Online brokers compared for fees, trading platforms, safety and more. See how Firstrade stacks up against Swissquote!
Last update of data—Dec 2022
Firstrade is a US discount broker 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 beginners and investors looking for zero-commission trading, focusing on the US market.
Recommended for affluent investors who value safety and are OK with higher fees.
Firstrade
Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
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.
Firstrade's service is on par with Swissquote's and a comparison of their fees shows that Firstrade's fees are much lower than Swissquote's.
Account opening takes about the same effort at Firstrade compared to Swissquote, deposit and withdrawal processes are more complicated at Firstrade, while customer service quality is considerably lower than Swissquote's.
Our experts rated the trading platform of Firstrade as being of the same quality as the platform of Swissquote, found that clients have access to less markets and products with Firstrade, 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.
Brokers displayed might not be available in United States.