Comparison AvaTrade vs Swissquote
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Swissquote. Is AvaTrade or Swissquote a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and Swissquote has a commission fee of from £15. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Swissquote is £1 per contract (Minimum £5). For trading in Forex, the commission fee of AvaTrade is from 1.3 pips, while the commission fee of Swissquote is average spread of 1.3 pips. We can also analyze commission fees for trading CFD: they are from 0.13% in AvaTrade vs from 0.06% in Swissquote. For a more complete picture, let’s consider trading in the metal market, where AvaTrade and Swissquote have commission fees of from 0.4pips and £1 per contract (Minimum £5), respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. Concerning the platforms, AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Swissquote uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Swissquote provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is depends on account type. The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Swissquote is 1-2 working days.
Overall, AvaTrade boasts 4.8 stars versus Swissquote 4 stars.