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eToro vs Swissquote 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is eToro better than Swissquote? In our analysis of 23 international regulators across 62 of the best forex brokers, eToro is considered low-risk, with an overall Trust Score of 93 out of 99. Swissquote is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating eToro Swissquote
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 93 99
Winner check_circle
Review eToro Review Swissquote Review
Broker Screenshots eToro Swissquote
Trading Platforms Gallery (click to expand) info
Research Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation eToro Swissquote
Trust Score info 93 99
Year Founded info 2007 1996
Publicly Traded (Listed) info No Yes
Bank info No Yes
European Union Authorised (MiFID) info Yes info Yes info
Tier-1 Licenses info 2 4
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-1 Licenses (High Trust) eToro Swissquote
Australia (ASIC Authorised) info Yes No
Canada (SRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
CBI Authorised (Ireland) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No Yes
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Tier-2 Licenses (Average Trust) eToro Swissquote
China (CBRC Authorised) info No No
Cyprus (CySEC Authorised) info Yes No
India (SEBI Authorised) info No No
Israel (ISA Authorised) info No No
Russia (CBR Authorised) info No No
South Africa (FSCA Authorised) info No No
Thailand (SEC Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No Yes
Tier-3 Licenses (Low Trust) eToro Swissquote
Bahamas (SCB Authorised) info No No
Belize (FSC Authorised) info No No
Cayman Islands (CIMA Authorised) info No No
Bermuda (BMA Authorised) info No No
British Virgin Islands (FSC Authorised) info No No
Mauritius (FSC Authorised) info No No
Vanuatu (VFSC Authorised) info No No
Investments eToro Swissquote
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 3458 466
Forex Pairs (Total) info 49 78
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes Yes
Cryptocurrency (CFD) Yes No
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 - Standard info 1 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Active Trader or VIP Discounts info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding eToro Swissquote
Minimum Deposit info $10-$10,000 $1000
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms eToro Swissquote
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools eToro Swissquote
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 7
Charting - Indicators / Studies (Total) info 66 49
Charting - Drawing Tools (Total) info 13 16
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading eToro Swissquote
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 5 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Forex Calendar info No Yes
Research eToro Swissquote
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education eToro Swissquote
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs eToro Swissquote
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review eToro Review Swissquote Review
Overall eToro Swissquote
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 93 99
Winner check_circle
Review eToro Review Swissquote Review
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eToro vs Swissquote Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 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 23 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. In our analysis of 23 international regulators across 50 brokers, Swissquote earned a higher Trust Score than eToro.

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 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. Neither broker offers Meta Trader.eToro and Swissquote both offer copy trading.

How many forex pairs and CFDs are available to trade?

Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to eToro's 49 available pairs. Forex pairs aside, eToro offers traders access to 3458 CFDs while Swissquote has 466 available CFDs, a difference of 2992.

Can I trust eToro?

eToro is not publicly traded and does not operate a bank. eToro is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). eToro is authorised by the following tier-1 regulators: Australian Securities & Exchange Commission (ASIC) and the Financial Conduct Authority (FCA).

Can I trust Swissquote?

Swissquote is a publicly traded company, operates a regulated bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulator (average trust), and no tier-3 regulators (low trust). Swissquote is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Monetary Authority of Sinagpore (MAS), Swiss Financial Market Supervisory Authority (FINMA), and the Financial Conduct Authority (FCA).

Is eToro good?

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors โ€“ or receive exclusive perks for sharing their own trading strategies.

Is Swissquote good?

Traders choose Swissquote for its quality research and vast multi-asset offering โ€“ as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.

Overall winner: eToro

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