Two multi-asset brokers stand on different axises of strength. Admirals leans on regulation depth and education; Swissquote emphasizes security and asset breadth.
Admirals and Swissquote are closely matched in trust, costs, and platforms, with nuanced strengths across regulation depth and instrument breadth.
Find out which broker best suits your trader profile.
Choose Admirals if…
Choose Admirals if you want broad instrument access and 24/5 live chat.
Choose Swissquote if…
Choose Swissquote if you value FINMA regulation and a proprietary platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Admirals offers tighter spreads from 0.50 pips vs 1.70 pips for Swissquote, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Pros
Extensive range of accounts including Zero, Trade, and Invest
Strong FCA and CySEC regulation covering EU and UK traders
High-quality educational content including live webinars
Zero account offers spreads from 0.5 pips with $6 round-turn commission
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Admirals | Swissquote |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Admirals rates 4.3/5 and Swissquote rates 4.2/5. Admirals 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.
Admirals starts from 0.5 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Admirals has $100, while Swissquote requires at least $1120. This makes Admirals more accessible for traders with limited starting capital.
Both Admirals and Swissquote hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Admirals requires a lower minimum deposit ($100), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Admirals lists maximum leverage of 500:1, while Swissquote lists up to 100:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Admirals charges $6 per lot on commission-based accounts. Commission details for Swissquote are not currently available. Check their website for up-to-date pricing.
Admirals supports MetaTrader 5, MetaTrader 4, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Swissquote has exclusive access to Proprietary Web/Mobile.
Swissquote wins for safety & regulation due to FINMA oversight and diversified regulator coverage.
Admirals wins for active traders with low spreads and high leverage.
Admirals is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.50 pips.
Swissquote wins for platform choice with a proprietary platform option.
Admirals wins for beginners thanks to educational content and diverse account options.
Admirals wins for instrument variety with 8000 tradable instruments.
Fees & Spreads 30% weight | 4.4 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2001 | 1996 |
|---|
| Headquarters | Tallinn, Estonia | Gland, Switzerland |
|---|
| Min Deposit | $100▼ lower | $1,120 |
|---|
| Spreads From | 0.5 pips▼ lower | 1.7 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 1.1 pips | N/A |
| Max Leverage | 500:1▲ higher | 100:1 |
|---|
| Inactivity Fee | $10/month (after 24 months) | CHF 10/month (after 6 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC CySEC KNF | FCA DFSA FINMA |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Swiss banking heritage with FINMA regulation and bank-level fund security
Broadest multi-asset range including real stocks, bonds, and options
Listed on the Swiss stock exchange (SIX)
FCA and DFSA regulated for UK and UAE clients
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Multilingual customer support
Cons
Platform-heavy, MT4 and MT5 only, no proprietary platform
Customer support quality varies by region
Not available to US clients
Inactivity fee applies
Cons
Very high minimum deposit (CHF 1,000, approximately $1,120)
Spreads wider than ECN peers on standard account
Primarily appropriate for larger, more sophisticated accounts
Inactivity fee applies
No 24/5 live chat
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
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