Comparison DEGIRO vs Swissquote
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare DEGIRO vs Swissquote. Which of them: DEGIRO or Swissquote a better online broker?
First of all, we’ll compare the commission fees of the two brokers. DEGIRO has a commission fee of from 0.014% + £1.75, and Swissquote has a commission fee of from £15. Let’s analyze the commission fees on trading options. DEGIRO has a commission fee of from £0.38, Swissquote has a commission fee of £1 per contract (Minimum £5). You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by DEGIRO and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Swissquote. As for platforms, DEGIRO offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Swissquote offers 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. DEGIRO was established in 2013 in Netherlands, and it is regulated by AFM, DNB. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from DEGIRO with the help of Bank Wire, and its withdrawal fee is 0. 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 DEGIRO is 1-2 business days, and that one in Swissquote is 1-2 working days.
Overall, DEGIRO boasts 4.1 stars versus Swissquote 4 stars.