Forex.com vs Swissquote Forex Broker Comparison
A head-to-head comparison of Forex.com and Swissquote across regulation, trading costs, platforms, and editorial scoring.
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
VS
Score 4.2 / 5
2 bonusesSwiss banking heritage with exceptional fund security, the broadest asset range in retail trading, and FINMA oversight - though minimum deposits are high.
Our Verdict
Too close to call
Forex.com and Swissquote are extremely closely matched with scores of 4.2/5 and 4.2/5. The right choice depends on your individual trading priorities.
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
Forex.com offers tighter spreads from 1 pips vs 1.7 pips for Swissquote, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for active traders
Recommended
Forex.com has a cost edge: raw/ECN spreads, tighter spreads from 1 pips.
Best for platform choice
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
Both brokers share the same editorial score of 4.2/5, but Forex.com requires a lower minimum deposit ($100 vs $1120 for Swissquote), making it more accessible for new traders.
Forex.com vs Swissquote: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
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 | $1,120 |
| Spreads from | 1 pips | 1.7 pips |
| Commission / lot | $7/lot | N/A |
| Max leverage | 50:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CFTC NFA MAS IIROC | FCA DFSA FINMA |
| Platforms | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Forex.com | Visit Swissquote |
Forex.com vs Swissquote Forex Broker Pros & Cons
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)
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 suited to larger, more sophisticated accounts
Inactivity fee applies
No 24/5 live chat
Forex.com vs Swissquote: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Forex.com
criteria wins
0
Swissquote
criteria wins
Highlighted rows show where the two brokers differ
| 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 vs Swissquote: Frequently Asked Questions
Forex.com and Swissquote share the same editorial score of 4.2/5. The right choice depends on your priorities: trading costs, platform preference, or regulatory coverage.
Forex.com offers tighter spreads starting from 1 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.
Forex.com has a lower minimum deposit of $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. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Forex.com 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.
Forex.com offers maximum leverage of 50:1, 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.
Forex.com charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5 and Swissquote offers MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; both support MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5.
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Score 4.2 / 5
Score 4.2 / 5
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