InstaForex vs Swissquote
InstaForex or Swissquote – which is better for UK traders 2024? Compare InstaForex and Swissquote in this detailed breakdown of their platforms, features and fees.
| InstaForex | Swissquote |
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| InstaForex is ranked #10 among CFD brokers. | Swissquote is ranked #67 among CFD brokers. |
| InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to millions of clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. | 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. |
| All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
| Pros | |
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| Cons | |
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| FCA Regulated | |
| No | Yes |
| Instruments | |
| Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures | Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) |
| Bonus | |
| Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses | |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $1000 |
| Payment Methods | |
| Minimum Trade | |
| 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) | 0.01 Lots |
| Regulator | |
| BVI FSC | FCA, FINMA, DFSA, SFC, AFM |
| Mobile Apps | |
| iOS and Android + browser based platform | iOS & Android |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | 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 | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| Yes | 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 | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader and FIX API solutions |
| Copy Trading | |
| No | No |
| Copy Trading Platform | |
| The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets. | |
| Social Trading | |
| Yes | Yes |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| €5 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| You can trade CFDs across a range of diverse markets with flexible account types and leverage up to 1:1000. With access to both MT4 and MT5, traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects. | 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 for retail clients, 1:500 for professional | 1:30 |
| FTSE Spread | |
| Fixed | 0.9 |
| GBPUSD Spread< | |
| Av. Floating 0.6 pips | 1.3 |
| Oil Spread | |
| Fixed | 0.02 |
| Stocks Spread | |
| 0.1% | N/A |
| Forex | |
| InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from $1 making the broker accessible for beginners. You can also access market-leading forex analysis and insights. | 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 | |
| 1000+ | 80+ |
| GBPUSD Spread | |
| 0.6 | 1.3 |
| EURUSD Spread | |
| 0.2 | 1.3 |
| EURGBP Spread | |
| 0.5 | 1.5 |
| Currency Indices | |
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| InstaForex | Swissquote |
| All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
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