JFD Bank or Swissquote – which is better for UK traders 2025? Compare JFD Bank and Swissquote in this detailed breakdown of their platforms, features and fees.
JFD Bank has closed or no longer accepts UK clients.
Established in 1996, Swissquote is a Switzerland-based bank and broker that offers online trading on an industry beating three million products, from forex and CFDs to futures, options and bonds. Highly trusted, it has built a strong reputation through innovative trading solutions, from becoming the first bank to offer crypto trading in 2017 to more recently launching fractional shares and its Invest Easy service.
Pros
Swissquote is highly trusted owing to its position as a bank, its listing on the Swiss stock exchange, and authorization from trusted bodies like FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.
Swissquote is built for fast-paced trading strategies like trading, scalping and high-frequency trading with 9ms average execution speeds, a 98% fill ratio, and FIX API.
Swissquote supports powerful platforms for trading, such as MetaTrader 4/5 and its own CFXD (previously known as Advanced Trader) which impressed during testing with customizable layouts and access to advanced charting tools and technical indicators.
Swissquote provides advanced research services like Autochartist for technical analysis and integration of real-time news from Dow Jones. Its proprietary Market Talk videos and Morning News reports deliver expert analysis daily, appealing to active traders.
Cons
Swissquote primarily caters to pro and high-net-worth clients, with high minimum deposit requirements (eg $1,000 for Standard accounts), making it less suited for smaller traders who can find higher leverage at the growing number of brokers with no minimum deposit.
Analysis shows Swissquote’s fees are on the high side, with forex spreads starting at 1.7 pips on Standard accounts, compared to 0.0 pips at brokers like Pepperstone or IC Markets. Transaction fees for non-Swiss stocks and ETFs can also add up for frequent traders.
Unlike brokers such as eToro with social trading features, Swissquote lacks tools for community engagement or copying successful traders, limiting its appeal for those who value peer-to-peer learning.
Awards
Top Innovative Companies 2025 – Statista
ETF Online Broker of the Year 2024 – Swiss ETF Awards
World’s Most Trustworthy Companies 2024 – Statista
The Swissquote app, refined over the years, combines banking and trading, giving you instant access to an industry-leading selection of more than three million instruments, including stocks, ETFs, and cryptocurrencies like Bitcoin. It goes beyond most trading apps we’ve tested – providing a comprehensive financial app, complete with dynamic charts and unique features.
iOS App Rating
4.5
Android App Rating
3.4
Margin Trading
Yes
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
Yes
eSignal
No
Trading Central
Yes
STP Account
Yes
ECN Account
No
DMA Account
Yes
MAM Account
Yes
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
Yes
Negative Balance Protection
Yes
Market Maker
Yes
P2P Trading
No
Spot Trading
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader and FIX API solutions
Copy Trading
No
Social Trading
No
Trade Signals
Integrated in CFXD
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
Yes
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$0
Islamic Account
Yes
Account Currencies
USD
EUR
GBP
CAD
AUD
NZD
JPY
ZAR
TRY
SEK
NOK
DKK
CHF
HKD
SGD
PLN
AED
SAR
HUF
THB
QAR
MXN
Commodities
Oil
Gasoline
Silver
Gold
Palladium
Platinum
Natural Gas
Copper
Cocoa
Sugar
Soybeans
Coffee
Precious Metals
CFD
Swissquote has emerged as a dependable CFD broker, providing short-term trading opportunities on an extensive selection of global markets with fast execution, its intuitive CFXD platform alongside MetaTrader, plus insights from trusted third parties like Autochartist and Trading Central.
Leverage
1:30
FTSE Spread
0.9
GBPUSD Spread<
1.7
Oil Spread
0.03
Stocks Spread
N/A
Forex
Swissquote offers compelling conditions for active forex traders, with an extensive range of 80+ currency pairs, plus ultra-fast execution speeds averaging 9ms and access to the industry’s favorite MT4 software.