Swissquote
mBank
VS
Higher Rated
Swissquote
Capital at risk · T&Cs apply
Choosing between Swissquote and mBank depends on your trading style, preferred markets, and budget. Swissquote is headquartered in Gland, Switzerland, while mBank operates from Warsaw, Poland. Swissquote has the longer track record, established in 1996, compared to mBank which was founded in 2000. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Swissquote
mBank
Swissquote is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Swissquote
3.8 vs 3.3
Lowest Fees
mBank
1.3 vs 0 pips
Regulation
Swissquote
2 vs 1 licences
Min. Deposit
mBank
$1000 vs $0
Swissquote
WinnermBank
Swissquote
mBank
Swissquote holds licences from FCA, MAS. mBank is regulated by KNF.
Both brokers offer access to Forex, Stocks, Cfd, Indices markets. Swissquote additionally covers Crypto. mBank adds Etf.
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.3 pips at Swissquote.
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.
Swissquote requires a minimum deposit of $1,000, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
BrokerRank scores Swissquote at 3.80/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Swissquote leads overall with a clear advantage.
Swissquote scores higher overall on our independent rating system. Swissquote holds a 3.8/5 rating vs mBank's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Swissquote offers spreads from 1.3 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
Swissquote requires a minimum deposit of $1000. mBank requires $0.
Swissquote is regulated by FCA, MAS, while mBank holds licences from KNF.
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.