Comparison of AvaTrade and Swissquote
| Feature | AvaTrade | Swissquote |
|---|---|---|
| Broker | ||
| Year Founded | 2006 | 1996 |
| Broker Type | MM | STP |
| Dealing | B-book | A-book |
| Execution | Market | Market |
| Regulation | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO | FINMA, CSSF, FCA, DFSA, SFC, MAS |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView |
| Spread | ⬊ Low | ⬈ High |
| Maximum Leverage | 1:400 | 1:400 |
| Minimum Deposit | $100 | $1000 |
| Base Currencies | USD, EUR, GBP, CHF | USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal | Bank transfer (SWIFT/SEPA), Visa, Mastercard |
| Inactivity Fee | $50 per month after 3 months | $10 per month after 6 months of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | $10 for standard bank withdrawals; card withdrawals 1.9 % (SEPA) / 0 % (non-SEPA) |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL) | esisuisse / FGDL |
| Protection Size | £85 000 / €20 000 | CHF 100 000 / €100 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities, Bonds |
| Review | AvaTrade Review | Swissquote Review |
About AvaTrade
AvaTrade is a well-established Forex and CFD broker recognized for its comprehensive trading platforms, diverse range of financial instruments, and robust regulatory framework. Founded in 2006, AvaTrade serves clients worldwide, offering access to major and minor currency pairs, commodities, indices, cryptocurrencies, and more. The broker supports multiple trading platforms, including the popular MetaTrader 4 and 5, as well as its proprietary AvaTradeGo app, catering to both desktop and mobile traders. AvaTrade is regulated by several reputable authorities, ensuring a high level of security and trust for its clients. Additionally, the broker provides a variety of account types to suit different trading styles and experience levels, along with extensive educational resources and customer support to assist traders in making informed decisions. With competitive spreads, flexible leverage options, and efficient withdrawal processes, AvaTrade stands out as a reliable choice for both novice and experienced Forex traders.
Pros
- Regulated by multiple top-tier financial authorities
- Offers MetaTrader 4, MetaTrader 5, and AvaTradeGo app
- Provides access to Forex, commodities, indices, and cryptocurrencies
- Extensive tutorials, webinars, and market analysis available
- Offers tight spreads across numerous trading instruments
- Free demo accounts available for practice trading
- Multilingual support available through various channels
Cons
- Maximum leverage may be lower than what some traders desire
- AvaTradeGo app offers fewer customization options
About Swissquote
Swissquote is Switzerland’s flagship online banking and brokerage group, supervised by FINMA and listed on SIX (SQN). Combining a Swiss bank account with a multi-asset trading hub, it offers 70+ FX pairs, 400+ CFDs on MT4/MT5, the proprietary CFXD platform and TradingView. Retail leverage is capped at 1:100 (EU 1:30), spreads start from 1.7 pips on Standard and 1.1 pips on Prime, while client funds enjoy segregated custody and deposit insurance up to CHF 100 000/€100 000. The broker best suits safety-minded traders who value Swiss banking regulation, high-volume FX/CFD professionals needing FIX/API connectivity, and diversified investors seeking direct access to global exchanges from a single account. Beginners with very small deposits may find the USD 1 000 entry threshold and inactivity fee less attractive than at zero-commission fintechs.
Pros
- Bank-licensed, publicly traded and multi-jurisdictionally regulated
- 70+ FX pairs and 400+ CFDs; real stocks on 30+ exchanges
- Choice of MT4/MT5, proprietary Advanced Trader & FIX API
- Retail negative-balance protection and segregated funds
- Comprehensive research, Autochartist, free market news
Cons
- High minimum deposit ($1 000) and tiered account pricing
- Spreads above industry average on Standard account
- Inactivity fee after 6 months
- No support for Skrill/Neteller/PayPal funding
AvaTrade & Swissquote Regulation
| Feature | AvaTrade | Swissquote |
|---|---|---|
Companies | Ava Trade EU Ltd, Ava Trade Markets Ltd, Ava Capital Markets Australia Pty Ltd, Ava Capital Markets Pty, Ava Trade Japan K.K., AVA Trade Middle East Ltd, ATrade Ltd, Friedberg Mercantile Group Ltd. | Swissquote Bank Ltd; Swissquote Bank Europe Ltd; Swissquote Ltd (UK); Swissquote MEA Ltd; Swissquote Asia Ltd; Swissquote Financial Services (Malta) Ltd; Swissquote Pte. Ltd; Swissquote Tech Hub Bucharest S.R.L; Swissquote Capital Markets Ltd; Swissquote South Africa (Pty) Ltd |
Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Switzerland, Luxembourg, UK, Dubai, Hong Kong, Malta, Singapore, Romania, Cyprus, South Africa |
Regulators | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO | FINMA, CSSF, FCA, DFSA, SFC, MAS |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL) | esisuisse / FGDL |
Investor Protection Size | £85 000 / €20 000 | CHF 100 000 / €100 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | AvaTrade | Swissquote |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $100 | $1 000 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.6 | 1.7 |
| Fee | No | No |
| Max Leverage | 1:400 | 1:100 |
| Stop Out | 50% | 30% |
| Margin Call | 100% | 100% |
STP Account | ||
| Account Name | — | Premium |
| Min Deposit | — | $10 000 |
| Lot Size | — | 0.1 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.4 |
| Fee | — | No |
| Max Leverage | — | 1:100 |
| Stop Out | — | 30% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | AvaTrade | Swissquote |
|---|---|---|
Base currencies | USD, EUR, GBP, CHF | USD, EUR, JPY, GBP, CHF, CAD, AUD, TRY, PLN, SEK, NOK, SGD, XGD, HUF, CZK |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal | Bank transfer (SWIFT/SEPA), Visa, Mastercard |
Inactivity fee | $50 per month after 3 months | $10 per month after 6 months of inactivity |
Interest on margin | ||
Withdrawal fee | $10 for standard bank withdrawals; card withdrawals 1.9 % (SEPA) / 0 % (non-SEPA) |
Trading Platforms and Conditions
| Feature | AvaTrade | Swissquote |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO | MetaTrader 4 (MT4), MetaTrader 5 (MT5), CFXD, TradingView |
Execution Speed | 0 ms | 9 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | high |
Trading Assets
| Asset | AvaTrade | Swissquote |
|---|---|---|
Currencies | 53 | 76 |
Indices | 46 | 26 |
Stocks | 614 | 305 |
Cryptocurrencies | 20 | 2 |
Bonds | 2 | 3 |
Metals | 7 | 16 |
Energies | 5 | 9 |
Soft Commodities | 7 | 5 |
ETFs | 61 | 0 |
Education and Analytics
| Feature | AvaTrade | Swissquote |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | AvaTrade | Swissquote |
|---|---|---|
Email | customer@avatrade.com | fx@swissquote.com |
Phone | +3228080310 | +41448258777 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Which Broker is Better?
After comparing AvaTrade and Swissquote, AvaTrade comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.