Comparison Robinhood vs Swissquote
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Robinhood vs Swissquote. Is Robinhood or Swissquote a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Robinhood on regular transactions of the stock exchange is commission-free, and Swissquote has a commission fee of from £15. Let’s analyze the commission fees on trading options. Robinhood has a commission fee of commission-free, 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, Crypto Trading are provided to customers by Robinhood 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, Robinhood 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. Robinhood was established in 2013 in United States, and it is regulated by SEC, FINRA. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. Withdrawal of funds from Robinhood can be done using Bank Wire with a withdrawal fee of free. And Swissquote provides the ability to withdraw funds using Bank Wire with a withdrawal fee of depends on account type. The withdrawal time for Robinhood is 5 days trading holding period for uninvested funds, and that one for Swissquote is 1-2 working days.
As a result, the rating of Robinhood is 3.4 stars versus that of Swissquote of 4 stars.