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 |
Spreadex is generally cheaper on trading costs than Swissquote. For EUR/USD in January 2024, Spreadex posted an average spread of 0.81 pips, with a 0.6-pip minimum available 60% of the time. It earns 4 stars for commissions and fees and ranks #25 out of 63 brokers. Swissquote earns 3.5 stars and ranks #35 out of 63, reflecting that you’ll pay a slight premium to trade with a large Swiss banking brand.
Swissquote’s pricing varies by entity and account type. In the U.K., the Elite account suits active traders who deposit at least $10,000, pairing lower spreads with a $5 round-turn commission; the Professional account is similar. The Standard account starts at 1.3 pips on EUR/USD, while Prime advertises a 0.6-pip minimum (note: that is a minimum, not an average). In Luxembourg, minimum deposits are $1,000 (Standard), $5,000 (Premium), and $50,000 (Prime), with minimum spreads from 1.5 pips down to 0.8 pips. In Switzerland, 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; custom, volume-based pricing can be negotiated.
Bottom line: Spreadex’s typical spreads make it the more cost-friendly choice for many forex traders, especially on EUR/USD. Swissquote’s U.K. Elite account can narrow the gap for high-deposit, active traders willing to pay a per-trade commission, but its Standard and regional accounts generally carry wider minimum spreads and higher deposit requirements.
| 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 vs Spreadex: both support forex trading via CFDs or spot, but their lineups differ. Spreadex lists around 10,000 tradeable symbols, far more than Swissquote’s 472. That said, Swissquote offers more forex pairs (80 vs 52), which can matter if you trade currency majors and minors. Each broker earned 5 stars for Range of Investments, yet Swissquote ranks higher (#2 of 63) than Spreadex (#13 of 63) in ForexBrokers.com’s category leaderboard.
For asset access, Swissquote is geared toward investors as well as traders: you can buy exchange-traded stocks on U.S. and international exchanges, use copy trading, and choose between real cryptocurrency and crypto CFDs. Spreadex, by contrast, does not offer real shares on U.S. or international exchanges and does not support copy trading; it focuses on CFDs, including crypto CFDs. Choose Spreadex if you want a very wide list of CFD markets, and pick Swissquote if you want a strong mix of forex pairs plus the ability to buy actual shares and cryptocurrencies.
| 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 and Spreadex both offer free demo (paper) accounts and proprietary platforms. For access, Swissquote provides both a Windows desktop platform and a web platform, while Spreadex focuses on the browser. Both brokers support placing trades directly from charts. If you want third‑party platforms, Swissquote offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5); Spreadex does not. Copy trading is available at Swissquote but not at Spreadex. The number of built-in technical indicators and the number of watchlist columns are not specified for either broker.
For Trading Platforms and Tools, ForexBrokers.com rates Swissquote 4.5 out of 5 stars and ranks it #12 out of 63 brokers, while Spreadex earns 4 out of 5 stars and ranks #34. In short, choose Swissquote if you need MT4/MT5, copy trading, and a Windows desktop app; pick Spreadex if you prefer trading in the browser on a proprietary platform.
| 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.
Comparing Swissquote vs Spreadex for mobile trading, both brokers offer iPhone and Android apps and support price alerts for stocks and forex. Neither app syncs watchlists between mobile and the online account, so any watchlist changes must be updated separately on each platform.
For charting, Swissquote lists 30 technical studies, lets you draw trendlines, and automatically saves your drawings. Spreadex also supports trendline drawing, but it doesn’t auto-save, and the number of available studies isn’t specified. In overall quality, Swissquote earns 4.5/5 stars and ranks #12 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while Spreadex scores 4/5 stars and ranks #33. If you value a wider set of indicators and saved annotations, Swissquote has the edge; if you just need core tools, Spreadex gets the job done.
| 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.
Comparing Swissquote vs Spreadex for market research, both brokers cover the basics well. Each offers daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), an economic calendar, and Autochartist tools for technical and fundamental ideas. Neither broker includes Trading Central, TipRanks, or Acuity Trading tools.
Key difference: Spreadex adds a sentiment tool that shows the ratio of long vs. short positions, while Swissquote does not. In independent ratings, Swissquote scores higher for research at 4.5 out of 5 stars and ranks 15th out of 63 brokers on ForexBrokers.com; Spreadex earns 4 out of 5 stars and ranks 27th. Choose Swissquote if you want slightly stronger overall research; pick Spreadex if trader sentiment is important to your workflow.
| 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.
If you’re a beginner comparing Swissquote and Spreadex for trading education, Swissquote comes out ahead. It earns 4.5 stars for Education (ranked 19th out of 63 brokers), while Spreadex earns 4 stars (33rd). Both brokers provide at least 10 beginner-friendly video lessons to help you learn the basics. Swissquote also includes at least 10 advanced videos for when you’re ready to go deeper; Spreadex does not.
Live learning is another key difference. Swissquote hosts client webinars at least once a month, giving you regular chances to ask questions and see concepts explained in real time. Spreadex does not offer ongoing educational webinars. For most new traders, Swissquote offers a fuller path from first steps to more advanced material, while Spreadex suits those who mainly want a library of starter videos.
| 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 #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
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Spreadex
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|---|---|---|
| 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 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 | 70 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Spreadex Review |
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