InvestEngine vs Swissquote

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

InvestEngine vs Swissquote Comparison Table 2024
InvestEngine Swissquote
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InvestEngine is ranked #118 among UK brokers. Swissquote is ranked #63 among CFD brokers.
InvestEngine was founded in 2019 by the founders and CEOs of Gumtree and Ramsey Crookall, a successful independent wealth management firm. The company is regulated in the UK by the FCA and has planted itself as a strong competitor within the retail stock trading space, offering managed and DIY investment portfolios and access to more than 550 global ETFs. 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.
Pros
  • We were impressed by the company's provision of analytics reports and strategy advice, as well as top product picks and a detailed blog
  • Hands-on investors can benefit from completely free access to InvestEngine's services, only paying for any dealing charges
  • We think the firm's investment platform is intuitive and impressive, making the whole experience simple and stress-free
  • InvestEngine clients have a wide choice of investment and savings accounts to tailor solutions to their goals
  • Managed portfolios provide professional advice and expert picks for a commission of only 0.25%
  • 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
  • Any clients looking for long-term gains from individual company stock investments must look elsewhere as InvestEngine limits its products to ETFs
  • Despite offering several account types, the firm does not support Lifetime ISAs or Self Invested Pension Pots (SIPPs)
  • No tiered services for high-net-worth investors
  • High minimum deposit of $1000
  • Complex suite of services and tools
  • Higher than average fees on some products
FCA Regulated
Yes Yes
Instruments
ETFs Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)
Demo Account
No Yes
Minimum Deposit
£100 $1000
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
FCA FCA, FINMA, DFSA, SFC
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
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
No Yes
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes Yes
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Yes 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
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • AED
Commodities
  • Gold
  • Oil
  • Silver
  • Oil
  • Gasoline
  • Silver
  • Gold
  • Palladium
  • Platinum
CFD
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
0.9
GBPUSD Spread<
1.3
Oil Spread
0.02
Stocks Spread
N/A
Forex
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
80+
GBPUSD Spread
1.3
EURUSD Spread
1.3
EURGBP Spread
1.5
InvestEngine Swissquote
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