Comparison IFC Markets vs Swissquote
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs Swissquote. Is IFC Markets or Swissquote a better online broker?
First of all, we’ll compare the commission fees of the two brokers. IFC Markets has a commission fee of from 0.1%, and Swissquote has a commission fee of from £15. Now, let’s compare commission fees in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, and the commission fee of Swissquote is average spread of 1.3 pips. When analyzing commission fees in CFD: IFC Markets provides spreads from 34 pips, and Swissquote provides from 0.06%. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: fixed spreads at 45 pips and £1 per contract (Minimum £5) for IFC Markets and Swissquote, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Swissquote. Concerning the platforms, IFC Markets uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while Swissquote uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from IFC Markets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. And Swissquote provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is depends on account type. The withdrawal time for IFC Markets is 1 - 5 business days, and that one for Swissquote is 1-2 working days.
As a result, the rating of IFC Markets is 4.8 stars versus that of Swissquote of 4 stars.