IC Markets
Swissquote
Our Rating
93
29
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
70-80% of retail CFD accounts lose money

Regulations and Licenses

Feature
IC Markets
Swissquote
ASIC (Australia)
FCA (UK)
MAS (Singapore)
FINMA (Switzerland)
CYSEC (Cyprus)
DFSA (Dubai)
FSA (Seychelles)

Brokerage

Feature
IC Markets
Swissquote
EUR/USD Avg. Raw Spread
0.02
1.7
GBP/USD Avg. Raw Spread
0.23
1.6
AUD/USD Avg. Raw Spread
0.03
1.7
EUR/USD Standard Spread
0.82
1.7
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.03
2
AUD/USD Avg. Standard Spread
0.83
1.6
Commissions (USD Base)
$3.50
2
Minimum Deposit
$200
$1000
Swap Free Account
No Inactivity Fees
Funding Methods
15+
3+
No Funding Fees

Markets and Instruments

Feature
IC Markets
Swissquote
Currency Pairs
61
80
Cryptocurrency CFDs*
23
-
Index CFDs
25
10
Share CFDs
2100+
15
Commodities CFD
26+
10
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
400:1
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
400:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (Europe)
500:1
-
Retail Max. Leverage (UAE)
-
Major Pairs 100:1
Pro. Max. Leverage (UAE)
-
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
IC Markets
Swissquote
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
Swissquote
Our Rating
93
29
 

Our comprehensive comparison covers the 10 most crucial trading factors to help you make an informed choice between IC Markets and Swissquote. Here are the top five differences:

  • IC Markets offers tighter spreads than Swissquote, making it more cost-effective for traders.
  • IC Markets has a more diverse range of CFD instruments.
  • IC Markets is significantly more popular, receiving far more website visits.
  • Swissquote requires higher minimum deposits for its accounts.
  • Swissquote is regulated by four top-tier authorities, offering a higher level of trustworthiness.