Head-to-head comparison

IC Markets vs Swissquote

A side-by-side look at IC Markets and Swissquote — score, fees, platforms and who each one actually fits best.

IC Markets

Top global candidate
4.8

Active partner program; confirm the available legal entity and trading conditions for your country.

Swissquote

Swiss-regulated, premium banking
4.3

Licensed Swiss bank, listed on the SIX exchange (SWX: SQN) — premium positioning with real Swiss banking security.

Quick verdict

IC Markets scores higher overall (4.8 vs 4.3), but a higher score doesn't automatically mean it's the right pick for you.

IC Markets is the stronger fit for low-spread trading, scalping, MT4/MT5/cTrader workflows, while Swissquote is built more around traders who value Swiss banking regulation and reputation.

Regulation: IC Markets — ASIC (335692), CySEC (362/18), FSA Seychelles (SD018) - operating since 2007. Swissquote — FINMA (Switzerland), FCA (UK).

Minimum deposit: IC Markets — Commonly from $200, depending on entity. Swissquote — $1,000, varies by account.

Side by side

IC MarketsSwissquote
Best forLow-spread trading, scalping, MT4/MT5/cTrader workflowsTraders who value Swiss banking regulation and reputation
PlatformsMT4, MT5, cTrader, TradingViewAdvanced Trader, MT4/MT5
RegulationASIC (335692), CySEC (362/18), FSA Seychelles (SD018) - operating since 2007FINMA (Switzerland), FCA (UK)
Minimum depositCommonly from $200, depending on entity$1,000, varies by account

IC Markets strengths

  • Raw spread model
  • Deep platform choice
  • Strong partner program

Swissquote strengths

  • Licensed Swiss bank
  • Publicly listed (SIX exchange)
  • Strong reputation/security

Which one should you pick?

Pick IC Markets if you're mainly after low-spread trading, scalping, MT4/MT5/cTrader workflows. It stands out for raw spread model and deep platform choice.

Pick Swissquote if you're mainly after traders who value Swiss banking regulation and reputation. It stands out for licensed Swiss bank and publicly listed (SIX exchange).

Common questions

IC Markets vs Swissquote FAQ

Is IC Markets better than Swissquote?

IC Markets scores higher in our rating (4.8 vs 4.3), but Swissquote may still be the better fit if you specifically need traders who value Swiss banking regulation and reputation.

What's the difference in regulation between IC Markets and Swissquote?

IC Markets: ASIC (335692), CySEC (362/18), FSA Seychelles (SD018) - operating since 2007. Swissquote: FINMA (Switzerland), FCA (UK).

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