Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Questrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Swissquote and Questrade are well-known online brokers, but their profiles differ. Swissquote, founded in 1996, is publicly traded and operates as a bank. Questrade, founded in 2000, is privately held and is not a bank.
On regulation and trust, Swissquote holds 5 Tier-1 and 2 Tier-2 licenses and has a ForexBrokers.com Trust Score of 99, placing it in the “highly trusted” 90–99 range. Questrade holds 2 Tier-1 licenses and no Tier-2 licenses, with a Trust Score of 85, which ForexBrokers.com classifies as “trusted” (80–89).
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Year Founded | 1996 | 2000 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Looking strictly at commissions and fees, Swissquote and Questrade both land in the mid-pack. Each earns 3.5 out of 5 stars for pricing. In ForexBrokers.com’s Commissions and Fees category, Questrade ranks #33 of 63 brokers and Swissquote ranks #35 of 63. Questrade’s target spread of 1.9 pips on EUR/USD is on the high side versus the industry average, while Swissquote’s pricing varies meaningfully by entity and account type—and often reflects a small premium for banking with a major Swiss institution.
Swissquote’s costs differ across its U.K., Luxembourg, and Swiss entities. In the U.K., active traders who deposit at least $10,000 may prefer the Elite account, which pairs lower spreads with a $5 commission per round-turn trade; the Professional account is similar but uses a lower stop-out level. The Standard account starts at 1.3 pips on EUR/USD, while the Prime account advertises minimum spreads from 0.6 pips (note: minimums are not averages). In Luxembourg, minimum deposits are $1,000 (Standard), $5,000 (Premium), and $50,000 (Prime), with minimum spreads from 1.5 pips down to 0.8 pips. In Switzerland, FX clients see about 1.7 pips (Standard, $1,000 minimum), 1.4 pips (Premium, $10,000), and 1.1 pips (Prime, $50,000), with custom, volume-based pricing available on request; the eTrading account doesn’t support forex or CFDs.
Compared directly, Questrade’s 1.9-pip EUR/USD target spread will generally cost more than Swissquote’s best-case minimums at its U.K. entity, though real-world averages can differ. If you trade frequently and can meet higher deposit thresholds, Swissquote U.K.’s Elite setup can be sharper on price thanks to its commission-plus-tighter-spread model. If you prefer a simple, spread-only approach and don’t mind paying a bit more per trade, Questrade is straightforward but pricier. Ratings and ranks: Questrade 3.5/5 stars, #33/63; Swissquote 3.5/5 stars, #35/63.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Minimum Deposit | $1000 | $250 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote and Questrade both earn 5 stars for range of investments, but they differ in what you can trade. Each offers forex trading as a CFD or spot contract and lets you buy exchange-traded securities on U.S. and international markets (think Apple on NASDAQ and Vodafone in London). Questrade lists more total tradeable symbols (641 vs. Swissquote’s 472) and more forex pairs (110 vs. 80), giving frequent traders a wider symbol lineup. Even so, Swissquote ranks higher for range of investments on ForexBrokers.com (#2 of 63) compared with Questrade (#12 of 63).
Where Swissquote pulls ahead is in features and asset types. It supports copy trading, which Questrade does not. For crypto, Swissquote lets you buy actual cryptocurrency as well as trade crypto via CFDs, while Questrade limits you to crypto CFDs only. If you want the largest symbol count and more forex pairs, Questrade fits the bill; if you want copy trading and the option to own real crypto alongside CFDs, Swissquote is the better match.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 641 |
| Forex Pairs (Total) | 80 | 110 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Swissquote vs Questrade: both brokers deliver well-rounded trading platforms and tools. Each offers a free virtual demo (paper trading) account, an in-house proprietary platform, a Windows-based desktop download, and a web-based (browser) platform. You can also trade directly from charts with both, making it easy to spot a setup and place an order without leaving the chart.
Key differences: Swissquote supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Questrade does not support copy trading or MetaTrader. According to ForexBrokers.com, Swissquote earns 4.5 out of 5 stars and ranks #12 of 63 for Trading Platforms and Tools, compared with Questrade at 4 stars and #28. If you want MetaTrader or copy trading, Swissquote is the better fit; if you just need dependable web and desktop trading with a demo account, Questrade also meets the mark.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 86 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and Questrade both offer full-featured mobile trading apps for iPhone and Android. You can set stock and forex price alerts on both platforms, draw trendlines on charts, and your chart drawings auto-save. For technical analysis, Questrade supplies more built‑in studies (64) compared with Swissquote (30), which may appeal if you rely on a wider range of indicators.
One key difference is watchlist syncing: Questrade syncs watchlists between the mobile app and your online account, while Swissquote does not. In overall app quality, Swissquote earns 4.5/5 stars and ranks #12 out of 63 brokers on ForexBrokers.com, whereas Questrade scores 4/5 stars and ranks #28. Choose Questrade if synced watchlists and more indicators matter most; pick Swissquote if you prefer a higher-rated mobile experience overall.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Swissquote vs Questrade, Swissquote takes the lead with a 4.5-star research rating and a #15 rank out of 63 brokers on ForexBrokers.com, while Questrade sits at 3.5 stars and #34. Swissquote delivers daily market commentary, an economic calendar, Autochartist tools, and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Questrade matches Autochartist and also adds Trading Central and TipRanks, but it does not offer daily commentary; availability of comparable top-tier forex news is not specified. Neither broker includes sentiment tools or Acuity Trading (Signal Centre).
Choose Swissquote if you want frequent market commentary and premium forex news to stay on top of macro moves. Pick Questrade if you value Trading Central and TipRanks for deeper trade ideas and stock research. Both brokers provide an economic calendar and Autochartist, but neither offers sentiment-based trading data, which may matter if you track crowd positioning.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education from Swissquote and Questrade, Swissquote has the edge. It hosts client webinars at least once a month, which can help new traders learn in real time and ask questions. Both brokers offer at least 10 beginner-focused trading videos, so you’ll find a solid starting library at either. As your skills grow, Swissquote continues to help with 10+ advanced videos for experienced traders, while Questrade does not meet that advanced-video threshold.
These strengths show up in the scores: Swissquote earns 4.5/5 stars for Education and ranks #19 out of 63 brokers on ForexBrokers.com, while Questrade earns 3.5/5 stars and ranks #28. Note: this summary doesn’t confirm whether either broker meets a 10-piece minimum specifically for forex or CFDs education; the details provided here focus on webinars, beginner and advanced video counts, and overall education ratings.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| 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 Questrade. Swissquote finished with an overall rank of #11, while Questrade finished with an overall rank of #29.
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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Questrade
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| Trust Score | 99 | 85 |
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In the Swissquote vs Questrade comparison, Swissquote lets investors buy both actual delivered cryptocurrencies and cryptocurrency CFDs, whereas Questrade limits cryptocurrency trading to CFDs only.
In a head-to-head comparison of deposit and withdrawal methods, online broker Swissquote supports ACH/SEPA, PayPal, Skrill, and bank wire transfers, while Questrade offers only bank wires and does not support ACH/SEPA, PayPal, or Skrill.
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 | Questrade | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Questrade Review |
| Broker Screenshots | Swissquote | Questrade | |
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| Regulation | Swissquote | Questrade | |
|---|---|---|---|
| Trust Score | 99 | 85 | |
| Year Founded | 1996 | 2000 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Swissquote | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| 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) | No |
| Investments | Swissquote | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 641 | |
| Forex Pairs (Total) | 80 | 110 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| 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). |
| Cost | Swissquote | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | Swissquote | Questrade | |
|---|---|---|---|
| Minimum Deposit | $1000 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Swissquote | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Swissquote | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 86 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Swissquote | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Swissquote | Questrade | |
|---|---|---|---|
| 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 | Questrade Review |
| Overall | Swissquote | Questrade | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Questrade Review |
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