Choose FP Markets if you want…
Australian + EU traders wanting deep equity CFD coverage via IRESS plus ECN FX execution from a dual-tier-1 broker.
FP Markets
⭐ 4.5 / 5
VS
Swissquote
⭐ 4.6 / 5
FP Markets vs Swissquote — which broker is better in 2026?
We compared FP Markets and Swissquote across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Swissquote wins on more criteria (3 categories vs 2), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
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| FP Markets | Swissquote | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.6 / 5 | Swissquote |
| Regulators | ASIC, CySEC, FSCA, FSA SVG | FINMA, FCA, DFSA, SFC HK, CySEC, MFSA | Swissquote |
| Min. deposit | $100 | $1,000 | Swissquote |
| Spreads from | 0.0 pips (Raw) | 1.1 pips (Standard) / 0.6 pips (Premium) / 0.0 pips (Prime) | FP Markets |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:100 (Pro) | — |
| Platforms | MT4, MT5, cTrader, IRESS, FP Markets Mobile | Advanced Trader, MT4, MT5, Swissquote Mobile | FP Markets |
| Founded | 2005 | 1996 | — |
| HQ | Sydney, Australia | Gland, Switzerland | — |
Pros & cons compared
FP Markets pros
- ✓ Founded 2005 — 20+ year operating history
- ✓ ASIC + CySEC dual tier-1 regulation
- ✓ Raw account: 0.0 pips + $3/lot commission per side
- ✓ Five platforms incl. IRESS — DMA access to ASX & global equities
- ✓ 10,000+ share CFDs across 9 international exchanges
Cons
- ✗ $100 minimum deposit higher than budget brokers
- ✗ Smaller brand than IC Markets / Pepperstone
- ✗ IRESS platform has steeper learning curve than MT4
Swissquote pros
- ✓ Founded 1996 — Swiss bank with full FINMA banking license
- ✓ Listed on SIX Swiss Exchange (SQN) — full audited financials
- ✓ Swiss bank-grade segregation + capital adequacy
- ✓ 3 million+ products: forex, CFDs, stocks, ETFs, options, crypto
- ✓ Award-winning Advanced Trader proprietary platform
Cons
- ✗ $1,000 minimum deposit — higher than most retail brokers
- ✗ Spreads on Standard account uncompetitive (1.1+ pips)
- ✗ Lower leverage caps even for offshore entities
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Which one should you choose?
Choose Swissquote if you want…
High-net-worth EU traders wanting Swiss bank-grade safety + integrated banking alongside trading.
Frequently asked questions
Which is better — FP Markets or Swissquote?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Swissquote wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is FP Markets more regulated than Swissquote?
FP Markets holds licenses from: ASIC, CySEC, FSCA, FSA SVG. Swissquote holds licenses from: FINMA, FCA, DFSA, SFC HK, CySEC, MFSA. Swissquote has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at FP Markets vs Swissquote?
FP Markets spreads start from 0.0 pips (Raw). Swissquote spreads start from 1.1 pips (Standard) / 0.6 pips (Premium) / 0.0 pips (Prime). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, FP Markets or Swissquote?
FP Markets: $100. Swissquote: $1,000. Swissquote has the lower entry barrier.