ForexTime vs. Swissquote
ForexTime
Deposit
200 EUR/USD
Spreads
1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established
2011
Currency Pairs (Total Forex pairs)
35
Country:
Cyprus
Regulation:
Trading app:
Number of CFD asset classes:
6
Broker type:
ECN,
STP
Support:
Funding methods:
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Swissquote
Deposit
1000 EUR/USD
Spreads
3 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established
1996
Currency Pairs (Total Forex pairs)
78
Country:
Switzerland,
UK
Regulation:
Trading app:
Number of CFD asset classes:
7
Broker type:
MM
Support:
Funding methods:
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Winner of the comparison
46%
ForexTime
47%
Swissquote
Winner
Comprehensive Comparison: ForexTime vs Swissquote
A detailed look at two popular brokers from our portfolio
Comparison Result
Winner of this comparison: Swissquote with an overall rating of 47%
ForexTime
Min. Deposit
200
EUR/USD Spread
1.5
Currency Pairs
35
Year Established
2011
Swissquote
Min. Deposit
1000
EUR/USD Spread
3
Currency Pairs
78
Year Established
1996
Key Strengths
ForexTime
- Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
- Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
- Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
Swissquote
- Long-term existence and credibility: Swissquote was founded in 1996 and is publicly traded on the SIX exchange. It is regulated in five Tier-1 jurisdictions.
- Multi-asset offering: Swissquote allows trading with over 3 million financial products, including stocks, options, futures, ETFs, and structured products.
- Choice of trading platforms: The broker offers access to the MetaTrader platform, including additional add-ons such as MetaTrader Master Edition. Additionally, it has its own CFXD platform with TradingView charts.
Our Recommendations
Best for Beginners
Swissquote
Thanks to comprehensive educational materials and a user-friendly platform, Swissquote is an ideal choice for new traders.
Best Platform
Swissquote
The trading platform of broker Swissquote offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
| # | ForexTime | Swissquote |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 35 | 78 |
| CFDs – Total Offered | 250+ | 150+ |
| Options CFD | ||
| Share CFDs | ||
| Forex CFD | ||
| Commodities CFD | ||
| ETF CFD | ||
| Indicies CFD | ||
| Cryptocurrency traded as actual | ||
| Cryptocurrency traded as CFD | ||
| Investments rating | ||
| Winner |
Cost
| # | ForexTime | Swissquote |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1.5 | 3 |
| Deposit from | 200 | 1000 |
| Account fee | ||
| Inactivity fee | ||
| Active Trader or VIP Discounts | ||
| Withdrawal fees | ||
| Deposit fees | ||
| Cost rating | ||
| Winner |
Trading app
| # | ForexTime | Swissquote |
|---|---|---|
| Desktop Platform (Windows) | ||
| Web Platform | ||
| Social Trading / Copy-Trading | ||
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Currenex | ||
| cTrader | ||
| Trading Platforms rating | ||
| Winner |
Trading Tools
| # | ForexTime | Swissquote |
|---|---|---|
| Financial leverage | ||
| Virtual Trading (Demo) | ||
| Alerts – Basic Fields | ||
| Charting – Indicators / Studies (Total) | ||
| Charting – Drawing Tools (Total) | ||
| Charting – Trade From Chart | ||
| Stop-Loss | ||
| Finacial Calendar | ||
| Daily financial news | ||
| Order Type – Trailing Stop | ||
| Trading Tools rating | ||
| Winner |
Research
| # | ForexTime | Swissquote |
|---|---|---|
| Daily Market Commentary | ||
| Forex News (Top-Tier Sources) | ||
| Weekly Webinars | ||
| Social Sentiment – Currency Pairs | ||
| Economic Calendar | ||
| Research | ||
| Research rating | ||
| Winner |
Education
| # | ForexTime | Swissquote |
|---|---|---|
| Has Education – Forex | ||
| Has Education – CFDs | ||
| Client Webinars | ||
| Videos – Advanced Trading Videos | ||
| Investor Dictionary (Glossary) | ||
| Education | ||
| Education rating | ||
| Winner |
Forex
| # | ForexTime | Swissquote |
|---|---|---|
| GBP/USD | ||
| USD/JPY | ||
| EUR/USD | ||
| USD/CHF | ||
| USD/CAD | ||
| NZD/USD | ||
| AUD/USD | ||
| Major Forex Pairs rating | ||
| Winner |
Commodities
| # | ForexTime | Swissquote |
|---|---|---|
| Gold | ||
| Silver | ||
| WIT Oil | ||
| Brent Oil | ||
| Coffee | ||
| Cocoa | ||
| Soybeans | ||
| Rice | ||
| Corn | ||
| Platinum | ||
| Palladium | ||
| Commodities rating | ||
| Winner |
Indicies
| # | ForexTime | Swissquote |
|---|---|---|
| DAX 40 | ||
| S&P 500 | ||
| Nasdaq | ||
| Dow Jones | ||
| Nikkei | ||
| Indices rating | ||
| Winner |
Cryptocurrencies
| # | ForexTime | Swissquote |
|---|---|---|
| Bitcoin | ||
| Litecoin | ||
| Ethereum | ||
| Ripple | ||
| Neo | ||
| Stellar | ||
| Cardano | ||
| Tron | ||
| Monero | ||
| EOS | ||
| Cryptocurrencies rating | ||
| Winner |
Regulations
| # | ForexTime | Swissquote |
|---|---|---|
| Cysec | ||
| ASIC (Australia) | ||
| FCA (UK) | ||
| Authorised in the European Union (EU) | ||
| CFTC Registered (USA) | ||
| FINMA (Switzerland) | ||
| Regulations rating | ||
| Winner |
Support
| # | ForexTime | Swissquote |
|---|---|---|
| Chat | ||
| Phone | ||
| Support rating | ||
| Winner |
Overall
| # | ForexTime | Swissquote |
|---|---|---|
| Go to the full broker review | ForexTime | Swissquote |
| Win / Loss % | 46% | 47% |
| Winner |
