InstaForex vs. Swissquote

InstaForex
69%
Deposit 200 EUR/USD
Spreads 1.3 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 82
Country: Cyprus
Regulation:
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Swissquote
75%
Deposit 1000 EUR/USD
Spreads 3 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1996
Currency Pairs (Total Forex pairs) 78
Country: Switzerland, UK
Regulation:
FCA (UK)
Cysec
Trading app:
MetaTrader 4 (MT4)
Web Platform
MetaTrader 5 (MT5)
Number of CFD asset classes: 7
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

48%
InstaForex
Winner
47%
Swissquote
In terms of overall rating, both brokers are equal – both have 48%. InstaForex requires a minimum deposit of 200 EUR/USD, while Swissquote sets it at 1000 EUR/USD. Thanks to the lower deposit, InstaForex is more welcoming to traders with smaller budgets. For InstaForex, the spread is 1.3 EUR/USD, while for Swissquote it is 3 EUR/USD. Tighter spreads make InstaForex a more advantageous choice. InstaForex offers 82 forex pairs, while Swissquote provides 78. A wider selection gives InstaForex the advantage. InstaForex was founded in 2007, while Swissquote has been operating since 1996. The older Swissquote has the upper hand in this regard. This advantage goes to Swissquote, while InstaForex lacks it. InstaForex is overseen by 1 regulatory bodies, while Swissquote has 2. Stricter oversight at Swissquote gives it an advantage. InstaForex supports 2 platforms, while Swissquote offers 3. More options are provided by Swissquote.

Comprehensive Comparison: InstaForex vs Swissquote

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: InstaForex with an overall rating of 48%
InstaForex
Min. Deposit
200
EUR/USD Spread
1.3
Currency Pairs
82
Year Established
2007
Swissquote
Min. Deposit
1000
EUR/USD Spread
3
Currency Pairs
78
Year Established
1996

Key Strengths

InstaForex
    • Wide range of instruments: InstaForex offers trading with more than 100 currency pairs, CFDs, commodities, and cryptocurrencies.
    • No minimum deposit: InstaForex has no minimum deposit requirement, allowing you to start trading with any amount.
    • Professional education and analysis: InstaForex provides comprehensive educational and analytical tools useful for both beginners and experienced traders.
    • Quick deposits: Various deposit methods, including Bitcoin and credit cards, allow for quick and easy account funding.
Swissquote
    • Long-term existence and credibility: Swissquote was founded in 1996 and is publicly traded on the SIX exchange. It is regulated in five Tier-1 jurisdictions.
    • Multi-asset offering: Swissquote allows trading with over 3 million financial products, including stocks, options, futures, ETFs, and structured products.
    • Choice of trading platforms: The broker offers access to the MetaTrader platform, including additional add-ons such as MetaTrader Master Edition. Additionally, it has its own CFXD platform with TradingView charts.

Comparison by Categories

Trading Tools
InstaForex
100%
Swissquote
100%
Trading Platforms
InstaForex
29%
Swissquote
43%
Trading Costs
InstaForex
60%
Swissquote
80%
Educational Materials
InstaForex
83%
Swissquote
100%
Customer Support
InstaForex
100%
Swissquote
100%
Overall Rating
InstaForex
48%
Swissquote
47%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, Swissquote is an ideal choice for new traders.
Best Platform
The trading platform of broker Swissquote offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Swissquote offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# InstaForex Swissquote
Currency Pairs (Total Forex pairs) 82 78
CFDs – Total Offered 2600+ 150+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 88%
Winner
Cost
# InstaForex Swissquote
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1.3 3
Deposit from 200 1000
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 60% 80%
Winner
Trading app
# InstaForex Swissquote
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 43%
Winner
Trading Tools
# InstaForex Swissquote
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 100%
Winner
Research
# InstaForex Swissquote
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 67% 33%
Winner
Education
# InstaForex Swissquote
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 83% 100%
Winner
Forex
# InstaForex Swissquote
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# InstaForex Swissquote
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 36% 27%
Winner
Indicies
# InstaForex Swissquote
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# InstaForex Swissquote
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 40% 30%
Winner
Regulations
# InstaForex Swissquote
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 17% 33%
Winner
Support
# InstaForex Swissquote
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# InstaForex Swissquote
Go to the full broker review InstaForex Swissquote
Win / Loss % 48% 47%
Winner