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Forex.com logo

Forex.com

7.4/10

swiss markets

7.7/10
10/10RegulationTied10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
6.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Forex.com was founded in 2001 and is headquartered in United States, while swiss markets was established in 2012 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Forex.com serves 150,000+ clients worldwide; swiss markets has 10,000+. The minimum deposit is Typical at Forex.com and $250 at swiss markets.

swiss markets wins this category
FeatureForex.comswiss markets
Min. DepositTypical$250
RegulationFinancial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F315
Founded20012012
CountryUnited StatesUSA
Clients150,000+10,000+

Fees

Fees are a critical factor when choosing between Forex.com and swiss markets, directly affecting your bottom line as a trader. swiss markets has a lower barrier to entry with a minimum deposit of $250 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Forex.com charges deposit fees; swiss markets does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureForex.comswiss markets
Min. DepositTypical$250
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Forex.com offers MT4, MT5, cTrader, while swiss markets supports MT4, 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. The two brokers are closely matched on platform offering.

Tied
FeatureForex.comswiss markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Forex.com and swiss markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureForex.comswiss markets
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while swiss markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). swiss markets uniquely supports Skrill and Neteller among the two brokers. swiss markets scores higher on deposit and withdrawal flexibility.

swiss markets wins this category
FeatureForex.comswiss markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex.com and swiss markets offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and swiss markets supports 8, giving swiss markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForex.comswiss markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, ArabicEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic