CMC Marketsvs
SwissquoteForex Broker Comparison
Two regulated brokers are tested on cost, platform depth, and fund safety. The axis of tension revolves around pricing, technology, and how far each goes to protect client funds.
Our Verdict
CMC Markets winsby 0.3 pts
CMC Markets is the editorial score winner with 4.5 vs 4.2 for Swissquote. It also provides 24/5 live chat support.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Zero minimum deposit vs $1,120 minimum.
- 212,000 instruments vs 400.
- 324/5 live chat available vs Swissquote lacks.
Who should choose CMC Markets vs Swissquote?
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you want zero minimum deposit and a very wide instrument universe.
Choose Swissquote if…
Choose Swissquote if you value FINMA oversight and a broad multi-asset suite including real stocks.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
CMC Markets offers tighter spreads from 0.70 pips vs 1.70 pips for Swissquote, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
CMC Markets vs Swissquote: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.5 / 5 |
CMC Markets vs Swissquote Forex Broker Pros & Cons
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
CMC Markets vs Swissquote: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
CMC Markets
criteria win
0
Swissquote
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | CMC 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) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 | Pass | 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 |
CMC Markets vs Swissquote: Frequently Asked Questions
The scores are close: CMC Markets rates 4.5/5 and Swissquote rates 4.2/5. CMC Markets 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.
CMC Markets starts from 0.7 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while Swissquote requires at least $1120. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets 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: CMC Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
CMC Markets lists maximum leverage of 30:1, 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.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. CMC Markets has exclusive access to ProRealTime. Swissquote has exclusive access to MetaTrader 5.
