Written by ForexBrokers.com
In this head to head comparison of StoneX Trading vs Swissquote, 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.
StoneX Trading and Swissquote are both well-regulated, publicly traded brokers with top Trust Score ratings of 99 out of 99 from ForexBrokers.com, placing each in the “highly trusted” category. StoneX Trading was founded in 1983 and is not a bank, while Swissquote was founded in 1996 and is a bank. In terms of regulation, StoneX Trading holds 7 Tier-1 licenses and 1 Tier-2 license, compared with Swissquote’s 5 Tier-1 licenses and 2 Tier-2 licenses.
For everyday traders, this means both companies have a strong regulatory profile and a long track record in the market. StoneX Trading stands out for its larger number of Tier-1 licenses, while Swissquote offers the added backing of being a bank. Since both are listed on a stock exchange and earn the highest Trust Score, either broker would generally be viewed as a very safe choice from a regulation standpoint.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Year Founded | 1983 | 1996 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 7 | 5 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
StoneX Trading offers commissions and fees that are generally in line with the industry average, especially for CFDs, forex, and spread-betting products. Its best pricing is available on the broker’s own platforms or MetaTrader, and the EUR/USD spread averaged 0.74 pips as of July 2023, which is competitive but still not as low as top-priced forex brokers. Active traders can also get rebates, including tiered discounts for U.K.-based professionals and Australian clients who trade higher monthly volumes. StoneX Trading is rated 4.5/5 stars and ranked #16 out of 36 for commissions and fees by ForexBrokers.com.
Swissquote, by comparison, tends to be more expensive, with pricing that reflects the appeal of banking with a Swiss financial group. Its costs vary by entity, but in general the broker does not match the lowest-cost forex brokers. In the U.K., Swissquote’s Elite account is the best choice for active traders, with a $5 round-turn commission and lower spreads after a $10,000 deposit; the Standard account is pricier, starting at 1.3 pips on EUR/USD. Swissquote Luxembourg and the Swiss branch also have account tiers with different deposit minimums and spreads, but overall the pricing remains higher than average. Swissquote is rated 3.5/5 stars and ranked #36 out of 36 for commissions and fees.
For traders focused mainly on low fees, StoneX Trading has the edge over Swissquote. StoneX is the better fit if you want more average-to-competitive pricing and possible rebates for higher-volume trading, while Swissquote may appeal more to clients who value its banking background even if they pay a premium for it.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Minimum Deposit | £100.00 | $1000 |
| Average spread (EUR/USD) - Spread-only account | 1.4 | N/A |
| All-in Cost EUR/USD - Raw spread account | 0.9 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
StoneX Trading and Swissquote both give traders access to forex as either a CFD or spot contract, and both support copy trading plus cryptocurrency CFDs. Where StoneX Trading stands out is the sheer number of tradeable symbols, with 13,500 available compared with Swissquote’s 472, making it the bigger choice for traders who want a wide list of markets in one place. StoneX Trading also offers 66 forex pairs, while Swissquote offers 80, so Swissquote has a slight edge for currency traders looking for more pair choices.
Swissquote is stronger for investors who want access to real exchange-traded shares, since it lets clients buy stocks on both U.S. and international exchanges, such as Apple and Vodafone, while StoneX Trading does not. Swissquote also lets users buy actual cryptocurrency, not just crypto CFDs, which StoneX Trading does not offer. Both brokers earn 5 out of 5 stars for range of investments, but Swissquote ranks higher overall in this category at #2 out of 36 brokers, versus StoneX Trading at #8.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13500 | 472 |
| Forex Pairs (Total) | 66 | 80 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| 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.
StoneX Trading and Swissquote both give traders a strong set of platform choices, including a free demo account for paper trading, an in-house platform, a Windows desktop app, and a web-based platform. Each broker also supports copy trading, MetaTrader 4 (MT4), and trading directly from a stock chart, which makes it easier to place trades without leaving the chart view. In addition, both are rated 4.5 out of 5 stars for Trading Platforms and Tools, showing that each offers a well-rounded experience for everyday traders.
The biggest difference is that Swissquote also offers MetaTrader 5 (MT5), while StoneX Trading does not. In ForexBrokers.com’s ranking for Trading Platforms and Tools, StoneX Trading places slightly ahead at #11 out of 36 brokers, compared with Swissquote at #12. For traders comparing StoneX Trading vs. Swissquote, the choice may come down to whether MT5 matters more than a near-identical set of platform and tool features.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 88 | 86 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
StoneX Trading and Swissquote both make mobile trading easy with iPhone and Android apps, price alerts, trendline drawing, and auto-saving chart drawings. Each broker is also rated 4.5 out of 5 stars for mobile trading apps, which points to a strong user experience on the go. In rankings from ForexBrokers.com, StoneX Trading places higher at #9 out of 36 brokers, while Swissquote comes in at #12.
Where StoneX Trading pulls ahead is in charting and account syncing. Its mobile app offers 88 technical studies, compared with 30 at Swissquote, and it also syncs watchlists between the app and the online account. Swissquote does not offer watchlist syncing, which may matter for traders who want changes to show up across devices without extra steps.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both StoneX Trading and Swissquote give traders the basics that matter most: daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking global events. Each broker is also rated 4.5 out of 5 stars for Research, showing that both are strong choices for traders who want regular updates and news to help guide decisions.
The main differences come down to research tools. StoneX Trading offers Trading Central tools and a sentiment tool that shows whether traders are mostly long or short on currency pairs, while Swissquote includes Autochartist instead. In ForexBrokers.com’s Research rankings, StoneX Trading places higher at #10 out of 36 brokers, compared with Swissquote at #15, which gives StoneX Trading a slight edge overall for market research.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
StoneX Trading and Swissquote both give beginners a strong set of learning tools for forex and CFD trading. Each broker offers at least 10 education pieces on forex or CFDs, monthly client webinars, and plenty of video lessons for both new and more experienced traders. They are also tied on Education rating at 4.5 out of 5 stars, which shows that both brokers make learning a clear priority.
When it comes to ForexBrokers.com’s Education ranking, StoneX Trading has the edge, placing #9 out of 36 brokers, while Swissquote ranks #19. For beginners, that means both brokers can be useful places to start, but StoneX Trading stands out a bit more overall for educational support. If your main goal is to learn the basics and keep building your trading knowledge, either broker offers a solid path forward.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that StoneX Trading is better than Swissquote. StoneX Trading finished with an overall rank of #8, while Swissquote finished with an overall rank of #11.
Backed by StoneX Group and formerly named City Index, StoneX Trading is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets.
| Feature |
StoneX Trading
|
Swissquote
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 99 |
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When comparing StoneX Trading vs Swissquote for cryptocurrency trading, Swissquote stands out by offering the ability to buy actual delivered cryptocurrency, while both brokers also provide access to cryptocurrency CFDs.
StoneX Trading and Swissquote both support ACH/SEPA transfers, PayPal, and bank wire transfers for deposits and withdrawals, but Swissquote has the edge by also offering Skrill, while Visa and Mastercard availability is not specified for either broker.
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 | StoneX Trading | Swissquote | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | StoneX Trading Review | Swissquote Review |
| Broker Screenshots | StoneX Trading | Swissquote | |
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| Regulation | StoneX Trading | Swissquote | |
|---|---|---|---|
| Trust Score | 99 | 99 | |
| Year Founded | 1983 | 1996 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 5 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | StoneX Trading | Swissquote | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| 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 | Yes |
| Tier-2 Licenses (Trusted) | StoneX Trading | Swissquote | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | StoneX Trading | Swissquote | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13500 | 472 | |
| Forex Pairs (Total) | 66 | 80 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| 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 | StoneX Trading | Swissquote | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.4 | N/A | |
| All-in Cost EUR/USD - Raw spread account | 0.9 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | StoneX Trading | Swissquote | |
|---|---|---|---|
| Minimum Deposit | £100.00 | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | StoneX Trading | Swissquote | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | StoneX Trading | Swissquote | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 86 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | StoneX Trading | Swissquote | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | StoneX Trading | Swissquote | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | StoneX Trading | Swissquote | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | StoneX Trading | Swissquote | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | StoneX Trading Review | Swissquote Review |
| Overall | StoneX Trading | Swissquote | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | StoneX Trading Review | Swissquote Review |
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