Plus500 Vs. Swissquote - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options.	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
Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on options	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 3 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
CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)	FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)
The Good
CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools	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
No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)	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 day	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
2008	1996
💳 Minimum Deposit Range
$100	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Skrill	Visa Mastercard Bank Transfer
💵 Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.	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, CU, SY, IR.	US, JP, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	Yes
Debit Card
No	Yes
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
2,245	175,533
Exchange Access
0	60
📙 Real Stocks
0	100,000
📙 Stock CFDs
2,000	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
70	80
📗 Commodities
0	0
📗 Commodities CFDs
25	12
📕 Indices
0	0
📕 Indices CFDs
26	26
📔 ETFs
0	1,400
📔 ETFs CFDs
95	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
14	12
📒 Bonds
0	54,000
📒 Bonds CFDs
0	3
📓 Options
0	10,000
📓 Options CFDs
15	0
📗 Futures
0	10,000
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	From $50
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	From $50
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)	From $50
📉 Minimum Bonds Trade Size
Unavailable	From $50
📈 Minimum Futures Trade Size
Unavailable	From $50
📉 Minimum Options Trade Size
Varies by Option (Eg: 5 contracts of Tesla Calls)	From $50
💪 Retail Leverage
30	30
💪 Professional Leverage
300	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$10 every 3 months of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	$10 per withdrawal.
💰 Commissions
None	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 0.8 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 70 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 30 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $5.2	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From 7 Pips	Dynamic - Market Spread
📉 BTC
Dynamic - From $136	Unavailable
Research and Analysis
⭐ Watchlists
No	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No