Baraka vs Swissquote 2026: which is better?
We compared Baraka and Swissquote on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Baraka offers a swap-free Islamic account; Swissquote does not.
- Swissquote holds 6 licences from strong regulators, against 1 for Baraka.
- Swissquote offers MetaTrader 4, MetaTrader 5, which Baraka does not.
Comparison table
| Comparison table | Baraka Broker |
Swissquote
Broker
|
|---|---|---|
| Licences | DFSA | FCA, DFSA, SFC, MAS, FINMA, CSSF, CySEC, FSCA, MFSA Best |
| Minimum deposit | — | $1,000 |
| Maximum leverage | — | 1:100 |
| Trading platforms | baraka app | MetaTrader 4, MetaTrader 5, CFXD, Mobile App |
| Markets | Stocks, Commodities and Gold, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | — | ✓ Yes |
| Founded | — | 1996 |
| Headquarters | Dubai, United Arab Emirates | Gland, Switzerland |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Baraka if you
- need a swap-free Islamic account
Choose Swissquote if you
- want more licences from strong regulators
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Baraka or Swissquote?
We compared Baraka and Swissquote on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Baraka offers a swap-free Islamic account; Swissquote does not. Swissquote holds 6 licences from strong regulators, against 1 for Baraka. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Baraka and Swissquote regulated?
Baraka licences: DFSA. Swissquote licences: FCA, CySEC, DFSA, SFC, MAS, FSCA, FINMA, CSSF, MFSA.
What is the minimum deposit at Baraka and Swissquote?
Baraka: not available. Swissquote: $1,000.
Do Baraka and Swissquote offer an Islamic account?
Baraka: Yes. Swissquote: No.