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 | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Swissquote vs IronFX for range of investments: both brokers support forex trading as CFDs and spot contracts. Swissquote lists 472 tradeable symbols and 80 forex pairs, while IronFX offers 340 symbols and slightly more forex pairs at 83. In independent ratings, Swissquote earns 5 stars and ranks #2 of 63 brokers for range of investments on ForexBrokers.com, whereas IronFX is rated 3.5 stars and ranks #52.
Asset access is where the difference really shows. Swissquote lets clients buy real exchange-traded stocks on both U.S. and international exchanges, while IronFX does not offer real stock trading. Both provide copy trading. For crypto, Swissquote supports buying actual coins as well as crypto derivatives; IronFX limits crypto to derivatives only. In short, Swissquote suits investors who want wider product access, while IronFX is geared more toward forex and CFD-focused traders.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 340 |
| Forex Pairs (Total) | 80 | 83 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
Swissquote vs IronFX for trading platforms and tools: both brokers provide free demo (paper) accounts, web and Windows desktop platforms, and copy trading. Each supports MetaTrader 4 (MT4), while only Swissquote adds MetaTrader 5 (MT5) and also offers its own in-house platform, which IronFX does not. Both let you place trades directly from charts, and neither integrates DupliTrade or ZuluTrade.
For charting and workspace features, indicator counts weren’t specified, but Swissquote supplies many more drawing tools (75 vs 15) and more watchlist fields (11 vs 7). That advantage shows in independent ratings: Swissquote scores 4.5/5 stars and ranks 12th out of 63 brokers for Trading Platforms and Tools at ForexBrokers.com, while IronFX earns 3.5/5 stars and ranks 62nd. If MT5 access, richer chart markup, and a proprietary platform matter to you, Swissquote has the edge; if you just need MT4 with web and desktop access plus copy trading, IronFX covers the basics.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and IronFX both deliver full-featured mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, real-time quote watchlists, 30 technical studies for charting, trendline drawing, multiple time frames (intraday to weekly), and auto-saved chart annotations. One limitation they share is the lack of watchlist symbol syncing with your online account, so changes on mobile won’t automatically mirror on desktop or web.
Where they differ is quality scores. According to ForexBrokers.com, Swissquote earns 4.5 out of 5 stars for mobile trading and ranks #12 out of 63 brokers, while IronFX scores 3.5 out of 5 stars and ranks #63 out of 63. If app experience and polish matter most, Swissquote has the stronger track record; if you just need core mobile trading tools for stocks and forex, both platforms can get the job done.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| 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 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Swissquote and IronFX both check the basics for beginner education in forex and CFDs: each offers at least 10 educational pieces, a sizable library of beginner videos, and an investor dictionary with 50+ terms. Both brokers also provide a searchable archive of recorded webinars, making it easy to learn on your own schedule. Where they differ is live instruction and depth. Swissquote hosts ongoing client webinars at least monthly and adds a full set of advanced videos for when you’re ready to level up. IronFX does not run monthly educational webinars and lacks a comparable volume of advanced videos, though its beginner resources are still plentiful.
If live classes and a clear path from novice to advanced topics matter to you, Swissquote has the edge. That shows up in third‑party comparisons too: both brokers earn 4 stars for Education, but Swissquote ranks #20 out of 63 at ForexBrokers.com, while IronFX sits at #44. If you mainly want on‑demand beginner content and a handy glossary, IronFX can do the job; for ongoing live learning plus deeper material as you grow, Swissquote is the stronger pick.
| Feature |
Swissquote
|
IronFX
|
|---|---|---|
| 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 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
|
IronFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 83 |
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Swissquote allows you to purchase actual delivered cryptocurrency as well as cryptocurrency derivatives, whereas IronFX only provides the option to trade in cryptocurrency derivatives without holding the actual digital currency.
When comparing online brokers Swissquote and IronFX, Swissquote offers more diverse funding options, including ACH or SEPA transfers and PayPal, which are not available with IronFX, while both provide the ability to use Skrill, Visa or Mastercard, and bank wires for depositing or withdrawing funds.
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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| 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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | IronFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | IronFX | |
|---|---|---|---|
| Minimum Deposit | $1000 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | IronFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | IronFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| 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 | IronFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | IronFX | |
|---|---|---|---|
| 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 | IronFX | |
|---|---|---|---|
| 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 |
| Overall | Swissquote | IronFX | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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