Written by ForexBrokers.com
In this head to head comparison of Swissquote vs IronFX, 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.
Founded in 1996, Swissquote stands out as a well-established and trusted name in the online brokerage world. As a publicly traded company that operates as a bank, Swissquote commands a high level of trust with a perfect ForexBrokers.com Trust Score of 99 out of 99. It is backed by five highly trusted Tier-1 licenses and two trusted Tier-2 licenses, reinforcing its strong regulatory standing in the financial sector.
In contrast, IronFX was founded in 2010 and does not share the same level of regulatory stature. It is not a publicly traded company nor a bank, and holds three highly trusted Tier-1 licenses with no Tier-2 licenses. IronFX has a ForexBrokers.com Trust Score of 83 out of 99, categorizing it as a trusted broker but suggesting a higher risk profile compared to Swissquote. While both brokers offer online trading platforms, Swissquote's banking status and impeccable trust rating make it a more appealing choice for those prioritizing regulatory oversight.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Year Founded | 1996 | 2010 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 3 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to commissions and fees, IronFX edges out Swissquote in our ratings: IronFX earns 4.0/5 stars and ranks #47 of 63, while Swissquote holds 3.5/5 stars and ranks #54 of 63. Actual costs depend on your account type, trading volume, and—at Swissquote—the entity where you open your account.
Swissquote tends to price in a small premium for the brand appeal of a Swiss banking group, so it’s not among the cheapest brokers. Its U.K. entity generally offers the lowest costs and lighter deposit requirements (with a narrower product lineup). U.K. accounts include: Elite for active traders ($10,000+ deposit; lower spreads plus a $5 per round-turn commission), Professional (similar pricing to Elite, different margin rules), Standard (EUR/USD from 1.3 pips), and Prime (from 0.6 pips—this is a minimum, not an average). In Luxembourg, minimum spreads run from 0.8 pips (Prime, $50,000) to 1.5 pips (Standard, $1,000), with Premium at $5,000. In Switzerland, spreads start at 1.7 pips (Standard, $1,000), 1.4 pips (Premium, $10,000), and 1.1 pips (Prime, $50,000), with custom, volume-based discounts available on request.
IronFX’s pricing has room to improve, as spreads have appeared higher than industry averages. The broker lists a typical EUR/USD spread of 1.8 pips on its Standard variable account (no date range provided). Its Zero Fixed Spread account can display 0.0-pip quotes but adds an $18 per lot commission, and spreads widen to 3 pips overnight. In practice, Swissquote U.K.’s Standard account (from 1.3 pips) can undercut IronFX’s typical Standard spread, while their commission models differ: Swissquote Elite pairs tighter spreads with a $5 round-turn, whereas IronFX’s fixed-spread plan trades a higher per-lot commission for periods of zero spread.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Minimum Deposit | $1000 | $50 |
| Average spread (EUR/USD) - Standard account | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote vs IronFX: both support forex trading as CFDs and spot contracts, but their range of investments differs. Swissquote lists 472 tradable symbols versus 340 at IronFX. IronFX offers slightly more forex pairs (83 vs 80), yet Swissquote stands out for stock access—clients can buy exchange-traded securities on U.S. and international exchanges (for example, Apple on NASDAQ or Vodafone in London), while IronFX does not. Both brokers provide copy trading.
Crypto access is another divider. Swissquote lets you buy actual cryptocurrencies and trade crypto CFDs; IronFX offers only crypto CFDs. Reflecting this broader lineup, Swissquote earns 5 stars for Range of Investments and ranks #2 out of 63 brokers at ForexBrokers.com, while IronFX holds 3.5 stars and ranks #52. Choose Swissquote if you want multi-asset investing with real stocks and crypto; consider IronFX if your focus is mainly forex and CFD trading.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 340 |
| Forex Pairs (Total) | 80 | 83 |
| 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 vs. IronFX: For trading platforms and tools, both brokers offer free virtual demo (paper) accounts, Windows desktop and web-based platforms, copy trading, MetaTrader 4 (MT4), and the ability to trade directly from charts. The key differences are platform variety and support for newer software. Swissquote provides a proprietary (in-house) platform and also supports MetaTrader 5 (MT5). IronFX does not have a proprietary platform and does not support MT5.
These differences show up in independent ratings. Swissquote is rated 4.5/5 stars and ranks #12 out of 63 brokers for Trading Platforms and Tools at ForexBrokers.com, while IronFX holds 3.5/5 stars and ranks #62 out of 63. Choose Swissquote if you want more platform choice, including MT5 and an in-house option. Pick IronFX if MT4 with desktop and web access, copy trading, and a demo account meet your needs.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and IronFX both deliver mobile trading apps for iPhone and Android, covering core needs like stock and forex price alerts. Each app includes 30 technical studies (indicators) for charting, plus drawing tools such as trendlines, and your annotations auto-save. One drawback for both: watchlists created in the mobile app don’t sync with the online account, so changes don’t carry over between devices.
In overall quality, Swissquote comes out ahead. ForexBrokers.com rates Swissquote’s mobile app 4.5 out of 5 stars and ranks it #12 out of 63 brokers for Mobile Trading Apps, while IronFX earns 3.5 stars and ranks #63. If you want a more refined mobile trading experience with stronger ratings, Swissquote is the better pick, while IronFX still covers the basics for on-the-go trading.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote and IronFX both deliver daily market commentary, real-time forex news from top-tier sources like Bloomberg or Reuters, and an easy-to-use economic calendar. The standout difference is in their research tools: Swissquote includes Autochartist for pattern and signal spotting, while IronFX offers Trading Central analysis. Neither broker provides a sentiment tool that shows the ratio of long vs short positions. Swissquote does not include TipRanks or Acuity Trading tools; IronFX’s availability for those services is not specified.
Both brokers earn 4 stars for Research. However, in ForexBrokers.com’s rankings out of 63 brokers, Swissquote places higher at #16, while IronFX comes in at #29. In short, choose Swissquote if you want Autochartist-backed insights, or go with IronFX if you prefer Trading Central’s research, knowing that both cover day-to-day news and market updates well.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Swissquote and IronFX both give beginners a strong start with at least 10 starter videos that explain trading basics, including forex and CFDs. Swissquote stands out by adding depth: it also offers 10+ advanced videos for when you’re ready to level up, and it hosts client webinars every month for live learning and Q&A. IronFX does not run monthly webinars and doesn’t meet the same threshold for advanced videos, so its program is more focused on entry-level lessons.
Both brokers earn 4 stars for Education, but Swissquote ranks higher overall (#20 of 63) than IronFX (#44 of 63) on ForexBrokers.com. If you want a clear path from beginner to more advanced topics plus ongoing webinars, Swissquote is the better fit. If you mainly need a basic video library to learn the essentials, IronFX can do the job.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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 IronFX. Swissquote finished with an overall rank of #11, while IronFX finished with an overall rank of #48.
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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IronFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 83 |
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In the Swissquote vs IronFX comparison, Swissquote lets you buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, while IronFX offers only cryptocurrency CFDs and does not provide access to real (delivered) coins.
Swissquote vs IronFX: Swissquote offers ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals, while IronFX does not support ACH/SEPA and its support for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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 | IronFX | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | IronFX | |
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| Broker Gallery (click to expand) |
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| Regulation | Swissquote | IronFX | |
|---|---|---|---|
| Trust Score | 99 | 83 | |
| Year Founded | 1996 | 2010 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 3 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | IronFX | |
|---|---|---|---|
| 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 | 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 | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Swissquote | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 340 | |
| Forex Pairs (Total) | 80 | 83 | |
| 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 | IronFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Swissquote | IronFX | |
|---|---|---|---|
| Minimum Deposit | $1000 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Swissquote | IronFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Swissquote | IronFX | |
|---|---|---|---|
| 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 | IronFX | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Swissquote | IronFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | IronFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Swissquote | IronFX | |
|---|---|---|---|
| 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 |
| Overall | Swissquote | IronFX | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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