eToro and Swissquote are top online brokers with impressive trading experiences. eToro is the leading social trading broker with premium tools. It is a trustworthy broker with licenses from the FCA, ASIC, and CySEC. eToro offers a unique proprietary platform, a web platform, and a dedicated social trading space. It is a top choice for advanced traders as it provides limited educational tools.
|Regulation||FCA, ASIC, CySEC||SFC (Hong Kong), MAS (Singapore), FINMA (Suisse), FCA (UK)|
|Tradable Assets||Stock, ETF, Forex, Fund, Bond, Options, Futures, CFD, Crypto, Warrants, Structured Products||78 forex currency pairs, 17 CFD commodities, 1,500 CFD pairs, 60 CFD stock indices, and 55,000 bonds, 6 options and 6 features|
|Platforms||Web, Social Trading|
Advanced Trader (proprietary), MT4 suite, MT5 trading suite
|Deposit||Free of charge||$1000|
|Withdrawals||Free of charge||$0|
Swissquote is a secure forex and CFD broker. It offers many tradable assets, including cryptocurrency trading. Swissquote has a proprietary platform and the MetaTrader suites. It is a top choice for traders of all levels of experience because of its valuable trading tools.
Both online brokers have strengths and weaknesses. This article discusses the differences between eToro and Swissquote.
Top findings from the eToro vs. Swissquote review:
- eToro is the leading social trading broker with top-tier licenses and access to major forex pairs.
- Swissquote is a trustworthy forex and CFD broker.
- Both brokers offer a demo account to test their offerings.
We recommend eToro for professional traders, as it provides premium tools and platforms. Swissquote is a good fit for traders of all levels because of its straightforward platforms.
|Commissions & Fees||4||3.5|
|Offering of Investments||4.5||4.5|
|Platforms & Tools||4||4|
|67% of retail CFD accounts lose money||79% of retail CFD accounts lose money|
Level of experience
eToro is an excellent social trading broker with premium research tools. It offers market commentary, social sentiment, and an economic calendar. eToro has limited research and education tools, which is why we recommend it for advanced traders.
Swissquote is a beginner-friendly broker, but it has a high minimum initial deposit fee. It offers a proprietary platform, virtual trading, and social trading. Swissquote offers an excellent trading experience with beginner-friendly and professional features.
The initial deposit fee at eToro is $200, while at Swissquote is $1000. Both brokers have a transparent fee policy and offer an active trader discount.
eToro has 47 forex currency pairs, while Swissquote offers 78 pairs. eToro provides access to 2314 CFDs, while Swissquote has 49 available CFDs.
eToro has a proprietary platform and an impressive mobile app. It offers a premium social trading experience with excellent research tools. eToro is an excellent choice for professional traders, as its market data and trading tools are limited.
Swissquote offers a proprietary desktop and web platform. It has premium services, including the MetaTrader suite and social trading tools. Swissquote is a good choice for both beginner and professional traders.
Banking services represent an asset when trading online. Both brokers offer bank transfers, credit/debit cards, Skrill, and PayPal for depositing and withdrawals. These funding solutions support a smooth trading experience.
eToro and Swissquote are top online brokers. Both have advantages and disadvantages, depending on your trading skills and experience. We recommend eToro to professional traders, as it has limited learning materials. Swissquote is a good choice for traders of all levels of experience. It has a high minimum deposit fee, which might not be accessible to all investors.
eToro compared to other brokers:
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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.