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 the commissions and fees between Swissquote and FxPro, Swissquote operates at a slight premium due to its Swiss banking lineage, which can make it less competitive against more cost-effective forex brokers. In particular, Swissquote's U.K. accounts provide a more economical option with lower costs and lesser deposit requirements compared to its Switzerland and Luxembourg entities. Swissquote U.K. offers four account types, with the Elite account providing lower spreads and a $5 commission per round-turn trade for active traders who deposit at least $10,000. However, other accounts, like the Standard and Prime, have varying minimum spread requirements that may not always meet traders' needs for competitive pricing. Overall, Swissquote receives a 3.5 out of 5-star rating and ranks #52 out of 62 brokers for its commissions and fees.
Conversely, FxPro's overall pricing is higher than the industry average, yet it provides multiple platforms with various execution methods that offer both flexibility and choice. Their most competitive spreads are accessible through the cTrader platform, leveraging commission-based pricing with an effective spread of approximately 1.27 pips for the EUR/USD pair. While the MT4 and MT5 platforms feature floating spreads, the cTrader platform generally provides better spreads for traders. FxPro also offers an Active Trader program for those using its Elite account, which provides up to 30% in discounts, though it still trails behind leading competitors. With a 4 out of 5-star rating, FxPro is ranked #32 out of 62 brokers, reflecting a more favorable positioning for commissions and fees compared to Swissquote.
In summary, while Swissquote offers the allure of Swiss banking alongside diverse account options dependent on the region, its cost structure makes it less attractive for traders prioritizing low fees. FxPro, despite higher-than-average prices, offers competitive options on its cTrader platform and an appealing discount program for active traders, positioning it better in the eyes of ForexBrokers.com. The choice between Swissquote and FxPro primarily hinges on the trade-off between Swissquote’s banking prestige and FxPro’s varied execution offerings and discount benefits.
| 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.
Swissquote and FxPro both offer forex trading, allowing users to engage through CFDs or spot contracts. However, when comparing the range of tradeable symbols, FxPro leads with 2,249 options, surpassing Swissquote's 472 symbols. On the other hand, Swissquote provides a slightly better selection of forex pairs, with 80 available compared to FxPro's 70. A significant distinction arises in access to exchange-traded securities; Swissquote enables clients to purchase direct shares on U.S. exchanges like Apple, while FxPro does not offer this option.
Both Swissquote and FxPro support copy trading and allow trading in cryptocurrency derivatives. Yet, only Swissquote provides the ability to buy actual cryptocurrencies, offering more options for crypto enthusiasts. This flexibility is reflected in their ratings, as Swissquote has earned a perfect 5-star rating for its range of investments, while FxPro holds a 4-star rating. Rankings by ForexBrokers.com place Swissquote at a commendable #2 out of 62 brokers for investment variety, with FxPro positioned at #28, demonstrating Swissquote's broader portfolio options.
| 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.
When it comes to comparing the trading platforms and tools of Swissquote and FxPro, both brokers offer a range of features designed to cater to different trading needs. Both Swissquote and FxPro provide simulated trading through free virtual demo accounts, allowing traders to practice without financial risk. Each broker has developed their own proprietary platforms and offers popular choices such as MetaTrader 4 and MetaTrader 5. Additionally, both brokers provide web-based and Windows-based desktop trading platforms, ensuring flexibility across devices. They also support copy trading but do not offer DupliTrade or ZuluTrade for social trading.
In the area of charting tools, Swissquote has an upper hand, offering 75 drawing tools compared to FxPro's 25. Furthermore, Swissquote allows for more extensive customization in watch lists with 11 fields, surpassing FxPro, which offers 6. Both brokers facilitate trading directly from stock charts, providing a more integrated trading experience. According to ForexBrokers.com, Swissquote is ranked 12th, receiving a rating of 4.5 stars for its trading platforms and tools, whereas FxPro is ranked 17th with a 4-star rating. These nuances highlight Swissquote's slight edge in platform features and overall user experience.
| 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 offer comprehensive mobile trading experiences compatible with iPhone and Android devices. Each app provides essential features such as stock and forex price alerts, real-time quote watchlists, and the ability to draw trendlines and view multiple time frames on charts. Swissquote's app supports up to 30 technical studies for charting, whereas FxPro ramps it up with 65, offering a wider range of analytical tools for traders. While both apps ensure that your chart drawings are auto-saved, FxPro takes a step further by offering watchlist symbol syncing, allowing seamless integration between mobile and online account lists—a feature that Swissquote does not currently support.
Both brokers are highly rated at 4.5 stars for their mobile trading applications, showing a strong user trust and satisfaction. However, when considering their ranking among 62 brokers as assessed by ForexBrokers.com, Swissquote holds a higher position at #11 compared to FxPro's #15. This may indicate a slight edge in overall mobile trading experience. Whether you choose Swissquote or FxPro, each app provides a solid set of tools for on-the-go trading, yet your choice may depend on whether you value more extensive charting options or seamless device synchronization in your trading routine.
| 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.
Both Swissquote and FxPro provide excellent market research resources, including daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. Swissquote offers technical analysis tools from Autochartist, which FxPro does not. However, FxPro stands out with its use of Trading Central for technical analytics and a sentiment-based trading tool that provides insight into long and short positions across various instruments. Both brokers supply traders with an economic calendar to monitor important global news events, making them equally equipped in this regard.
When it comes to overall research ratings, Swissquote and FxPro each hold a solid four-star ranking, showcasing their strengths in this arena. However, according to ForexBrokers.com, Swissquote holds a higher rank at #16 compared to FxPro’s #26 out of 62 brokers evaluated for research capabilities. While Swissquote excels with Autochartist tools, FxPro balances the scale with sentiment indicators, leaving investors with diverse options depending on their trading needs and preferences.
| 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 comparing Swissquote and FxPro's educational resources for beginners, both brokers provide at least 10 pieces of content covering forex and CFDs, ensuring that newcomers have access to foundational knowledge. Both also offer a wealth of beginner videos, making it easier for new traders to understand the basics of trading. However, Swissquote distinguishes itself by offering monthly online educational webinars and a searchable archive of previously recorded sessions. In contrast, FxPro lacks a monthly live webinar series but compensates with an extensive archive of recorded content.
For more advanced traders, Swissquote offers a richer library of advanced videos compared to FxPro, which focuses predominantly on beginner content. Both brokers include an investor dictionary with over 50 trading terms, providing valuable reference material for clients. Although both are rated 4 out of 5 stars for education by ForexBrokers.com, Swissquote is ranked #21, while FxPro is positioned slightly higher at #18. This makes each platform an appealing choice for beginners, summarizing their educational offerings as comprehensive, with Swissquote offering additional live learning opportunities.
| 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 62 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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