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 | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available at FOREX.com and Swissquote, both platforms cater to forex traders with 80 tradeable forex pairs each, offering opportunities in both CFD and spot contracts. However, FOREX.com boasts a larger variety with 5,500 tradeable symbols compared to Swissquote's 472. Despite this, Swissquote provides access to exchange-traded securities on both U.S. and international exchanges, unlike FOREX.com, where such investments are limited to CFDs. Swissquote also stands out with the added feature of copy trading and the ability to purchase actual cryptocurrencies, offering a broader spectrum for those interested in diversifying their investment portfolio.
Both platforms have achieved a top rating of five stars for their range of investments, but Swissquote is ranked higher, securing the second spot among 63 brokers by ForexBrokers.com. FOREX.com follows closely at seventh place, thanks to its extensive list of tradeable symbols and cryptocurrency derivatives. Ultimately, while FOREX.com provides an extensive array of tradeable symbols, Swissquote excels in offering a more diverse portfolio, including international equities, copy trading, and direct cryptocurrency purchases, making it a compelling choice for investors seeking variety beyond traditional forex trading.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 472 |
| Forex Pairs (Total) | 80 | 80 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | Yes |
| Cryptocurrency (Derivative) | 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.
Both FOREX.com and Swissquote give traders a full lineup of platforms and tools. Each broker offers a free demo (paper) account, an in-house platform, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade directly from charts on both, and choose between a Windows desktop download or a convenient web platform.
The key difference is copy trading: Swissquote supports copy trading, while FOREX.com does not. According to ForexBrokers.com, FOREX.com earns 5 stars for Trading Platforms and Tools and ranks 7th out of 63 brokers, while Swissquote earns 4.5 stars and ranks 12th. If you want copy trading built in, Swissquote is a fit; if you want the higher-rated, multi-platform experience, FOREX.com takes the lead.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 88 | 86 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FOREX.com and Swissquote, both brokers offer apps compatible with iPhone and Android devices, providing traders with access to stock and forex price alerts as well as the ability to view multiple time frames on charts. Both platforms allow for drawing trendlines and automatically save these drawings, catering to traders who require detailed technical analysis on the go. However, FOREX.com stands out with an impressive offering of 88 technical studies for charting, compared to Swissquote's 30. Additionally, FOREX.com supports watchlist symbol syncing between its mobile app and online accounts, a feature not available with Swissquote. This syncing capability can provide added convenience for traders who frequently switch between devices.
In terms of user satisfaction, FOREX.com receives a stellar 5-star rating for its mobile trading apps, slightly ahead of Swissquote's 4.5 stars. This difference is also reflected in industry rankings, with FOREX.com placing 3rd out of 63 brokers according to ForexBrokers.com, while Swissquote holds the 12th position. Both apps allow creating watchlists with real-time quotes, enriching traders’ abilities to stay on top of market movements. With these distinctions, FOREX.com offers a broader range of analysis tools and greater integration between its mobile and web platforms, making it a strong contender for traders seeking comprehensive mobile functionality.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FOREX.com and Swissquote both cater to beginner traders with clear, video-first learning. Each broker offers at least 10 beginner-focused videos and hosts live educational webinars at least once a month. As you progress, both also provide 10+ advanced videos for experienced topics. In independent testing by ForexBrokers.com, FOREX.com earned 4.5/5 stars for Education and ranked #4 out of 63 brokers, while Swissquote received 4/5 stars and ranked #20—giving FOREX.com the edge for overall learning quality.
Details we couldn’t confirm include whether either broker has a searchable archive of past webinars, a glossary with 50+ investing terms, or a minimum of 10 total forex/CFD education pieces beyond the video counts noted. If you want the higher-rated education suite and frequent live sessions, FOREX.com is the stronger pick; if you prefer a Swiss-based broker with comparable video training and monthly webinars, Swissquote is a solid alternative.
| Feature |
FOREX.com
|
Swissquote
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | Yes |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) [DELETED] |
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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While FOREX.com allows trading of cryptocurrency derivatives but does not offer the option to buy actual, delivered cryptocurrencies, Swissquote provides both the ability to purchase actual cryptocurrencies and trade in cryptocurrency derivatives.
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 (SFC 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. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | Yes | |
| Cryptocurrency (Derivative) | 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 | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Swissquote | |
|---|---|---|---|
| Minimum Deposit | $100 | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) [DELETED] | |||
| 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 | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | FOREX.com | Swissquote | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 88 | 86 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| 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 | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | Swissquote | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Swissquote | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | Yes | Yes | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | FOREX.com | Swissquote | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| 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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