Written by ForexBrokers.com
In this head to head comparison of Swissquote vs GBE brokers, 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.
Swissquote and GBE Brokers offer online trading services with different levels of trust and security for traders. Founded in 1996, Swissquote stands out as a publicly traded company on the stock exchange and operates as a bank. It boasts a high level of trust with a perfect ForexBrokers.com Trust Score of 99, the highest possible rating. Swissquote's regulatory strength is supported by five Tier-1 licenses and two Tier-2 licenses, highlighting its commitment to maintaining a reliable platform for traders.
On the other hand, GBE Brokers, established in 2013, is not publicly traded and does not operate as a bank. With a ForexBrokers.com Trust Score of 71, it is categorized as presenting an average risk. GBE Brokers' regulatory framework includes one Tier-1 license but lacks any Tier-2 licenses. This contrast in regulatory credentials can aid traders in choosing between the comprehensive option offered by Swissquote and the more recent player, GBE Brokers, which offers a straightforward trading experience.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Year Founded | 1996 | 2013 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Swissquote offers a reputable trading experience, leveraging its status as a Swiss banking conglomerate. However, its commission and fee structure are on the higher side compared to low-cost forex brokers. With different branches, Swissquote's U.K. entity boasts lower costs and minimum deposits, although its product range is limited. Swissquote provides four account options in the U.K., with the Elite account offering competitive spreads and a $5 charge per round-turn trade for investors depositing $10,000 or more. The Luxembourg branch's spreads mirror those of the U.K., spanning three account types with minimum deposits from $1,000 to $50,000. In Switzerland, various account levels offer spreads up to 1.7 pips on EUR/USD, with custom pricing for active traders. Overall, Swissquote garners a 3.5-star rating and ranks #52 out of 62 brokers in the Commissions and Fees category.
In contrast, GBE brokers stand out with a more favorable cost structure, reflecting its focus on competitive trading fees. Although specifics on average spread data are unavailable, GBE brokers manage to secure a commendable 4-star rating, placing them at #37 in the Commissions and Fees category among 62 brokers. This suggests a more trader-friendly pricing arrangement compared to Swissquote.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $1000 | $500 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote and GBE brokers both offer an impressive suite of investment options, with some differences that may appeal to different types of investors. Both companies provide forex trading as a CFD or spot contract, allowing investors to engage in currency trading. When it comes to the number of tradable symbols, GBE brokers slightly edges out with 500 compared to Swissquote's 472. However, Swissquote leads in forex pairs, offering 80 compared to GBE brokers' 71. A significant divergence between the two is in their access to exchange-traded securities. Swissquote offers its clients the opportunity to invest directly in U.S. exchanges, providing the ability to purchase individual stocks, such as Apple, as well as on international exchanges like the London Stock Exchange. In contrast, GBE brokers do not provide this feature.
For those interested in copy trading, both Swissquote and GBE brokers offer these services. Cryptocurrency investment offers more differentiation; Swissquote allows clients to purchase actual cryptocurrencies as well as derivatives, while GBE brokers only provides access to cryptocurrency derivatives. In terms of overall investment range, Swissquote is awarded five stars, placing second in a ranking of 62 brokers by ForexBrokers.com, largely due to its extensive offerings, including direct access to international stock markets and diverse cryptocurrency options. GBE brokers, on the other hand, receives a 3.5-star rating and is ranked 44th, indicating a more limited range of investment opportunities compared to Swissquote.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 500 |
| Forex Pairs (Total) | 80 | 71 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | 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.
When comparing Swissquote and GBE brokers in terms of their trading platforms and tools, both offer simulated trading through a free demo account. They also support popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and both provide web-based and Windows-based trading options. However, Swissquote stands out with its in-house developed platform, which GBE brokers do not have. Moreover, Swissquote has a more extensive range of charting tools, offering 75 drawing options compared to GBE brokers' 15, and provides 11 columns for watch lists, surpassing GBE's 7. Both brokers offer copy trading but neither supports DupliTrade or ZuluTrade.
In terms of overall ratings for trading platforms and tools, Swissquote receives a higher rating of 4.5 stars compared to GBE brokers' 4 stars. Furthermore, Swissquote is ranked higher by ForexBrokers.com, securing the 12th spot out of 62 brokers, while GBE brokers find themselves at the 57th position. These differences highlight Swissquote's potential advantage in offering a more polished and comprehensive trading platform, especially for those seeking in-home developed tools and greater customization in charting and watch lists.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and GBE brokers offer comprehensive mobile trading apps available for iPhone and Android users, catering to traders who need to manage their investments on the go. These mobile apps provide essential features such as stock and forex price alerts and the ability to draw trendlines on charts. Additionally, both platforms include 30 technical studies for charting, allowing users to conduct in-depth technical analysis across various time frames, such as daily, weekly, or intraday, with all drawings being auto-saved. While both apps provide real-time quotes for custom watchlists, neither supports watchlist symbol syncing, which means changes on the mobile app won't automatically reflect on the user's desktop account.
Despite their similar offerings, Swissquote's mobile trading app takes the lead with a higher rating of 4.5 stars compared to GBE brokers' 4 stars. According to ForexBrokers.com, Swissquote stands out with a #11 ranking out of 62 brokers, showcasing its effectiveness and popularity among mobile traders. In contrast, GBE brokers is ranked at #57, indicating room for improvement in user experience or features. Overall, while both apps cover fundamental trading functionalities, Swissquote appears to deliver a more trusted and well-received mobile trading experience.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Swissquote and GBE brokers for market research offerings, both platforms provide daily market commentary and an economic calendar detailing global news events, keeping traders informed. However, Swissquote takes the lead with access to forex news from reputable sources like Bloomberg and Reuters, which GBE brokers lack. Swissquote also offers technical analysis tools from Autochartist, enhancing its research capabilities significantly, whereas GBE brokers do not provide these tools.
In contrast, GBE brokers offer a sentiment-based trading tool showing the ratio of long and short positions, a feature Swissquote doesn't have. However, neither broker offers tools from Trading Central, TipRanks, or Acuity Trading. Swissquote's comprehensive research tools earn it a 4-star rating and a #16 rank among 62 brokers in the research category according to ForexBrokers.com. In comparison, GBE brokers receive a 3-star rating and are ranked #61, indicating room for improvement in their research offerings.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Swissquote clearly stands out compared to GBE brokers. Swissquote offers a comprehensive selection of over 10 educational pieces focused on forex and CFDs, including a variety of articles, videos, and archived webinars. They also provide monthly online webinars and maintain a searchable archive for users to access past sessions. Additionally, Swissquote caters to both beginners and seasoned traders with at least 10 beginner-level and 10 advanced-level educational videos. To further support learning, Swissquote includes an investor dictionary that explains more than 50 investing terms, making it an excellent resource for newcomers to trading.
In contrast, GBE brokers does not provide the same level of educational materials for beginners. They do not meet the minimum offering of 10 educational pieces primarily focused on forex or CFDs. Additionally, GBE brokers lacks both the monthly educational webinars and a searchable archive of recorded sessions. There are also no specific introductory or advanced video materials tailored for traders. Moreover, GBE brokers does not offer an extensive investor dictionary. As a result, the educational offerings at GBE brokers fall short of those provided by Swissquote, which is reflected in their respective education ratings and rankings, with Swissquote earning 4 stars and ranking 21 out of 62 brokers, while GBE brokers receives 3 stars, placing them at rank 62.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than GBE brokers. Swissquote finished with an overall rank of #11, while GBE brokers finished with an overall rank of #56.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Swissquote distinguishes itself by allowing users to purchase actual delivered cryptocurrency in addition to cryptocurrency derivatives, whereas GBE brokers only provides the option to trade cryptocurrency derivatives, not the actual cryptocurrency.
Both Swissquote and GBE Brokers provide a wide range of deposit and withdrawal options, including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, ensuring flexibility and convenience for their users.
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.
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0 of 5| Overall Rating | Swissquote | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | GBE brokers | |
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| Regulation | Swissquote | GBE brokers | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1996 | 2013 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | GBE brokers | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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) | Swissquote | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 500 | |
| Forex Pairs (Total) | 80 | 71 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | Swissquote | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $1000 | $500 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Swissquote | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Swissquote | GBE brokers | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review |
| Overall | Swissquote | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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