FXTM vs Swissquote Forex Broker Comparison
A head-to-head comparison of FXTM and Swissquote across regulation, trading costs, platforms, and editorial scoring.
CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.
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
FXTM 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
FXTM offers tighter spreads from 1.5 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
FXTM has a cost edge: raw/ECN spreads, tighter spreads from 1.5 pips.
Best for platform choice
Recommended
Swissquote offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
Both brokers share the same editorial score of 4.2/5, but FXTM requires a lower minimum deposit ($10 vs $1120 for Swissquote), making it more accessible for new traders.
FXTM 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 | 4.2 / 5 | 4.5 / 5▲ |
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 | $1,120 |
| Spreads from | 1.5 pips | 1.7 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 1000:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC FSC | FCA DFSA FINMA |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit FXTM | Visit Swissquote |
FXTM vs Swissquote Forex Broker Pros & Cons
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)
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 suited to larger, more sophisticated accounts
Inactivity fee applies
No 24/5 live chat
FXTM vs Swissquote: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
FXTM
criteria wins
2
Swissquote
criteria wins
Highlighted rows show where the two brokers differ
| 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 vs Swissquote: Frequently Asked Questions
FXTM 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.
FXTM offers tighter spreads starting from 1.5 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.
FXTM has a lower minimum deposit of $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. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: FXTM has a lower minimum deposit ($10), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
FXTM offers maximum leverage of 1000:1, 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.
FXTM supports MetaTrader 4, MetaTrader 5 and Swissquote offers MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 4, MetaTrader 5; Swissquote exclusively offers Proprietary Web/Mobile.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4.2 / 5
Score 4.2 / 5
More Broker Comparisons
More FXTM comparisons
More Swissquote comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker