Written by ForexBrokers.com
In this head to head comparison of Swissquote vs RoboForex, 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 RoboForex offer distinct profiles when it comes to online brokerage, particularly in terms of trust and regulation. Established in 1996, Swissquote stands out as a publicly traded company and a bank. It boasts a perfect Trust Score of 99 from ForexBrokers.com, reflecting its five Tier-1 licenses and two Tier-2 licenses. These credentials underscore Swissquote as a highly trusted option for investors seeking a secure and regulated trading environment.
In contrast, RoboForex, founded in 2009, does not have the same breadth of recognition in terms of regulation. RoboForex is not publicly traded and operates without banking status, holding just one Tier-1 license with no Tier-2 licenses. RoboForex's ForexBrokers.com Trust Score of 73 indicates an average risk rating, suggesting a moderate level of confidence in its regulatory standing compared to Swissquote. Investors who prioritize security and regulation might find Swissquote's profile more compelling.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| Year Founded | 1996 | 2009 |
| 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 | 2 |
When comparing the commissions and fees of Swissquote and RoboForex, investors will find notable differences in their cost structures and account offerings. Swissquote, associated with the prestige of a Swiss banking conglomerate, comes at a premium. Trading costs aren't the most competitive, particularly when compared to low-cost forex brokers. Swissquote's U.K. accounts offer relatively lower costs, featuring four account options. The Elite account, with its $5 charge per round-turn trade and lower spreads, is suited for active traders depositing at least $10,000. In contrast, the Standard account starts with spreads of 1.3 pips for EUR/USD. Swissquote's Luxembourg and Swiss branches offer varying account types and deposit requirements, with similar pricing to their U.K. counterpart.
RoboForex offers a more streamlined approach to fees with average spreads of 1.3 pips on EUR/USD for both Procent and Pro accounts. These spreads may not be the most competitive in the industry, reflecting the higher end of typical costs. Despite these costs, RoboForex provides accessible trading opportunities for a range of investors who prioritize straightforward pricing structures.
In a side-by-side evaluation, both Swissquote and RoboForex receive a 3.5-star rating for commissions and fees. While Swissquote is ranked #53 out of 63 brokers in this category by ForexBrokers.com, RoboForex lags slightly behind, coming in at #55. These rankings highlight subtle distinctions in their fee structures, guiding investors in selecting an option that aligns best with their trading preferences.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $1000 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.3 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| 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 Swissquote and RoboForex, both brokers offer a wide array of investment options suited for various investor needs. Swissquote provides forex trading through both CFDs and spot contracts, with 472 tradeable symbols and a comprehensive selection of 80 forex pairs. It caters to clients seeking opportunities in global stock markets by allowing access to exchange-traded securities on major U.S. and international exchanges. Swissquote also supports cryptocurrency enthusiasts by offering options to buy actual cryptocurrencies and derivatives, retaining its commitment to diverse investment possibilities. Notably, it scored an impressive 5 stars for its range of investments and ranks #2 out of 63 brokers in this area.
In contrast, RoboForex shines with an extensive offering of 8,400 tradeable symbols but limits its tradeable forex pairs to 28. Although it doesn't provide access to U.S. or international exchange-traded securities like Swissquote, RoboForex supports investors through forex CFDs and spot contracts, as well as cryptocurrency derivatives. While it doesn't offer the purchase of actual cryptocurrencies or U.S. exchange-traded stocks, RoboForex still boasts a solid range of investments, earning a respectable 4.5 stars. Ranked #20 by ForexBrokers.com, RoboForex remains a popular choice for many due to its broader selection of tradeable symbols.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 8400 |
| Forex Pairs (Total) | 80 | 28 |
| 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 RoboForex, both brokers provide a solid foundation with features like simulated (paper) trading through free virtual demo accounts. Swissquote stands out with its proprietary platform alongside support for Windows-based desktop downloads and web-based trading. RoboForex, while lacking a proprietary platform, still supports robust options for desktop and web-based trading. Both brokers include popular platforms like MetaTrader 4 and MetaTrader 5 and facilitate copy trading. Unfortunately, neither offers DupliTrade or ZuluTrade integration.
In terms of charting, Swissquote edges ahead with 75 drawing tools compared to RoboForex’s 15. Feature-rich watch lists are available too, with Swissquote offering 11 columns versus RoboForex’s 7. Both brokers allow trading directly from a stock chart. Swissquote earns a favorable 4.5-star rating in the Trading Platforms and Tools category, ranking 12th out of 63 brokers on ForexBrokers.com. RoboForex is rated 4 stars, occupying the 43rd position. For traders seeking a comprehensive trading experience, Swissquote’s enhanced tools and higher industry ranking make it a notable choice.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| 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.
Both Swissquote and RoboForex offer mobile trading apps for iPhone and Android users, making them convenient options for traders on the go. Each app provides essential features like stock and forex price alerts, 30 technical studies for charting, and the ability to draw trendlines and view multiple time frames on charts. However, neither platform currently supports watchlist symbol syncing, which means users will need to manually update their watchlists on different devices.
In terms of ratings and rankings, Swissquote edges ahead with a rating of 4.5 stars compared to RoboForex's 4 stars. This higher rating is reflected in Swissquote's standing, being ranked #12 out of 63 brokers for mobile trading apps by ForexBrokers.com, while RoboForex is positioned at #43. Both apps also allow users to create watchlists with real-time quotes, and they automatically save chart drawings, adding to the user-friendly experience. Ultimately, Swissquote's mobile app may offer a slightly more refined experience based on its higher accolades and close attention to user preferences.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| 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 RoboForex for market research features, both platforms offer daily market commentary and provide forex news from top-tier sources such as Bloomberg and Reuters. Swissquote shines by offering tools from Autochartist, a well-regarded provider of technical and fundamental research aids. In contrast, RoboForex lacks these Autochartist tools but compensates with resources from Trading Central, including Technical Analytics. While neither broker offers sentiment-based trading tools or market research from TipRanks, RoboForex includes research tools from Acuity Trading like Signal Centre, which Swissquote does not provide.
Both Swissquote and RoboForex provide economic calendars that track current and upcoming global news events, giving traders insights into major market movements. According to ForexBrokers.com, Swissquote is rated 4 out of 5 stars for research, securing the #16 spot out of 63 brokers. RoboForex, with a 3.5-star rating, ranks lower at #37. These rankings reflect the differences in the breadth and depth of research tools and resources offered by each platform, guiding traders in choosing the service that aligns best with their trading strategies and research needs.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Swissquote clearly stands out compared to RoboForex. Swissquote offers a comprehensive educational experience with over ten pieces focused on forex and CFDs, including articles, videos, and archived webinars. They also host at least one educational webinar every month and provide access to a library of previously recorded sessions. This broker caters to both beginner and advanced traders by presenting a wide array of video content tailored to each group's needs. Additionally, Swissquote features a valuable investor dictionary with more than 50 investing terms, further aiding those new to trading.
In contrast, RoboForex falls short in several areas of beginner education. They do not offer the minimum number of educational pieces centered on forex and CFDs, nor do they provide regular client webinars or a searchable archive of past webinars. RoboForex lacks significant beginner and advanced video content, and they do not offer an investor dictionary with key trading terms. While Swissquote earns a solid four-star rating for its educational resources and ranks 21st out of 63 brokers, RoboForex is rated at 3.5 stars, landing it in the 56th position. This comparison highlights Swissquote's commitment to supporting novice traders on their journey by offering extensive and accessible educational materials.
| Feature |
Swissquote
|
RoboForex
|
|---|---|---|
| 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 RoboForex. Swissquote finished with an overall rank of #11, while RoboForex finished with an overall rank of #46.
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
|
RoboForex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Swissquote and RoboForex provide the option to trade cryptocurrency derivatives, but only Swissquote offers the ability to purchase actual delivered cryptocurrency.
Both Swissquote and RoboForex offer a variety of options for depositing or withdrawing account funds, including ACH and SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, making them versatile choices for traders looking for flexible financial transaction methods.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Swissquote | RoboForex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review | RoboForex Review |
| Broker Screenshots | Swissquote | RoboForex | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Swissquote | RoboForex | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1996 | 2009 | |
| 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 | 2 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 8400 | |
| Forex Pairs (Total) | 80 | 28 | |
| 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 | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.3 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $1000 | $100 | |
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex Review |
| Overall | Swissquote | RoboForex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review | RoboForex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill