Swissquote vs AvaTrade, Who's The Best?
Read our In-Depth Swissquote vs AvaTrade Review - for 2024
Our review comparing Swissquote and AvaTrade has been refreshed for 2024 from seasoned professionals with considerable financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Swissquote vs AvaTrade 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.
AvaTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Swissquote vs AvaTrade
Each online trading platforms feature certain advantages and disadvantages, so any comprehensive review of Swissquote and AvaTrade cannnot be complete without adopting an objective perspective.
Compare Swissquote and AvaTrade to get a better understanding of how they compare against each other prior to you choose to open an account. A comprehensive comparison can bring aspects into perspective so that you're cognizant of the expectations.
So you are looking for an online trading platform and are choosing between Swissquote or AvaTrade. Who should you choose?
Our Swissquote vs AvaTrade comparison contains the most recent information so you can easily compare AvaTrade against Swissquote.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to select the ideal broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. Swissquote and AvaTrade are two such trading platforms that will take you along with your investment to great heights. It is crucial that you compare Swissquote vs AvaTrade until you trust them with your cash.
Our Swissquote vs AvaTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Swissquote and AvaTrade side by side.
Our full Swissquote vs AvaTrade Review covers all you will need to know about trading using either Swissquote or AvaTrade. A good broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Swissquote and AvaTrade are both brokers which have found their way successfully into the broker world. In this review, we've attempted to collate some of the important aspects of both Swissquote and AvaTrade. This review will allow you to know whether either AvaTrade or Swissquote is a good fit for your investments or not. We have tried to breakdown all the qualities and fees for your convenience.
Benefits of Swissquote and AvaTrade Compared
Swissquote offers a minimum deposit of $0 while AvaTrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how Swissquote and AvaTrade 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 allows you to trade around 100 financial instruments whilst AvaTrade allows you to trade around 100 financial instruments available.
The more instruments you can trade on the Swissquote and AvaTrade 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 AvaTrade.
Swissquote and AvaTrade Contact Details
Being able to contact your broker simply is important. Swissquote and AvaTrade have the following contact details and social medias that you can use.
|Telephone Number||+41 44 825 88 88||+353 76 680 3327|
|Address||Chemin de la Cr├®taux 33, Gland, Vaud 1196, Switzerland||Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL|
|Swissquote Twitter Account||AvaTrade Twitter Account|
|Swissquote Facebook Page||AvaTrade Facebook Page|
|Swissquote Instagram Account||AvaTrade Instagram Account|
|Swissquote LinkedIn Page||AvaTrade LinkedIn Page|
|YouTube||Swissquote YouTube Channel||AvaTrade YouTube Channel|
|Find Out More||
AvaTrade and Swissquote Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Swissquote and AvaTrade will examine whether their mobile app meets all our requirements.
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
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 AvaTrade - Awards
Swissquote have won a lot of industry awards over the years they have been running as a financial broker. We detail the most notable awards for Swissquote below.
|At the time of writing this AvaTrade review, and despite AvaTrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
Swissquote vs AvaTrade - Frequently Asked Questions
Swissquote vs AvaTrade - Headquarters And Year Of Founding
Swissquote was founded in 1999 and has its headquaters in Switzerland.
AvaTrade was founded in 2006 and has its headquaters in The British Virgin Islands.
What is the minimum deposit for AvaTrade or Swissquote
The minimum deposit for Swissquote is $0.
The minimum deposit for AvaTrade is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Swissquote and AvaTrade are a good choice.
Swissquote vs AvaTrade - Regulation And Licencing In More Detail
Swissquote is regulated by Financial Conduct Authority (FCA).
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Both Swissquote and AvaTrade have a strong set of rules for ensuring honest trading on their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Swissquote vs AvaTrade Commission And Fees
Swissquote and AvaTrade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily affected by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of fees for this purpose.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In these cases, you're spending a spread, financing rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people that are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither Swissquote or AvaTrade charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees billed by Swissquote and AvaTrade are comparatively lower. As a result, you are charged more for non-trading actions in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This Swissquote vs AvaTrade review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Swissquote And AvaTrade
What Languages Do Swissquote And AvaTrade Support?
Being able to communicate easily with your trading broker is a key way of comparing brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you can find all the languages that both Swissquote and AvaTrade support.
How Many Clients Do Swissquote and AvaTrade Have?
Both Swissquote and AvaTrade are well established with their customer base. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users Swissquote and AvaTrade are working with
What Payment Methods Do Swissquote and AvaTrade Accept?
Swissquote and AvaTrade 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 AvaTrade
What Can You Trade With Swissquote and AvaTrade?
Swissquote offers 100 trading instruments while AvaTrade offers 250.
Below you will find a full breakdown of what both Swissquote and AvaTrade offer.
Swissquote vs AvaTrade:
Table Of Contents
- Compare Swissquote vs AvaTrade
- Benefits of Swissquote and AvaTrade Compared
- AvaTrade and Swissquote Mobile App Comparison
- Swissquote vs AvaTrade - Awards
- Swissquote vs AvaTrade - Frequently Asked Questions
- What is the minimum deposit for AvaTrade or Swissquote
- Swissquote vs AvaTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For Swissquote And AvaTrade
- What Languages Do Swissquote And AvaTrade Support?
- How Many Clients Do Swissquote and AvaTrade Have?
- What Payment Methods Do Swissquote and AvaTrade Accept?
- What Can You Trade With Swissquote and AvaTrade?