CFI Markets
Swissquote
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Overview
CFI Markets was founded in 2012 and is headquartered in Cyprus, while Swissquote was established in 1999 and is based in Switzerland. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CFI Markets serves 10,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $100 at CFI Markets and $0 at Swissquote.
| Feature | CFI Markets | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Financial Conduct Authority (FCA) |
| Founded | 2012 | 1999 |
| Country | Cyprus | Switzerland |
| Clients | 10,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between CFI Markets and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $100 at CFI Markets). CFI Markets charges withdrawal fees while Swissquote does not, a notable advantage for frequent withdrawers. CFI Markets applies inactivity fees on dormant accounts; Swissquote does not. CFI Markets charges deposit fees; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.
| Feature | CFI Markets | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
CFI Markets offers MT4, MT5, cTrader, while Swissquote supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. CFI Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | CFI Markets | Swissquote |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CFI Markets and Swissquote compare. CFI Markets runs regular live webinars; Swissquote does not. Both provide video tutorials. CFI Markets publishes daily market commentary; Swissquote does not. Both integrate third-party research tools. CFI Markets maintains an archive of past webinars for on-demand viewing. CFI Markets scores higher overall in education and research.
| Feature | CFI Markets | Swissquote |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Swissquote supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | CFI Markets | Swissquote |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CFI Markets and Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. CFI Markets supports 2 languages and Swissquote supports 8, giving Swissquote broader global reach. Both brokers are comparable on support quality.
| Feature | CFI Markets | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |