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VALR vs Swissquote

VALR vs Swissquote Comparison Table 2023
VALR Swissquote
Review
2.2
Review
4
United States Flag Traders from US not accepted
See available crypto brokers
United States Flag Traders from US not accepted
See available CFD brokers

VALR is an unregulated South-African cryptocurrency exchange, founded in 2019. Clients can access over 60 crypto assets with opportunities to earn staking and market making rewards. The broker also offers a QR code payment service.

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.

Bonus Offer
Reward Scheme
Comment by Reviewer
"VALR will appeal to new and experienced crypto traders in South Africa, looking for ZAR pairs and free deposits. On the negative side, regulatory oversight is weak with fewer crypto tokens than alternatives." "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
  • Earn hourly staking rewards on certain assets, or save up to 15% on trading fees when you refer a friend
  • 0.01% of a trade's value paid to market makers when you use the Exchange Buy/Sell service
  • VALR Pay allows clients to send cash or crypto payments to any mobile number or VALR Pay ID, using fast and unique QR codes
  • The brokers Exchange Buy/Sell platform will appeal to experienced retail traders, with access to interactive TradingView charts
  • Fast fiat or crypto funding available, with no minimum or maximum limits
  • 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
Cons
  • Ticket-based customer support only
  • Services restricted in several countries including the US
  • Fees for more than one crypto withdrawal per calendar month
  • Not as many crypto assets as other brands
  • Limited educational content and resources
  • Unregulated with low trust score
  • Only ZAR fiat currency available
  • No demo account
  • High minimum deposit of $1000
  • Complex suite of services and tools
  • Higher than average fees on some products
Instruments
Crypto Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)
Demo Account
No Yes
Minimum Deposit
$0 $1000
Trading Platforms
  • TradingView
  • MT4
  • MT5
  • AutoChartist
  • TradingCentral
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FCA, FINMA, DFSA, SFC
Margin Trading
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No 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
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • AED
Stock Exchanges
Commodities
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
0.9
GBPUSD Spread
1.3
Oil Spread
0.02
Stocks Spread
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
1.3
EURUSD Spread
1.3
EURGBP Spread
1.5
Assets
80+
Cryptocurrency
VALR offers 60+ crypto assets including Bitcoin, Tether and Shiba Inu, though the selection is not as wide as other firms. However, traders can earn 0.01% in rewards as market makers. 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
0.75% buy/sell per trade Variable
Coins
  • BTC
  • ETH
  • BNB
  • SOL
  • USDC
  • XRP
  • AVAX
  • SHIB
  • AAVE
  • ADA
  • ALGO
  • ANT
  • BAT
  • BCH
  • BNT
  • BSV
  • CELO
  • COMP
  • CRO
  • CVC
  • DAI
  • DCR
  • DGB
  • DNT
  • DOGE
  • DOT
  • ENJ
  • EOS
  • ETC
  • GNO
  • GNT
  • KMD
  • LINK
  • LSK
  • LTC
  • MANA
  • MATIC
  • MONA
  • OMG
  • PAX
  • PIVX
  • QNT
  • QTUM
  • REPV2
  • RLC
  • SC
  • SNT
  • STMX
  • STORJ
  • TRX
  • TUSD
  • UNI
  • VET
  • WAVES
  • XEM
  • XLM
  • XTZ
  • ZRX
  • 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
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