Etrade
Swissquote
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Etrade was founded in 2012 and is headquartered in United States, while Swissquote was established in 1999 and is based in Switzerland. Etrade holds licences including Securities and Exchange Commission (SEC), while Swissquote is regulated by Financial Conduct Authority (FCA) among others. Etrade serves 10,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $100 at Etrade and $0 at Swissquote.
| Feature | Etrade | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2012 | 1999 |
| Country | United States | Switzerland |
| Clients | 10,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between Etrade and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Etrade). Neither broker charges withdrawal fees. Overall, Swissquote scores higher on fees in our assessment.
| Feature | Etrade | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Etrade offers MT4, MT5, cTrader, while Swissquote supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Etrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Etrade | Swissquote |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Etrade and Swissquote compare. Etrade runs regular live webinars; Swissquote does not. Both provide video tutorials. Etrade publishes daily market commentary; Swissquote does not. Both integrate third-party research tools. Etrade maintains an archive of past webinars for on-demand viewing. Etrade scores higher overall in education and research.
| Feature | Etrade | Swissquote |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Etrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Swissquote supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Etrade | Swissquote |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Etrade and Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. Etrade supports 2 languages and Swissquote supports 8, giving Swissquote broader global reach. Both brokers are comparable on support quality.
| Feature | Etrade | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |