Swissquote vs Ellevest, Who's Better?
Read our In-Depth Swissquote vs Ellevest Review - 2024 Update
Our Swissquote vs Ellevest review has been refreshed for 2024 by seasoned professionals boasting significant financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Swissquote vs Ellevest 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.
Ellevest Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Swissquote vs Ellevest
Every trading platforms feature some advantages and disadvantages, and any comprehensive review of Swissquote and Ellevest would not be regarded as thorough without embracing a balanced approach.
Assess Swissquote and Ellevest to understand just how these platforms compare against one another prior to you open an account. Performing a comparative analysis can put things into perspective to ensure that you remain informed about the expectations.
So you are looking for a professional broker and are choosing between Swissquote or Ellevest. Which one is best in 2024?
Our Swissquote vs Ellevest comparison contains the most recent information so you can easily compare Ellevest against Swissquote.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You'll acquire adept at all the concepts of broker since you continue trading. For starters, you need to select the right broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. Swissquote and Ellevest are two such companies which will take you along with your investment into great heights. It's important to compare Swissquote vs Ellevest before you trust them with your money.
Our Swissquote vs Ellevest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Swissquote and Ellevest side by side.
Our entire Swissquote vs Ellevest Review covers everything you will need to know about trading with either Swissquote or Ellevest. A good broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you choose them. It's a common misconception that all brokers are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Swissquote and Ellevest are both brokers which have paved their way successfully into the broker world. In this review, we have tried to collate a number of the important facets of both Swissquote and Ellevest. This review can allow you to know whether either Ellevest or Swissquote is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of Swissquote and Ellevest Compared
Swissquote has a minimum deposit of $0 while Ellevest offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Swissquote and Ellevest 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 Ellevest allows you to trade around 100 financial instruments on their platform.
The more instruments you can trade on the Swissquote and Ellevest 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 never want to miss out on a trading opportunity due to the limitations of Swissquote or Ellevest.
Swissquote and Ellevest Contact Details
Being able to contact a broker easily is important. Swissquote and Ellevest have the following contact details and social medias that you can use.
Broker | Swissquote | Ellevest |
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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 | Ellevest Twitter Account | |
Swissquote Facebook Page | Ellevest Facebook Page | |
Swissquote Instagram Account | Ellevest Instagram Account | |
Swissquote LinkedIn Page | Ellevest LinkedIn Page | |
YouTube | Swissquote YouTube Channel | Ellevest YouTube Channel |
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Ellevest 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.
In this part of our comparison of Swissquote and Ellevest we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. 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 Ellevest - Awards
Broker | Swissquote | Ellevest |
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Awards |
Swissquote have won several industry awards over the years they have been running as an online broker. We list the most notable awards for Swissquote below.
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At the time of writing this Ellevest review, and despite Ellevest’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Swissquote vs Ellevest - Frequently Asked Questions
Swissquote vs Ellevest - Headquarters And Year Of Founding
Swissquote was founded in 1999 and has its head office in Switzerland.
Ellevest was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for Ellevest or Swissquote
The minimum deposit for Swissquote is $0.
The minimum deposit for Ellevest is $1.
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 Ellevest are a good choice.
Swissquote vs Ellevest - Regulation And Licencing In More Detail
Swissquote is regulated by Financial Conduct Authority (FCA).
Ellevest is regulated by Unregulated.
Ellevest is unregulated but Swissquote has a powerful set of rules for ensuring honest trading on its individual platforms. For information encryption purposes, they provide industry-standard secure socket layer (SSL).
In accordance with their own privacy policy, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Swissquote vs Ellevest Commission And Fees
Swissquote and Ellevest 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 trading platforms are scaled much better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of fees for this objective.
The first kind of fees to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you are spending a spread, funding rate, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither Swissquote or Ellevest charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees billed by Swissquote and Ellevest are comparatively lower. As a result, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This Swissquote vs Ellevest review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Swissquote And Ellevest
What Languages Do Swissquote And Ellevest Support?
Being able to talk completely with your trading broker is a key element when comparing brokers to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find the languages that both Swissquote and Ellevest support.
How Many Clients Do Swissquote and Ellevest Have?
Both Swissquote and Ellevest are well known and trusted. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients Swissquote and Ellevest are working with
What Payment Methods Do Swissquote and Ellevest Accept?
Swissquote and Ellevest 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 Ellevest
What Can You Trade With Swissquote and Ellevest?
Swissquote offers 100 trading instruments and Ellevest offers 275.
Below you will find a full breakdown of what both Swissquote and Ellevest offer.
Swissquote Review
Swissquote vs Ellevest:
Table Of Contents
- Compare Swissquote vs Ellevest
- Benefits of Swissquote and Ellevest Compared
- Ellevest and Swissquote Mobile App Comparison
- Swissquote vs Ellevest - Awards
- Swissquote vs Ellevest - Frequently Asked Questions
- What is the minimum deposit for Ellevest or Swissquote
- Swissquote vs Ellevest - Regulation And Licencing In More Detail
- Compare Broker Fees For Swissquote And Ellevest
- What Languages Do Swissquote And Ellevest Support?
- How Many Clients Do Swissquote and Ellevest Have?
- What Payment Methods Do Swissquote and Ellevest Accept?
- What Can You Trade With Swissquote and Ellevest?