AvaTrade
Swissquote
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for an option to use MetaTrader platforms
Recommended for Affluent investors who value safety and are OK with higher fees
Ireland
Switzerland
Fees
Low trading fees, average non-trading fees, high inactivity fee
High trading fees, average non-trading fees, low fund fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
22
Deposit type
Withdrawal type
Account opening
$100
$0
1 day
1 day
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport Proof of residency: ID with legal address / utility, internet, phone bill / tax bill / official certificate of residence
Trading platform
Markets and products
Disclaimer: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
€20,000 for EU clients, no protection for other clients
CHF 100,000 for cash at the Swiss and UAE entity, £85,000 at the UK entity, HKD 500,000 at Hong Kong entity, none at other entities
2006
1996
Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, Israel
Switzerland, Luxembourg UK, UAE, Hong Kong, Singapore, Malta
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
AvaTrade's service is on par with Swissquote's and a comparison of their fees shows that AvaTrade's fees are lower than Swissquote's.
Account opening takes somewhat less effort at AvaTrade compared to Swissquote, deposit and withdrawal processes are about the same quality at AvaTrade, while customer service quality is similar to Swissquote's.
Our experts rated the trading platform of AvaTrade as being of the same quality as the platform of Swissquote, found that clients have access to much less markets and products with AvaTrade, while Swissquote provides less useful research and education.