Swissquote vs forextime, 2024 Update
Read our In-Depth Swissquote vs forextime Review - for 2024
This review comparing Swissquote and forextime has been updated for 2024 by seasoned professionals with extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Swissquote vs forextime does not apply to all countries as follows:
Swissquote Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
forextime Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Swissquote vs forextime
Every trading platforms has a few advantages and disadvantages, so any comprehensive review of Swissquote and forextime cannnot be regarded as thorough without having a fair assessment.
Compare forextime and Swissquote to understand how these platforms line up to each prior to you decide to create an account. A side-by-side comparison will place factors in perspective in order that you are informed about what you should anticipate.
So you are looking for a broker and are choosing between Swissquote or forextime. Who is better in 2024?
This Swissquote vs forextime comparison contains the latest information so you can easily compare forextime against Swissquote.
If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You will acquire proficient at all the concepts of broker since you keep trading. For starters, you have to choose the ideal broker who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. Swissquote and forextime are two such platforms that will take you and your investment into great heights. It is crucial that you compare Swissquote vs forextime until you trust them with your money.
Our Swissquote vs forextime comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Swissquote and forextime side by side.
Our entire Swissquote vs forextime Review covers all you will need to know about trading with either Swissquote or forextime. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
Swissquote and forextime are both brokers that have forged their way successfully to the brokerage world. Within this review, we have tried to collate a number of the vital aspects of both Swissquote and forextime. This review can allow you to understand whether either forextime or Swissquote is a good fit for your own investments or not. We have attempted to breakdown all of the features and fees for your advantage.
Benefits of Swissquote and forextime Compared
Swissquote has a minimum deposit of $0 while forextime offers a $250 minimum deposit.
Why smaller minimum deposits are good and how Swissquote and forextime compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Swissquote has around 100 financial instruments whilst forextime has around 100 on their platform.
The more financial instruments you can trade on the Swissquote and forextime trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Swissquote or forextime.
Swissquote and forextime Contact Details
Being able to contact a broker easily is a sign of a professional broker. Swissquote and forextime have the following contact details and social medias that you can use.
Broker | Swissquote | forextime |
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Telephone Number | +41 44 825 88 88 | |
Address | Chemin de la Cr├®taux 33, Gland, Vaud 1196, Switzerland | |
Swissquote Twitter Account | forextime Twitter Account | |
Swissquote Facebook Page | forextime Facebook Page | |
Swissquote Instagram Account | forextime Instagram Account | |
Swissquote LinkedIn Page | forextime LinkedIn Page | |
YouTube | Swissquote YouTube Channel | forextime YouTube Channel |
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forextime and Swissquote Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Swissquote and forextime we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Swissquote vs forextime - Awards
Broker | Swissquote | forextime |
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Awards |
Swissquote have won many industry awards over the time they have been operating as an online trading platform. We list the most notable awards for Swissquote below.
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At the time of writing this forextime review, and despite forextime’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Swissquote vs forextime - Frequently Asked Questions
Swissquote vs forextime - Headquarters And Year Of Founding
Swissquote was founded in 1999 and has its headquaters in Switzerland.
forextime was founded in 2011 and has its head office in Lebanon.
What is the minimum deposit for forextime or Swissquote
The minimum deposit for Swissquote is $0.
The minimum deposit for forextime is $250.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Swissquote and forextime are a good option.
Swissquote vs forextime - Regulation And Licencing In More Detail
Swissquote is regulated by Financial Conduct Authority (FCA).
forextime is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230.
Both Swissquote and forextime have a strong set of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Swissquote vs forextime Commission And Fees
Swissquote and forextime are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you are paying a spread, funding rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people who are charged when you hold a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They're charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither Swissquote or forextime charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by Swissquote and forextime are relatively greater. As a result, you are charged more for non-trading activities in your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This Swissquote vs forextime review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Swissquote And forextime
What Languages Do Swissquote And forextime Support?
Being able to talk easily with your online broker is a key part of comparing brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading online.
Below you will find all the languages that both Swissquote and forextime offer communication in.
How Many Clients Do Swissquote and forextime Have?
Both Swissquote and forextime are well known and trusted. It is important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many clients Swissquote and forextime are active on their platform
What Payment Methods Do Swissquote and forextime Accept?
Swissquote and forextime both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Swissquote and forextime
What Can You Trade With Swissquote and forextime?
Swissquote offers 100 trading instruments whilst forextime offers 113.
Below you will find a full breakdown of what both Swissquote and forextime offer.
Swissquote Review
Swissquote vs forextime:
Table Of Contents
- Compare Swissquote vs forextime
- Benefits of Swissquote and forextime Compared
- forextime and Swissquote Mobile App Comparison
- Swissquote vs forextime - Awards
- Swissquote vs forextime - Frequently Asked Questions
- What is the minimum deposit for forextime or Swissquote
- Swissquote vs forextime - Regulation And Licencing In More Detail
- Compare Broker Fees For Swissquote And forextime
- What Languages Do Swissquote And forextime Support?
- How Many Clients Do Swissquote and forextime Have?
- What Payment Methods Do Swissquote and forextime Accept?
- What Can You Trade With Swissquote and forextime?