Comparison EasyMarkets vs Swissquote
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares EasyMarkets vs Swissquote. Is EasyMarkets or Swissquote a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Let’s analyze the commission fees on trading options. EasyMarkets has a commission fee of from 0.001 pips, Swissquote has a commission fee of £1 per contract (Minimum £5). For trading in Forex, the commission fee of EasyMarkets is from 1.8 pips, while the commission fee of Swissquote is average spread of 1.3 pips. We can also analyze commission fees for trading CFD: they are from 5 pips in EasyMarkets vs from 0.06% in Swissquote. For a more complete picture, let’s consider trading in the metal market, where EasyMarkets and Swissquote have commission fees of from 45 pips and £1 per contract (Minimum £5), respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are EasyMarkets provides customers with Stocks Trading, Options Trading, Forex Trading, Crypto Trading, and Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, EasyMarkets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Swissquote offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. EasyMarkets was founded in 2001 in Cyprus, and it is regulated by CySEC, ASIC. And Swissquote was founded in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. Withdrawal of funds from EasyMarkets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Swissquote provides the ability to withdraw funds using Bank Wire with a withdrawal fee of depends on account type. The withdrawal time for EasyMarkets is 3 - 10 business days, and that one for Swissquote is 1-2 working days.
As a result, the rating of EasyMarkets is 4.5 stars versus that of Swissquote of 4 stars.