IC Markets Vs IG For Sweden Traders 2026: A Detailed Comparison

For Sweden traders, trading costs are a critical factor, especially when trading in USD. IC Markets offers a Raw Spread account with spreads from 0.0 pips and a commission of $3.50 per lot per side, making it ideal for high-volume traders. The Standard account has spreads from 0.6 pips with no commission. IG's costs are higher, with spreads starting from 0.6 pips on its DMA account but with a lower commission of $1 per lot per side. For Sweden traders executing large volumes, IC Markets is more cost-effective, while IG may suit those who prefer a single all-in spread.

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, which are popular among Sweden retail traders for their advanced charting and automated trading capabilities. IG offers its proprietary web-based platform, plus MetaTrader 4 and ProRealTime. For Sweden traders, cTrader is a standout for its user-friendly interface and depth of market, while IG's platform excels with integrated news and analysis. Both brokers offer mobile trading apps compatible with iOS and Android, ensuring flexibility for Sweden traders on the go.

IC Markets is known for its ultra-fast execution, with average speeds under 40 milliseconds, thanks to its Equinix NY4 data center and no-dealing-desk model. IG offers fast execution but with a dealing desk model for some accounts, which can lead to requotes. For Sweden traders trading high-frequency strategies, IC Markets' execution quality is superior, while IG suits those who prefer a more traditional execution model with added market analysis tools.

Both IC Markets and IG are regulated by the local financial regulator in Sweden, ensuring compliance with Swedish and EU financial laws. IC Markets Global is not FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing. For Sweden traders, this means client funds are segregated, and negative balance protection is in place.

Sweden traders can deposit and withdraw funds at both IC Markets and IG using Bank Transfer, Skrill, Neteller, and USDT. IC Markets supports a minimum deposit of $200 via these methods, with instant processing for e-wallets and USDT. Bank transfers typically take 1-3 business days. IG requires a minimum deposit of $250 for bank transfers and $100 for e-wallets. Withdrawals at IC Markets are processed within 24 hours for e-wallets, while IG takes 1-2 business days. Both brokers do not charge deposit fees, but bank transfer fees may apply. Sweden traders should note that USDT deposits are available on both platforms, offering a fast and low-cost option for funding accounts in USD.

IC Markets and IG both offer Islamic (swap-free) accounts for Sweden Muslim traders. IC Markets provides swap-free accounts on its Standard and Raw Spread accounts, with no swap fees on overnight positions, subject to eligibility review. IG also offers Islamic accounts but may charge an administration fee after a holding period of 10 days on certain instruments. Sweden traders should confirm their eligibility with each broker and review the terms for forex and CFD trading. IC Markets' Islamic accounts are more straightforward with no additional fees, making it a preferred choice for Muslim traders in Sweden.

IC Markets offers 24/7 customer support via live chat, email, and phone, with multilingual support including Swedish. IG provides 24/5 support with live chat, phone, and email, plus a comprehensive FAQ section. For Sweden traders, IC Markets' round-the-clock support is advantageous for after-hours trading, while IG's local presence in Sweden may offer more personalized assistance during business hours.