Swissquote
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74-89% of retail CFD accounts lose money.

Vs.

Robomarkets
Visit

72.72% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

72.72% 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.

Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments.

Best For
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
  • Traders interested in trading U.S. equities, ETFS with access to 3,000 stocks
  • Traders looking for a mix of CFDs and stocks through R Stock Trader
  • Traders seeking small investments through its ProCents account
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

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
  • CySec (Cyprus)
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
  • Five different types of accounts for different types of investors, offers copy trading
  • Access to 12,000+ investment instruments, including 3,000 U.S. stocks
  • No inactivity or deposit fee
  • Offers five base currencies, including GOLD, and remote VPS Server
The Bad
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
  • Withdrawals fees (EG: 2.4% on Visa and Mastercard, 2% for PayPal)
  • No integrated news feed on trading platforms
  • Serves only European Union Markets
  • Limited commodities to trade
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
1996 2012
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
💵 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. 5 - EUR, USD, GBP, CHF, GOLD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, SY, IR.

US, CA, SY (Available only for EU Citizens).

📊 STP Account
Yes No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes Yes
Banking License
Yes No
Debit Card
Yes No
Assets
📚 Assets Type
Hybrid Hybrid
Total Asset Offering
175,533 26,061
Exchange Access
60 0
📙 Real Stocks
100,000 12,000
📙 Stock CFDs
0 12,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 35
📗 Commodities
0 0
📗 Commodities CFDs
12 3
📕 Indices
0 0
📕 Indices CFDs
26 9
📔 ETFs
1,400 1,000
📔 ETFs CFDs
0 1,000
💸 Cryptocurrencies
0 14
💸 Cryptocurrency CFDs
12 0
📒 Bonds
54,000 0
📒 Bonds CFDs
3 0
📓 Options
10,000 0
📓 Options CFDs
0 0
📗 Futures
10,000 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
From $50 1 Share
📉 Minimum ETFs Trade Size
From $50 1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies per cryptocurrency (Eg: 0.01 BTC)
📉 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 Unavailable
📉 Minimum Options Trade Size
From $50 Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes No
📱 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
Yes No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 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

$10 per withdrawal.

Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%).

💰 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.

Varies per product (Eg. ETF Pro $0.0045/share).

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips Dynamic - From 0.3 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 40 Pips
📈 GOLD
Unavailable Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $0.25 to $0.55
📈 XLK (ETF - CFD)
Dynamic - Market Spread Unavailable
📉 BTC
Unavailable Dynamic - From $100 to $500
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No
📡 Educational Content
Yes No
📡 Live Chat Support
No Yes
📡 Video Tutorials
Yes No
📡 Account Management
No Yes
📡 Webinars
No No