Compare Interactive Brokers vs Swissquote


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

Interactive Brokers vs Swissquote
overall rating
4.9
4.7
overall pros
  • Low trading fees
  • Wide range of products
  • Many great research tools
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
overall cons
  • Complicated account opening process
  • Complex desktop trading platform
  • Understaffed customer service
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
fees
4.5
  • Low trading fees
  • Free stock and ETF trading for US clients
  • Low margin rates
2.4
  • Low fund fees
  • No inactivity fee
  • High stock and ETF fees
  • High bond fees
account opening
3.4
  • Fully digital
  • No minimum deposit for most account types
  • Not user-friendly
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Long wait times
  • Forex and robo-advisor accounts have high minimum deposit
deposit and withdrawal
3.0
  • No deposit fee
  • Several account base currencies
  • First withdrawal free each month
  • Credit/Debit card not available
4.6
  • Credit/Debit card available
  • Several account base currencies
  • Swiss entity charges withdrawal and deposit fees
web trading platform
4.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • User experience could be better
4.3
  • Clear fee report
  • Two-step (safer) login
  • Good search function
  • Easy to get lost among functions
mobile trading platform
3.5
  • Two-step (safer) login
  • Good variety of order types
  • Price alerts
  • Minor technical glitches
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
desktop trading platform
3.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Complexity might be overwhelming
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
  • Robo-advisory
research
4.3
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
3.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • Recommendations are not structured
customer service
3.4
  • Phone support
  • Live chat
  • Relevant answers
  • Slow support
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Email answers are not always relevant
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Listed on stock exchange
recommended for Traders looking for broad market access and a professional trading environment Affluent investors who value safety and are OK with higher fees
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