IC Markets vs Swissquote, for 2024
Read our In-Depth IC Markets vs Swissquote Review - 2024 Update
Our comprehensive analysis of IC Markets and Swissquote has been updated for 2024 by knowledgeable insiders boasting extensive expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Swissquote does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Swissquote Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Swissquote
All online trading platforms feature some advantages and disadvantages, and a complete review of IC Markets and Swissquote cannnot be regarded as thorough without adopting a fair assessment.
Examine Swissquote and IC Markets to understand just how these platforms compare to each before you create an account. Conducting a side-by-side comparison helps to put things in perspective in order that you're informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between IC Markets or Swissquote. Which one is best in 2024?
This IC Markets vs Swissquote comparison contains the most recent information so you can easily compare Swissquote against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll acquire adept at all of the concepts of broker since you keep trading. For starters, you have to choose the right agent who will be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and Swissquote are just two such companies which will take you along with your investment to great heights. It's crucial to compare IC Markets vs Swissquote before you trust them with your money.
Our IC Markets vs Swissquote comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Swissquote side by side.
Our full IC Markets vs Swissquote Review covers all you will need to know about trading with either IC Markets or Swissquote. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you select them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and Swissquote are both brokers that have paved their way successfully into the broker world. Within this review, we've attempted to collate a number of the vital facets of both IC Markets and Swissquote. This review can allow you to understand whether either Swissquote or IC Markets is a good fit for your investments or not. We have tried to breakdown all the qualities and charges for your advantage.
Benefits of IC Markets and Swissquote Compared
IC Markets has a minimum deposit of $200 while Swissquote has a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Swissquote compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets has around 232 financial instruments while Swissquote has around 232 on their platform.
The more instruments you can trade on the IC Markets and Swissquote platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of IC Markets or Swissquote.
IC Markets and Swissquote Contact Details
Being able to contact an online trading platform through many ways is vital. IC Markets and Swissquote have the following contact details and social medias that you can use.
|+248 467 19 76
|+41 44 825 88 88
|Level 4, 50 Carrington Street, Sydney NSW 2000
|Chemin de la Cr├®taux 33, Gland, Vaud 1196, Switzerland
|IC Markets Twitter Account
|Swissquote Twitter Account
|IC Markets Facebook Page
|Swissquote Facebook Page
|IC Markets Instagram Account
|Swissquote Instagram Account
|IC Markets LinkedIn Page
|Swissquote LinkedIn Page
|IC Markets YouTube Channel
|Swissquote YouTube Channel
|Find Out More
Swissquote and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of IC Markets and Swissquote we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs Swissquote - Awards
IC Markets have won several industry awards over the time they have been running as an online broker. We detail the most notable awards for IC Markets here.
Swissquote have won a lot of industry awards over the time they have been running as an online trading platform. We list the most recognised awards for Swissquote here.
|Find Out More
IC Markets vs Swissquote - Frequently Asked Questions
IC Markets vs Swissquote - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Swissquote was founded in 1999 and has its headquaters in Switzerland.
What is the minimum deposit for Swissquote or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Swissquote is $0.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and Swissquote are a good choice.
IC Markets vs Swissquote - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Swissquote is regulated by Financial Conduct Authority (FCA).
Both IC Markets and Swissquote have a powerful collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs Swissquote Commission And Fees
IC Markets and Swissquote are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker isn't necessarily affected by the number of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you are spending a spread, funding rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or Swissquote charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by IC Markets and Swissquote are relatively greater. Consequently, you are charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This IC Markets vs Swissquote review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Swissquote
What Languages Do IC Markets And Swissquote Support?
Being able to talk easily with your trading platform is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both IC Markets and Swissquote support.
How Many Clients Do IC Markets and Swissquote Have?
Both IC Markets and Swissquote are well known and trusted. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many users IC Markets and Swissquote are active on their platform
What Payment Methods Do IC Markets and Swissquote Accept?
IC Markets and Swissquote both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and Swissquote
What Can You Trade With IC Markets and Swissquote?
IC Markets offers 232 trading instruments whilst Swissquote offers 100.
Below you will find a full breakdown of what both IC Markets and Swissquote offer.
IC Markets Review
IC Markets vs Swissquote:
Table Of Contents
- Compare IC Markets vs Swissquote
- Benefits of IC Markets and Swissquote Compared
- Swissquote and IC Markets Mobile App Comparison
- IC Markets vs Swissquote - Awards
- IC Markets vs Swissquote - Frequently Asked Questions
- What is the minimum deposit for Swissquote or IC Markets
- IC Markets vs Swissquote - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Swissquote
- What Languages Do IC Markets And Swissquote Support?
- How Many Clients Do IC Markets and Swissquote Have?
- What Payment Methods Do IC Markets and Swissquote Accept?
- What Can You Trade With IC Markets and Swissquote?