After spending seven months and hundreds of hours researching 43 different forex brokers
for trading FX, our team at ForexBrokers.com team collected over 6,000 data points. For this review, we will compare KVB Kunlun 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. Swissquote's score is 3.50 stars versus KVB Kunlun 's 3.00 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. KVB Kunlun alongside Swissquote are regulated in a major hub. KVB Kunlun and Swissquote are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. KVB Kunlun trails Swissquote by 48 total currency pairs (for example, EUR/USD), with Swissquote offering 78 and KVB Kunlun offering 30.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. KVB Kunlun alongside 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. KVB Kunlun and Swissquote offer the same number of charting tools, 31. KVB Kunlun and Swissquote offer the same number of indicators (eg, volume), 51.
Overall, Swissquote takes the upper hand with 4.00 stars over KVB Kunlun 's 2.50 stars. And, when it comes to individual category awards, Swissquote finished with awards Best in Class - Customer Service in 2018, while KVB Kunlun came up with none of these.