Our top alternative brokers to Swissquote
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Saxo Bank
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Swissquote Alternatives

The best alternatives to Swissquote are

  1. Saxo Bank - Danish investment bank
  2. Interactive Brokers - International broker providing all asset classes
  3. DEGIRO - German-Dutch discount broker
  4. Comdirect - German investment bank

Let's see in a bit more detail how the Swissquote alternatives compare to Swissquote and each other:

Swissquote alternatives comparison
Swissquote Saxo Bank Interactive Brokers DEGIRO Comdirect
Overall score 4.4 stars 4.8 stars 4.9 stars 4.9 stars 4.2 stars
Fees score 1.7 stars 3.0 stars 4.5 stars 4.5 stars 2.3 stars
Account opening score 4.0 stars 3.8 stars 3.2 stars 5.0 stars 2.8 stars
Deposit and withdrawal score 4.6 stars 4.8 stars 3.0 stars 3.0 stars 3.5 stars
Web platform score 4.3 stars 5.0 stars 3.8 stars 4.0 stars 4.4 stars
Markets and products score 5.0 stars 5.0 stars 5.0 stars 3.8 stars 5.0 stars
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Why are these brokers considered good alternatives to Swissquote? There are many areas based on which Swissquote can be compared with others. When we say a given online broker is a good alternative to Swissquote we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Swissquote alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Swissquote is recommended for affluent investors who value safety and are ok with higher fees
  • Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research
  • Interactive Brokers is recommended for traders looking for broad market access and a professional trading environment
  • DEGIRO is recommended for traders and investors looking for execution only
  • Comdirect is recommended for investors speaking german and focusing on european securities

Important factors of finding Swissquote alternatives

So far BrokerChooser has reviewed 102 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Swissquote or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Swissquote is considered to be a rather expensive broker. This gives you a good chance to cut your costs by choosing a cheaper Swissquote alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Swissquote this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Swissquote, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Swissquote alternative is a must.


Now let's dive into the details of how Swissquote and its alternatives perform in the most important areas!

Swissquote alternatives
Saxo Bank

Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK's Financial Conduct Authority (FCA).

Saxo Bank is a global service provider and as such it operates a number of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Markets UK.

Being regulated by top-tier financial authorities, having a long track record and a banking background are all good signs for Saxo Bank's safety.

Recommended for investors and traders looking for a great trading platform and solid research

Pros Cons
Great trading platform High bond, options and futures fees
Outstanding research High minimum deposit
Broad product portfolio Lacks live chat and 24/7 availability

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Fees
3.0

Saxo Bank has overall average trading and non-trading fees, but the structure is quite mixed, with great differences between the fees for various asset classes.
Pros Cons
Low forex fees Inactivity fee
Low fund fees Custody fee
No withdrawal fee High fees for options and futures
Swissquote vs. Saxo Bank: Trading fees
Saxo Bank Swissquote
Apple benchmark fee $20.3 $50.3
Vodafone benchmark fee $18.9 $57.3
EURUSD benchmark fee $14.6 $15.0

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
3.8

Saxo's account opening is fully digital, user-friendly and available in most countries. However, the minimum deposit is high in certain countries (can be $2,000).
Pros Cons
Fully digital Minimum deposit is high in certain countries
User-friendly
Available in almost every country
Swissquote vs. Saxo Bank: Minimum deposit, time to open an account
Saxo Bank Swissquote
Minimum deposit $2,000 $0
Time to open account 1 day 1 day

If you are interested more in Saxo Bank minimum deposit, this overview will help you.

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Deposit and withdrawal
4.8

Saxo Bank provides multiple deposit and withdrawal options free of charge, on a user-friendly interface.
Pros Cons
Credit/Debit card available Electronic wallets not available
Free withdrawal
No deposit fee
Swissquote vs. Saxo Bank: Withdrawal options
Saxo Bank Swissquote
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $10

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Web trading platform
5.0

Saxo Bank's web trading platform is one of the best on the market. Easy to use, the platform also provides features tailored for professionals, such as an advanced order panel.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Web trading platform of Saxo Bank, a Swissquote alternative
Swissquote vs. Saxo Bank: Trading platform scores
Saxo Bank Swissquote
Web platform score 5.0 stars 4.3 stars
Mobile platform score 5.0 stars 4.7 stars
Desktop platform score 5.0 stars 3.4 stars

Learn more about Saxo Bank's web trading platform in the detailed Saxo Bank review.

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Markets and products
5.0

Saxo Bank's product portfolio covers all asset classes and a lot of markets globally. Mutual funds are the only area where the selection could be improved.
Swissquote vs. Saxo Bank: Markets and products
Saxo Bank Swissquote
Stocks Yes Yes
ETFs Yes Yes
Forex Yes Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes Yes
CFDs Yes Yes
Crypto Yes Yes

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Verdict

Saxo Bank is a great broker that provides a complex and good service.

It offers a user-friendly and well-designed trading platform, backed by great research. The product portfolio covers all asset types and many international markets.

It has some drawbacks though. The fees for bonds, options and futures are high. There is also a high minimum deposit for certain countries. Lastly, there is no live chat or 24/7 customer support.

In general, Saxo Bank is one of the best online brokerage companies out there. By opening an account, you will get a broad, well-developed service constantly adapted to the needs of clients.

Saxo Bank
Summary Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Fees score 3.0 stars
Recommended for Investors and traders looking for a great trading platform and solid research

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Swissquote alternatives
Interactive Brokers

Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1977. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

Given that the broker has licenses from multiple top-tier regulators, has a long track record and publicly disclosed financials while being listed on a stock exchange; it all points towards IB being a safe service provider.

Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader.

In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers.

Recommended for traders looking for broad market access and a professional trading environment

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools Understaffed customer service

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Fees
4.5

Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is free if they choose the Lite plan.
Pros Cons
Low trading fees None
Free stock and ETF trading for US clients
Low margin rates
Swissquote vs. Interactive Brokers: Trading fees
Interactive Brokers Swissquote
Apple benchmark fee $2.3 $50.3
Vodafone benchmark fee $7.6 $57.3
EURUSD benchmark fee $14.7 $15.0

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
3.2

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated and account verification takes relatively long.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most account types
Swissquote vs. Interactive Brokers: Minimum deposit, time to open an account
Interactive Brokers Swissquote
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in Interactive Brokers minimum deposit, this overview will help you.

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Deposit and withdrawal
3.0

Interactive Brokers offers several account base currencies and one free withdrawal per month. The main drawback is that you can only use bank transfer.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies
First withdrawal free each month
Swissquote vs. Interactive Brokers: Withdrawal options
Interactive Brokers Swissquote
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $10

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Web trading platform
3.8

The Interactive Brokers web platform is simple and easy to use, even for beginners, however there are some minor but annoying glitches.
Pros Cons
User-friendly User experience could be better
Clear fee report
Two-step (safer) login
Web trading platform of Interactive Brokers, a Swissquote alternative
Swissquote vs. Interactive Brokers: Trading platform scores
Interactive Brokers Swissquote
Web platform score 3.8 stars 4.3 stars
Mobile platform score 3.5 stars 4.7 stars
Desktop platform score 3.8 stars 3.4 stars

Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.

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Markets and products
5.0

At Interactive Brokers, you have access to an extremely wide range of markets and all product types are available.
Swissquote vs. Interactive Brokers: Markets and products
Interactive Brokers Swissquote
Stocks Yes Yes
ETFs Yes Yes
Forex Yes Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes Yes
CFDs Yes Yes
Crypto Yes Yes

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Verdict

Interactive Brokers is one of the biggest US-based lowest spread brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.

On the plus side, IB offers very low fees, a vast range of markets and products, and diverse research tools

There are some drawbacks, however. We weren't satisfied with the quality of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.5 stars
Recommended for Traders looking for broad market access and a professional trading environment

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Swissquote alternatives
DEGIRO

DEGIRO is a German-Dutch online discount broker. It was established in 2008 by former employees of another brokerage company in the Netherlands. DEGIRO merged with flatexDEGIRO Bank AG in early 2021, creating the biggest online execution-only broker in Europe with its own banking license.

Check out our DEGIRO review tailored to the needs of beginner investors and traders.

DEGIRO is regulated by top-tier financial authorities such as the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BaFin) in Germany.

Disclaimer: Investing involves risk of loss.

Disclaimer for UK clients: Deemed authorised and regulated by the Financial Conduct Authority (FCA). The nature and extent of consumer protections may differ from those applicable to firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the FCA's website.

Recommended for traders and investors looking for execution only

Pros Cons
One of the lowest fees on the market Forex not available
Regulated by top-tier authorities Limited research tools
Easy-to-use web and mobile platform No credit/debit card deposit

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Fees
4.5

DEGIRO has low trading fees for all asset classes. Non-trading fees are also low, as there are no inactivity or withdrawal fees. On the negative side, trading US options or futures will come with a €5 monthly fee. If you need currency conversion, a 0.25% fee will apply.
Pros Cons
Low fund fees €5 monthly fee for trading US derivatives (options and futures)
No inactivity fee 0.25% FX conversion fee
Low stock and ETF fees
Swissquote vs. DEGIRO: Trading fees
DEGIRO Swissquote
Apple benchmark fee $2.3 $50.3
Vodafone benchmark fee $7.0 $57.3
EURUSD benchmark fee - $15.0

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
5.0

The account opening process at DEGIRO is fast, fully digital, and no minimum deposit is required.
Pros Cons
Fast None
Fully digital
No minimum deposit
Swissquote vs. DEGIRO: Minimum deposit, time to open an account
DEGIRO Swissquote
Minimum deposit $0 $0
Time to open account 1 day 1 day

If you are interested more in DEGIRO minimum deposit, this overview will help you.

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Deposit and withdrawal
3.0

DEGIRO deposits and withdrawals are free of charge via bank transfer. A big drawback though is that you can't deposit funds using a credit or debit card.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee
Several account base currencies
Swissquote vs. DEGIRO: Withdrawal options
DEGIRO Swissquote
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $10

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Web trading platform
4.0

DEGIRO's web platform is very basic and easy to use, even for beginners. On the negative side, you can't set price alerts.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report No price alerts
Two-step (safer) login
Web trading platform of DEGIRO, a Swissquote alternative
Swissquote vs. DEGIRO: Trading platform scores
DEGIRO Swissquote
Web platform score 4.0 stars 4.3 stars
Mobile platform score 4.5 stars 4.7 stars
Desktop platform score - 3.4 stars

Learn more about DEGIRO's web trading platform in the detailed DEGIRO review.

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Markets and products
3.8

At DEGIRO, you can access many markets and trade a lot of different products. CFDs and forex are not available, though.
Swissquote vs. DEGIRO: Markets and products
DEGIRO Swissquote
Stocks Yes Yes
ETFs Yes Yes
Forex No Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes Yes
CFDs No Yes
Crypto No Yes

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Verdict

DEGIRO is a good choice if you want a simple platform and don’t want to spend too much on fees.

Transaction costs are generally very low. In addition, the account opening process is fast.

On the other hand, as DEGIRO is an execution-only broker, its research tools are limited. We should also mention that it offers no forex trading, and most clients can only deposit and withdraw by bank transfer.

All in all, DEGIRO is a great online broker. There is no minimum deposit and no inactivity fee, so feel free to go ahead and give it a try.

DEGIRO
Summary DEGIRO is a discount broker that merged with flatexDEGIRO Bank AG and is supervised by the German financial regulator.
Fees score 4.5 stars
Recommended for Traders and investors looking for execution only

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Swissquote alternatives
Comdirect

Comdirect is a German investment bank established in 1994 and owned by Commerzbank, a major German bank. It is regulated by Germany's Federal Financial Supervisory Authority (BaFin) and is listed on the Frankfurt Stock Exchange.

Comdirect is considered safe because it has a long track record, is listed on a stock exchange, has a banking background and is regulated by the top-tier BaFin.

Being a German bank, all of Comdirect's services are available only in German.

Recommended for investors speaking german and focusing on european securities

Pros Cons
Extensive range of products and exchanges High fees
Great mobile platform Complicated account opening for non-German/Austrian residents
Rock-solid background Slow phone support and no live chat

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Fees
2.3

Comdirect's trading fees are high for all asset classes except bonds, ETFs and stocks. As a plus, non-trading fees are low, there is no withdrawal fee and an inactivity fee is charged only after 3 years.
Pros Cons
No withdrawal fee High trading fees
Low inactivity fee High forex fees
Swissquote vs. Comdirect: Trading fees
Comdirect Swissquote
Apple benchmark fee $25.9 $50.3
Vodafone benchmark fee $26.4 $57.3
EURUSD benchmark fee $26.7 $15.0

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
2.8

Account opening is easy and fully digital for German and Austrian residents, but is complicated and slow for others.
Pros Cons
No minimum deposit Slow
Fully digital account opening for German/Austrian residents Not fully digital
Complicated account opening for non-German/Austrian residents
Swissquote vs. Comdirect: Minimum deposit, time to open an account
Comdirect Swissquote
Minimum deposit $0 $0
Time to open account >3 days 1 day

If you are interested more in Comdirect minimum deposit, this overview will help you.

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Deposit and withdrawal
3.5

Deposits and withdrawals are free of charge, but only bank transfer is available as a method.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Slow withdrawal - over 3 days
Several account base currencies
Swissquote vs. Comdirect: Withdrawal options
Comdirect Swissquote
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $10

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Web trading platform
4.4

Comdirect's web platform is well-designed and easy to use. It has great customization options but lacks price alerts.
Pros Cons
User-friendly No price alerts
Clear fee report
Two-step (safer) login
Web trading platform of Comdirect, a Swissquote alternative
Swissquote vs. Comdirect: Trading platform scores
Comdirect Swissquote
Web platform score 4.4 stars 4.3 stars
Mobile platform score 4.7 stars 4.7 stars
Desktop platform score 3.5 stars 3.4 stars

Learn more about Comdirect's web trading platform in the detailed Comdirect review.

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Markets and products
5.0

You can trade with almost all types of assets at Comdirect. There is also a great selection within asset classes, covering a lot of German, European and overseas exchanges.
Swissquote vs. Comdirect: Markets and products
Comdirect Swissquote
Stocks Yes Yes
ETFs Yes Yes
Forex Yes Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes Yes
CFDs No Yes
Crypto Yes Yes

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Verdict

Comdirect is a German online broker established in 1994. Its parent company is Commerzbank, one of the biggest banks in Germany.

It is recommended for traders with a good knowledge of German.

Comdirect provides access to both European and overseas exchanges with a wide range of products. Its mobile platform is great and the broker is considered safe because it has a banking background, is listed on a stock exchange and is regulated by a top-tier authority.

On the other hand, fees are high, especially stock trading fees. Anyone can open an account, although for residents outside of Germany and Austria, the process is complicated and could take several weeks. There is no functioning live chat and phone support is a bit slow.

If you are looking for a customizable web and desktop platform for trading on German markets, feel free to try Comdirect.

Comdirect
Summary Comdirect is a German investment bank offering online banking and brokerage services.
Fees score 2.3 stars
Recommended for Investors speaking German and focusing on European securities

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Swissquote alternatives
Swissquote

Swissquote is a Swiss investment bank established in 1996. It has three main trading entities:

  1. Swissquote Bank - it provides all asset classes, including stocks and ETFs. This entity is based in Switzerland and has multiple regulations, including the top-tier Swiss Financial Market Supervisory Authority (FINMA). 
  2. Swissquote Bank Europe - it provides stocks, ETFs, funds, cryptos, forex, and CFD trading. This entity is based in Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg's regulator.
  3. Swissquote LTD - it provides CFD and forex trading. The entity is based in the UK and regulated by the Financial Conduct Authority (FCA).

The fact that Swissquote Bank Ltd has a banking license, is listed on the Swiss stock exchange, discloses detailed financials regularly, and has a long track record are all great signs with respect to Swissquote's safety. 

In this review, we focus mainly on the Swiss entity, sometimes referred to as "Swissquote Bank (CH)" and we will refer to the Luxembourg and UK-based entities as "Swissquote Europe (LUX)" and "Swissquote LTD (UK)", respectively.

Recommended for affluent investors who value safety and are ok with higher fees

Pros Cons
Access to many markets and products High trading fees
No inactivity fee Confusing trading platform selection
Rock-solid background Some research tools are not free

Fees
1.7

Swissquote charges no inactivity fee and you can trade an impressive selection of funds for favorable fees. On the other hand, trading fees are generally high, including stock and ETF fees, and withdrawing money comes with a price tag.
Pros Cons
Low fund fees High stock and ETF fees
No inactivity fee High bond fees
Swissquote alternatives trading fees
Swissquote Saxo Bank Interactive Brokers DEGIRO Comdirect
US stock $25.0 $10.0 $1.0 $1.0 $12.8
UK stock $28.3 $9.0 $3.4 $3.1 $12.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

Account opening
4.0

Swissquote offers a fully digital account opening process, although we encountered wait times. There is no minimum deposit for trading accounts, but a high minimum for forex and robo-advisory accounts.
Pros Cons
Fully digital Long wait times
No minimum deposit for trading account Forex and robo-advisor accounts have high minimum deposit
Swissquote alternatives minimum deposit and account open times
Swissquote Saxo Bank Interactive Brokers DEGIRO Comdirect
Minimum deposit $0 $2,000 $0 $0 $0
Time to open account 1 day 1 day 1-3 days 1 day >3 days

Learn more about Swissquote minimum deposit here.

Deposit and withdrawal
4.6

Depositing at Swissquote is quick with credit/debit card and can be done in several base currencies. On the negative side, you can only withdraw money via bank transfer and there is a withdrawal fee charged.
Pros Cons
Credit/Debit card available Withdrawal fee
Several account base currencies
Swissquote and alternatives withdrawal options and fees
Swissquote Saxo Bank Interactive Brokers DEGIRO Comdirect
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $10 $0 $0 $0 $0

Web trading platform
4.3

The Swissquote eTrading platform has so many functions that sometimes the platform is hard to use. Customizability is good and there is a clear overview of trading fees, but it's easy to get lost on the platform.
Pros Cons
Clear fee report Easy to get lost among functions
Two-step (safer) login
Good search function
Swissquote - Web trading platform
Swissquote and alternatives trading platform scores
Swissquote Saxo Bank Interactive Brokers DEGIRO Comdirect
Web platform score 4.3 stars 5.0 stars 3.8 stars 4.0 stars 4.4 stars
Mobile platform score 4.7 stars 5.0 stars 3.5 stars 4.5 stars 4.7 stars
Desktop platform score 3.4 stars 5.0 stars 3.8 stars - 3.5 stars

Learn more about Swissquote's web trading platform in the detailed Swissquote review.

Markets and products
5.0

At Swissquote Bank (CH) and Swissquote Bank Europe (LUX), you can access many markets and trade a lot of different product types. At Swissquote LTD (UK) you can trade forex and CFDs.
Swissquote and alternatives markets and products
Swissquote Saxo Bank Interactive Brokers DEGIRO Comdirect
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes Yes Yes No Yes
Funds Yes Yes Yes Yes Yes
Bonds Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes Yes Yes Yes
CFDs Yes Yes Yes No No
Crypto Yes Yes Yes No Yes

Verdict

Swissquote is an investment bank with a rock-solid background. The key factors of its safety scoreboard are the following:

  • it is Swiss,
  • it is listed on a stock exchange
  • and it is a bank. 

It has two main entities, one based in Luxembourg and one in Switzerland.

Swissquote offers a broad range of products across many markets. Their product portfolio includes a great variety of stocks, mutual funds, and a variety of other products such as bonds and cryptos.

However, nothing is free: Swissquote's trading fees are relatively high

All in all, Swissquote is a great stockbroker. As you can trade many products and there is no inactivity fee, feel free to give it a try.

Swissquote
Summary Swissquote is a Swiss online broker with a banking license. It is listed on the Swiss stock exchange and regulated by several authorities globally, including the top-tier UK FCA.
Fees score 1.7 stars
Recommended for Affluent investors who value safety and are OK with higher fees

Swissquote alternatives
Bottom line

Based on our analysis, there are several good alternatives to Swissquote. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Swissquote alternatives
Broker Info Recommended for
Swissquote Swiss investment bank Affluent investors who value safety and are OK with higher fees
Saxo Bank Danish investment bank Investors and traders looking for a great trading platform and solid research
Interactive Brokers International broker providing all asset classes Traders looking for broad market access and a professional trading environment
DEGIRO German-Dutch discount broker Traders and investors looking for execution only
Comdirect German investment bank Investors speaking German and focusing on European securities

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Our top alternative brokers to Swissquote

Interactive Brokers Saxo Bank

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