liquidity. It has a solid capital base and significant client assets, but lacks published details on venues and connectivity. Its licensing across multiple jurisdictions enhances its credibility, though the absence of a founding year may raise questions about its longevity.
79Evidence score/100
0Venues
0Connectivity
5Asset classes
01
Licence, read on the register
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FINMA | not verified | Switzerland | tier-1 | https://www.swissquote.com/en/institutional |
| FCA | not verified | UK | tier-1 | https://www.swissquote.com/en/group/company/structure |
| DFSA | not verified | UAE (DIFC) | tier-1 | https://www.swissquote.com/en/group/company/structure |
| SFC (HK) | not verified | Hong Kong | tier-1 | https://www.swissquote.com/en/group/company/structure |
| MAS (Singapore) | not verified | Singapore | tier-1 | https://www.swissquote.com/en/group/company/structure |
| CySEC | not verified | Cyprus | tier-2 | https://www.swissquote.com/en/group/company/structure |
02
The comparison ledger
Where the model wins, where it merely competes, and which claims a counterparty can actually test.
A
Wins where
- Multi-asset brokerage needs
- Leveraged FX liquidity
- Global custody solutions
B
Merely competes where
- Single prime brokers
- Multi-PoP liquidity providers
- Direct venue access
C
Testable claims
- Swissquote Bank Ltd 'holds a banking and securities trading license since 2001, is supervised by FINMA' (institutional site)
- Swissquote Bank Ltd 'holds a banking licence issued by ... FINMA and is a member of the Swiss Bankers Association' (group structure page)
- Swissquote Group Holding Ltd is listed on the SIX Swiss Exchange (symbol SQN) since May 29, 2000; headquarters in Gland (VD)
- Institutional FX offering leverages 'state-of-the-art technologies and worldwide data centers' with SQX exchange and Swissquote Pro platform for institutional clients
D
Claims we cannot verify from outside
- 'Core capital ratio 25.2%', '+1 million accounts', 'Total equity CHF 1.4 billion', 'Client assets CHF +96.3 billion' are the firm's own published figures
- 'A vast spectrum of Forex instruments' liquidity breadth is the firm's own characterisation
03
Perimeter and coverage
| Asset classes | Venues | Connectivity | Clients accepted | Explicitly refused |
|---|---|---|---|---|
| Leveraged FX, Deliverable FX (spot, swap, forward), Multi-asset brokerage, Structured products, Global custody | Banks, Brokers, Funds, Asset managers, Companies, Institutional partners (white-label via partner bank services) |