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.
When comparing online brokers Swissquote and GBE brokers, several factors highlight differences in their regulatory standing and trust levels. Established in 1996, Swissquote is not only a publicly traded company but also functions as a bank. This gives it a significant edge in credibility. On the other hand, GBE brokers, founded in 2013, is not publicly traded and does not hold bank status. Swissquote holds five Tier-1 licenses and one Tier-2 license, contributing to its perfect Trust Score of 99 from ForexBrokers.com, indicating it is highly trusted. In contrast, GBE brokers has one Tier-1 license and no Tier-2 licenses, resulting in a Trust Score of 71, marking average risk.
These distinctions paint a clear picture for potential investors weighing their options. Swissquote’s solid regulatory framework and banking capabilities cater to those seeking stability and trust in a broker. Meanwhile, GBE brokers, while licensed, falls into the average risk category, which may influence investors who prioritize regulatory assurance and company longevity. This comparison underscores the importance of carefully assessing regulatory credentials and trust scores when choosing an online broker.
| Feature |
Swissquote
|
GBE brokers
|
|---|---|---|
| Year Founded | 1996 | 2013 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Swissquote, a major Swiss banking entity, offers accounts through its U.K., Luxembourg, and Swiss branches. However, its trading costs are not among the lowest in the forex market. The U.K. branch provides lower costs and deposit requirements compared to its Luxembourg and Swiss branches, but it features a limited range of products. The Swissquote U.K. has four account types, with the Elite account offering the most competitive costs for active traders who deposit at least $10,000. Spreads start from 0.6 pips in the Prime account, but this is a minimum, not an average. Across its Luxembourg and Swiss entities, Swissquote's spreads range from 0.8 pips to 1.7 pips, depending on the account type. Overall, Swissquote is rated 3.5 stars for its commissions and fees, ranking 52nd out of 62 brokers by ForexBrokers.com.
GBE brokers, on the other hand, offers competitive fee structures, although specific average spread data is not highlighted. Despite the lack of detailed spread information, GBE brokers receive a better rating and ranking than Swissquote. It is awarded 4 out of 5 stars for its commissions and fees, ranking 36th out of 62 brokers in the same category as per ForexBrokers.com. This difference indicates that GBE brokers may offer more cost-effective trading conditions, particularly when compared to Swissquote’s higher-end offerings at its Swiss and Luxembourg branches.
In summary, for traders prioritizing lower trading costs, GBE brokers stands as a more favorable option over Swissquote, which charges a premium for its banking allure. While Swissquote excels in brand value as a Swiss bank, GBE brokers appear more appealing on a cost basis, reflected in its higher ranking and star rating for commissions and fees.
| 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 evaluating online brokers Swissquote and GBE brokers based on their trading platforms and tools, Swissquote stands out particularly for its in-house developed proprietary platform. Both brokers offer simulated trading with free virtual demo accounts, and have platforms accessible via Windows download and web browsers. Additionally, both Swissquote and GBE brokers support copy trading and provide access to popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5). However, neither offers DupliTrade or ZuluTrade. In terms of charting tools, Swissquote allows for more versatility with 75 drawing tools compared to GBE brokers' 15. Both platforms facilitate trading directly from charts, enhancing the user experience.
Swissquote provides a more extensive watch list feature with 11 columns, compared to GBE brokers' 7 columns. When star ratings for trading platforms and tools are considered, Swissquote scores higher with 4.5 stars, outperforming GBE brokers’ 4 stars. Furthermore, according to ForexBrokers.com, Swissquote is ranked 11th out of 62 brokers for trading platforms and tools, while GBE brokers is ranked at 57. Clearly, for traders looking for a variety of features and higher platform functionality, Swissquote offers a more comprehensive suite of tools.
| 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.
When comparing the mobile trading apps of Swissquote and GBE brokers, both provide iPhone and Android apps, ensuring reliable access across devices. They offer essential features like stock and forex price alerts, real-time watchlists, and trendline drawing capabilities. Users can explore their investments with multiple time frames and easily revisit their work since both apps auto-save chart drawings. However, neither app allows watchlist symbol syncing between mobile and online accounts, making manual updates necessary.
While Swissquote and GBE brokers each include 30 technical studies for charting, they differ in overall ratings and rankings. Swissquote stands out with a 4.5-star rating, ranked 10th in mobile trading by ForexBrokers.com, while GBE brokers received a slightly lower rating of 4 stars, placing 57th. These subtle differences might influence your decision, depending on your needs and preferences for mobile trading functionality.
| 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 | 1 | 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) | No | 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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