Markets.com vs Swissquote
Markets.com or Swissquote – which is better for UK traders 2024? Compare Markets.com and Swissquote in this detailed breakdown of their platforms, features and fees.
| Markets.com | Swissquote |
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| Markets.com is ranked #29 among CFD brokers. | Swissquote is ranked #63 among CFD brokers. |
| Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money. | Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users. |
| CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Note: trading Cryptocurrency CFDs and Spread Bets is restricted in the UK for all retail clients. | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only) | Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $1000 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, CySEC, ASIC, FSCA, FSC | FCA, FINMA, DFSA, SFC |
| Mobile Apps | |
| iOS, Android | iOS & Android |
| Trading App | |
Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Trading Insights | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Markets.com offers a strong variety of CFD products, not only covering popular asset classes but also more interesting markets such as IPOs and Bonds. The low fees and educational resources will appeal to beginners, whilst seasoned CFD traders will appreciate the feature-rich charting platforms. | Swissquote offers spot, forward and synthetic contracts on a breadth of markets, including stocks, indices, bonds and commodities. The pricing model is transparent with no hidden fees. Clients can diversify portfolios and hedge risk with low margin requirements. |
| Leverage | |
| 1:30 | 1:30 |
| FTSE Spread | |
| 2 pips | 0.9 |
| GBPUSD Spread< | |
| 1.3 pips (var) | 1.3 |
| Oil Spread | |
| 0.05 | 0.02 |
| Stocks Spread | |
| 4 pips | N/A |
| Forex | |
| Markets.com offers 43 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos. | Swissquote offers trading on a huge range of forex assets, covering 80+ currency pairs. Spreads start from 1.3 pips with the Premium account and there are zero commissions. Micro, mini and standard lot sizes are available plus options contracts on major currencies. |
| Assets | |
| 67 | 80+ |
| GBPUSD Spread | |
| 1.3 pips (var) | 1.3 |
| EURUSD Spread | |
| 0.70 pips (var) | 1.3 |
| EURGBP Spread | |
| 1.0 pip (var) | 1.5 |
| Markets.com | Swissquote |
| CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Note: trading Cryptocurrency CFDs and Spread Bets is restricted in the UK for all retail clients. | |
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