- 100,000 CHF account protection
- Easy account opening
- Extensive product portfolio
- Costly trading fees
- Low quality live chat support
- FX can only be traded on a separate platform
Recommended for investors interested in a balanced portfolio from investment products.
Swissquote is the leading Swiss online broker with its own banking background. The company offers great customer service. It offers a wide range of investment products, (e.g. online trading opportunity of corporate bonds). Swissquote also provides investment ideas based on investment themes (similar to motifinvesting.com in the US). It’s customer service is helpful and available in English, German and French.
Swissquote is not the cheapest provider, and it can be especially costly if trading volume is low as it has relatively high minimum fees. It is also genuinely a Swiss service accessible for others as well. E.g. your end balance will be shown in CHF. Swissquote’s trading platform can be complicated in terms of usability and search functionality. FX is only available through a separate platform.
- Fast account opening -within 3 days-
- Account opening fully digital
- No minimum account balance
- Video identification of documents may not be available from some locations
- User-friendly
- Good variety of order types
- Good search function
- Limited customizability (for chart, for workspace)
- No clear fee report available
- Phone support available
- Live chat available
- Fast support
- Irrelevant and inconsistent answers, and an unprofessional tone on live chat
- No inactivity fee
- High trading fees
- High minimum fees
- Analyst recommendations for stocks
- Good interactive chart
- No fundamental data available
- No default language setting for news flow
- Equities
- ETFs
- Forex
- Funds
- Bonds
- Options
- Futures
- Cryptos
Are you curious about the others as well? Our comparison table helps you to choose from all brokers.
