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 and Questrade are popular online brokers, each offering unique features and trustworthiness. Established in 1996, Swissquote has earned a reputation as a highly trusted broker with a ForexBrokers.com Trust Score of 99, placing it in their most trusted category. Notably, Swissquote is a publicly traded company and operates as a bank. Enhancing its credibility, Swissquote holds five Tier-1 licenses and two Tier-2 licenses, both indicators of strong trust as per ForexBrokers.com's evaluation.
On the other hand, Questrade, founded in 2000, holds a Trust Score of 86, classifying it as trusted. Although not a publicly traded company or a bank like Swissquote, Questrade maintains a solid reputation in the industry with two Tier-1 licenses. This comparison highlights Swissquote's prominence as a highly trusted broker, while Questrade remains a well-regarded choice for many investors seeking reliability in their trading partners.
| 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 |
When comparing commissions and fees, both Swissquote and Questrade sit above the ultra-low-cost end of the market. Questrade targets a 1.9-pip spread on EUR/USD, which is steep by industry standards. Swissquote’s pricing varies by entity and account type, and while it can offer tighter spreads for active traders, it generally carries a slight premium tied to its Swiss banking brand. Ratings and rankings: Swissquote earns 3.5/5 stars and ranks #35 of 63 for Commissions and Fees, while Questrade earns 3/5 stars and ranks #33 of 63.
Swissquote U.K. offers four accounts, with the commission-based Elite plan best suited to active traders who deposit at least $10,000; it combines lower spreads with a $5 round-turn commission. The Professional account is similar but with a lower margin call stop-out. The Standard account starts at 1.3 pips on EUR/USD, and the Prime account advertises a 0.6-pip minimum (not an average). Swissquote Luxembourg sets minimum deposits at $1,000 (Standard), $5,000 (Premium), and $50,000 (Prime), with minimum spreads from 1.5 pips down to 0.8 pips. In Switzerland, forex accounts start at 1.7 pips (Standard, $1,000 minimum), drop to 1.4 pips (Premium, $10,000), and reach 1.1 pips on Prime ($50,000), with custom pricing negotiable for high volume.
If you prioritize simple, spread-only pricing and don’t mind higher costs, Questrade’s structure is straightforward but not cheap at 1.9 pips on EUR/USD. Swissquote can be more price-friendly for active traders using its U.K. Elite commission model, yet average traders may see spreads that are still higher than discount competitors. Bottom line: Questrade is ranked slightly higher (#33) but has a lower star rating (3/5), whereas Swissquote is ranked #35 with a higher rating (3.5/5), reflecting trade-offs between pricing options and overall value.
| 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.
For market research, Swissquote earns 4 out of 5 stars and ranks #15 out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 stars and ranks #34. Swissquote publishes daily market commentary and streams forex news from leading sources like Bloomberg, Reuters, or Dow Jones. Questrade does not provide daily market commentary, and it does not advertise comparable top-tier forex news feeds.
Both brokers offer Autochartist and include an economic calendar. Questrade adds Trading Central and TipRanks, which can broaden third‑party insights, while neither provides a sentiment tool or Acuity Trading features. If you want frequent in-house commentary and premium news headlines along with a higher overall research rating, Swissquote is the stronger choice. If you value access to Trading Central and TipRanks within your brokerage, Questrade is appealing.
| 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.
Swissquote and Questrade both deliver beginner-friendly education, including at least 10 videos that explain trading basics. Where they differ is live learning: Swissquote runs client webinars at least once a month, while Questrade does not. That ongoing guidance can help newcomers keep learning over time. Reflecting this, ForexBrokers.com rates Swissquote 4 stars for Education versus Questrade’s 3.5 stars.
If you plan to grow into more advanced skills, Swissquote has an edge with at least 10 advanced trading videos, whereas Questrade lacks a comparable advanced catalog. For building from beginner lessons into topics tied to forex and CFD trading, Swissquote is more likely to carry you further. In ForexBrokers.com’s Education rankings, Swissquote places #19 of 63 brokers; Questrade ranks #28.
| 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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|---|---|---|
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| Trust Score | 99 | 86 |
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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 | 86 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Questrade Review |
| Broker Screenshots | Swissquote | Questrade | |
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| Regulation | Swissquote | Questrade | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| 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 | 86 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Questrade Review |
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