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
  • Wide range of products
  • Many great research tools
  • Regulated by several authorities
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
overall cons
  • Extremely complex desktop trading platform
  • Complicated account opening process
  • High inactivity fee
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
fees
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
2.3
  • Low forex fees
  • Low fund fees
  • No inactivity fee
  • High trading fees
  • High stock and ETF fees
  • High bond fees
account opening
3.4
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Technical difficulties
  • Forex and robo-advisor accounts have high minimum
deposit and withdrawal
2.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
4.1
  • Quick deposit and withdrawal - within 3 days
  • Several account base currencies for forex account
  • Credit/Debit card withdrawal not available
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.2
  • 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
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
4.9
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
research
3.5
  • 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
  • News flow in 3 languages at the same time
  • Recommendations are not structured
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • 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
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
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 low fees and a professional trading environment Affluent investors who value safety and are OK with higher fees
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