Swissquote vs Trade Republic

Swissquote vs Trade Republic Comparison Table 2024
Swissquote	Trade Republic
Review 4	Review 2.8

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.	Trade Republic is a German investment firm, with an intutive mobile app to trade stocks, ETFs, crypto, derivatives and more. The broker is regulated by the Federal Bank of Germany (BaFin) and provides commission-free execution on all assets. The brand has +1 million registered customers, with +€6 billion assets under management (AUM).
Comment by Reviewer
"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."	"I think traders looking for an easy-to-use mobile trading app with auto investment options and savings plans should consider Trade Republic. However, after testing out the account, the lack of additional tools and resources was a major drawback for me."
Pros
Huge 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	It's good to see that Trade Republic is authorized and regulated by the Federal Bank of Germany (BaFin) with €100,000 compensation available per investor I'm a fan of Trade Republic's sleek and modern mobile app with simple navigation and an easy-to-use interface I think the commission-free pricing model on all assets with $0 minimum deposit and $1 minimum investment makes the broker ideal for beginners Trade Republic offers a pretty impressive asset list including 8000+ international stocks, 500+ ETFs, 40,000+ derivatives and 50+ crypto coins I also like that interest payments are available on uninvested cash balances
Cons
High minimum deposit of $1000 Complex suite of services and tools Higher than average fees on some products	I think it's a shame that there's no demo account or any educational content on offer for beginners There are limited customer support options with no live chat or telephone contact My tests found that Trade Republic is only available to European residents
Instruments
Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)	Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes	No
Minimum Deposit
$1000	$0
Trading Platforms
MT4 MT5 AutoChartist TradingCentral	Own
Payment Methods
Credit Card Debit Card Mastercard Visa Wire Transfer	Credit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, FINMA, DFSA, SFC	BaFin, Bundesbank
Margin Trading
Yes	No
STP Account
No	Yes
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes
Copy Trading
No	No
Social Trading
Yes	No
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY TRY SEK CHF AED	EUR
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group S&P 500 SIX Swiss Exchange
Commodities
Gasoline Gold Oil Palladium Platinum Silver	Gold Silver
CFD Trading
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.	CFD trading not offered
Leverage
1:30
FTSE Spread
0.9
GBPUSD Spread
1.3
Oil Spread
0.02
Stocks Spread
N/A
Forex Trading
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.	Forex trading not offered
GBPUSD Spread
1.3
EURUSD Spread
1.3
EURGBP Spread
1.5
Assets
80+
Cryptocurrency
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.	Trade Republic offers a very good range of 50+ crypto coins such as Bitcoin, Ethereum and Ripple. I can trade 24/7 for as little as €1 and I'm pleased to see that cold wallet storage solutions are available for digital currency, regulated in Germany and Austria.
Spread
Variable	Market
Coins
BTC LTC BTC ETC XLM REP ADA AAVE ALGO MKR DOT MATIC SAND APE ETH XRP LINK EOS XTZ FILE DOGE ADA AVA	BTC ETH LTC BCH
Crypto Lending
Yes	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No

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