Swissquote vs FP Markets

Swissquote or FP Markets – which is better for UK traders 2025? Compare Swissquote and FP Markets in this detailed breakdown of their platforms, features and fees.

Swissquote vs FP Markets Comparison Table 2025
Swissquote FP Markets
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Swissquote is ranked #58 among CFD brokers. FP Markets is ranked #61 among CFD brokers.
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. Founded in 2005 in Australia, FP Markets is a broker regulated by both ASIC and CySEC. It offers a wide range of tradable assets and provides Standard and Raw accounts suitable for traders of all levels. The platform excels in tools, featuring the MetaTrader suite, user-friendly TradingView, and practical insights from Trading Central and AutoChartist.
Pros
  • Swissquote is highly reputable due to its status as a bank, its presence on the Swiss stock exchange, and its authorisations from credible regulators such as FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.
  • Swissquote is designed for rapid trading strategies, including scalping and high-frequency approaches. With an average execution speed of 9ms and a 98% fill ratio, it also supports FIX API.
  • Swissquote offers robust platforms for traders, including MetaTrader 4/5 and its proprietary CFXD (formerly Advanced Trader). During testing, these platforms stood out with their adaptable layouts, advanced charting tools, and comprehensive technical indicators.
  • Swissquote offers sophisticated research tools such as Autochartist for technical analysis and real-time news from Dow Jones. The firm's exclusive Market Talk videos and Morning News provide daily expert insights, catering to active traders.
  • FP Markets provides an excellent range of trading options, thanks to its broadened commodities offerings and support for more than 10,000 stocks.
  • FP Markets stands out as a highly accommodating broker for platform selection, offering MetaTrader, cTrader, Iress, and the more recent addition of TradingView.
  • FP Markets provides swift and reliable support, accessible 24 hours a day, five days a week, with average response times under one minute during tests.
  • FP Markets offers a smooth onboarding process, featuring cryptocurrency deposits and a choice of more than 10 base currencies, appealing to traders worldwide.
  • FP Markets now offers advanced research tools from Trading Central and Autochartist. These tools assist traders in spotting short-term opportunities by analysing chart patterns, indicators, and other technical elements.
Cons
  • Swissquote focuses on serving professional and high-net-worth clients, requiring substantial initial deposits, such as $1,000 for Standard accounts. This approach is less favourable for smaller traders who prefer brokers offering higher leverage and no deposit requirements.
  • Analysis indicates that Swissquote's charges are relatively high. Forex spreads on Standard accounts begin at 1.3 pips, whereas brokers such as Pepperstone or IC Markets offer starting spreads of 0.0 pips. Additionally, transaction fees for non-Swiss stocks and ETFs could accumulate significantly for active traders.
  • Unlike brokers like eToro that offer social trading capabilities, Swissquote does not provide tools for community interaction or replicating successful traders. This absence can reduce its attractiveness to those who prioritise peer-to-peer learning.
  • The Raw account offers excellent pricing. However, the Standard account has wider spreads, averaging 1.1 pips on EUR/USD, which lags behind the competitive 0.8-pip spread at IC Markets.
  • FP Markets’ Iress platform is exclusively available to Australian clients. The platform is geared towards stock trading rather than forex. Data fees may accumulate quickly unless you are an active trader or hold a high-balance account.
  • FP Markets falls short of leading MetaTrader brokers. Although it provides a Trader's Toolbox on MT4, it offers only 130 instruments, restricting opportunities for serious traders. In contrast, Pepperstone offers 1,300 assets.
  • Traders Hub offers valuable resources such as the Daily Report, Technical Report, Market Insights, and Fundamental Analysis. Yet, it should diversify its daily content and ensure its forex news remains current to compete with market leaders like IG.
Awards
  • Top Innovative Companies 2025 – Statista
  • ETF Online Broker of the Year 2024 – Swiss ETF Awards
  • World’s Most Trustworthy Companies 2024 – Statista
  • Best Global Forex Value Broker 2023 - Global Forex Awards
  • Best Forex Partners Programme Asia 2023 - Global Forex Awards
  • Best Forex Broker Europe 2023 - Global Forex Awards
  • Best Global Forex Value Broker 2022 - Global Forex Awards
  • Best Global Forex Value Broker 2021 - Global Forex Awards
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1,000 $40
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA ASIC, CySEC, FSA, CMA
Mobile Apps
iOS & Android iOS & Android
Trading App

The Swissquote app, refined over the years, combines banking and trading, giving you instant access to an industry-leading selection of more than three million instruments, including stocks, ETFs, and cryptocurrencies like Bitcoin. It goes beyond most trading apps we’ve tested – providing a comprehensive financial app, complete with dynamic charts and unique features.

FP Markets does not provide a proprietary web-based or mobile app, a downside for beginners. However, there are the mobile versions of MT4/MT5, cTrader, and TradingView that offer real-time quotes, advanced charting tools, account management features, and order execution. Australian clients are also exclusively offered access to the Iress mobile platform, which delivers sophisticated features including analytics, module linking, and multiple portfolio management.

iOS App Rating
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4.5
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4
Android App Rating
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3.4
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4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes Yes
eSignal
No No
Trading Central
Yes Yes
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
Yes Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader and FIX API solutions Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
FP Markets has launched its own social copy trading platform and provides access to the MetaTrader signals market. Additionally, it supports Myfxbook, making FP Markets a strong choice for social copy trading. Despite the platform being less user-friendly than cTrader Copy, these features enhance its appeal for traders.
Social Trading
No Yes
Trade Signals
Integrated in CFXD
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • CHF
  • HKD
  • SGD
  • PLN
  • AED
  • SAR
  • HUF
  • THB
  • QAR
  • MXN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Oil
  • Gasoline
  • Silver
  • Gold
  • Palladium
  • Platinum
  • Natural Gas
  • Copper
  • Cocoa
  • Sugar
  • Soybeans
  • Coffee
  • Precious Metals
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Soybeans
  • Corn
  • Wheat
  • Steel
  • Iron
  • Cocoa
  • Cotton
  • Sugar
  • Coffee
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. FP Markets provides CFD trading across an excellent range of financial instruments, including stocks, major global indices, commodities, metals, cryptocurrencies, and bonds. Traders benefit from competitive spreads, rapid execution, and leverage up to 1:500, supported by top-tier liquidity. This ensures a smooth and efficient experience for short-term market participants.
Leverage
1:30 1:30 (UK), 1:500 (Global)
FTSE Spread
0.9 1.64
GBPUSD Spread<
1.7 1.9 average
Oil Spread
0.03 0.04
Stocks Spread
N/A Variable
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. FP Markets is an outstanding choice for forex enthusiasts, offering more than 70 currency pairs, with an expanded range of exotic options. Traders benefit from competitive pricing, with average spreads as low as 0.1 on EUR/USD in the Raw account.
Assets
80+ 70+
GBPUSD Spread
1.7 0.2
EURUSD Spread
1.3 0.1
EURGBP Spread
1.5 0.3
Currency Indices
  • USD
Cryptocurrency
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. FP Markets offers CFDs on major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Traders can engage in speculation on price fluctuations through these derivatives. However, direct coin ownership is not provided. Additionally, emerging tokens for avid crypto traders are not available on FP Markets.
Spread
71 BTC (Prime Account) 17.3 (Bitcoin)
Coins
  • BTC
  • ETH
  • USDT
  • USDC
  • XRP
  • SOL
  • AVAX
  • ATOM
  • ENS
  • ONDO
  • ICP
  • NEAR
  • IMC
  • RNDR
  • GRT
  • LDO
  • ALGO
  • DOT
  • ADA
  • XTZ
  • APE
  • LINK
  • POL
  • GALA
  • SAND
  • AXS
  • MANA
  • DOGE
  • UNI
  • FIL
  • MKR
  • CHZ
  • AAVE
  • COMP
  • XLM
  • ENJ
  • BCH
  • LTC
  • ZRX
  • BNT
  • EOS
  • AUDIO
  • ETC
  • HBAR
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTC
  • RPL
  • SOL
  • XLM
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Swissquote FP Markets
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