swiss markets
Swissquote
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Overview
swiss markets was founded in 2012 and is headquartered in USA, while Swissquote was established in 1999 and is based in Switzerland. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. swiss markets serves 10,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $250 at swiss markets and $0 at Swissquote.
| Feature | swiss markets | 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-F315 | Financial Conduct Authority (FCA) |
| Founded | 2012 | 1999 |
| Country | USA | Switzerland |
| Clients | 10,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between swiss markets 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 swiss markets). swiss markets charges withdrawal fees while Swissquote does not, a notable advantage for frequent withdrawers. swiss markets applies inactivity fees on dormant accounts; Swissquote does not. swiss markets charges deposit fees; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.
| Feature | swiss markets | Swissquote |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
swiss markets 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. swiss markets edges ahead on platform breadth and functionality in our scoring.
| Feature | swiss markets | Swissquote |
|---|---|---|
| MT4 | Yes | 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 swiss markets and Swissquote compare. swiss markets runs regular live webinars; Swissquote does not. Both provide video tutorials. swiss markets publishes daily market commentary; Swissquote does not. Both integrate third-party research tools. swiss markets maintains an archive of past webinars for on-demand viewing. swiss markets scores higher overall in education and research.
| Feature | swiss markets | 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. swiss markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Swissquote supports 2 (bank transfer, credit/debit card). swiss markets uniquely supports PayPal and Skrill and Neteller among the two brokers. swiss markets scores higher on deposit and withdrawal flexibility.
| Feature | swiss markets | 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 swiss markets 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 | swiss markets | 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 |