Company

Spread

for EUR/USD

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details

IG

Offers four ways to trade: Forex, Spread Betting, CFD, Stock trading and Binary options

 Offers over 15,000 global markets
IG
See Details Try a Demo
Your capital is at risk
£200Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
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  • Fixed
  • Variable

See Spreads
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  • Market Maker
  • DMA
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Trust Score:

AAA

Used by:

152,600

Established in:

1974

Regulated by:

Financial Conduct Authority an...

Plus500

Offers two ways to trade: CFDs, Forex

Plus500
See Details Try a Demo
Your capital is at risk
£100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
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Trust Score:

B

Used by:

155,000

Established in:

2008

Regulated by:

Financial Conduct Authority (F...

See DetailsTry a Demo
Your capital is at risk

eToro

Offers two ways to trade: CFD trading, and social trading

eToro
See Details Try a Demo
Your capital is at risk
$50Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • Live chat
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Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
Trust Score:

AAA

Used by:

6,000,000

Established in:

2006

Regulated by:

Financial Conduct Authority, C...

See DetailsTry a Demo
Your capital is at risk

AvaTrade

Offers four ways to trade: Forex, Spread betting, CFD trading, and options trading

AvaTrade
Your capital is at risk
€/£/$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

London Capital Group

Offers one way to trade: Forex

London Capital Group
Your capital is at risk
$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • Live chat
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Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

ETX Capital

Offers three ways to trade: Forex, Spread betting, CFD and Binary options

ETX Capital
Your capital is at risk
$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

Core Spreads

Offers one way to trade: Forex

Core Spreads
Your capital is at risk
£1Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

Finspreads

Offers one way to trade: Forex

Finspreads
Your capital is at risk
£50Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

City Index

Offers three ways to trade: Forex, CFDs, Spread Betting

City Index
Your capital is at risk
£25Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

XTB

Offers one way to trade: Forex

XTB
Your capital is at risk
$1Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk
CFDs are leveraged products and can result in the loss of your capital. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Switzerland

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose IG
For Switzerland?

IG scored best in our review of the top brokers for switzerland, which takes into account 120+ factors across eight categories. Here are some areas where IG scored highly in:

  • 43+ years in business
  • Offers + instruments
  • A range of platform inc. MT4, Web Trader, L2 Dealer, Binary, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.6 pips
  • Used by 152,600+ traders
  • Allows hedging
  • 1 languages
  • Leverage up to 1:200

IG offers four ways to trade: Forex, Spread Betting, CFD, Stock trading and Binary options. If you wanted to trade EURUSD through copy trading or other means, skip to part two.

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

IG have a AAA trust score, which is v. good. This is largely down to them being regulated by Financial Conduct Authority and ASiC, segregating client funds, being established for over 43 years, and much more. For comparison:

Trust Score comparsion

IG Plus500 eToro
Trust Score AAA B AAA
Year Established 1974 2008 2006
Regulated by Financial Conduct Authority and ASiC Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14) Financial Conduct Authority, CySEC
Uses tier 1 banks
Company Type Public Public Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We've compared these in detail in part three of this guide.

Part 2

Who IG is (& Isn’t)
Suitable For

As mentioned, IG allows you to trade in four ways: Forex, Spread Betting, CFD, Stock trading and Binary options.

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading

Not Suitable for:

To trade with IG, you'll need a minimum deposit of $1. IG offers a range of different account types for different traders including a mini account, .

IG is also suitable for traders looking to trade with an ECN broker. ECN trading allows the trader to get access to the actual pricing of instruments as set by the banks and liquidity providers, rather than relying on the broker to set the price. To open an ECN account with IG you will need a minimum deposit of $50000.

Finally, IG isn't available in the following countries: US, USA, Belgium, France, India, Israel, Poland, Zimbabwe. They do not offer islamic accounts either.

Part 3

A Comparison of IG vs. Plus500 vs. eToro


Want to see how IG stacks up against Plus500 and eToro? We've compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
IG Plus500 eToro
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.6 0.01% 3.0
GBP/USD Spread 0.9 0.01% 4.0
USD/CAD Spread 1.70.02%3.0
USD/JPY Spread 0.70.02%2.0
DAX Spread 1.0 0.01% 100.0
FTSE 100 Spread 1.0 0.02% 100.0
S&P500 Spread N/A 0.02% 100.0

Comparison of account & trading features

IG Plus500 eToro
Spread type Fixed B AAA
EUR/USD Spread 1974 2008 2006
EUR/GBP Spread Financial Conduct Authority and ASiC Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14) Financial Conduct Authority, CySEC
Crude Oil Spread
Gold Spread Public Public Private
DAX Spread

Part 4

IG

www.ig.com/en-ch

IG are one of the world’s number one brokers for trading in CFDs and other derivative instruments, for a variety of underlying assets including indices, Forex, shares and commodities. The organisation have been in existence for over 40 years and offer over 15,000 markets, serving around 185,000 clients. The broker allows trading in modern asset classes such as cryptocurrencies and Digital100s. Markets that are popular with Swiss clients and available on the IG platforms include Credit Suisse Group AG (CH), Switzerland Blue Chip and Germany 30.

The company is authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA), which is a Swiss government body responsible for financial regulation. The advantage of IG being registered as a Swiss bank in Geneva is that clients from Switzerland can benefit from confidentiality protection, as required by Swiss law. Swiss traders also have their deposits protected up to 100,000 CHF, under the Swiss Depositor Protection Scheme.

IG provides for trading on the go with native mobile and tablet apps, which are customisable based on user preference. The platforms provide the functionality for connecting terminals via APIs with ease. A free demo account, including 20,000 CHF worth of virtual currency, is available; and a base currency of CHF can also be used in the live environment.

The website and the apps are available in German, which is a widely spoken language in Switzerland. Useful content such as market information, educational tools, and live webinars are available in the German language from the website and trading platform. The company also provides a 24 hour dedicated helpline number.

Plus500

www.plus500.ch

Plus500 offer one of the leading platforms for trading contracts for difference (CFDs). Underlying instruments such as FX, commodities, shares, ETFs, indices and options are all available to be traded through the platform.

The Plus500 trading platform is provided in Switzerland by the Plus500CY Ltd subsidiary, based in Cyprus. As such, the company are authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), to offer CFDs for a variety of underlying assets. Plus500CY Ltd. holds client funds on a segregated basis as per the Cyprus Securities and Exchange Commission’s client money rules. Plus500 Ltd. is also listed on the AIM section of the London Stock Exchange, demonstrating its strength.

The company offers leverage of up to 1:300, with tight spreads and fast, and reliable trade execution without commission. Their trading tools are built on advanced technologies that provide features like Stop Limit / Stop Loss / Trailing Stop, free notifications and negative balance protection. The Plus500 trading platform is available as a web trader or as a downloadable app for multiple devices in 32 languages including German and French. Plus500’s popularity is further cemented by its sponsorship of Club Atletico de Madrid, who were the 2016 Champions League finalists and 2013-2014 “La Liga” champions. The company supports its customers through an online chat channel 24/7.

eToro

www.etoro.com/de/

eToro is a global marketplace for trading in CFD stocks, currencies, commodities and indices in a transparent and user-friendly manner. The company provides services to a global client base of 4.5 million in more than 170 countries worldwide, and thousands of new accounts are added each day. With its innovative trading platform, the company is one of the first to venture into “Social Trading” – a recent evolution in online trading where clients can share knowledge on social platforms for their mutual benefit. This adds a “social” element to trading, and was the first of its kind in the financial world. eToro also provide a trading academy, which includes education centres, webinars, and e-courses.

eToro’s brokerage services are provided by eToro (Europe) Ltd, a registered Cyprus Investment Firm (CIF). Regulated and authorised by the Cyprus Securities & Exchange Commission (CySEC), eToro UK also operate in compliance with EEA-wide Markets in Financial Instrument Directive (MiFID).

The company provides simple, easy to use and fast trading platforms compatible with multiple devices. They also offer a large social trading network spread across multiple jurisdictions. Their tools have an emphasis on responsible trading, with features such as preset leverage settings which help customers to keep track of their risks. The website is available in German as well as in French, which are two widely spoken languages in Switzerland. They also provide 24/5 support through their call centres.

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