Head-to-head comparison

FXOpen vs Swissquote

A side-by-side look at FXOpen and Swissquote — score, fees, platforms and who each one actually fits best.

FXOpen

ECN legacy broker

★ ★ ★ ★★ ★ 3.8

Needs fresh English review before stronger recommendation

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Swissquote

Swiss-regulated, premium banking

★ ★ ★ ★ ★ 4.3

Licensed Swiss bank, listed on the SIX exchange (SWX: SQN) — premium positioning with real Swiss banking security.

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Quick verdict

Swissquote scores higher overall (4.3 vs 3.8), but a higher score doesn't automatically mean it's the right pick for you.

FXOpen is the stronger fit for eCN-style forex trading and older MetaTrader workflows, while Swissquote is built more around traders who value Swiss banking regulation and reputation.

Regulation: FXOpen — FCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024. Swissquote — FINMA (Switzerland), FCA (UK).

Minimum deposit: FXOpen — Depends on account type. Swissquote — $1,000, varies by account.

Side by side

FXOpenSwissquote

Best forECN-style forex trading and older MetaTrader workflowsTraders who value Swiss banking regulation and reputation

PlatformsMT4, MT5, TickTraderAdvanced Trader, MT4/MT5

RegulationFCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024FINMA (Switzerland), FCA (UK)

Minimum depositDepends on account type$1,000, varies by account

FXOpen strengths

Long-running brand
ECN positioning
Existing affiliate tracking

Swissquote strengths

Licensed Swiss bank
Publicly listed (SIX exchange)
Strong reputation/security

Which one should you pick?

Pick FXOpen if you're mainly after eCN-style forex trading and older MetaTrader workflows. It stands out for long-running brand and eCN positioning.

Pick Swissquote if you're mainly after traders who value Swiss banking regulation and reputation. It stands out for licensed Swiss bank and publicly listed (SIX exchange).

Common questions