Swissquote vs FXPrimus 2023

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, FXPrimus offers better pricing overall for traders.

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Swissquote holds 5 global Tier-1 licenses, while FXPrimus holds 1. Swissquote holds 1 global Tier-2 licenses, while FXPrimus holds 0. In our analysis of 23 international regulators across 50 brokers, Swissquote (99) earned a higher Trust Score than FXPrimus (71).

To compare the trading platforms of both Swissquote and FXPrimus, 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.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Swissquote and FXPrimus offer MetaTrader 4 (MT4).Swissquote and FXPrimus both offer copy trading.

Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to FXPrimus's 42 available pairs. Forex pairs aside, Swissquote offers traders access to 472 CFDs while FXPrimus has 140 available CFDs, a difference of 332.

Swissquote is a publicly traded company, operates a regulated bank, and is authorised by five tier-1 regulators (Highly Trusted), one tier-2 regulator (Trusted), zero tier-3 regulators (Average Risk), and zero tier-4 regulators (High Risk). Swissquote is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Monetary Authority of Sinagpore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), and the European Union Authorized (MiFID).

FXPrimus is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). FXPrimus is regulated by the following Tier-1 regulator: European Union via MiFID

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.

FX Primus is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside besides it's lack of additional top-tier licenses, is that FX Primus only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.