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.
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 vs Questrade: Swissquote, founded in 1996, is a publicly traded bank; Questrade, founded in 2000, is privately held and not a bank. According to ForexBrokers.com, Swissquote has a Trust Score of 99/99 (highly trusted), while Questrade scores 85/99 (trusted) on a scale where 90–99 is highly trusted and 80–89 is trusted.
Regulation and licensing: Swissquote holds 5 Tier-1 licenses (considered highly trusted) and 2 Tier-2 licenses (trusted), indicating a broader regulatory footprint. Questrade holds 1 Tier-1 license and no Tier-2 licenses. Swissquote’s status as a listed bank may offer added transparency and oversight, while Questrade’s private, non-bank setup reflects a simpler regulatory profile.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Year Founded | 1996 | 2000 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Swissquote vs. Questrade on commissions and fees: Swissquote’s pricing varies by location and tends to be higher than ultra-low-cost forex brokers, while Questrade uses a spread-only model that bakes trading costs into the price you see. Questrade says spreads can be as low as 0.8 pips, but typical averages on major pairs often run closer to 2.1–2.5 pips (about $20 per standard lot at 2 pips). Swissquote’s costs depend on the entity and account type, with lower spreads available for larger deposits or commission-based plans.
At Swissquote U.K., four accounts are offered. The Elite account suits active traders who can deposit at least $10,000; it pairs tighter spreads with a $5 commission per round turn. The Professional account is similar but with a lower stop-out threshold. The Standard account starts from 1.3 pips on EUR/USD, while Prime advertises minimum spreads from 0.6 pips (note: minimums, not averages). Swissquote Luxembourg mirrors this setup with three tiers—Standard ($1,000 min; from 1.5 pips), Premium ($5,000), and Prime ($50,000; from 0.8 pips). In Switzerland, forex clients have Standard ($1,000; from 1.7 pips), Premium ($10,000; from 1.4 pips), and Prime ($50,000; from 1.1 pips), with custom, volume-based pricing available for very active traders.
Questrade Global builds its forex trading costs entirely into the spread, which can be simple to understand but may be pricier than brokers that combine tight spreads with a small commission. For CFDs, Questrade adds a $9.95 USD fee per unit when you open and another $9.95 when you close, on top of the spread; carrying positions overnight also incurs financing. Ratings: Swissquote earns 3.5/5 stars for Commissions and Fees and ranks #35 of 63; Questrade also earns 3.5/5 stars but ranks slightly better at #33 of 63.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Minimum Deposit | $1000 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.8 or higher |
| 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 support forex trading via CFDs or spot contracts and each earns a 5-star score for Range of Investments. Questrade lists more total instruments and currency pairs (about 675 symbols and 110 forex pairs) compared with Swissquote (roughly 472 symbols and 80 forex pairs). Even so, Swissquote ranks higher in this category at #2 out of 63 brokers, while Questrade comes in at #12.
The biggest differences show up beyond forex. Swissquote lets you buy exchange-traded shares on U.S. markets (think Apple) and on international exchanges (such as Vodafone), while Questrade does not offer direct share dealing on those markets. Swissquote also supports copy trading and gives you access to both actual cryptocurrency and crypto CFDs; Questrade offers neither. If you want more forex pairs and a larger symbol count, Questrade has the edge; for direct stock access, copy trading, and crypto options, Swissquote stands out.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 675 |
| Forex Pairs (Total) | 80 | 110 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | No |
| 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.
Comparing Swissquote vs Questrade for mobile trading, both brokers provide iPhone and Android apps with stock and forex price alerts, trendline drawing, and auto-saved chart annotations. Questrade includes more technical indicators (64) than Swissquote (30) and also syncs watchlists between the mobile app and your online account, so symbols you add on one device appear on the other. Swissquote does not sync watchlists.
Despite Questrade’s extra indicators and syncing, Swissquote earns higher scores overall: 4.5 out of 5 stars for Mobile Trading Apps and a #12 ranking out of 63 brokers at ForexBrokers.com, compared with Questrade’s 3.5 stars and #28 ranking. If your priority is deeper indicator coverage and watchlist syncing, Questrade stands out; if you want an app with higher user ratings and industry placement, Swissquote is the better-rated pick.
| 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.
For market research, Swissquote stands out next to Questrade. Swissquote provides daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), and an economic calendar to track key events—helpful for staying on top of headlines and timing trades. Both brokers offer Autochartist for technical and fundamental insights, while Questrade adds Trading Central and TipRanks for extra ideas. Neither broker includes a sentiment tool or research from Acuity Trading.
When it comes to ratings, Swissquote scores 4.5 out of 5 stars and ranks #15 out of 63 brokers for Research on ForexBrokers.com. Questrade earns 3.5 stars and ranks #34. If you want built-in news and daily commentary, Swissquote is the stronger pick. If you prefer third‑party tools like Trading Central and TipRanks, Questrade has those covered.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing Swissquote vs Questrade on education, Swissquote is the more complete choice. It hosts ongoing client webinars (at least one per month) and supplies a sizable library of video lessons for both newcomers and experienced traders (10+ in each category). That mix of recurring live sessions and on-demand videos supports steady, step-by-step learning. Questrade offers educational content, but it does not run monthly webinars and does not meet the same volume of beginner or advanced video lessons, making it better for casual learning rather than a fuller curriculum.
Independent ratings back this up: Swissquote earns 4.5 out of 5 stars for Education and ranks 19th out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 stars and ranks 28th. If you want frequent webinars and a deeper video library to build confidence from day one, choose Swissquote; if you only need occasional articles and basic guides, Questrade can still do the job.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 for crypto trading, Swissquote lets investors buy both actual (delivered) cryptocurrencies and cryptocurrency CFDs, while Questrade offers neither actual crypto purchases nor crypto CFDs.
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 | 1 | |
| 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 CMA 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 | 675 | |
| Forex Pairs (Total) | 80 | 110 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | No | |
| 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 | 0.8 or higher | |
| 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 | $0 | |
| 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 | No | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | No |
| Education | Swissquote | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| 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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