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HFM vs Swissquote : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

HFM

HFM

VS
Swissquote

Swissquote

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker broker

STP

Years of Existence / Established Year

2010

1996

Customer Base / Number of Accounts

2500000 clients

610,000 accounts


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Regulation & Security

Regulations (governing bodies)

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

FINMA CySEC FCA, DFSA

Awards Won (count for the last 2 years)

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

No major awards listed

Security Measures

Civil Liability insurance program with a limit of €5,000,000

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 500 markets including energies

9000+ Markets including ETNs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HFM Platform, Web trading, Mobile trading

CFXD Swissquote App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Cent, Zero, Pro , Premium, Corporate, Joint account

Standard Premium Prime Professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

€0

Leverage Available

1:1000- 1:2000

1:100- 1 : 400

Trade Limit (maximum per trade)

60/ 200 Standard lots per position depends on account types

Varies by instrument

Commission (per account type)

$0

€0

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Wire Transfer Credit/ Debit cards

Withdrawal Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Wire Transfer Credit/ Debit cards

Other E-Wallets Supported

FasaPay, Neteller

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Webinars, eBooks and Guides, Video Tutorials

AI generated sentiment analylsis Portfolio performance chart Recurring orders & Securities lending Stress test tool, ESG feature


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Fees & Commissions

Trading-Related Fees

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

Stocks - 0.1%, ETFs - 0.1%, Options / Futures - 2 Euro per contract, OTC Orders/ Grey market / other markets: 0.50%, minimum 100 currencies, Cryptocurrencies- €25 - 10,000 - 1%, Mutual funds - €24.95 minimum commission

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

NA

0.00 pips

Options Contract Fees

NA

€0.85 per transaction

Futures Contract Fees

NA

NA

Markup Fees on Spread

$0

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

34:20:00

1:400


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

NA

Subscription Fees (for premium features, data feeds)

$0

Others- 0.25%Mutual funds - 0.5%

Advisory Fees

NA

€0

Swap Fees (Overnight Financing)

$0

Yes

Statement or Document Fee

NA

EUWAX Market - 0.1%

Account Opening Fee

$0

€0

Account Maintenance Fee

$0

Quarterly Custody Fees for Cash Asset 0 to 50,000 CHF - 20 CHFAccount fees for precious metal account balances - 0.25%

Deposit Fee

$0

Bank / Post wire transfer - Free Crediting of cheques - 30 CHF Card deposits - 1.9% (Switzerland & Europe)/0% rest

Currency Conversion Fee

$0

UK - 0.5%

Withdrawal Fee

$0

Wire transfer - Payment fees changes based on currency


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Forex Opening Hours: 8:00 - 18:00 CET. Monday to FridayForex dealing desk Opening hours: From 23:00 Sunday to 23:00 Friday CET


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

8:00 - 22:00 CET Monday to Friday

Customer Support Methods (phone, email, live chat)

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

Phone: +41 44 825 88 88 Forex: +41 44 825 87 87 E-mail: [email protected] Forex dealing desk: +41 22 999 94 76

Support Languages

27+

9+


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Additional Information

Headquarters Location

financial hub of Limassol, Cyprus

Chemin de la Cretaux 33 P.O. Box 1032 1196 Gland

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both HFM and Swissquote offer affordable fee structures, but HFM generally edges out with no inactivity fees and lower commissions on standard trades, whereas Swissquote shines with bundled research and platform access.
Creating an account with HFM is generally faster and more user-friendly, often taking just a few minutes, while Swissquote requires more detailed steps and identity verification, which may suit more cautious investors.
If you're trading on-the-go, HFM mobile platform is fluid and intuitive. Swissquote desktop and web apps are more robust, making them suitable for in-depth trading sessions.
If you're after professional-grade platforms, HFM may be ideal. For casual investors, Swissquote offers a low-barrier entry.

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