IG vs Swissquote

Can't decide between IG and Swissquote? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.

Last updated: May 27, 2026

Executive Summary

IG and Swissquote are both well-established forex brokers, but they serve different types of traders. IG scores 99/100 in our TrustMetrics™ system, edging ahead of Swissquote's 95/100.

On pricing, IG offers tighter EUR/USD spreads (0.7 pips vs 1.3 pips). IG supports IG Platform, MT4, ProRealTime, L2 Dealer while Swissquote offers Advanced Trader, MT4, MT5, giving IG an edge in platform diversity.

For regulation, IG holds licenses from FCA, ASIC, CFTC, MAS while Swissquote is regulated by FINMA, FCA, SFC, DFSA. Both brokers offer segregated client funds and are considered safe for retail trading.

IG

Trust Score: 99

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Swissquote

Trust Score: 95

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The Verdicts

Most Trusted

IG scores higher in our TrustMetrics system (99/100) compared to Swissquote (95/100), making it the safer choice.

Lowest Spreads

IG offers better pricing with an average EUR/USD spread of 0.7 pips, beating the 1.3 pip average of its competitor.

Best for Beginners

With a lower minimum deposit requirement of $250, IG is the more accessible option for new traders.

Detailed Comparison

Feature	IG	Swissquote
Trust Score	99/100	95/100
Spreads From	0.6 pips	1.1 pips
Avg EUR/USD Spread	0.7 pips	1.3 pips
Commission	$0	$0 (spread only) / $2.50/lot on Elite
Execution Speed	22ms	< 35ms
Max Leverage	1:200	1:100
Minimum Deposit	$250	$1000
Instruments	17,000+	400,000+
Account Types	CFD, Spread Betting, DMA	Premium, Prime, Elite
Platforms	IG Platform, MT4, ProRealTime, L2 Dealer	Advanced Trader, MT4, MT5
Top Regulators	FCA, ASIC, CFTC, MAS	FINMA, FCA, SFC, DFSA
Withdrawal Speed	1-3 business days	1-3 business days
Inactivity Fee	$18 per month (after 24 months)	$10/month after 24 months
Customer Support	24/5 Live Chat, Email, Phone	24/5 Live Chat, Email, Phone

Which Broker Should You Choose?

Choose IG if...

✓You need access to a massive range of instruments
✓You are a beginner and value education and simplicity
✓Maximum regulatory protection is your top priority

Choose Swissquote if...

✓You need access to a massive range of instruments
✓Maximum regulatory protection is your top priority
✓You value swiss banking security and deposit insurance

IG Pros & Cons

Pros

✓ Unmatched regulatory trust with 6+ Tier-1 licenses
✓ Massive selection of 17,000+ tradable instruments
✓ World-class educational resources (IG Academy)
✓ Premium proprietary trading platform with guaranteed stops

Cons

× No MT5 platform available
× Spreads can be wider than raw ECN competitors
× High minimum deposit for bank transfers

Swissquote Pros & Cons

Pros

✓ Full Swiss banking license (FINMA) — deposits insured up to CHF 100,000
✓ Listed on SIX Swiss Exchange (SQN) — complete financial transparency
✓ 400,000+ instruments including stocks, ETFs, bonds, options, and futures with direct market access
✓ Swiss banking-grade security with multi-factor authentication and encrypted communications
✓ Dual functionality as both a bank and a broker — IBAN account, debit card, and crypto wallet included

Cons

× Higher minimum deposit ($1,000) compared to most retail brokers
× Forex spreads wider than ECN competitors like IC Markets (1.1 pips on Premium)
× Limited payment options — no Skrill, Neteller, or PayPal
× Platform interface feels dated compared to modern competitors like Capital.com
× Customer support can be slow during high-volume periods

The Bottom Line: IG vs Swissquote

Choose IG if you want:

✓ Instrument Variety
✓ Regulatory Trust
✓ Research
✓ UK Traders
✓ Tighter EUR/USD spreads (0.7 pips)
✓ Lower minimum deposit ($250)

Choose Swissquote if you want:

✓ Swiss Banking Security
✓ Deposit Insurance
✓ Multi-Asset Investing
✓ Crypto Ownership
✓ Institutional Safety

Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.

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