FP Markets Vs. Swissquote - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74.34% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.	Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.
Best For
Professional traders looking for DMA pricing on their stocks Professional traders looking to set up a dedicated VPS High volume share traders that benefit from DMA pricing	Traditional equity investors looking for a broad range of markets Experienced traders looking to benefit from their amazing research tools
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)	FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)
The Good
Competitive spreads From 0 pips MT4 and MT5 offered Over 10,000 + shares	Outstanding asset offering with more than 60 exchanges across the world Amazing research and analysis tools for all trader levels Thematic investments with preconfigured product baskets Offers banking services along with debit card
The Bad
No ETFs are offered Stock trading commissions are expensive when compared to similar brokers Website is slow and confusing Fees for the majority of deposit and withdrawal methods	Their proprietary platform lacks many features and is not user friendly Their commissions are extremely high Overall everything feels complicated to use
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2005	1996
💳 Minimum Deposit Range
$100	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Neteller Skrill FasaPay PayTrust China Union Pay Bpay Broker to broker Sticpay Plusdebit Rupee Payments Dragonpay Perfect Money Paylivre Rapyd Finrax Fairpay	Visa Mastercard Bank Transfer
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, BE, NZ, SY.	US, JP, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	Yes
Banking License
No	Yes
Debit Card
No	Yes
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
10,403	175,533
Exchange Access
0	60
📙 Real Stocks
0	100,000
📙 Stock CFDs
10,000	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
63	80
📗 Commodities
0	0
📗 Commodities CFDs
15	12
📕 Indices
0	0
📕 Indices CFDs
17	26
📔 ETFs
0	1,400
📔 ETFs CFDs
295	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	12
📒 Bonds
0	54,000
📒 Bonds CFDs
2	3
📓 Options
0	10,000
📓 Options CFDs
0	0
📗 Futures
0	10,000
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable	From $50
📉 Minimum ETFs Trade Size
Unavailable	From $50
📈 Minimum Crypto Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold)	From $50
📉 Minimum Bonds Trade Size
Unavailable	From $50
📈 Minimum Futures Trade Size
Unavailable	From $50
📉 Minimum Options Trade Size
Unavailable	From $50
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.	$10 per withdrawal.
💰 Commissions
No commission on their Standard Account $3 per side (lot) commission on their RAW Account	For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 40 to 60 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $9 to $21	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	Yes
📡 Account Management
Yes	No
📡 Webinars
Yes	No