Swissquote vs Trade Republic
Swissquote | Trade Republic |
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4
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2.8
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Traders from US not accepted
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Traders from US not accepted
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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. |
Trade Republic is a German investment firm, regulated by the Federal Bank of Germany (BaFin). Available in Europe, it has attracted over 4 million users and manages client assets of approximately €35 billion. Trade Republic offers trading in stocks, crypto and ETFs with a minimum investment of just €1 and interest up to 3.75% paid on uninvested cash balances. |
Investing in the stock markets carries risk: the value of investments can go up as well as down and you may receive back less than your original investment. Individual investors should make their own decisions or seek independent advice. | |
Comment by Reviewer | |
"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." | "Trade Republic is best for long-term traders looking to set up automated investments (weekly, monthly or quarterly). However, its education and research tools are lacking, support is hit and miss based on tests and only European residents can sign up with the platform." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) | Stocks, ETFs, Indices, Derivatives, Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$1,000 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA | BaFin, Bundesbank |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
No | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
Yes | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
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 | |
3.4 |
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iOS App Rating | |
4.5 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader and FIX API solutions | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Integrated in CFXD | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $0 |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
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Commodities | |
CFD Trading | |
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. | CFD trading not offered |
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 | |
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. | Forex trading not offered |
GBPUSD Spread | |
1.7 | |
EURUSD Spread | |
1.3 | |
EURGBP Spread | |
1.5 | |
Assets | |
80+ | |
Cryptocurrency | |
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. | Trade Republic offers an average range of 50+ crypto coins such as Bitcoin, Ethereum and Ripple. You can buy, sell, hold and trade digital currencies 24/7 for as little as €1 while the cold wallet storage solutions, which are regulated in Germany and Austria, help create a secure investing environment. |
Spread | |
71 BTC (Prime Account) | Market |
Coins | |
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Crypto Lending | |
Yes | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |
Investing in the stock markets carries risk: the value of investments can go up as well as down and you may receive back less than your original investment. Individual investors should make their own decisions or seek independent advice. |