IC Markets vs Swissquote
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.6
4.5
12 pts
Head to head
Winners by category
Full comparison table
Rating
IC Markets
4.6
Swissquote
4.5
Model score
IC Markets
92
Swissquote
80
Regulation
IC Markets
ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)
Swissquote
Supervised under stringent Tier-1 banking regulations. Key regulators include the Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA, UK), Dubai Financial Services Authority (DFSA), Monetary Authority of Singapore (MAS), and Securities and Futures Commission (SFC, Hong Kong).
Spreads
IC Markets
Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs.
Swissquote
Provides reliable, bank-grade liquidity aggregation without dealing-desk intervention. Pricing is structured around fixed or floating spread models depending on the account tier, with rapid execution and high fill rates.
Fees
IC Markets
Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k.
Swissquote
Spreads and commissions are tiered by deposit size (Premium, Prime, and Elite). Premium accounts trade on spread markups starting at 1.4 pips for EUR/USD, while Prime accounts (from $5,000) drop to 1.1 pips. Custody and maintenance fees apply for certain physical equity and banking holdings.
Platforms
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader
Swissquote
Proprietary Advanced Trader (desktop, web, and mobile), MetaTrader 4 (MT4), MetaTrader 5 (MT5), and FIX API integration for quantitative funds and high-frequency trading.
Account types
IC Markets
Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo
Swissquote
Retail forex accounts include Premium (min. $1,000), Prime (min. $5,000), and Elite (min. $50,000). Also offers multi-asset Swiss banking accounts, corporate accounts, and institutional partner structures.
Min deposit
IC Markets
$0 (Recommended starting deposit: $200)
Swissquote
$1,000 (or CHF 1,000 / €1,000) for the entry-level Premium forex account.
| Topic | IC Markets | Swissquote |
|---|---|---|
| Rating | 4.6 | 4.5 |
| Model score | 92 | 80 |
| Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas) | Supervised under stringent Tier-1 banking regulations. Key regulators include the Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA, UK), Dubai Financial Services Authority (DFSA), Monetary Authority of Singapore (MAS), and Securities and Futures Commission (SFC, Hong Kong). |
| Spreads | Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs. | Provides reliable, bank-grade liquidity aggregation without dealing-desk intervention. Pricing is structured around fixed or floating spread models depending on the account tier, with rapid execution and high fill rates. |
| Fees | Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k. | Spreads and commissions are tiered by deposit size (Premium, Prime, and Elite). Premium accounts trade on spread markups starting at 1.4 pips for EUR/USD, while Prime accounts (from $5,000) drop to 1.1 pips. Custody and maintenance fees apply for certain physical equity and banking holdings. |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader | Proprietary Advanced Trader (desktop, web, and mobile), MetaTrader 4 (MT4), MetaTrader 5 (MT5), and FIX API integration for quantitative funds and high-frequency trading. |
| Account types | Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo | Retail forex accounts include Premium (min. $1,000), Prime (min. $5,000), and Elite (min. $50,000). Also offers multi-asset Swiss banking accounts, corporate accounts, and institutional partner structures. |
| Min deposit | $0 (Recommended starting deposit: $200) | $1,000 (or CHF 1,000 / €1,000) for the entry-level Premium forex account. |