FP Markets vs Swissquote: which broker is better in 2026?
We compare FP 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, Swissquote edges ahead (3.9/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaFP MarketsSwissquote
Overall score 3.8 3.9
Regulation & safety 3.5 4.5
Fees & deposit 4.0 3.0
Platform & assets 4.0 4.0
User support 3.5 4.0
Trust score74/10081/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, IRESSAdvanced Trader, MetaTrader 4, MetaTrader 5, Mobile app
Fee modelRaw spread + commission (Raw) or Standard; competitiveTends toward premium (higher fees than pure forex brokers) in exchange for bank status & security; exact figures not yet verified
Pros & cons
- ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
- Competitive raw spreads
- Operating since 2005
- The global entity (St. Vincent) is less strict than ASIC/CySEC
- Mid-size brand, not a tier-1 giant
- Leverage is high-risk
- 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
FP Markets
Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).
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.