Home
Brokers

Firstrade vs Swissquote

Firstrade or Swissquote – which is better for UK traders 2026? Compare Firstrade and Swissquote in this detailed breakdown of their platforms, features and fees.

Firstrade vs Swissquote Comparison Table 2026
Firstrade	Swissquote

4	Not Rated
Firstrade is ranked #38 among UK brokers.	Swissquote is ranked # among .
Review
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.	Swissquote has closed or no longer accepts UK clients.
Pros
In 2025, Firstrade Invest 3.0 will enhance its platform, featuring a streamlined interface and quicker order entry for active traders, especially in watchlists and options chains. Improved trading conditions now include overnight trading and the option to purchase fractional shares. Among the initial brokers to integrate AI-driven analysis via FirstradeGPT. Ideal broker for cost-aware traders, offering competitive low fees on OTC trades. A reputable US-regulated broker and SIPC member
Cons
Customer support requires improvement post-testing, despite the addition of 24/7 service. Firstrade prioritises stocks over forex, restricting opportunities for portfolio diversification. Firstrade lacks a demo account, unlike over 90% of the competitors we've assessed. Deposits and withdrawals via Visa credit or debit cards are not available.
Awards
Best for ETF & Active Investor Commission & Fees - 2019
FCA Regulated
No List of FCA Regulated Brokers
Instruments
Stocks, ETFs, Options, Mutual Funds, Bonds, Fixed
Demo Account
No
Minimum Deposit
$0
Payment Methods
ACH Transfer Cheque Wire Transfer
Minimum Trade
$5
Regulator
SEC, FINRA
Mobile Apps
iOS & Android
iOS App Rating
4.7
Android App Rating
4.2
Margin Trading
Yes
Margin Rate
8% – 12%
MetaTrader 4
No
MetaTrader 5
No
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
Yes
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
Yes
P2P Trading
No
Spot Trading
No
Copy Trading
No
Social Trading
No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
Yes
Guaranteed Stop Loss
No
Inactivity Fee
$0
Islamic Account
No
Account Currencies
USD

Firstrade	Swissquote
Review
More Comparisons
Firstrade vs	Swissquote vs