Interactive brokers vs. Swissquote

Interactive brokers
90%
Deposit 10 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1978
Currency Pairs (Total Forex pairs) 22
Country: UK
Regulation:
Authorised in the European Union (EU)
Trading app:
Desktop Platform (Windows)
Web Platform
Number of CFD asset classes: 5
Broker type: ECN, STP
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:
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

50%
Interactive brokers
Winner
47%
Swissquote
In terms of overall rating, both brokers are equal – both have 50%. Interactive brokers requires a minimum deposit of 10 EUR/USD, while Swissquote sets it at 1000 EUR/USD. Thanks to the lower deposit, Interactive brokers is more welcoming to traders with smaller budgets. For Interactive brokers, the spread is 1 EUR/USD, while for Swissquote it is 3 EUR/USD. Tighter spreads make Interactive brokers a more advantageous choice. Interactive brokers offers 22 forex pairs, while Swissquote provides 78. More options come with Swissquote. Interactive brokers was founded in 1978, while Swissquote has been operating since 1996. The longer tradition of Interactive brokers means greater experience. Both brokers allow trading with real stocks. Interactive brokers is overseen by 1 regulatory bodies, while Swissquote has 2. Stricter oversight at Swissquote gives it an advantage. Interactive brokers supports 2 platforms, while Swissquote offers 3. More options are provided by Swissquote.

Comprehensive Comparison: Interactive brokers vs Swissquote

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: Interactive brokers with an overall rating of 50%
Interactive brokers
Min. Deposit
10
EUR/USD Spread
1
Currency Pairs
22
Year Established
1978
Swissquote
Min. Deposit
1000
EUR/USD Spread
3
Currency Pairs
78
Year Established
1996

Key Strengths

Interactive brokers

    Broker Interactive brokers boasts a long and trouble-free history. Moreover, there is no minimum deposit required, which makes it easy to start trading even with smaller amounts. The broker also allows the purchase of fractional shares.

    The availability of a demo account will offer testing of strategies without the risk of losses. Another advantage is the wide range of assets available for trading.

    • Extremely low fees
    • Wide range of products
    • Many great research tools
    • Low margin rates
    • No inactivity fee and no withdrawal fee
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
Interactive brokers
100%
Swissquote
100%
Trading Platforms
Interactive brokers
29%
Swissquote
43%
Trading Costs
Interactive brokers
80%
Swissquote
80%
Educational Materials
Interactive brokers
100%
Swissquote
100%
Customer Support
Interactive brokers
100%
Swissquote
100%
Overall Rating
Interactive brokers
50%
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
Both brokers have comparable fee structures and spreads.
Investments
# Interactive brokers Swissquote
Currency Pairs (Total Forex pairs) 22 78
CFDs – Total Offered 100+ 150+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 88%
Winner
Cost
# Interactive brokers Swissquote
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 3
Deposit from 10 1000
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# Interactive brokers 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
# Interactive brokers 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
# Interactive brokers Swissquote
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 83% 33%
Winner
Education
# Interactive brokers Swissquote
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 100% 100%
Winner
Forex
# Interactive brokers Swissquote
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# Interactive brokers Swissquote
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 100% 27%
Winner
Indicies
# Interactive brokers Swissquote
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# Interactive brokers Swissquote
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 0% 30%
Winner
Regulations
# Interactive brokers Swissquote
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 17% 33%
Winner
Support
# Interactive brokers Swissquote
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# Interactive brokers Swissquote
Go to the full broker review Interactive brokers Swissquote
Win / Loss % 50% 47%
Winner