Review Market logoReviewMarket
Compare brokers
← All comparisons
Plus500
VS
Swissquote

Plus500 vs Swissquote: which broker is better in 2026?

We compare Plus500 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

CriteriaPlus500Swissquote
Overall score 3.8 3.9
Regulation & safety 4.0 4.5
Fees & deposit 3.5 3.0
Platform & assets 4.0 4.0
User support 3.5 4.0
Trust score76/10081/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsProprietary web platform, iOS/Android mobile appAdvanced Trader, MetaTrader 4, MetaTrader 5, Mobile app
Fee modelSpread model (no separate commission) — exact spreads not yet verified in detailTends toward premium (higher fees than pure forex brokers) in exchange for bank status & security; exact figures not yet verified

Pros & cons

Plus500
  • Public company (LSE FTSE 250) with layered regulation (FCA UK, MAS Singapore)
  • Simple, beginner-friendly proprietary platform, no separate commission (spread model)
  • Broad instrument coverage: share/forex/commodity/index CFDs + futures & share dealing
  • Historical note: £205,128 FCA fine (2012) for inaccurate transaction reporting + a past dispute with the Belgian regulator (FSMA)
  • Own platform only — no MT4/MT5/cTrader for advanced traders
  • Leveraged CFD model is high-risk (most retail accounts lose money — standard industry warning)
Swissquote
  • 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

Plus500

Listed on the London Stock Exchange (FTSE 250). The UK entity (Plus500UK Ltd) is supervised by the FCA; the Singapore entity (Plus500SG) holds a Capital Markets Services license from MAS. Check which entity serves your country — regulation differs per 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.