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.
Swissquote and Spreadex are online brokers with different profiles. Swissquote, founded in 1996, is publicly traded and operates as a bank. Spreadex, founded in 1999, is privately held and is not a bank.
On regulation, Swissquote holds 5 Tier-1 (highly trusted) and 2 Tier-2 (trusted) licenses and has a ForexBrokers.com Trust Score of 99/99 (90–99 = highly trusted). Spreadex holds 1 Tier-1 and no Tier-2 licenses with a Trust Score of 70/99 (70–79 = average risk). For context, ForexBrokers.com rates 80–89 as trusted, 60–69 high risk, and below 59 not trusted.
| 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 |
When comparing commissions and fees, Spreadex comes out ahead of Swissquote for most cost-focused traders. Spreadex posted an average EUR/USD spread of 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during the month. It is rated 4 stars and ranked #26 out of 36 brokers for commissions and fees, making it the cheaper-looking choice overall.
Swissquote is better known for its Swiss banking link and wide account choice than for low trading costs. Fees vary by entity, with the U.K. branch usually offering the best pricing. Even so, its spreads are generally higher than Spreadex, such as EUR/USD starting at 1.3 pips on the Standard U.K. account and 0.6 pips on the Prime account, while Swiss branch pricing starts at 1.7 pips on the Standard account. Swissquote is rated 3.5 stars and ranked #36 out of 36 brokers in the commissions and fees category.
In simple terms, Spreadex is the lower-cost option for traders who care most about spreads and fees, while Swissquote may suit those who value its banking background and account structure more than the cheapest pricing. If keeping costs down is the main goal, Spreadex has the edge.
| 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 give traders access to forex through CFDs or spot contracts, and each earns a 5-star rating for range of investments. That said, Swissquote offers a wider mix of markets overall, with 472 tradeable symbols, 80 forex pairs, and access to exchange traded securities on both U.S. and international exchanges. It also stands out for extra options such as copy trading and the ability to buy actual cryptocurrency, not just crypto CFDs.
Spreadex offers a much larger total list of tradeable symbols, with 10,000 available, but its market lineup is narrower in other key areas. It has 52 forex pairs and does not offer exchange traded securities on U.S. or international exchanges, copy trading, or direct cryptocurrency ownership. It does, however, allow crypto CFD trading. In ForexBrokers.com’s Range of Investments category, Swissquote ranks #2 out of 36 brokers, while Spreadex ranks #13.
| 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.
Swissquote has a slight edge over Spreadex when it comes to trading platforms and tools. Both brokers offer a free demo account, a web-based platform, and the option to trade directly from a chart. Each also provides its own in-house platform, but Swissquote goes further with a Windows desktop platform, MetaTrader 4, MetaTrader 5, and copy trading, while Spreadex does not offer these options.
That wider range of platform choices helps explain Swissquote’s stronger rating of 4.5 out of 5 for Trading Platforms and Tools, along with its #12 ranking out of 36 brokers by ForexBrokers.com. Spreadex earns 4 out of 5 and ranks #35 out of 36, making it a simpler choice for traders who want browser-based trading, but a more limited one overall compared with Swissquote.
| 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 give traders access to mobile trading on iPhone and Android, and each app includes stock or forex price alerts plus the ability to draw trendlines on charts. Neither broker offers watchlist symbol syncing, so changes made in the mobile app do not carry over to the online account, and vice versa. For charting, Swissquote has a clear edge with 30 technical studies available in its mobile app, while Spreadex does not list technical studies in the same way.
When it comes to ease of use and overall app quality, Swissquote also comes out ahead. Its mobile trading app auto-saves chart drawings, earns 4.5 out of 5 stars, and ranks #12 out of 36 brokers for mobile trading apps at ForexBrokers.com. Spreadex still covers the basics well, but it does not auto-save drawings, holds a 4-star rating, and ranks #34 out of 36. For traders who want stronger chart tools and a smoother mobile experience, Swissquote is the better choice.
| 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.
Swissquote and Spreadex both give traders a solid mix of market research tools. Each broker provides daily market commentary, forex news from major sources like Bloomberg or Reuters, Autochartist tools, and an economic calendar covering key global events. In this area, the two platforms share many of the same basics, making them both useful for traders who want regular updates and simple ways to follow market moves.
The main difference is that Spreadex adds a sentiment tool showing the balance of long and short positions, while Swissquote does not. Swissquote also comes out ahead overall, with a 4.5-star Research rating and a ForexBrokers.com ranking of #15 out of 36 brokers, compared with Spreadex’s 4-star rating and #28 ranking. Neither broker offers Trading Central, TipRanks, or Acuity Trading research tools.
| 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.
For beginners looking to learn trading, Swissquote stands out as the stronger choice for education when compared with Spreadex. Swissquote offers forex and CFDs learning material, holds online educational webinars at least once a month, and provides at least 10 beginner videos plus at least 10 advanced videos for traders who want to keep building their skills. It also earns a higher Education rating of 4.5 out of 5 and ranks #19 out of 36 brokers for education by ForexBrokers.com.
Spreadex still gives new traders some helpful learning support, including at least 10 beginner videos, but it falls behind Swissquote in key areas. It does not offer monthly educational webinars, and it does not meet the standard for advanced video content or forex/CFDs education based on the criteria given. Spreadex is rated 4 out of 5 for Education and ranks #34 out of 36, which suggests it has useful basics, but fewer learning options overall for beginners who want a wider path to progress.
| 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 #33.
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 | 70 |
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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 | 70 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Spreadex Review |
| Broker Screenshots | Swissquote | Spreadex | |
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| Regulation | Swissquote | Spreadex | |
|---|---|---|---|
| Trust Score | 99 | 70 | |
| 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 CMA 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 | 70 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Spreadex Review |
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