Head to head
FxPro vs Swissquote
FxPro is licensed by FCA in the United Kingdom, CySEC in the European Union and SCB in The Bahamas, 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.
On its cheapest account per lot, FxPro costs about $9.6 per standard lot on EUR/USD (Raw+ account: 0.3 pips plus $7 commission); Swissquote costs about $12 (Prime account: 1.2 pips, no commission). On these typical figures FxPro is $2.4 cheaper per lot, or $24 a month at 10 lots. Swap and other fees are extra.
Minimum deposits start at $0 at FxPro and $1,000 at Swissquote (the Prime account needs $50,000). Only FxPro offers negative balance protection and segregated client money.
Facts last checked: FxPro 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.
Broker
Comparing
FxProRaw+ account · United Kingdom
SwissquotePrime account · Switzerland
Overview
Founded
Not yet checked
Not yet checked
Headquarters
London, United Kingdom
Switzerland
Official websites
- fxpro.com
- fxpro.co.uk
- 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
FxPro UK Limited
Swissquote Bank Ltd (Swissquote Bank SA)
Regulation level
Strictly regulated
Strictly regulated
Clients this company serves
UK residents
Swiss residents and international clients not served by a local Swissquote company
All licences held
- FCA (United Kingdom)
- CySEC (European Union)
- SCB (The Bahamas)
- FSA Seychelles (Seychelles)
- FINMA (Switzerland)
- FCA (United Kingdom)
- CySEC (European Union)
- SFC (Hong Kong)
- DFSA (Dubai (DIFC), UAE)
FSCS for eligible clients of FxPro UK Limited; ICF for eligible clients of the Cyprus 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
$96$9.6 per lot × 10 lots
$120$12 per lot × 10 lots
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
Leverage and margin
1:30 on major pairs for UK and EU retail clients; dynamic leverage with no fixed cap on major pairs at the Bahamas company
1:30 on major pairs (UK, EU); 1:100 standard at Swissquote Bank
Retail leverage by asset class
- Major currency pairs: 1:30 (UK/EU); dynamic, no fixed cap (Bahamas)
- Minor currency pairs: 1:20 (UK/EU); 1:500 (Bahamas)
- Gold: 1:20 (UK/EU); 1:10000 (Bahamas)
- Major indices: 1:20 (UK/EU); 1:500 (Bahamas)
- Energies: 1:10 (UK/EU); 1:200 (Bahamas)
- Shares and ETFs: 1:5 (UK/EU); 1:25 (Bahamas)
- Cryptocurrencies: 1:2 (UK/EU); 1:500 (Bahamas)
- 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)
Stop-out level
50% for UK and EU retail accounts; FxPro states 0% for accounts at its global entity
30%
Account
Minimum deposit (this account)
$0
$50,000
Market execution, raw spread plus $3.50 per side commission (MT4 and MT5)
Spread only, minimum trade 1 lot
Platforms and features
Platforms
- FxPro platform and app
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- MetaTrader 4
- MetaTrader 5
- CFXD
- TradingView
- FIX API
Markets
2,100+ CFDs on forex, metals, indices, energy, futures, cryptocurrencies, shares and ETFs
About 130 currency pairs, metals and CFDs on indices, commodities and bonds
Copy trading
No
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 transfer
- Local bank transfer
- Debit or credit card
- E-wallet
- Bank transfer
Withdrawal fee
No FxPro fee on deposits or withdrawals; e-wallet withdrawals may be charged if you have not traded
Not yet checked
Inactivity fee
None stated; live accounts are disabled after 3 months without activity and can be reactivated on request
10 units of the account currency a month after 6 months without activity
Support
Customer support
24/5 by live chat, email and phone
Not yet checked
Our notes
Strengths
- UK company authorised by the FCA and EU company licensed by CySEC, both strict regulators
- Client money held in segregated accounts, with negative balance protection for all clients
- Raw+ account costs about $9.60 per lot on EUR/USD, against about $14.90 on Standard
- 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 UK and EU usually join the Bahamas company, with lighter rules and no FSCS or ICF cover
- Leverage at the Bahamas company is dynamic with no fixed cap on major pairs, which magnifies losses
- Live accounts are disabled after 3 months of inactivity
- 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:
- FxPro: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand how CFDs work and whether you can afford to take the high risk of losing your money.
- 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.