2026 · Evidence audit

Swissquote Bank (SQBLiquidity / institutional) — institutional liquidity provider

Swissquote Bank Ltd is a Swiss bank liquidity provider with tier 1 licenses in multiple jurisdictions. The firm claims a core capital ratio of 25.2% and self-reports client assets of CHF 96.3 billion. Its operational age and specific licensing details are not publicly disclosed.

Swissquote Bank Ltd · Gland, Switzerland · last re-checked 2026-09 · 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-1 = FCA/ASIC/CFTC-class supervision, tier-2 = CySEC/FSC-Mauritius/MFSA-class, tier-3 = offshore registration. A tier-2 licence is genuine supervision without an investor compensation scheme — never misread it as tier-1 protection.

What the firm commits to

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.