Comparison Interactive Brokers vs Swissquote

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Interactive Brokers vs Swissquote. Is Interactive Brokers or Swissquote a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Interactive Brokers on regular transactions of the stock exchange is $0.005, and Swissquote has a commission fee of from £15. Let’s analyze the commission fees on trading options. Interactive Brokers has a commission fee of $0 + $0.70 per contract, Swissquote has a commission fee of £1 per contract (Minimum £5). For trading in Forex, the commission fee of Interactive Brokers is 0.20 basis points, while the commission fee of Swissquote is average spread of 1.3 pips. For a more complete picture, let’s consider trading in the metal market, where Interactive Brokers and Swissquote have commission fees of 0.15 basis points and £1 per contract (Minimum £5), respectively. You can read more detailed information on commission fees in the online broker reviews.

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 Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex 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. Concerning the platforms, Interactive Brokers uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Swissquote uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. Withdrawal of funds from Interactive Brokers can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Swissquote provides the ability to withdraw funds using Bank Wire with a withdrawal fee of depends on account type. The time for withdrawal in Interactive Brokers is 3-5 days, and that one in Swissquote is 1-2 working days.

As a result, the rating of Interactive Brokers is 4.1 stars versus that of Swissquote of 4 stars.