Best Day Trading Platforms and Brokers in Switzerland 2024

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Written By
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Written By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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Fact Checked By
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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
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The best day trading platforms in Switzerland offer terrific charting platforms, excellent pricing, fast execution and oversight by a trusted regulator, such as the Swiss Financial Market Supervisory Authority (FINMA).

Many top brokers also provide CHF accounts for convenient deposits alongside access to local markets, such as the SIX Swiss Exchange and popular currency pairs like the USD/CHF.

Explore the best brokers for day trading in Switzerland, drawing on our direct experiences and comprehensive testing.

Top 5 Platforms For Day Trading In Switzerland

Our tests show these are the top 5 brokers for day trading in Switzerland:

  1. AvaTrade - AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit.
  2. Deriv.com - Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock.
  3. Pepperstone - Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support.
  4. XM - XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading.
  5. IC Markets - IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.

Best Day Trading Platforms and Brokers in Switzerland 2024 Comparison

Best Day Trading Platforms and Brokers in Switzerland 2024 Comparison
Broker CHF Account Minimum Deposit Markets Platforms Leverage Visit
AvaTrade logo
- $100 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade 1:30 (Retail) 1:400 (Pro) Visit
Deriv.com logo
- $5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 1:1000 Visit
Pepperstone logo
$0 CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade 1:30 (Retail), 1:500 (Pro) Visit
XM logo
$5 Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures MT4, MT5 1:1000 Visit
IC Markets logo
$200 CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) Visit
Eightcap logo
- $100 CFDs, Forex, Stocks, Indices, Commodities, Crypto MT4, MT5, TradingView 1:500 Visit
LiteForex Europe logo
$50 CFDs, Forex, Indices, Commodities MT4, MT5 1:30 Visit
DNA Markets logo
- $100 CFDs, Forex, Indices, Commodities, Stocks, Crypto MT4, MT5 1:500 Visit
eToro logo
- $50 CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs eToro Web, CopyTrader, TradingCentral - Visit
InstaForex logo
- €200 CFDs on Stocks, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Shares & ETFs, Shares Baskets MT4, MT5 1:30 (Retail), 1:500 (Pro) Visit
Exness logo
$10 CFDs, Forex, Stocks, Indices, Commodities, Crypto Exness Trade App, MT4, MT5, TradingCentral 1:2000 Visit
LQDFX logo
- $20 Forex, CFDs, Stocks, Indices, Commodities, Crypto MT4 1:1000 Visit
Trade Nation logo
- $0 Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) MT4 1:500 (entity dependent) Visit
Skilling logo
- $100 Forex, CFDs, Stocks, Indices, Commodities and Cryptos Skilling Trader, MT4, cTrader, TradingView 1:1000 Visit
Quotex logo
- $10 Digital Options on Stocks, Indices, Forex, Commodities, Cryptos Web Platform, Mobile App - Visit

#1 - AvaTrade

Why We Chose AvaTrade

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
  • Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
  • Platforms: WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail) 1:400 (Pro)

Pros

  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more
  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders

Cons

  • There is no ECN account with raw spreads
  • Traders from the US are not accepted
  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners

#2 - Deriv.com

Why We Chose Deriv.com

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

  • Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: Deriv Trader, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:1000

Pros

  • Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
  • There's a good range of fast deposit and withdrawal methods with zero payment fees and low minimum deposits
  • Beginners and experienced day traders can access a good range of 20+ technical indicators in Deriv Trader vs 30+ in MT5

Cons

  • The range of 100+ assets trails some competitors such as Quotex which offers 400+
  • There's no loyalty program or rebate scheme for high volume traders
  • There are limited copy trading tools and analysis features compared to alternatives like IQ Cent

#3 - Pepperstone

Why We Chose Pepperstone

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

  • Instruments: CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
  • Regulator: FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:500 (Pro)

Pros

  • There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading.
  • Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing.

Cons

  • Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets.
  • Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.

#4 - XM

Why We Chose XM

XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.

  • Instruments: Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
  • Regulator: ASIC, CySEC, DFSA, FSC, FSCA
  • Platforms: MT4, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:1000

Pros

  • Transparent and low fees with spreads from 0.0 pips that will help protect day trading profit margins
  • The broker offers premium research including market sentiment, fundamental insights and strategy builders
  • 1000+ instruments are available, including recently added thematic indices, providing exposure to emerging industries

Cons

  • There's $5 inactivity fee after only 3 months, though this won't affect active traders
  • There is weak regulatory oversight through the global entity
  • PayPal deposits are not supported

#5 - IC Markets

Why We Chose IC Markets

IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
  • Regulator: ASIC, CySEC, FSA
  • Platforms: MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
  • Minimum Deposit: $200
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)

Pros

  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
  • IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
  • As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally.

Cons

  • There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
  • While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
  • The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.

Choosing A Day Trading Broker In Switzerland

Drawing on our extensive industry experience, there are several criteria we prioritize when determining the top day trading brokers for Swiss traders:

Choose A Trustworthy Broker

A trusted broker will be transparent about their business practices and importantly, help protect you from scams, which we’ve seen more of in recent years with increasing levels of sophistication.

The best sign of a trustworthy broker is a license from a respected regulator. In Switzerland, the Financial Markets Supervisory Authority (FINMA) oversees online brokers that offer popular day trading products, such as CFDs.

FINMA is a ‘Green-Tier’ regulator, meaning it provides the highest level of safeguards for retail investors, including up to 100,000 CHF in depositor protection should a licensed broker go bankrupt.

💡
You can use the national register to check whether a broker is authorised by the FINMA. All you need is the company name.
Swissquote day trading broker license details on FINMA register
Swissquote – FINMA License

We verify the regulatory credentials of every day trading broker we review. We also consider their years in the industry, whether they are listed on a stock exchange, and overlay our personal observations during the testing process, to decide whether they can be trusted.

  • Swissquote maintains its position as a highly trusted broker for day traders in Switzerland. It’s a FINMA-regulated brokerage and bank with 20+ years in the industry and a listing on the Swiss Stock Exchange (SQN), underscoring its legitimacy.

Select A Broker With Great Pricing

We seek out the brokers with the best possible trading and non-trading fees for the service provided. This is because tight spreads on markets like USD/CHF and the Swiss Market Index, alongside low or no commissions, can be particularly valuable for day traders looking to maximize returns.

On the same note, non-trading fees such as inactivity penalties and funding charges if converting from CHF to an account in USD can make a difference for both casual and active day traders looking to keep costs down.

  • IC Markets continues to offer industry-leading pricing, with spreads on the USD/CHF as low as 0.0 pips during peak market hours. High-volume day traders can also take advantage of the Raw Trader Plus rebate scheme, reducing commissions by up to $2.50 per lot.

Pick A Broker With A Wide Range Of Day Trading Markets

For many Swiss day traders, it will be important to gain exposure to local markets, as well as opportunities from regions and economies further afield.

Therefore, we favor brokers with an excellent investment offering, for example, currency pairs such as the USD/CHF, indices like the Swiss Market Index and stocks listed on the SIX, such as Nestle:NESN.

Critically, we also look for products designed for short-term trading, such as contracts for difference (CFDs), allowing users to bet on upward and downward price movements throughout the day.

Infographic showing popular day trading markets in Switzerland
Day Trading Markets in Switzerland
  • XM is a stand-out option for day traders looking for a great range of Swiss stocks such as Zurich Insurance Group (ZURN), as well as 50+ forex pairs with 8 including CHF, 20+ indices including SWI20Cash, 15+ commodities, plus recently added thematic indices.

Prioritize Brokers With High-Quality Charting Software

Day trading strategies often rely heavily on charting tools and technical analysis. That’s why we test each platform using real-money accounts and demo simulators, to evaluate their suitability for short-term trading.

These evaluations take into account the overall design and usability of the software, alongside the availability of various charting types, timeframes, technical indicators, drawing tools, and more.

MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView and cTrader are still the most popular charting platforms, especially with serious day traders. That said, some brokers also deliver their own simplified software which is often more suitable for newer traders based on our personal experiences.

Using TradingView day trading platform for Swiss currency charts
TradingView – USD/CHF
  • AvaTrade consistently ranks toward the top for its superb software offering, including the AvaTradeGO app, plus MT4 and MT5. Alongside dozens of technical indicators, you can also take advantage of automated trading tools such as DupliTrade and a copy trading solution, AvaSocial.

Pick A Day Trading Broker With Fast Execution

Day traders need reliable order execution when trading fast-moving markets, such as the most volatile Swiss stocks like Meyer Burger (MBTN), Spexis (SPEX) and Addex (ADXN).

This is because fast execution helps to reduce slippage (the difference between the expected fill price and the actual fill price), and many top brokers ensure that the resulting fill rate is high, enabling day traders to secure optimal prices.

That’s why we evaluate order execution information and data where practical, and from our years in the day trading industry, consider speeds of less than 100 milliseconds ‘fast’.

  • Pepperstone is an ultra-fast day trading broker thanks to institutional-grade hardware which can facilitate average execution speeds of 30 milliseconds on popular assets – perfect for short-term strategies like scalping and algo trading.

Choose A Broker With Flexible Leverage and Margin Requirements

Day trading with flexible leverage means you can increase your purchasing power with a small initial outlay, greatly enhancing your buying power and potential results (returns and losses).

Leverage is a particularly useful tool for experienced day traders with a robust risk management strategy.

Typically, brokers regulated by FINMA can only offer leverage up to 1:30 (3.33% margin) on major currency pairs. So, if you put down 1,000 fr to open a position on the EUR/CHF, the value of your trade will be x30 (30,000 fr).

Margin calculator at Deriv showing deposit required for SMI trade
Deriv – Margin Calculator

I’m seeing an increasing number of online brokers registered outside of Switzerland, notably in offshore jurisdictions, offer very high leverage of over 1:1000 to retail day traders.

I do not recommend this, especially for newer traders. Losses can accumulate significantly.

author image
Jemma Grist
Author
  • Deriv offers leverage trading and excels with its helpful margin calculator which lets you see how much capital you to open a position. For example, I needed a margin of $232.48 to trade the Swiss Market Index with a leverage of 1:100.

Methodology

To list the best day trading brokers in Switzerland, we first identified those accepting Swiss traders, then we ranked them by their overarching rating which takes into account multiple factors, notably:DayTrading.com broker testing methodology overview

  • Whether they are regulated by a reputable financial body, such as the FINMA.
  • Whether they offer low day trading fees on popular markets, such as the EUR/CHF.
  • Whether they provide wide market coverage, such as Swiss stocks and currencies.
  • Whether they deliver powerful and user-friendly charting platforms like MT4.
  • Whether they offer reliable order execution that many short-term strategies rely on.
  • Whether they offer flexible and transparent leverage.

FAQ

Who Regulates Day Trading Platforms In Switzerland?

The Financial Market Supervisory Authority (FINMA) is the regulator responsible for overseeing day trading platforms in Switzerland.

That said, many brokers that accept Swiss traders are regulated by other reputable agencies, such as the UK Financial Conduct Authority (FCA).

How Much Money Do I Need To Start Day Trading In Switzerland?

Based on our comprehensive analysis, most brokers accepting day traders from Switzerland let you open an account with less than 250, around 240 CHF.

Some of the best beginner-friendly brokers even let you start with no minimum investment, notably Pepperstone.

Which Is The Best Day Trading Broker In Switzerland?

Our list of the best day trading platforms and brokers in Switzerland will help you find the right firm for your requirements.

Many of the brokers we evaluated are authorized by FINMA or another respected regulator and offer optimal conditions for day traders in Switzerland, including CHF accounts and access to Swiss markets.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com