Swissquote Vs. IG - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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

IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

• Traditional equity investors looking for a broad range of markets
• Experienced traders looking to benefit from their amazing research tools

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• FCA (UK)
• ADGM (United Arab Emirates)
• FINMA (Switzerland)
• MFSA (Malta)
• HKMA (Hong Kong)

• ASIC (Australia)
• FMA (New Zealand)
• NFA (United States)
• DFSA (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• FSCA (South Africa)
• BMA (Bermuda)

• 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

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Their proprietary platform lacks many features and is not user friendly
• Their commissions are extremely high
• Overall everything feels complicated to use

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

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• 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.

• Visa
• Mastercard
• Bank Transfer

• Visa
• Mastercard
• Bank Transfer
• Paypal

US, JP, SY, IR.

SY, IR.

After 24 months of inactivity, IG charges an $18 monthly fee.

$10 per withdrawal.

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.

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.