In this stocks-focused comparison, HFM and Swissquote compete on regulation, platform depth, and access to global equities. The tension centers on ownership, costs, and the breadth of exchanges.
Swissquote wins on the editorial score (4.3 vs 3.8), while HFM lags in regulation depth and exchange access.
Find out which stock broker best suits your investing profile.
Choose HFM if…
Choose HFM if you want HFcopy to automatically copy equity strategies within the same account.
Choose Swissquote if…
Choose Swissquote if you prefer real share ownership and custody under FINMA regulation.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Swissquote wins for safety with FINMA regulation and banking-grade custody.
| Editorial score | 3.8/ 5 | 4.3/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $1,000 |
| Spreads from | 0 pips▼ lower | 1.7 pips |
| Commission / lot | $6/lot | N/A |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | HFM | Swissquote |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
Swissquote rates 4.3/5 versus 3.8/5 for HFM. Swissquote edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
HFM lists tighter spreads from 0, compared with Swissquote's 1.7. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
HFM has no minimum deposit, while Swissquote requires at least $1000. This makes HFM more accessible for traders with limited starting capital.
Both HFM 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: HFM 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.
HFM lists maximum leverage of 20:1, while Swissquote lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
HFM charges $6 per trade on commission-based accounts. Commission details for Swissquote are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
HFM 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.
Neither HFM nor Swissquote is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both HFM and Swissquote are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
HFM wins for active traders with HFcopy and MT4/MT5 access.
HFM wins for beginners with zero minimum deposit and accessible support.
Swissquote wins for global market access with 60 exchanges.
Swissquote wins for long-term investors thanks to real share ownership and custody.
| 0.6 pips |
| N/A |
| 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 |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FSCA DFSA FCA CySEC | DFSA FCA FINMA |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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