Errante and Swissquote clash as regulated brokers on trust, costs, and platforms, testing whether regulation or platform breadth carries the day.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you want a low $50 minimum deposit, no inactivity fee, and 24/5 live chat support.
Choose if…
Choose Swissquote if you seek a broad instrument range and higher leverage, plus a proprietary platform with advanced charting.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.5 / 5▲ |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | 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 | 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 | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Errante rates 3.8/5 and Swissquote rates 4.2/5. 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.
Errante starts from 0 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Errante has $50, while Swissquote requires at least $1120. This makes Errante more accessible for traders with limited starting capital.
Both Errante 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: Errante requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante 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.
Errante charges $3 per lot on commission-based accounts. Commission details for Swissquote are not currently available. Check their website for up-to-date pricing.
Errante 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.
Errante offers tighter spreads from 0.00 pips vs 1.70 pips for Swissquote, reducing trading costs.
Swissquote, due to FINMA regulation and FCA/DFSA oversight.
Errante is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Swissquote, thanks to a proprietary platform and advanced charting.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 3.9 / 5 |
|---|
| Founded | 2017 | 1996 |
|---|
| Headquarters | Limassol, Cyprus | Gland, Switzerland |
|---|
| Min Deposit | $50▼ lower | $1,120 |
|---|
| Spreads From | 0 pips▼ lower | 1.7 pips |
|---|
| Commission / lot | $3/lot | N/A |
|---|
| 0.3 pips | N/A |
| Max Leverage | 30:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | 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 | CySEC FSA Seychelles | FCA DFSA FINMA |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
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
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
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
Swissquote leads on the editorial score, reflecting stronger regulation and platform depth; Errante remains competitive on pricing and accessibility.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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