In this head to head, Forex.com and Swissquote trade blows on regulation and pricing. The axis centers on cost structures and platform offerings.
Forex.com and Swissquote are closely matched, with Swissquote offering higher leverage (100:1) than Forex.com (50:1).
Find out which broker best suits your trader profile.
Choose Forex.com if…
Choose Forex.com if you want access to US clients and raw spreads with $7 round turn commissions.
Choose Swissquote if…
Choose Swissquote if you prioritize higher leverage up to 100:1 and bank level fund security.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Forex.com offers tighter spreads from 1.00 pips vs 1.70 pips for Swissquote, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
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 | Forex.com | 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 | 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 |
Forex.com and Swissquote share the same editorial score of 4.2/5. One concrete differentiator: Forex.com requires a lower minimum deposit.
Forex.com starts from 1 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Forex.com has $100, while Swissquote requires at least $1120. This makes Forex.com more accessible for traders with limited starting capital.
Both Forex.com 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: Forex.com 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.
Forex.com lists maximum leverage of 50:1, 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.
Forex.com charges $7 per lot on commission-based accounts. Commission details for Swissquote are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and Proprietary Web/Mobile and MetaTrader 4.
Swissquote wins for safety and regulation with FINMA oversight and bank-level fund security.
Forex.com wins for active traders due to raw spreads and MT4/MT5 access.
Forex.com is better suited for scalpers: raw/ECN spreads available, tighter spreads from 1.00 pips.
Swissquote wins for platform choice with a dedicated proprietary trading platform.
Forex.com is better for beginners with a lower minimum deposit.
Swissquote wins for instrument variety with stocks, bonds, and options.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.1 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
| Founded | 1999 | 1996 |
|---|
| Headquarters | Bedminster, New Jersey, USA | Gland, Switzerland |
|---|
| Min Deposit | $100▼ lower | $1,120 |
|---|
| Spreads From | 1 pips▼ lower | 1.7 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 1.7 pips | N/A |
| Max Leverage | 50:1▲ higher | 100:1 |
|---|
| Inactivity Fee | $15/month (after 12 months) | CHF 10/month (after 6 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC MAS IIROC CFTC NFA | FCA DFSA FINMA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile 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
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
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
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
Score 4.2 / 5
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