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eToro vs Swissquote 2021

Is eToro better than Swissquote? After testing 27 of the best forex brokers over five months, eToro is better than Swissquote. eToro is a winner for its easy-to-use copy-trading platform where traders can copy the trades of investors across over 2300 instruments, including exchange-traded securities, forex, CFDs, and popular cryptocurrencies.


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.

Overall Rating

Feature eToro Swissquote
Overall 4 4
Commissions & Fees 4 3.5
Offering of Investments 4.5 4.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4 4
Education 4 3.5
Trust Score 91 99
eToro Review Swissquote Review
Winner check_circle
75% of retail CFD accounts lose money 79% of retail CFD accounts lose money

Regulation

Feature eToro Swissquote
Trust Score 91 99
Year Founded
2007 1996
Publicly Traded (Listed)
No Yes
Bank
No Yes
Tier-1 Licenses
2 4
Tier-2 Licenses
1 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature eToro Swissquote
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No Yes
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No Yes
FINMA Authorised (Switzerland)
No Yes
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature eToro Swissquote
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
47 78
CFDs - Total Offered
2314 49
Cryptocurrency traded as actual
Yes Yes
Cryptocurrency traded as CFD
Yes No

Cost

Feature eToro Swissquote
Average Spread EUR/USD - Standard
1 (August 2020) N/A
All-in Cost EUR/USD - Active
N/A N/A
Active Trader or VIP Discounts
Yes Yes

Funding

Feature eToro Swissquote
Minimum Initial Deposit
$200 $1000.00
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 eToro Swissquote
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
No Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature eToro Swissquote
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
6 7
Charting - Indicators / Studies (Total)
66 49
Charting - Drawing Tools (Total)
13 16
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature eToro Swissquote
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No No
Watch List
Yes No
Watch List Syncing
Yes No
Charting - Indicators / Studies
5 30
Charting - Draw Trendlines
No No
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

Feature eToro Swissquote
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No Yes
Weekly Webinars
No Yes
AutoChartist
No Yes
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes

Education

Feature eToro Swissquote
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature eToro Swissquote
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 eToro Swissquote
Overall 4 4
Commissions & Fees 4 3.5
Offering of Investments 4.5 4.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4 4
Education 4 3.5
Trust Score 91 99
eToro Review Swissquote Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare eToro vs Swissquote.

Does eToro 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, eToro offers better pricing overall for traders.

Is eToro 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 eToro holds 2. Both eToro and Swissquote hold 1 global Tier-2 licenses. All regulators considered, Swissquote has a Trust Score of 99.00, while eToro's Trust Score is 91.00.

Which trading platform is better: eToro or Swissquote?
To compare the trading platforms of both eToro and Swissquote, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, eToro offers a better experience. With research, Swissquote offers superior market research. Finally, we found eToro 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. eToro and Swissquote both offer copy trading. Swissquote offers MetaTrader 4 (MT4), while eToro does not.

How many forex pairs and CFDs are available to trade?
Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to eToro's 47 available pairs. Forex pairs aside, eToro offers traders access to 2314 CFDs while Swissquote has 49 available CFDs, a difference of 2,265.

Overall winner: eToro

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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 website as of 12/14/2020 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.

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