Swissquote
Visit

74-89% of retail CFD accounts lose money.

Vs.

Valutrades
Visit

82% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

82% 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.

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

Best For
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
  • Currency traders looking for an ECN broker
  • Professional currency traders looking for an API offering
  • Traders looking for a narrow range of commodities, cryptocurrencies 
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)
  • FSAS (Seychelles)
  • FCA (UK)
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
  • Scalping is allowed (great for professional traders)
  • Competitive commissions of $3 per lot round turn
  • Access to ECN or DMA accounts 
The Bad
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
  • Asset offering is poor (only 80 instruments and no stocks or ETFs)
  • Doesn’t have its on trading application
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 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • American Express
  • AstroPay
  • Diners
  • SticPay
  • PayPal
  • Skrill
  • Neteller e-wallets
  • Wire transfers
  • Giropay
  • iDEAL
  • JCB
  • Klarna
  • POLiPaysafecard
  • Przelwy24
  • Rapid Transfer
  • AliPay
💵 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. 13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, SY, IR.

US, IR, SY.

📊 STP Account
Yes No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes Yes
Banking License
Yes No
Debit Card
Yes No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
175,533 133
Exchange Access
60 0
📙 Real Stocks
100,000 0
📙 Stock CFDs
0 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 73
📗 Commodities
0 0
📗 Commodities CFDs
12 5
📕 Indices
0 0
📕 Indices CFDs
26 25
📔 ETFs
1,400 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
12 4
📒 Bonds
54,000 0
📒 Bonds CFDs
3 0
📓 Options
10,000 0
📓 Options CFDs
0 0
📗 Futures
10,000 0
📗 Futures CFDs
0 26
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) 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 Varies per commodity (eg: 0.01 Contracts of Gold)
📉 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 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 No
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes No
📊 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

Three free withdrawals a month, then 5% processing fee.

💰 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.

Yes (Eg: Forex commission of $3 per side with ECN account).

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips Dynamic - From 0.1 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 34 Pips
📈 GOLD
Unavailable Dynamic - From 22 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Unavailable
📈 XLK (ETF - CFD)
Dynamic - Market Spread Unavailable
📉 BTC
Unavailable Dynamic - From $90
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 No
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
No No