Written by ForexBrokers.com
In this head to head comparison of Swissquote vs GBE brokers, 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.
Swissquote and GBE Brokers offer online trading services with different levels of trust and security for traders. Founded in 1996, Swissquote stands out as a publicly traded company on the stock exchange and operates as a bank. It boasts a high level of trust with a perfect ForexBrokers.com Trust Score of 99, the highest possible rating. Swissquote's regulatory strength is supported by five Tier-1 licenses and two Tier-2 licenses, highlighting its commitment to maintaining a reliable platform for traders.
On the other hand, GBE Brokers, established in 2013, is not publicly traded and does not operate as a bank. With a ForexBrokers.com Trust Score of 71, it is categorized as presenting an average risk. GBE Brokers' regulatory framework includes one Tier-1 license but lacks any Tier-2 licenses. This contrast in regulatory credentials can aid traders in choosing between the comprehensive option offered by Swissquote and the more recent player, GBE Brokers, which offers a straightforward trading experience.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Year Founded | 1996 | 2013 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing the commissions and fees of Swissquote and GBE brokers, it's important to note that while Swissquote offers the prestige of a Swiss banking connection, this comes with a higher cost. Swissquote's U.K. entity offers competitive pricing among its branches, with a commission-based Elite account that lowers spreads for those depositing at least $10,000, making it a suitable choice for active traders. Other account options such as the Standard, Prime, and Professional accounts present varying cost structures with different spread offerings. Meanwhile, Swissquote's Luxembourg and Swiss branches offer accounts with higher deposit requirements and similar pricing tiers, albeit with slightly higher spreads in some cases.
On the other hand, GBE brokers offer a simpler approach to fee structures, although average spread data is not publicly available. Despite this less detailed fee transparency, GBE brokers have been rated more favorably for their commission and fees compared to Swissquote. While specific cost structures might be less clear-cut from the onset, the broker has managed to earn higher recognition for its cost-effectiveness within the trading community.
In terms of ratings, Swissquote earns a 3.5-star rating out of five for its commissions and fees, ranking 53rd out of 63 brokers in the category, as evaluated by ForexBrokers.com. Conversely, GBE brokers have achieved a higher rank of 37th and a better rating of 4 stars, suggesting a more favorable perception in terms of affordability and overall fee structures. For traders prioritizing lower costs, GBE brokers might be a more appealing choice, while Swissquote may attract those looking for the benefits tied to a Swiss banking institution.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $1000 | $500 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| 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.
When comparing the range of investments offered by Swissquote and GBE brokers, both platforms provide options for forex trading available as CFD or spot contracts. Swissquote presents clients with an impressive 472 tradeable symbols, alongside 80 forex pairs, while GBE brokers offer a slightly higher count of 500 tradeable symbols but with 71 forex pairs. A significant distinction is Swissquote's inclusion of exchange-traded securities on both U.S. and international exchanges, enabling clients to purchase shares like Apple and Vodafone, a feature GBE brokers do not provide. Additionally, Swissquote allows for both actual cryptocurrency purchases and cryptocurrency derivatives, whereas GBE brokers focus solely on derivatives in the crypto market.
In terms of client copying opportunities, both brokerages support copy trading, presenting traders with valuable insights from other successful investors. When rated by ForexBrokers.com, Swissquote's range of investments achieves a 5-star rating, placing it second among 63 brokers, underscoring the breadth of its offerings. Conversely, GBE brokers have a more modest 3.5-star rating and stand at the 44th position, highlighting some limitations in their investment range compared to Swissquote. Ultimately, Swissquote's diverse array of investment options positions it as a more comprehensive platform for investors seeking broad market exposure.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 500 |
| Forex Pairs (Total) | 80 | 71 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| 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.
When comparing the trading platforms and tools offered by Swissquote and GBE brokers, both offer a variety of features suited for traders of all levels. Swissquote stands out with its proprietary platform developed in-house, alongside popular options like MetaTrader 4 and MetaTrader 5. GBE brokers also support MetaTrader 4 and 5 but do not have a proprietary platform. Both brokers provide access to web-based platforms, Windows desktop downloads, and offer simulated trading accounts for practice through virtual demos, enabling users to get familiar with trading strategies risk-free. Additionally, both companies facilitate copy trading but do not support DupliTrade or ZuluTrade.
Regarding charting capabilities, Swissquote offers an impressive 75 drawing tools, significantly more than GBE brokers' 15. Swissquote also provides the ability to trade directly from a stock chart and accommodates 11 columns for watchlists compared to GBE brokers' 7. In overall satisfaction, Swissquote receives a 4.5-star rating for its trading platforms and tools, ranking 12th out of 63 brokers on ForexBrokers.com. Meanwhile, GBE brokers achieve a 4-star rating, ranking 57th. These rankings underline Swissquote’s superior position due to its comprehensive features and user-friendly platform options.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and GBE brokers both offer feature-rich mobile trading apps compatible with iPhone and Android devices. Both platforms allow users to set stock and forex price alerts and offer 30 technical studies for charting. Users of both Swissquote and GBE brokers can enjoy the ability to draw trendlines and access multiple time frames on charts, with the added benefit of auto-saving any drawings. Each app allows creating a watchlist with real-time quotes, although neither offers watchlist symbol syncing, meaning watchlists changes in the mobile app do not sync with the client’s online account.
When it comes to user reviews and rankings, Swissquote receives 4.5 out of 5 stars for its mobile trading app, ranking it #12 out of 63 brokers according to ForexBrokers.com. On the other hand, GBE brokers earn a slightly lower rating of 4 out of 5 stars, placing it at #57 in the same ranking. This reflects Swissquote's higher user satisfaction compared to GBE brokers, highlighting Swissquote as the more popular choice for mobile trading among its users.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Swissquote and GBE Brokers for market research, both platforms offer daily market commentary and feature an economic calendar that highlights global news events. However, Swissquote stands out by providing forex news from top-tier sources such as Bloomberg and Reuters, something GBE Brokers does not offer. Swissquote also includes additional tools like Autochartist for technical analysis, enhancing the research experience. GBE Brokers does not offer these Autochartist tools but provides a sentiment-based trading tool to gauge market positions, which Swissquote lacks.
Despite both brokers not offering research tools from Trading Central, TipRanks, or Acuity Trading, Swissquote receives a higher overall research rating of 4 stars compared to GBE Brokers' 3 stars. Furthermore, Swissquote is ranked #16 out of 63 brokers for research by ForexBrokers.com, whereas GBE Brokers ranks considerably lower at #62. This makes Swissquote a more comprehensive choice for traders seeking in-depth market insights and analysis tools.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at Swissquote and GBE brokers, Swissquote stands out as a more comprehensive choice. Swissquote offers a wide array of resources to help novices get started with forex and CFD trading. This includes over ten educational pieces such as articles and videos, alongside regular, easily accessible client webinars each month. Swissquote also maintains a searchable archive of past webinars, providing learners with the ability to revisit previously covered topics at their convenience. Additionally, Swissquote caters to both beginners and experienced traders by providing at least ten educational videos specific to each group, ensuring a tailored learning journey for all levels.
On the other hand, GBE brokers appear to fall short in comparison. They do not offer a minimum of ten educational pieces on forex and CFDs nor do they provide regular client webinars or archives of such. Beginner and advanced learning resources are also lacking, with fewer than ten dedicated educational videos available. Furthermore, an investor dictionary with ample investing term definitions is another feature offered by Swissquote that GBE does not match. This difference in educational support is reflected in their ratings, with Swissquote earning 4 out of 5 stars for its educational offerings, while GBE brokers receive just 3 stars. In global rankings, this places Swissquote at #21 and GBE brokers at #63, highlighting the superior education support provided by Swissquote.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than GBE brokers. Swissquote finished with an overall rank of #11, while GBE brokers finished with an overall rank of #57.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Swissquote distinguishes itself by allowing users to purchase actual delivered cryptocurrency in addition to cryptocurrency derivatives, whereas GBE brokers only provides the option to trade cryptocurrency derivatives, not the actual cryptocurrency.
Both Swissquote and GBE Brokers provide a wide range of deposit and withdrawal options, including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, ensuring flexibility and convenience for their users.
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 | Swissquote | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | GBE brokers | |
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| Regulation | Swissquote | GBE brokers | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1996 | 2013 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | GBE brokers | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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) | Swissquote | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 500 | |
| Forex Pairs (Total) | 80 | 71 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| 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 | Swissquote | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $1000 | $500 | |
| 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 | Swissquote | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Swissquote | GBE brokers | |
|---|---|---|---|
| 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 | Swissquote Review |
| Overall | Swissquote | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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