STUDY RECORD · last re-checked 2026-09
Swissquote Bank (SQBLiquidity / institutional) — institutional liquidity provider
Swissquote Bank Ltd operates as a multi-asset liquidity provider with a focus on leveraged and deliverable FX. It holds tier 1 licenses in Switzerland, the UK, UAE, Hong Kong, and Singapore, indicating a strong regulatory framework. However, the absence of published venues and connectivity details may limit transparency for potential clients.
Swissquote Bank Ltd · Gland, Switzerland · evidence score 79/100
Licence, read on the register
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FINMA | not verified | Switzerland | tier-1 | open source ↗ |
| FCA | not verified | UK | tier-1 | open source ↗ |
| DFSA | not verified | UAE (DIFC) | tier-1 | open source ↗ |
| SFC (HK) | not verified | Hong Kong | tier-1 | open source ↗ |
| MAS (Singapore) | not verified | Singapore | tier-1 | open source ↗ |
| CySEC | not verified | Cyprus | tier-2 | open source ↗ |
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.
What this record teaches
Four reading skills, each anchored to something the firm actually published.
- 01 — Teaching pointSwissquote Bank holds tier 1 licenses in multiple jurisdictions including Switzerland and the UK.
- 02 — Teaching pointThe bank serves a diverse client perimeter including banks, brokers, and institutional partners.
- 03 — Teaching pointSwissquote offers a broad range of asset classes, primarily focused on leveraged and deliverable FX.
Claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
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
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
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) |
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.
Self-check
Answer these before you consider the record read. If you cannot, re-read the licence and the claims ledger — the answers are all in what the firm published.
- What types of clients does Swissquote Bank serve in the institutional liquidity space?
- Which tier 1 licenses does Swissquote Bank hold across different jurisdictions?