IG
Swissquote
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Overview
IG was founded in 1974 and is headquartered in UK, while Swissquote was established in 1999 and is based in Switzerland. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IG serves 178,500+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $200 at IG and $0 at Swissquote.
| Feature | IG | Swissquote |
|---|---|---|
| Min. Deposit | $200 | $0 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA) |
| Founded | 1974 | 1999 |
| Country | UK | Switzerland |
| Clients | 178,500+ | 300,000+ |
Fees
Fees are a critical factor when choosing between IG and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $200 at IG). Neither broker charges withdrawal fees. Overall, Swissquote scores higher on fees in our assessment.
| Feature | IG | Swissquote |
|---|---|---|
| Min. Deposit | $200 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IG offers MT4, MT5, cTrader, while Swissquote supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. IG edges ahead on platform breadth and functionality in our scoring.
| Feature | IG | Swissquote |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IG and Swissquote compare. IG runs regular live webinars; Swissquote does not. Both provide video tutorials. IG publishes daily market commentary; Swissquote does not. Both integrate third-party research tools. IG maintains an archive of past webinars for on-demand viewing. IG scores higher overall in education and research.
| Feature | IG | Swissquote |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IG accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Swissquote supports 2 (bank transfer, credit/debit card). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.
| Feature | IG | Swissquote |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both IG and Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and Swissquote supports 8, giving Swissquote broader global reach. Both brokers are comparable on support quality.
| Feature | IG | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |