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.
When choosing an online broker, comparing Swissquote and FP Markets reveals important insights into their trustworthiness and regulatory status. Swissquote, established in 1996, stands out with a ForexBrokers.com Trust Score of 99 out of 99, indicating a highly trusted reputation. Being a publicly traded bank, Swissquote provides enhanced security and transparency for its clients. It holds five Tier-1 licenses and two Tier-2 licenses, reinforcing its established position in the financial market.
In contrast, FP Markets, founded in 2005, holds a Trust Score of 89 out of 99, conveying a status of trustworthiness. Although not publicly traded and not a bank, FP Markets still demonstrates credibility with two Tier-1 licenses and one Tier-2 license. These distinctions reflect its commitment to regulatory compliance, albeit with a shorter and slightly less extensive track record compared to Swissquote.
| 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 |
For commissions and fees, FP Markets comes out cheaper than Swissquote. FP Markets earns 5/5 stars and ranks #11 out of 63 brokers for Commissions and Fees, while Swissquote earns 3.5/5 stars and ranks #35. FP Markets’ low-cost, commission-based pricing suits active forex traders, whereas Swissquote’s pricing is higher than the industry average and varies by where your account is held.
Swissquote’s costs differ across its U.K., Luxembourg, and Swiss entities. In the U.K., the Elite account is the most cost-effective for active traders who deposit at least $10,000, pairing tighter spreads with a $5 charge per round-turn trade; the Professional account is similar. The Standard account starts at 1.3 pips on EUR/USD, and the Prime account shows a 0.6-pip minimum spread (a minimum, not an average). In Luxembourg, minimum deposits are $1,000 (Standard), $5,000 (Premium), and $50,000 (Prime), with minimum spreads from 1.5 to 0.8 pips. In Switzerland, forex clients see spreads from 1.7 pips (Standard, $1,000 deposit), 1.4 pips (Premium, $10,000), and 1.1 pips (Prime, $50,000), with custom, volume-based pricing available.
FP Markets keeps trading costs tight on MetaTrader and cTrader, especially with its commission-based Raw ECN account that averaged 0.1 pips on EUR/USD (about 0.8 pips all-in after a $6 per round-turn standard lot commission). Its Standard account averaged 1.1 pips, making it the pricier choice. For share CFDs, the Iress ViewPoint suite offers DMA-style pricing but adds platform and data fees unless you hold a Premier account or spend at least AUD 150 in monthly commissions; the Iress Investor account waives monthly fees but has leaner tools. FP Markets also earned Best in Class for Commissions and Fees in 2024, underscoring its strong value for cost-conscious traders.
| 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, forex news from top-tier outlets (such as Bloomberg, Reuters, or Dow Jones), an economic calendar, and Autochartist-powered technical analysis. Neither broker offers TipRanks or Acuity Trading tools. Each earns a 4 out of 5 Research rating; however, in ForexBrokers.com’s Research category, Swissquote ranks #15 out of 63 brokers, while FP Markets ranks #22.
The main differences come down to added tools: FP Markets includes Trading Central and a sentiment indicator that shows the ratio of long vs. short positions—features Swissquote does not provide. If you want Trading Central signals and real-time sentiment, FP Markets has the edge. If you prefer a higher-ranked research suite with similar core features and strong news coverage, Swissquote is the better fit.
| 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.
Both Swissquote and FP Markets are solid choices for beginners seeking forex and CFDs education. Each broker provides a sizable library of learning content—well over the 10-piece baseline—with articles, videos, and archived webinars focused on forex and CFDs. New traders will find at least 10 beginner-friendly videos at both brokers that explain trading basics, platform tips, charts, and risk management. They also host live educational webinars at least once a month, which is helpful if you prefer guided sessions and Q&A.
If you plan to grow your skills, both brokers also offer at least 10 advanced videos for experienced traders. In independent ratings, Swissquote and FP Markets each earn 4 out of 5 stars for Education from ForexBrokers.com. Swissquote is ranked slightly higher at #19 out of 63 brokers, while FP Markets sits at #22. That small edge aside, beginners will find comprehensive learning paths at either provider, with plenty of videos, articles, and recurring webinars to build confidence and know-how.
| 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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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 89 |
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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 | 89 | |
| 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 | 89 | |
| 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 SCA 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 | 89 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FP Markets Review |
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