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Swissquote vs FP Markets 2021

Is FP Markets better than Swissquote? In our analysis of 23 international regulators across 50 brokers, FP Markets is considered average-risk, with an overall Trust Score of 81 out of 99. Swissquote is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.


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.

Overall Rating

Feature Swissquote FP Markets
Overall 4 4
Commissions & Fees 3.5 5
Offering of Investments 4.5 4.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4 3.5
Education 3.5 3
Trust Score 99 81
Swissquote Review FP Markets Review
79% of retail CFD accounts lose money The vast majority of retail CFD accounts lose money

Regulation

Feature Swissquote FP Markets
Trust Score 99 81
Year Founded
1996 2005
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
4 1
Tier-2 Licenses
1 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature Swissquote FP Markets
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
Yes No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Investments

Feature Swissquote FP Markets
Forex Trading
Yes Yes
CFDs (Total)
49 8908
Forex Pairs (Total)
78 61
Cryptocurrency (Physical)
Yes No
Cryptocurrency (CFD)
No Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature Swissquote FP Markets
Average Spread EUR/USD - Standard
N/A 1.14 (June 2020)
All-in Cost EUR/USD - Active
N/A 0.61 (August 2020)
Active Trader or VIP Discounts
Yes Yes

Funding

Feature Swissquote FP Markets
Minimum Deposit
$1000.00 $100 AUD
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Swissquote FP Markets
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature Swissquote FP Markets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 Default (MT4/MT5)
Charting - Indicators / Studies (Total)
49 59
Charting - Drawing Tools (Total)
16 Default (MT4/MT5)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes No

Mobile Trading

Feature Swissquote FP Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
No Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 Default (MT4/MT5)
Charting - Draw Trendlines
No No
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

Feature Swissquote FP Markets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes Yes
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes

Education

Feature Swissquote FP Markets
Has Education - Forex
Yes Yes
Has Education - CFDs
No Yes
Client Webinars
Yes No
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature Swissquote FP Markets
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

Overall

Feature Swissquote FP Markets
Overall 4 4
Commissions & Fees 3.5 5
Offering of Investments 4.5 4.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4 3.5
Education 3.5 3
Trust Score 99 81
Swissquote Review FP Markets Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare FP Markets vs Swissquote.

Does FP 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, FP Markets offers better pricing overall for traders.

Is FP 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. Swissquote holds 4 global Tier-1 licenses, while FP Markets holds 1. Both FP Markets and Swissquote hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Swissquote earned a higher Trust Score than FP Markets.

Which trading platform is better: FP Markets or Swissquote?
To compare the trading platforms of both FP Markets and Swissquote, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Swissquote offers a better experience. With research, Swissquote offers superior market research. Finally, we found Swissquote 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. FP Markets and Swissquote both offer copy trading. Both FP Markets and Swissquote offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to FP Markets's 61 available pairs. Forex pairs aside, FP Markets offers traders access to 8908 CFDs while Swissquote has 49 available CFDs, a difference of 8,859.

Can I trust FP Markets?
FP Markets is not publicly traded and does not operate a bank. FP Markets is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FP Markets is authorised by the following tier-1 regulator: Australian Securities & Exchange Commission (ASIC).

Can I trust Swissquote?
Swissquote is a publicly traded company, operates a regulated bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulator (average trust), and no tier-3 regulators (low trust). Swissquote is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Monetary Authority of Sinagpore (MAS), Swiss Financial Market Supervisory Authority (FINMA), and the Financial Conduct Authority (FCA).

Is FP Markets good?
While FP Markets trails industry leaders in research and education, spreads on MetaTrader are highly competitive, helping FP Markets shine as a low-cost broker for forex and CFDs trading.

Is Swissquote good?
Traders willing to pay a premium to have their brokerage account held with a Swiss bank choose Swissquote for its competitive, multi-asset offering. That said, Swissquote's UK-based offering provides better pricing despite offering a smaller range of markets.

Overall winner: Swissquote

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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 website as of 12/14/2020 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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