Openbank vs Swissquote 2026: which is better?
We compared Openbank and Swissquote on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Swissquote holds 6 licences from strong regulators, against 0 for Openbank.
- Swissquote offers MetaTrader 4, MetaTrader 5, which Openbank does not.
Comparison table
| Comparison table | Openbank Broker |
Swissquote
Broker
|
|---|---|---|
| Licences | BdE | FCA, DFSA, SFC, MAS, FINMA, CSSF, CySEC, FSCA, MFSA Best |
| Minimum deposit | — | $1,000 |
| Maximum leverage | — | 1:100 |
| Trading platforms | Openbank App | MetaTrader 4, MetaTrader 5, CFXD, Mobile App |
| Markets | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Demo account | — | ✓ Yes |
| Founded | 1995 | 1996 |
| Headquarters | Boadilla del Monte (Madrid), Spain | 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 Swissquote if you
- want more licences from strong regulators
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Openbank or Swissquote?
We compared Openbank and Swissquote on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Swissquote holds 6 licences from strong regulators, against 0 for Openbank. Swissquote offers MetaTrader 4, MetaTrader 5, which Openbank does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Openbank and Swissquote regulated?
Openbank licences: BdE. Swissquote licences: FCA, CySEC, DFSA, SFC, MAS, FSCA, FINMA, CSSF, MFSA.
What is the minimum deposit at Openbank and Swissquote?
Openbank: not available. Swissquote: $1,000.
Do Openbank and Swissquote offer an Islamic account?
Openbank: No. Swissquote: No.