Written by ForexBrokers.com
In this head to head comparison of Swissquote vs FxPro, 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, established in 1996 and publicly traded, stands out as a highly trusted online broker with an impeccable Trust Score of 99 out of 99, as rated by ForexBrokers.com. It holds an impressive five Tier-1 licenses, demonstrating a strong level of regulatory compliance and confidence. Being a bank, Swissquote further solidifies its position as a reputable and safe choice for online trading. In addition to these, Swissquote also holds two Tier-2 licenses, adding more layers of regulatory assurance for its clients.
FxPro, founded in 2006, although not publicly listed, still presents itself as a reliable option with a strong Trust Score of 93. As a recognized bank, FxPro possesses two Tier-1 licenses and one Tier-2 license, confirming its trusted status in the financial sector. While slightly fewer than Swissquote, these licenses reflect a commitment to regulatory standards, making FxPro a trusted choice for traders who value security and credibility.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Year Founded | 1996 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | Yes |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing Swissquote and FxPro in terms of commissions and fees, each broker offers unique pricing structures that cater to different types of traders. Swissquote, a Swiss banking powerhouse, tends to have higher trading costs that don’t match the competitive pricing of leading low-cost forex brokers. The UK's Swissquote Ltd offers lower costs and lighter deposit requirements than Swissquote Bank Ltd in Switzerland and Swissquote Bank Europe SA in Luxembourg. Notably, Swissquote's U.K. Elite account offers attractive trading conditions with lower spreads, given a $10,000 deposit. However, its Standard account is less appealing due to starting spreads of 1.3 pips on the EUR/USD.
In contrast, FxPro presents a pricing model that is slightly above the industry average but still finds ways to be competitive, especially through its cTrader platform. FxPro’s cTrader offers commission-based pricing with attractive spreads for active traders. On the EUR/USD pair, the effective spread averages 1.27 pips, considering both spread and commission costs. FxPro also provides flexible execution methods on its popular MT4 and MT5 platforms, with variable spreads and options for instant or market execution. However, FxPro lacks a fixed-spread option on MT5, with all execution being carried out at market rates.
When rated in terms of commissions and fees, Swissquote scores 3.5 stars, ranking 53rd out of 63 brokers according to ForexBrokers.com. On the other hand, FxPro receives a slightly higher rating of 4 stars, placing it at 32nd in the same category. Each broker offers distinct advantages that appeal to different trading preferences—Swissquote for those valuing Swiss financial security at a premium and FxPro for traders looking for flexible pricing on advanced trading platforms.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Minimum Deposit | $1000 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.51 |
| All-in Cost EUR/USD - Active | N/A | 1.27 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Swissquote and FxPro for their range of investments, both brokers offer forex trading as either a CFD or spot contract, but the overall diversity varies significantly. Swissquote provides a selection of 472 tradeable symbols, whereas FxPro offers a broader array with 2249 symbols. Meanwhile, Swissquote takes the lead in forex pairs with 80 available, compared to FxPro's 70 pairs. Importantly, Swissquote allows access to exchange-traded securities on both U.S. and international exchanges, enabling clients to purchase stocks like Apple and Vodafone directly. FxPro, however, only allows trading in international exchange securities, missing out on U.S. equity markets entirely. Both platforms support copy trading, offering potential for users to follow and replicate successful trades.
Cryptocurrency investors will find Swissquote more appealing if they are looking to buy actual cryptocurrencies since it provides the chance to purchase physical coins, unlike FxPro, which only offers cryptocurrency derivatives. Swissquote also offers the ability to trade cryptocurrency derivatives. These differences earn Swissquote a higher rating of 5 stars out of 5 for its range of investments, compared to FxPro's 4-star rating. Further solidifying its standing, Swissquote is ranked #2 out of 63 brokers in this category by ForexBrokers.com, while FxPro holds the 28th position. Overall, Swissquote’s comprehensive range of investment options offers a more diverse trading experience for users.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 2249 |
| Forex Pairs (Total) | 80 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | 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.
Both Swissquote and FxPro offer rich trading platforms and tools, making them attractive options for traders. Users can access simulated trading with free virtual demo accounts on both platforms. Each broker has developed an in-house proprietary platform that enhances their offerings. For those preferring desktop solutions, Swissquote and FxPro provide Windows-based downloadable platforms, while also offering web-based platforms to trade directly from a browser. Users of both brokers can take advantage of the popular MetaTrader 4 and MetaTrader 5 platforms, though DupliTrade and ZuluTrade are not available with either broker. Moreover, traders can engage in copy trading on each platform, catering to a diverse set of trading needs.
Swissquote and FxPro enable trading directly from stock charts, a feature appreciated by active traders. When it comes to charting, Swissquote excels with 75 drawing tools compared to FxPro's 25, offering more versatility in technical analysis. Watch list customization also sees a difference, with Swissquote providing 11 columns versus FxPro's 6, allowing for more extensive tracking options. Overall, Swissquote receives a slightly higher rating of 4.5 stars for trading platforms and tools, compared to FxPro's 4 stars. In rankings, ForexBrokers.com places Swissquote at 12th out of 63 for trading platforms and tools, with FxPro following at 17th, highlighting Swissquote's edge in this comparison.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 53 |
| Charting - Drawing Tools (Total) | 75 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and FxPro provide comprehensive mobile trading apps for both iPhone and Android users, enriched with useful features suitable for traders of all levels. They offer the convenience of stock and forex price alerts which help traders stay updated with the market trends. Both platforms support drawing trendlines on charts and viewing multiple time frames like daily, weekly, or intraday, while also ensuring that any drawings made are automatically saved, making it seamless to track analysis over time.
When it comes to charting features, Swissquote provides 30 technical studies within its app, whereas FxPro offers a larger selection of 65. A noticeable difference is in their watchlist capabilities; FxPro enables watchlist symbol syncing between the mobile app and the online account, while Swissquote does not offer this synchronization feature. Despite this, both apps allow users to create watchlists with real-time quotes. In terms of user satisfaction, both apps are highly rated at 4.5 stars. However, Swissquote is ranked slightly higher at #12 compared to FxPro's #15 by ForexBrokers.com, suggesting a minor edge in user preferences for Swissquote’s mobile trading experience.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote and FxPro are both strong contenders in providing daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. When diving into the details, Swissquote stands out with its integration of Autochartist tools, offering users advanced technical analysis options that FxPro lacks. Conversely, FxPro compensates with its Trading Central tools, giving traders access to valuable technical analytics not available with Swissquote. Moreover, FxPro provides a sentiment-based trading tool, showing the ratio of long and short positions, a feature that Swissquote does not offer.
Despite these differences, both brokers offer comprehensive economic calendars to keep traders informed of global news events. Their research ratings are evenly matched, with both Swissquote and FxPro earning four out of five stars. However, Swissquote edges ahead in rankings, placed at 16th among 63 brokers according to ForexBrokers.com, while FxPro ranks 26th in the Research category. In conclusion, both platforms provide solid market research resources, but your choice may depend on particular features like sentiment analysis or charting tools that suit your trading style.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Swissquote and FxPro offer a solid foundation with a variety of materials to get you started on your trading journey. Each platform provides a minimum of 10 educational pieces focusing on forex or CFDs, including articles, videos, and archived webinars. Both platforms also offer a set of 10 beginner-targeted educational videos covering essential trading topics designed to help newcomers understand the basics. Additionally, you can access an investor dictionary with over 50 terms, which is available with both Swissquote and FxPro, ensuring that you have the resources you need to grasp key concepts as you learn.
Despite their similarities, Swissquote sets itself apart by offering monthly online educational webinars, while FxPro does not provide these live learning sessions. However, both platforms maintain searchable archives of their recorded webinars, allowing you to learn at your own pace. For those seeking advanced educational content, Swissquote excels with over 10 advanced videos for experienced traders, compared to none from FxPro. Although both Swissquote and FxPro receive a four-star rating for education, FxPro is ranked slightly higher at #18 compared to Swissquote's #21 by ForexBrokers.com, reflecting a slightly stronger educational offering for beginners.
| Feature |
Swissquote
|
FxPro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 FxPro. Swissquote finished with an overall rank of #11, while FxPro finished with an overall rank of #21.
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
|
FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 93 |
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Swissquote allows investors to buy actual delivered cryptocurrency as well as cryptocurrency derivatives, whereas FxPro provides the option to purchase only cryptocurrency derivatives without offering the actual delivered cryptocurrency.
Both Swissquote and FxPro provide a variety of deposit and withdrawal options including ACH/SEPA transfers, PayPal, Skrill, Visa/Mastercard, and bank wires, ensuring flexibility and convenience for their online trading clients.
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 | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FxPro Review |
| Broker Screenshots | Swissquote | FxPro | |
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| Regulation | Swissquote | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 93 | |
| Year Founded | 1996 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| 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 | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 2249 | |
| Forex Pairs (Total) | 80 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | FxPro | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.51 | |
| All-in Cost EUR/USD - Active | N/A | 1.27 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | FxPro | |
|---|---|---|---|
| Minimum Deposit | $1000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Swissquote | FxPro | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 6 | |
| Charting - Indicators / Studies (Total) | 86 | 53 | |
| Charting - Drawing Tools (Total) | 75 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | FxPro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | FxPro | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review | FxPro Review |
| Overall | Swissquote | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | Swissquote Review | FxPro Review |
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