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Swissquote vs WorldWideMarkets 2019

Is Swissquote better than WorldWideMarkets? After scoring forex brokers on nearly 100 different variables, Swissquote is better than WorldWideMarkets. Swissquote is a trusted, global multi-asset broker and bank offering traders access to over two million products, from forex to CFDs, exchange-traded securities, wealth advisory services, underlying cryptocurrencies, and more.
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 WorldWideMarkets
Overall 4 2.5
Swissquote Review WorldWideMarkets Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature Swissquote WorldWideMarkets
Trust Score 99 47
Year Founded
1996 2011
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
4 0
Tier-2 Licenses
1 0
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Swissquote WorldWideMarkets
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
Yes No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Investments

Feature Swissquote WorldWideMarkets
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
78 20
CFDs - Total Offered
52 15
Cryptocurrency traded as actual
Yes No
Cryptocurrency traded as CFD
No Yes
Offering of Investments 4 2.5
Winner check_circle

Cost

Feature Swissquote WorldWideMarkets
Average Spread EUR/USD - Standard
N/A 3
All-in Cost EUR/USD - Active
N/A N/A
Active Trader or VIP Discounts
Yes No
Commissions & Fees 3.5 3
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Funding

Feature Swissquote WorldWideMarkets
Minimum Initial Deposit
€500.00 $20.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

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

Trading Tools

Feature Swissquote WorldWideMarkets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
7 n/a
Charting - Indicators / Studies (Total)
51 78
Charting - Drawing Tools (Total)
31 37
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 2.5
Winner check_circle

Mobile Trading

Feature Swissquote WorldWideMarkets
Android App
Yes No
Apple iOS App
Yes No
Trading - Forex
Yes No
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes No
Watch List
Yes No
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes No
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes No
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3.5 3
Winner check_circle

Research

Feature Swissquote WorldWideMarkets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
No No
Economic Calendar
Yes Yes
Research 4 2
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Education

Feature Swissquote WorldWideMarkets
Has Education - Forex
Yes Yes
Has Education - CFDs
No 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 Yes
Education 3.5 2
Winner check_circle

Major Forex Pairs

Feature Swissquote WorldWideMarkets
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 WorldWideMarkets
Swissquote Review WorldWideMarkets Review
Overall 4 2.5
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Swissquote vs WorldWideMarkets.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Swissquote is a better option with a 3.50 star rating over WorldWideMarkets's 3.00 star rating.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both Swissquote and WorldWideMarkets are regulated in a major hub. Swissquote is a publicly traded company, WorldWideMarkets isn't. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. WorldWideMarkets trails Swissquote by 58 total currency pairs (for example, EUR/USD), with Swissquote offering 78 and WorldWideMarkets offering 20.

To round out our comparison of Swissquote vs WorldWideMarkets, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Both Swissquote and WorldWideMarkets offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. WorldWideMarkets offers its clients access to 37 charting tools while Swissquote has 31 charting tools, a difference of 6. Swissquote trails WorldWideMarkets by 27 total different indicators (for example, moving averages), with WorldWideMarkets offering 78 and Swissquote offering 51.

Swissquote Review
WorldWideMarkets Review


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 web site as of 02/18/2019 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 link at the bottom of this page.

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