SimpleFX vs Swissquote
SimpleFX or Swissquote – which is better for UK traders 2026? Compare SimpleFX and Swissquote in this detailed breakdown of their platforms, features and fees.
| SimpleFX | Swissquote |
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| SimpleFX is ranked #52 among CFD brokers. | Swissquote is ranked #22 among CFD brokers. |
| SimpleFX is an online broker offering CFD and cryptocurrency trading. With multi-currency accounts, STP execution, competitive pricing, and no minimum deposit, the platform delivers an accessible trading experience. Since 2014, SimpleFX has been innovative and has earned acclaim at various industry events. Today, it serves over 200,000 active users in more than 190 countries, catering to retail traders worldwide. | 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 | |
| CFDs, Forex, Indices, Stocks, Commodities, Cryptos | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $1,000 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FSC | FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA |
| Mobile Apps | |
| iOS, Android + WebTrader | iOS & Android |
| Trading App | |
| SimpleFX offers its own app for Apple and Android devices with a user-friendly interface. It allows for easy trade management and access to over 220 tradable assets. Yet, sporadic unresponsiveness during testing and an average charting package may not suit very active traders. | 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 | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | 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 | |
| No | Yes |
| STP Account | |
| Yes | 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 | |
| Yes | Yes |
| Robo Advisor | |
| Yes | Yes |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader and FIX API solutions |
| Copy Trading | |
| No | No |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | Integrated in CFXD |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 3% | $0 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| SimpleFX offers leveraged trading options up to 1:1000 across key assets like stocks, indices, currencies, and commodities. The platform's social community is a valuable resource for gaining insights into CFD strategies and short-term trading opportunities. | 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 | |
| 1:1000 | 1:30 |
| FTSE Spread | |
| 1.3 | 0.9 |
| GBPUSD Spread< | |
| 1.2 | 1.7 |
| Oil Spread | |
| 0.04 | 0.03 |
| Stocks Spread | |
| Variable | N/A |
| Forex | |
| SimpleFX offers a wide range of approximately 60 currency pairs, including major pairs such as GBP/USD and exotic ones like CHF/PLN. Trading fees are competitive, with an average of 0.9 pips for EUR/USD in tests. Designed for online currency trading, MetaTrader 4 can be accessed on desktop, web, and mobile platforms. | 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 | |
| 57 | 80+ |
| GBPUSD Spread | |
| 1.2 | 1.7 |
| EURUSD Spread | |
| 0.9 | 1.3 |
| EURGBP Spread | |
| 1.0 | 1.5 |
| Cryptocurrency | |
| SimpleFX excels in its crypto trading environment, which now includes an expanding selection of tokens, such as Bitcoin, Ethereum, and Filecoin, paired with USD, enhanced further in 2024. The platform's crypto accounts facilitate seamless trading, catering to crypto enthusiasts. Moreover, its tailored staking service enables capital to be leveraged for margin trading. | 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 | |
| 45.57 | 71 BTC (Prime Account) |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | Yes |
| Auto Market Maker | |
| No | No |
| SimpleFX | Swissquote |
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