DEGIRO vs Swissquote

DEGIRO vs Swissquote Comparison Table 2024
DEGIRO	Swissquote
Review 1.8	Review 4
Traders from US not accepted	Traders from US not accepted See available CFD brokers
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.	Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.
Investing involves risk of loss
Comment by Reviewer
"Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs."	"We recommend Swissquote for experienced traders due to the $1000 minimum deposit and advanced trading tools. Swissquote is also a good option for investors looking for a sophisticated robo-advisory service."
Pros
Low minimum deposit Multiple account currencies Commission-free stock trading Access 50 exchanges in 30 countries Beginner-friendly platform and app Regulated by BaFin and FCA No inactivity fee 90+ global awards 2+ million users	Fractional shares added making high-value assets accessible to traders with less capital Vast range of products including CFDs, futures and options Scalping, day trading and swing trading strategies supported Swiss-listed and regulated with a strong track record Ebanking and cryptocurrency Bitcoin exchange services Multi-currency account with 22 currencies MetaTrader 4 and MetaTrader 5 integration Autochartist and Trading Central tools Free demo account FCA-regulated APIs
Cons
No copy trading No demo account No MT4 integration No CFD trading Few payment methods	High minimum deposit of $1000 Complex suite of services and tools Higher than average fees on some products
Awards
Best Online Broker - Qualebroker 2022 (Italy) Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy) Best Discount Broker - Broker Chooser 2022 (UK) Best Broker For Stock Trading - Broker Chooser 2022 (UK)
Instruments
Stocks, ETFs, Bonds, Futures, Options, Warrants	Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)
Demo Account
No	Yes
Minimum Deposit
$0	$1000
Trading Platforms
Own	MT4 MT5 AutoChartist TradingCentral
Payment Methods
Sofort Trustly Wire Transfer	Credit Card Debit Card Mastercard Visa Wire Transfer
Minimum Trade
Variable	0.01 Lots
Regulator
BaFin, FCA, AFM	FCA, FINMA, DFSA, SFC, AFM
Margin Trading
Yes	Yes
Margin Rate
4%
STP Account
No	No
ECN Account
No	Yes
DMA Account
Yes	Yes
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	Yes
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS, Android & Windows	iOS & Android
Auto Trading
	Expert Advisors (EAs) on MetaTrader and FIX API solutions
Copy Trading
No	No
Social Trading
No	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP SEK NOK DKK CHF PLN CZK	USD EUR GBP CAD AUD JPY TRY SEK CHF AED
Stock Exchanges
Australian Securities Exchange (ASX) Borsa Italiana Chicago Mercantile Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Toronto Stock Exchange	CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group S&P 500 SIX Swiss Exchange
Commodities
Aluminium Coffee Cannabis Copper Cotton Gasoline Gold Livestock Oil Silver	Gasoline Gold Oil Palladium Platinum Silver
CFD Trading
CFD trading not offered	Swissquote offers spot, forward and synthetic contracts on a breadth of markets, including stocks, indices, bonds and commodities. The pricing model is transparent with no hidden fees. Clients can diversify portfolios and hedge risk with low margin requirements.
Leverage
	1:30
FTSE Spread
N/A	0.9
GBPUSD Spread
N/A	1.3
Oil Spread
N/A	0.02
Stocks Spread
N/A (Flat fee applies)	N/A
Forex Trading
Forex trading not offered	Swissquote offers trading on a huge range of forex assets, covering 80+ currency pairs. Spreads start from 1.3 pips with the Premium account and there are zero commissions. Micro, mini and standard lot sizes are available plus options contracts on major currencies.
GBPUSD Spread
N/A	1.3
EURUSD Spread
N/A	1.3
EURGBP Spread
N/A	1.5
Assets
	80+
Cryptocurrency
Crypto trading not offered	Swissquote offers online trading on a decent selection of 35+ cryptos 24/7. The digital asset class provides high volatility within a regulated trading environment at Swissquote. A digital wallet is also available to securely store tokens.
Spread
	Variable
Coins
	BTC LTC BTC ETC XLM REP ADA AAVE ALGO MKR DOT MATIC SAND APE ETH XRP LINK EOS XTZ FILE DOGE ADA AVA
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
Investing involves risk of loss