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Swissquote vs ETX Capital 2019

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Is ETX Capital better than Swissquote? After assessing forex brokers on nearly 100 different variables, Swissquote is better than ETX Capital . Swissquote is a trusted, global multi-asset broker and bank offering traders access to over two million products, from forex to CFDs, exchange-traded securities, wealth advisory services, underlying cryptocurrencies, and more.

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 Swissquote ETX Capital
Overall 4 3.5
Swissquote Review ETX Capital Review
74-89% of retail CFD accounts lose money 78% of retail CFD accounts lose money

Regulation

Feature Swissquote ETX Capital
Trust Score 99 79
Year Founded
1996 1965
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
3 1
Tier-2 Licenses
1 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

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

Tier-2 Licenses

Feature Swissquote ETX Capital
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
Yes No

Tier-3 Licenses

Feature Swissquote ETX Capital
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No No

Investments

Feature Swissquote ETX Capital
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
78 59
CFDs - Total Offered
57 6000
Cryptocurrency traded as actual
Yes No
Cryptocurrency traded as CFD
No Yes
Offering of Investments 4 3
Winner check_circle

Cost

Feature Swissquote ETX Capital
Average Spread EUR/USD - Standard
N/A 0.95 (as of May 18)
All-in Cost EUR/USD - Active
N/A 0.81 (as of May 18)
Active Trader or VIP Discounts
Yes No
Commissions & Fees 3.5 4
Winner check_circle

Funding

Feature Swissquote ETX Capital
Minimum Initial Deposit
€500.00 $£100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes
UnionPay (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Swissquote ETX Capital
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No

Trading Tools

Feature Swissquote ETX Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 3.5
Winner check_circle

Mobile Trading

Feature Swissquote ETX Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No No
Mobile Trading 3.5 4
Winner check_circle

Research

Feature Swissquote ETX Capital
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
No No
Economic Calendar
Yes Yes
Research 4 3
Winner check_circle

Education

Feature Swissquote ETX Capital
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes No
Tutorials/Guide (PDF or Interactive)
Yes No
Education 3.5 2.5
Winner check_circle

Major Forex Pairs

Feature Swissquote ETX Capital
GBPUSD (or USDGBP)
Yes Yes
USDJPY (or JPYUSD)
Yes Yes
EURUSD (or USDEUR)
Yes Yes
USDCHF (or CHFUSD)
Yes No
USDCAD (or CADUSD)
Yes Yes
NZDUSD (or USDNZD)
Yes Yes
AUDUSD (or USDAUD)
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature Swissquote ETX Capital
Swissquote Review ETX Capital Review
Overall 4 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare ETX Capital vs Swissquote.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. ETX Capital received a rating of 4.00 stars over Swissquote's 3.50 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ETX Capital alongside Swissquote are regulated in a major hub. Swissquote is a publicly traded company, while ETX Capital is not. As far as how many currency pairs are available for trading, here's the answer. Swissquote offers its clients access to 78 different currency pairs while ETX Capital has 59 available pairs, a difference of 19.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Both ETX Capital and Swissquote offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Both ETX Capital and Swissquote provide clients with access to 31 total charting tools. ETX Capital and Swissquote offer the same number of indicators (eg, volume), 51.

ETX Capital Review
Swissquote Review


Trading CFDs, FX, and cryptocurrencies involves 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 web site as of 02/18/2019 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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