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
4.6
overall pros
  • Commission-free stock and ETF trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
overall cons
  • High non-trading fees
  • Not user-friendly withdrawal
  • Limited product portfolio
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
fees
4.0
  • Low trading fees
  • Low stock and ETF fees
  • Commission-free stock trading
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
2.0
  • Low fund fees
  • No inactivity fee
  • High trading fees
  • High stock and ETF fees
  • High bond fees
account opening
5.0
  • Fully digital
  • Low minimum deposit
  • User-friendly
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Technical difficulties
  • Forex and robo-advisor accounts have high minimum
deposit and withdrawal
1.0
  • No deposit fee
  • Credit/Debit card not available
  • Withdrawal is way overcomplicated
4.0
  • Quick deposit and withdrawal - within 3 days
  • Several account base currencies at Swissquote (UK)
  • Credit/Debit card withdrawal not available
web trading platform
2.0
  • Clear fee report
  • Good variety of order types
  • Order confirmation
  • No two-step (safer) login
  • Poor search function
  • Design is very outdated
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Available in several languages
  • Account login and search function bugs
  • Easy to get lost among functions
mobile trading platform
4.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
5.0
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
desktop trading platform
3.0
  • Clear fee report
  • Good variety of order types
  • Good search function
  • Limited customizability (for charts, workspace)
  • No two-step (safer) login
  • No price alerts
markets and products
2.0
  • Stock
  • ETF
  • Options
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
research
3.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • Not user-friendly
3.0
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • News flow in 3 languages at the same time
  • Recommendations are not structured
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Live chat answers are not always satisfactory
education
3.0
  • Demo account
  • Trading platform tutorial
  • Hard to navigate
  • Poor production quality
  • Not updated for a long time
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a 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
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Listed on stock exchange
recommended for Stock and options traders looking for low trading fees and focusing on the US market Affluent investors who value safety and are OK with higher fees
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