Written by ForexBrokers.com
In this head to head comparison of Swissquote vs FP Markets, 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.
Swissquote and FP Markets are established online brokers with different profiles. Swissquote, founded in 1996, is publicly traded and operates as a bank, which can add transparency and oversight. FP Markets, founded in 2005, is privately held and not a bank.
Regulation is a key difference. Swissquote holds 5 Tier-1 licenses and 2 Tier-2 licenses, while FP Markets holds 2 Tier-1 and 1 Tier-2. On ForexBrokers.com’s 99-point Trust Score scale—90-99 highly trusted, 80-89 trusted, 70-79 average risk, 60-69 high risk, and under 59 not trusted—Swissquote scores 99 and FP Markets scores 90. Both are rated highly trusted, with Swissquote at the very top of the range.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Year Founded | 1996 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Swissquote and FP Markets both offer online trading, but FP Markets is the cheaper choice for most traders when it comes to commissions and fees. Swissquote charges a premium for the appeal of banking with a Swiss financial group, and its pricing varies by entity and account type. In the U.K., its lower-cost Elite account charges $5 per round turn trade, while other accounts can start from 1.3 pips on EUR/USD. In Luxembourg, spreads range from about 0.8 to 1.5 pips depending on the account. In Switzerland, forex pricing is higher still, with EUR/USD spreads starting at 1.7 pips on the Standard account. Swissquote is rated 3.5/5 stars and ranked #37 out of 36 brokers for commissions and fees by ForexBrokers.com.
FP Markets, by contrast, is known for low trading costs, especially on its commission-based Raw ECN account. Its Raw ECN pricing averaged around 0.1 pips in spread terms, or about 0.8 pips all-in after commission, while the Standard account is more expensive at about 1.1 pips on EUR/USD. On cTrader, the Raw account carries a flat $6 per round-turn standard lot for forex trading. FP Markets also offers different Iress account tiers in Australia, though some of those can bring platform and data fees unless you meet volume or balance requirements. FP Markets is rated 4.5/5 stars and ranked #11 out of 36 brokers for commissions and fees.
Overall, Swissquote is better suited to traders who value a Swiss banking brand and are willing to pay more for it, while FP Markets is the stronger pick for low-cost trading. If saving on spreads and commissions is your main goal, FP Markets has the edge.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $1000 | $0 |
| Average spread (EUR/USD) - Spread-only account | N/A | 1.3 |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.9 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, Swissquote offers more variety in several key areas. Both brokers support forex trading, copy trading, and cryptocurrency CFDs, but Swissquote goes further by also letting clients buy real U.S. and international exchange traded securities, such as Apple shares or Vodafone shares. It also offers actual cryptocurrency purchases, not just crypto CFDs. Swissquote lists 472 tradable symbols and 80 forex pairs, while FP Markets lists a much larger 10,000 tradable symbols but offers 71 forex pairs and does not provide access to real exchange traded shares or delivered crypto.
For investors looking at overall market choice, FP Markets may appeal to those who want a very large number of tradable instruments, especially across CFDs, while Swissquote stands out for access to actual shares and real crypto. That difference is reflected in their ratings too: Swissquote scores 5 stars for Range of Investments and ranks #2 out of 36 brokers at ForexBrokers.com, while FP Markets scores 4.5 stars and ranks #17.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 10000 |
| Forex Pairs (Total) | 80 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| 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.
Swissquote and FP Markets both give traders a wide choice of platforms and tools. Each broker offers a free demo account for practice, its own in-house platform, a Windows desktop app, a web-based platform, copy trading, and support for both MetaTrader 4 and MetaTrader 5. Both also let users place trades directly from charts, making it easier to act quickly while reviewing price movement.
For trading platforms and tools, Swissquote has the edge overall. It is rated 4.5 out of 5 stars and ranks #12 out of 36 brokers by ForexBrokers.com, while FP Markets is rated 4 out of 5 stars and ranks #22. In simple terms, both brokers cover the main needs well, but Swissquote comes out ahead for this category.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and FP Markets both make it easy to trade on the go, since each offers iPhone and Android apps, plus stock and forex price alerts. They also let users draw trendlines on charts, and both apps automatically save those drawings. One area where neither broker stands out is watchlist syncing: changes made in the mobile app do not sync with the online account for either provider.
When it comes to charting tools, Swissquote has the edge in the mobile app with 30 technical studies, while FP Markets uses the default MetaTrader charting setup. That difference shows in user feedback too: Swissquote is rated 4.5 out of 5 stars for mobile trading apps and ranks #12 out of 36 brokers at ForexBrokers.com, compared with FP Markets at 4 stars and #20. For traders who want a slightly better mobile app experience, Swissquote comes out ahead, though FP Markets still covers the main basics well.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote and FP Markets both give traders a solid set of market research tools, including daily market commentary, forex news from major sources like Bloomberg and Reuters, Autochartist tools, and an economic calendar with current and upcoming global events. This means both brokers help users stay on top of price moves, news flow, and key events that may affect trading decisions.
That said, FP Markets offers a few extra research features that Swissquote does not, including Trading Central tools and a sentiment indicator showing the balance of long and short positions across markets. In independent ratings, Swissquote scores higher for Research at 4.5 out of 5 stars and ranks #15 out of 36 brokers, while FP Markets is rated 4 out of 5 stars and ranks #22. Overall, Swissquote has the edge for research quality, while FP Markets stands out for offering a wider mix of third-party tools.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner education, both Swissquote and FP Markets give new traders plenty of ways to learn the basics. Each broker offers forex and CFDs education with at least 10 learning materials, along with monthly online webinars and a large library of beginner videos as well as advanced videos. That means either choice can help a new trader build knowledge step by step, from first lessons to more advanced market topics.
Swissquote has a slight edge overall for education. It is rated 4.5 out of 5 stars and ranks #19 out of 36 brokers for Education on ForexBrokers.com, while FP Markets is rated 4 stars and ranks #21. In simple terms, both brokers are strong for learning, but Swissquote comes out a little ahead for educational quality and depth.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| 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 Swissquote is better than FP Markets. Swissquote finished with an overall rank of #12, while FP Markets finished with an overall rank of #19.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
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FP Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 90 |
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Swissquote vs FP Markets: Swissquote lets traders buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, while FP Markets offers only cryptocurrency CFDs and does not provide delivered crypto purchases.
Swissquote supports ACH/SEPA transfers, PayPal, Skrill, and bank wires, while FP Markets lacks ACH/SEPA but supports PayPal, Skrill, and bank wires; Visa/Mastercard availability is not specified for either broker.
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 | Swissquote | FP Markets | |
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| Trust Score | 99 | 90 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FP Markets Review |
| Broker Screenshots | Swissquote | FP Markets | |
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| Regulation | Swissquote | FP Markets | |
|---|---|---|---|
| Trust Score | 99 | 90 | |
| Year Founded | 1996 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Swissquote | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 10000 | |
| Forex Pairs (Total) | 80 | 71 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| 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 | Swissquote | FP Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | N/A | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.9 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Swissquote | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $1000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | Swissquote | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | Swissquote | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | FP Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Swissquote | FP Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | FP Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Swissquote | FP Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Swissquote Review | FP Markets Review |
| Overall | Swissquote | FP Markets | |
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| Trust Score | 99 | 90 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FP Markets Review |
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