Plus500 and Swissquote are popular online brokers with excellent trading experiences. Plus500 has top-tier licenses from MAS, FCA, and ASIC. It offers professional trading tools and some educational data. We recommend it for experienced traders as it has premium trading platforms and tools.
|Regulation||FCA, ASIC, CySEC, FSCA, FMA, MAS, FSA||SFC (Hong Kong), MAS (Singapore), FINMA (Suisse), FCA (UK)|
|Tradable Assets||Forex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.||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, Mobile||Advanced Trader (proprietary), MT4 suite, MT5 trading suite|
|Deposit||Free of charge||$1,000|
|Withdrawals||Free of charge||$0|
Swissquote is a trustworthy forex and CFD broker. It has many tradable assets, including cryptocurrency trading. Swissquote offers a proprietary platform and the MetaTrader suites (MT4 and MT5). Traders of all levels of experience have access to valuable trading tools.
Both online brokers have advantages and disadvantages. This article discusses the differences between Plus500 and Swissquote.
Top findings from the Plus500 vs. Swissquote review:
- Plus500 is a safe broker with a professional platform and trading tools.
- Swissquote is a versatile broker with different account tiers and learning materials.
- Both brokers have a proprietary platform and offer a demo account.
We recommend Plus500 to experienced traders, as its educational and research tools are limited. Swissquote is a good choice for traders of all levels because of its straightforward platforms.
|Commissions & Fees||4||3.5|
|Offering of Investments||4||4.5|
|Platforms & Tools||4||4|
|72% of retail CFD accounts lose money||79% of retail CFD accounts lose money|
Level of experience
Plus500 is a top choice for professional traders. It offers an excellent online trading experience, as it has professional platforms and tools. Plus500 doesn’t have educational materials and tools. This broker offers a demo account and some trading tools, including charting and watch lists.
Swissquote is a top choice for inexperienced traders. It offers a proprietary platform, virtual trading, and social trading. Swissquote offers both professional and beginner-friendly features. This broker offers an impressive trading experience for all traders.
Plus500 has a smaller initial deposit fee of €100, while Swissquote has a $1000 minimum deposit. Swissquote has an active trader discount, while Plus500 doesn’t. Both brokers follow a transparent fee policy.
Swissquote has 78 forex currency pairs, while Plus500 has 50 available. Plus500 provides access to 2033 CFDs, while Swissquote has 49 available.
Plus500 has a proprietary platform, a web, and a desktop platform. It offers some research and educational tools. Plus500 is a broker with an excellent trading experience and professional tools. It is a good choice for experienced traders.
Swissquote has a proprietary desktop and a web platform. It offers premium services, including social trading and access to the MetaTrader suite. Swissquote offers valuable learning and research tools and a virtual trading account. This broker is a good choice for both professional and beginner traders.
Banking services are an important benefit when trading online. Both brokers offer bank transfers, Skrill, PayPal, and credit/debit cards for depositing and withdrawals. These funding options contribute to a smooth trading experience.
Plus500 and Swissquote are popular online brokers. Both have strengths and weaknesses, depending on your trading experience and needs. We recommend Plus500 to professional traders, as it lacks a dedicated learning center. Swissquote is a good fit for beginner and experienced traders. It has a high minimum deposit fee, which might not be accessible to all investors.
Plus500 compared to other brokers:
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- Plus500: Minimum Deposit Amount
- Plus500: Account opening
- Plus500: trading app
- Plus500: Customer service
- Plus500: Safety
- Plus500: Beginners
- How to buy silver on Plus500
- Can you trade options on Plus500?
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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.