COUNTERPARTY FILE · last re-checked 2026-09
Swissquote Bank (SQBLiquidity / institutional) — institutional liquidity provider
Swissquote Bank Ltd's disclosures reveal certain gaps in regulatory transparency and historical data.
Licence, read literally
| 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.
Residuals a counterparty carries
Unpublished regulatory license numbers
Swissquote Bank Ltd holds licenses from multiple regulators, but no registration numbers are published.
Source: firm disclosures page
Lack of firm founding year
The firm's history page returned no content, leaving the founding year unrecorded.
Source: history page
The 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 disclosure, not as a defect.