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 |
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 account | 1 | 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.
eToro and Swissquote both cover the basics for market research: each delivers daily market commentary, top-tier forex news (from sources like Bloomberg/Reuters/Dow Jones), and an easy-to-use economic calendar. The key differences are in their toolsets. eToro includes Trading Central analytics, a sentiment tool that shows long/short ratios, and TipRanks stock research. Swissquote counters with Autochartist for pattern recognition, but it lacks Trading Central, sentiment data, and TipRanks. Neither broker currently offers tools from Acuity Trading.
In independent evaluations, eToro earns 4.5 out of 5 stars for Research and ranks #13 out of 63 brokers at ForexBrokers.com, while Swissquote scores 4 stars and ranks #16. If you value sentiment insights and analyst-driven ideas, eToro has the edge; if you prefer automated chart pattern scanning, Swissquote’s Autochartist is a plus.
| 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.
For beginners comparing education at eToro and Swissquote, both brokers make it easy to get started with forex and CFD learning. Each runs ongoing client webinars (at least one per month) and offers plenty of video lessons, including at least 10 beginner-focused videos and at least 10 for advanced topics. That means you can grow from basics to more complex strategies with videos, webinars, and other learning formats centered on trading forex and CFDs.
Where they differ is in the overall quality scores. eToro earns 4.5 out of 5 stars for Education and ranks #5 out of 63 brokers on ForexBrokers.com, while Swissquote earns 4 out of 5 stars and ranks #20. Both are good choices for new traders, but eToro edges ahead in educational depth and user experience based on these independent ratings.
| 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 (SFC 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 | 1 | 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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