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.
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Swissquote vs Plus500 2021
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.
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Overall Rating
| Feature | Swissquote | Plus500 |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 99 |
| Swissquote Review | Plus500 Review | |
| 74% of retail CFD accounts lose money | 77% of retail CFD accounts lose money | |
| Winner | check_circle |
Regulation
| Feature | Swissquote | Plus500 |
| Trust Score | 99 | 99 |
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Year Founded |
1996 | 2008 |
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Publicly Traded (Listed) |
Yes | Yes |
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Bank |
Yes | No |
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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 |
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IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
Yes | No |
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CBI Authorised (Ireland) |
No | No |
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FSA Authorised (Japan) |
No | Yes |
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MAS Authorised (Singapore) |
Yes | Yes |
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FINMA Authorised (Switzerland) |
Yes | No |
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FCA Authorised (UK) |
Yes | Yes |
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CFTC Registered (USA) |
No | No |
|
FMA Authorised (New Zealand) |
No | Yes |
Tier-2 Licenses (Average Trust)
| Feature | Swissquote | Plus500 |
|
CBRC Authorised (China) |
No | No |
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CySEC Authorised (Cyprus) |
No | Yes |
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SEBI Authorised (India) |
No | No |
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ISA Authorised (Israel) |
No | Yes |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | Yes |
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SEC Authorised (Thailand) |
No | No |
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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 |
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Cayman Islands Monetary Authority (CIMA) |
No | No |
| BMA Authorised (Bermuda) | No | No |
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FSC Authorised (British Virgin Islands) |
No | No |
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FSC Authorised (Mauritius) |
No | No |
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VFSC Authorised (Vanuatu) |
No | No |
Investments
| Feature | Swissquote | Plus500 |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
466 | 1896 |
|
Forex Pairs (Total) |
78 | 71 |
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US Stock Trading (Non CFD) |
Yes | Yes |
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Int'l Stock Trading (Non CFD) |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | No |
|
Cryptocurrency (Physical) |
Yes | No |
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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) |
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All-in Cost EUR/USD - Active |
N/A | N/A |
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Active Trader or VIP Discounts |
Yes | No |
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Execution: Agency Broker |
Yes | Yes |
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Execution: Market Maker |
Yes | Yes |
Funding
| Feature | Swissquote | Plus500 |
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Minimum Deposit |
$1000.00 | €100 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | Yes |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | Swissquote | Plus500 |
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Proprietary Platform |
Yes | Yes |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | No |
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MetaTrader 4 (MT4) |
Yes | No |
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MetaTrader 5 (MT5) |
Yes | No |
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cTrader |
No | No |
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DupliTrade |
No | No |
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ZuluTrade |
No | No |
Trading Tools
| Feature | Swissquote | Plus500 |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
7 | 9 |
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Charting - Indicators / Studies (Total) |
49 | 110 |
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Charting - Drawing Tools (Total) |
16 | 21 |
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Charting - Trade From Chart |
Yes | No |
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Charting - Drawings Autosave |
Yes | No |
Mobile Trading
| Feature | Swissquote | Plus500 |
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Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
No | Yes |
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Charting - Indicators / Studies |
30 | 110 |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
No | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Forex Calendar |
Yes | Yes |
Research
| Feature | Swissquote | Plus500 |
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Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | No |
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Autochartist |
Yes | No |
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Trading Central (Recognia) |
Yes | No |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
No | Yes |
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Economic Calendar |
Yes | Yes |
Education
| Feature | Swissquote | Plus500 |
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Has Education - Forex or CFDs |
Yes | No |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
No | No |
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Investor Dictionary (Glossary) |
Yes | No |
Major Forex Pairs
| Feature | Swissquote | Plus500 |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | Swissquote | Plus500 |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| 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).
