Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against Swissquote!
Last update of data—Dec 2022
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
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 looking for broad market access and a professional trading environment.
Recommended for affluent investors who value safety and are OK with higher fees.
Interactive Brokers
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Recommended for traders looking for broad market access and a professional trading environment.
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.
Interactive Brokers's service is slightly better than Swissquote's and a comparison of their fees shows that Interactive Brokers's fees are much lower than Swissquote's.
Account opening takes somewhat more effort at Interactive Brokers compared to Swissquote, deposit and withdrawal processes are more complicated at Interactive Brokers, while customer service quality is somewhat lower than Swissquote's.
Our experts rated the trading platform of Interactive Brokers as somewhat worse than the platform of Swissquote, found that clients have access to about the same number of markets and products with Interactive Brokers, while Swissquote provides somewhat lower-quality 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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