Comparison eToro vs Swissquote

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare eToro vs Swissquote. Which of them: eToro or Swissquote a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. eToro has a commission fee of 0.09% spread per side, and Swissquote has a commission fee of from £15. For trading in Forex, the commission fee of eToro is from 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 0.09% in eToro vs from 0.06% in Swissquote. For a more complete picture, let’s consider trading in the metal market, where eToro and Swissquote have commission fees of from 2 pips 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 eToro provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading, and Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, eToro offers 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. eToro was established in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from eToro with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. 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 eToro is within 1 business day, and that one in Swissquote is 1-2 working days.

As a result, the rating of eToro is 4.4 stars versus that of Swissquote of 4 stars.