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Swissquote vs Plus500 2021

Is Plus500 better than Swissquote? In our analysis of 23 international regulators across 50 brokers, Plus500 is considered low-risk, with an overall trust score of 99 out of 99. Swissquote is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.


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 Plus500
Overall 4.5 4.5
Commissions & Fees 3.5 4.5
Offering of Investments 4.5 4
Platforms & Tools 4 4
Mobile Trading Apps 4.5 4.5
Research 4 3.5
Education 4 3
Trust Score 99 99
Swissquote Review Plus500 Review
74% of retail CFD accounts lose money 77% of retail CFD accounts lose money
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Regulation

Feature Swissquote Plus500
Trust Score 99 99
Year Founded
1996 2008
Publicly Traded (Listed)
Yes Yes
Bank
Yes No
Tier-1 Licenses
4 5
Tier-2 Licenses
1 3
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature Swissquote Plus500
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
Yes No
CBI Authorised (Ireland)
No No
FSA Authorised (Japan)
No Yes
MAS Authorised (Singapore)
Yes Yes
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No
FMA Authorised (New Zealand)
No Yes

Tier-2 Licenses (Average Trust)

Feature Swissquote Plus500
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No Yes
SEBI Authorised (India)
No No
ISA Authorised (Israel)
No Yes
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No Yes
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
Yes No

Tier-3 Licenses (Low Trust)

Feature Swissquote Plus500
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
Cayman Islands Monetary Authority (CIMA)
No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
VFSC Authorised (Vanuatu)
No No

Investments

Feature Swissquote Plus500
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
466 1896
Forex Pairs (Total)
78 71
US Stock Trading (Non CFD)
Yes Yes
Int'l Stock Trading (Non CFD)
Yes Yes
Social Trading / Copy-Trading
Yes No
Cryptocurrency (Physical)
Yes No
Cryptocurrency (CFD)
No Yes
Crypto Disclaimer (UK) 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

Feature Swissquote Plus500
Average Spread EUR/USD - Standard
N/A 0.6 (as of Aug 2018)
All-in Cost EUR/USD - Active
N/A N/A
Active Trader or VIP Discounts
Yes No
Execution: Agency Broker
Yes Yes
Execution: Market Maker
Yes Yes

Funding

Feature Swissquote Plus500
Minimum Deposit
$1000.00 €100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Swissquote Plus500
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes No
MetaTrader 5 (MT5)
Yes No
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature Swissquote Plus500
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 9
Charting - Indicators / Studies (Total)
49 110
Charting - Drawing Tools (Total)
16 21
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes No

Mobile Trading

Feature Swissquote Plus500
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
30 110
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes Yes

Research

Feature Swissquote Plus500
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Autochartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes

Education

Feature Swissquote Plus500
Has Education - Forex or CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature Swissquote Plus500
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

Overall

Feature Swissquote Plus500
Overall 4.5 4.5
Commissions & Fees 3.5 4.5
Offering of Investments 4.5 4
Platforms & Tools 4 4
Mobile Trading Apps 4.5 4.5
Research 4 3.5
Education 4 3
Trust Score 99 99
Swissquote Review Plus500 Review

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Plus500 vs Swissquote.

Does Plus500 or Swissquote offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Plus500 offers better pricing overall for traders.

Is Plus500 or Swissquote safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Plus500 holds 5 global Tier-1 licenses, while Swissquote holds 4. Plus500 holds 3 global Tier-2 licenses, while Swissquote holds 1. In our analysis of 23 international regulators across 50 brokers, Plus500 and Swissquote earned the same Trust Score.

Which trading platform is better: Plus500 or Swissquote?
To compare the trading platforms of both Plus500 and Swissquote, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Swissquote offers a better experience. With research, Swissquote offers superior market research. Finally, we found Swissquote to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While Swissquote offers copy trading, Plus500 does not. Swissquote offers MetaTrader 4 (MT4), while Plus500 does not.

How many forex pairs and CFDs are available to trade?
Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to Plus500's 71 available pairs. Forex pairs aside, Plus500 offers traders access to 1896 CFDs while Swissquote has 466 available CFDs, a difference of 1,430.

Can I trust Plus500?
Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by five tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Can I trust Swissquote?
Swissquote is a publicly traded company, operates a regulated bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulator (average trust), and no tier-3 regulators (low trust). Swissquote is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Monetary Authority of Sinagpore (MAS), Swiss Financial Market Supervisory Authority (FINMA), and the Financial Conduct Authority (FCA).

Is Plus500 good?
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to share trading and a thorough selection of CFDs.

Is Swissquote good?
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.

Overall winner: Swissquote

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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 website as of 01/10/2022 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 "Contact" link at the bottom of this page.

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Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

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