A head-to-head comparison of Blueberry Markets and Swissquote across regulation, trading costs, platforms, and editorial scoring.
Pure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.
Swiss banking heritage with exceptional fund security, the broadest asset range in retail trading, and FINMA oversight - though minimum deposits are high.
Blueberry Markets and Swissquote are extremely closely matched with scores of 4.3/5 and 4.2/5. The right choice depends on your individual trading priorities.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Blueberry Markets offers tighter spreads from 0 pips vs 1.7 pips for Swissquote, reducing trading costs.
Swissquote has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Blueberry Markets has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Swissquote offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Blueberry Markets edges out Swissquote with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5 | 4.5 / 5 |
Fees & Spreads 30% weight | 4.3 / 5▲ | 3.9 / 5 |
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.2 / 5 |
Customer Support 10% weight | 4.1 / 5▲ | 3.9 / 5 |
| Founded | 2016 | 1996 |
| Headquarters | Sydney, Australia | Gland, Switzerland |
| Min deposit | $100 | $1,120 |
| Spreads from | 0 pips | 1.7 pips |
| Commission / lot | $8/lot | N/A |
| Max leverage | 500:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC VFSC | FCA DFSA FINMA |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Blueberry Markets | Visit Swissquote |
Pros
ASIC-regulated with Tier 1 investor protections
MT4, MT5, and cTrader all available
Raw ECN Direct account with published execution statistics
No bonus marketing - pure execution focus
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
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
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
$100 minimum deposit required
Limited product range - forex, indices, commodities, crypto only
No copy trading or social features
ECN commission slightly above the cheapest competitors
No investor compensation scheme
No proprietary platform
No phone support
Support available in limited languages
Cons
Very high minimum deposit (CHF 1,000, approximately $1,120)
Spreads wider than ECN peers on standard account
Primarily suited to larger, more sophisticated accounts
Inactivity fee applies
No 24/5 live chat
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Blueberry Markets | 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) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | 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 | Fail | Pass |
| Multilingual support | Fail | Pass |
Based on our independent editorial scoring, Blueberry Markets ranks higher with a score of 4.3/5 vs 4.2/5 for Swissquote. The best choice still depends on your individual trading needs; Blueberry Markets and Swissquote may each suit different trader profiles.
Blueberry Markets offers tighter spreads starting from 0 pips, compared to Swissquote's spreads from 1.7 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Blueberry Markets has a lower minimum deposit of $100, while Swissquote requires at least $1120. This makes Blueberry Markets more accessible for traders with limited starting capital.
Both Blueberry Markets and Swissquote hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Blueberry Markets has a lower minimum deposit ($100), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Blueberry Markets offers maximum leverage of 500:1, while Swissquote offers up to 100:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Blueberry Markets charges $8 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports MetaTrader 4, MetaTrader 5, cTrader and Swissquote offers MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; Blueberry Markets exclusively offers cTrader; Swissquote exclusively offers Proprietary Web/Mobile.
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