Head to head
Errante vs Swissquote
Errante is licensed by CySEC in the European Union, and also has an offshore registration. Swissquote is licensed by FINMA in Switzerland; FCA in the United Kingdom; CySEC in the European Union; SFC in Hong Kong and DFSA in Dubai (DIFC), UAE. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.
Minimum deposits start at $50 at Errante and $1,000 at Swissquote (the Prime account needs $50,000). Only Errante offers negative balance protection and segregated client money.
Facts last checked: Errante on 20 October 2026, Swissquote on 20 October 2026.
Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.
Overview
- errante.com
- errante.eu
- swissquote.com
- swissquote.ch
- swissquote.co.uk
- swissquote.eu
- swissquote.cy
Regulation and protection
- CySEC (European Union)
- FSA Seychelles (International)
- FINMA (Switzerland)
- FCA (United Kingdom)
- CySEC (European Union)
- SFC (Hong Kong)
- DFSA (Dubai (DIFC), UAE)
Costs
Leverage and margin
- Major currency pairs (UK: 1:30
- EUR/USD and other major pairs (Swissquote Bank): 1:100 (1% margin)
- Gold (Swissquote Bank): 1:50 (2% margin)
Account
Platforms and features
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- Errante client portal app
- MetaTrader 4
- MetaTrader 5
- CFXD
- TradingView
- FIX API
Deposits and withdrawals
- Bank wire (SWIFT and SEPA)
- Debit and credit card
- E-wallets
- Cryptocurrency
- Bank transfer
Support
Our notes
- EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
- Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
- Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
- Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
- Forex accounts held with a Swiss bank supervised by FINMA, with Swiss depositor protection up to CHF 100,000
- Subsidiaries licensed by the FCA, CySEC and Hong Kong's SFC
- Spread-only pricing with no commission on forex, and live spreads shown per account on its website
- Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
- Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
- Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
- High entry level: $1,000 for Standard, $10,000 for Premium and $50,000 for Prime.
- At Swissquote Bank, Swissquote warns that losses are in theory unlimited and you may have to pay in more if your balance falls below margin
- Inactivity fee of 10 a month in the account currency after only 6 months
- Says Swissquote South Africa (Pty) Ltd holds FSCA licence 43908 (advice and intermediary services); we could not confirm it on the FSCA register on 2026-10-20.
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Risk warnings
The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:
- Errante: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
- Swissquote: Trading leveraged products on the Forex platform, such as foreign exchange, spot precious metals and Contracts for Difference (CFDs), involves significant risk of loss due to the leverage and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. Losses are in theory unlimited and you may be required to make additional payments if your account balance falls below the required margin level and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. Over the past 12 months, 68.22% of retail investors have either lost money when trading CFDs, experienced a total loss of their margin at the closing of their position or ended up with a negative balance after closing their position.
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Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.
Nothing on this page is financial advice. Read the full disclaimer.
