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Compare ChoiceTrade vs Swissquote


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against Swissquote!

ChoiceTrade vs Swissquote
overall rating
4.1 / 5.0
4.5 / 5.0
overall pros
  • Commission-free stock trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Extensive market and product access
  • High investor protection amount
  • Digital account opening
overall cons
  • High non-trading fees
  • Not user-friendly deposit and withdrawal
  • Limited product portfolio
  • High trading fees
  • Overcomplicated trading platform
  • Better part of the research not free
fees
4 stars
  • Low trading fees
  • Commission-free stock trading
  • High non-trading fees
2 stars
  • No inactivity fee
  • High trading fees
  • Withdrawal fee
account opening
5 stars
  • Fully digital account opening
  • User-friendly
5 stars
  • Fast account opening
  • Fully digital account opening
  • No minimum deposit for Swissquote (CH)
  • Video identification of documents may not be available for some locations
  • High minimum deposit for SwissquoteForex (UK)
deposit and withdrawal
1 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
  • Not user-friendly withdrawal
4 stars
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card deposit
  • Credit card withdrawal is not available
  • Withdrawal is not user-friendly
web trading platform
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • No two-step (safe) login
  • Poor search function
3 stars
  • Two-step (safe) login
  • Price alerts
  • Available in several languages
  • Poor search function
  • Limited order types
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
  • No price alerts
3 stars
  • Two-step (safe) login
  • Looks nice
  • Limited order types
  • No price alerts
  • Complicated
desktop trading platform
3 stars
  • Clear fee report
  • Good variety of order types
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
  • No price alerts
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markets and products
1 stars
  • Stock
  • ETF
  • Options
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
research
3 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Limited interactive charting
  • Not user-friendly
2 stars
  • Good interactive chart
  • Ad-hoc recommendations
  • No fundamental data available
  • Not user-friendly
  • The news flow is in 3 languages at the same time
customer service
4 stars
  • Phone support
  • Relevant answers
  • No live chat
5 stars
  • Phone support
  • Live chat
  • Fast response time
  • Irrelevant and inconsistent answers, and an unprofessional tone on live chat
education
3 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Hard to navigate
  • Poor production quality
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Easy to understand
  • Regulated by top tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
recommended for Stock and options traders aiming for low trading fees and focusing on the US market Affluent investors valuing safety and being ok with higher fees