Swissquote vs mBank 2026: Which Broker is Better?
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 | mBank | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $1000 | $0 ✓ |
| Spread from | 1.3 pips | 0 pips ✓ |
| Max Leverage | 1:100 ✓ | 1:5 |
| Regulation | FCA, MAS ✓ | KNF |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, mBank Trader |
Swissquote is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowSwissquote vs mBank: Key Differences
Swissquote
WinnermBank
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Fees Comparison
Swissquote
mBank
Regulation & Trust
Swissquote holds licences from FCA, MAS. mBank is regulated by KNF.
Markets & Assets
Both brokers offer access to Forex, Stocks, Cfd, Indices markets. Swissquote additionally covers Crypto. mBank adds Etf.
Fees & Spreads
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.3 pips at Swissquote.
Trading Platforms
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.
Minimum Deposit
Swissquote requires a minimum deposit of $1,000, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Swissquote
3.8/5
Choose Swissquote if you want…
- Higher overall rating (3.8/5)
- No per-trade commission
- Higher leverage (up to 1:100)
- More regulatory licences (2)
mBank
3.4/5
Choose mBank if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Swissquote & mBank are available in
Frequently Asked Questions
1Is Swissquote better than mBank?
Swissquote scores higher overall on our independent rating system. Swissquote holds a 3.8/5 rating vs mBank's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Swissquote or mBank?
Swissquote offers spreads from 1.3 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Swissquote vs mBank?
Swissquote requires a minimum deposit of $1000. mBank requires $0.
4Which broker is safer, Swissquote or mBank?
Swissquote is regulated by FCA, MAS, while mBank holds licences from KNF.
5What trading platforms do Swissquote and mBank support?
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
6Can I use both Swissquote and mBank?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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