IC Markets vs Swissquote, 2022 Update
Read our In-Depth IC Markets vs Swissquote Review - 2022 Update
This IC Markets vs Swissquote review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs Swissquote review 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.
So you are looking for a reputable broker and are choosing between IC Markets or Swissquote. Who is better in 2022?
Our IC Markets vs Swissquote review contains the latest information so you can easily compare Swissquote against IC Markets.
If you are 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 thorough understanding. You will get adept at all the concepts of brokerage since you continue trading. For starters, you have to select the right agent who will be transparent with you always.
In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and Swissquote are just two such stages that will take you along with your investment to great heights. It is important that you 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 need to know about trading with either IC Markets or Swissquote. A good broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to ensure profits; therefore, you should carefully analyze your broker before you choose them. It is a common misconception that all agents will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Swissquote are both brokers that have found their way successfully into the brokerage world. In this review, we have attempted to collate some of the vital aspects of both IC Markets and Swissquote. This review can allow you to understand whether either Swissquote or IC Markets is a fantastic match for your own investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Compare IC Markets vs Swissquote
Every online trading platform has a few ups and downs, and no IC Markets and Swissquote review would be complete without having a balanced approach. Compare IC Markets and Swissquote to understand how they line up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and Swissquote Compared
IC Markets has a minimum deposit of $200 while Swissquote offers 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 whilst Swissquote allows you to trade around 232 on their platform.
The more financial 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 seriously do not 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 your broker simply is important. IC Markets and Swissquote have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76||+41 44 825 88 88|
|Address||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|
|YouTube||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.
This part of comparing IC Markets and Swissquote will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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 many industry awards over the years they have been operating as a financial broker. We show the most recognised awards for IC Markets below.
Swissquote have won a lot of industry awards over the years they have been running as a financial broker. We list the most notable awards for Swissquote below.
|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 head office 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 needs, 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 option.
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 information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is never to 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 most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this objective.
The first sort of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In these instances, you are spending a spread, financing speed, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither IC Markets or Swissquote charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by IC Markets and Swissquote are comparatively higher. As a result, you are charged more for non-trading activities in your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This IC Markets vs Swissquote review for 2022 breaks down each of the relevant 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 communicate easily with your trading broker is a key part of comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you can 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 a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients 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.
Compare IC Markets To All Other Brokers
Compare Swissquote To All Other Brokers
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?