Updated Jul 12 2022
Overview | |
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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 10 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. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1996 | 1974 |
💳 Minimum Deposit | |
Varies per account type and selected trading platform. From $0 up to $5,000. |
0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards. |
💰 Payment Methods | |
💵 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 | 6 - AUD, EUR, GBP, HKD, SGD, USD. |
🗽 Available to U.S Citizens | |
No | Yes (excluding CFDs) |
❌ Restricted Countries | |
US, JP, SY, IR. | SY, IR. |
📊 STP Account | |
Yes | No |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
60 Stock Exchanges | 10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks |
📘 Currency Pairs | |
80+ | 210 |
📗 Commodities | |
12 CFDs | 37 |
📕 Indices | |
26 CFDs | 76 |
📔 ETFs | |
1400 + | 2,000 + both CFDs and real ETFs |
💸 Cryptocurrencies | |
12 CFDs | 15 |
📒 Bonds | |
54,000 + / 3 CFDs | 19 |
📓 Options | |
6 Exchanges | Availability only for select countries. |
📗 Futures | |
6 Exchanges | Several contracts in commodities and indices with various expiration dates. |
📝 Notes: | |
N/A | IG provides both CFD trading and real equity. US traders cannot trade CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
From $50 | 1 Share |
📉 Minimum ETFs Trade Size | |
From $50 | 1 ETF |
📈 Minimum Crypto Trade Size | |
$1,000 (0.01 Lots) | 0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | 1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units) |
📈 Minimum Commodities Trade Size | |
From $50 | 1 Contract |
📉 Minimum Bonds Trade Size | |
From $50 | 1 Contract |
📈 Minimum Futures Trade Size | |
From $50 | 1 Contract |
📉 Minimum Options Trade Size | |
From $50 | Varies per option (usually 1 contract) |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
Yes | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | Yes |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
No | After 24 months of inactivity, IG charges an $18 monthly fee. |
💰 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. |
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. |
Spreads |
📈 EUR/USD | |
From 0 Pips to 1.3 Pips | Dynamic - From 0.9 Pips |
📉 SP500 | |
Dynamic - From 60 Pips | Dynamic - From 150 Pips |
📈 GOLD | |
N/A | Dynamic - From 50 Pips |
📉 TSLA (Stock CFD) | |
N/A | Dynamic - From $1.03 |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - From 0 Pips |
📉 BTC | |
N/A | Dynamic - From $140 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
Yes | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | Yes |