This contrast guide helps users who battle to pick between eToro and Swissquote to discover the most effective online broker for their trading and financial investment demands. It evaluates the main features of both brokers alongside to help individuals contrast their service and make an educated choice.
To aid customers choose the best broker between eToro and Swissquote to locate the best-suited system, listed below is a checklist of broker’s advantages and disadvantages, followed by a comparison of their primary trading attributes, including trading systems & tools, costs, mobile trading, down payment & withdrawal, assets, guideline, and customer assistance.
eToro vs. Swissquote: Summary
eToro is a multi-asset brokerage company with the world’s biggest social trading community (over 30 million users). Their platform and mobile app features are easy to use for beginners and include an intuitive copy trading tool, simple buy & sell orders and free demo account. Users can trade with CFDs on major stocks, ETFs, forex, and cryptocurrencies.
eToro charges 0% commission on stocks, and ETFs. They charge an average spread of 0.9 pips on most forex pairs. eToro’s non trading fees are above average and include overnight, inactivity ($10/month) and currency conversion fees ($5/conversion).
Their customer support is available through email and live chat in Arabic and English.
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
Pros
- Low minimum deposit ($50)
- 0% commission stocks and ETF trading
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Responsive customer support
Cons
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
Key features
- Average trading fees
- Industry leading social/copy trading tool
- Easy buy/sell order types
- Crypto exchange & brokerage services
- Fast registration and KYC on-boarding process
- Multiple payment options
Key features
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
eToro vs. Swissquote Comparison
Select up to 3 Brokers
eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:30 | 1:400 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $5 | $10 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 a month after one year | 0 |
| Cost Per Trade | N/A | 0 |
| Cost Per Month | N/A | 0 |
| Forex (EUR/USD) | 1.1 pip | 1.6 pips |
| Stocks & ETF | 0 | $9 |
| CFD (Gold) | 5 pip | 5.37 pips |
| Crypto | 0 | 0.50% |
| Options | 0 | $1.49 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 2.800 | 60 |
| ETF & Funds | 0 | 9000 |
| Crypto | 30 | 26 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 6 |
| Futures | 0 | 6 |
| Bonds | 0 | 53000 |
| Forex Instruments | 49 | 80 |
| CFD Indices & Funds | 250 | 26 |
| CFD Stocks | 2800 | 0 |
| CFD Commodities | 54 | 12 |
| CFD Crypto | 32 | 12 |
| CFD Bonds | 0 | 3 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
eToro vs. Swissquote Comparison Conclusion
The results of our comparison of eToro vs. Swissquote are wrapped up in the table below.
| Broker: | Best For: |
| eToro | Stocks and ETFs & Social Copy Trading |
| Swissquote | Investors |
Picking the best selection in between eToro and Swissquote can be difficult. Both on the internet brokers have resemblances yet vary regarding trading tools, platforms & applications, regulation, deposit & withdrawals, and study and education. Selecting the very best broker depends upon customers’ trading & investment objectives, specific preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.