BDSwiss vs IC Markets: Which One is Better for You?


BDSwiss vs IC Markets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between BDSwiss vs IC Markets, here is the direct comparison:

Feature
Go to BDSwiss

Go to IC Markets

Rating

General Rating 3.67/5
4.23/5
Trustpilot 3.3/5

rated by 138 users
4.8/5

rated by 12 users

General Information

Office(s) Cyprus, Germany, Philippines and Seychelles Australia, Hong Kong and Viet Nam
Regulation CySEC 199/13
FSA (Seychelles), SD047
FSC (Mauritius), C116016172
ASIC ACN 123 289 109
Established 2012 2007
Minimum Deposit $100 $200
Maximum Leverage 1:400 1:500
Spread Fixed Variable
Commissions $3.50
Minimum Position 0.01 lot 0.01 lot
Payment giropay, iDEAL, paysafecard, Skrill, SOFORT and Wire transfer Bitcoin, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer
Official Website Visit BDSwiss Visit IC Markets

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Arabic, Czech, Danish, English, German, Hindi, Italian, Korean, Norwegian, Polish, Romanian, Russian, Spanish, Thai, Vietnamese Chinese, English, Japanese, Russian
Email Support
Call Support
Chat Support

Reviews

General Review Read BDSwiss Review Read IC Markets Review
User Reviews

Barry Jones

Sep 1 2020

BDSwiss is highly recommended broker because their fast withdrawal request. Based on my own experience!


James Curtis

Sep 1 2020

good strong broker with many years experience far spreads, and good commissions, over all well trusted and doing well would recommend


Susan Bones

Sep 1 2020

BDSwiss have an amazing and fantastic trading apps. I highly recommend them. Their app is user friendly and very easy to set up and start trading.


Adam Curtis

Sep 1 2020

Both me and my friend had a terrible time trying to withdraw profits. So now I avoiding this broker.


George N

Sep 25 2020

Withdraw my profit without problem and they have a great customet service.


Sullivan

Sep 1 2020

I don't know why they hold back my money. I just want to withdraw my money because I need it. Please give my money back.


Jane Charles

Sep 1 2020

Bdswiss is the best broker. Their attitude towards customer services is really good. You can be sure your funds are very very safe. Their trading condition is just also very good.


rosetitan98

Sep 1 2020

I have been trading with BDSwiss for just over a year now and currently never had a problem with them at all only deposited small amounts at first and finally deposited a big amount but didn’t check the reviews of them till after I added it to my account. So after reading a few bad reviews about withdrawal problems which I have never had and been complete within 24hr it just made me think. Hopefully something they can work on.


Andrew Adam

Sep 1 2020

I can not rate them properly for what I experienced so far. Some reviews are good, but others are bad enough. Please improve withdrawal approval period. Thank you.


Tim B

Sep 1 2020

I think BDSwiss is an average broker. They often manipulated entries, SL, TP points. Sometimes the positions are closed without notice. The only good thing about them is their customer support.


Dominique D

Sep 1 2020

BDSwiss has higher spreads other than another broker which is upsetting. Heard their withdrawal process also difficult. There's plenty broker out there better than Bdswiss.


Benjamin Shille

Sep 1 2020

They do not have many bonuses, but there are a variety of tools and materials as a new trader. Swap free and Islamic accounts are available. BDSwiss offers trading on Webtrader, MT4, MT5, and mobile app.


Aisha Baker

Sep 1 2020

I have not heard much about this broker in Asia then I decided to give it a try. Fully regulated broker under CySec, FSC and NFA. Local deposit methods available in Asia. Account verification took less than 24 hours to complete. Spreads from 0 for Raw account, although a credit card is needed for the subscription fee. I have contacted their live chat service countless times and they are always quick to respond.


Bernard K

Sep 1 2020

I've been using this broker for some months ,it's the worse so far of all that I have used. I've made a withdrawal to skrill two days ago, which should be instant after they process it, and haven't received the withdrawal yet.


Olivia P

Sep 25 2020

Put money in now waited over 3 months and still no withdrawal. I'm not the only one waiting for this process to be done.


Bububaba93

Sep 1 2020

Reading all comments about BDSwiss withdrawal process really made me have a second thought. Is it really that bad? Also I think 2-5 days withdrawal is pretty common right?


Angel Kobastami

Sep 1 2020

My experience with BDSwiss was a very good one. I made a pretty good profit and NO REQUOTE!!! I recommend this broker.


Daniel M

Sep 1 2020

BDSwiss support system should have solved my problem quickly because of updating the deposit data (late to my trading account). Other than that, the withdrawal process took only 2 days max.


Ray Eyed

Sep 1 2020

I didn't face withdrawal problems like others ppl. The raw account is good but it should need less than 5k deposit minimum. A little bit expensive for me.


R. Hasan

Sep 1 2020

Not like most of users, I don’t have any problems with my withdrawal process. Withdrawal was sent to my account within 5 days of request.


Liam Addington

Jul 24 2020

It's been a month using ICMarket demo, and I compared it with other brokers, relatively smaller commissions and spreads. hopefully it's the same as with the Real Account ... thank U ICMarket, keep Good Service ...


Garret Ng

Jul 24 2020

It's been 10 times to register a live account at icmarket.com but there's no confirmation via email too ... even though it's been 2 days :(


Sarah Michaelson

Jul 24 2020

Recommended for those looking for ECN brokers, regulated & affordable deposits


Nadeem Juliano

Jul 24 2020

Just check on icmarkets.com, the commission is quite affordable, the max is 3.50 USD / lot. It's reasonable since the minimal deposit is quite high.  If compared to other brokers, trading cost in icmarkets relatively cheap cz I've seen an ECN account that commissions like 20 USD / lot.


Pedro Vienna

Jul 24 2020

IC Markets real ECN broker. Can be checked from the quality of the regulation, also the platform can use cTrader who can access directly to the market.


Janeta

Jul 24 2020

IC Markets Brokers are really great, the spreads are very good ... starting from 0.0 for ECN accounts ... depo and WD smoothly ...


Start Trading

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Which one has the better spread?

Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.

However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, BDSwiss provides their pricing with Fixed while IC Markets offers Variable.



BDSwiss vs IC Markets: Who hosts the best trading platform?

The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

To support their clients, BDSwiss enables trading with MetaTrader 4, MetaTrader 5, WebTrader. The offer is supported with Mobile trading, Browser-based platform, One-click trading, Trailing stop, Pending orders. In comparison, IC Markets provides trading with MetaTrader 4, MetaTrader 5, cTrader, webIRESS, ProDeal with the support of Mobile trading, Browser-based platform, Trading via API, One-click trading, Trailing stop, Pending orders.



Is BDSwiss or IC Markets better in providing the trading instruments?

It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.

In this case, BDSwiss supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Cryptocurrencies, while IC Markets presents the ability of trading with Forex, CFD, Bonds, Cryptocurrencies.

In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.

Looking for more references? Here are other comparisons related to BDSwiss and IC Markets:

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