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.

Broker 1
Broker 2
Broker 3

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.

Comparing
ErranteEuropean Union
SwissquotePrime account · Switzerland

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Mahé, Seychelles (EU company in Cyprus)
Switzerland
Official websites
  • errante.com
  • errante.eu
  • swissquote.com
  • swissquote.ch
  • swissquote.co.uk
  • swissquote.eu
  • swissquote.cy
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Notely Trading Ltd
Swissquote Bank Ltd (Swissquote Bank SA)
CySEC
European Union
FINMA
Switzerland
Regulation level
Strictly regulated
Strictly regulated
Licence number
Clients this company serves
Residents of EU and EEA countries, through errante.eu
Swiss residents and international clients not served by a local Swissquote company
All licences held
  • CySEC (European Union)
  • FSA Seychelles (International)
  • FINMA (Switzerland)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • SFC (Hong Kong)
  • DFSA (Dubai (DIFC), UAE)
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
Swiss depositor protection up to CHF 100,000 (Swissquote Bank); FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus)

Costs

Your monthly cost
No accounts listed
$120$12 per lot × 10 lots
No accounts listed
$12
No accounts listed
1.1 pips
No accounts listed
1.2 pips
No accounts listed
None
Typical GBP/USD spread
Not yet checked
1.6 pips
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Yes
Not yet checked

Leverage and margin

Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
1:30 on major pairs (UK, EU); 1:100 standard at Swissquote Bank
Retail leverage by asset class
Not yet checked
  • 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)
100%
100% (maintenance margin)
Stop-out level
20%
30%

Account

Minimum deposit (this account)
No accounts listed
$50,000
No accounts listed
Not yet checked
No accounts listed
Spread only, minimum trade 1 lot

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Errante client portal app
  • MetaTrader 4
  • MetaTrader 5
  • CFXD
  • TradingView
  • FIX API
Markets
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency CFDs
About 130 currency pairs, metals and CFDs on indices, commodities and bonds
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank wire (SWIFT and SEPA)
  • Debit and credit card
  • E-wallets
  • Cryptocurrency
  • Bank transfer
Withdrawal fee
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
Not yet checked
Inactivity fee
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
10 units of the account currency a month after 6 months without activity

Support

Customer support
24/7 support by live chat and email (support@errante.com)
Not yet checked

Our notes

Strengths
  • 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
Watch out for
  • 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.

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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Other head-to-head pages

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.

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