This contrast guide helps users who battle to select between Swissquote and TastyTrade to find the very best online broker for their trading and investment demands. It assesses the highlights of the two brokers side-by-side to aid users contrast their solution and make an educated decision.
To assist individuals choose the ideal broker in between Swissquote and TastyTrade to discover the best-suited platform, below is a listing of broker’s benefits and drawbacks, adhered to by a comparison of their major trading functions, consisting of trading platforms & tools, costs, mobile trading, deposit & withdrawal, properties, guideline, and consumer assistance.
Swissquote vs. TastyTrade: Summary
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.
TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.
The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
Pros
- Low minimum deposit ($0)
- Wide range of futures and options
- Low, variable, and capped trading fees
- Broad range of tools for advanced options and futures traders
- Great research and educational materials
Cons
- No fractional shares available
- Limited instruments compared to other brokers
- High margin rates required
Key features
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
Key features
- Access to thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
- Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
- Multiple advanced order types available (good until canceled and good until date)
- Free monthly portfolio analysis
- Support for Expert Advisors and other automated trading software
Swissquote vs. TastyTrade Comparison
Select up to 3 Brokers
Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
Tastytrade
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 5:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $10 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.6 pips | 0 |
| Stocks & ETF | $9 | 0 |
| CFD (Gold) | 5.37 pips | 0 |
| Crypto | 0.50% | 1% open 1% close (max $10 each way) |
| Options | $1.49 per contract | $1 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 60 | 2400 |
| ETF & Funds | 9000 | 0 |
| Crypto | 26 | 25 |
| Commodities | 0 | 0 |
| Indices | 0 | 7 |
| Options | 6 | 0 |
| Futures | 6 | 83 |
| Bonds | 53000 | 0 |
| Forex Instruments | 80 | 0 |
| CFD Indices & Funds | 26 | 0 |
| CFD Stocks | 0 | 0 |
| CFD Commodities | 12 | 0 |
| CFD Crypto | 12 | 0 |
| CFD Bonds | 3 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | Spanish | |
| Personal Account Manager |
Winner
Swissquote vs. TastyTrade Comparison Conclusion
The outcomes of our contrast of Swissquote vs. TastyTrade are wrapped up in the table listed below.
| Broker: | Best For: |
| Swissquote | Investors |
| TastyTrade | Options Trading |
Picking the ideal selection between Swissquote and TastyTrade can be tough. Both online brokers have resemblances but vary relating to trading tools, systems & apps, guideline, deposit & withdrawals, and study and education. Picking the very best broker depends upon customers’ trading & investment objectives, private choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.