Swissquote Sets up European Arm in Malta

Swissquote announces its geographical expansion with the launch of Swissquote Europe Ltd. Located in Malta, Swissquote Europe Ltd is a fully owned subsidiary of Swissquote Bank Ltd and Swissquote Group Holding Ltd.

Over recent years, the Swiss based online Investment Bank has successfully established a solid reputation with traders; furthermore, Swissquote was recently recognized as the Bank offering the Best FX services in Switzerland for 2012 by UK financial magazine The New Europe.

"Following huge demands from European residents wishing to trade FX with Swissquote, we are pleased to announce that our services are now available to them with the opening of our Malta office, this demonstrates our dedication to continue extending our renown services globally" said Marc B0rki, Chairman of the Board of Directors.

Head of Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term at Swissquote, Ryan Nettles, further added "Traders interested in FX will now have the opportunity to discover why private clients, companies and institutions have chosen to trade Forex with us in the past. Swissquote Europe will service both retail and institutional traders, this also includes White Label partners, Money Managers and Introducing Brokers."

Swissquote Europe holds a category 3 license and is regulated by the MFSA. It is the companys second international location following Dubai, for which they hold a category 4 license and are regulated by the DFSA.