Swissquote sets up European arm in Malta

Swissquote has announced its expansion with the setting-up of Swissquote Europe Ltd in Malta.

Swissquote Europe Ltd - a fully owned subsidiary of Swissquote Bank Ltd and Swissquote Group Holding Ltd - has launched Malta-based operations.

The Swiss based online Investment Bank has successfully established a solid reputation with traders, recently being recognised as the Bank offering the 'Best FX services' in Switzerland for 2012, by the UK's 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" Marc Borki, Chairman of the Board of Directors said.

Head of Forex at Swissquote, Ryan Nettles added that "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 company's second international location following Dubai, for which they hold a category 4 license and are regulated by the DFSA.