Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against Swissquote!
Last update of data—Dec 2022
Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
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.
Recommended for traders interested in algorithmic stock trading.
Recommended for affluent investors who value safety and are OK with higher fees.
Alpaca Trading
Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
Recommended for traders interested in algorithmic stock trading.
Swissquote
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.
Recommended for affluent investors who value safety and are OK with higher fees.
Alpaca Trading's service is on par with Swissquote's and a comparison of their fees shows that Alpaca Trading's fees are much lower than Swissquote's.
Account opening takes somewhat less effort at Alpaca Trading compared to Swissquote, deposit and withdrawal processes are considerably more complicated at Alpaca Trading, while customer service quality is lower than Swissquote's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of Swissquote, found that clients have access to less markets and products with Alpaca Trading, while Swissquote provides less useful research and education.
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.
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