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 and Questrade both earn a 3.5-star rating for commissions and fees, but they take very different approaches. Swissquote is generally the pricier choice, especially compared with low-cost brokers, because its trading costs are tied to the account type and entity you use. Its U.K. accounts tend to be the cheapest within the Swissquote group, with the Elite account charging $5 per round-turn trade and the Standard account starting at 1.3 pips on EUR/USD. In Switzerland, pricing is higher still, with spreads starting at 1.7 pips on the Standard account and 1.1 pips on the Prime account. Swissquote is ranked #37 out of 36 brokers for commissions and fees by ForexBrokers.com.
Questrade keeps things simpler by building its costs into the spread rather than charging a separate trading commission for forex. It says spreads can start as low as 0.8 pips, though typical live pricing may be closer to 2.1 to 2.5 pips on major pairs, which can make trading more expensive than it first appears. For CFDs, Questrade adds both a spread and a $9.95 USD trading fee per unit, and overnight financing costs can raise the bill further. Questrade is ranked #35 out of 36 brokers for commissions and fees by ForexBrokers.com.
Overall, Swissquote may appeal more to traders who want the feel of a Swiss banking brand and are willing to pay a premium for it, while Questrade is easy to understand but can become costly, especially for CFD trading. If your main goal is lower trading costs, neither broker is a standout leader in this category, and both sit near the bottom of the rankings. For frequent traders, it is worth comparing the exact account type, spread, and any extra fees before opening an account.
| Feature |
Swissquote
|
Questrade
|
|---|---|---|
| Minimum Deposit | $1000 | $0 |
| Average spread (EUR/USD) - Spread-only account | N/A | 0.8 or higher |
| All-in Cost EUR/USD - Raw spread account | N/A | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
When comparing Swissquote vs Questrade for range of investments, Swissquote offers a wider mix of markets and products. Both brokers support forex trading, but Swissquote lists 80 forex pairs compared with Questrade’s 110, while Swissquote offers 472 tradeable symbols versus Questrade’s 675. Swissquote also stands out for access to exchange-traded securities on both U.S. and international exchanges, as well as copy trading and both actual cryptocurrency and cryptocurrency CFDs. Questrade, by contrast, does not offer U.S. or international exchange-traded securities, copy trading, or crypto trading in either form.
That said, both brokers earn 5 stars for Range of Investments, showing that each provides a broad set of choices for active traders. Still, Swissquote is ranked #2 out of 36 brokers by ForexBrokers.com in this category, while Questrade is ranked #12, which reflects Swissquote’s stronger overall selection for investors who want more market access and more ways to trade.
| 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 and Questrade both give traders a wide choice of platforms and tools, including free demo accounts for paper trading, their own in-house platforms, desktop software for Windows, and browser-based trading. Both brokers also let users trade directly from charts, which can make order entry faster and easier. In terms of overall platform quality, Swissquote is rated 4.5 out of 5 stars for Trading Platforms and Tools and is ranked #12 out of 36 brokers by ForexBrokers.com, while Questrade is rated 4 out of 5 stars and ranked #30.
The bigger difference is in advanced trading features. Swissquote supports copy trading, MetaTrader 4, and MetaTrader 5, giving traders more ways to follow strategies and use familiar third-party platforms. Questrade does not offer copy trading, MT4, or MT5, so its platform lineup is simpler. If you want more built-in choice and access to popular trading software, Swissquote has the edge; if you prefer a more basic setup with the core platform types, Questrade still covers the essentials.
| 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 iPhone and Android trading apps, along with price alerts for stocks or forex. Each app also lets you draw trendlines on charts and automatically saves those drawings. Where Questrade pulls ahead is watchlist syncing: changes made in the mobile app update with the online account, while Swissquote does not offer this feature. Questrade also includes more chart tools, with 64 technical studies compared with Swissquote’s 30.
When it comes to overall mobile trading experience, Swissquote comes out ahead in expert ratings and rankings. Swissquote earns 4.5 out of 5 stars for Mobile Trading Apps and ranks 12th out of 36 brokers at ForexBrokers.com, while Questrade is rated 3.5 out of 5 stars and ranks 30th. For traders who value a higher-rated app, Swissquote has the edge; for those who want stronger watchlist syncing and more chart studies, Questrade may be the better fit.
| 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.
When comparing Swissquote vs Questrade for market research, Swissquote comes out ahead for traders who want more built-in analysis and market updates. Swissquote offers daily market commentary, forex news from major sources like Bloomberg and Reuters, and an economic calendar that tracks upcoming global events. It also includes Autochartist tools for technical and fundamental research, helping users spot possible trade ideas more easily.
Questrade has some useful research features too, including Autochartist, Trading Central, and TipRanks, but it does not offer daily market commentary, top-tier forex news, or an economic calendar. It also lacks a sentiment tool and Acuity Trading tools. Based on ForexBrokers.com, Swissquote is rated 4.5 out of 5 for research and ranked #15 out of 36 brokers, while Questrade is rated 3.5 out of 5 and ranked #36 out of 36.
| 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 looking to learn trading, Swissquote offers a fuller education section than Questrade. Swissquote provides forex and CFD learning material, at least one online client webinar each month, and 10 or more beginner videos as well as 10 or more advanced videos. Questrade does not meet those same marks for forex or CFD education, monthly webinars, or the same level of beginner and advanced video content. That difference shows up in the ratings too: Swissquote is rated 4.5 out of 5 for Education and ranks #19 out of 36 brokers, while Questrade is rated 3.5 out of 5 and ranks #30.
If you are new to trading and want more guided learning options, Swissquote is the stronger choice overall. It gives beginners more ways to build skills through videos and live webinars, while Questrade offers a more limited set of learning tools in this area. For shoppers comparing broker education, Swissquote is the better fit for hands-on learning support.
| 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 #12, 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
|
|---|---|---|
| Overall Rating |
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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) - Spread-only account | N/A | 0.8 or higher | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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