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 and Swissquote are prominent players in the online brokerage space, each offering unique strengths to investors. Established in 2007, eToro is a publicly traded company that provides a user-friendly platform for trading various financial instruments. While not a bank, eToro holds three Tier-1 licenses, reflecting a high level of trust, and has a ForexBrokers.com Trust Score of 96, marking it as highly trusted. Swissquote, on the other hand, was founded in 1996 and stands out as both a brokerage firm and a bank. Publicly traded and holding the advantage with five Tier-1 licenses, Swissquote is rated slightly higher with a Trust Score of 99, underscoring its strong reputation in the industry.
When comparing the regulatory credentials, Swissquote edges ahead with its banking status and a greater number of trusted licenses. However, eToro remains a solid choice, offering a secure and accessible trading environment. Both companies are regulated and traded on stock exchanges, indicating transparency and reliability. For investors prioritizing trust and regulatory oversight, both eToro and Swissquote present viable options, with Swissquote having a slight upper hand in trust score and regulatory licenses.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Year Founded | 2007 | 1996 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 3 | 5 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
eToro edges out Swissquote on overall pricing. For commissions and fees, eToro earns 4.5 out of 5 stars and ranks #23 of 63, while Swissquote scores 3.5 out of 5 stars and ranks #54 of 63. eToro is a market-maker with a typical variable spread of 1 pip on EUR/USD—slightly above the industry average—yet still rates better than Swissquote on total costs.
At eToro, most costs center on spreads rather than commissions. Traders aren’t flocking to eToro for ultra-tight pricing as much as for its copy trading features, but fees can improve with the eToro Club VIP program. The five tiers (Silver to Diamond) span balances from $5,000 to $250,000 and can include perks like discounted withdrawal and deposit fees, access to Trading Central, and a dedicated account manager.
Swissquote’s pricing varies by entity and account type, and generally comes at a premium. In the U.K., active traders who deposit at least $10,000 may find the commission-based Elite account most appealing thanks to lower spreads plus a $5 round-turn commission; the Standard account starts at 1.3 pips on EUR/USD, while the Prime account advertises a 0.6-pip minimum (not an average). In Luxembourg, minimum spreads run from 1.5 pips (Standard) to 0.8 pips (Prime). In Switzerland, spreads start at 1.7 pips (Standard), drop to 1.4 pips (Premium), and 1.1 pips (Prime), with custom pricing available for high-volume traders. These tiers help narrow costs for active clients, but on balance Swissquote’s fees remain higher than many low-cost competitors, which aligns with its 3.5-star rating and #54 ranking.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 |
| Average Spread EUR/USD - Standard | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
eToro vs Swissquote: Both let you trade forex as CFDs and as spot, buy real U.S. and international shares (not CFDs), use copy trading, and access both actual cryptocurrency and crypto derivatives. For sheer variety, eToro lists 5,461 tradeable symbols, far more than Swissquote’s 472. If your focus is currencies, Swissquote offers 80 forex pairs compared with eToro’s 55.
Both brokers earn 5 stars for Range of Investments, but their standings differ: in ForexBrokers.com’s review of 63 brokers, Swissquote ranks #2 while eToro ranks #11. Choose eToro if you want a very wide catalog of instruments alongside copy trading and crypto options; pick Swissquote if you prefer deeper forex coverage while still getting shares, crypto, and copy trading.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 472 |
| Forex Pairs (Total) | 55 | 80 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | Yes |
| Cryptocurrency (Derivative) | 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 excel with their proprietary online trading platforms, offering a variety of tools to meet different investors' needs. Both platforms offer the benefit of paper trading with free virtual demo accounts, allowing users to practice their strategies without any financial risk. When it comes to platform accessibility, eToro provides a seamless web-based interface, while Swissquote offers both a web-based platform and a Windows-compatible desktop application for those preferring traditional PC setups. This distinction might appeal to users looking for more flexibility in how they choose to trade.
While both eToro and Swissquote support copy trading features to emulate successful traders, Swissquote stands out by offering the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are absent from eToro’s offerings. Chart enthusiasts may favor eToro, which provides 161 drawing tools compared to Swissquote’s 75. However, Swissquote allows trading directly from stock charts and offers more customized watch list columns than eToro, potentially catering to detail-oriented traders. Both brokers receive a commendable 4.5-star rating for their trading platforms and tools, with eToro ranked slightly higher at #8 compared to Swissquote’s #12 according to ForexBrokers.com.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 86 |
| Charting - Drawing Tools (Total) | 161 | 75 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 11 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of eToro and Swissquote, both platforms cater to iPhone and Android users, offering accessible trading on the go. They both allow users to receive stock and forex price alerts, ensuring traders are kept up-to-date with market movements. However, a key difference lies in the watchlist feature; eToro provides symbol syncing, allowing user modifications to reflect seamlessly across devices. In contrast, Swissquote lacks this syncing capability. Charting tools are another area where these platforms differ significantly. eToro offers a wealth of 104 technical studies, whereas Swissquote provides a modest selection of 30.
In terms of chart functionality, Swissquote allows traders to draw trendlines and save those drawings automatically. Unfortunately, eToro does not support these features. Both apps do provide the ability to view stock and forex charts across various time frames and create watchlists with real-time quotes. Despite these differences, both eToro and Swissquote score similarly for their mobile trading apps, boasting a robust 4.5-star rating. On the ranking scale by ForexBrokers.com out of 63 brokers, eToro takes the 10th spot, while Swissquote is slightly behind at 12th place. This indicates a strong performance for both in the competitive landscape of mobile trading.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of eToro and Swissquote, both platforms provide daily market commentary and feature economic calendars, aiding users in staying informed about global news events. However, eToro edges ahead with additional features such as sentiment-based trading tools and market research from TipRanks, which Swissquote lacks. Furthermore, eToro integrates tools from Trading Central, offering advanced technical analytics, while Swissquote collaborates with Autochartist, known for its technical analysis tools.
Swissquote distinguishes itself by offering forex news sourced from respected providers like Bloomberg and Reuters, a feature absent from eToro. When it comes down to user satisfaction ratings, eToro is favored slightly higher with a 4.5-star rating for research, compared to Swissquote's 4 stars. According to ForexBrokers.com, eToro holds the 13th spot among 63 brokers in the Research category, while Swissquote ranks 16th, reflecting varying strengths in their research capabilities but ultimately placing eToro ahead in this competitive analysis.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
eToro vs Swissquote for beginner education: both brokers check all the key boxes. Each offers a full set of forex and CFD learning resources with at least 10 dedicated articles, videos, or webinars; monthly client webinars with a searchable archive of past sessions; 10+ beginner videos and 10+ advanced videos; plus an investor dictionary with 50+ terms. In short, both platforms give newcomers the tools to learn at their own pace, from basics to more advanced trading ideas.
The main difference is quality and recognition. eToro holds a 4.5/5 Education rating and ranks #5 out of 63 brokers on ForexBrokers.com, while Swissquote is rated 4/5 and ranks #20. That edge hints that eToro’s learning path may feel more helpful for first-time traders, though Swissquote still delivers a complete library, regular webinars, and convenient replay access for beginners who want to build confidence step by step.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | 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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Both eToro and Swissquote provide the capability to purchase actual delivered cryptocurrencies as well as cryptocurrency derivatives (not the actual cryptocurrency), offering comprehensive options to traders in the digital currency market.
Both eToro and Swissquote provide a comprehensive range of deposit and withdrawal options, including ACH and SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, making them flexible choices for online trading needs.
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 | 3 | 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 (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | 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/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Swissquote | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 472 | |
| Forex Pairs (Total) | 55 | 80 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | Yes | |
| Cryptocurrency (Derivative) | 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 | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Swissquote | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | 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 | eToro | Swissquote | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 11 | |
| Charting - Indicators / Studies (Total) | 104 | 86 | |
| Charting - Drawing Tools (Total) | 161 | 75 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Swissquote | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Swissquote | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Swissquote | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | 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 | |
| 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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