Plus500
Swissquote
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Overview
Plus500 was founded in 2008 and is headquartered in Israel, while Swissquote was established in 1999 and is based in Switzerland. Plus500 holds licences including Plus500UK Ltd authorized & regulated by the FCA (#509909), while Swissquote is regulated by Financial Conduct Authority (FCA) among others. Plus500 serves 1,000,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $100 at Plus500 and $0 at Swissquote.
| Feature | Plus500 | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA) |
| Founded | 2008 | 1999 |
| Country | Israel | Switzerland |
| Clients | 1,000,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between Plus500 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 Plus500). Neither broker charges withdrawal fees. Plus500 applies inactivity fees on dormant accounts; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.
| Feature | Plus500 | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Plus500 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. Plus500 edges ahead on platform breadth and functionality in our scoring.
| Feature | Plus500 | Swissquote |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Tablet & Mobile apps | 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 Plus500 and Swissquote compare. Plus500 runs regular live webinars; Swissquote does not. Both provide video tutorials. Plus500 publishes daily market commentary; Swissquote does not. Both integrate third-party research tools. Plus500 maintains an archive of past webinars for on-demand viewing. Plus500 scores higher overall in education and research.
| Feature | Plus500 | Swissquote |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Plus500 accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill), while Swissquote supports 2 (bank transfer, credit/debit card). Plus500 uniquely supports PayPal and Skrill among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | Plus500 | Swissquote |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | 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 Plus500 and Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. Plus500 supports 15 languages and Swissquote supports 8, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | Plus500 | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |