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


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