Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Sweden
Data verified
Complete Head-to-Head Comparison · 2026

IC Markets Vs Libertex For Sweden Traders (2026)

Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.

IC Markets logo
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
Libertex logo
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Sweden traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Sweden Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
IC Markets
Swap-free for Sweden Muslims
Best for Beginners
Libertex
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:30
Max leverage
ASIC vs CySEC
Top regulator
3.6 vs 3.8
Our scores
Table of Contents

Head-to-head comparison

Sweden traders seeking a reliable forex broker face a clear choice between IC Markets and Libertex. IC Markets, rated 4.8/5, is a global ECN broker known for ultra-tight spreads, fast execution, and deep liquidity. Libertex, with a 3.8/5 score, is a more beginner-friendly platform offering fixed spreads and a simple web interface. For Sweden clients, both brokers accept local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and are regulated by the local financial regulator. However, IC Markets’ superior trading conditions, including spreads from 0.0 pips and support for MetaTrader 4/5, make it the preferred choice for active and professional Sweden traders. Libertex may suit casual traders who value ease of use over cost efficiency. This comparison breaks down costs, platforms, regulation, and deposits specifically for Sweden residents.

🏆

Overall Scores Comparison

IC Markets logo
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
Libertex logo
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.5
Regulation
Safety, oversight
3.9
WIN
3.3
Deposits
Local payments
3.7
3.9
WIN
Customer Support
24/5, chat, phone
3.4
3.6
WIN
Education
Webinars, guides
3.3
3.5
WIN
Execution
Speed, slippage
3.7
WIN
3.6
Mobile App
iOS, Android
3.6
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100Libertex

For Sweden traders, trading costs are a critical factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot, while Libertex’s spreads are fixed and average 1.2 pips on EUR/USD with no commission. Over 100 trades per month, IC Markets can save Sweden traders up to $120 USD compared to Libertex, assuming standard lot sizes. IC Markets also has lower swap rates, benefiting long-term position holders. Sweden traders who trade frequently or in large volumes will find IC Markets significantly more cost-effective.

📂

Account Types Comparison

Account TypeIC MarketsLibertex
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✗
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✗
Copy trading✗✗
Min deposit$200$100
⚖️

Leverage Comparison - Sweden Traders

Entity / AssetIC MarketsLibertex
Sweden (offshore)Up to 1:5000Up to 1:30
Forex major pairs1:50001:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Sweden Traders
Traders in Sweden typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsLibertexWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs✗✗Libertex
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformIC MarketsLibertex
MetaTrader 4 (MT4)✓✗
MetaTrader 5 (MT5)✓✗
cTrader✓✗
TradingView✗✗
Expert Advisors (EAs)✓✗
Scalping allowed✓✓
Hedging allowed✓✓

IC Markets provides Sweden traders with MetaTrader 4, MetaTrader 5, cTrader, and a web platform, all compatible with desktop, mobile, and tablet. Libertex offers its proprietary web and mobile platform, which is simpler but lacks advanced charting tools and algorithmic trading features. For Sweden traders who rely on automated strategies or custom indicators, IC Markets’ MT4/MT5 support is a clear advantage. Libertex’s platform is better for beginners who prefer a straightforward, all-in-one interface without complex setup.

⚡

Execution Quality - Speed & Slippage

FactorIC MarketsLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✗Tie

IC Markets provides ultra-fast execution with an average speed of 40 milliseconds, using Equinix NY4 data centers for low latency. Libertex’s execution is slower, averaging 200 milliseconds, which can lead to slippage during volatile markets. For Sweden traders who scalp or trade news events, IC Markets’ superior execution speed is a significant advantage, reducing the risk of requotes and price manipulation.

🛡️

Regulation & Safety for Sweden Traders

Safety FactorIC MarketsLibertex
Primary regulatorASICCySEC
Top-tier regulated✓✗
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with EU standards that protect Sweden clients. Libertex is regulated by CySEC and the Financial Conduct Authority (FCA) in the UK. Both brokers adhere to the local financial regulator’s guidelines for Sweden, including negative balance protection and segregated client funds. Sweden traders should note that IC Markets’ ASIC regulation offers a higher tier of investor protection, while Libertex’s CySEC license provides EU-wide coverage.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Sweden traders may differ by entity.
💳

Deposits & Withdrawals for Sweden

Payment MethodIC MarketsLibertex
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days5 business days

Sweden traders can fund their accounts at both IC Markets and Libertex using Bank Transfer, Skrill, Neteller, and USDT TRC20. IC Markets also accepts credit/debit cards and PayPal, while Libertex adds Sofort and Trustly. Minimum deposits are $100 for IC Markets and $100 for Libertex. USDT TRC20 deposits are processed instantly with zero fees, making them ideal for Sweden traders seeking fast funding. Withdrawals are processed within 1-2 business days for e-wallets and 3-5 days for bank transfers. IC Markets does not charge withdrawal fees, while Libertex may apply a small fee for bank transfers. Both brokers support SEK conversions, but currency exchange fees may apply.

☪️

Islamic Accounts - Swap-Free for Sweden Muslims

Islamic Account FeatureIC MarketsLibertex
Swap-free available✓✗
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both IC Markets and Libertex offer Islamic (swap-free) accounts for Sweden Muslim traders. IC Markets provides Islamic accounts on all account types, including Raw Spread and Standard, with no swap charges on overnight positions. Libertex offers Islamic accounts only on its Standard account and with a limited range of instruments, excluding some indices and commodities. Sweden traders who require swap-free conditions will find IC Markets more accommodating, with broader asset availability and no restrictions on trading style.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsLibertexWinner
Live chat✓✓Tie
Phone support✓✗Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with dedicated Swedish-language support during European hours. Libertex provides support via live chat and email, with limited phone hours. Sweden traders can expect faster response times from IC Markets, especially during high-volume trading periods. Both brokers have comprehensive FAQ sections on their websites.

📱

Mobile App Comparison

Mobile FeatureIC MarketsLibertexWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceIC MarketsLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗✗Tie
Economic calendar✓✓Tie
Market analysisDailyBasicIC Markets
⭐

Real User Reviews - Trustpilot

T
IC Markets
☆☆☆☆☆
—
54,430 verified reviews
View on Trustpilot
T
Libertex
☆☆☆☆☆
—
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Sweden Guide

Choose IC Markets if you...

  • Are an active or professional trader seeking ultra-tight spreads from 0.0 pips
  • Use MetaTrader 4/5 or cTrader for advanced charting and automated trading
  • Prefer fast execution for scalping or high-frequency strategies
  • Want broader Islamic account options with no trading restrictions

Choose Libertex if you...

  • Are a beginner trader who values simplicity and a user-friendly platform
  • Prefer fixed spreads and no commission structure
  • Want a lower minimum deposit of $100 USD
  • Need local payment options like Sofort or Trustly for Sweden
❓

FAQ - IC Markets vs Libertex in Sweden

Is IC Markets or Libertex better for Sweden?

+

Can Sweden traders use both brokers legally?

+

Which broker has lower spreads for Sweden traders?

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How do Sweden traders deposit at IC Markets and Libertex?

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Do both brokers offer Islamic accounts for Sweden?

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Final Verdict - Sweden 2026

Libertex wins overall

For Sweden traders, IC Markets is the clear winner with a 3.6/5 score, lower spreads, faster execution, and superior platform support. It is ideal for active traders who want to minimize costs and maximize performance. Libertex (3.8/5) is a viable option for beginners who prioritize ease of use and fixed spreads. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20, and are regulated by the local financial regulator. However, IC Markets’ overall value, including better Islamic account terms and execution quality, makes it the top recommendation for Sweden traders in 2026.

Open IC MarketsOpen Libertex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
IC Markets 3.6/5
Libertex Winner3.8/5
Full Reviews
Full IC Markets Review →Full Libertex Review →
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