Interactive Brokers vs. Swissquote Comparison

This contrast guide assists users who struggle to select between Interactive Brokers and Swissquote to locate the best online broker for their trading and investment demands. It assesses the highlights of both brokers side by side to assist users contrast their service and make a notified choice.

To assist individuals choose the appropriate broker between Interactive Brokers and Swissquote to find the best-suited system, listed below is a listing of broker’s pros and cons, adhered to by a contrast of their major trading features, consisting of trading systems & devices, charges, mobile trading, deposit & withdrawal, assets, guideline, and consumer assistance.

Interactive Brokers vs. Swissquote: Summary

Interactive Brokers

Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.

Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).

Swissquote logo

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 ($0)
  • Industry lowest overall fees
  • Professional trading platform suitable for different types of traders
  • Intuitive and easy to use mobile trading app
  • Compatible features for casual and professional traders
  • Responsive customer support

Cons

  • Few deposit and withdrawal options
  • Research and education materials 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

  • Margin loan rates on stocks of 1.3%
  • Access to 135+ global markets
  • Advanced order types, tools and features
  • Access to frictional shares
  • Lowest commissions in the industry

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

Interactive Brokers vs. Swissquote Comparison

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Compare brokers
Interactive Brokers

Interactive Brokers

Open account Read review

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.

Swissquote logo

Swissquote

Open account Read review

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

BROKER COMPARISON

Interactive Brokers
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 1:20 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

4.9

3.0

See details
Withdrawal Fee 0 $10
Deposit Fee 1% 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.2 pips + 0.08 to 0.20 bps times trade size comission 1.6 pips
Stocks & ETF $ 0.005 per share $9
CFD (Gold) 0.02% 5.37 pips
Crypto 0.12% to 0.18% of trade value 0.50%
Options $1.49 per contract
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees Yes on CFD’s

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

1.9

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

Assets

4.9

4.9

See details
Shares 16.500 60
ETF & Funds 35.000 9000
Crypto 4 26
Commodities 1 0
Indices 3052 0
Options 50.000 6
Futures 245 6
Bonds 1.000.000 53000
Forex Instruments 115 80
CFD Indices & Funds 13 26
CFD Stocks 8.000 0
CFD Commodities 2 12
CFD Crypto 0 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

4.8

5.0

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

Customer Support

4.9

4.5

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

Winner

Interactive Brokers vs. Swissquote Comparison Conclusion

The results of our contrast of Interactive Brokers vs. Swissquote are wrapped up in the table listed below.

Broker:Best For:
Interactive BrokersStocks and ETFs
SwissquoteInvestors

Picking the right option between Interactive Brokers and Swissquote can be hard. Both on-line brokers have resemblances but differ concerning trading instruments, platforms & applications, regulation, deposit & withdrawals, and study and education and learning. Selecting the most effective broker relies on individuals’ trading & investment objectives, individual choices, 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.

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