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.
Swissquote, founded in 1996, is a well-established online broker known for its high trust rating. As a publicly traded company and a bank, Swissquote holds a ForexBrokers.com Trust Score of 99, making it one of the highest-rated brokers in terms of reliability. This score is supported by the company holding five highly trusted Tier-1 licenses and two trusted Tier-2 licenses. These credentials highlight Swissquote's strong regulatory standing and commitment to security in the financial industry.
In comparison, Exness, founded in 2008, also presents a trustworthy option, though it is not publicly traded nor a bank. With a ForexBrokers.com Trust Score of 81, Exness falls into the trusted category, backed by two highly trusted Tier-1 licenses and three trusted Tier-2 licenses. While it does not match Swissquote's extensive regulatory credentials, Exness still offers a solid level of reliability within the online brokerage space.
| Feature |
Swissquote
|
Exness
|
|---|---|---|
| Year Founded | 1996 | 2008 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
When considering online brokers like Swissquote and Exness for your trading needs, understanding the differences in their commissions and fees is crucial. Swissquote, a Swiss banking conglomerate, provides multiple account types with variable costs depending on the location of the entity you register with. Their U.K. entity offers lower trading costs and deposit requirements compared to its counterparts in Switzerland and Luxembourg. The Standard account typically has spreads starting at 1.3 pips, while more premium accounts like the Prime and Elite offer tighter spreads from 0.6 pips but require higher deposits. With a 3.5-star rating, Swissquote ranks 52nd out of 62 brokers for commissions and fees according to ForexBrokers.com, suggesting that while it offers Swiss banking credibility, it may not be the most cost-effective option for traders.
Exness, on the other hand, stands out with a more extensive suite of account types that include two standard and three professional options, along with specialized accounts for social copy trading. Traders opting for Exness can benefit from lower spreads on the commission-based Zero Spread and Raw accounts, with the latter featuring per-trade commissions up to $7 per round turn lot. These accounts provide market execution with no leverage restrictions, making them attractive to cost-conscious traders. Exness earns a 4-star rating in this category and is ranked 35th out of 62 brokers, illustrating its competitive edge in offering cost-efficient trading conditions.
Both Swissquote and Exness present unique benefits, with Swissquote appealing to those who prioritize a Swiss banking relationship, albeit at a higher cost. In contrast, Exness serves as a more affordable option with flexible trading options across its five core account types. Ultimately, traders should assess their own priorities and choose a broker that aligns best with their financial and strategic objectives.
| 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 Swissquote and Exness in terms of the range of investments they offer, Swissquote clearly shines with a larger selection. With 472 tradeable symbols, Swissquote nearly doubles the offering of Exness, which has 227. Although both platforms support a similar forex trading experience with Swissquote providing 80 forex pairs and Exness offering 96, Swissquote's edge lies in its broader range of product options. Besides forex, Swissquote also enables clients to purchase exchange-traded securities from U.S. and international markets, offering direct access to companies like Apple and Vodafone. Exness, on the other hand, does not offer this option, focusing instead predominantly on CFD trading.
Both Swissquote and Exness allow investors to engage in copy trading and offer cryptocurrency derivatives. However, only Swissquote provides the option to buy actual cryptocurrencies. This significant breadth in product offerings is reflected in their ratings, with Swissquote receiving 5 stars for its range of investments compared to Exness's 3.5 stars rating. Furthermore, Swissquote is ranked impressively as number two in the 'Range of Investments' category by ForexBrokers.com, while Exness is placed at position 55. These distinctions underscore Swissquote's capability to cater to a wider array of investor needs.
| 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 provide traders with a wide range of features tailored for a seamless trading experience. Both offer a virtual demo account, which is perfect for beginners looking to practice before diving into live trading. They also provide proprietary platforms developed in-house, alongside popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. The versatility of having both a Windows-based desktop download option and a web-based trading platform ensures traders can choose how and where they want to trade. Both brokers enable users to trade directly from stock charts, making real-time trading decisions convenient and straightforward.
When comparing charting tools, Swissquote boasts 75 drawing tools, while Exness goes a step further with 87. Swissquote allows for more detailed watchlist customization with 11 columns, compared to Exness's 7. However, neither broker offers DupliTrade or ZuluTrade. Swissquote edges slightly ahead in overall platform ratings, with a 4.5 out of 5 stars compared to Exness's 4 stars. Swissquote also ranks higher in the Trading Platforms and Tools category by ForexBrokers.com, placing 12th out of 62 brokers, while Exness ranks 26th.
| 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.
When considering mobile trading apps, both Swissquote and Exness cater to Apple and Android users by offering apps available for download. Users of both platforms will appreciate receiving stock and forex price alerts directly to their devices. With regard to charting capabilities, Swissquote provides 30 technical studies, slightly fewer than the 35 available with Exness. Both apps allow traders to draw trendlines and view multiple time frames on charts, such as daily, weekly, or intraday, adding flexibility to their trading analysis. However, Swissquote's app automatically saves chart drawings, a convenient feature that Exness lacks.
In terms of watchlist functionalities, both apps allow traders to create customized watchlists with real-time quotes. An important distinction is that neither Swissquote nor Exness sync watchlist symbols between mobile apps and online accounts, which may require traders to manually update their preferences across platforms. Despite this, Swissquote receives a slightly higher mobile trading app rating of 4.5 stars, compared to 4 stars for Exness, and ranks 11th out of 62 brokers in the mobile trading apps category by ForexBrokers.com. Meanwhile, Exness is positioned at the 26th slot. This comparison highlights Swissquote's edge in overall mobile app satisfaction and ranking.
| 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 #43.
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
|
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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2 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 | 2 | 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) | Yes | 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 |
| Overall | Swissquote | Exness | |
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| Trust Score | 99 | 81 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Exness Review |
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