This comparison guide assists customers who battle to pick between Next Markets and Swissquote to locate the most effective online broker for their trading and investment needs. It assesses the highlights of the two brokers alongside to assist individuals contrast their service and make an informed choice.
To help customers select the ideal broker in between Next Markets and Swissquote to locate the best-suited system, below is a listing of broker’s benefits and drawbacks, adhered to by a contrast of their major trading functions, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, assets, law, and customer assistance.
Next Markets vs. Swissquote: Summary
Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.
Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.
Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).
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)
- 0% commission stocks and ETFs
- Low spreads from 0.6 pips (EUR/USD)
- Free trading signals
- No hidden commissions or non-trading fees
Cons
- Algorithmic trading is not available
- Limited advanced trading tools and features
- No demo or Islamic swap-free accounts are available
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
Key features
- Access to 8,000 financial instruments
- Broad range of deposit & withdrawal methods
- User friendly mobile app
- Competitive trading fees, spreads, and commissions
- Beginner friendly trading tools and features
- User friendly mobile app
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
Next Markets vs. Swissquote Comparison
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Next Markets
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 | 100:1 | 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 | 0 | $10 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0 | 1.6 pips |
| Stocks & ETF | 0 | $9 |
| CFD (Gold) | 0 | 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) | $0.00 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 7000 | 60 |
| ETF & Funds | 1000 | 9000 |
| Crypto | 0 | 26 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 6 |
| Futures | 0 | 6 |
| Bonds | 0 | 53000 |
| Forex Instruments | 0 | 80 |
| CFD Indices & Funds | 1000 | 26 |
| CFD Stocks | 7000 | 0 |
| CFD Commodities | 0 | 12 |
| CFD Crypto | 0 | 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
Next Markets vs. Swissquote Comparison Conclusion
The results of our comparison of Next Markets vs. Swissquote are involved the table listed below.
| Broker: | Best For: |
| Next Markets | Stocks and ETF trading and investing |
| Swissquote | Investors |
Choosing the best option between Next Markets and Swissquote can be tough. Both on the internet brokers have similarities but differ regarding trading tools, systems & apps, regulation, down payment & withdrawals, and research study and education and learning. Choosing the best broker depends on customers’ trading & financial investment objectives, private 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.