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 |
If you’re shopping by price alone, FP Markets comes out ahead. It earns 5 out of 5 stars for Commissions and Fees and ranks #6 of 63 at ForexBrokers.com, thanks to very low spreads on its commission-based accounts. Swissquote costs more on average, reflecting the appeal of banking with a Swiss financial group. It holds 3.5 out of 5 stars and ranks #54 of 63 for Commissions and Fees.
Swissquote’s pricing varies by region. In the U.K., the Elite account (for active traders depositing at least $10,000) pairs lower spreads with a $5 commission per round-turn trade; the Professional account is similar but with a different stop-out level. The Standard account starts at 1.3 pips on EUR/USD, while Prime advertises minimum spreads from 0.6 pips (minimums, not averages). In Luxembourg, minimum spreads range from 1.5 pips (Standard; $1,000 minimum) to 0.8 pips (Prime; $50,000 minimum). In Switzerland, forex accounts start at 1.7 pips (Standard; $1,000 minimum), drop to 1.4 pips (Premium; $10,000), and 1.1 pips for Prime ($50,000). Custom pricing may be negotiated for high volumes.
FP Markets is priced aggressively on MetaTrader and cTrader. Its Raw ECN account averaged 0.1 pips on EUR/USD as of October 2023, coming to about 0.8 pips all-in after the $6 round-turn commission per standard lot; the Standard (spread-only) account averaged about 1.1 pips. For share CFDs on Iress, pricing uses Direct Market Access with full depth of book, but the ViewPoint tier can add platform and data fees unless you qualify for Premier or generate at least AUD 150 in monthly commissions. The lower-cost Iress Investor plan waives monthly fees but limits features like streaming data and charting.
| Feature |
Swissquote
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $1000 | $100 AUD |
| Average spread (EUR/USD) - Standard account | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.7 |
| 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.
Swissquote and FP Markets both support forex trading (CFD or spot) and offer copy trading. FP Markets lists about 10,000 tradeable symbols compared with Swissquote’s 472, which suits investors seeking a very wide CFD selection. For currency traders, Swissquote offers a bit more choice with 80 forex pairs versus 71 at FP Markets.
Swissquote stands out for access to real assets: you can buy exchange-traded U.S. and international shares, and it offers both actual cryptocurrencies and crypto CFDs. FP Markets does not offer exchange-traded U.S. or international shares and limits crypto to CFDs. In the Range of Investments category, ForexBrokers.com rates Swissquote 5 stars (ranked #2 of 63) and FP Markets 4.5 stars (ranked #19 of 63).
| 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 cover the essentials for modern traders. Each broker provides a free demo account for paper trading, an in-house (proprietary) platform, and support for Windows desktop downloads and web-based trading. You’ll also find copy trading plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5) at both brokers, along with the ability to place trades directly from price charts.
When it comes to platform quality, Swissquote earns 4.5 out of 5 stars and ranks #12 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, while FP Markets scores 4 stars and ranks #23. In short, both deliver wide platform choice and popular tools, with Swissquote holding a slight edge in third-party evaluations.
| 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 mobile trading apps for iPhone and Android, with stock and forex price alerts available on each. For charting, Swissquote includes 30 technical studies in its app, while FP Markets relies on the default indicators available in MetaTrader. Both apps let you draw trendlines and will auto-save your drawings. One notable limitation: neither broker supports watchlist syncing between the mobile app and your online account, so changes won’t carry over across devices.
In independent testing by ForexBrokers.com, Swissquote’s mobile trading app earned 4.5 out of 5 stars and ranked #12 out of 63 brokers, while FP Markets received 4 out of 5 stars and ranked #18. Traders who want a wider selection of built-in studies and a higher-rated app may lean toward Swissquote, whereas those who prefer the familiar MetaTrader experience may favor FP Markets.
| 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.
Both Swissquote and FP Markets excel in providing extensive market research tools and resources for traders looking to make informed decisions. Each broker offers daily market commentary and access to forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, ensuring that traders are well-versed in the latest financial news. They also both provide tools from the renowned company Autochartist, catering to those interested in technical and fundamental analysis. In terms of additional features, FP Markets has the edge with tools from Trading Central and a sentiment-based trading tool, offering insights into market dynamics through a ratio of long or short positions across currency pairs.
While neither broker provides market research from TipRanks or tools from Acuity Trading, both Swissquote and FP Markets include an economic calendar to help traders stay updated on global news events. In terms of research ratings, both are awarded an impressive 4 out of 5 stars, though their rankings slightly differ. Swissquote holds a higher position at #16 out of 63 brokers, while FP Markets is ranked at #25, according to ForexBrokers.com. This comparison highlights that while both brokers offer strong research capabilities, FP Markets provides a slight advantage in sentiment analysis tools, whereas Swissquote is more recognized by independent evaluations.
| 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.
For beginners, both Swissquote and FP Markets provide strong forex and CFD education libraries with well over 10 learning pieces, including articles, videos, and archived webinars. Each broker offers at least 10 beginner-focused videos that explain the basics in plain language, and both host live client webinars at least once a month—useful for asking questions and seeing strategies in action.
As you advance, both brokers also supply at least 10 videos for experienced traders. Their education quality scores are the same—4 out of 5 stars—though Swissquote holds a slight edge in the category rankings (#20 of 63) compared with FP Markets (#23 of 63). If you’re just starting out, you’ll find extensive beginner content at either broker, so your choice may come down to which presentation style you prefer.
| 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
|
FP Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 89 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Swissquote | FP Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 89 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FP Markets Review |
| Broker Screenshots | Swissquote | FP Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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 (SFC 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 | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.7 | |
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 89 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FP Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill