Degiro vs Swissquote

Degiro or Swissquote – which is better for UK traders 2024? Compare Degiro and Swissquote in this detailed breakdown of their platforms, features and fees.

Degiro vs Swissquote Comparison Table 2024
Degiro Swissquote
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2.8
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4
Degiro is ranked #118 among UK brokers. Swissquote is ranked #63 among CFD brokers.
Degiro has closed or no longer accepts UK clients.
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.
Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.
Investing involves risk of loss
Pros
  • Low minimum deposit
  • Multiple account currencies
  • Commission-free stock trading
  • Access 50 exchanges in 30 countries
  • Beginner-friendly platform and app
  • Regulated by BaFin and FCA
  • No inactivity fee
  • 90+ global awards
  • 2+ million users
  • Huge range of products including CFDs, futures and options
  • Scalping, trading and swing trading strategies supported
  • Swiss-listed and regulated with a strong track record
  • Ebanking and cryptocurrency Bitcoin exchange services
  • Multi-currency account with 22 currencies
  • MetaTrader 4 and MetaTrader 5 integration
  • Autochartist and Trading Central tools
  • Free demo account
  • FCA-regulated
  • APIs
Cons
  • No copy trading
  • No demo account
  • No MT4 integration
  • No CFD trading
  • Few payment methods
  • High minimum deposit of $1000
  • Complex suite of services and tools
  • Higher than average fees on some products
Awards
  • Best Online Broker - Qualebroker 2022 (Italy)
  • Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy)
  • Best Discount Broker - Broker Chooser 2022 (UK)
  • Best Broker For Stock Trading - Broker Chooser 2022 (UK)
FCA Regulated
Yes Yes
Instruments
Stocks, ETFs, Bonds, Futures, Options, Warrants Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)
Demo Account
No Yes
Minimum Deposit
$0 $1000
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
BaFin, FCA FCA, FINMA, DFSA, SFC
Mobile Apps
iOS, Android & Windows iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
Margin Rate
4%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • AED
Commodities
  • Gasoline
  • Oil
  • Gold
  • Silver
  • Livestock
  • Copper
  • Aluminium
  • Cotton
  • Coffee
  • Cannabis
  • Oil
  • Gasoline
  • Silver
  • Gold
  • Palladium
  • Platinum
CFD
DEGIRO do not offer CFDs Swissquote offers spot, forward and synthetic contracts on a breadth of markets, including stocks, indices, bonds and commodities. The pricing model is transparent with no hidden fees. Clients can diversify portfolios and hedge risk with low margin requirements.
Leverage
1:30
FTSE Spread
N/A 0.9
GBPUSD Spread<
N/A 1.3
Oil Spread
N/A 0.02
Stocks Spread
N/A (Flat fee applies) N/A
Forex
Degiro do not offer Forex trading Swissquote offers trading on a huge range of forex assets, covering 80+ currency pairs. Spreads start from 1.3 pips with the Premium account and there are zero commissions. Micro, mini and standard lot sizes are available plus options contracts on major currencies.
Assets
0 80+
GBPUSD Spread
N/A 1.3
EURUSD Spread
N/A 1.3
EURGBP Spread
N/A 1.5
Degiro Swissquote
Investing involves risk of loss
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