Swissquote

What Swissquote does

Swissquote Group Holding Ltd is a publicly listed Swiss online bank (SIX: SQN) founded in 2000 with 25+ years of online investing experience and a headcount of 1,001-5,000. The company operates full banking licenses in Switzerland (FINMA-regulated) and Luxembourg (Swissquote Bank Europe, CSSF under ECB oversight), serving nearly 1.2 million client accounts and CHF 88.7 billion in client assets across Europe, the Middle East, Africa, and Asia-Pacific. Core product lines span an eTrading platform (securities, forex, CFDs, cryptocurrencies) with MetaTrader 4/5 connectivity, Smart Portfolios for automated investing, a Mastercard debit card with Apple Pay, Luxembourg life-insurance wrappers, the fully acquired Yuh neobank (424,000 customers, 19% Swiss neobanking share), and an institutional wealth-management platform with OpenWealth API integration serving 70+ external asset managers in Singapore.

The business operates a hybrid go-to-market: a digital-first, self-serve retail platform across multiple regional websites and mobile apps, complemented by enterprise field-sales coverage for institutional clients (EAMs, single- and multi-family offices, and regional banks). Revenue is generated primarily through transaction fees on trading activity (which drove 9.4% FY2025 revenue growth), recurring banking fees and interest income, digital-asset services (trading, custody, staking — leveraging first-mover VASP status in Luxembourg), and institutional custody/execution managed services. FY2025 revenue reached CHF 723.3M with CHF 420.2M pre-tax profit (+21.6%), and 2026 guidance targets CHF 760M revenue and CHF 385M pre-tax profit, with a long-term CHF 500M pre-tax profit goal by 2028.

Strategic priorities articulated in the data include geographic expansion of institutional wealth management across APAC (Singapore, Hong Kong), ecosystem buildout via OpenWealth and PSD2 APIs, thematic product launches (AI Infrastructure, Market Monopoly Index), infrastructure modernisation through Oracle Exadata Cloud@Customer under strict Swiss data residency, and inorganic growth following the 2025 full acquisition of Yuh Ltd. Underlying technology is dominated by a proprietary multi-asset trading stack, automated portfolio algorithms, and a recently deployed Oracle Exadata Cloud@Customer platform enabling dynamic database scaling across production, disaster recovery, and pre-production environments.

Name

Swissquote

Legal name

Swissquote Group Holding Ltd

Website

https://en.swissquote.lu

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Swissquote is a publicly listed Swiss digital bank offering multi-asset trading (forex, CFDs, securities, crypto), banking, and institutional wealth management to nearly 1.2 million retail and institutional clients across Europe and Asia-Pacific, holding CHF 88.7 billion in client assets under FINMA and CSSF licenses.

Ownership category

akta.pro rank

Product category

Online Banking and Trading

NAICS

Depository Credit Intermediation (5221), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940), Finance and Insurance (52)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

Digital Banking & Neobank Platforms (BPAMAFAD)

akta.pro secondary industries

Offshore & International Private Banking (FSAAABAB), Retail-focused Neobanks (Mass Market) (FSABAFAA)

Keywords

• Online trading services
• Digital banking
• Wealth management
• Forex CFD trading
• Digital asset custody

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Trading and Securities Revenue: Revenue generated from trading activity including forex, CFDs, cryptocurrencies, and securities trading. Higher trading activity drove 9.4% revenue growth in 2025.
2. Banking Services: Interest income and banking fees from multi-currency accounts, debit cards, life insurance wrappers, and other traditional banking products.
3. Digital Asset Services: Revenue from cryptocurrency trading, custody, and staking services. Swissquote Bank Europe was the first to obtain Virtual Asset Service Provider status in Luxembourg.
4. Institutional Wealth Management: Custody and execution services for external asset managers, family offices, and institutional clients. Assets under custody increased six-fold since late 2021.
5. Crypto-backed Lending: Traditional Lombard loans accepting cryptocurrencies as collateral, similar to offerings from Sygnum Bank.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Swissquote is a Swiss online bank that provides multi-asset trading (forex, CFDs, securities, and cryptocurrencies), traditional banking services (multi-currency accounts, debit cards, life insurance wrappers), and institutional wealth management (custody and execution for external asset managers and family offices). It also offers digital asset trading, custody, and staking through its Luxembourg subsidiary (Swissquote Bank Europe), which was the first to obtain Virtual Asset Service Provider status in Luxembourg. The Yuh neobank serves Swiss retail consumers, and investment themes such as AI Infrastructure and the Market Monopoly Index extend into thematic investing.

Product overview

Swissquote operates as a comprehensive digital banking and trading platform offering a multi-product architecture. The core eTrading Platform serves as the primary interface for securities, forex, CFDs, and cryptocurrency trading, supplemented by MetaTrader 4 & 5 for advanced forex traders and Smart Portfolios for automated investing. Digital Asset Services including trading, custody, and staking are available through Swissquote Bank Europe (Luxembourg subsidiary), which holds Virtual Asset Service Provider status. The company serves retail clients through the main platform and neobank Yuh (fully acquired July 2025), while the Institutional Wealth Management Platform (with OpenWealth API integration) targets external asset managers and family offices. Investment themes like AI Infrastructure and Market Monopoly Index expand the product range into thematic investing. Banking services include the Swissquote Mastercard with Apple Pay, Luxembourg Life Insurance wrappers, and traditional multi-currency banking capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Yuh: Swiss neobank with 424,000 customers and 19% market share in Swiss neobanking. Fully acquired by Swissquote in July 2025.

Products and services

• eTrading Platform Swissquote's primary online trading platform offering securities, forex, CFDs, and cryptocurrency trading with real-time market data and execution capabilities for retail and professional clients.
• Forex & CFDs Trading Foreign exchange and Contracts for Difference trading with access to MetaTrader 4 & 5 platforms, enabling advanced trading strategies for forex and CFD clients.
• Smart Portfolios Algorithmic investment portfolios offering automated portfolio management and rebalancing for clients seeking diversified investing strategies.
• Securities, Crypto & Investment Products Comprehensive investment offerings including traditional securities and cryptocurrency trading, enabling clients to access global markets and digital asset classes.
• Luxembourg Life Insurance Life insurance wrapper for wealth planning, offering the security and regulatory advantages of Luxembourg-domiciled insurance structures.
• Swissquote Mastercard (with Apple Pay) Debit card offering with Apple Pay integration for seamless mobile payments, providing banking functionality alongside investment services.
• Digital Asset Services (Trading, Custody & Staking) Digital asset trading, custody, and staking services offered through Swissquote Bank Europe, the first to obtain Virtual Asset Service Provider status in Luxembourg and the only CSSF-authorized investment fund depositary of digital assets.
• Institutional Wealth Management Platform Digital-first custody and execution services for external asset managers, single-family offices, and multi-family offices, with OpenWealth API integration. Achieved a six-fold increase in assets under custody since late 2021 and serves over 70 EAMs.
• Yuh Neobank Swiss neobank subsidiary (fully acquired July 2025) serving 424,000 customers with 19% market share in the Swiss neobanking segment, offering digital banking services with personalization focus.
• AI Infrastructure Investment Theme Investment theme targeting the physical infrastructure layer of AI operations (data centers, cooling systems, power infrastructure), positioned to capture value from AI's foundational requirements.
• Market Monopoly Index Trading index focused on monopolistic and oligopolistic markets, targeting sector leaders with significant market control for long-term value creation.
• Crypto-backed Lending (Lombard Loans) Traditional Lombard loans accepting cryptocurrencies as collateral, similar to offerings from Sygnum Bank.

Quantifiable outcome

• Revenue growth of 9.4% to CHF 723.3 million in 2025
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• OraclecoreTechnology or Integration · 11 June 2026Swissquote deployed Oracle Exadata Cloud@Customer to modernize mission-critical banking and trading platforms across production, disaster recovery, and pre-production environments. The solution enables dynamic scaling of Oracle Database CPU resources in response to trading volatility while keeping all data in Swissquote-operated data centers in Switzerland to comply with strict data-residency requirements.
• CaixaBankminorChannel Partner/ Reseller/ Distributor · 9 April 2026CaixaBank expanded to direct digital asset services via transaction partner Swissquote Bank, enabling cryptocurrency custody, order execution, and transfer services across the European Union under MiCA framework.
• OpenWealth Association (co-founded by Synpulse)coreTechnology or Integration · 18 November 2025Implementation of OpenWealth API connectivity at Singapore booking centre to enhance services for external asset managers, multi-family offices, and institutional clients. Part of broader initiative to standardize wealth management APIs across the Asia-Pacific region.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Coinbase: US-listed largest US crypto exchange and custodian offering trading, custody, and staking for institutions and retail. A broader incumbent that overlaps with Swissquote's digital asset trading, custody, and staking services, and is also a known transaction partner of CaixaBank.
• UBS Group: Global wealth manager and universal bank with a leading Swiss retail franchise and large wealth management platform. Comparable to Swissquote as a Switzerland-headquartered financial institution serving retail and U/HNW wealth clients, and a likely competitor for institutional custody and EAM servicing in Switzerland and APAC.

Direct peers

• Saxo Bank: Danish-headquartered online trading and investment platform offering multi-asset trading, FX, CFDs, and institutional/whitelabel services. Direct competitor to Swissquote in the European multi-asset digital brokerage space, with similar institutional white-label and retail propositions.
• IG Group: UK-listed global online trading provider specializing in CFDs, spread betting, and stock trading for retail and professional clients. Direct competitor in the FX/CFD and multi-asset online trading category where Swissquote earns a large share of revenue.
• Interactive Brokers: Global multi-asset online broker serving retail, professional, and institutional clients with access to 150+ markets across securities, FX, futures, options, and crypto. Comparable to Swissquote in advanced trading platforms, institutional custody, and global market access.
• DEGIRO: Low-cost European online broker owned by flatexDEGIRO, offering securities, ETFs, derivatives, and CFDs across European exchanges. Competes with Swissquote's retail trading and investment proposition in continental Europe.

Regional players

• PostFinance: Swiss state-owned universal bank offering retail banking, payments, mortgages, and investment products primarily to Swiss customers. Comparable to Swissquote on Swiss retail banking and deposits, particularly competing with Yuh for the Swiss mass-market customer.

Emerging players

• Sygnum Bank: Switzerland- and Singapore-regulated digital asset banking specialist offering crypto trading, custody, lending, and tokenization. Comparable to Swissquote on regulated crypto-banking, Lombard loans against crypto collateral, and institutional digital asset services.
• Revolut: UK-headquartered global neobank offering multi-currency accounts, trading, and increasingly crypto and wealth products. While a broader neobank, it competes directly with Swissquote's Yuh and the EU retail platform on cross-border banking and trading.
• Trade Republic: Berlin-based European neobroker offering commission-free securities, ETF, and crypto trading via a mobile-first platform, with a German banking license. Emerging competitor to Swissquote in the mass-market European retail trading and neobanking space.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Swissquote.en
• LinkedInlinkedin.com/company/swissquote
• Xx.com/Swissquote

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swissquote