Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Spreadex, 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.
Founded in 1996, Swissquote stands out as a highly trusted online broker, enjoying a top-tier Trust Score of 99 out of 99 according to ForexBrokers.com. As a publicly traded entity and recognized bank, Swissquote offers a high level of financial security. It holds an impressive five Tier-1 licenses and two Tier-2 licenses, further cementing its status as a reliable choice for investors seeking a safe trading environment.
Spreadex, established in 1999, presents a different profile with a Trust Score rating of 71, indicating an average risk according to the same rating source. Unlike Swissquote, Spreadex is not publicly traded and does not operate as a bank. It holds one Tier-1 license, reflecting a fair level of trust. However, the absence of Tier-2 licenses suggests that Spreadex may lack some of the regulatory assurances provided by its counterpart.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| Year Founded | 1996 | 1999 |
| 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 |
On pricing, Spreadex is generally cheaper than Swissquote. Spreadex averaged 0.81 pips on EUR/USD in January 2024, with a 0.6-pip minimum reached 60% of the time. It earns 4.0/5 stars for Commissions & Fees and ranks #28 of 63 brokers, while Swissquote scores 3.5/5 stars and ranks #54 of 63.
Swissquote’s costs vary by region. In the U.K., the Elite account best suits active traders who can deposit $10,000, pairing lower spreads with a $5 commission per round-turn (a complete buy-and-sell trade). The Professional account is similar. The Standard account starts at 1.3 pips on EUR/USD, and the Prime account advertises a 0.6-pip minimum (note: that is a minimum, not an average). U.K. pricing is generally lower than Swissquote’s Luxembourg and Swiss offerings, alongside lighter deposit requirements but a narrower product list.
In Luxembourg, minimum deposits are $1,000 (Standard), $5,000 (Premium), and $50,000 (Prime), with minimum spreads from 1.5 pips (Standard) down to 0.8 pips (Prime), broadly in line with the U.K. entity. In Switzerland, forex pricing is higher: Standard ($1,000) starts at 1.7 pips on EUR/USD, Premium ($10,000) at 1.4 pips, and Prime ($50,000) at 1.1 pips; volume-based custom pricing is negotiable. Swissquote’s appeal as a Swiss banking brand comes with slightly higher trading costs, whereas Spreadex’s recent EUR/USD averages point to leaner day-to-day fees for spread‑sensitive traders.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $1000 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.81 |
| 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 Spreadex both let you trade forex as CFDs or spot. Spreadex lists far more tradeable symbols overall (10,000 vs. 472), but Swissquote offers more forex pairs (80 vs. 52).
For asset access, Swissquote stands out: you can buy real, exchange-traded stocks on U.S. and international exchanges, use copy trading, and choose between actual cryptocurrency and crypto CFDs. Spreadex does not offer real stocks or copy trading, and supports crypto only via CFDs. Both are rated 5 stars for Range of Investments, but Swissquote ranks #2 out of 63 brokers, while Spreadex ranks #14—making Spreadex appealing for sheer market count and Swissquote stronger for investors who want real shares, copy trading, and more ways to invest in crypto.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 10000 |
| Forex Pairs (Total) | 80 | 52 |
| 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 | 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). | 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.
Comparing Swissquote vs Spreadex for trading platforms and tools: both brokers provide free demo (paper) accounts and offer proprietary platforms alongside web-based trading. Swissquote also delivers a Windows desktop download, while Spreadex does not. If you rely on MetaTrader, Swissquote supports both MT4 and MT5; Spreadex does not support either. Copy trading is available at Swissquote but not at Spreadex. Both brokers let you place trades directly from charts, which can help streamline order entry and analysis.
In independent testing by ForexBrokers.com, Swissquote earns 4.5 stars for Trading Platforms and Tools and ranks #12 out of 63 brokers, while Spreadex earns 4 stars and ranks #47. Traders who want MetaTrader integration or copy trading will lean toward Swissquote, whereas those who are fine with a proprietary, browser-based platform may find Spreadex meets their needs.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 86 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and Spreadex both offer iPhone and Android mobile trading apps with price alerts, making it easy to track markets on the go. Neither app syncs watchlists with the online account. For charting, Swissquote includes 30 technical studies, while Spreadex doesn’t list a study count. Both apps let you draw trendlines; however, Swissquote auto-saves your chart drawings, while Spreadex does not.
In independent reviews, Swissquote earns 4.5 out of 5 stars and ranks #12 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. Spreadex scores 4 out of 5 stars and ranks #47. If you want richer chart tools and saved drawings in a mobile trading app, Swissquote has the edge; if you just need core features for quick trades and alerts, Spreadex covers the basics.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing Swissquote vs Spreadex for market research, both brokers tick the key boxes. Each offers daily market commentary, premium forex news from top-tier sources like Bloomberg/Reuters/Dow Jones (or similar), Autochartist-powered tools for technical and fundamental insights, and a handy economic calendar. On the flip side, neither broker includes Trading Central, TipRanks, or Acuity Trading tools.
The main difference is sentiment data: Spreadex provides a position-sentiment tool, while Swissquote does not. Despite sharing a 4-star research rating, Swissquote ranks higher with ForexBrokers.com (#16 of 63) compared to Spreadex (#32 of 63). Choose Spreadex if you want a built-in view of crowd positioning, or pick Swissquote if a higher-ranked overall research experience matters more to you.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Swissquote vs Spreadex for beginner trading education, both online brokers provide at least 10 beginner-friendly videos covering trading topics, making them solid starting points for new traders. Swissquote adds monthly live webinars for clients, which can help beginners learn in real time and ask questions, while Spreadex does not offer monthly educational webinars. For those planning to grow beyond the basics, Swissquote also supplies 10-plus advanced videos, whereas Spreadex lacks this depth. Despite these differences, both are rated 4 out of 5 stars for Education by ForexBrokers.com.
In the Education category, Swissquote ranks #20 out of 63 brokers, compared with Spreadex at #45—an edge that may matter if you want ongoing guidance and a clearer path from beginner to more advanced topics. Choose Swissquote if live webinars and a broader video library appeal to you; pick Spreadex if you mainly want beginner videos and a straightforward way to get started.
| Feature |
Swissquote
|
Spreadex
|
|---|---|---|
| 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 Spreadex. Swissquote finished with an overall rank of #11, while Spreadex finished with an overall rank of #39.
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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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Swissquote vs Spreadex: Swissquote lets you buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, while Spreadex offers only cryptocurrency CFDs and does not support buying real coins.
Swissquote vs Spreadex: among online brokers, Swissquote supports ACH/SEPA transfers, PayPal, Skrill, and bank wires for deposits and withdrawals, while Spreadex currently offers only bank wire transfers.
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 | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Spreadex Review |
| Broker Screenshots | Swissquote | Spreadex | |
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| Regulation | Swissquote | Spreadex | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1996 | 1999 | |
| 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 | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) |
| Investments | Swissquote | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 10000 | |
| Forex Pairs (Total) | 80 | 52 | |
| 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 | 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). | 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Spreadex | |
|---|---|---|---|
| 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 | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Swissquote | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 86 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Swissquote | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Swissquote | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Swissquote | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Spreadex Review |
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