Bybit vs Swissquote
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| Bybit | Swissquote |
|---|---|
3.1
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4
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 Traders from US not accepted
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Traders from US not accepted
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Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
Established in 1996, Swissquote is a Switzerland-based bank and broker that offers online trading on an industry beating three million products, from forex and CFDs to futures, options and bonds. Highly trusted, it has built a strong reputation through innovative trading solutions, from becoming the first bank to offer crypto trading in 2017 to more recently launching fractional shares and its Invest Easy service. |
| Bonus Offer | |
| Up To 4030 USDT Welcome Bonus | |
| Comment by Reviewer | |
| "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." | "Swissquote is an excellent choice for active traders looking for a customizable platform, such as its CXFD, which integrates Autochartist for automated chart analysis to aid trading decisions. However, its average fees and steep $1,000 minimum deposit might make it less accessible for beginner traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Cryptos, Futures | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $1,000 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.001 Lots | 0.01 Lots |
| Regulator | |
| FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | Yes |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| Yes | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| Yes (iOS & Android) | iOS & Android |
| App Review | |
The Swissquote app, refined over the years, combines banking and trading, giving you instant access to an industry-leading selection of more than three million instruments, including stocks, ETFs, and cryptocurrencies like Bitcoin. It goes beyond most trading apps we’ve tested – providing a comprehensive financial app, complete with dynamic charts and unique features. |
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| Android App Rating | |
4.5 |
3.4 |
| iOS App Rating | |
4.7 |
4.5 |
| Auto Trading | |
| Via 3rd party software | Expert Advisors (EAs) on MetaTrader and FIX API solutions |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| Integrated in CFXD | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| CFD trading not offered | Swissquote has emerged as a dependable CFD broker, providing short-term trading opportunities on an extensive selection of global markets with fast execution, its intuitive CFXD platform alongside MetaTrader, plus insights from trusted third parties like Autochartist and Trading Central. |
| Leverage | |
| 1:100 (Retail), 1:400 (Pro) | |
| FTSE Spread | |
| 0.9 | |
| GBPUSD Spread | |
| 1.7 | |
| Oil Spread | |
| 0.03 | |
| Stocks Spread | |
| N/A | |
| Forex Trading | |
| Forex trading not offered | Swissquote offers compelling conditions for active forex traders, with an extensive range of 80+ currency pairs, plus ultra-fast execution speeds averaging 9ms and access to the industry’s favorite MT4 software. |
| GBPUSD Spread | |
| 1.7 | |
| EURUSD Spread | |
| 1.3 | |
| EURGBP Spread | |
| 1.5 | |
| Assets | |
| 80+ | |
| Cryptocurrency | |
| Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. | Swissquote has evolved into a leading crypto provider, expanding its offerings to include over 30 digital tokens, as well as its own SQX exchange, crypto staking, plus custodian services for professional traders. And all of this from one of the most trusted, well-regulated brands in the crypto space. |
| Spread | |
| Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% | 71 BTC (Prime Account) |
| Coins | |
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| Crypto Lending | |
| Yes | Yes |
| Crypto Mining | |
| Yes | No |
| Crypto Staking | |
| Yes | Yes |
| Auto Market Maker | |
| No | No |
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