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.
Comparing online brokers eToro and Swissquote: both are publicly traded, but only Swissquote is a bank. eToro was founded in 2007 and Swissquote in 1996. On ForexBrokers.com’s 0–99 Trust Score, eToro scores 96 and Swissquote 99—both fall in the “highly trusted” 90–99 range.
For regulation, eToro holds 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Swissquote holds 5 Tier-1 and 2 Tier-2 licenses and is also a bank. In short, Swissquote shows broader top-tier coverage, while eToro remains a highly trusted choice among non-bank brokers.
| 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 |
Comparing commissions and fees, eToro lists a typical variable spread of 1 pip on EUR/USD, while Swissquote’s pricing depends on which branch and account you use. Many Swissquote accounts show higher minimum or typical spreads, though its U.K. Elite account pairs lower spreads with a $5 round-turn commission. On ratings, eToro scores 4.5/5 stars and ranks #22 of 63 for Commissions and Fees; Swissquote scores 3.5/5 stars and ranks #35 of 63.
eToro is a market-maker broker, so you pay via the spread rather than a trading commission. Its 1‑pip typical spread on EUR/USD is a bit above the industry average, and most traders choose eToro more for its social copy features than for ultra‑low pricing. For non-trading costs, the eToro Club (balances from $5,000 to $250,000 across five tiers) can trim some fees with perks like discounted deposits/withdrawals, access to Trading Central, and a dedicated account manager.
Swissquote’s costs vary by region. In the U.K., the commission-based Elite account is best for active traders (deposit at least $10,000), offering lower spreads plus a $5 charge per round turn; the Standard account starts at 1.3 pips on EUR/USD, and Prime advertises a 0.6‑pip minimum (not an average). In Luxembourg, minimum spreads range from 1.5 pips (Standard, $1,000 minimum) to 0.8 pips (Prime, $50,000 minimum). In Switzerland, forex accounts start at 1.7 pips (Standard, $1,000 minimum), 1.4 pips (Premium, $10,000), and 1.1 pips (Prime, $50,000), with custom pricing negotiable for high volume.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | 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.
eToro and Swissquote both let you trade forex as CFDs or spot, and both support exchange-traded stocks on U.S. and international markets. Each also offers copy trading, plus the choice between buying real cryptocurrency or trading crypto via CFDs. In terms of breadth, eToro lists 7,441 tradeable symbols, giving you a huge menu across assets, while Swissquote offers 472. For currency traders, however, Swissquote provides more depth with 80 forex pairs versus eToro’s 55.
Both brokers earn 5 stars for Range of Investments. That said, in ForexBrokers.com’s rankings out of 63 brokers, Swissquote places #2 and eToro ranks #11. Choose Swissquote if you prioritize a stronger selection of forex pairs within a highly rated lineup; pick eToro if you want a larger overall catalog of markets along with popular social and crypto options.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 472 |
| Forex Pairs (Total) | 55 | 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 check key boxes for trading platforms and tools. Each provides a free demo account for paper trading, an in‑house platform, a web-based platform, copy trading, and the ability to place orders directly from charts. The biggest differences: Swissquote offers a Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while eToro does not offer a Windows desktop app or MT4/MT5. If you want to trade in your browser with built-in copy trading, eToro fits well; if you prefer a downloadable Windows platform and MetaTrader access, Swissquote stands out.
Both earn 4.5 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings of 63 brokers, eToro places #8 and Swissquote ranks #12. Your choice comes down to platform preferences: browser-first and social features with eToro, or desktop and MetaTrader versatility with Swissquote.
| 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.
Both eToro and Swissquote offer mobile trading apps for iPhone and Android, and both support stock and forex price alerts. A key difference is watchlist syncing: eToro syncs your watchlist between the app and web platform so changes carry over across devices, while Swissquote does not.
For charting, eToro includes 104 built-in technical studies but does not let you draw trendlines or auto-save chart drawings. Swissquote offers 30 studies and does support drawing trendlines with auto-save. Both apps earn 4.5 out of 5 stars; in ForexBrokers.com’s Mobile Trading Apps rankings, eToro places #10 out of 63 brokers and Swissquote ranks #12. Pick eToro if you want more indicators and synced watchlists, or Swissquote if drawing and saving chart annotations is your priority.
| 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 | No | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
In the eToro vs Swissquote market research comparison, both brokers cover the basics: daily market commentary, an economic calendar with upcoming events, and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. The differences show up in add-on tools. eToro includes Trading Central for technical insights, a sentiment tool that displays long/short positioning, and stock research from TipRanks. Swissquote counters with Autochartist for chart pattern scanning, but it does not include Trading Central, a sentiment gauge, or TipRanks. Neither broker currently offers tools from Acuity Trading.
If you want sentiment data and equity research alongside news and analysis, eToro is the more feature-rich choice. If you prefer automated chart pattern ideas from Autochartist, Swissquote has an edge there. According to ForexBrokers.com, eToro earns 4.5 out of 5 stars for Research and ranks #13 out of 63 brokers, while Swissquote earns 4 out of 5 stars and ranks #15.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re new to trading, both eToro and Swissquote make learning straightforward. Each broker provides a forex and CFD education hub with at least ten pieces of content, including articles, videos, and archived webinars. You’ll also get ongoing client webinars (at least monthly) plus a deep catalog of videos for every level: 10+ beginner lessons to get you started and 10+ advanced videos when you’re ready to go further.
Where they differ is in third-party ratings. For Education, eToro earns 4.5 out of 5 stars and ranks 3rd out of 63 brokers at ForexBrokers.com, while Swissquote scores 4 stars and ranks 19th. In short, both are solid choices for beginner education, but eToro edges ahead if you want a higher-rated learning experience; Swissquote still delivers a well-rounded library with frequent webinars and plenty of videos.
| 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 #11.
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 | 96 | 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 | 96 | 99 | |
| Winner | check_circle | ||
| Review | eToro Review | Swissquote Review |
| Broker Screenshots | eToro | Swissquote | |
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| Regulation | eToro | Swissquote | |
|---|---|---|---|
| Trust Score | 96 | 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 SCA 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) | 55 | 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) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | 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 | 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 Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | 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 | Yes | 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Swissquote Review |
| Overall | eToro | Swissquote | |
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| Trust Score | 96 | 99 | |
| Winner | check_circle | ||
| Review | eToro Review | Swissquote Review |
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