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Compare SogoTrade vs Swissquote


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

SogoTrade vs Swissquote
overall rating
4.2 / 5.0
4.5 / 5.0
overall pros
  • Easy and fully digital account opening
  • Relevant and fast customer service
  • Wide range of research tools
  • Extensive market and product access
  • High investor protection amount
  • Digital account opening
overall cons
  • High non-trading fees
  • Limited product portfolio
  • Not user-friendly desktop trading platform
  • High trading fees
  • Overcomplicated trading platform
  • Better part of the research not free
fees
4 stars
  • Low trading fees
  • Transparent fee structure
  • 100 commission-free trades at the beginning
  • High non-trading fees
2 stars
  • No inactivity fee
  • High trading fees
  • Withdrawal fee
account opening
5 stars
  • Fully digital account opening
  • No minimum account balance
  • User-friendly
5 stars
  • Fast account opening
  • Fully digital account opening
  • No minimum deposit for Swissquote (CH)
  • Video identification of documents may not be available for some locations
  • High minimum deposit for SwissquoteForex (UK)
deposit and withdrawal
2 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
4 stars
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card deposit
  • Credit card withdrawal is not available
  • Withdrawal is not user-friendly
web trading platform
3 stars
  • Two-step (safe) login
  • Good search function
  • Good variety of order types
  • Limited customizability (for charts, workspace)
  • No price alerts
  • Does not look nice
3 stars
  • Two-step (safe) login
  • Price alerts
  • Available in several languages
  • Poor search function
  • Limited order types
mobile trading platform
4 stars
  • User-friendly
  • Good variety of order types
  • No order confirmation
3 stars
  • Two-step (safe) login
  • Looks nice
  • Limited order types
  • No price alerts
  • Complicated
desktop trading platform
1 stars
  • Good customizability (for charts, workspace)
  • Not user-friendly
  • No clear fee report available
  • Poor search function
  • Available only for Windows
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markets and products
1 stars
  • Stock
  • ETF
  • Options
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
research
4 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Not user-friendly
  • Bad charting tools
2 stars
  • Good interactive chart
  • Ad-hoc recommendations
  • No fundamental data available
  • Not user-friendly
  • The news flow is in 3 languages at the same time
customer service
5 stars
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 availability
5 stars
  • Phone support
  • Live chat
  • Fast response time
  • Irrelevant and inconsistent answers, and an unprofessional tone on live chat
education
2 stars
  • Trading platform tutorial videos
  • Easy to understand
  • No demo account
  • No educational videos
  • Hard to navigate
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Easy to understand
  • Regulated by 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
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
recommended for Stock and options traders aiming for a US-based stockbroker with great customer service Affluent investors valuing safety and being ok with higher fees