ForexVox Vs. Swissquote - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 61% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
ForexVox is a new trading name from Valutrades, a broker operating since 2012 that offers currencies, indices and commodities under FCA and FSAS regulation.	Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.
Best For
Experienced traders that look for an ECN account offering with commissions Currency traders	Traditional equity investors looking for a broad range of markets Experienced traders looking to benefit from their amazing research tools
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (United Kingdom) FSAS (Seychelles)	FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)
The Good
FCA Regulation and being a trading name of ValuTrades (founded in 2012) Scalping is allowed Ecn account offered	Outstanding asset offering with more than 60 exchanges across the world Amazing research and analysis tools for all trader levels Thematic investments with preconfigured product baskets Offers banking services along with debit card
The Bad
Poor asset offering (less than 100 instruments) Low platform offering (only MT4 and MT5 available) Client area lacks usability Average spreads are high	Their proprietary platform lacks many features and is not user friendly Their commissions are extremely high Overall everything feels complicated to use
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 hour	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2020	1996
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Skrill Neteller UnionPay USDT (Tether) Bank Transfer SticPay	Visa Mastercard Bank Transfer
💵 Account Base Currencies
3 - EUR, USD, GBP.	21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, JP, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
Yes	Yes
Banking License
No	Yes
Debit Card
No	Yes
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
104	175,533
Exchange Access
0	60
📙 Real Stocks
0	100,000
📙 Stock CFDs
0	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
74	80
📗 Commodities
0	0
📗 Commodities CFDs
3	12
📕 Indices
0	0
📕 Indices CFDs
15	26
📔 ETFs
0	1,400
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	12
📒 Bonds
0	54,000
📒 Bonds CFDs
0	3
📓 Options
0	10,000
📓 Options CFDs
0	0
📗 Futures
0	10,000
📗 Futures CFDs
7	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	From $50
📉 Minimum ETFs Trade Size
Unavailable	From $50
📈 Minimum Crypto Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	From $50
📉 Minimum Bonds Trade Size
Unavailable	From $50
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots)	From $50
📉 Minimum Options Trade Size
Unavailable	From $50
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	$10 per withdrawal.
💰 Commissions
No commissions on their standard account A $7 per lot round turn commission on their ECN account	For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.
Spreads
📈 EUR/USD
Dynamic - From 1 Pip	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 135 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 16 Pips	Unavailable
📉 TSLA (Stock CFD)
Unavailable	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Unavailable	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	Yes
📡 Account Management
No	No
📡 Webinars
No	No