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 | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
For commissions and fees, FOREX.com scores 4.5/5 stars and ranks #15 of 63 at ForexBrokers.com, while Swissquote earns 3.5/5 stars and ranks #35. Both publish clear pricing, but their cost structures suit different types of traders.
FOREX.com offers a Standard spread-only account and a commission-based RAW Spread account. In the U.S., the Standard account’s typical EUR/USD spread is about 1.4 pips (July 2023), while outside the U.S. we observed a time-weighted average of 0.74 pips in July 2023. The RAW account, available in the U.S., Canada, and the EU, quotes typical EUR/USD spreads around 0.13 pips (Feb 2024) plus a $7 per standard lot commission ($3.50 per side), which adds about 0.7 pips to the spread. Active traders can earn volume rebates across six tiers ($2–$9 per million), and very high-volume clients trading over $2 billion per month can reach pricing comparable with top low-cost brokers. Unless you trade more than $50 million a month, FOREX.com says the all-in costs of its commission plan are roughly on par with its Standard account for U.S. residents.
Swissquote’s pricing varies by entity and account type, and generally carries a small premium. In the U.K., the Elite account suits active traders with lower spreads and a $5 round-turn commission, while the Standard account starts at 1.3 pips on EUR/USD and the Prime account advertises minimum spreads from 0.6 pips (minimums, not averages). In Luxembourg, minimum spreads run about 0.8–1.5 pips depending on account and deposit ($1,000–$50,000), and in Switzerland spreads start near 1.7 pips on Standard, 1.4 pips on Premium ($10,000 minimum), and 1.1 pips on Prime ($50,000 minimum), with custom discounts negotiated for very active traders. In short, FOREX.com typically comes out cheaper for frequent traders using the RAW account, while Swissquote may appeal if you want a Swiss banking brand and can accept slightly higher trading costs.
| 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.
FOREX.com and Swissquote both let you trade forex as CFDs or spot, with 80 forex pairs each. The big difference is total product count: FOREX.com offers about 5,500 tradeable symbols, while Swissquote lists 472. Both brokers also provide access to exchange-traded securities on U.S. and international exchanges, so you can buy shares like Apple on NASDAQ or Vodafone in London. For crypto, both support cryptocurrency CFDs, but only Swissquote lets you buy actual cryptocurrency in addition to CFDs.
Swissquote also offers copy trading, which FOREX.com does not. Both earn a 5-star rating for Range of Investments; however, ForexBrokers.com ranks Swissquote #2 and FOREX.com #6 out of 63 brokers in this category.
| 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) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
Comparing FOREX.com vs Swissquote on trading platforms and tools, both brokers check the key boxes: free demo (paper) trading, in-house proprietary platforms, Windows desktop downloads, and web-based platforms. Each also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with the ability to place trades directly from charts. One notable difference is copy trading—Swissquote offers it, while FOREX.com does not.
In independent testing, FOREX.com earns 5 stars for Trading Platforms and Tools and ranks #5 out of 63 brokers at ForexBrokers.com. Swissquote scores 4.5 stars and ranks #12. If copy trading matters to you, Swissquote has the edge. If overall platform ratings and rankings are your priority, FOREX.com leads the way.
| 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) | 90 | 86 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and Swissquote offer mobile trading apps for iPhone and Android, complete with price alerts. Each app lets you draw trendlines on charts and automatically saves your drawings. Where they differ is depth and convenience: FOREX.com provides 90 technical studies in its mobile charts, while Swissquote offers 30. FOREX.com also syncs watchlists between the app and your online account, but Swissquote does not.
Independent ratings reflect these gaps. FOREX.com earns 5 stars for Mobile Trading Apps and ranks #2 out of 63 brokers at ForexBrokers.com. Swissquote scores 4.5 stars and ranks #12. If you want more technical indicators and seamless watchlist syncing, FOREX.com is the stronger pick; if you need alerts and capable charting on both iPhone and Android, Swissquote still performs well.
| 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 | 90 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to forex market research, both FOREX.com and Swissquote deliver the essentials: daily market commentary, news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and a handy economic calendar. The key differences are in the research add-ons. FOREX.com integrates Trading Central and offers a sentiment tool that shows the ratio of long vs. short positions across instruments. Swissquote, on the other hand, includes Autochartist for pattern recognition but does not provide Trading Central or a sentiment tool. Neither broker features TipRanks or Acuity Trading tools.
For overall research quality, ForexBrokers.com rates FOREX.com at 4.5 stars (ranked 7th out of 63 brokers) and Swissquote at 4 stars (ranked 15th out of 63). Choose FOREX.com if you want Trading Central analysis and a built-in sentiment gauge; pick Swissquote if Autochartist’s chart patterns are your priority, while still getting daily commentary, premium news, and an economic calendar at either broker.
| 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.
FOREX.com vs. Swissquote for beginner education: both brokers make it straightforward to learn the basics. Each hosts online educational client webinars at least once per month and offers sizable video libraries geared to newcomers, with 10+ beginner videos that explain core trading topics in plain language. As you advance, both also provide 10+ videos for experienced traders, so you can keep growing from the same education hub.
On overall quality, ForexBrokers.com rates FOREX.com’s education 4.5/5 and ranks it #4 out of 63 brokers, while Swissquote earns 4.0/5 and ranks #19. That edge suggests beginners may find FOREX.com’s education a bit stronger, though Swissquote remains a solid option if you like its platform and still want regular webinars plus extensive beginner and advanced video 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 #4, 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 | 1 | 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) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | 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) | 90 | 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 | 90 | 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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