IC Markets vs. Swissquote

Comparison: IC Markets vs. Swissquote – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.

Winner of this comparison: IC Markets with an overall rating of 60%

IC Markets vs. Swissquote
IC Markets
Swissquote

Basic information

Deposit
200 EUR/USD
1000 EUR/USD
Spreads
0.5 EUR/USD
3 EUR/USD
Established
2007
1996
Currency Pairs (Total Forex pairs)
90
78
Country
UK
Switzerland, UK
Regulation
FCA (UK), ASIC (Australia), Cysec
FCA (UK), Cysec
Trading app
MetaTrader 4 (MT4), cTrader, MetaTrader 5 (MT5)
MetaTrader 4 (MT4), Web Platform, MetaTrader 5 (MT5)
Number of CFD asset classes
6
7
Broker type
MM
MM
Support
Phone, Mail, Chat
Phone, Mail, Chat
Funding methods
* Some of the payment methods may not be available in your country. Skrill, Qiwi, FasaPay, PayPal, Poli, Visa/Mastercard, Bank Wire
* Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire
Real Stocks and ETFs
Yes
Yes

*The value is indicative from the broker's website. The spread amount is variable.

Comparison Result

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.
60%
IC Markets
47%
Swissquote

Key Strengths

IC Markets
  • Competitive spreads and low commissions: Low variable spreads, from 0 pips.
  • Wide range of trading instruments: Trading with over 2250 instruments.
  • Support for all trading methods: Scalping, HFT, and automated trading.
Swissquote
  • Long-term existence and credibility: Swissquote was founded in 1996 and is publicly traded on the SIX exchange. It is regulated in five Tier-1 jurisdictions.
  • Multi-asset offering: Swissquote allows trading with over 3 million financial products, including stocks, options, futures, ETFs, and structured products.
  • Choice of trading platforms: The broker offers access to the MetaTrader platform, including additional add-ons such as MetaTrader Master Edition. Additionally, it has its own CFXD platform with TradingView charts.

Comparison by Categories

  1. Investments 75 88
  2. Cost 80 80
  3. Trading app 43 43
  4. Trading Tools 100 100
  5. Research 100 33
  6. Education 100 100
  7. Forex 100 100
  8. Commodities 91 27
  9. Indicies 100 100
  10. Cryptocurrencies 50 30
  11. Regulations 50 33
  12. Support 100 100
  13. Overall 60 47

Comprehensive Comparison: IC Markets vs Swissquote

IC Markets
Swissquote

Investments

75 % 88 %
Currency Pairs (Total Forex pairs)
90
78
CFDs – Total Offered
300+
150+
Options CFD
No
Yes
Share CFDs
Yes
Yes
Forex CFD
Yes
Yes
Commodities CFD
Yes
Yes
ETF CFD
Yes
Yes
Indicies CFD
Yes
Yes
Cryptocurrency traded as actual
No
Yes
Cryptocurrency traded as CFD
Yes
No
Winner
No
No

Cost

80 % 80 %
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable.
0.5
3
Deposit from
200
1000
Account fee
No
No
Inactivity fee
Yes
Yes
Active Trader or VIP Discounts
No
No
Withdrawal fees
No
No
Deposit fees
No
No
Winner
No
No

Trading app

43 % 43 %
Desktop Platform (Windows)
No
No
Web Platform
No
Yes
Social Trading / Copy-Trading
No
No
MetaTrader 4 (MT4)
Yes
Yes
MetaTrader 5 (MT5)
Yes
Yes
Currenex
No
No
cTrader
Yes
No
Winner
No
No

Trading Tools

100 % 100 %
Financial leverage
Yes
Yes
Virtual Trading (Demo)
Yes
Yes
Alerts – Basic Fields
Yes
Yes
Charting – Indicators / Studies (Total)
Yes
Yes
Charting – Drawing Tools (Total)
Yes
Yes
Charting – Trade From Chart
Yes
Yes
Stop-Loss
Yes
Yes
Finacial Calendar
Yes
Yes
Daily financial news
Yes
Yes
Order Type – Trailing Stop
Yes
Yes
Winner
No
No

Research

100 % 33 %
Daily Market Commentary
Yes
Yes
Forex News (Top-Tier Sources)
Yes
Yes
Weekly Webinars
Yes
No
Social Sentiment – Currency Pairs
Yes
No
Economic Calendar
Yes
No
Research
Yes
No
Winner
No
No

Education

100 % 100 %
Has Education – Forex
Yes
Yes
Has Education – CFDs
Yes
Yes
Client Webinars
Yes
Yes
Videos – Advanced Trading Videos
Yes
Yes
Investor Dictionary (Glossary)
Yes
Yes
Education
Yes
Yes
Winner
No
No

Forex

100 % 100 %
GBP/USD
Yes
Yes
USD/JPY
Yes
Yes
EUR/USD
Yes
Yes
USD/CHF
Yes
Yes
USD/CAD
Yes
Yes
NZD/USD
Yes
Yes
AUD/USD
Yes
Yes
Winner
No
No

Commodities

91 % 27 %
Gold
No
Yes
Silver
Yes
Yes
WIT Oil
Yes
Yes
Brent Oil
Yes
No
Coffee
Yes
No
Cocoa
Yes
No
Soybeans
Yes
No
Rice
Yes
No
Corn
Yes
No
Platinum
Yes
No
Palladium
Yes
No
Winner
No
No

Indicies

100 % 100 %
DAX 40
Yes
Yes
S&P 500
Yes
Yes
Nasdaq
Yes
Yes
Dow Jones
Yes
Yes
Nikkei
Yes
Yes
Winner
No
No

Cryptocurrencies

50 % 30 %
Bitcoin
Yes
Yes
Litecoin
Yes
Yes
Ethereum
Yes
Yes
Ripple
Yes
No
Neo
No
No
Stellar
No
No
Cardano
No
No
Tron
No
No
Monero
No
No
EOS
Yes
No
Winner
No
No

Regulations

50 % 33 %
Cysec
Yes
Yes
ASIC (Australia)
Yes
No
FCA (UK)
Yes
Yes
Authorised in the European Union (EU)
No
No
CFTC Registered (USA)
No
No
FINMA (Switzerland)
No
No
Winner
No
No

Support

100 % 100 %
Chat
Yes
Yes
Phone
Yes
Yes
Mail
Yes
Yes
Winner
No
No

Overall

60 % 47 %
Winner
No
No

Our Recommendations

Best for Swissquote

Thanks to comprehensive educational materials and a user-friendly platform, Swissquote is an ideal choice for new traders.

Best Platform

Both brokers offer excellent trading platforms with similar features and user-friendliness.

Lowest Costs

Both brokers have comparable fee structures and spreads.

IC Markets Swissquote