Swissquote and TMGM clash on security, asset depth, and fee structures. The outcome hinges on regulatory strength versus pricing and platform breadth.
Swissquote outpaces TMGM on editorial score due to its FINMA regulation and broader asset access.
Find out which crypto exchange best suits your trading profile.
Choose Swissquote if…
Choose Swissquote if you prioritise FINMA oversight and real crypto custody within a Swiss bank.
Choose TMGM if…
Choose TMGM if you want ASIC regulation with segregated client funds and MT4/MT5.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Swissquote wins for security with FINMA regulation and Swiss depositor protection.
TMGM wins for lower fees with competitive ECN spreads on crypto CFDs.
| Criteria | ||
|---|---|---|
| Editorial score | 4.1/ 5 | 3.6/ 5 |
| Min Deposit | $1,000 | $100▼ lower |
| Spreads From | 1.7 pips | 0 pips▼ lower |
| Taker Fee | N/A | 7.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Swissquote | TMGM |
|---|---|---|
| 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 |
The scores are close: Swissquote rates 4.1/5 and TMGM rates 3.6/5. 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.
TMGM 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.
TMGM has $100, while Swissquote requires at least $1000. This makes TMGM more accessible for traders looking to start with a smaller crypto investment.
Both Swissquote and TMGM 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: TMGM 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.
Swissquote offers up to 2:1 on perpetual or margin products, versus TMGM'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.
TMGM charges $7 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.
Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Swissquote has exclusive access to Proprietary Web/Mobile. TMGM has exclusive access to IRESS.
Swissquote wins for coin selection with 20 listed coins.
Equally matched for DeFi and Web3 capabilities.
| N/A |
| 0.7 pips |
| Inactivity Fee | CHF 10/month (after 6 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardCrypto |
|---|
| Withdrawal methods | Bank transfer | Bank transferCredit cardCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | DFSA FCA FINMA | ASIC VFSC |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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