Firstrade vs Swissquote
Firstrade or Swissquote – which is better for UK traders 2025? Compare Firstrade and Swissquote in this detailed breakdown of their platforms, features and fees.
Firstrade | Swissquote |
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Firstrade is ranked #50 among UK brokers. | Swissquote is ranked #53 among CFD brokers. |
Firstrade, based in the US, operates as a discount broker-dealer and is authorised by the SEC. The firm is a member of both FINRA and SIPC. Firstrade Securities stands out as a leading online brokerage, offering enticing welcome bonuses, robust tools and apps, and commission-free trading. Opening a new account is straightforward and efficient. | Founded in 1996, Swissquote is a prominent Swiss bank and broker, providing online trading opportunities for an impressive portfolio of three million products, including forex, CFDs, futures, options, and bonds. Renowned for its reliability, Swissquote has earned a solid reputation through pioneering trading solutions. It was the first bank to introduce cryptocurrency trading in 2017, and has since expanded its offerings to include fractional shares and the Invest Easy service. |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $1,000 |
Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
SEC, FINRA | FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA |
Mobile Apps | |
iOS & Android | iOS & Android |
Trading App | |
The Swissquote app, honed over time, seamlessly merges banking with trading, offering swift access to a top-tier selection of over three million instruments, such as stocks, ETFs, and cryptocurrencies like Bitcoin. It surpasses the majority of trading apps we've reviewed, delivering a complete financial app with dynamic charts and distinctive features. | |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
4.50% | |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
Yes | Yes |
STP Account | |
No | Yes |
ECN Account | |
No | No |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
Robo Advisor | |
No | Yes |
Negative Balance Protection | |
No | Yes |
Market Maker | |
Yes | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader and FIX API solutions | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Integrated in CFXD | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
Yes | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Swissquote has become a reliable CFD broker, offering trading opportunities across a broad range of global markets with rapid execution. The broker provides the intuitive CFXD platform as well as MetaTrader, and delivers insights from respected third-party sources such as Autochartist and Trading Central. | |
Leverage | |
1:30 | |
FTSE Spread | |
0.9 | |
GBPUSD Spread< | |
1.7 | |
Oil Spread | |
0.03 | |
Stocks Spread | |
$0 per trade | N/A |
Forex | |
Swissquote provides attractive terms for active forex traders, offering over 80 currency pairs. It ensures rapid execution speeds averaging 9ms and grants access to the popular MT4 platform. | |
Assets | |
80+ | |
GBPUSD Spread | |
1.7 | |
EURUSD Spread | |
1.3 | |
EURGBP Spread | |
1.5 | |
Cryptocurrency | |
Engage in trading across a wide range of top cryptocurrencies with minimal fees and all-day access. Traders can begin speculating on popular tokens such as Bitcoin with as little as £1. Additionally, clients can purchase cryptocurrencies instantly through a few simple steps. | Swissquote has become a top cryptocurrency provider, now offering more than 30 digital tokens. It has also launched its own SQX exchange, offers crypto staking, and provides custodian services for professional traders. This all comes from a highly trusted and well-regulated brand in the crypto industry. |
Spread | |
Variable | 71 BTC (Prime Account) |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
Firstrade | Swissquote |
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