Swissquote Bank vs TNFX

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, Swissquote Bank currently holds a stronger overall rating (4.8) than TNFX (4.6). Swissquote Bank has a higher minimum deposit than TNFX, at 1000.0. Both platforms offer their clients MAM/PAMM. Swissquote Bank offers a lower maximum leverage of 1:100, whereas TNFX allows trading with up to 1:400.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.8/5 (10 reviews)
4.7/5
4.7/5
5/5
5/5
4.6/5 (2 reviews)
5/5
4.5/5
4.5/5
4.5/5
Minimum deposit ($) 1000.0 300.0
Commission 0.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 1.0 0.01
Maximum lot size 1.0 -
Spread - Fixed
Broker type STP ECN
Maximal leverage (1:?) 100 400
Availability STP ECN
Regulation FCA (UK), FINMA (Switzerland), MFSA (Malta), DFSA (UAE) FSA (Seychelles)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5) MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, AdvCash, Virtual Pay
Account Currency USD USD
Languages English English, Arabic
Country Switzerland Seychelles
Trading platform(s) timezone China, Singapore, Uganda, United Kingdom United Arab Emirates
Other trading instruments Stocks, Commodities, Precious Metals -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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