Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 1996, Swissquote stands out as a highly rated online broker with a Trust Score of 99 from ForexBrokers.com, marking it as highly trusted. Notably, Swissquote is publicly traded and functions as a bank, enhancing its standing among investors. It holds five Tier-1 licenses, which are regarded as highly trusted, and one Tier-2 license. These credentials underscore its steadfast commitment to compliance and customer security.
Exness, on the other hand, was established in 2008 and has earned a Trust Score of 81, categorizing it as trusted. Unlike Swissquote, Exness is not publicly traded and does not operate as a bank. It holds two Tier-1 licenses and three Tier-2 licenses. While Exness presents a lower Trust Score compared to Swissquote, it still achieves recognition for its reliability and dedication to regulatory standards.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Year Founded | 1996 | 2008 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
When considering online broker options, Swissquote and Exness present distinct differences in their commissions and fees structures. Swissquote, a Swiss banking conglomerate, provides services across its U.K., Swiss, and Luxembourg entities. Among these, the U.K. accounts are more cost-effective with reduced deposit requirements, though they offer fewer products. Notably, their Elite account offers lower spreads at a $5 per trade commission, ideal for active traders depositing at least $10,000. Their Prime and Standard accounts, with various spread options, cater to different deposit capacities. Despite its reputable banking affiliation, Swissquote earns a 3.5-star rating and ranks 52nd out of 62 brokers for commissions and fees, reflecting its higher costs compared to some peers.
In contrast, Exness provides a versatile selection of accounts, including two standard and three professional types, plus specialized options for social trading. Their commission-based accounts, such as the Zero Spread and Raw, stand out with lower spreads and set per-trade commissions. The Zero Spread account features a minimal $0.05 trade commission, while the Raw account charges up to $7 per round turn lot, both offering unrestricted leverage and market execution. Exness also provides flexibility with margin stop-out levels, distinguishing its offerings for diverse trading needs. The broker secures a 4-star rating and ranks 38th out of 62 in the Commissions and Fees category, showcasing its competitive pricing strategy.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Minimum Deposit | $1000 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Swissquote and Exness, there are notable distinctions that cater to different trading needs. Swissquote boasts a broad spectrum of 472 tradeable symbols, compared to Exness's offering of 227. For forex enthusiasts, Swissquote provides access to 80 forex pairs, slightly fewer than Exness's 96 forex pairs. However, Swissquote holds a significant edge in offering exchange-traded securities on both U.S. and international exchanges, allowing clients to buy shares of major companies like Apple and Vodafone. Conversely, Exness does not provide such services for buying non-CFD-based shares.
In the realm of cryptocurrency, Swissquote enables users to purchase actual cryptocurrencies along with derivatives, whereas Exness specializes solely in cryptocurrency derivatives. Both brokers facilitate copy trading for users looking to follow experienced traders. Evaluated for their range of investments, Swissquote receives a stellar rating of 5 stars and ranks #2 out of 62 brokers according to ForexBrokers.com. Exness, on the other hand, receives a rating of 3.5 stars, securing the #56 spot in the same category, reflecting a more moderate range of investment options in comparison to Swissquote.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 227 |
| Forex Pairs (Total) | 80 | 96 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Swissquote and Exness both cater to traders looking for versatile platforms and tools. Both brokers offer free virtual demo accounts, making it easy for new and experienced traders to test strategies without financial risk. They provide proprietary platforms and support for popular MetaTrader 4 and MetaTrader 5. Whether you prefer a Windows-based desktop application or a browser-based trading interface, both Swissquote and Exness have you covered. Additionally, copy trading is available with both brokers, enhancing the ways you can engage with the markets.
In terms of advanced features, Swissquote and Exness allow trading directly from stock charts and offer a wide range of drawing tools with 75 available through Swissquote and 87 through Exness. Watch list functionality varies as Swissquote offers more fields for custom columns—11 compared to Exness’s 7. However, Swissquote edges slightly ahead in the tools ranking, having received a 4.5-star rating and an 11th place rank on ForexBrokers.com, whereas Exness holds a 4-star rating and is ranked 31st. Despite these differences, both brokers provide robust platforms that can suit various trading styles.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 107 |
| Charting - Drawing Tools (Total) | 75 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and Exness provide mobile trading apps for iPhone and Android users, making it easy to trade on-the-go. They both offer essential features like stock and forex price alerts and the ability to create watchlists with real-time quotes. However, there's a notable difference in their charting capabilities. Swissquote supports 30 technical studies and allows for drawing trendlines with auto-save features on charts, whereas Exness offers a slightly higher number of 35 technical studies but lacks the auto-save functionality for drawings.
Another difference lies in the ratings and rankings. Swissquote's mobile app is rated 4.5 out of 5 stars and holds the 10th spot among 62 brokers according to ForexBrokers.com. In contrast, Exness' app gets a 4-star rating and ranks 32nd. Although neither platform syncs watchlist symbols between the mobile app and online account, Swissquote seems to have a slight edge in terms of user experience and charting tools.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote and Exness both provide valuable resources for market research, catering to diverse trading needs. Each platform offers daily market commentary and delivers forex news from prestigious sources such as Bloomberg and Reuters, ensuring traders stay informed with credible information. For those interested in technical analysis, Swissquote provides tools from Autochartist, whereas Exness features alternatives from Trading Central. However, Exness stands out with a sentiment-based trading tool, giving users insight into the ratio of long and short positions, which Swissquote does not offer.
Both brokers supply an economic calendar showcasing key news events from global economies, but neither collaborates with TipRanks or Acuity Trading for additional research tools. Despite some differences in offerings, Swissquote and Exness earn solid ratings for research, with Swissquote receiving 4 stars and ranking #16, while Exness follows closely with 3.5 stars and a rank of #41, according to ForexBrokers.com. Exploring these features can help traders make informed decisions suited to their personal preferences and trading strategies.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Swissquote outshines Exness by offering a comprehensive set of tools and materials. Both brokers provide a variety of educational content like articles, videos, and archived webinars focused on forex and CFDs, giving newcomers plenty of opportunities to learn the basics. However, Swissquote takes it a step further by providing monthly client webinars and access to a searchable archive of these sessions, offering a more interactive learning experience. Additionally, Swissquote has a broader range of advanced educational videos tailored for experienced traders, while Exness does not.
For those unfamiliar with trading terminology, both platforms offer an investor dictionary featuring over 50 essential investing terms. In terms of ratings, Swissquote receives a stronger score of 4 stars for its educational offerings compared to Exness's 3.5 stars. Furthermore, Swissquote is ranked 21st out of 62 brokers in the Education category by ForexBrokers.com, significantly ahead of Exness, which is positioned at 47th. If you're a beginner looking for a more comprehensive educational experience, Swissquote might suit your needs better than Exness.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Exness. Swissquote finished with an overall rank of #11, while Exness finished with an overall rank of #41.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 81 |
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Swissquote stands out for offering both the purchase of actual cryptocurrencies and cryptocurrency derivatives, while Exness provides access only to cryptocurrency derivatives, not the actual delivered cryptocurrencies.
When comparing online brokers Swissquote and Exness, Swissquote supports a wider range of deposit and withdrawal options, including ACH and SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, whereas Exness accepts Skrill, Visa or Mastercard, and bank wires, but lacks ACH, SEPA, and PayPal options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Swissquote | Exness | |
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| Trust Score | 99 | 81 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Exness Review |
| Broker Screenshots | Swissquote | Exness | |
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| Regulation | Swissquote | Exness | |
|---|---|---|---|
| Trust Score | 99 | 81 | |
| Year Founded | 1996 | 2008 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | Swissquote | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 227 | |
| Forex Pairs (Total) | 80 | 96 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Exness | |
|---|---|---|---|
| Minimum Deposit | $1000 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | Exness | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 107 | |
| Charting - Drawing Tools (Total) | 75 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | Exness | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review | Exness Review |
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| Trust Score | 99 | 81 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Exness Review |
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