Swissquote — where it wins, where it loses
Swissquote wins on platform choice. It loses on headline spread, entry cost. Priced across ten round-turn EUR/USD lots it comes 39 of 39 in this field.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- platform choice
Loses on
- headline spread
- entry cost
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FINMA | Switzerland | Tier 1 | Swissquote Bank Ltd | swissquote.com | |
| FCA | 562170 | UK | Tier 1 | Swissquote Ltd | register.fca.org.uk |
Checkable
Facts the comparison runs on
On the record
- Swissquote was launched in 1996 and is headquartered in Gland, Switzerland.
- Swissquote Group Holding Ltd is listed on the SIX Swiss Exchange under the ticker SQN.
- Swissquote Bank Ltd is a bank licensed in Switzerland and supervised by FINMA.
- Swissquote Ltd is authorised and regulated in the UK by the FCA under reference number 562170.
- Swissquote publishes minimum EUR/USD spreads of 1.7 pips on its Standard forex account.
- Swissquote's Annual Report 2025 states that on 4 July 2025 Swissquote completed the acquisition of PostFinance's 50% stake in Yuh, the digital finance app, increasing its ownership to 100% and making Yuh a fully consolidated subsidiary (https://www.swissquote.com/en/group/annual-report/2025/business-cases/dare-to-aim-for-the-best).
| Trading since | 1996 |
|---|---|
| Base | Gland, Switzerland |
| Minimum to open | $1,000 |
| Leverage cap | 1:30 (UK/EU retail); up to 1:100 (Swiss entity) |
| EUR/USD | 1.70 pips |
| Terminals | MT4, MT5, CFXD/Advanced Trader, Swissquote web and mobile |
| Account tiers | Standard, Premium, Prime, Professional |
| Markets | Forex, Indices, Commodities, Shares, Bonds, ETFs, Options, Futures, Cryptocurrency |
| Record confidence | high |
| Matchup-ready | yes — enough public cost data to run a head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- FINMA licence/registration number
- Minimum deposit applies to the Standard forex account (CHF 1,000) and differs for other Swissquote services
Costs less
Who beats Swissquote on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.