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 comparing Swissquote and Questrade on commissions and fees, both brokers earn the same score: 3.5 out of 5 stars. In ForexBrokers.com’s Commissions and Fees ranking, Swissquote places #36 out of 36 brokers, while Questrade ranks slightly better at #34 out of 36. For most traders, that means neither broker is a clear low-cost leader, and pricing should be checked carefully before opening an account.
Swissquote’s costs vary by region, with its U.K., Luxembourg, and Swiss entities each offering different account types and pricing. The U.K. accounts tend to be cheaper, with the Elite account charging a $5 round-turn fee and lower spreads for active traders who deposit at least $10,000. Other Swissquote accounts can start around 1.3 pips on EUR/USD in the U.K. and about 1.7 pips in Switzerland, while Luxembourg pricing runs from about 0.8 to 1.5 pips depending on the account. Swissquote may appeal to clients who want the backing of a Swiss banking group, but its trading costs are generally above the cheapest brokers.
Questrade Global uses a spread-only pricing model, so the cost is built into the price rather than shown as a separate commission for forex. It says spreads can be as low as 0.8 pips, but in practice major pairs were closer to 2.1 to 2.5 pips at the time of review, which can make trades more expensive than they first appear. CFD trading can also add up quickly because Questrade charges a $9.95 USD fee per unit, plus the spread and any overnight financing costs. For price-sensitive traders, Questrade’s simple pricing is easy to understand, but not especially cheap.
| 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.
When comparing Swissquote vs Questrade for trading platforms and tools, both online brokers cover the basics well. Each offers a proprietary platform, a Windows desktop download, a web-based trading platform, simulated paper trading, and the ability to trade directly from a stock chart. Both also provide MetaTrader 4 and MetaTrader 5 support, which may appeal to traders who want a familiar third-party platform alongside the broker’s own tools.
The main difference is that Swissquote adds copy trading, while Questrade does not. Swissquote also comes out ahead in overall platform quality, with a 4.5-star rating and a #12 ranking out of 36 brokers from ForexBrokers.com, compared with Questrade’s 4-star rating and #29 ranking. For traders who want a wider set of platform choices and social trading features, Swissquote has the edge; Questrade still offers a solid platform lineup, but with fewer advanced options.
| 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, and both include stock or forex price alerts plus chart tools like trendlines and saved drawings. Where they differ is in watchlist syncing and charting depth: Questrade lets you sync watchlists between the app and your online account, while Swissquote does not. Questrade also provides more technical studies in its mobile charts, with 64 compared with Swissquote’s 30.
In overall mobile app quality, Swissquote comes out ahead with a 4.5-star rating and a ForexBrokers.com ranking of #12 out of 36 brokers, versus Questrade’s 3.5-star rating and #29 rank. If you want a mobile app with stronger ratings and a solid set of core trading features, Swissquote has the edge; if watchlist syncing and a larger selection of chart indicators matter more, 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 it comes to market research, Swissquote gives traders more built-in information than Questrade. 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 provide daily commentary, top-tier forex news, or an economic calendar. In this area, Swissquote has the edge for traders who want more news and market updates in one place.
Questrade does stand out in a few research areas, including Trading Central tools and TipRanks, which Swissquote does not offer. However, Swissquote still comes out ahead overall with a higher research rating of 4.5 out of 5 stars, compared with Questrade’s 3.5 stars. On ForexBrokers.com, Swissquote ranks #15 out of 36 brokers for research, while Questrade ranks #35, making Swissquote the stronger choice for market research overall.
| 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
|
|---|---|---|
| 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) - 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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