Written by ForexBrokers.com
In this head to head comparison of eToro vs Swissquote, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro vs Swissquote: eToro was founded in 2007, while Swissquote began in 1996. Both are publicly traded, but only Swissquote is a bank; eToro is not.
Regulation and trust (ForexBrokers.com): eToro holds 4 Tier-1 and 1 Tier-2 licenses with a Trust Score of 97/99. Swissquote holds 5 Tier-1 and 2 Tier-2 licenses with a Trust Score of 99/99. On this scale, 90–99 is highly trusted (80–89 trusted, 70–79 average risk, 60–69 high risk, below 59 not trusted), so both eToro and Swissquote fall into the highly trusted range.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Year Founded | 2007 | 1996 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 4 | 5 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing commissions and fees, eToro is the lower-cost choice for many retail traders, though it is not known for ultra-tight spreads. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit above the industry average. Its main draw is not low trading costs, but its social copy trading features. eToro is rated 4 out of 5 stars and ranked #24 out of 36 brokers for commissions and fees by ForexBrokers.com.
Swissquote generally comes in at a higher price point, reflecting its Swiss banking brand and broader range of account structures. Across its U.K., Luxembourg, and Swiss entities, spreads and fees vary by account type and deposit size, but pricing is usually not as competitive as the cheapest forex brokers. For example, Swissquote U.K. offers spreads from 1.3 pips on its Standard account and a commission-based Elite account with lower spreads plus a $5 round-turn trade charge, while Swissquote Bank Ltd in Switzerland offers EUR/USD spreads starting at 1.7 pips on the Standard account and 1.1 pips on the Prime account. Swissquote is rated 3.5 out of 5 stars and ranked #37 out of 36 brokers for commissions and fees by ForexBrokers.com.
In simple terms, eToro tends to be the better pick if your goal is a more budget-friendly trading experience, while Swissquote may appeal more if you value the brand, banking link, and account choices, even if that means paying more. For cost-focused traders, eToro has the edge on commissions and fees.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 |
| Average spread (EUR/USD) - Spread-only account | 1 | N/A |
| All-in Cost EUR/USD - Raw spread account | 1 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, both eToro and Swissquote give traders access to forex trading, U.S. and international shares, copy trading, and both actual cryptocurrency and crypto CFDs. That means you can trade across several major asset types with either platform, whether you want to buy stocks outright or trade currencies and digital assets. Both brokers also earn 5 out of 5 stars for Range of Investments, so each offers a strong overall selection for everyday investors.
The main difference is in the depth of choice. eToro lists 7,441 tradeable symbols, which is far more than Swissquote’s 472, making eToro the better pick for investors who want a wider menu of markets and instruments. Swissquote, however, offers more forex pairs at 80 compared with eToro’s 65, and it ranks higher in the category overall at #2 out of 36 brokers, versus eToro’s #10. So, eToro stands out for breadth, while Swissquote is especially appealing for forex-focused traders.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 472 |
| Forex Pairs (Total) | 65 | 80 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | Yes |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
eToro and Swissquote both give traders a simple way to get started, with free demo accounts, browser-based platforms, and their own in-house trading platforms. Both also support copy trading, so beginners can follow other investors, and both let you place trades right from a price chart. In Trading Platforms and Tools, each broker earns 4.5 out of 5 stars, showing that both are strong choices for everyday trading needs.
The main difference is in desktop and advanced platform support. Swissquote offers a Windows desktop trading platform, plus MetaTrader 4 and MetaTrader 5, which may appeal to traders who want more platform options. eToro does not offer a Windows download platform or MetaTrader, but it still stands out for its easy-to-use web platform and social trading features. In ForexBrokers.com’s ranking out of 36 brokers, eToro places higher at #8, while Swissquote ranks #12.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 86 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Swissquote both offer mobile trading apps for iPhone and Android, and each supports stock and forex price alerts. Both apps also let users draw trendlines on charts, and both are rated 4.5 out of 5 stars for mobile trading apps. In ForexBrokers.com’s ranking of 36 brokers, eToro places slightly higher at #10, while Swissquote comes in at #12.
The biggest difference is in charting and watchlist features. eToro offers watchlist symbol syncing between the mobile app and online account, so updates carry across devices, while Swissquote does not. eToro also provides more technical studies for mobile charting, with 104 compared with Swissquote’s 30. On the other hand, Swissquote auto-saves chart drawings in its app, while eToro does not.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Both eToro and Swissquote give traders useful market research features, including daily market commentary, forex news from top sources like Bloomberg and Reuters, and an economic calendar for tracking major global events. Each platform also earns a strong 4.5 out of 5 stars for Research, so both are solid choices for staying on top of the markets. That said, eToro has a slight edge in the ForexBrokers.com ranking, placing #12 out of 36 brokers, compared with Swissquote at #15.
The main differences come down to the extra tools each broker offers. Swissquote includes Autochartist, which can help with technical and fundamental analysis, while eToro does not. On the other hand, eToro offers a sentiment-based trading tool and market research from TipRanks, both of which Swissquote lacks. Neither broker offers Trading Central or Acuity Trading tools, so the better pick depends on whether you want more chart-based help or more sentiment and third-party stock research.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly learning tools, both eToro and Swissquote give new traders plenty to work with. Each broker offers forex and CFD education with at least 10 learning pieces, monthly educational webinars, and a wide mix of beginner and advanced videos. Both also earn the same 4.5-star Education rating, so at a basic level they are equally strong choices for newcomers who want to build trading knowledge step by step.
The main difference shows up in independent ranking. eToro is placed #3 out of 36 brokers for Education by ForexBrokers.com, while Swissquote is ranked #19. That suggests eToro may offer a more beginner-friendly learning experience overall, even though Swissquote still provides a solid set of educational materials. If you want the broker with the stronger education reputation, eToro has the edge, but Swissquote remains a good option for traders who value learning support.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Swissquote. eToro finished with an overall rank of #9, while Swissquote finished with an overall rank of #12.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Overall Rating |
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| Trust Score | 97 | 99 |
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eToro vs Swissquote: both brokers let you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, giving investors flexible ways to gain crypto exposure.
eToro vs Swissquote: Both brokers offer ACH/SEPA transfers, PayPal, Skrill, and bank wire options for deposits and withdrawals; Visa/Mastercard availability is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | Swissquote | |
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| Trust Score | 97 | 99 | |
| Winner | check_circle | ||
| Review | eToro Review | Swissquote Review |
| Broker Screenshots | eToro | Swissquote | |
|---|---|---|---|
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| Regulation | eToro | Swissquote | |
|---|---|---|---|
| Trust Score | 97 | 99 | |
| Year Founded | 2007 | 1996 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 5 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Swissquote | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | Swissquote | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Swissquote | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 472 | |
| Forex Pairs (Total) | 65 | 80 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | Yes | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Swissquote | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1 | N/A | |
| All-in Cost EUR/USD - Raw spread account | 1 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Swissquote | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | eToro | Swissquote | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Swissquote | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 86 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Swissquote | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Swissquote | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Swissquote | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | Swissquote | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | eToro Review | Swissquote Review |
| Overall | eToro | Swissquote | |
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| Trust Score | 97 | 99 | |
| Winner | check_circle | ||
| Review | eToro Review | Swissquote Review |
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