Compare FXOpen vs Swissquote

Winner of the comparison

If you don’t want to read the full comparison, the winner of our review is Swissquote, which takes the lead with a rating of 47%, while FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while Swissquote sets it at 1000 EUR/USD. Thanks to the lower deposit, FXOpen is more welcoming to traders with smaller budgets. For FXOpen, the spread is 1 EUR/USD, while for Swissquote it is 3 EUR/USD. Tighter spreads make FXOpen a more advantageous choice. FXOpen offers 95 forex pairs, while Swissquote provides 78. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while Swissquote has been operating since 1996. The older Swissquote has the upper hand in this regard. This advantage goes to Swissquote, while FXOpen lacks it. FXOpen is overseen by 2 regulatory bodies, while Swissquote has 2. In terms of regulation, both are equal. FXOpen supports 3 platforms, while Swissquote offers 3. In terms of platform count, both are on the same level.