SwissQuote Review

SwissQuote

Advanced Currency Markets (ACM) is the branch of the forex broker Swissquote Group, que went public on the Swiss Market Exchange in 2000. ACM Became part of the Swissquote Group after the Swiss Financial Market Supervisory Authority (FINMA) denied a license ACM. FINMA then Swissquote Group to purchase approved ACM. ACM has headquarters in Geneva, with branches in Zurich and Dubai. This forex trading product is not available to U.S. Citizens.

This foreign exchange broker offers 60 currency pairs to trade, plus gold and silver. You pay for your spread trades on the bid and ask Between the prices. The bid price is the price buyers are willing to That pay. The ask price is the price at Which sellers are willing to sell. Swissquote broker is a market maker and it is not an ECN broker. It supports leverages of up to 100:1 and fast: such as scalping trading strategies. The spread offers vary based on your initial deposit and Also by Global news, market conditions, illiquid market conditions and transaction size. Margin rates range up to 4.50%, Depending on the full open position amount.

If you are Already used to MetaTrader 4, you can use That trading platform. It lets you program automatic trades and trade Directly from the charts, and it has strong charting analysis. If MetaTrader 4 is a bit too advanced for your situation but you like the concept of trading from software on your PC, you can use Advanced Trader, que has an interface you can customize That. If you are not at your own PC, you can use Web Trader from any browser. ACM Also has a smartphone application for any mobile phone with internet access. Called Mobile Trader, it lets you manage your account in real time and place forex orders Directly on the market. It has a few reporting capabilities. There is a special version of Mobile Trader for iPhones específicamente.

Support is available From this forex broker by chat, email and telephone. Also supports Swissquote telephone order placements. For research and analysis, daily forex Swissquote Publishes news, daily snapshots, market-analysis tools and basic education topics. Their website is available in eight languages ​​including Spanish, Russian and Arabic.

Swissquote Summary: 6.9/10