Broker comparison

Banx Broker vs.
Swissquote

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Swissquote has a higher rating of 4.4/5 compared to Banx Broker (4.1/5). Swissquote offers 8 instrument types, while Banx Broker offers 6. The minimum deposit is lower at Swissquote with 1.000 CHF. Banx Broker is BaFin-regulated, while Swissquote is supervised by FINMA. Swissquote has been in the market since 1996, making it the more experienced provider.

Introducing broker with competitive rates for active traders

Swiss online bank with premium trading and crypto offering

At a glance

The key differences

Criterion
PlatformsTWS, Banx App, IBKR MobileSwissquote eTrading, MT4, MT5, Swissquote App
Product typesStocks, Options, Futures, Forex, ETFs, CFDsStocks, ETFs, Forex, Options, Futures, Bonds, Funds, Crypto
Options tradingYes, comprehensive options trading via IBYes, options trading available via eTrading
Fee modelfrom €3.90 per stock order, from $2 per US optionStocks from CHF 5, forex spreads from 1.3 pip (Standard)
Minimum deposit3.000 €1.000 CHF
RegulationBaFinFINMA
More informationDetailsDetails

Platforms

Banx Broker

TWS, Banx App, IBKR Mobile

Swissquote

Swissquote eTrading, MT4, MT5, Swissquote App

Product types

Banx Broker

Stocks, Options, Futures, Forex, ETFs, CFDs

Swissquote

Stocks, ETFs, Forex, Options, Futures, Bonds, Funds, Crypto

Options trading

Banx Broker

Yes, comprehensive options trading via IB

Swissquote

Yes, options trading available via eTrading

Fee model

Banx Broker

from €3.90 per stock order, from $2 per US option

Swissquote

Stocks from CHF 5, forex spreads from 1.3 pip (Standard)

Minimum deposit

Banx Broker

3.000 €

Swissquote

1.000 CHF

Regulation

Banx Broker

BaFin

Swissquote

FINMA

More information

Banx Broker

Details

Swissquote

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from €3.90 per stock order, from $2 per US option

Published fee
from €3.90 per stock order, from $2 per US option
Minimum deposit
3.000 €
See terms at provider

Stocks from CHF 5, forex spreads from 1.3 pip (Standard)

Published fee
Stocks from CHF 5, forex spreads from 1.3 pip (Standard)
Minimum deposit
1.000 CHF
Inactivity
No inactivity fee; however CHF 80/quarter custody fee on securities accounts
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksOptionsFuturesForexETFsCFDs
StocksETFsForexOptionsFuturesBondsFundsCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

TWS · Banx App · IBKR Mobile

Banx offers the Trader Workstation (TWS), the Banx App, and the IBKR Mobile App. The TWS is the professional desktop platform with comprehensive charting tools, option chains, Greeks display, strategy builder, and over 100 order types. It supports algorithmic trading and provides real-time market data at international exchanges. The mobile app enables trading on the go with access to all important features and order types.

Explore platform

Swissquote eTrading · MT4 · MT5 · Swissquote App

Swissquote offers the Swissquote eTrading platform, MT4, MT5, and the Swissquote App. The eTrading platform is the main platform for trading stocks, options, bonds, and funds with real-time market data, chart analysis, and portfolio management. MT4 and MT5 are available for forex and CFD trading with automated strategies. The Swissquote App provides the full range of features on mobile, including crypto trading, securities trading, and banking functions.

Explore platform

Regulation & security

BaFin

Regulatory information

FINMA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Introducing broker with competitive rates for active traders

  • Access to international markets
  • Comprehensive options trading
  • German customer service
  • Minimum deposit €3,000
  • Complex platform for beginners

Swiss online bank with premium trading and crypto offering

  • Swiss banking license (FINMA)
  • Broad product range incl. crypto
  • High deposit protection
  • Higher minimum deposit (CHF 1,000)
  • Fees higher than pure online brokers

Find the broker that fits

Banx Broker oder Swissquote?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

Banx Broker4.1
  • Access to international markets
  • Comprehensive options trading
  • German customer service
Swissquote4.4
  • Swiss banking license (FINMA)
  • Broad product range incl. crypto
  • High deposit protection
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between Banx Broker and Swissquote?
Banx Broker: from €3.90 per stock order, from $2 per US option. Swissquote: Stocks from CHF 5, forex spreads from 1.3 pip (Standard). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Banx Broker or Swissquote?
Banx Broker offers Stocks, Options, Futures, Forex, ETFs, CFDs. Swissquote offers Stocks, ETFs, Forex, Options, Futures, Bonds, Funds, Crypto.
How are Banx Broker and Swissquote regulated?
The broker profiles list BaFin for Banx Broker and FINMA for Swissquote. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Banx Broker or Swissquote better for beginners?
Banx Broker lists a 3.000 € minimum deposit and offers TWS, Banx App, IBKR Mobile. Swissquote lists 1.000 CHF and offers Swissquote eTrading, MT4, MT5, Swissquote App. Compare usability, available products and costs for your intended use.
Banx Broker vs Swissquote: Which broker is better overall?
The choice between Banx Broker (4.1/5, 420 reviews) and Swissquote (4.4/5, 1200 reviews) depends on your needs. Banx Broker: Introducing broker with competitive rates for active traders. Swissquote: Swiss online bank with premium trading and crypto offering.
Do Banx Broker or Swissquote charge an inactivity fee?
Banx Broker: no inactivity fee. Swissquote: No inactivity fee; however CHF 80/quarter custody fee on securities accounts.

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Crypto options: Bitcoin & EthereumOptions on crypto, the venues and their quirks.Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.
Terms in the glossary:Implied volatilityMarginPremiumCall optionExpiration