Comparison E*TRADE vs Swissquote
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare E*TRADE vs Swissquote. Which of them: E*TRADE or Swissquote a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. E*TRADE has a commission fee of $6.95, and Swissquote has a commission fee of from £15. When analyzing trading options, the commission fees of E*TRADE is $6.95 + $0.75 per contract, and that one of Swissquote is £1 per contract (Minimum £5). For a more complete picture, let’s consider trading in the metal market, where E*TRADE and Swissquote have commission fees of $1.50 per contract 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 E*TRADE provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor, 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, E*TRADE offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. E*TRADE was founded in 1982 in United States, and it is regulated by FINRA. And Swissquote was founded in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from E*TRADE with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And Swissquote provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is depends on account type. The withdrawal time for E*TRADE is 3 days, and that one for Swissquote is 1-2 working days.
Overall, E*TRADE boasts 4.3 stars versus Swissquote 4 stars.