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 |
Looking strictly at commissions and fees, FP Markets is the cheaper pick, while Swissquote tends to charge more in exchange for its Swiss banking brand. FP Markets holds a 4.5/5 star rating for Commissions and Fees (ranked #11 of 63), compared with Swissquote’s 3.5/5 stars (ranked #35 of 63). In short: FP Markets’ commission-based pricing and ultra-tight spreads undercut Swissquote’s entity-by-entity pricing, where minimum spreads are generally higher and deposits larger.
FP Markets’ Raw ECN account averages 0.1 pips on EUR/USD, with a flat $6 per round-turn standard lot—about 0.8 pips all-in—on MetaTrader or cTrader. Its Standard account averages 1.1 pips (no commission). For share CFDs, the Iress ViewPoint suite offers DMA pricing and depth of book, but you’ll need either the Premier tier or at least AUD 150 in monthly commissions to avoid platform/data fees; lower-cost Iress Investor skips most fees but is feature-light. Overall, FP Markets is built to keep trading costs low if you choose its commission-based setup.
Swissquote’s costs vary by location and account type. In the U.K., active traders who deposit $10,000 can use the Elite account with $5 per round-turn and lower spreads; the Standard account starts at 1.3 pips on EUR/USD, and Prime lists a 0.6-pip minimum (note: minimums are not averages). In Luxembourg, minimum spreads run from 1.5 pips (Standard, $1,000 deposit) to 0.8 pips (Prime, $50,000). In Switzerland, forex accounts start at 1.7 pips (Standard, $1,000), drop to 1.4 (Premium, $10,000), and 1.1 pips (Prime, $50,000), with custom pricing available by volume. The takeaway: Swissquote’s pricing is serviceable but generally higher than the industry’s low-cost leaders, while FP Markets is designed to minimize spread and commission outlay.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $1000 | $100 AUD |
| Average spread (EUR/USD) - Standard account | N/A | 1.3 |
| All-in Cost EUR/USD - Active | N/A | 0.9 |
| Non-wire bank transfer | 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.
Comparing the range of investments, both Swissquote and FP Markets let you trade forex as CFDs or spot. FP Markets advertises a far larger catalog with about 10,000 tradeable symbols versus Swissquote’s 472, while Swissquote stands out for access to real exchange‑traded securities. With Swissquote, you can buy actual U.S. and international shares, which FP Markets does not offer. For currency traders, Swissquote lists 80 forex pairs compared with 71 at FP Markets.
On the crypto side, Swissquote supports both real (delivered) cryptocurrencies and crypto CFDs, while FP Markets limits you to crypto CFDs. Copy trading is available at both brokers. In ForexBrokers.com’s Range of Investments ratings, Swissquote earns 5 stars and ranks #2 out of 63 brokers, while FP Markets earns 4.5 stars and ranks #16. In short, choose Swissquote if you want real stocks and crypto alongside forex; pick FP Markets if you want a very large CFD lineup and a solid selection of forex pairs.
| 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 check the key boxes for platform choice and ease of use. Each broker offers a free virtual demo account for paper trading, a proprietary platform, and access to MetaTrader 4 and MetaTrader 5. You can trade on Windows desktop or directly in your browser, place orders from the chart, explore technical indicators, and use copy trading. Watch lists can be customized, making it simple to track markets and act quickly.
For trading platforms and tools, Swissquote earns 4.5 stars and ranks #12 out of 63 brokers on ForexBrokers.com, while FP Markets scores 4 stars and ranks #22. If you want a slightly higher-rated overall platform experience with strong in-house software alongside MetaTrader, Swissquote has the edge. FP Markets remains a solid pick for traders who value the MetaTrader ecosystem, web and desktop access, and built-in copy trading.
| 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 offer iPhone and Android trading apps, so you can trade on the go either way. Each app supports price alerts, helping you track market moves in real time. One limitation to note: watchlists do not sync between the mobile app and your online account at either broker, so changes made in one place won’t automatically appear in the other.
For charting and analysis, Swissquote includes 30 technical studies in its mobile app, while FP Markets relies on the default MetaTrader toolkit for studies. Both apps let you draw trendlines and automatically save your chart drawings. Based on ForexBrokers.com’s testing, Swissquote earns 4.5 out of 5 stars and ranks 12th out of 63 brokers for Mobile Trading Apps, compared with FP Markets at 4 stars and a 20th-place ranking. If you want a larger built-in set of studies, Swissquote has the edge; if you prefer the MetaTrader environment, FP Markets will feel familiar.
| 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 deliver daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker includes Autochartist for chart pattern insights and offers an economic calendar. Neither provides research from TipRanks or tools from Acuity Trading. The big differences show up in add-ons: FP Markets includes Trading Central and a sentiment tool that displays long/short positioning, while Swissquote does not.
If you want Trading Central research and a built-in sentiment gauge, FP Markets has the edge on features. For overall research quality, Swissquote comes out ahead with a 4.5/5 rating and a #15 ranking out of 63 brokers from ForexBrokers.com, compared with FP Markets at 4/5 and ranked #22.
| 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.
Swissquote vs FP Markets: For beginners, both brokers make learning to trade forex and CFDs approachable. Each offers online educational webinars at least once a month and provides a large library of videos, including at least 10 beginner-focused lessons that explain key trading concepts in clear, everyday language.
As you progress, both also offer at least 10 advanced videos for experienced traders. Swissquote holds a slight edge in overall quality, earning 4.5/5 stars and a #19 of 63 Education ranking from ForexBrokers.com, while FP Markets scores 4/5 stars and ranks #22. If you want the stronger all-around education experience, Swissquote is the better pick; if you value frequent webinars and plenty of video lessons, FP Markets remains a dependable choice.
| 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 #11, 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
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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) - Standard account | N/A | 1.3 | |
| All-in Cost EUR/USD - Active | 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 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | 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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