Comparison IronFX vs Swissquote
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IronFX vs Swissquote. Which of them: IronFX or Swissquote a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. IronFX has a commission fee of spreads from 0.3 pips, commissions of 0.10%, and Swissquote has a commission fee of from £15. Now, let’s compare commission fees in Forex, the commission fee of IronFX is from 0.5 pips, and the commission fee of Swissquote is average spread of 1.3 pips. For a more complete picture, let’s consider trading in the metal market, where IronFX and Swissquote have commission fees of spreads from 0.04 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 IronFX provides customers with Stocks Trading, Forex Trading, Futures 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, IronFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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. IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. And Swissquote was founded in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from IronFX 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 withdrawal time for IronFX is 1 - 5 business days, and that one for Swissquote is 1-2 working days.
As a result, the rating of IronFX is 4.8 stars versus that of Swissquote of 4 stars.