Swissquote
Visit

74-89% of retail CFD accounts lose money.

Vs.

IC Markets
Visit

76.27% of retail CFD accounts lose money.

Swissquote Vs. IC Markets - Compare and Choose the Right One

Updated Jul 12 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

76.27% of retail CFD accounts lose money.

Overview

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.

Best For
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
  • Professional traders looking for Interbank rates
  • High volume traders that will save great amounts of costs with their low spreads and commissions
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

4

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (Seychelles)
The Good
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
  • Customisable leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety
The Bad
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
  • Avaliable assets are limited (Also No ETFs)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
1996 2007
💳 Minimum Deposit

Varies per account type and selected trading platform. From $0 up to $5,000.

$200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Bitcoin
  • Sofort
  • Paypal
  • Neteller
  • Skrill
💵 Account Base Currencies
21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR 10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, SY, IR. US, CA, IL.
📊 STP Account
Yes Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes Yes
Assets
📚 Available Assets
  • Real stocks, ETFs and options
  • CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

📙 Stocks
60 Stock Exchanges 1,600 +
📘 Currency Pairs
80+ 61
📗 Commodities
12 CFDs 22
📕 Indices
26 CFDs 25
📔 ETFs
1400 + N/A
💸 Cryptocurrencies
12 CFDs 18
📒 Bonds
54,000 + / 3 CFDs 11
📓 Options
6 Exchanges N/A
📗 Futures
6 Exchanges 4
📝 Notes:
N/A All ICMarkets assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
From $50 Varies by Stock
📉 Minimum ETFs Trade Size
From $50 N/A
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
From $50 Varies by Commodity (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
From $50 Varies by Bond
📈 Minimum Futures Trade Size
From $50 Varies by Future
📉 Minimum Options Trade Size
From $50 N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees
$10 per withdrawal No
💰 Commissions

For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.

Spreads
📈 EUR/USD
From 0 Pips to 1.3 Pips Dynamic - From 0 to 0.6 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 20 to 45 Pips
📈 GOLD
N/A Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
N/A Dynamic - From $8.7 to $42
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No

By using TheTradingBible.com's website you agree to the use of cookies.