Is CMC Markets better than Swissquote? After testing 30 of the best forex brokers over five months, CMC Markets is better than Swissquote. Through its offices regulated in major global financial centers, CMC Markets offers traders a wide range of financial products with excellent pricing and its Next Generation trading platform, which is packed with innovative trading tools and charting.
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CMC Markets vs Swissquote 2020
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | CMC Markets | Swissquote |
| Overall | ||
| CMC Markets Review | Swissquote Review | |
| 70.5% of retail CFD accounts lose money | 74-89% of retail CFD accounts lose money |
Regulation
| Feature | CMC Markets | Swissquote |
| Trust Score | 99 | 99 |
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Year Founded |
1989 | 1996 |
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Publicly Traded (Listed) |
Yes | Yes |
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Bank |
No | Yes |
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Tier-1 Licenses |
4 | 4 |
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Tier-2 Licenses |
2 | 1 |
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Tier-3 Licenses |
0 | 0 |
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Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses
| Feature | CMC Markets | Swissquote |
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ASIC Authorised (Australia) |
Yes | No |
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IIROC Authorised (Canada) |
Yes | No |
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SFC Authorised (Hong Kong) |
No | Yes |
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FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
Yes | Yes |
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FINMA Authorised (Switzerland) |
No | Yes |
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FCA Authorised (UK) |
Yes | Yes |
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CFTC Registered (USA) |
No | No |
Investments
| Feature | CMC Markets | Swissquote |
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Forex: Spot Trading |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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Currency Pairs (Total Forex pairs) |
180 | 78 |
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CFDs - Total Offered |
9848 | 52 |
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Cryptocurrency traded as actual |
No | Yes |
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Cryptocurrency traded as CFD |
Yes | No |
| Offering of Investments | ||
| Winner | check_circle |
Cost
| Feature | CMC Markets | Swissquote |
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Average Spread EUR/USD - Standard |
0.81 (as of Oct 19) | N/A |
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All-in Cost EUR/USD - Active |
0.81 (as of Oct 19) | N/A |
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Active Trader or VIP Discounts |
Yes | Yes |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | CMC Markets | Swissquote |
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Minimum Initial Deposit |
$0.00 | $1000.00 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | Yes |
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Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | CMC Markets | Swissquote |
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Proprietary Platform |
Yes | Yes |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
No | Yes |
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cTrader |
No | No |
Trading Tools
| Feature | CMC Markets | Swissquote |
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Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
8 | 7 |
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Charting - Indicators / Studies (Total) |
79 | 49 |
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Charting - Drawing Tools (Total) |
24 | 16 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Order Type - Trailing Stop |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Mobile Trading
| Feature | CMC Markets | Swissquote |
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Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Trading - Forex |
Yes | Yes |
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Trading - CFDs |
Yes | Yes |
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Alerts - Basic Fields |
Yes | No |
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Watch List |
Yes | No |
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Watch List Syncing |
Yes | No |
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Charting - Indicators / Studies |
23 | 30 |
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Charting - Draw Trend Lines |
Yes | No |
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Charting - Trend Lines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Forex Calendar |
Yes | No |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | CMC Markets | Swissquote |
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Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
Yes | Yes |
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AutoChartist |
No | Yes |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | No |
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Economic Calendar |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Education
| Feature | CMC Markets | Swissquote |
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Has Education - Forex |
Yes | Yes |
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Has Education - CFDs |
Yes | No |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | Yes |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | CMC Markets | Swissquote |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | CMC Markets | Swissquote |
| CMC Markets Review | Swissquote Review | |
| Overall | ||
| Winner | check_circle |
Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare CMC Markets vs Swissquote.
Does CMC Markets or Swissquote offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, CMC Markets offers better pricing overall for traders.
Is CMC Markets or Swissquote safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Both CMC Markets and Swissquote hold 4 global Tier-1 licenses. CMC Markets holds 2 global Tier-2 licenses, while Swissquote holds 1. All regulators considered, both CMC Markets and Swissquote have a Trust Score of 99.00.
Which trading platform is better: CMC Markets or Swissquote?
To compare the trading platforms of both CMC Markets and Swissquote, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. CMC Markets and Swissquote both offer copy trading. Both CMC Markets and Swissquote offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
CMC Markets provides traders 180 currency pairs (e.g., EUR/USD) compared to Swissquote's 78 available pairs. Forex pairs aside, CMC Markets offers traders access to 9848 CFDs while Swissquote has 52 available CFDs, a difference of 9,796.
Overall, between CMC Markets and Swissquote, CMC Markets is the better forex broker.
CMC Markets ReviewSwissquote Review
Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
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