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


Visit 74-89% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.	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 and Professional traders looking for different account offerings Experienced traders looking for trading platform variety	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 0 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
IFSC (International Financial Services Commission of Belize)	FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)
The Good
Comprehensive asset offering with more than 13,000+ instruments Great platform variety (MT4, MT5, cTrader and their own proprietary platforms) Custom account types with spreads from 0 pips	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
Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries	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
2009	1996
💳 Minimum Deposit Range
$10	0
💰 Payment Methods
Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)	Visa Mastercard Bank Transfer
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD.	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, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.	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
13,206	175,533
Exchange Access
0	60
📙 Real Stocks
0	100,000
📙 Stock CFDs
12,000	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	80
📗 Commodities
0	0
📗 Commodities CFDs
100	12
📕 Indices
0	0
📕 Indices CFDs
50	26
📔 ETFs
0	1,400
📔 ETFs CFDs
1,000	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
16	12
📒 Bonds
0	54,000
📒 Bonds CFDs
0	3
📓 Options
0	10,000
📓 Options CFDs
0	0
📗 Futures
0	10,000
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	From $50
📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots)	From $50
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$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
Unavailable	From $50
📉 Minimum Options Trade Size
Unavailable	From $50
💪 Retail Leverage
2000	30
💪 Professional Leverage
Unavailable	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).	$10 per withdrawal.
💰 Commissions
Yes depending on account type (eg: for ECN accounts there are commissions up to $20).	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 to 1.4 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 17 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $220	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
No	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No