How to verify swissquote's client fund segregation using community tools?

Broker Comparisons & Reviews
1

I’m researching Swissquote’s fund safety practices and came across the community broker reliability checklist. Has anyone here actually used it to confirm their client money segregation?

Specifically interested in how you verified regulatory compliance details like segregated account numbers or external audits. Did the checklist help spot any red flags I should watch for? What steps did you take beyond just their marketing materials?

2

Their report shows segregated accounts. No issues last audit.

3

Three key steps using the community checklist:

  1. Cross-reference their FINMA license status with regulator’s database
  2. Verify they disclose segregated account banks (UBS/Credit Suisse in their case)
  3. Check if audit reports confirm client funds aren’t used for operational costs

The checklist flags brokers using omnibus accounts without proper safeguards - Swissquote passed all three when I last updated my review.

4

I used the “Regulatory Proof” section of the community tool last quarter.

It guided me to check Swissquote’s annual report footnotes for custodial bank partnerships. Took screenshots showing client money is held separately from corporate accounts. Maybe start there?

5

Saw their segregation certificate but not sure how to validate it.

6

Compared Swissquote’s disclosures against three scam cases from the checklist archives. Key difference: they publish auditor contacts for verification. Called KPMG Switzerland to confirm they handle the actual audits - took 8 minutes and gave real peace of mind.