BDSwiss vs IC Markets Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - BDSwiss or IC Markets?
Our pick: IC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - IC Markets looks preferable to BDSwiss.
IC Markets scored 4.7/5 and ranks 3 in our all Forex brokers list, whereas BDSwiss has 3.9/5 and ranks 51.
This is not financial advice. See the full comparison below.
Who is BDSwiss suitable for?
Thanks to various assets and educational resources, BDSwiss is suitable for all traders, from beginners to professionals.
Who is IC Markets suitable for?
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Comparison Table of BDSwiss and IC Markets
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Rating | 3.9/5 | 4.7/5 |
| Foundation Year | 2011 | 2007 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Seychelles, Australia, Cyprus, Kenya |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | BDSwiss Review | IC Markets Review |
BDSwiss Review
BDSwiss is an attractive broker offering a variety of trading assets, intuitive trading platforms, and a wide range of analytical and educational materials.
This broker is suitable for different types of traders, from beginners to experienced professionals, thanks to the variety of services offered and a personalized approach to each client.
Pros and Cons of BDSwiss
Pros
- Diversity of trading platforms.
- Extensive analytical and educational materials.
- A variety of deposit and withdrawal methods without commissions.
Cons
- Spreads and swaps are higher than the market average.
- Some trading asset classes are missing.
- There are no passive investing accounts.
BDSwiss is in the top 10 of the following ratings:
IC Markets Review
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets is in the top 10 of the following ratings:
Reliability
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2011 | 2007 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Seychelles, Australia, Cyprus, Kenya |
| Regulators | SFSA SFSA MISA MISA FSC FSC FSCA FSCA | SFSA SFSA ASIC ASIC CySEC CySEC CMA CMA |
BDSwiss
Broker BDSwiss demonstrates high reliability due to international regulation.
Pros
- Regulated by different bodies.
Cons
- Lacks regulation by stricter authorities such as FCA, ASIC, or CFTC
IC Markets
IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.
Account Opening
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Account Opening | 4.3/5 | 4.5/5 |
| Minimum Deposit |
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BDSwiss
The account opening process at BDSwiss is detailed and secure, although it can be time-consuming.
IC Markets
The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.
Account Types
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Account Types | 3.8/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
BDSwiss
BDSwiss offers a basic set of accounts that meet the needs of most traders.
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
Commissions
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Commissions | 2/5 | 4.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 0.62 |
| Commission per Lot | $3 | $3.5 |
BDSwiss
BDSwiss' commissions are above average.
Pros
- No deposit/withdrawal fees.
Cons
- High spreads and swaps on the standard account.
- Inactivity fee for the account.
IC Markets
IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.
Deposit and Withdrawal
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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BDSwiss
BDSwiss offers convenient and diverse methods for depositing and withdrawing funds without fees, ensuring high accessibility and flexibility.
IC Markets
IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.
Markets and Products
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 51 | 61 |
| Precious Metals | 4 | 7 |
| Energy Carriers | 2 | 5 |
| Indices | 11 | 25 |
| Stocks | 128 | 2175 |
| Cryptocurrency | 26 | 21 |
| Soft Commodities | - | 8 |
| ETF | - | 38 |
| Bonds | - | 10 |
BDSwiss
BDSwiss offers a wide selection of assets and high leverage, making it suitable for various trading strategies, despite some limitations.
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
Trading Platforms
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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BDSwiss
BDSwiss trading platforms provide a diverse, functional, and flexible trading experience.
Pros
- Availability of popular platforms MT4 and MT5.
- Proprietary web platform with an intuitive interface.
- Ability to trade from various devices.
Cons
- Some traders may seek even more platform diversity.
IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
Analytics
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
BDSwiss
BDSwiss analytics includes a variety of tools and up-to-date data, providing deep market analysis.
Pros
- Extensive set of analytical materials and tools.
- Daily updates of market analysis and trading ideas.
- Personalized trading signals for Raw and VIP clients.
IC Markets
IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.
Education
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
BDSwiss
BDSwiss offers extensive and high-quality educational resources, supporting the development of traders at various levels.
IC Markets
IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.
Customer Support
| Broker | BDSwiss | IC Markets |
|---|---|---|
| Rating | 4.5/5 | 4.7/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
Instagram
YouTube
TelegramBDSwiss
BDSwiss provides efficient and fast support in 22 languages, but the lack of Russian may pose difficulties for some users.
IC Markets
IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.
Pros
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
Comparisons of BDSwiss and IC Markets with other brokers
Conclusion
IC Markets stands out as the better overall pick, while BDSwiss trails on aggregate criteria.
IC Markets scored 4.7/5 and ranks 3 in our rating; BDSwiss has 3.9/5 and ranks 51.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: BDSwiss or IC Markets?
IC Markets comes out ahead by overall rank (score 4.7/5, position 3) versus BDSwiss (score 3.9/5, position 51).
Which broker is better for beginners: BDSwiss or IC Markets?
IC Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — BDSwiss or IC Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with BDSwiss and IC Markets?
BDSwiss: MetaTrader 4, MetaTrader 5, WebTrader. IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with BDSwiss and IC Markets?
BDSwiss: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by BDSwiss and IC Markets?
BDSwiss: Cent, Classic, VIP, Zero Spread. IC Markets: Standard, Raw Spread cTrader, Raw Spread. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by BDSwiss and IC Markets?
BDSwiss: Neteller, Skrill, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bank Transfer, Visa, Mastercard, Online banking. IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. Check method-specific fees/settlement times.
Which broker is safer — BDSwiss or IC Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
