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%
Basic information
| Basic information |  IC Markets |  Swissquote |
|---|---|---|
| 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.
72.52% of retail investor accounts lose money when trading CFDs with this provider.
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
Comprehensive Comparison: IC Markets vs Swissquote
IC Markets Swissquote Investments
75 % 88 %| Investments | IC Markets | Swissquote |
|---|---|---|
| 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 |
Cost
80 % 80 %| Cost | IC Markets | Swissquote |
|---|---|---|
| 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 |
Trading app
43 % 43 %| Trading app | IC Markets | Swissquote |
|---|---|---|
| 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 |
Trading Tools
100 % 100 %| Trading Tools | IC Markets | Swissquote |
|---|---|---|
| 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 |
Research
100 % 33 %| Research | IC Markets | Swissquote |
|---|---|---|
| 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 |
Education
100 % 100 %| Education | IC Markets | Swissquote |
|---|---|---|
| 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 |
Forex
100 % 100 %| Forex | IC Markets | Swissquote |
|---|---|---|
| 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 |
Commodities
91 % 27 %| Commodities | IC Markets | Swissquote |
|---|---|---|
| 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 |
Indicies
100 % 100 %| Indicies | IC Markets | Swissquote |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
50 % 30 %| Cryptocurrencies | IC Markets | Swissquote |
|---|---|---|
| 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 |
Regulations
50 % 33 %| Regulations | IC Markets | Swissquote |
|---|---|---|
| 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 |
Support
100 % 100 %| Support | IC Markets | Swissquote |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
60 % 47 %| Overall | IC Markets | Swissquote |
|---|
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