Compare IC Markets vs Swissquote

Winner of the comparison

In terms of overall rating, both brokers are equal – both have 60%. IC Markets requires a minimum deposit of 200 EUR/USD, while Swissquote sets it at 1000 EUR/USD. Thanks to the lower deposit, IC Markets is more welcoming to traders with smaller budgets. For IC Markets, the spread is 0.5 EUR/USD, while for Swissquote it is 3 EUR/USD. Tighter spreads make IC Markets a more advantageous choice. IC Markets offers 90 forex pairs, while Swissquote provides 78. A wider selection gives IC Markets the advantage. IC Markets was founded in 2007, while Swissquote has been operating since 1996. The older Swissquote has the upper hand in this regard. This advantage goes to Swissquote, while IC Markets lacks it. IC Markets is overseen by 3 regulatory bodies, while Swissquote has 2. More regulations at IC Markets enhance its trustworthiness. IC Markets supports 3 platforms, while Swissquote offers 3. In terms of platform count, both are on the same level.