This matchup pits a UK FCA-regulated spread betting specialist against a Swiss-backed multi-asset broker. The tension spans regulation, fees, and platform options.
Find out which broker best suits your trader profile.
Choose if…
Choose Spreadex if you want a no minimum deposit and TradingView charting.
Choose if…
Choose Swissquote if you want MT4/MT5 access and a broader asset range.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5 | 4.5 / 5 |
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Spreadex | 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 | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Spreadex rates 4/5 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.
Spreadex starts from 0.6 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while Swissquote requires at least $1120. This makes Spreadex more accessible for traders with limited starting capital.
Both Spreadex 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: Spreadex has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Spreadex 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.
Spreadex supports Proprietary Web/Mobile, TradingView, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile. Spreadex has exclusive access to TradingView. Swissquote has exclusive access to MetaTrader 5 and MetaTrader 4.
Spreadex offers tighter spreads from 0.60 pips vs 1.70 pips for Swissquote, reducing trading costs.
Equally matched.
Swissquote wins for active traders thanks to MT4/MT5 access and broad asset options.
Spreadex is better suited for scalpers: tighter spreads from 0.60 pips.
Swissquote wins for platform choice with MT4/MT5 and a proprietary platform.
Spreadex is better for beginners due to zero minimum deposit.
Spreadex offers far more instruments across 10,000+ markets.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.9 / 5 |
|---|
| Founded | 1999 | 1996 |
|---|
| Headquarters | St Albans, Hertfordshire, United Kingdom | Gland, Switzerland |
|---|
| Min Deposit | No minimum▼ lower | $1,120 |
|---|
| Spreads From | 0.6 pips▼ lower | 1.7 pips |
|---|
| Commission / lot | N/A | 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 card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA | FCA DFSA FINMA |
|---|
| Platforms | Proprietary Web/Mobile TradingView | 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
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
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
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
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 edges Spreadex on the editorial score, 4.2/5 vs 4.0/5.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
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