eToro vs Swissquote: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeeToroSwissquote
Licence Score74Strong92Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record47
1 FCA United Kingdom Licensed · FRN 583263Licensed
1 ASIC Australia Licensed—
1 MAS Singapore —Licensed
1 FINMA Switzerland —Licensed
1 SFC Hong Kong —Licensed
2 CySEC Cyprus Licensed—
2 DFSA United Arab Emirates —Licensed
2 MFSA Malta —Licensed
2 CSSF Luxembourg —Licensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20071996
HeadquartersIsraelSwitzerland
TypeMulti-asset brokerTrading bank
Publicly listedNASDAQ:ETORSIX:SQN
PlatformsProprietaryMT4, MT5, Proprietary
Minimum depositUS$50US$1,000
VisitVisit siteVisit site

Frequently asked questions

Is eToro or Swissquote better regulated?

Swissquote has the higher Licence Score (92 vs 74), based on the number and tier of licences, operating history and public listing.

Which regulators license both eToro and Swissquote?

Both are matched to licences from FCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.