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 |
When it comes to commissions and fees, Swissquote and Questrade are both rated 3.5 out of 5 stars, but Questrade ranks slightly higher at #33 out of 36 brokers, compared with Swissquote at #35 out of 36. Swissquote’s pricing is generally on the higher side, especially when compared with low-cost forex brokers, though its U.K. entity can offer better value than its Swiss or Luxembourg branches. For active traders, Swissquote’s U.K. Elite account may be the best fit, with a $5 round-turn commission and lower spreads, while less active users may face wider spreads depending on the account type and region.
Questrade Global uses a spread-only pricing model, so trading costs are built into the buy and sell price instead of being charged as a separate commission. That can make pricing easy to understand, but it is not always cheap: although Questrade says spreads can start as low as 0.8 pips, average spreads for major pairs were closer to 2.1 to 2.5 pips at the time of review. On a standard lot, that can work out to about $20 per trade, which is higher than many competitors.
For CFDs, Questrade can become expensive because it adds a $9.95 USD trading fee per unit on top of the spread, plus overnight financing costs if you hold the trade longer. Swissquote also charges more than the lowest-cost brokers, but its pricing varies by entity and account type, with higher deposit tiers sometimes offering tighter spreads. In short, neither broker is a bargain on fees, but Swissquote may suit traders who value banking ties and account choice, while Questrade may appeal to those who want simple spread-based pricing.
| 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.
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 solid set of platform choices, including free paper trading, their own in-house platforms, Windows desktop apps, and web-based trading. Each broker also lets you place trades directly from a stock chart, which is useful for active traders who want a faster workflow. For Trading Platforms and Tools, Swissquote is rated 4.5 out of 5 stars and ranks #12 out of 36 brokers at ForexBrokers.com, while Questrade is rated 4 out of 5 stars and ranks #28.
Where Swissquote stands out is in its extra platform options: it supports copy trading, plus MetaTrader 4 and MetaTrader 5, giving traders more ways to analyze markets and follow strategies. Questrade does not offer copy trading, MT4, or MT5, so its tools are more limited in that area. If you want a broker with a wider range of trading platforms and more built-in flexibility, Swissquote has the edge over Questrade.
| 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 mobile trading apps for iPhone and Android, plus stock and forex price alerts. Each app also lets users draw trendlines on charts, and any drawings are automatically saved. In these core areas, the two brokers give mobile traders a similar experience, but there are a few clear differences that may matter if you want more convenience and charting tools.
Questrade has the edge in watchlist syncing, since changes made in its mobile app carry over to the online account, while Swissquote does not offer that feature. Questrade also provides more charting options, with 64 technical studies compared with Swissquote’s 30. Even so, Swissquote earns a higher mobile trading app rating at 4.5 out of 5 stars and ranks #12 out of 36 brokers, while Questrade is rated 3.5 stars and ranks #28 out of 36.
| 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 overall. Swissquote offers daily market commentary, forex news from top sources like Bloomberg and Reuters, an economic calendar, and Autochartist tools for technical and fundamental analysis. Questrade also includes Autochartist, but it does not offer daily market commentary, top-tier forex news, or an economic calendar. Questrade does, however, provide Trading Central research tools and TipRanks, which Swissquote does not.
Neither broker offers a sentiment tool that shows the ratio of long and short positions, and neither one includes Acuity Trading tools such as Signal Centre. Based on ForexBrokers.com, Swissquote has a higher research rating at 4.5 stars and ranks #15 out of 36 brokers, while Questrade is rated 3.5 stars and ranks #34 out of 36. For traders who want more built-in market research and news, Swissquote is the stronger choice.
| 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 for learning support, Swissquote has a clear edge over Questrade. Swissquote offers forex and CFD education with at least 10 related learning pieces, plus monthly educational client webinars, at least 10 beginner videos, and at least 10 advanced videos for more experienced traders. That added mix of lessons and live sessions can make it easier for new users to build confidence and keep learning as they grow. By contrast, Questrade does not meet the same level of forex or CFD education, does not offer monthly educational webinars, and does not provide at least 10 beginner or advanced trading videos focused on those topics.
The ratings also reflect this gap in beginner education. Swissquote earns 4.5 out of 5 stars for Education and ranks #19 out of 36 brokers in the ForexBrokers.com Education category, while Questrade is rated 3.5 stars and ranks #28 out of 36. For someone who wants more guided, easy-to-follow learning materials, Swissquote appears to offer the stronger educational experience.
| 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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