Written by ForexBrokers.com
In this head to head comparison of eToro vs Swissquote, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro vs Swissquote: eToro was founded in 2007, while Swissquote began in 1996. Both are publicly traded, but only Swissquote is a bank; eToro is not.
Regulation and trust (ForexBrokers.com): eToro holds 4 Tier-1 and 1 Tier-2 licenses with a Trust Score of 97/99. Swissquote holds 5 Tier-1 and 2 Tier-2 licenses with a Trust Score of 99/99. On this scale, 90–99 is highly trusted (80–89 trusted, 70–79 average risk, 60–69 high risk, below 59 not trusted), so both eToro and Swissquote fall into the highly trusted range.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Year Founded | 2007 | 1996 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 4 | 5 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, eToro uses a simple, commission-free pricing model with a typical 1-pip variable spread on EUR/USD, while Swissquote’s pricing depends on the entity and account you choose. Swissquote can show tighter minimum spreads on select accounts (as low as 0.6–0.8 pips), but those are minimums rather than averages and, on some tiers, you’ll also pay a $5 round-turn commission and meet higher deposit thresholds. Overall, ForexBrokers.com rates eToro 4/5 stars (ranked #22 of 63 for Commissions and Fees) versus Swissquote at 3.5/5 stars (ranked #35 of 63).
eToro is a market-maker and lists a typical 1-pip variable spread on EUR/USD, which is slightly above the industry average. Traders don’t usually pick eToro for ultra-tight spreads; its draw is the social copy trading platform. For potential fee perks, the eToro Club (Silver to Diamond) requires balances from $5,000 to $250,000 and can include access to Trading Central, discounted deposit and withdrawal fees, and a dedicated account manager.
Swissquote’s costs reflect its Swiss banking brand and can carry a small premium. Fees vary by region: the U.K. entity generally has lower costs and lighter minimums (but a narrower product list). In the U.K., the Standard account starts at 1.3 pips on EUR/USD; Prime advertises minimum spreads from 0.6 pips; and the commission-based Elite account targets lower spreads plus a $5 round-turn charge for active traders (the Professional account is similar, with a different stop-out level). In Luxembourg, minimum spreads run roughly 1.5 pips (Standard) down to 0.8 pips (Prime) with deposits from $1,000 to $50,000. In Switzerland, spreads start around 1.7 pips (Standard), 1.4 pips (Premium), and 1.1 pips (Prime), with custom pricing available for high-volume traders.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
eToro and Swissquote both let you trade forex as CFDs or spot, and both support exchange-traded stocks on U.S. and international markets. Each also offers copy trading, plus the choice between buying real cryptocurrency or trading crypto via CFDs. In terms of breadth, eToro lists 7,441 tradeable symbols, giving you a huge menu across assets, while Swissquote offers 472. For currency traders, however, Swissquote provides more depth with 80 forex pairs versus eToro’s 55.
Both brokers earn 5 stars for Range of Investments. That said, in ForexBrokers.com’s rankings out of 63 brokers, Swissquote places #2 and eToro ranks #11. Choose Swissquote if you prioritize a stronger selection of forex pairs within a highly rated lineup; pick eToro if you want a larger overall catalog of markets along with popular social and crypto options.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 472 |
| Forex Pairs (Total) | 55 | 80 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | Yes |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
eToro and Swissquote both check key boxes for trading platforms and tools. Each provides a free demo account for paper trading, an in‑house platform, a web-based platform, copy trading, and the ability to place orders directly from charts. The biggest differences: Swissquote offers a Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while eToro does not offer a Windows desktop app or MT4/MT5. If you want to trade in your browser with built-in copy trading, eToro fits well; if you prefer a downloadable Windows platform and MetaTrader access, Swissquote stands out.
Both earn 4.5 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings of 63 brokers, eToro places #8 and Swissquote ranks #12. Your choice comes down to platform preferences: browser-first and social features with eToro, or desktop and MetaTrader versatility with Swissquote.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 86 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Swissquote both deliver polished mobile trading apps for iPhone and Android, complete with stock and forex price alerts. Each app earns 4.5 stars, and in the Mobile Trading Apps category at ForexBrokers.com, eToro ranks #10 out of 63 brokers while Swissquote ranks #12, giving eToro a slight edge.
For charting, eToro packs in far more technical studies (104 vs 30), and both apps let you draw trendlines. Swissquote auto-saves your chart drawings, while eToro does not. For portfolio tracking, eToro syncs watchlists between the mobile app and your online account; Swissquote does not support watchlist syncing. Choose eToro if you want more chart study options and synced watchlists, or pick Swissquote if automatic saving of chart notes and drawings matters most.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Both eToro and Swissquote deliver strong market research basics: daily market commentary, forex news from top-tier sources (like Bloomberg/Reuters/Dow Jones), and a handy economic calendar. According to ForexBrokers.com, both earn 4.5 stars for research, with eToro ranked #13 out of 63 brokers and Swissquote ranked #15.
The key differences lie in their toolkits. eToro includes Trading Central for analyst-driven ideas, a sentiment tool that shows the ratio of long vs. short positions, and extra stock research via TipRanks; it does not offer Autochartist or Acuity Trading tools. Swissquote offers Autochartist for automatic chart pattern spotting but does not include Trading Central, a sentiment tool, TipRanks, or Acuity Trading. If you value chart pattern alerts, Swissquote stands out; if you want analyst insights, crowd sentiment, and TipRanks data, eToro has the edge.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners, both eToro and Swissquote deliver a clear learning path. Each runs regular online webinars (at least monthly) and offers a large library of videos, including 10+ beginner-friendly clips to help you grasp trading basics and 10+ advanced videos for when you’re ready to go deeper. Their materials touch on forex and CFD topics, and the ongoing webinars make it easier to get answers in real time.
In terms of quality scores, both are rated 4.5 out of 5 stars for Education. The difference shows up in the rankings: eToro is placed #3 out of 63 brokers for Education by ForexBrokers.com, while Swissquote sits at #19. If you want a broker with a higher-ranked learning experience, eToro has the edge; if you prefer Swissquote, you’ll still find plenty of videos and live sessions to start learning with confidence.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Swissquote. eToro finished with an overall rank of #9, while Swissquote finished with an overall rank of #11.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Swissquote
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 97 | 99 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
eToro vs Swissquote: both brokers let you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, giving investors flexible ways to gain crypto exposure.
eToro vs Swissquote: Both brokers offer ACH/SEPA transfers, PayPal, Skrill, and bank wire options for deposits and withdrawals; Visa/Mastercard availability is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | Swissquote | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 99 | |
| Winner | check_circle | ||
| Review | eToro Review | Swissquote Review |
| Broker Screenshots | eToro | Swissquote | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | eToro | Swissquote | |
|---|---|---|---|
| Trust Score | 97 | 99 | |
| Year Founded | 2007 | 1996 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 5 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Swissquote | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | Swissquote | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Swissquote | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 472 | |
| Forex Pairs (Total) | 55 | 80 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | Yes | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Swissquote | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Swissquote | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | eToro | Swissquote | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Swissquote | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 86 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Swissquote | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Swissquote | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Swissquote | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | Swissquote | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Swissquote Review |
| Overall | eToro | Swissquote | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 99 | |
| Winner | check_circle | ||
| Review | eToro Review | Swissquote Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill