Compare forex brokers Exness VS Swissquote

If you're choosing between Exness and Swissquote forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Exness better than Swissquote? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

EXNESS VS SWISSQUOTE

Exness
Exness Overview

Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.

Swissquote
Swissquote Overview

Swissquote Bank is an online bank as well as a forex and CFD brokerage that provides services to private individuals and institutional traders. Established in Switzerland in 1996 it offers a great way to trade online using the Swiss model of investment.

# Broker's Features EXNESS Availability SWISSQUOTE Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Exness vs Swissquote.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Exness offers Online Financial Trading and Investment Services Such as CFDs on metals, Cryptocurrencycurrency, while Swissquote offers Currencies, Commodities, Indices, Bonds.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Exness is Market Maker, ECN, STP, while Swissquote is Bank, Dealing Desk, Market Maker, No dealing desk,.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Exness recommended minimum capital is 1, while Swissquote has a Minimum Deposit Requirement of .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Exness is regulated by CySEC, FCA, while Swissquote regulated by DFSA, FINMA, SFC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. Exness offers USD, EUR, GBP, JPY different account currencies for each account types, while Swissquote offers account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Exness offers English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, Spanish, while Swissquote offers Arabic, Chinese, English, French, German, Italian, Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Exness offers Credit/Debit Cards, Local Transfer, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types, while Swissquote offers Credit/Debit Cards, Bank Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Exness makes MT4, MT5, WebTrader available to clients, while Swissquote offers Advanced Trader, MT4, MT5.

The Verdict: Exness or Swissquote?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Exness is more reliable based on our criteria above. Exness offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Exness has a wider range of languages in which customer service is offered making the broker more accessible. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Exness broker offers lower minimum deposit requirement. As Exness offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

What We Don’t Like on Swissquote

Swissquote's fees are high. Its trading platform is overcomplicated, and the better part of its research is not free.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?