IGvs
SwissquoteForex Broker Comparison
IG and Swissquote clash on credibility, breadth of markets, and platform power. The axis of tension centers on regulation, cost, and trading tools.
Our Verdict
IG winsClear Winner
IG edges Swissquote on editorial credibility and market breadth, earning the higher editorial score of 4.8 vs 4.2. Swissquote remains strong on regulation but trails in markets and cost transparency.
IG
4.8/5
Swissquote
4.2/5
Key Differences
- 1IG offers 19,000+ markets, far more than Swissquote's 400.
- 2IG provides 24/5 live chat support; Swissquote lacks this.
- 3IG offers UK spread betting; Swissquote doesn't.
Who should choose IG vs Swissquote?
Find out which broker best suits your trader profile.
Choose IG if…
Choose IG if you want top-tier regulation and the widest market access.
Choose Swissquote if…
Choose Swissquote if you value FINMA oversight and bank-level fund security.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
IG offers tighter spreads from 0.60 pips vs 1.70 pips for Swissquote, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
IG vs Swissquote: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 5.0 / 5▲ | 4.5 / 5 |
IG vs Swissquote Forex Broker Pros & Cons
Pros
LSE-listed with FCA and ASIC regulation, among the most credible regulatory stacks in retail CFDs
19,000+ markets including weekend crypto, volatility indices, and EM pairs, real breadth, not a padded count
Proprietary platform with ProRealTime charts, Reuters news, and DMA equity routing built in
Spread betting available for UK clients, tax-free gains on the same account used for CFD trading
No minimum deposit and no deposit or withdrawal fee on standard methods
IG vs Swissquote: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
IG
criteria win
0
Swissquote
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | IG | Swissquote |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
IG vs Swissquote: Frequently Asked Questions
IG rates 4.8/5 versus 4.2/5 for Swissquote. IG edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
IG starts from 0.6 pips, tighter than Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
IG has no minimum deposit, while Swissquote requires at least $1120. This makes IG more accessible for traders with limited starting capital.
Both IG and Swissquote hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: IG has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IG lists maximum leverage of 30:1, while Swissquote lists up to 100:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. IG has exclusive access to ProRealTime and TradingView. Swissquote has exclusive access to MetaTrader 5.
