FxPro
Swissquote
FxPro vs Swissquote
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FxPro and Swissquote are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FxPro, founded in 2006 and headquartered in London, UK, is regulated by CySEC, FCA, FSCA and offers spreads starting from 0.0 pips with a minimum deposit of $100. Swissquote, established in 1996 in Gland, Switzerland, holds licenses from FINMA with spreads from 1.1 pips and a $1000 minimum deposit. In our hands-on testing across 8 scoring categories, Swissquote scored 8.6/10 overall compared to FxPro's 8.4/10, making it the stronger pick for most traders. That said, FxPro holds its own with lower trading costs and better trading platforms, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Swissquote scores 8.6/10 overall vs 8.4/10 for FxPro — a 0.2-point difference.
- 💵
FxPro requires just $100 to start, while Swissquote needs $1000 — FxPro is 10x more accessible.
- 🛡️
FxPro holds Tier 1 regulation (CySEC, FCA, FSCA) offering stronger investor protection than Swissquote's Unrated status.
- 📈
Swissquote offers 3,000+ instruments vs 2,100+ at FxPro — a notable difference in market coverage.
- 🖥️
FxPro runs on MT4, MT5, cTrader, FxPro Edge, while Swissquote uses MT4, MT5, Advanced Trader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: FxPro scores 8.0 vs 7.0 for Swissquote — a 1.0-point difference.
Our Verdict
FxPro
Score: 8.4/10 · Wins 4 categories- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
Swissquote
Score: 8.6/10 · Wins 2 categories- Top-tier regulation and fund safety are your priority
- You rely on in-depth research and analysis tools
- You prefer Swissquote's trading environment overall
Swissquote takes the lead with an overall score of 8.6/10 compared to 8.4/10, winning in 2 out of 8 scoring categories. Swissquote stands out for stronger regulation and more research tools, while FxPro fights back with lower trading costs and better trading platforms.
Detailed Verdict
After testing both brokers with real accounts, Swissquote comes out ahead with a 8.6/10 overall rating, winning 2 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. Swissquote holds Unrated regulation, though traders should verify the specific entity and jurisdiction covering their account. FxPro is not without merit — it scores 8.4/10 overall and excels in Platforms & Tools (9.0/10), winning 4 categories. Traders who value lower trading costs or better trading platforms may find FxPro the better fit. For a complete breakdown, read our full Swissquote review and FxPro review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FxPro wins by 1.0 points
FxPro wins by 1.0 points
Swissquote wins by 1.0 points
FxPro wins by 0.5 points
Swissquote wins by 0.5 points
FxPro wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.4/10 | 8.6/10 ✓ |
| Min Deposit Lower is better | $100 ✓ | $1000 |
| Max Leverage | 1:500 | 1:100 |
| Spreads From | 0.0 pips | 1.1 pips |
| Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5, Advanced Trader |
| Regulation | CySEC, FCA, FSCA | FINMA |
| Founded Older track record highlighted | 2006 | 1996 ✓ |
| Markets | 2,100+ | 3,000+ ✓ |
Fees & Costs
When it comes to trading costs, FxPro has the edge with a score of 8/10 versus 7/10 for Swissquote. FxPro offers spreads starting from 0.0 pips, while Swissquote starts from 1.1 pips. The minimum deposit at FxPro is $100, compared to $1000 at Swissquote. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
FxPro scores 9/10 for platforms compared to 8/10 for Swissquote. FxPro provides MT4, MT5, cTrader, FxPro Edge, while Swissquote offers MT4, MT5, Advanced Trader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FxPro is regulated by CySEC, FCA, FSCA (Tier 1), while Swissquote holds licenses from FINMA (Unrated). FxPro scores 9/10 and Swissquote scores 10/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FxPro leads with 7.5/10 compared to 7.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FxPro and Swissquote both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FxPro offers 24/5 Live Chat, Email, Phone and scores 8/10, while Swissquote provides 24/5 Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FxPro scores 8/10 for deposits and withdrawals, while Swissquote scores 7.5/10. FxPro accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and Swissquote supports Bank Transfer, Credit Card. Processing times, fees, and available currencies vary. FxPro requires a minimum deposit of $100 versus $1000 for Swissquote. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FxPro if you...
- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
Choose Swissquote if you...
- Top-tier regulation and fund safety are your priority
- You rely on in-depth research and analysis tools
- You prefer Swissquote's trading environment overall
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is FxPro better than Swissquote?
Swissquote scores higher overall (8.6/10 vs 8.4/10), winning 2 of 8 categories. However, FxPro is stronger in lower trading costs and better trading platforms. The best choice depends on what matters most to your trading style.
Which has lower fees, FxPro or Swissquote?
FxPro scores higher for trading costs. FxPro offers spreads from 0.0 pips with a $100 minimum deposit, while Swissquote starts from 1.1 pips with $1000 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FxPro safe to trade with?
FxPro is regulated by CySEC, FCA, FSCA and scores 9/10 for regulation. Swissquote is regulated by FINMA with a score of 10/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FxPro or Swissquote?
FxPro scores 9/10 for platforms. FxPro offers MT4, MT5, cTrader, FxPro Edge, while Swissquote provides MT4, MT5, Advanced Trader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FxPro vs Swissquote?
FxPro requires a minimum deposit of $100, while Swissquote requires $1000. FxPro has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.