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 |
Comparing commissions and fees, Swissquote generally offers more pricing pathways than Questrade, but you’ll often pay for the privilege unless you qualify for its better tiers. In the Commissions & Fees category from ForexBrokers.com, Swissquote is rated 3.5/5 stars (ranked #54 of 63), while Questrade is rated 3/5 stars (ranked #59 of 63). In short: Questrade’s pricing is simple but on the high side for forex spreads, whereas Swissquote can be cheaper if you meet higher minimums or accept a per-trade commission.
Swissquote’s costs vary by entity and account type. In the U.K., four accounts are offered: Standard (EUR/USD from 1.3 pips), Prime (from 0.6 pips, noted as a minimum not an average), Elite (commission-based with lower spreads plus a $5 round-turn charge, best for active traders with at least $10,000 deposited), and Professional (similar to Elite with a different stop-out threshold). Luxembourg pricing is similar, with minimum deposits of $1,000 (Standard), $5,000 (Premium), and $50,000 (Prime), and minimum spreads from 1.5 pips down to 0.8 pips. In Switzerland, forex accounts start at 1.7 pips (Standard, $1,000 minimum), 1.4 pips (Premium, $10,000), and 1.1 pips (Prime, $50,000); custom, volume-based pricing can be negotiated. Overall, Swissquote’s average pricing isn’t the lowest, but its U.K. Elite and Prime tiers can bring costs down.
Questrade’s target spread on EUR/USD is about 1.9 pips, which is expensive next to the industry average. That means Swissquote’s sharper tiers (especially U.K. Elite/Prime) can undercut Questrade on effective costs, while Swissquote’s entry-level tiers may be similar or slightly cheaper depending on market conditions. If you want straightforward, spread-only pricing and don’t mind higher costs, Questrade fits the bill; if you can meet higher minimums or prefer a commission-plus-tight-spread model, Swissquote may deliver better 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 and Questrade both cover the basics traders expect. Each offers a free paper trading demo, a proprietary platform, a Windows desktop app, and a web-based platform. You can also place trades directly from price charts on both, making it easy to move from analysis to execution.
The big differences show up in advanced tools and integrations. Swissquote supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Questrade does not support copy trading or MT4/MT5. According to ForexBrokers.com, Swissquote is rated 4.5 stars and ranked #12 of 63 for Trading Platforms and Tools, compared with Questrade’s 4 stars and #35 ranking, highlighting Swissquote’s wider platform choices and trader-friendly extras.
| 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 vs Questrade mobile trading apps: both offer iPhone and Android apps, price alerts, trendline drawing, and auto-saved chart annotations. For charting, Questrade provides 64 built-in indicators (technical studies), while Swissquote includes 30. Watchlists sync between mobile and the online account at Questrade, but Swissquote watchlists do not sync across platforms.
In overall app quality, Swissquote earns 4.5 out of 5 stars and ranks #12 of 63 brokers for Mobile Trading Apps at ForexBrokers.com; Questrade scores 4 stars and ranks #35. Choose Swissquote if you value higher-rated mobile performance, or pick Questrade if syncing watchlists and having more indicators matter more to you.
| 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.
Swissquote vs Questrade: for market research, Swissquote stands out for traders who want fresh insights every day. It publishes daily market commentary and streams forex headlines from top-tier sources like Bloomberg, Reuters, or Dow Jones, while Questrade does not provide daily commentary and does not list comparable forex news coverage. Both brokers include an economic calendar. According to ForexBrokers.com, Swissquote earns 4 stars for Research and ranks #16 out of 63 brokers, while Questrade earns 3.5 stars and ranks #52.
On the tools side, both brokers offer Autochartist for trade ideas. Questrade also adds Trading Central and TipRanks, which Swissquote does not include. Neither offers a sentiment tool showing long vs. short positioning. In short, choose Swissquote if you value daily commentary and premium news flow, or pick Questrade if you want added third‑party research from Trading Central and TipRanks despite its lower overall research score.
| 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.
Comparing Swissquote vs. Questrade for beginner trading education, both brokers offer at least 10 beginner-friendly videos that explain core trading topics in plain language. Swissquote goes a step further with at least 10 advanced videos for when you’re ready to level up, and it runs client webinars at least once a month—useful if you learn best through live sessions and Q&A. Questrade also delivers a solid set of beginner videos, but it does not host monthly educational webinars and does not meet the same depth for advanced video content. Reflecting this, Swissquote earns 4 stars for Education and ranks #20 out of 63 brokers at ForexBrokers.com, while Questrade holds 3.5 stars and ranks #36.
If you’re focused on forex and CFDs, note that it wasn’t confirmed whether either broker provides 10 or more materials dedicated specifically to those topics. It’s worth browsing each broker’s education library to see current articles, videos, and any archived webinars to match your learning style and goals.
| 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 #32.
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
|
Questrade
|
|---|---|---|
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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 (SFC 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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