profiforex corp
Swissquote
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Overview
profiforex corp was founded in 2018 and is headquartered in Cyprus, while Swissquote was established in 1999 and is based in Switzerland. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. profiforex corp serves 30,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $250 at profiforex corp and $0 at Swissquote.
| Feature | profiforex corp | Swissquote |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F297 | Financial Conduct Authority (FCA) |
| Founded | 2018 | 1999 |
| Country | Cyprus | Switzerland |
| Clients | 30,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between profiforex corp and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $250 at profiforex corp). Neither broker charges withdrawal fees. Overall, Swissquote scores higher on fees in our assessment.
| Feature | profiforex corp | Swissquote |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
profiforex corp offers MT5, cTrader, while Swissquote supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Swissquote supports social and copy trading features, which profiforex corp does not offer. The two brokers are closely matched on platform offering.
| Feature | profiforex corp | Swissquote |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 profiforex corp and Swissquote compare. profiforex corp runs regular live webinars; Swissquote does not. Both provide video tutorials. profiforex corp publishes daily market commentary; Swissquote does not. Both integrate third-party research tools. profiforex corp maintains an archive of past webinars for on-demand viewing. profiforex corp scores higher overall in education and research.
| Feature | profiforex corp | 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. profiforex corp accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Swissquote supports 2 (bank transfer, credit/debit card). profiforex corp uniquely supports PayPal and Skrill and Neteller among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | profiforex corp | Swissquote |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both profiforex corp and Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | profiforex corp | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |