Internaxx Bank provides a broad range of international trading and investment products including multi-currency accounts to invest in stocks, ETFs, funds and access margin, and derivatives accounts to invest in CFDs, Forex, futures and options through its partner, Swissquote Bank.
In 2023, Swissquote Bank Europe S.A achieved the position of 54th largest bank in Luxembourg with a market share of 0.08%; its total assets dropped by 0.29%.
Additionally, the bank became the 14th profitable bank in relation to its total assets showcasing 1.42% return on assets and 15.63% return on equity in 2023.
Deposits up to 100,000 EUR are covered by Luxembourg deposit guarantee scheme in Swissquote Bank Europe S.A.
Becoming a client of Swissquote Bank Europe S.A can be done in a few steps:
Swissquote Bank Europe S.A ranks as the 54th largest bank in Luxembourg by total assets. In 2023 its total assets were 790.38 mln EUR, representing a 0.08% market share. In 2023 the bank's annual profit was 11.24 mln EUR. As of 2023, the bank employed 66 people.
Swissquote Bank Europe S.A protects deposits up to up to 100,000 EUR per depositor through Luxembourg's deposit guarantee scheme. The scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies. The bank participates in the Fonds de garantie des dépôts Luxembourg (FGDL), making regular contributions into it.
Swissquote Bank Europe S.A is headquartered in LUXEMBOURG.
Swissquote Bank Europe S.A has profiles at the following social networks:
Swissquote Bank Europe S.A provides products and services in the areas of securities trading, wealth management. Swissquote Bank Europe S.A offers a range of products including trading accounts.
Opening an account with Swissquote Bank Europe S.A can be done by performing the following steps: submit online application, sign and send documents, make transfer.
Products and services offered by Swissquote Bank Europe S.A are not available at the bank's branches. Swissquote Bank Europe S.A instead uses direct channels to deliver its solutions to customers, namely via online banking system, desktop application, mobile application.
In 2023 total assets of Swissquote Bank Europe S.A were 790.38 mln EUR. Decline compared to the previous period (2022) was -0.29%. The evolution of the total assets of Swissquote Bank Europe S.A is shown at Chart 1 below.
Chart 1. Total Assets of Swissquote Bank Europe S.A.
Recent changes in gross profit of Swissquote Bank Europe S.A and its main components are shown in Table 1.
2022 | 2023 | change (%) | |
---|---|---|---|
Net Interest Income | 8.1 | 22.5 | +176.04% |
Net Commission Income | 8.8 | 9.4 | +6.74% |
Table 1. Recent changes in gross profit of Swissquote Bank Europe S.A (mln EUR).
In 2023 annual profit of Swissquote Bank Europe S.A was 11.24 mln EUR. Growth compared to the previous period (2022) was 293.01%. The evolution of the annual profit of Swissquote Bank Europe S.A is shown at Chart 2 below.
Chart 2. Annual Profit of Swissquote Bank Europe S.A.
In 2023 there were 66 employees of Swissquote Bank Europe S.A. Growth compared to the previous period (2022) was 37.50%. The evolution of the number of employees of Swissquote Bank Europe S.A is shown at Chart 3 below.
Chart 3. Number of Employees of Swissquote Bank Europe S.A.
Discover key identifiers of Swissquote Bank Europe S.A including its BIC, LEI, company number, MFI ID.
BIC: SWQBLULL
The BIC (also known as SWIFT code) for Swissquote Bank Europe S.A is SWQBLULL. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
Key | Value |
---|---|
BIC | SWQBLULL |
Bank BIC Code | SWQB |
Country Code | LU (Luxembourg) |
Location Code | LL |
Branch Code | - |
LEI: 549300M2IHOB9P5WE714
Swissquote Bank Europe S.A’s LEI is 549300M2IHOB9P5WE714. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
Key | Value |
---|---|
LEI | 549300M2IHOB9P5WE714 |
LOU Identifier | 5493 |
Reserved | 00 |
Entity Identifier | M2IHOB9P5WE7 |
Verification ID | 14 |
Company Registration Number: B78729
Swissquote Bank Europe S.A is registered in Luxembourg under company number B78729. Company Registration Number is a distinctive code issued upon registration of a new company. Company number can be used to find data about the company in a national company register.
Key | Value |
---|---|
Company Number | B78729 |
MFI ID: LUB00324
Swissquote Bank Europe S.A’s MFI ID, LUB00324, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Luxembourg (LU), followed by the institutions's internal ID.
Key | Value |
---|---|
MFI ID | LUB00324 |
Country Code | LU |
MFI Code | B00324 |
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