Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs Swissquote, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers FOREX.com and Swissquote, both boast a perfect Trust Score of 99 from ForexBrokers.com, signaling them as highly trusted platforms. FOREX.com was founded in 1999 and is publicly traded, although it is not a bank. On the other hand, Swissquote, established in 1996, is both publicly traded and operates as a bank. This distinction may attract those seeking the security associated with banking institutions when choosing Swissquote.
In terms of regulatory credentials, FOREX.com holds a slight edge with 7 Tier-1 licenses, which are regarded as highly trusted, compared to Swissquote's 5. Conversely, Swissquote holds 2 Tier-2 licenses, one more than FOREX.com, offering an additional layer of regulatory trust. These factors make both brokers highly appealing, but your choice might depend on whether you prioritize more Tier-1 licenses or the combination with banking services.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Year Founded | 1999 | 1996 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 7 | 5 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Looking strictly at costs, FOREX.com generally comes out cheaper than Swissquote. FOREX.com earns 4.5/5 stars for commissions and fees and is ranked #14 of 63 brokers by ForexBrokers.com, while Swissquote scores 3.5/5 stars and ranks #54 of 63.
FOREX.com offers a Standard account with typical EUR/USD spreads around 1.4 pips in the U.S. (July 2023), and outside the U.S. we observed averages near 0.74 pips. Its RAW Spread account is built for active traders: typical EUR/USD spreads are about 0.13 pips (Feb 2024) plus a $7 per standard lot round turn ($3.50 per side), which adds roughly 0.7 pips—so your all‑in is about 0.83 pips before rebates. Volume rebates range from $2 to $9 per million; however, unless you trade more than $50 million per month, the RAW/commission setup tends to land close to the Standard account’s total costs for U.S. clients. Extremely high‑volume traders (over $2 billion monthly) can achieve pricing on par with the cheapest shops.
Swissquote’s pricing varies by region and generally sits above the industry average. In the U.K., the Elite account suits active traders who deposit at least $10,000, pairing lower spreads with a $5 round‑turn commission; the Standard account starts around 1.3 pips on EUR/USD, while the Prime account advertises minimums from 0.6 pips (note: minimums, not averages). In Luxembourg, minimum spreads range from about 1.5 pips (Standard, $1,000 minimum) down to 0.8 pips (Prime, $50,000 minimum). In Switzerland, minimums are near 1.7 pips (Standard, $1,000), 1.4 pips (Premium, $10,000), and 1.1 pips (Prime, $50,000), with custom discounts negotiated for large volume. Overall, Swissquote charges a small premium compared to the lowest‑cost brokers.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Minimum Deposit | $100 | $1000 |
| Average spread (EUR/USD) - Standard account | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.13 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing FOREX.com vs Swissquote for range of investments: both brokers let you trade forex as CFDs or spot and each offers 80 forex pairs. FOREX.com stands out with about 5,500 tradeable symbols, while Swissquote lists around 472. Both support cryptocurrency CFDs, but only Swissquote also lets you buy actual crypto, not just a CFD.
When it comes to stocks, Swissquote lets clients buy exchange‑listed shares on U.S. and international markets (think Apple or Vodafone). FOREX.com does not offer exchange‑traded shares. Swissquote also provides copy trading, which FOREX.com lacks. Both earned 5 stars for Range of Investments from ForexBrokers.com, with Swissquote ranked #2 and FOREX.com #7 out of 63 brokers.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 472 |
| Forex Pairs (Total) | 80 | 80 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FOREX.com and Swissquote both deliver a full-featured trading experience. Each broker offers a free demo account for simulated trading, a proprietary platform, Windows desktop software, a web-based platform, and the ability to place trades directly from charts. Both also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), giving traders familiar charting and algorithmic options across devices.
Key differences show up in extras and accolades. Swissquote supports copy trading, while FOREX.com does not. For platform quality, ForexBrokers.com rates FOREX.com at 5 stars and ranks it #7 out of 63 brokers for Trading Platforms and Tools, compared with Swissquote at 4.5 stars and #12. If copy trading is a must, Swissquote stands out; if top-rated platform tools are your priority, FOREX.com has the edge.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 88 | 86 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both the FOREX.com mobile app and the Swissquote mobile trading app are available on iPhone and Android, and each supports price alerts, trendline drawing on charts, and auto‑saving your annotations. A key difference is watchlists: FOREX.com syncs your watchlist between the mobile app and your online account, so changes carry across devices, while Swissquote does not offer this syncing.
If you care about charting depth, FOREX.com offers 88 technical studies in its app compared with 30 at Swissquote. Independent ratings reflect this edge: FOREX.com earns 5 stars and ranks #3 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while Swissquote scores 4.5 stars and ranks #12. In short, both apps are capable for on-the-go trading, but FOREX.com stands out for richer indicators and seamless watchlist management.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research capabilities of FOREX.com and Swissquote, both brokers offer daily market commentary and provide forex news from reputable sources such as Bloomberg, Reuters, and Dow Jones. However, when it comes to research tools, there are distinct differences. FOREX.com is equipped with tools from Trading Central, including Technical Analytics, and offers a sentiment-based trading tool that reveals the ratio of long versus short positions in currency pairs. In contrast, Swissquote provides technical analysis tools from Autochartist but does not feature sentiment-based tools or Trading Central analytics. Additionally, neither broker supplies market research through TipRanks or Acuity Trading.
Both brokers offer an economic calendar that highlights current and upcoming global economic events, offering users the ability to stay updated on critical financial developments. Despite these similarities, FOREX.com surpasses Swissquote in overall research offerings, boasting a 4.5-star rating compared to Swissquote's 4-star rating. According to ForexBrokers.com, FOREX.com ranks 9th out of 63 brokers in the research category, whereas Swissquote is ranked 16th, reflecting FOREX.com's slight edge in providing comprehensive market research tools and insights.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, both FOREX.com and Swissquote deliver ongoing learning with client webinars held at least monthly and video libraries that include 10 or more beginner topics, plus 10 or more advanced lessons for when you’re ready to go deeper. This means new traders can start with easy-to-follow videos, then build skills through regular webinars that cover forex and CFD trading concepts, platforms, and strategies.
When it comes to quality and depth, FOREX.com holds an edge: it earns a 4.5-star Education rating and ranks #4 out of 63 brokers on ForexBrokers.com. Swissquote is still a strong choice for learning, with a 4-star rating and a #20 ranking. If education is a top priority, beginners may find FOREX.com the more appealing pick, while Swissquote remains a solid alternative with plenty of helpful content.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than Swissquote. FOREX.com finished with an overall rank of #5, while Swissquote finished with an overall rank of #11.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 99 |
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In the FOREX.com vs Swissquote cryptocurrency trading comparison, Swissquote allows buying actual (delivered) cryptocurrencies and also offers crypto CFDs, whereas FOREX.com does not support delivered crypto purchases but does offer cryptocurrency CFDs.
In the FOREX.com vs Swissquote comparison, both online brokers support ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, while Visa or Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FOREX.com | Swissquote | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Swissquote Review |
| Broker Screenshots | FOREX.com | Swissquote | |
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| Regulation | FOREX.com | Swissquote | |
|---|---|---|---|
| Trust Score | 99 | 99 | |
| Year Founded | 1999 | 1996 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 5 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | Swissquote | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | No | Yes | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | Swissquote | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | Swissquote | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 472 | |
| Forex Pairs (Total) | 80 | 80 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FOREX.com | Swissquote | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.13 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Swissquote | |
|---|---|---|---|
| Minimum Deposit | $100 | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FOREX.com | Swissquote | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | FOREX.com | Swissquote | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 86 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | Swissquote | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | Swissquote | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Swissquote | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FOREX.com | Swissquote | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | Swissquote Review |
| Overall | FOREX.com | Swissquote | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Swissquote Review |
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