eToro vs. Swissquote

Page Summary

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. 

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eToro logo

eToro

Open account Read review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Swissquote logo

Swissquote

Open account Read review

84.5% of retail investor accounts lose money when trading CFDs with this provider.

BROKER COMPARISON

eToro logo
Swissquote logo

Overall rating

4,9/5

4,2/5

Overall rating

4,9/5

4,2/5

Trading Platform & Tools

4.9

4.2

See details
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

4.8

3.0

See details
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

Mobile Trading

4.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

1.9

See details
Minimum deposit (in UAE) $100 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

4.9

See details
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

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

5.0

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

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:  

  1. eToro is the leading social trading broker with top-tier licenses and access to major forex pairs. 
  2. Swissquote is a trustworthy forex and CFD broker. 
  3. 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. 

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. 

Fees  

The initial deposit fee at eToro is $100, while at Swissquote is $1000. Both brokers have a transparent fee policy and offer an active trader discount. 

Assets  

eToro has 47 forex currency pairs, while Swissquote offers 78 pairs. eToro provides access to 2314 CFDs, while Swissquote has 49 available CFDs. 

Trading platform

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  

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. 

Final verdict  

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:

eToro review

Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

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

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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