FXOpenvs
SwissquoteCrypto Exchange Comparison
Two CFD/non-native crypto brokers meet in a head-to-head on regulation, platform options, and coin selection. The tension centers on security, coverage, and asset depth.
Our Verdict
Swissquote winsby 0.5 pts
Swissquote edges FXOpen on the editorial score with a higher overall rating.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Coin count: FXOpen lists 8 coins vs Swissquote 20
- 2Real crypto purchases and custody available in the same Swissquote account
- 3FXOpen offers ECN/STP execution and TickTrader proprietary platform option
Who should choose FXOpen vs Swissquote?
Find out which crypto exchange best suits your trading profile.
Choose FXOpen if…
Choose FXOpen if you want a low minimum deposit and ECN/STP execution.
Choose Swissquote if…
Choose Swissquote if you want strong regulation and crypto custody.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Swissquote wins for security with FINMA regulation and depositor protection.
Best for low fees
Recommended
FXOpen is best for low fees due to ECN/STP execution and low crypto spreads.
FXOpen vs Swissquote: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXOpen |  Swissquote |
|---|---|---|
| Editorial score | 3.6/ 5 | 4.1/ 5 |
| Min Deposit | $100▼ lower | $1,000 |
| Spreads From | 0 pips▼ lower | 1.7 pips |
| Taker Fee | 3.00% | N/A |
FXOpen vs Swissquote Crypto Exchange Pros & Cons
Pros
- FCA and ASIC regulated, strong dual regulatory coverage
- ECN/STP execution with low crypto spreads
- MT4/MT5 with TickTrader proprietary platform option
Cons
- Smaller brand vs tier-1 competitors
- Limited proprietary research or educational content
FXOpen vs Swissquote: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
Highlighted rows show where the two exchanges differ
| Criteria | FXOpen | Swissquote |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
FXOpen vs Swissquote: Frequently Asked Questions
The scores are close: FXOpen rates 3.6/5 and Swissquote rates 4.1/5. Swissquote has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FXOpen lists a lower spread from 0, compared with Swissquote's 1.7. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
FXOpen has $100, while Swissquote requires at least $1000. This makes FXOpen more accessible for traders looking to start with a smaller crypto investment.
Both FXOpen and Swissquote hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXOpen requires a lower minimum deposit ($100), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXOpen offers up to 2:1 on perpetual or margin products, versus Swissquote's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
FXOpen charges $3 per trade on commission-based accounts. Commission details for Swissquote are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FXOpen supports cTrader, MetaTrader 5, MetaTrader 4, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FXOpen has exclusive access to cTrader. Swissquote has exclusive access to Proprietary Web/Mobile.
