Swissquote vs. Degiro
Comparison: Swissquote vs. Degiro – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: Swissquote with an overall rating of 47%
Basic information
| Basic information |  Swissquote |  Degiro |
|---|---|---|
| Deposit | 1000 EUR/USD | 100 EUR/USD |
| Spreads | 3 EUR/USD | *The value is indicative from the broker's website. The spread amount is variable. |
| Established | 1996 | 2008 |
| Currency Pairs (Total Forex pairs) | 78 | 9 |
| Country | Switzerland, UK | Germany |
| Regulation | FCA (UK), Cysec | Authorised in the European Union (EU) |
| Trading app | MetaTrader 4 (MT4), Web Platform, MetaTrader 5 (MT5) | Web Platform |
| Number of CFD asset classes | 7 | 2 |
| Broker type | MM | ECN, STP |
| Support | Phone, Mail, Chat | Phone, Mail |
| Funding methods | * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire | * Some of the payment methods may not be available in your country. Bank Wire |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison Result
In terms of overall rating, both brokers are equal – both have 47%. Swissquote requires a minimum deposit of 1000 EUR/USD, while Degiro sets it at 100 EUR/USD. Conversely, Degiro scores with a lower minimum deposit. For Swissquote, the spread is 3 EUR/USD, while for Degiro it is 0 EUR/USD. Lower spreads at Degiro give it the edge. Swissquote offers 78 forex pairs, while Degiro provides 9. A wider selection gives Swissquote the advantage. Swissquote was founded in 1996, while Degiro has been operating since 2008. The longer tradition of Swissquote means greater experience. Both brokers allow trading with real stocks. Swissquote is overseen by 2 regulatory bodies, while Degiro has 1. More regulations at Swissquote enhance its trustworthiness. Swissquote supports 3 platforms, while Degiro offers 1. A greater choice of platforms gives Swissquote the lead.
47%
Swissquote
23%
Degiro
Key Strengths
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.
Degiro
Comparison by Categories
Comprehensive Comparison: Swissquote vs Degiro
Swissquote Degiro Investments
88 % 25 %| Investments | Swissquote | Degiro |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 78 | 9 |
| CFDs – Total Offered | 150+ | 0 |
| Options CFD | Yes | Yes |
| Share CFDs | Yes | No |
| Forex CFD | Yes | No |
| Commodities CFD | Yes | No |
| ETF CFD | Yes | Yes |
| Indicies CFD | Yes | No |
| Cryptocurrency traded as actual | Yes | No |
| Cryptocurrency traded as CFD | No | No |
Cost
80 % 80 %| Cost | Swissquote | Degiro |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 3 | 0 |
| Deposit from | 1000 | 100 |
| Account fee | No | No |
| Inactivity fee | Yes | Yes |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | No |
| Deposit fees | No | No |
Trading app
43 % 14 %| Trading app | Swissquote | Degiro |
|---|---|---|
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
100 % 60 %| Trading Tools | Swissquote | Degiro |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | No |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | Yes |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | No |
| Daily financial news | Yes | No |
| Order Type – Trailing Stop | Yes | No |
Research
33 % 33 %| Research | Swissquote | Degiro |
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Weekly Webinars | No | No |
| Social Sentiment – Currency Pairs | No | No |
| Economic Calendar | No | No |
| Research | No | Yes |
Education
100 % 33 %| Education | Swissquote | Degiro |
|---|---|---|
| Has Education – Forex | Yes | No |
| Has Education – CFDs | Yes | No |
| Client Webinars | Yes | No |
| Videos – Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
| Education | Yes | Yes |
Forex
100 % 0 %| Forex | Swissquote | Degiro |
|---|---|---|
| GBP/USD | Yes | No |
| USD/JPY | Yes | No |
| EUR/USD | Yes | No |
| USD/CHF | Yes | No |
| USD/CAD | Yes | No |
| NZD/USD | Yes | No |
| AUD/USD | Yes | No |
Commodities
27 % 0 %| Commodities | Swissquote | Degiro |
|---|---|---|
| Gold | Yes | No |
| Silver | Yes | No |
| WIT Oil | Yes | No |
| Brent Oil | No | No |
| Coffee | No | No |
| Cocoa | No | No |
| Soybeans | No | No |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | No |
| Palladium | No | No |
Indicies
100 % 100 %| Indicies | Swissquote | Degiro |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
30 % 0 %| Cryptocurrencies | Swissquote | Degiro |
|---|---|---|
| Bitcoin | Yes | No |
| Litecoin | Yes | No |
| Ethereum | Yes | No |
| Ripple | No | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | No |
Regulations
33 % 17 %| Regulations | Swissquote | Degiro |
|---|---|---|
| Cysec | Yes | No |
| ASIC (Australia) | No | No |
| FCA (UK) | Yes | No |
| Authorised in the European Union (EU) | No | Yes |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 67 %| Support | Swissquote | Degiro |
|---|---|---|
| Chat | Yes | No |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
47 % 23 %| Overall | Swissquote | Degiro |
|---|
Our Recommendations
Best for Swissquote
Thanks to comprehensive educational materials and a user-friendly platform, Swissquote is an ideal choice for new traders.
Best Platform Swissquote
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.
Swissquote Degiro