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Getting your money out of Swissquote
If a broker ever fails, the questions are how your money was held and how fast it could come back. This is how Swissquote handles withdrawals today.
Regulation: FINMA; FCA (562170); CySEC (422/22); DFSA (F001438); MAS; SFC Hong Kong; MFSA. How Swissquote is regulated
Facts last checked . Read the full Swissquote review.
Deposits and withdrawals
- Deposit methods
- Bank transfer, credit/debit card, Apple Pay, Google Pay and internal Swissquote account transfer
- Withdrawal methods
- Bank transfer and internal Swissquote account transfer
- Deposit time
- Cards generally instant; bank transfers typically 1-3 business days
- Withdrawal time
- Typically 1-3 business days
- Minimum withdrawal
- No general minimum
- Local payment methods
- SEPA; Swiss bank transfer and jurisdiction-specific local banking methods
What this means
Withdrawals are stated at Typically 1-3 business days, against Cards generally instant; bank transfers typically 1-3 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.
Withdrawal routes: bank transfer and internal swissquote account transfer. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.
The minimum withdrawal is No general minimum - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.
Questions about Swissquote deposits and withdrawals
How do you withdraw from Swissquote?
Withdrawals from Swissquote are made by bank transfer and internal Swissquote account transfer. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.
How long does a Swissquote withdrawal take?
Swissquote records withdrawal times of typically 1-3 business days. The broker's processing time and the bank's or card issuer's time are separate, and the published figure is usually the broker's.
Is there a minimum withdrawal at Swissquote?
The minimum withdrawal at Swissquote is No general minimum.
Deposits and withdrawals at brokers under the same regulator
- Saxo Bank deposits and withdrawals also licensed by FINMA
- IG deposits and withdrawals also licensed by FINMA
- Plus500 deposits and withdrawals also licensed by FCA
- HF Markets deposits and withdrawals also licensed by FCA
- CMC Markets deposits and withdrawals also licensed by FCA