Page Summary
Plus500 and Swissquote are popular online brokers with excellent trading experiences. Plus500 has top-tier licenses from MAS, DFSA, 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.
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Plus500
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 | 300:1 | 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 | $10 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.8 pips | 1.6 pips |
| Stocks & ETF | 0 | $9 |
| CFD (Gold) | 7.2 pips | 5.37 pips |
| Crypto | 0 | 0.50% |
| Options | 0 | $1.49 per contract |
| Conversion Fees | 0 | |
| Misc. Fees | 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 | 0 | 60 |
| ETF & Funds | 0 | 9000 |
| Crypto | 0 | 26 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 6 |
| Futures | 0 | 6 |
| Bonds | 0 | 53000 |
| Forex | 60 | 80 |
| CFD Indices & Funds | 430 | 26 |
| CFD Stocks | 1000 | 0 |
| CFD Commodities | 22 | 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
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.
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.
Fees
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.
Assets
Swissquote has 78 forex currency pairs, while Plus500 has 50 available. Plus500 provides access to 2033 CFDs, while Swissquote has 49 available.
Trading platform
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
Banking services are an important benefit when trading online. Both brokers offer bank transfers, Skrill, and PayPal for depositing and withdrawals. These funding options contribute to a smooth trading experience.
Final verdict
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:
Plus500 Review
Plus500 Insights