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Swissquote Bank Europe review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Swissquote Bank Europe suits businesses that park surplus cash in a fixed placement, with interest paid at maturity rather than along the way. The monthly fee is €0, deposits are EU DGS up to EUR 100,000, and the account kind is fixed.

Key facts

Best for
A business parking idle euro cash for a set term without paying to hold the account.
Monthly fee
€0↗
Deposit protection
EU DGS up to EUR 100,000↗
Legal entity
Swissquote Bank Europe↗
Headquarters
Luxembourg↗
Support channels
Help-centre↗
Audience
Business
Pricing model
No monthly fee, Fixed rate
Official website
swissquote.lu

Savings

Headline rate
1.5% to 2.47%↗
Rate type
Fixed↗
Term
1 to 12 months↗
Minimum deposit
€100,000↗
Access terms
Fixed placement of 1 to 12 months, value date D+2, interest paid on maturity↗
Account kind
Fixed↗

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInXfacebook.com

Pros and cons

Pros

  • The monthly fee is €0.
  • Deposits sit under EU DGS up to EUR 100,000.
  • The rate is fixed, so the return holds for the term.
  • The bank is supervised in Luxembourg.

Cons

  • The minimum deposit is €100,000, which sets a floor on what you can place.
  • Support runs on help centre only, so there is no direct line.
  • The rate type is fixed, so there is no easy access balance.

Ready to try Swissquote Bank Europe?

Scored 8.8 / 10 by VaultCue.

See alternatives

Who it suits

  • A business holding euro cash that can stay untouched for the full 1 to 12 term.
  • Companies that want a known return rather than a rate that moves.
  • Firms that keep fees down and read the account as part of cash management.

Who should look elsewhere

  • A business that needs instant access to its balance, since the term runs 1 to 12.
  • Anyone whose balance sits below €100,000.
  • Businesses that need day to day payment services rather than a fixed placement.

Rates and terms

The money market pays a fixed rate of 1.5% to 2.47% for a term of 1 to 12. Interest is paid when the placement matures rather than along the way, so the return is locked for the period you commit to. The account is registered as fixed, which matches the fixed placement rather than an easy access balance. On these terms it suits a business that can leave cash alone until maturity and wants a known figure in return.

How Swissquote Bank Europe compares

Where Swissquote Bank Europe is available

Available
Luxembourg
Licence in Luxembourg
CSSF, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to hold this account?+

The monthly account fee is €0, so there is no charge for keeping the account open. The account is listed as fixed, which is the fixed money market placement rather than a transaction account. Any cost comes from how long the money stays placed, not from the account itself.

Is my deposit protected?+

Yes. Deposits are covered by EU DGS up to EUR 100,000. The bank is licensed and supervised in LU by the CSSF, the relevant national regulator for the entity. The protection sits above the fixed placement, so the money market terms do not change the cover.

How much can I deposit?+

The minimum deposit is €100,000. That is a meaningful floor for a smaller company and the clearest reason to look elsewhere if your balance sits below it. Above that amount the placement works as a parking space for surplus cash rather than an operating balance.

How long is the money locked in?+

The term runs 1 to 12, and the access terms set a fixed placement with interest paid at maturity. Because the rate type is fixed, you are committing for the whole term. Plan for any cash you still need in the middle of that period elsewhere.

What rate will I earn?+

The headline rate is 1.5% to 2.47%, and it is fixed for a term of 1 to 12. The access terms note a value date of two working days after you place the money, so the clock starts once the funds are confirmed.

Who is this account for?+

The account is aimed at business customers, so a company with surplus cash is the natural fit. It works well when the balance can sit untouched for the term and less well if you need instant access. It is a cash placement for a company, not a replacement for a current account.

How do I get help?+

Support runs on help centre, which is the main route for questions. The bank is based in Luxembourg and supervised by the CSSF. Budget for a written answer rather than same day phone help.

Sources

  • swissquote.lu checked September 26, 2026

    Backs: Audience, Deposit protection, Headquarters, Legal entity, Support channels, Licences

    “Powerful digital platforms, transparent pricing, and personalised banking come together to deliver private clients, intermediaries and financial institutions a more powerful and efficient way to...”

  • swissquote.com/en-lu/private/trade/pricing/account-fees checked September 26, 2026

    Backs: Monthly fee

    “Account maintenance fee* Free ... *EU, UK residents and VIP clients”

  • swissquote.com/en-lu/private/trade/products/securities/mo... checked September 26, 2026

    Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model, Rate type, Term

    “Placement Duration: Fixed from 1 to 12 months; Value date D+2; Payment of interest: On maturity”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Currency conversion fee, Currencies.

Swissquote Bank Europe

A business parking idle euro cash for a set term without paying to hold the account.

8.8/10See alternatives