Swissquote
tastytrade
Basic data of broker
Recommended for Affluent investors who value safety and are OK with higher fees
Recommended for Options and futures traders focusing on US markets
Best options trading platform
Switzerland
USA
Fees
High trading fees, average non-trading fees, low fund fees
Low trading and non-trading fees, no inactivity fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
22
1
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1 day
Proof of identity: national ID / passport Proof of residency: ID with legal address / utility, internet, phone bill / tax bill / official certificate of residence
Proof of identity: ID / passport Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
CHF 100,000 for cash at the Swiss and UAE entity, £85,000 at the UK entity, HKD 500,000 at Hong Kong entity, none at other entities
$500,000 (securities up to $500,000, cash up to $250,000)
1996
2017
Switzerland, Luxembourg UK, UAE, Hong Kong, Singapore, Malta
USA
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
Swissquote's service is on par with tastytrade's and a comparison of their fees shows that Swissquote's fees are much higher than tastytrade's.
Account opening takes somewhat more effort at Swissquote compared to tastytrade, deposit and withdrawal processes are much more seamless at Swissquote, while customer service quality is similar to tastytrade's.
Our experts rated the trading platform of Swissquote as being of the same quality as the platform of tastytrade, found that clients have access to more markets and products with Swissquote, while tastytrade provides better research and education.