This comparison pits FXTM and Swissquote against each other on regulation, costs, and platforms. The axis of tension centers on support availability and platform breadth.
FXTM and Swissquote are closely matched, with FXTM offering 24/5 live chat that Swissquote lacks.
Find out which broker best suits your trader profile.
Choose FXTM if…
Choose FXTM if you want a very low $10 minimum deposit and no inactivity fee.
Choose Swissquote if…
Choose Swissquote if you need a large minimum deposit and a proprietary trading platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
FXTM offers tighter spreads from 1.50 pips vs 1.70 pips for Swissquote, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.5 / 5▲ |
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
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 | FXTM | 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 |
FXTM and Swissquote share the same editorial score of 4.2/5. One concrete differentiator: FXTM requires a lower minimum deposit.
FXTM starts from 1.5 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while Swissquote requires at least $1120. This makes FXTM more accessible for traders with limited starting capital.
Both FXTM 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: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXTM lists maximum leverage of 1000:1, 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.
FXTM 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.
Equally matched, as both maintain strong regulation and client fund protections.
FXTM suits active traders with high leverage and raw spreads on MT4/MT5.
FXTM is better suited for scalpers: raw/ECN spreads available, tighter spreads from 1.50 pips.
Swissquote wins for platform choice with a proprietary platform alongside MT4/MT5.
Swissquote offers the broadest multi-asset range including stocks, bonds, and options.
Fees & Spreads 30% weight | 3.9 / 5 | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2011 | 1996 |
|---|
| Headquarters | Limassol, Cyprus | Gland, Switzerland |
|---|
| Min Deposit | $10▼ lower | $1,120 |
|---|
| Spreads From | 1.5 pips▼ lower | 1.7 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 1,000:1 | 100:1▲ higher |
|---|
| Inactivity Fee | None | CHF 10/month (after 6 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA CySEC FSC | 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
Raw spread account available
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
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
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
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
Score 4.2 / 5
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