CMC Markets vs Swissquote: which broker is better in 2026?
We compare CMC Markets and Swissquote — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, CMC Markets edges ahead (4.0/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaCMC MarketsSwissquote
Overall score 4.0 3.9
Regulation & safety 4.0 4.5
Fees & deposit 3.5 3.0
Platform & assets 4.5 4.0
User support 4.0 4.0
Trust score80/10081/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsProprietary web platform (Next Generation), MetaTrader 4, TradingView (integrated), Mobile appAdvanced Trader, MetaTrader 4, MetaTrader 5, Mobile app
Fee modelSpread & commission model varies per product — details not yet verifiedTends toward premium (higher fees than pure forex brokers) in exchange for bank status & security; exact figures not yet verified
Pros & cons
- Public company (LSE FTSE 250, since 1989) regulated by the FCA + Bermuda Monetary Authority
- Highly regarded Next Generation platform + MT4 + TradingView integration
- Broad coverage: forex/share/index CFDs, spread betting, and share dealing
- Historical note: ASIC once ordered retail-client remediation over margin-netting breaches
- Focus on leveraged CFD/spread betting products — high-risk
- Not the choice for those chasing the cheapest cost/raw ECN
- FINMA-licensed Swiss bank + public company (SIX: SQN) — top-tier institutional safety
- Multi-asset: forex/CFDs, stocks, ETFs, bonds, crypto in one place
- Platform choice: Advanced Trader + MT4/MT5
- Fees tend toward premium (not the cheapest) — you 'pay' for bank-grade security
- Less suitable for cost-sensitive scalpers
- Leveraged products are high-risk
Regulation at a glance
CMC Markets
Regulated by the FCA in the UK; holds an additional license from the Bermuda Monetary Authority. Listed on the London Stock Exchange (FTSE 250).
Swissquote
Swissquote Bank Ltd is a licensed bank supervised by FINMA (Switzerland); other entities are supervised by the FCA (UK), DFSA (Dubai), MAS (Singapore), and others. Publicly listed on the SIX exchange (SQN) — high financial transparency.