Is AvaTrade better than Swissquote? After testing 30 of the best forex brokers over five months, Swissquote is better than AvaTrade. For traders who require a multi-asset solution and are willing to pay a premium to have their brokerage account held with a Swiss bank, Swissquote is worth a consideration. Otherwise, Swissquote’s UK-based offering provides a better all-round deal.
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure
Swissquote vs AvaTrade 2020
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
|
|
|
|
High Bonuses, Now with Extra-Low Spreads! Visit Site
|
||
| Visit Site |
Overall Rating
| Feature | Swissquote | AvaTrade |
| Overall | ||
| Swissquote Review | AvaTrade Review | |
| 77% of retail CFD accounts lose money | 71% of retail CFD accounts lose money |
Regulation
| Feature | Swissquote | AvaTrade |
| Trust Score | 99 | 93 |
|
Year Founded |
1996 | 2006 |
|
Publicly Traded (Listed) |
Yes | No |
|
Bank |
Yes | No |
|
Tier-1 Licenses |
4 | 3 |
|
Tier-2 Licenses |
1 | 3 |
|
Tier-3 Licenses |
0 | 3 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses
| Feature | Swissquote | AvaTrade |
|
ASIC Authorised (Australia) |
No | Yes |
|
IIROC Authorised (Canada) |
No | Yes |
|
SFC Authorised (Hong Kong) |
Yes | No |
|
FSA Authorised (Japan) |
No | Yes |
|
MAS Authorised (Singapore) |
Yes | No |
|
FINMA Authorised (Switzerland) |
Yes | No |
|
FCA Authorised (UK) |
Yes | No |
|
CFTC Registered (USA) |
No | No |
Investments
| Feature | Swissquote | AvaTrade |
|
Forex: Spot Trading |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
Currency Pairs (Total Forex pairs) |
78 | 60 |
|
CFDs - Total Offered |
52 | 681 |
|
Cryptocurrency traded as actual |
Yes | No |
|
Cryptocurrency traded as CFD |
No | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Cost
| Feature | Swissquote | AvaTrade |
|
Average Spread EUR/USD - Standard |
N/A | 0.92 (Dec 19) |
|
All-in Cost EUR/USD - Active |
N/A | 0.62 (Dec 19) |
|
Active Trader or VIP Discounts |
Yes | Yes |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | Swissquote | AvaTrade |
|
Minimum Initial Deposit |
$1000.00 | $100.00 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | Yes |
|
PayPal (Deposit/Withdraw) |
Yes | Yes |
|
Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | Swissquote | AvaTrade |
|
Proprietary Platform |
Yes | Yes |
|
Desktop Platform (Windows) |
Yes | Yes |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
MetaTrader 4 (MT4) |
Yes | Yes |
|
MetaTrader 5 (MT5) |
Yes | Yes |
|
cTrader |
No | No |
Trading Tools
| Feature | Swissquote | AvaTrade |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
7 | 0 |
|
Charting - Indicators / Studies (Total) |
49 | 23 |
|
Charting - Drawing Tools (Total) |
16 | 31 |
|
Charting - Trade From Chart |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Mobile Trading
| Feature | Swissquote | AvaTrade |
|
Android App |
Yes | Yes |
|
Apple iOS App |
Yes | Yes |
|
Trading - Forex |
Yes | Yes |
|
Trading - CFDs |
Yes | Yes |
|
Alerts - Basic Fields |
No | No |
|
Watch List |
No | No |
|
Watch List Syncing |
No | No |
|
Charting - Indicators / Studies |
30 | 93 |
|
Charting - Draw Trend Lines |
No | No |
|
Charting - Trend Lines Moveable |
No | Yes |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
No | No |
|
Forex Calendar |
No | No |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | Swissquote | AvaTrade |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | No |
|
Weekly Webinars |
Yes | No |
|
AutoChartist |
Yes | Yes |
|
Trading Central (Recognia) |
Yes | No |
|
Delkos Research |
No | No |
|
Social Sentiment - Currency Pairs |
No | No |
|
Economic Calendar |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Education
| Feature | Swissquote | AvaTrade |
|
Has Education - Forex |
Yes | Yes |
|
Has Education - CFDs |
No | No |
|
Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
Yes | Yes |
|
Videos - Beginner Trading Videos |
Yes | Yes |
|
Videos - Advanced Trading Videos |
No | Yes |
|
Investor Dictionary (Glossary) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | Swissquote | AvaTrade |
|
GBP/USD |
Yes | Yes |
|
USD/JPY |
Yes | Yes |
|
EUR/USD |
Yes | Yes |
|
USD/CHF |
Yes | Yes |
|
USD/CAD |
Yes | Yes |
|
NZD/USD |
Yes | Yes |
|
AUD/USD |
Yes | Yes |
Overall
| Feature | Swissquote | AvaTrade |
| Swissquote Review | AvaTrade Review | |
| Overall | ||
| Winner | check_circle |
Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs Swissquote.
Does AvaTrade or Swissquote offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.
Is AvaTrade or Swissquote safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Swissquote holds 4 global Tier-1 licenses, while AvaTrade holds 3. AvaTrade holds 3 global Tier-2 licenses, while Swissquote holds 1. All regulators considered, Swissquote has a Trust Score of 99.00, while AvaTrade's Trust Score is 93.00.
Which trading platform is better: AvaTrade or Swissquote?
To compare the trading platforms of both AvaTrade and Swissquote, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Swissquote offers a better experience. With research, Swissquote offers superior market research. Finally, we found Swissquote to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. AvaTrade and Swissquote both offer copy trading. Both AvaTrade and Swissquote offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to AvaTrade's 60 available pairs. Forex pairs aside, AvaTrade offers traders access to 681 CFDs while Swissquote has 52 available CFDs, a difference of 629.
Overall, between AvaTrade and Swissquote, Swissquote is the better forex broker.
AvaTrade ReviewSwissquote Review
Related Comparisons
- AvaTrade vs. CMC Markets
- AvaTrade vs. IG
- AvaTrade vs. Saxo Bank
- Swissquote vs. CMC Markets
- Swissquote vs. IG
- Swissquote vs. Saxo Bank
Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.
